Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 42.2 to 32.4.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Flowserve SIHI ( Belgium ) from Dilbeek, company number BE0402931664, closed financial year 2025 with a result of € 638,136 after tax. For that financial year Flowserve SIHI ( Belgium ) recorded revenue of € 19.4 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 740,578 to € 638,136. 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 June 29, 2026.
€ 5.6 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 638,136
▼ 14% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.3 million.
People and assets in 2025
32.4
▼ 5.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▼ 6% vs 2024
€ 113,700 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.4 million
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.
€ 1.9 million
▲ 64% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,219,291 | € 22,111,055 | € 21,530,280 | € 19,363,732 | ▼ 10% |
| Profit after taxes | € 688,602 | € 782,630 | € 740,578 | € 638,136 | ▼ 14% |
| Equity | € 6,441,171 | € 7,223,801 | € 4,964,379 | € 5,602,515 | ▲ 13% |
| Total debts | € 4,277,319 | € 4,668,341 | € 8,467,982 | € 4,922,587 | ▼ 42% |
| Cash | € 2,349,148 | - | - | - | |
| Land & buildings | € 938,967 | € 911,465 | € 856,538 | € 801,525 | ▼ 6% |
| Retained profit | € 6,178,671 | € 6,961,301 | € 4,701,879 | € 5,340,015 | ▲ 14% |
| Dividend | € 0 | € 0 | € 3,000,000 | € 0 | ▼ 100% |
| Bank debt | € 961,615 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 10,770,317 | € 12,006,568 | € 13,518,185 | € 10,607,608 | ▼ 22% |
| Employees (FTE) | 42.5 | 42.2 | 37.8 | 32.4 | ▼ 5.4 |
Key figures of Flowserve SIHI ( Belgium ), 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 Flowserve SIHI ( Belgium )?
What happened at Flowserve SIHI ( Belgium ) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Evelien Neukermans stepped down as director. NBB
- Niels Beullens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 638,136 (▼ 14% vs 2024). Source: NBB ↗
- Evelien Neukermans became a director. NBB
- Niels Beullens became a director. NBB
- New establishment in Dilbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 688,602 profit in 2022 to € 638,136 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 782,630 profit.
Paid out € 3 million in dividends to the owners in total.
Management
The shares are held by Flowserve Belgium (100%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Niels Beullens
Director
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Alfons Gossetlaan 32 box E201
1702 Dilbeek
't Hofveld 1
1702 Dilbeek
Active since 1 November 1941
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.931.664
- VAT number
- BE 0402.931.664
- Registered office
- Alfons Gossetlaan 32 bus E201, 1702 Dilbeek
- Names & denominations
- Flowserve SIHI ( Belgium )
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 1938
- Peppol
- Not registered
- Activities · NACE
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