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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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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
SILMACO from Lanaken, company number BE0432069870, closed financial year 2025 with a result of € 4 million after tax. For that financial year SILMACO recorded revenue of € 27.5 million and equity of € 32.9 million. Compared with financial year 2024, the result moved from € 5.4 million to € 4 million. 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 December 4, 2025.
€ 32.9 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4 million
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 6.2 million
▲ 114% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 700,000 paid out
17 % of the profit went to the shareholders, mostly to SMG Group (100 % of the shares). That is where the money ends up.
People and assets in 2025
40.2
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▲ 3% vs 2024
€ 81,100 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.
€ 115,911
▲ 70% vs 2024
Of which on lease € 0.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.4 million
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 512,197
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 30,563,595 | € 35,738,679 | € 27,509,727 | € 27,477,466 | |
| Profit after taxes | € 6,567,835 | € 5,284,765 | € 5,433,547 | € 4,001,463 | ▼ 26% |
| Equity | € 20,345,837 | € 24,926,744 | € 29,656,433 | € 32,904,038 | ▲ 11% |
| Total debts | € 6,146,861 | € 4,522,041 | € 3,820,871 | € 3,956,169 | ▲ 4% |
| Cash | € 6,078,415 | € 2,954,015 | € 2,890,889 | € 6,195,049 | ▲ 114% |
| Land & buildings | € 760,522 | € 861,747 | € 764,036 | € 2,379,011 | ▲ 211% |
| Retained profit | € 19,213,347 | € 23,798,112 | € 28,531,659 | € 31,783,122 | ▲ 11% |
| Dividend | € 700,000 | € 700,000 | € 700,000 | € 700,000 | |
| Bank debt | € 42,399 | € 22,069 | € 0 | € 0 | |
| Balance sheet total | € 27,960,916 | € 29,448,785 | € 33,477,304 | € 36,860,206 | ▲ 10% |
| Employees (FTE) | 37.7 | 38.7 | 38.5 | 40.2 | ▲ 1.7 |
Key figures of SILMACO, 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 January 2027.
What happened to SILMACO?
What happened at SILMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4 million (▼ 26% vs 2024). Source: NBB ↗
- Think2act Partners became a director. NBB
- SMG Group became a director. NBB
- New establishment in Lanaken. KBO
- Start of the company according to the CBE. KBO
In short
From € 6.6 million profit in 2022 to € 4 million profit in 2025.
Paid € 3.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 6.6 million profit.
Paid out € 2.8 million in dividends to the owners in total.
Management
The stake of SMG Group, TREMON HOLDING, KIMON - INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SILMACOBehind SILMACO are SMG Group and Think2act Partners. The shares are held by SMG Group (100%), TREMON HOLDING (75%) and KIMON - INVEST (25%).
Directors
According to the 2025 annual accounts
Managing director · represented by Machiels HEIDI
Owns 25% via KIMON - INVEST
Also active at: KIMON - INVEST
since 2020
Director · represented by Breesch JO
Also active at: TR INVEST, Think2Act Investment Fund, ELSACY, PFSIC, SMG Group, Trihold, VPIV, Valpeo Holding +6 more
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 90
3620 Lanaken
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.069.870
- VAT number
- BE 0432.069.870
- Registered office
- Industrieweg 90, 3620 Lanaken
- Names & denominations
- SILMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 1987
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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