SIBAVO is a bakery in Nazareth-De Pinte. Private Limited, started on 25 May 2001, 1 establishment.

What is the address of SIBAVO?

The registered office of SIBAVO is located at Begoniastraat 11, 9810 Nazareth-De Pinte.

Is SIBAVO still active?

Yes. According to the CBE (29 October 2026) SIBAVO is active, legal situation “Normale toestand”, started on 25 May 2001.

Is SIBAVO registered on Peppol?

Yes, SIBAVO is registered on the Peppol network with ID 0208:0474880227.

What is the enterprise number of SIBAVO?

The enterprise number of SIBAVO is BE0474880227.

When was SIBAVO founded?

SIBAVO was founded on 25 May 2001.

Who are the directors of SIBAVO?

According to the 2025 annual accounts, the directors of SIBAVO are: Luc Van Hecke.

Is SIBAVO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 May 2001; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did SIBAVO make in 2025?

SIBAVO posted a profit after taxes of € 41,715 in financial year 2025.

What is the revenue of SIBAVO?

As a small company, SIBAVO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 538,427.

How much does an employee at SIBAVO earn?

The average wage cost per full-time employee at SIBAVO was € 48,300 in 2025: staff costs of € 410,567 for 8.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SIBAVO have?

According to the 2025 annual accounts, SIBAVO has 8.5 full-time equivalents (FTE).

SIBAVO (Private Limited) - Nazareth-De Pinte

Dossier SIBAVO, printed on 29 October 2026 from databakkes.be/en/0474880227/sibavo. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.

Financials

Financial year 2025

SIBAVO from Nazareth-De Pinte, company number BE0474880227, closed financial year 2025 with a result of € 41,715 after tax. For that financial year SIBAVO recorded a gross margin of € 538,427 and equity of € -349,597. Compared with financial year 2024, the result moved from € -103,855 to € 41,715. Profitable, and profit is growing. 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 June 29, 2026.

What it is worth Caution

€ -349,597

▲ € 41,715 vs 2024

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

Profit Growing

€ 41,715

▲ still € 103,855 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 64,633

▼ 3% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -379,597.

People and assets in 2025

Full-time equivalents

8.5

▲ 1.3 vs 2024

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

Wage cost

€ 410,567

▲ 23% vs 2024

€ 48,300 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.

