SIDEC is registered with the CBE as active in: Vervaardiging van verf, vernis ed, drukinkt en mastiek. Public Limited, started on 21 August 1986, 1 establishment.

What is the address of SIDEC?

The registered office of SIDEC is located at Industrieweg 10, 2490 Balen.

Is SIDEC still active?

Yes. According to the CBE (29 October 2026) SIDEC is active, legal situation “Normale toestand”, started on 21 August 1986.

Is SIDEC registered on Peppol?

Yes, SIDEC is registered on the Peppol network with ID 0208:0429294581.

What is the enterprise number of SIDEC?

The enterprise number of SIDEC is BE0429294581.

When was SIDEC founded?

SIDEC was founded on 21 August 1986.

Who are the directors of SIDEC?

According to the 2025 annual accounts, the directors of SIDEC are: SIDEC HOLDING BV, Guido Donckers, Griet Donckers.

Is SIDEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 August 1986; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did SIDEC make in 2025?

SIDEC posted a profit after taxes of € 343,341 in financial year 2025.

What is the revenue of SIDEC?

As a small company, SIDEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,626,426.

How much does an employee at SIDEC earn?

The average wage cost per full-time employee at SIDEC was € 84,700 in 2025: staff costs of € 2.5 million for 30.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SIDEC have?

According to the 2025 annual accounts, SIDEC has 30.1 full-time equivalents (FTE).

SIDEC (Public Limited) - Balen - BE0429294581

Dossier SIDEC, printed on 29 October 2026 from databakkes.be/en/0429294581/sidec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SIDEC from Balen, company number BE0429294581, closed financial year 2025 with a result of € 343,341 after tax. For that financial year SIDEC recorded a gross margin of € 3.6 million and equity of € 5 million. Compared with financial year 2024, the result moved from € 392,957 to € 343,341. 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 24, 2026.

What it is worth Growing

€ 5 million

▲ 7% vs 2024

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

Profit Healthy

€ 343,341

▼ 13% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 765,335

▲ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 26,085 paid out

8 % of the profit went to the shareholders, mostly to Sidec Holding (68 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

30.1

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.5 million

▲ 8% vs 2024

€ 84,700 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.

Vehicles and equipment

€ 1.3 million

▲ 34% vs 2024

Of which on lease € 763,666.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.7 million

▼ 31% vs 2024

€ 370,190 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 831,204

▲ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 392,250

▲ 13% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 9,866,960 Revenue 2023: € 9,866,960 First fiscal year in the series	-	-
Gross margin	€ 2,544,673 Gross margin 2022: € 2,544,673 First fiscal year in the series	-	€ 3,440,983 Gross margin 2024: € 3,440,983 First fiscal year in the series	€ 3,626,426 Gross margin 2025: € 3,626,426 ▲ 5% vs 2024 (€ 3,440,983) Favourable step	▲ 5%
Profit after taxes	€ -94,688 Profit after taxes 2022: € -94,688 First fiscal year in the series	€ 876,491 Profit after taxes 2023: € 876,491 ▲ € 971,179 vs 2022 (€ -94,688) Favourable step	€ 392,957 Profit after taxes 2024: € 392,957 ▼ 55% vs 2023 (€ 876,491) Unfavourable step	€ 343,341 Profit after taxes 2025: € 343,341 ▼ 13% vs 2024 (€ 392,957) Unfavourable step	▼ 13%
Equity	€ 3,543,628 Equity 2022: € 3,543,628 First fiscal year in the series	€ 4,304,124 Equity 2023: € 4,304,124 ▲ 21% vs 2022 (€ 3,543,628) Favourable step	€ 4,665,961 Equity 2024: € 4,665,961 ▲ 8% vs 2023 (€ 4,304,124) Favourable step	€ 4,983,217 Equity 2025: € 4,983,217 ▲ 7% vs 2024 (€ 4,665,961) Favourable step	▲ 7%
Total debts	€ 3,992,116 Total debts 2022: € 3,992,116 First fiscal year in the series	€ 4,122,586 Total debts 2023: € 4,122,586 ▲ 3% vs 2022 (€ 3,992,116) Unfavourable step	€ 3,444,586 Total debts 2024: € 3,444,586 ▼ 16% vs 2023 (€ 4,122,586) Favourable step	€ 3,000,251 Total debts 2025: € 3,000,251 ▼ 13% vs 2024 (€ 3,444,586) Favourable step	▼ 13%
Cash	€ 859,674 Cash 2022: € 859,674 First fiscal year in the series	€ 350,395 Cash 2023: € 350,395 ▼ 59% vs 2022 (€ 859,674) Unfavourable step	€ 606,857 Cash 2024: € 606,857 ▲ 73% vs 2023 (€ 350,395) Favourable step	€ 765,335 Cash 2025: € 765,335 ▲ 26% vs 2024 (€ 606,857) Favourable step	▲ 26%
Land & buildings	€ 1,445,860 Land & buildings 2022: € 1,445,860 First fiscal year in the series	€ 1,506,525 Land & buildings 2023: € 1,506,525 ▲ 4% vs 2022 (€ 1,445,860) Unchanged	€ 1,465,205 Land & buildings 2024: € 1,465,205 ▼ 3% vs 2023 (€ 1,506,525) Unchanged	€ 1,646,222 Land & buildings 2025: € 1,646,222 ▲ 12% vs 2024 (€ 1,465,205) Unchanged	▲ 12%
Retained profit	€ 3,443,628 Retained profit 2022: € 3,443,628 First fiscal year in the series	€ 4,204,124 Retained profit 2023: € 4,204,124 ▲ 22% vs 2022 (€ 3,443,628) Favourable step	€ 4,565,961 Retained profit 2024: € 4,565,961 ▲ 9% vs 2023 (€ 4,204,124) Favourable step	€ 4,883,217 Retained profit 2025: € 4,883,217 ▲ 7% vs 2024 (€ 4,565,961) Favourable step	▲ 7%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 115,995 Dividend 2023: € 115,995 Unchanged (€ 0) Unchanged	€ 29,770 Dividend 2024: € 29,770 ▼ 74% vs 2023 (€ 115,995) Unchanged	€ 26,085 Dividend 2025: € 26,085 ▼ 12% vs 2024 (€ 29,770) Unchanged	▼ 12%
Bank debt	€ 3,267,556 Bank debt 2022: € 3,267,556 First fiscal year in the series	€ 3,215,298 Bank debt 2023: € 3,215,298 ▼ 2% vs 2022 (€ 3,267,556) Favourable step	€ 2,433,221 Bank debt 2024: € 2,433,221 ▼ 24% vs 2023 (€ 3,215,298) Favourable step	€ 1,682,988 Bank debt 2025: € 1,682,988 ▼ 31% vs 2024 (€ 2,433,221) Favourable step	▼ 31%
Balance sheet total	€ 7,683,303 Balance sheet total 2022: € 7,683,303 First fiscal year in the series	€ 8,531,967 Balance sheet total 2023: € 8,531,967 ▲ 11% vs 2022 (€ 7,683,303) Unchanged	€ 8,217,061 Balance sheet total 2024: € 8,217,061 ▼ 4% vs 2023 (€ 8,531,967) Unchanged	€ 8,035,525 Balance sheet total 2025: € 8,035,525 ▼ 2% vs 2024 (€ 8,217,061) Unchanged	▼ 2%
Employees (FTE)	27 Employees (FTE) 2022: 27 First fiscal year in the series	26.5 Employees (FTE) 2023: 26.5 ▼ 0.5 vs 2022 (27) Unchanged	30.3 Employees (FTE) 2024: 30.3 ▲ 3.8 vs 2023 (26.5) Unchanged	30.1 Employees (FTE) 2025: 30.1 ▼ 0.2 vs 2024 (30.3) Unchanged	▼ 0.2

Key figures of SIDEC, 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 SIDEC?

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

2029 SIDEC HOLDING BV stepped down as director. NBB
2029 Guido Donckers stepped down as director. NBB
2029 Griet Donckers stepped down as director. NBB
Jul 24, 2026 New annual accounts for financial year 2025: profit of € 343,341 (▼ 13% vs 2024). Source: NBB ↗
2024 Griet Donckers became a director. NBB
2023 SIDEC HOLDING BV became a director. NBB
2023 Guido Donckers became a director. NBB
Sep 8, 1986 New establishment in Balen. KBO

In short

From € 94,688 loss in 2022 to € 343,341 profit in 2025.

Paid € 14,807 in corporate taxes since 2022.

Best year ever: 2023, with € 876,491 profit.

On average € 120,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Sidec Holding 67.7%

The stake of Sidec Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SIDEC

The shares are held by Sidec Holding (67.7%).

Directors

According to the 2025 annual accounts

SIDEC HOLDING BV

Managing director · represented by Yves Jonckers

since 2023 · until 2029

Guido Donckers

Director

since 2023 · until 2029

Griet Donckers

Director

since 2024 · until 2029

Shareholders

Sidec Holding

67.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industrieweg 10

2490 Balen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Sidec Holding same network

€ 465,999 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0429.294.581

VAT number

BE 0429.294.581

Registered office

Industrieweg 10, 2490 Balen

Names & denominations

SIDEC

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 August 1986

Peppol

Active · Active since 25 Jul 2025

Activities · NACE

Vervaardiging van verf, vernis ed, drukinkt en mastiek

Vervaardiging van verf, vernis e.d., drukinkt en mastiek

Vervaardiging van kunststofelementen voor de bouw

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Groothandel in bouwmaterialen, algemeen assortiment

Vervaardiging van kunststofartikelen voor de bouw

View on CBE Public ↗ Annual accounts (NBB) ↗

SIDEC

Financials

What happened to SIDEC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions