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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SIPI from Maldegem, company number BE0421251697, closed financial year 2025 with a result of € -6,881 after tax. For that financial year SIPI recorded a gross margin of € -5,872 and equity of € 31,631. Compared with financial year 2024, the result moved from € -16,275 to € -6,881. 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 June 8, 2026.
€ 31,631
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,881
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,583
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 13,031.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,083 | € -13,488 | € -11,809 | € -5,872 | ▲ € 5,937 |
| Profit after taxes | € 6,546 | € -17,219 | € -16,275 | € -6,881 | ▲ € 9,393 |
| Equity | € 72,006 | € 54,787 | € 38,512 | € 31,631 | ▼ 18% |
| Total debts | € 20,070 | € 24,455 | € 40,710 | € 49,771 | ▲ 22% |
| Cash | € 15,257 | € 2,423 | € 2,403 | € 4,583 | ▲ 91% |
| Land & buildings | € 76,818 | € 76,818 | € 76,818 | € 76,818 | |
| Retained profit | € 53,406 | € 36,187 | € 19,912 | € 13,031 | ▼ 35% |
| Balance sheet total | € 92,075 | € 79,241 | € 79,222 | € 81,401 | ▲ 3% |
Key figures of SIPI, 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 SIPI?
What happened at SIPI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,881. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Knokke-Heist. KBO
In short
From € 6,546 profit in 2022 to € 6,881 loss in 2025.
Best year ever: 2022, with € 6,546 profit.
Establishments
Establishment units
Physical locations of this company
Noordstraat 101
9990 Maldegem
Platanen 30
8300 Knokke-Heist
Active since 1 January 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0421.251.697
- VAT number
- BE 0421.251.697
- Registered office
- Noordstraat 101, 9990 Maldegem
- Names & denominations
- SIPI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 1981
- Peppol
- Active · Active since 21 Oct 2026