Alsico is a clothing manufacturer in Ronse. Public Limited, started on 4 May 1964, 1 establishment.

What is the address of Alsico?

The registered office of Alsico is located at Zonnestraat 223/229, 9600 Ronse.

Is Alsico still active?

Yes. According to the CBE (29 October 2026) Alsico is active, legal situation “Normale toestand”, started on 4 May 1964.

Is Alsico registered on Peppol?

Yes, Alsico is registered on the Peppol network with ID 0208:0400191316.

What is the enterprise number of Alsico?

The enterprise number of Alsico is BE0400191316.

When was Alsico founded?

Alsico was founded on 4 May 1964.

Who are the directors of Alsico?

According to the 2025 annual accounts, the directors of Alsico are: Alsico Group NV, Bernard SIAU, Vincent SIAU.

Is Alsico a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 May 1964; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Alsico make in 2025?

Alsico posted a profit after taxes of € 1,178,821 in financial year 2025.

What is the revenue of Alsico?

In its most recent annual accounts (2025), Alsico reported revenue of € 37,865,840.

How much does an employee at Alsico earn?

The average wage cost per full-time employee at Alsico was € 79,700 in 2025: staff costs of € 4.1 million for 51.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Alsico have?

According to the 2025 annual accounts, Alsico has 51.4 full-time equivalents (FTE).

Alsico (Public Limited) - Ronse - BE0400191316

Dossier Alsico, printed on 29 October 2026 from databakkes.be/en/0400191316/alsico. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Alsico from Ronse, company number BE0400191316, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Alsico recorded revenue of € 37.9 million and equity of € 15.4 million. Compared with financial year 2024, the result moved from € 2 million to € 1.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.

What it is worth Growing

€ 15.4 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1.2 million

▼ 42% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.1 million

▲ 107% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 9.9 million.

People and assets in 2025

Full-time equivalents

51.4

▲ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 5.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.1 million

▲ 19% vs 2024

€ 79,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 219,359

▲ 23% vs 2024

Of which on lease € 53,440.

Debts at end 2025

Bank debt ≈ 29 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▲ € 1.1 million vs 2024

€ 1,832 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.

Owed to suppliers

€ 6.5 million

▲ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.

Taxes and wages

€ 700,851

▼ 29% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 32,233,978 Revenue 2022: € 32,233,978 First fiscal year in the series	€ 37,205,856 Revenue 2023: € 37,205,856 ▲ 15% vs 2022 (€ 32,233,978) Favourable step	€ 33,705,251 Revenue 2024: € 33,705,251 ▼ 9% vs 2023 (€ 37,205,856) Unfavourable step	€ 37,865,840 Revenue 2025: € 37,865,840 ▲ 12% vs 2024 (€ 33,705,251) Favourable step	▲ 12%
Profit after taxes	€ 2,683,298 Profit after taxes 2022: € 2,683,298 First fiscal year in the series	€ 2,637,312 Profit after taxes 2023: € 2,637,312 ▼ 2% vs 2022 (€ 2,683,298) Unfavourable step	€ 2,049,883 Profit after taxes 2024: € 2,049,883 ▼ 22% vs 2023 (€ 2,637,312) Unfavourable step	€ 1,178,821 Profit after taxes 2025: € 1,178,821 ▼ 42% vs 2024 (€ 2,049,883) Unfavourable step	▼ 42%
Equity	€ 11,107,490 Equity 2022: € 11,107,490 First fiscal year in the series	€ 13,704,554 Equity 2023: € 13,704,554 ▲ 23% vs 2022 (€ 11,107,490) Favourable step	€ 14,220,713 Equity 2024: € 14,220,713 ▲ 4% vs 2023 (€ 13,704,554) Favourable step	€ 15,365,764 Equity 2025: € 15,365,764 ▲ 8% vs 2024 (€ 14,220,713) Favourable step	▲ 8%
Total debts	€ 11,446,511 Total debts 2022: € 11,446,511 First fiscal year in the series	€ 10,146,235 Total debts 2023: € 10,146,235 ▼ 11% vs 2022 (€ 11,446,511) Favourable step	€ 8,979,730 Total debts 2024: € 8,979,730 ▼ 11% vs 2023 (€ 10,146,235) Favourable step	€ 11,714,027 Total debts 2025: € 11,714,027 ▲ 30% vs 2024 (€ 8,979,730) Unfavourable step	▲ 30%
Cash	€ 1,063,914 Cash 2022: € 1,063,914 First fiscal year in the series	€ 2,800,319 Cash 2023: € 2,800,319 ▲ 163% vs 2022 (€ 1,063,914) Favourable step	€ 1,515,694 Cash 2024: € 1,515,694 ▼ 46% vs 2023 (€ 2,800,319) Unfavourable step	€ 3,134,482 Cash 2025: € 3,134,482 ▲ 107% vs 2024 (€ 1,515,694) Favourable step	▲ 107%
Land & buildings	€ 1,052,069 Land & buildings 2022: € 1,052,069 First fiscal year in the series	€ 1,137,484 Land & buildings 2023: € 1,137,484 ▲ 8% vs 2022 (€ 1,052,069) Unchanged	€ 1,023,091 Land & buildings 2024: € 1,023,091 ▼ 10% vs 2023 (€ 1,137,484) Unchanged	€ 908,239 Land & buildings 2025: € 908,239 ▼ 11% vs 2024 (€ 1,023,091) Unchanged	▼ 11%
Retained profit	€ 5,607,490 Retained profit 2022: € 5,607,490 First fiscal year in the series	€ 8,204,554 Retained profit 2023: € 8,204,554 ▲ 46% vs 2022 (€ 5,607,490) Favourable step	€ 8,720,713 Retained profit 2024: € 8,720,713 ▲ 6% vs 2023 (€ 8,204,554) Favourable step	€ 9,865,764 Retained profit 2025: € 9,865,764 ▲ 13% vs 2024 (€ 8,720,713) Favourable step	▲ 13%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 1,500,000 Dividend 2024: € 1,500,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 1,500,000) Unchanged	▼ 100%
Bank debt	€ 4,765,664 Bank debt 2022: € 4,765,664 First fiscal year in the series	€ 36,445 Bank debt 2023: € 36,445 ▼ 99% vs 2022 (€ 4,765,664) Favourable step	€ 36,481 Bank debt 2024: € 36,481 Unchanged (€ 36,445) Unfavourable step	€ 1,090,157 Bank debt 2025: € 1,090,157 ▲ € 1.1 million vs 2024 (€ 36,481) Unfavourable step	▲ € 1.1 million
Balance sheet total	€ 22,554,000 Balance sheet total 2022: € 22,554,000 First fiscal year in the series	€ 23,850,789 Balance sheet total 2023: € 23,850,789 ▲ 6% vs 2022 (€ 22,554,000) Unchanged	€ 23,200,442 Balance sheet total 2024: € 23,200,442 ▼ 3% vs 2023 (€ 23,850,789) Unchanged	€ 27,079,791 Balance sheet total 2025: € 27,079,791 ▲ 17% vs 2024 (€ 23,200,442) Unchanged	▲ 17%
Employees (FTE)	55.1 Employees (FTE) 2022: 55.1 First fiscal year in the series	53.6 Employees (FTE) 2023: 53.6 ▼ 1.5 vs 2022 (55.1) Unchanged	51.2 Employees (FTE) 2024: 51.2 ▼ 2.4 vs 2023 (53.6) Unchanged	51.4 Employees (FTE) 2025: 51.4 ▲ 0.2 vs 2024 (51.2) Unchanged	▲ 0.2

Key figures of Alsico, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Alsico?

What happened at Alsico in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Alsico Group NV stepped down as director. NBB
2029 Bernard SIAU stepped down as director. NBB
2029 Vincent SIAU stepped down as director. NBB
Jul 9, 2026 New annual accounts for financial year 2025: profit of € 1.2 million (▼ 42% vs 2024). Source: NBB ↗
2023 Alsico Group NV became a director. NBB
2023 Bernard SIAU became a director. NBB
2023 Vincent SIAU became a director. NBB
May 4, 1964 Start of the company according to the CBE. KBO

In short

From € 2.7 million profit in 2022 to € 1.2 million profit in 2025.

Paid € 2.5 million in corporate taxes since 2022.

Best year ever: 2022, with € 2.7 million profit.

Paid out € 1.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

alsico group 99.9%

The stake of alsico group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Alsico

The shares are held by alsico group (99.9%).

Directors

According to the 2025 annual accounts

Alsico Group NV

Director · represented by Gauthier Siau

Also active at: BERPHIMMO, ALSICO LOGISTICS, ALSICO HIGH TECH, alsico academy

since 2023 · until 2029

Bernard SIAU

Managing director

Also active at: BEMAR, KERDA, Grijkoort - Begeleid Werk, GRIJKOORT - WERKPLAATS, BERPHIMMO, BOSAQ, ALSICO HIGH TECH, alsico group +1 more

since 2023 · until 2029

Vincent SIAU

Director

Also active at: tapeservice, BERPHIMMO, FLORSKY, ALSICO HIGH TECH, alsico group, alsico academy

since 2023 · until 2029

Shareholders

alsico group

99.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zonnestraat 223/229

9600 Ronse

2.004.291.697

Zonnestraat 229

9600 Ronse

Active since 1 May 1964

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0400.191.316

VAT number

BE 0400.191.316

Registered office

Zonnestraat 223/229, 9600 Ronse

Names & denominations

Alsico

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 May 1964

Peppol

Active · Active since 13 Mar 2025

Activities · NACE

Vervaardiging van werkkleding

Handelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer

Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren

View on CBE Public ↗ Annual accounts (NBB) ↗

Alsico

Financials

What happened to Alsico?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions