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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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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
Sic et Co from Boortmeerbeek, company number BE0420992965, closed financial year 2025 with a result of € 108,173 after tax. For that financial year Sic et Co recorded a gross margin of € 281,961 and equity of € 254,379. Compared with financial year 2024, the result moved from € 2,684 to € 108,173. 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 August 10, 2026.
€ 254,379
▲ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,173
▲ € 105,489 vs 2024
Profit after tax over the fiscal year.
€ 2,008
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 192,406.
People and assets in 2025
€ 30,475
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 34,001
▼ 59% vs 2024
€ 9,112 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 356
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 365,860 | € 7,740 | € 36,674 | € 281,961 | ▲ € 245,287 |
| Profit after taxes | € 173,179 | € -34,786 | € 2,684 | € 108,173 | ▲ € 105,489 |
| Equity | € 178,308 | € 143,522 | € 146,206 | € 254,379 | ▲ 74% |
| Total debts | € 184,816 | € 262,033 | € 242,665 | € 470,523 | ▲ 94% |
| Cash | € 24,336 | € 34,920 | € 43,537 | € 2,008 | ▼ 95% |
| Land & buildings | € 401,259 | € 377,612 | € 369,843 | € 847,479 | ▲ 129% |
| Retained profit | € 116,335 | € 81,549 | € 84,233 | € 192,406 | ▲ 128% |
| Bank debt | € 86,734 | € 101,494 | € 83,348 | € 34,001 | ▼ 59% |
| Balance sheet total | € 451,273 | € 493,704 | € 477,020 | € 885,542 | ▲ 86% |
Key figures of Sic et Co, 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 Sic et Co?
What happened at Sic et Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tom Vanleenhove stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 108,173 (▲ € 105,489 vs 2024). filed late Source: NBB ↗
- Jean-Luc Vanleenhove stepped down as director. NBB
- Tom Vanleenhove became a director. NBB
- Jean-Luc Vanleenhove became a director. NBB
- New establishment in Boortmeerbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 173,179 profit in 2022 to € 108,173 profit in 2025.
Paid € 18 in corporate taxes since 2022.
Best year ever: 2022, with € 173,179 profit.
Management
Directors
According to the 2025 annual accounts
Jean-Luc Vanleenhove
Managing director
since 2022 · until 2025
Tom Vanleenhove
Managing director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Zwartebeekdreef 3
3191 Boortmeerbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.992.965
- VAT number
- BE 0420.992.965
- Registered office
- Zwartebeekdreef 3, 3191 Boortmeerbeek
- Names & denominations
- Sic et Co
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 November 1980
- Peppol
- Not registered