What does Sinitex do?

Sinitex is a property company in Sint-Lambrechts-Woluwe. Private Limited, started on 1 January 1968, 1 establishment.

What is the address of Sinitex?

The registered office of Sinitex is located at Vergoteplein 13, 1200 Sint-Lambrechts-Woluwe.

Is Sinitex still active?

Yes. According to the CBE (29 October 2026) Sinitex is active, legal situation “Normale toestand”, started on 1 January 1968.

Is Sinitex registered on Peppol?

No, Sinitex is currently not registered on the Peppol network.

What is the enterprise number of Sinitex?

The enterprise number of Sinitex is BE0404161089.

When was Sinitex founded?

Sinitex was founded on 1 January 1968.

Who are the directors of Sinitex?

According to the 2025 annual accounts, the directors of Sinitex are: Olivier De Groote, Jean-Louis De Groote, Albert De Groote.

Is Sinitex a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Sinitex make in 2025?

Sinitex posted a profit after taxes of € 128,704 in financial year 2025.

What is the revenue of Sinitex?

As a small company, Sinitex is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 339,812.

How many employees does Sinitex have?

According to the 2025 annual accounts, Sinitex has 0 full-time equivalents (FTE).

Sinitex (Private Limited) - Sint-Lambrechts-Woluwe

Dossier Sinitex, printed on 29 October 2026 from databakkes.be/en/0404161089/sinitex. 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.

Tight liquidity NBB

Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

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

Financials

Financial year 2025

Sinitex from Sint-Lambrechts-Woluwe, company number BE0404161089, closed financial year 2025 with a result of € 128,704 after tax. For that financial year Sinitex recorded a gross margin of € 339,812 and equity of € 3 million. Compared with financial year 2024, the result moved from € -16,665 to € 128,704. Profitable, and profit is growing. 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 16, 2026.

What it is worth Growing

€ 3 million

▲ 4% vs 2024

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

Profit Growing

€ 128,704

▲ still € 16,665 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 793,318

▲ 11% 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 € 3 million.

People and assets in 2025

Full-time equivalents

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

Debts at end 2025

Bank debt ≈ 5 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.

€ 235,008

▼ 16% vs 2024

€ 45,159 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 40,025

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 50,953

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 680,511 Gross margin 2022: € 680,511 First fiscal year in the series	€ 273,091 Gross margin 2023: € 273,091 ▼ 60% vs 2022 (€ 680,511) Unfavourable step	€ 324,100 Gross margin 2024: € 324,100 ▲ 19% vs 2023 (€ 273,091) Favourable step	€ 339,812 Gross margin 2025: € 339,812 ▲ 5% vs 2024 (€ 324,100) Favourable step	▲ 5%
Profit after taxes	€ 412,035 Profit after taxes 2022: € 412,035 First fiscal year in the series	€ 141,783 Profit after taxes 2023: € 141,783 ▼ 66% vs 2022 (€ 412,035) Unfavourable step	€ -16,665 Profit after taxes 2024: € -16,665 ▼ € 158,448 vs 2023 (€ 141,783) Unfavourable step	€ 128,704 Profit after taxes 2025: € 128,704 ▲ € 145,369 vs 2024 (€ -16,665) Favourable step	▲ € 145,369
Equity	€ 5,259,143 Equity 2022: € 5,259,143 First fiscal year in the series	€ 5,400,926 Equity 2023: € 5,400,926 ▲ 3% vs 2022 (€ 5,259,143) Favourable step	€ 2,894,040 Equity 2024: € 2,894,040 ▼ 46% vs 2023 (€ 5,400,926) Unfavourable step	€ 3,022,745 Equity 2025: € 3,022,745 ▲ 4% vs 2024 (€ 2,894,040) Favourable step	▲ 4%
Total debts	€ 798,787 Total debts 2022: € 798,787 First fiscal year in the series	€ 840,522 Total debts 2023: € 840,522 ▲ 5% vs 2022 (€ 798,787) Unfavourable step	€ 3,330,928 Total debts 2024: € 3,330,928 ▲ 296% vs 2023 (€ 840,522) Unfavourable step	€ 3,212,232 Total debts 2025: € 3,212,232 ▼ 4% vs 2024 (€ 3,330,928) Favourable step	▼ 4%
Cash	€ 337,692 Cash 2022: € 337,692 First fiscal year in the series	€ 686,777 Cash 2023: € 686,777 ▲ 103% vs 2022 (€ 337,692) Favourable step	€ 714,187 Cash 2024: € 714,187 ▲ 4% vs 2023 (€ 686,777) Favourable step	€ 793,318 Cash 2025: € 793,318 ▲ 11% vs 2024 (€ 714,187) Favourable step	▲ 11%
Land & buildings	€ 1,849,293 Land & buildings 2022: € 1,849,293 First fiscal year in the series	€ 1,845,079 Land & buildings 2023: € 1,845,079 Unchanged (€ 1,849,293) Unchanged	€ 1,952,017 Land & buildings 2024: € 1,952,017 ▲ 6% vs 2023 (€ 1,845,079) Unchanged	€ 1,941,121 Land & buildings 2025: € 1,941,121 ▼ 1% vs 2024 (€ 1,952,017) Unchanged	▼ 1%
Retained profit	€ 5,197,643 Retained profit 2022: € 5,197,643 First fiscal year in the series	€ 5,339,426 Retained profit 2023: € 5,339,426 ▲ 3% vs 2022 (€ 5,197,643) Favourable step	€ 2,832,540 Retained profit 2024: € 2,832,540 ▼ 47% vs 2023 (€ 5,339,426) Unfavourable step	€ 2,961,245 Retained profit 2025: € 2,961,245 ▲ 5% vs 2024 (€ 2,832,540) Favourable step	▲ 5%
Dividend	€ 329,626 Dividend 2022: € 329,626 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 329,626) Unchanged	€ 2,490,221 Dividend 2024: € 2,490,221 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 2,490,221) Unchanged	▼ 100%
Bank debt	€ 367,277 Bank debt 2022: € 367,277 First fiscal year in the series	€ 322,686 Bank debt 2023: € 322,686 ▼ 12% vs 2022 (€ 367,277) Favourable step	€ 279,281 Bank debt 2024: € 279,281 ▼ 13% vs 2023 (€ 322,686) Favourable step	€ 235,008 Bank debt 2025: € 235,008 ▼ 16% vs 2024 (€ 279,281) Favourable step	▼ 16%
Balance sheet total	€ 6,405,223 Balance sheet total 2022: € 6,405,223 First fiscal year in the series	€ 6,563,180 Balance sheet total 2023: € 6,563,180 ▲ 2% vs 2022 (€ 6,405,223) Unchanged	€ 6,517,904 Balance sheet total 2024: € 6,517,904 ▼ 1% vs 2023 (€ 6,563,180) Unchanged	€ 6,497,297 Balance sheet total 2025: € 6,497,297 Unchanged (€ 6,517,904) Unchanged

Key figures of Sinitex, 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 Sinitex?

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

Jul 16, 2026 New annual accounts for financial year 2025: profit of € 128,704. Source: NBB ↗
2015 Olivier De Groote became a director. NBB
2015 Jean-Louis De Groote became a director. NBB
2015 Albert De Groote became a director. NBB
May 26, 1988 New establishment in Gent. KBO
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 412,035 profit in 2022 to € 128,704 profit in 2025.

Paid € 334,661 in corporate taxes since 2022.

Best year ever: 2022, with € 412,035 profit.

Paid out € 2.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Olivier De Groote Jean-Louis De Groote Albert De Groote

Sinitex

ETS. VAN DAMME - STEURBAUT

BLUE GREEN

Behind Sinitex are Olivier De Groote, Jean-Louis De Groote and Albert De Groote. Jean-Louis De Groote is also behind ETS. VAN DAMME - STEURBAUT and BLUE GREEN.

Directors

According to the 2025 annual accounts

Olivier De Groote

Director

since 2015

Jean-Louis De Groote

Director

Also active at: ETS. VAN DAMME - STEURBAUT, BLUE GREEN

since 2015

Albert De Groote

Director

since 2015

Establishments

Establishment units

Physical locations of this company

Registered office

Vergoteplein 13

1200 Sint-Lambrechts-Woluwe

2.038.189.833

Goudstraat 1 box L

9000 Gent

Active since 26 May 1988

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Acimo

€ -2,674 gross margin · 2025

Mazal

WELLDONE

€ 4,485 revenue · 2024

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

Details

Company number: 0404.161.089
VAT number: BE 0404.161.089
Registered office: Vergoteplein 13, 1200 Sint-Lambrechts-Woluwe
Names & denominations: Sinitex
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 1 January 1968
Peppol: Not registered
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

Sinitex

Warning lights

Financials

What happened to Sinitex?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions