SINACO is a property manager in Ukkel. Private Limited, started on 28 May 1986, 1 establishment.

What is the address of SINACO?

The registered office of SINACO is located at Waterloosesteenweg 1135, 1180 Ukkel.

Is SINACO still active?

No. The CBE lists SINACO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is SINACO registered on Peppol?

Yes, SINACO is registered on the Peppol network with ID 0208:0429095138.

What is the enterprise number of SINACO?

The enterprise number of SINACO is BE0429095138.

When was SINACO founded?

SINACO was founded on 28 May 1986.

Who are the directors of SINACO?

According to the 2024 annual accounts, the directors of SINACO are: MANAGEMENT GESTION ET SERVICES SRL.

Is SINACO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 28 May 1986; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did SINACO make in 2024?

SINACO recorded a loss after taxes of € 422,689 in financial year 2024.

What is the revenue of SINACO?

In its most recent annual accounts (2024), SINACO reported revenue of € 105,000.

SINACO (Private Limited) - Ukkel - BE0429095138

Dossier SINACO, printed on 29 October 2026 from databakkes.be/en/0429095138/sinaco. 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.

Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
Busy address KBO

58 other companies have their registered office at the same address; threshold 10.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2024

SINACO from Ukkel, company number BE0429095138, closed financial year 2024 with a result of € -422,689 after tax. For that financial year SINACO recorded revenue of € 105,000 and equity of € 787,450. Compared with financial year 2023, the result moved from € -273,929 to € -422,689. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.

What it is worth Healthy

€ 787,450

▼ 35% vs 2023

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

Loss Caution

€ -422,689

▼ 54 % more loss than in 2023

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 477,583.

Debts at end 2024

Bank debt

€ 3.5 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 33,551

▲ 10% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 457 days on average.

Taxes

€ 80,625

▲ 256% vs 2023

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)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 426,670 Revenue 2021: € 426,670 First fiscal year in the series	€ 14,960 Revenue 2022: € 14,960 ▼ 96% vs 2021 (€ 426,670) Unfavourable step	€ 14,950 Revenue 2023: € 14,950 Unchanged (€ 14,960) Unfavourable step	€ 105,000 Revenue 2024: € 105,000 ▲ € 90,050 vs 2023 (€ 14,950) Favourable step	▲ € 90,050
Profit after taxes	€ -502,121 Profit after taxes 2021: € -502,121 First fiscal year in the series	€ 705,480 Profit after taxes 2022: € 705,480 ▲ € 1.2 million vs 2021 (€ -502,121) Favourable step	€ -273,929 Profit after taxes 2023: € -273,929 ▼ € 979,409 vs 2022 (€ 705,480) Unfavourable step	€ -422,689 Profit after taxes 2024: € -422,689 ▼ € 148,759 vs 2023 (€ -273,929) Unfavourable step	▼ € 148,759
Equity	€ 778,588 Equity 2021: € 778,588 First fiscal year in the series	€ 1,484,068 Equity 2022: € 1,484,068 ▲ 91% vs 2021 (€ 778,588) Favourable step	€ 1,210,138 Equity 2023: € 1,210,138 ▼ 18% vs 2022 (€ 1,484,068) Unfavourable step	€ 787,450 Equity 2024: € 787,450 ▼ 35% vs 2023 (€ 1,210,138) Unfavourable step	▼ 35%
Total debts	€ 9,907,526 Total debts 2021: € 9,907,526 First fiscal year in the series	€ 7,945,068 Total debts 2022: € 7,945,068 ▼ 20% vs 2021 (€ 9,907,526) Favourable step	€ 8,331,870 Total debts 2023: € 8,331,870 ▲ 5% vs 2022 (€ 7,945,068) Unfavourable step	€ 8,948,203 Total debts 2024: € 8,948,203 ▲ 7% vs 2023 (€ 8,331,870) Unfavourable step	▲ 7%
Cash	-	€ 986 Cash 2022: € 986 First fiscal year in the series	€ 0 Cash 2023: € 0 ▼ 100% vs 2022 (€ 986) Unfavourable step	-
Land & buildings	€ 3,542,759 Land & buildings 2021: € 3,542,759 First fiscal year in the series	€ 104,226 Land & buildings 2022: € 104,226 ▼ 97% vs 2021 (€ 3,542,759) Unchanged	€ 110,134 Land & buildings 2023: € 110,134 ▲ 6% vs 2022 (€ 104,226) Unchanged	€ 109,776 Land & buildings 2024: € 109,776 Unchanged (€ 110,134) Unchanged
Retained profit	€ 468,721 Retained profit 2021: € 468,721 First fiscal year in the series	€ 1,174,201 Retained profit 2022: € 1,174,201 ▲ 151% vs 2021 (€ 468,721) Favourable step	€ 900,271 Retained profit 2023: € 900,271 ▼ 23% vs 2022 (€ 1,174,201) Unfavourable step	€ 477,583 Retained profit 2024: € 477,583 ▼ 47% vs 2023 (€ 900,271) Unfavourable step	▼ 47%
Bank debt	€ 6,850,207 Bank debt 2021: € 6,850,207 First fiscal year in the series	€ 7,538,431 Bank debt 2022: € 7,538,431 ▲ 10% vs 2021 (€ 6,850,207) Unfavourable step	€ 3,529,834 Bank debt 2023: € 3,529,834 ▼ 53% vs 2022 (€ 7,538,431) Favourable step	€ 3,534,797 Bank debt 2024: € 3,534,797 Unchanged (€ 3,529,834) Unfavourable step
Balance sheet total	€ 10,847,809 Balance sheet total 2021: € 10,847,809 First fiscal year in the series	€ 9,431,936 Balance sheet total 2022: € 9,431,936 ▼ 13% vs 2021 (€ 10,847,809) Unchanged	€ 9,542,009 Balance sheet total 2023: € 9,542,009 ▲ 1% vs 2022 (€ 9,431,936) Unchanged	€ 9,735,653 Balance sheet total 2024: € 9,735,653 ▲ 2% vs 2023 (€ 9,542,009) Unchanged	▲ 2%

Key figures of SINACO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to SINACO?

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

SINACO is active according to the CBE. Legal situation: Opening faillissement.

Dec 22, 2025 New annual accounts for financial year 2024: loss of € 422,689. filed late Source: NBB ↗
2024 MANAGEMENT GESTION ET SERVICES SRL became a director. NBB
Jul 16, 1986 New establishment in Ukkel. KBO
May 28, 1986 Start of the company according to the CBE. KBO

In short

From € 502,121 loss in 2021 to € 422,689 loss in 2024.

Paid € 301,790 in corporate taxes since 2021.

Best year ever: 2022, with € 705,480 profit.

Original PDFs at the National Bank ↗

Management

LOUISE VILLAGE SA 100%

SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE 0%

The stake of LOUISE VILLAGE SA, SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SINACO

GROUPE GH 11.3%

Behind SINACO is MANAGEMENT GESTION ET SERVICES SRL. The shares are held by LOUISE VILLAGE SA (100%) and SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE (0%). It owns 11.3% of GROUPE GH itself.

Directors

According to the 2024 annual accounts

MANAGEMENT GESTION ET SERVICES SRL

Director · represented by Gérald HIBERT

Also active at: Immobilière de la Toison d'Or, Société d'Etudes et de Réalisations de la Galerie Louise, SOFONA, Immobilière Cordier, AGRIFOR, IMMOBILIERE CHAMBERY, FAVOS, IMMOBILIERE ET FINANCIERE PIERRE ALEXANDRE +35 more

since 2024

Shareholders

LOUISE VILLAGE SA

100%

SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE

Participations

GROUPE GH

11.3%

Establishments

Establishment units

Physical locations of this company

Registered office

Waterloosesteenweg 1135

1180 Ukkel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.

All companies at this address →

Immobilière de la Toison d'Or same network

€ 1.4 million revenue · 2024

Société d'Etudes et de Réalisations de la Galerie Louise same network

€ 254,653 revenue · 2024

SOFONA same network

€ 2.4 million revenue · 2024

Immobilière Cordier same network

€ 99,592 gross margin · 2024

AGRIFOR same network

€ 652,273 gross margin · 2024

+53 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

0429.095.138

VAT number

BE 0429.095.138

Registered office

Waterloosesteenweg 1135, 1180 Ukkel

Names & denominations

SINACO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

28 May 1986

Peppol

Active · Active since 11 Jan 2026

Activities · NACE

Activiteiten van syndici van onroerend goed

Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

SINACO

Warning lights

Financials

What happened to SINACO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions