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 2023 and 2025.
Financials
Financial year 2025
SIDICO from Koekelberg, company number BE0430451257, closed financial year 2025 with a result of € -43,414 after tax. For that financial year SIDICO recorded a gross margin of € 5.6 million and equity of € 462,943. Compared with financial year 2023, the result moved from € -195,408 to € -43,414. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 4, 2025.
€ 462,943
▼ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,414
▲ 78 % less loss than in 2023
Profit after tax over the fiscal year.
€ 246,955
▲ 29% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 400,943.
People and assets in 2025
59.9
▲ 4.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 5.2 million
▲ 90% vs 2023
€ 87,100 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.
€ 3,346
▼ 88% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 205,276
▲ 25% vs 2023
Loans from banks and other lenders, long and short.
€ 812,418
▲ 29% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 304,545
▼ 34% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,397,420 | € 2,721,026 | € 2,692,522 | € 5,643,507 | ▲ 110% |
| Profit after taxes | € 137,997 | € -115,531 | € -195,408 | € -43,414 | ▲ € 151,994 |
| Equity | € 506,293 | € 860,860 | € 506,357 | € 462,943 | ▼ 9% |
| Total debts | € 1,141,038 | € 1,140,717 | € 1,257,913 | € 1,402,239 | ▲ 11% |
| Cash | € 486,342 | € 124,984 | € 191,725 | € 246,955 | ▲ 29% |
| Land & buildings | € 31,500 | € 139,038 | € 157,911 | € 146,062 | ▼ 8% |
| Retained profit | € 423,748 | € 788,280 | € 444,357 | € 400,943 | ▼ 10% |
| Dividend | € 80,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 163,368 | € 238,501 | € 164,505 | € 205,276 | ▲ 25% |
| Balance sheet total | € 1,647,331 | € 2,001,577 | € 1,887,496 | € 1,963,121 | ▲ 4% |
| Employees (FTE) | 52.5 | 51.4 | 55 | 59.9 | ▲ 4.9 |
Key figures of SIDICO, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SIDICO?
What happened at SIDICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Colette Sirre stepped down as director. NBB
- Deborah Mendlicki stepped down as director. NBB
- Codemi SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 43,414. Source: NBB ↗
- Colette Sirre became a director. NBB
- Deborah Mendlicki became a director. NBB
- Codemi SRL became a director. NBB
- New establishment in Ganshoren. KBO
In short
From € 137,997 profit in 2021 to € 43,414 loss in 2025.
Paid € 214,167 in corporate taxes since 2021.
Best year ever: 2021, with € 137,997 profit.
On average € 94,200 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Emile Bossaertlaan 2
1081 Koekelberg
Dendermondsestraat 210
1083 Ganshoren
Active since 1 November 2016
Koningin Astridplein 9
1090 Jette
Active since 1 October 2008
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
- 0430.451.257
- VAT number
- BE 0430.451.257
- Registered office
- Emile Bossaertlaan 2, 1081 Koekelberg
- Names & denominations
- SIDICO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 1987
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen