Financials
Financial year 2025
SIBI I from Kortrijk, company number BE0443959496, closed financial year 2025 with a result of € 170,535 after tax. For that financial year SIBI I recorded a gross margin of € 330,004 and equity of € 1 million. Compared with financial year 2024, the result moved from € 3,483 to € 170,535. 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 September 30, 2026.
€ 1 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 170,535
▲ € 167,052 vs 2024
Profit after tax over the fiscal year.
€ 94,203
▲ 121% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 548,757.
People and assets in 2025
€ 24,055
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 119,348
▼ 12% vs 2024
€ 17,199 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 44,124
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 101,586
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 150,268 | € 502,012 | € 75,834 | € 330,004 | ▲ € 254,170 |
| Profit after taxes | € 59,913 | € 290,760 | € 3,483 | € 170,535 | ▲ € 167,052 |
| Equity | € 553,958 | € 844,718 | € 848,201 | € 1,018,735 | ▲ 20% |
| Total debts | € 326,952 | € 390,748 | € 352,324 | € 265,058 | ▼ 25% |
| Cash | € 46,620 | € 134,997 | € 42,682 | € 94,203 | ▲ 121% |
| Land & buildings | € 717,745 | € 810,370 | € 801,746 | € 754,343 | ▼ 6% |
| Retained profit | € 50,020 | € 352,100 | € 366,903 | € 548,757 | ▲ 50% |
| Bank debt | € 167,068 | € 151,151 | € 135,526 | € 119,348 | ▼ 12% |
| Balance sheet total | € 880,910 | € 1,235,466 | € 1,200,525 | € 1,283,793 | ▲ 7% |
Key figures of SIBI I, 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 SIBI I?
What happened at SIBI I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Els Hoste stepped down as director. NBB
- Dominiek Deman stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 170,535 (▲ € 167,052 vs 2024). filed late Source: NBB ↗
- Els Hoste became a director. NBB
- Dominiek Deman became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,913 profit in 2022 to € 170,535 profit in 2025.
Paid € 274,744 in corporate taxes since 2022.
Best year ever: 2023, with € 290,760 profit.
Management
Directors
According to the 2025 annual accounts
Els Hoste
Director
since 2023 · until 2029
Dominiek Deman
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Felix Timmermansstraat(Mar) 4
8510 Kortrijk
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
- 0443.959.496
- VAT number
- BE 0443.959.496
- Registered office
- Felix Timmermansstraat(Mar) 4, 8510 Kortrijk
- Names & denominations
- SIBI I
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 April 1991
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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