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 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SICIL-SEEDLING from Merelbeke-Melle, company number BE0426631437, closed financial year 2025 with a result of € 3,838 after tax. For that financial year SICIL-SEEDLING recorded a gross margin of € 45,208 and equity of € 242,766. Compared with financial year 2024, the result moved from € 2,654 to € 3,838. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 242,766
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,838
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 28,686
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 59,509 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 68
▼ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 322,670
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,085
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,203 | € 92,187 | € 53,181 | € 45,208 | ▼ 15% |
| Profit after taxes | € 4,843 | € 29,136 | € 2,654 | € 3,838 | ▲ 45% |
| Equity | € 266,648 | € 295,784 | € 298,437 | € 242,766 | ▼ 19% |
| Total debts | € 926,767 | € 688,968 | € 799,309 | € 795,121 | ▼ 1% |
| Cash | € 64,689 | € 11,269 | € 18,787 | € 28,686 | ▲ 53% |
| Retained profit | € 234,148 | € 263,284 | € 265,937 | € 210,266 | ▼ 21% |
| Dividend | € 0 | € 0 | € 0 | € 59,509 | |
| Balance sheet total | € 1,193,415 | € 984,752 | € 1,097,747 | € 1,037,887 | ▼ 5% |
Key figures of SICIL-SEEDLING, 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 SICIL-SEEDLING?
What happened at SICIL-SEEDLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,838 (▲ 45% vs 2024). Source: NBB ↗
- Marcus, Georges Pyck became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,843 profit in 2022 to € 3,838 profit in 2025.
Paid € 34,168 in corporate taxes since 2022.
Best year ever: 2023, with € 29,136 profit.
Paid out € 59,509 in dividends to the owners in total.
Management
Behind SICIL-SEEDLING is Marcus, Georges Pyck. Marcus, Georges Pyck is also behind PYCK MARC.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 101B box 204
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Medizorg
€ 22.2 million revenue · 2026
CORENT
€ 1.5 million gross margin · 2025
PYCK MARC same network
€ -11,415 gross margin · 2025
COVENT
€ -15,063 gross margin · 2025
COVIMMO
€ -10,009 gross margin · 2026
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.631.437
- VAT number
- BE 0426.631.437
- Registered office
- Hundelgemsesteenweg 101B bus 204, 9820 Merelbeke-Melle
- Names & denominations
- SICIL-SEEDLING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 1984
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Handelsbemiddeling in voedings- en genotmiddelen