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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
SISMO from Laarne, company number BE0446217321, closed financial year 2025 with a result of € -448,486 after tax. For that financial year SISMO recorded a gross margin of € 160,113 and equity of € -2.3 million. Compared with financial year 2024, the result moved from € -341,503 to € -448,486. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2026.
€ -2.3 million
▼ € 448,486 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -448,486
▼ 31 % more loss than in 2024
Profit after tax over the fiscal year.
€ 73,273
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.9 million.
People and assets in 2025
8.1
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 521,351
▼ 11% vs 2024
€ 64,400 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.
€ 9,772
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 162,627
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 138,465
▲ 51% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -74,837 | € 301,764 | € 310,028 | € 160,113 | ▼ 48% |
| Profit after taxes | € -556,612 | € -234,812 | € -341,503 | € -448,486 | ▼ € 106,984 |
| Equity | € -1,241,895 | € -1,476,708 | € -1,818,210 | € -2,266,696 | ▼ € 448,486 |
| Total debts | € 4,437,868 | € 4,768,399 | € 5,129,559 | € 5,487,033 | ▲ 7% |
| Cash | € 15,498 | € 88,163 | € 125,296 | € 73,273 | ▼ 42% |
| Land & buildings | € 1,061,863 | € 1,030,763 | € 999,663 | € 968,563 | ▼ 3% |
| Retained profit | € -5,960,195 | € -6,163,908 | € -6,505,410 | € -6,891,696 | ▼ € 386,286 |
| Bank debt | € 2,478,807 | € 2,868,807 | € 0 | € 0 | |
| Balance sheet total | € 3,195,973 | € 3,291,691 | € 3,311,349 | € 3,220,337 | ▼ 3% |
| Employees (FTE) | - | - | 8.7 | 8.1 | ▼ 0.6 |
Key figures of SISMO, 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 SISMO?
What happened at SISMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Parks Management BV stepped down as director. NBB
- Falerno Belgium NV stepped down as director. NBB
- Henri Herbots stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Parks Management BV became a director. NBB
- Olaf Claessens stepped down as director. NBB
- Falerno Belgium NV became a director. NBB
- Henri Herbots became a director. NBB
In short
From € 556,612 loss in 2022 to € 448,486 loss in 2025.
Paid € 4,635 in corporate taxes since 2022.
On average € 19,800 of value added per employee in 2025.
Management
The stake of Falerno International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SISMOThe shares are held by Falerno International (90.1%).
Directors
According to the 2025 annual accounts
Director · represented by Olaf Claessens
since 2024 · until 2029
Director · represented by Annik Herbots
since 2023 · until 2029
since 2020 · until 2024
since 2023 · until 2029
Shareholders
90.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Drapstraat 1
9270 Laarne
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
- 0446.217.321
- VAT number
- BE 0446.217.321
- Registered office
- Drapstraat 1, 9270 Laarne
- Names & denominations
- SISMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1991
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Vervaardiging van andere tanks, reservoirs en bergingsmiddelen, van metaal
Vervaardiging van overige machines voor algemeen gebruik, n.e.g.
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Vervaardiging van metalen constructiewerken en delen daarvan
Overige detailhandel in nieuwe artikelen neg
Overige gespecialiseerde bouwactiviteiten, neg
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