Financials
Financial year 2025
SIFACO GROUP from Manage, company number BE0419749583, closed financial year 2025 with a result of € 14.9 million after tax. For that financial year SIFACO GROUP recorded revenue of € 35 million and equity of € 25.5 million. Compared with financial year 2024, the result moved from € 15.5 million to € 14.9 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 20, 2026.
€ 25.5 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14.9 million
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 5.5 million
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14.8 million paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
41
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▼ 8% vs 2024
€ 79,600 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.
€ 446,830
▲ 212% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 71,441
▼ 88% vs 2024
Loans from banks and other lenders, long and short.
€ 791,675
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 868,520
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,355,092 | € 35,491,734 | € 36,031,378 | € 34,983,458 | ▼ 3% |
| Profit after taxes | € 8,618,490 | € 15,041,647 | € 15,529,459 | € 14,903,152 | ▼ 4% |
| Equity | € 24,573,711 | € 24,934,108 | € 25,052,492 | € 25,514,642 | ▲ 2% |
| Total debts | € 10,163,178 | € 11,512,712 | € 12,846,337 | € 11,801,048 | ▼ 8% |
| Cash | € 6,562,599 | € 2,712,721 | € 4,458,654 | € 5,481,466 | ▲ 23% |
| Land & buildings | € 3,279,392 | € 2,926,004 | € 2,755,586 | € 2,582,032 | ▼ 6% |
| Retained profit | € 5,734,711 | € 6,179,858 | € 6,382,992 | € 6,492,392 | ▲ 2% |
| Dividend | € 12,441,450 | € 14,596,500 | € 15,326,325 | € 14,793,750 | ▼ 3% |
| Bank debt | € 1,682,864 | € 1,145,723 | € 608,582 | € 71,441 | ▼ 88% |
| Balance sheet total | € 34,736,889 | € 36,446,820 | € 37,898,829 | € 37,865,691 | |
| Employees (FTE) | 45.8 | 44.1 | 42.5 | 41 | ▼ 1.5 |
Key figures of SIFACO GROUP, 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 SIFACO GROUP?
What happened at SIFACO GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- David MORTON stepped down as director. NBB
- SIGECO SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 14.9 million (▼ 4% vs 2024). Source: NBB ↗
- Thierry PARISOT stepped down as director. NBB
- Julia BENTCHIKOU stepped down as director. NBB
- THICAR CONSULTING SRL stepped down as director. NBB
- SIGECO SA became a director. NBB
- David MORTON became a director. NBB
In short
From € 8.6 million profit in 2022 to € 14.9 million profit in 2025.
Paid € 19.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 15.5 million profit.
Paid out € 57.2 million in dividends to the owners in total.
Management
The stake of SFB CAPITAL, SFF CAPITAL, JULA, KAYEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SIFACO GROUPThe shares are held by SFB CAPITAL (41.5%), SFF CAPITAL (19.7%), JULA (14.6%) and KAYEN (14.2%). It owns 100% of MAKLA DISTRIBUTION FRANCE itself.
Directors
According to the 2025 annual accounts
David MORTON
Director, Managing director
since 2021 · until 2028
Thierry PARISOT
Managing director, Chairman of the board
Also active at: THICAR CONSULTING, SFB CAPITAL, KAYEN, GESTION FAMILLE PARISOT, TAMVI
since 2017 · until 2026
Director · represented by Charles-Antoine BODSON
since 2022 · until 2028
Julia BENTCHIKOU
Director
since 2020 · until 2026
Director · represented by Thierry PARISOT
since 2020 · until 2026
Shareholders
Participations
MAKLA DISTRIBUTION FRANCE
100%
Establishments
Establishment units
Physical locations of this company
Rue Jean Perrin 1
7170 Manage
rue du Chenia 12
7170 Manage
Active since 1 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0419.749.583
- VAT number
- BE 0419.749.583
- Registered office
- Rue Jean Perrin 1, 7170 Manage
- Names & denominations
- SIFACO GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 1979
- Peppol
- Active · Active since 30 Jun 2025
- Activities · NACE
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