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 2 to 0.3.
Financials
Financial year 2026
SIDOVER from Tielt, company number BE0447678556, closed financial year 2026 with a result of € 382,394 after tax. For that financial year SIDOVER recorded a gross margin of € 654,240 and equity of € 1.4 million. Compared with financial year 2025, the result moved from € 441,412 to € 382,394. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 1.4 million
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 382,394
▼ 13% vs 2025
Profit after tax over the fiscal year.
€ 451,721
▼ 10% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 92,478 paid out
24 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
0.3
▼ 0.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 21,201
▼ 70% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 68,248
▼ 33% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 12,387
▼ 59% vs 2025
Loans from banks and other lenders, long and short.
€ 140,821
▼ 58% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 49,255
▼ 33% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 458,594 | € 691,567 | € 773,124 | € 654,240 | ▼ 15% |
| Profit after taxes | € 208,058 | € 338,832 | € 441,412 | € 382,394 | ▼ 13% |
| Equity | € 668,023 | € 958,999 | € 1,400,411 | € 1,382,882 | ▼ 1% |
| Total debts | € 286,536 | € 324,442 | € 451,917 | € 271,310 | ▼ 40% |
| Cash | € 90,883 | € 408,824 | € 499,865 | € 451,721 | ▼ 10% |
| Land & buildings | € 313,185 | € 308,754 | € 299,603 | € 0 | ▼ 100% |
| Retained profit | € 649,423 | € 940,399 | € 1,381,811 | € 1,367,912 | ▼ 1% |
| Dividend | € 0 | € 47,856 | € 0 | € 92,478 | |
| Bank debt | € 128,145 | € 73,765 | € 30,333 | € 12,387 | ▼ 59% |
| Balance sheet total | € 969,598 | € 1,295,230 | € 1,860,867 | € 1,658,131 | ▼ 11% |
| Employees (FTE) | 1.5 | 2 | 1.2 | 0.3 | ▼ 0.9 |
Key figures of SIDOVER, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SIDOVER?
What happened at SIDOVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 382,394 (▼ 13% vs 2025). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 208,058 profit in 2023 to € 382,394 profit in 2026.
Paid € 553,395 in corporate taxes since 2023.
Best year ever: 2025, with € 441,412 profit.
On average € 644,300 of value added per employee in 2025.
Management
Behind SIDOVER is Siegfried Verdoodt.
Directors
According to the 2026 annual accounts
Siegfried Verdoodt
Director
Establishments
Establishment units
Physical locations of this company
Szamotulystraat 7
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Domain
Domain
sidover.be
Registered
2002-10-10
Website info
Features
Security
Network
Details
- Company number
- 0447.678.556
- VAT number
- BE 0447.678.556
- Registered office
- Szamotulystraat 7, 8700 Tielt
- Names & denominations
- SIDOVER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1992
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- sidover.be
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige zakelijke dienstverlening, neg