Debts at end 2025

Bank debt

€ 55,233

▼ 42% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 916,643

▲ 3% vs 2024

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

Taxes and wages

€ 49,593

▲ 21% 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	€ 483,044 Gross margin 2022: € 483,044 First fiscal year in the series	€ 601,696 Gross margin 2023: € 601,696 ▲ 25% vs 2022 (€ 483,044) Favourable step	€ 393,022 Gross margin 2024: € 393,022 ▼ 35% vs 2023 (€ 601,696) Unfavourable step	€ 538,427 Gross margin 2025: € 538,427 ▲ 37% vs 2024 (€ 393,022) Favourable step	▲ 37%
Profit after taxes	€ -68,889 Profit after taxes 2022: € -68,889 First fiscal year in the series	€ -69,570 Profit after taxes 2023: € -69,570 ▼ € 681 vs 2022 (€ -68,889) Unfavourable step	€ -103,855 Profit after taxes 2024: € -103,855 ▼ € 34,284 vs 2023 (€ -69,570) Unfavourable step	€ 41,715 Profit after taxes 2025: € 41,715 ▲ € 145,570 vs 2024 (€ -103,855) Favourable step	▲ € 145,570
Equity	€ -217,887 Equity 2022: € -217,887 First fiscal year in the series	€ -287,457 Equity 2023: € -287,457 ▼ € 69,570 vs 2022 (€ -217,887) Unfavourable step	€ -391,312 Equity 2024: € -391,312 ▼ € 103,855 vs 2023 (€ -287,457) Unfavourable step	€ -349,597 Equity 2025: € -349,597 ▲ € 41,715 vs 2024 (€ -391,312) Favourable step	▲ € 41,715
Total debts	€ 1,143,907 Total debts 2022: € 1,143,907 First fiscal year in the series	€ 1,106,717 Total debts 2023: € 1,106,717 ▼ 3% vs 2022 (€ 1,143,907) Favourable step	€ 1,117,897 Total debts 2024: € 1,117,897 ▲ 1% vs 2023 (€ 1,106,717) Unfavourable step	€ 1,064,327 Total debts 2025: € 1,064,327 ▼ 5% vs 2024 (€ 1,117,897) Favourable step	▼ 5%
Cash	€ 73,886 Cash 2022: € 73,886 First fiscal year in the series	€ 46,353 Cash 2023: € 46,353 ▼ 37% vs 2022 (€ 73,886) Unfavourable step	€ 66,793 Cash 2024: € 66,793 ▲ 44% vs 2023 (€ 46,353) Favourable step	€ 64,633 Cash 2025: € 64,633 ▼ 3% vs 2024 (€ 66,793) Unfavourable step	▼ 3%
Retained profit	€ -247,887 Retained profit 2022: € -247,887 First fiscal year in the series	€ -317,457 Retained profit 2023: € -317,457 ▼ € 69,570 vs 2022 (€ -247,887) Unfavourable step	€ -421,312 Retained profit 2024: € -421,312 ▼ € 103,855 vs 2023 (€ -317,457) Unfavourable step	€ -379,597 Retained profit 2025: € -379,597 ▲ € 41,715 vs 2024 (€ -421,312) Favourable step	▲ € 41,715
Bank debt	€ 352,576 Bank debt 2022: € 352,576 First fiscal year in the series	€ 352,576 Bank debt 2023: € 352,576 Unchanged (€ 352,576) Unchanged	€ 94,686 Bank debt 2024: € 94,686 ▼ 73% vs 2023 (€ 352,576) Favourable step	€ 55,233 Bank debt 2025: € 55,233 ▼ 42% vs 2024 (€ 94,686) Favourable step	▼ 42%
Balance sheet total	€ 926,020 Balance sheet total 2022: € 926,020 First fiscal year in the series	€ 819,260 Balance sheet total 2023: € 819,260 ▼ 12% vs 2022 (€ 926,020) Unchanged	€ 726,585 Balance sheet total 2024: € 726,585 ▼ 11% vs 2023 (€ 819,260) Unchanged	€ 714,730 Balance sheet total 2025: € 714,730 ▼ 2% vs 2024 (€ 726,585) Unchanged	▼ 2%
Employees (FTE)	11.1 Employees (FTE) 2022: 11.1 First fiscal year in the series	12.2 Employees (FTE) 2023: 12.2 ▲ 1.1 vs 2022 (11.1) Unchanged	7.2 Employees (FTE) 2024: 7.2 ▼ 5 vs 2023 (12.2) Unchanged	8.5 Employees (FTE) 2025: 8.5 ▲ 1.3 vs 2024 (7.2) Unchanged	▲ 1.3

Key figures of SIBAVO, 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 SIBAVO?

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

Jun 29, 2026 New annual accounts for financial year 2025: profit of € 41,715. Source: NBB ↗
2023 Luc Van Hecke became a director. NBB
Apr 30, 2003 New establishment in Nazareth-De Pinte. KBO
May 25, 2001 Start of the company according to the CBE. KBO

In short

From € 68,889 loss in 2022 to € 41,715 profit in 2025.

Best year ever: 2025, with € 41,715 profit.

On average € 63,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Bakkerij Van Hecke Luc 100%

The stake of Bakkerij Van Hecke Luc comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SIBAVO

Behind SIBAVO is Luc Van Hecke. The shares are held by Bakkerij Van Hecke Luc (100%).

Directors

According to the 2025 annual accounts

Luc Van Hecke

Director

Also active at: Oracolo Invest, Traindevie

since 2023

Shareholders

Bakkerij Van Hecke Luc

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Begoniastraat 11

9810 Nazareth-De Pinte

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Oracolo Invest same network

€ 307,296 gross margin · 2025

Traindevie same network

€ 199,568 gross margin · 2025

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

Details

Company number

0474.880.227

VAT number

BE 0474.880.227

Registered office

Begoniastraat 11, 9810 Nazareth-De Pinte

Names & denominations

SIBAVO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 May 2001

Peppol

Active · Active since 29 Jan 2026

Activities · NACE

Industriële vervaardiging van brood en van vers banketbakkerswerk

Groothandel in andere voedingsmiddelen, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

SIBAVO

Warning lights

Financials

What happened to SIBAVO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions