SICO is registered with the CBE as active in: Vervaardiging van verf, vernis ed, drukinkt en mastiek. Public Limited, started on 11 August 1989, 1 establishment.

What is the address of SICO?

The registered office of SICO is located at Koeweidestraat 27, 1785 Merchtem.

Is SICO still active?

Yes. According to the CBE (29 October 2026) SICO is active, legal situation “Normale toestand”, started on 11 August 1989.

Is SICO registered on Peppol?

Yes, SICO is registered on the Peppol network with ID 0208:0438082583.

What is the enterprise number of SICO?

The enterprise number of SICO is BE0438082583.

When was SICO founded?

SICO was founded on 11 August 1989.

Who are the directors of SICO?

According to the 2025 annual accounts, the directors of SICO are: Steve VAN VAERENBERG, Evy VAN VAERENBERGH, Sophie DE BAERDEMAEKER, Gilbert VAN VAERENBERGH.

Is SICO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 August 1989; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did SICO make in 2025?

SICO posted a profit after taxes of € 248,828 in financial year 2025.

What is the revenue of SICO?

As a small company, SICO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,333,977.

How much does an employee at SICO earn?

The average wage cost per full-time employee at SICO was € 60,000 in 2025: staff costs of € 894,659 for 14.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SICO have?

According to the 2025 annual accounts, SICO has 14.9 full-time equivalents (FTE).

Does SICO have a website?

Yes, SICO has a website at sico-inks.com.

SICO (Public Limited) - Merchtem - BE0438082583

Dossier SICO, printed on 29 October 2026 from databakkes.be/en/0438082583/sico. 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.

Shrinking team NBB

FTE fell two years in a row, from 18.4 to 14.9.

Financials

Financial year 2025

SICO from Merchtem, company number BE0438082583, closed financial year 2025 with a result of € 248,828 after tax. For that financial year SICO recorded a gross margin of € 1.3 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 62,066 to € 248,828. Profitable, and profit is growing. 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 9, 2026.

What it is worth Growing

€ 2.1 million

▲ 9% vs 2024

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

Profit Growing

€ 248,828

▲ € 186,761 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 322,896

▲ 16% vs 2024

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

Where the profit goes Pays out

€ 70,000 paid out

28 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

14.9

▼ 1.9 vs 2024

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

Wage cost

€ 894,659

▼ 11% vs 2024

€ 60,000 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

€ 21,845

▲ 43% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 113,585

▼ 28% vs 2024

€ 44,817 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 196,966

▲ 36% vs 2024

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

Taxes and wages

€ 127,385

▲ 15% 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
Gross margin	€ 1,287,069 Gross margin 2022: € 1,287,069 First fiscal year in the series	€ 1,257,768 Gross margin 2023: € 1,257,768 ▼ 2% vs 2022 (€ 1,287,069) Unfavourable step	€ 1,161,858 Gross margin 2024: € 1,161,858 ▼ 8% vs 2023 (€ 1,257,768) Unfavourable step	€ 1,333,977 Gross margin 2025: € 1,333,977 ▲ 15% vs 2024 (€ 1,161,858) Favourable step	▲ 15%
Profit after taxes	€ 81,570 Profit after taxes 2022: € 81,570 First fiscal year in the series	€ 23,723 Profit after taxes 2023: € 23,723 ▼ 71% vs 2022 (€ 81,570) Unfavourable step	€ 62,066 Profit after taxes 2024: € 62,066 ▲ 162% vs 2023 (€ 23,723) Favourable step	€ 248,828 Profit after taxes 2025: € 248,828 ▲ € 186,761 vs 2024 (€ 62,066) Favourable step	▲ € 186,761
Equity	€ 1,867,321 Equity 2022: € 1,867,321 First fiscal year in the series	€ 1,841,044 Equity 2023: € 1,841,044 ▼ 1% vs 2022 (€ 1,867,321) Unfavourable step	€ 1,903,110 Equity 2024: € 1,903,110 ▲ 3% vs 2023 (€ 1,841,044) Favourable step	€ 2,081,938 Equity 2025: € 2,081,938 ▲ 9% vs 2024 (€ 1,903,110) Favourable step	▲ 9%
Total debts	€ 684,102 Total debts 2022: € 684,102 First fiscal year in the series	€ 572,958 Total debts 2023: € 572,958 ▼ 16% vs 2022 (€ 684,102) Favourable step	€ 415,724 Total debts 2024: € 415,724 ▼ 27% vs 2023 (€ 572,958) Favourable step	€ 439,730 Total debts 2025: € 439,730 ▲ 6% vs 2024 (€ 415,724) Unfavourable step	▲ 6%
Cash	€ 420,405 Cash 2022: € 420,405 First fiscal year in the series	€ 244,325 Cash 2023: € 244,325 ▼ 42% vs 2022 (€ 420,405) Unfavourable step	€ 278,324 Cash 2024: € 278,324 ▲ 14% vs 2023 (€ 244,325) Favourable step	€ 322,896 Cash 2025: € 322,896 ▲ 16% vs 2024 (€ 278,324) Favourable step	▲ 16%
Land & buildings	€ 623,795 Land & buildings 2022: € 623,795 First fiscal year in the series	€ 568,112 Land & buildings 2023: € 568,112 ▼ 9% vs 2022 (€ 623,795) Unchanged	€ 507,912 Land & buildings 2024: € 507,912 ▼ 11% vs 2023 (€ 568,112) Unchanged	€ 448,704 Land & buildings 2025: € 448,704 ▼ 12% vs 2024 (€ 507,912) Unchanged	▼ 12%
Retained profit	€ 1,792,321 Retained profit 2022: € 1,792,321 First fiscal year in the series	€ 1,766,044 Retained profit 2023: € 1,766,044 ▼ 1% vs 2022 (€ 1,792,321) Unfavourable step	€ 1,828,110 Retained profit 2024: € 1,828,110 ▲ 4% vs 2023 (€ 1,766,044) Favourable step	€ 2,006,938 Retained profit 2025: € 2,006,938 ▲ 10% vs 2024 (€ 1,828,110) Favourable step	▲ 10%
Dividend	€ 145,000 Dividend 2022: € 145,000 First fiscal year in the series	€ 50,000 Dividend 2023: € 50,000 ▼ 66% vs 2022 (€ 145,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 50,000) Unchanged	€ 70,000 Dividend 2025: € 70,000 Unchanged (€ 0) Unchanged
Bank debt	€ 260,752 Bank debt 2022: € 260,752 First fiscal year in the series	€ 207,618 Bank debt 2023: € 207,618 ▼ 20% vs 2022 (€ 260,752) Favourable step	€ 157,596 Bank debt 2024: € 157,596 ▼ 24% vs 2023 (€ 207,618) Favourable step	€ 113,585 Bank debt 2025: € 113,585 ▼ 28% vs 2024 (€ 157,596) Favourable step	▼ 28%
Balance sheet total	€ 2,551,422 Balance sheet total 2022: € 2,551,422 First fiscal year in the series	€ 2,414,002 Balance sheet total 2023: € 2,414,002 ▼ 5% vs 2022 (€ 2,551,422) Unchanged	€ 2,318,833 Balance sheet total 2024: € 2,318,833 ▼ 4% vs 2023 (€ 2,414,002) Unchanged	€ 2,521,668 Balance sheet total 2025: € 2,521,668 ▲ 9% vs 2024 (€ 2,318,833) Unchanged	▲ 9%
Employees (FTE)	18.4 Employees (FTE) 2022: 18.4 First fiscal year in the series	18.4 Employees (FTE) 2023: 18.4 Unchanged (18.4) Unchanged	16.8 Employees (FTE) 2024: 16.8 ▼ 1.6 vs 2023 (18.4) Unchanged	14.9 Employees (FTE) 2025: 14.9 ▼ 1.9 vs 2024 (16.8) Unchanged	▼ 1.9

Key figures of SICO, 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 SICO?

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

2029 Steve VAN VAERENBERG stepped down as director. NBB
2029 Evy VAN VAERENBERGH stepped down as director. NBB
2029 Sophie DE BAERDEMAEKER stepped down as director. NBB
2029 Gilbert VAN VAERENBERGH stepped down as director. NBB
Jul 9, 2026 New annual accounts for financial year 2025: profit of € 248,828 (▲ € 186,761 vs 2024). Source: NBB ↗
2023 Steve VAN VAERENBERG became a director. NBB
2023 Evy VAN VAERENBERGH became a director. NBB
2023 Sophie DE BAERDEMAEKER became a director. NBB

In short

From € 81,570 profit in 2022 to € 248,828 profit in 2025.

Paid € 235,524 in corporate taxes since 2022.

Best year ever: 2025, with € 248,828 profit.

On average € 89,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Steve VAN VAERENBERG

Director

since 2023 · until 2029

Evy VAN VAERENBERGH

Director

since 2023 · until 2029

Sophie DE BAERDEMAEKER

Director

since 2023 · until 2029

Gilbert VAN VAERENBERGH

Managing director

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Koeweidestraat 27

1785 Merchtem

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

Website

HTTPS sico-inks.com

Canonical: https://www.sico-inks.com/

Technologies

ApacheBootstrapCookie ConsentFacebook PixelFont AwesomeLightboxPHPSlickjQueryjQuery UIlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

OVH, FR

Domain

sico-inks.com

Registered

2000-10-04

Registrar

OVH, SAS

Expires

2026-10-04

Website info

HTTPS Ja

Features

Webshop Client portal Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0438.082.583

VAT number

BE 0438.082.583

Registered office

Koeweidestraat 27, 1785 Merchtem

Names & denominations

SICO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

11 August 1989

Peppol

Active · Active since 12 Aug 2025

Contact

sico-inks.com [email protected]

Activities · NACE

Vervaardiging van verf, vernis ed, drukinkt en mastiek

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

Prepress- en premediadiensten

Hulpactiviteiten in verband met drukkerijen

View on CBE Public ↗ Annual accounts (NBB) ↗

SICO

Warning lights

Financials

What happened to SICO?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions