What does SINELCO INTERNATIONAL do?

SINELCO INTERNATIONAL is a wholesaler in Ronse. Private Limited, started on 31 January 1963, 1 establishment.

What is the address of SINELCO INTERNATIONAL?

The registered office of SINELCO INTERNATIONAL is located at Klein Frankrijkstraat 37, 9600 Ronse.

Is SINELCO INTERNATIONAL still active?

Yes. According to the CBE (30 October 2026) SINELCO INTERNATIONAL is active, legal situation “Normale toestand”, started on 31 January 1963.

Is SINELCO INTERNATIONAL registered on Peppol?

No, SINELCO INTERNATIONAL is currently not registered on the Peppol network.

What is the enterprise number of SINELCO INTERNATIONAL?

The enterprise number of SINELCO INTERNATIONAL is BE0400208340.

When was SINELCO INTERNATIONAL founded?

SINELCO INTERNATIONAL was founded on 31 January 1963.

Who are the directors of SINELCO INTERNATIONAL?

According to the 2025 annual accounts, the directors of SINELCO INTERNATIONAL are: Heidi Van Ocken, Olivier Badezet.

Is SINELCO INTERNATIONAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 January 1963; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SINELCO INTERNATIONAL make in 2025?

SINELCO INTERNATIONAL recorded a loss after taxes of € 260,658 in financial year 2025.

What is the revenue of SINELCO INTERNATIONAL?

In its most recent annual accounts (2025), SINELCO INTERNATIONAL reported revenue of € 32,049,916.

How much does an employee at SINELCO INTERNATIONAL earn?

The average wage cost per full-time employee at SINELCO INTERNATIONAL was € 84,500 in 2025: staff costs of € 2.9 million for 34.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SINELCO INTERNATIONAL have?

According to the 2025 annual accounts, SINELCO INTERNATIONAL has 34.4 full-time equivalents (FTE).

SINELCO INTERNATIONAL (Private Limited) - Ronse

Dossier SINELCO INTERNATIONAL, printed on 30 October 2026 from databakkes.be/en/0400208340/sinelco-international. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 44.8 to 34.4.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

SINELCO INTERNATIONAL from Ronse, company number BE0400208340, closed financial year 2025 with a result of € -260,658 after tax. For that financial year SINELCO INTERNATIONAL recorded revenue of € 32 million and equity of € 15.2 million. Compared with financial year 2024, the result moved from € 2.6 million to € -260,658. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.

What it is worth Healthy

€ 15.2 million

▼ 27% vs 2024

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

Loss Caution

€ -260,658

▼ still € 2.6 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 679,108

▼ 70% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 12.5 million.

People and assets in 2025

Full-time equivalents

34.4

▼ 5.1 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: € 6.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.9 million

▼ 31% vs 2024

€ 84,500 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

€ 11,092

▼ 60% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 3.5 million

▼ 11% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.

Taxes and wages

€ 434,719

▼ 36% 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	€ 47,169,591 Revenue 2022: € 47,169,591 First fiscal year in the series	€ 35,320,077 Revenue 2023: € 35,320,077 ▼ 25% vs 2022 (€ 47,169,591) Unfavourable step	€ 28,617,304 Revenue 2024: € 28,617,304 ▼ 19% vs 2023 (€ 35,320,077) Unfavourable step	€ 32,049,916 Revenue 2025: € 32,049,916 ▲ 12% vs 2024 (€ 28,617,304) Favourable step	▲ 12%
Profit after taxes	€ 3,263,878 Profit after taxes 2022: € 3,263,878 First fiscal year in the series	€ 324,849 Profit after taxes 2023: € 324,849 ▼ 90% vs 2022 (€ 3,263,878) Unfavourable step	€ 2,580,844 Profit after taxes 2024: € 2,580,844 ▲ € 2.3 million vs 2023 (€ 324,849) Favourable step	€ -260,658 Profit after taxes 2025: € -260,658 ▼ € 2.8 million vs 2024 (€ 2,580,844) Unfavourable step	▼ € 2.8 million
Equity	€ 33,450,175 Equity 2022: € 33,450,175 First fiscal year in the series	€ 33,775,024 Equity 2023: € 33,775,024 ▲ 1% vs 2022 (€ 33,450,175) Favourable step	€ 20,952,972 Equity 2024: € 20,952,972 ▼ 38% vs 2023 (€ 33,775,024) Unfavourable step	€ 15,192,314 Equity 2025: € 15,192,314 ▼ 27% vs 2024 (€ 20,952,972) Unfavourable step	▼ 27%
Total debts	€ 4,369,918 Total debts 2022: € 4,369,918 First fiscal year in the series	€ 3,390,334 Total debts 2023: € 3,390,334 ▼ 22% vs 2022 (€ 4,369,918) Favourable step	€ 4,795,023 Total debts 2024: € 4,795,023 ▲ 41% vs 2023 (€ 3,390,334) Unfavourable step	€ 9,594,081 Total debts 2025: € 9,594,081 ▲ 100% vs 2024 (€ 4,795,023) Unfavourable step	▲ 100%
Cash	€ 2,059,796 Cash 2022: € 2,059,796 First fiscal year in the series	€ 3,301,778 Cash 2023: € 3,301,778 ▲ 60% vs 2022 (€ 2,059,796) Favourable step	€ 2,274,575 Cash 2024: € 2,274,575 ▼ 31% vs 2023 (€ 3,301,778) Unfavourable step	€ 679,108 Cash 2025: € 679,108 ▼ 70% vs 2024 (€ 2,274,575) Unfavourable step	▼ 70%
Retained profit	€ 30,770,199 Retained profit 2022: € 30,770,199 First fiscal year in the series	€ 31,095,048 Retained profit 2023: € 31,095,048 ▲ 1% vs 2022 (€ 30,770,199) Favourable step	€ 18,272,996 Retained profit 2024: € 18,272,996 ▼ 41% vs 2023 (€ 31,095,048) Unfavourable step	€ 12,512,338 Retained profit 2025: € 12,512,338 ▼ 32% vs 2024 (€ 18,272,996) Unfavourable step	▼ 32%
Balance sheet total	€ 37,820,093 Balance sheet total 2022: € 37,820,093 First fiscal year in the series	€ 37,165,358 Balance sheet total 2023: € 37,165,358 ▼ 2% vs 2022 (€ 37,820,093) Unchanged	€ 25,747,995 Balance sheet total 2024: € 25,747,995 ▼ 31% vs 2023 (€ 37,165,358) Unchanged	€ 24,786,395 Balance sheet total 2025: € 24,786,395 ▼ 4% vs 2024 (€ 25,747,995) Unchanged	▼ 4%
Employees (FTE)	48.6 Employees (FTE) 2022: 48.6 First fiscal year in the series	44.8 Employees (FTE) 2023: 44.8 ▼ 3.8 vs 2022 (48.6) Unchanged	39.5 Employees (FTE) 2024: 39.5 ▼ 5.3 vs 2023 (44.8) Unchanged	34.4 Employees (FTE) 2025: 34.4 ▼ 5.1 vs 2024 (39.5) Unchanged	▼ 5.1

Key figures of SINELCO INTERNATIONAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to SINELCO INTERNATIONAL?

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

Apr 9, 2026 New annual accounts for financial year 2025: loss of € 260,658 (▼ € 2.8 million vs 2024). Source: NBB ↗
2017 Heidi Van Ocken became a director. NBB
2015 Olivier Badezet became a director. NBB
Jan 1, 2008 New establishment in Ronse. KBO
Jan 31, 1963 Start of the company according to the CBE. KBO

In short

From € 3.3 million profit in 2022 to € 260,658 loss in 2025.

Paid € 1.4 million in corporate taxes since 2022.

Best year ever: 2022, with € 3.3 million profit.

Pays suppliers within 44 days on average.

Original PDFs at the National Bank ↗

Management

SINELCO GROUP 100%

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

SINELCO INTERNATIONAL

Sinelco Italiana 100%

Behind SINELCO INTERNATIONAL are Heidi Van Ocken and Olivier Badezet. The shares are held by SINELCO GROUP (100%). It owns 100% of Sinelco Italiana itself.

Directors

According to the 2025 annual accounts

Heidi Van Ocken

Manager

Also active at: KAPPERSCENTRALE BAUWENS, SINELCO GROUP, Pro - duo, VIGOX

since 2017

Olivier Badezet

Manager

Also active at: KAPPERSCENTRALE BAUWENS, SINELCO GROUP, Pro - duo, VIGOX

since 2015

Shareholders

SINELCO GROUP

100%

Participations

Sinelco Italiana

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Klein Frankrijkstraat 37

9600 Ronse

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

SINELCO GROUP same network

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

Details

Company number: 0400.208.340
VAT number: BE 0400.208.340
Registered office: Klein Frankrijkstraat 37, 9600 Ronse
Names & denominations: SINELCO INTERNATIONAL
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 31 January 1963
Peppol: Not registered
Activities · NACE: Groothandel in parfumerieën en cosmetica

View on CBE Public ↗ Annual accounts (NBB) ↗