SIOEN is a printing company in Ardooie. Public Limited, started on 25 October 2002, 2 establishments.

What is the address of SIOEN?

The registered office of SIOEN is located at Fabriekstraat 23, 8850 Ardooie.

Is SIOEN still active?

Yes. According to the CBE (29 October 2026) SIOEN is active, legal situation “Normale toestand”, started on 25 October 2002.

Is SIOEN registered on Peppol?

Yes, SIOEN is registered on the Peppol network with ID 0208:0478652141.

What is the enterprise number of SIOEN?

The enterprise number of SIOEN is BE0478652141.

When was SIOEN founded?

SIOEN was founded on 25 October 2002.

Who are the directors of SIOEN?

According to the 2025 annual accounts, the directors of SIOEN are: PASCALE SIOEN, Bart VERVAECKE, Michèle SIOEN, Jean-Charles Joris, Danielle Parein-Sioen.

Is SIOEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 October 2002; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account; 2 establishments in the CBE.

How much profit did SIOEN make in 2025?

SIOEN posted a profit after taxes of € 14,615,440 in financial year 2025.

What is the revenue of SIOEN?

In its most recent annual accounts (2025), SIOEN reported revenue of € 215,224,942.

How much does an employee at SIOEN earn?

The average wage cost per full-time employee at SIOEN was € 84,300 in 2025: staff costs of € 14.8 million for 175 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SIOEN have?

According to the 2025 annual accounts, SIOEN has 175 full-time equivalents (FTE).

SIOEN (Public Limited) - Ardooie - BE0478652141

Dossier SIOEN, printed on 29 October 2026 from databakkes.be/en/0478652141/sioen. 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.

Tight liquidity NBB

Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

SIOEN from Ardooie, company number BE0478652141, closed financial year 2025 with a result of € 14.6 million after tax. For that financial year SIOEN recorded revenue of € 215.2 million and equity of € 48.9 million. Compared with financial year 2024, the result moved from € 19.4 million to € 14.6 million. 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 June 1, 2026.

What it is worth Healthy

€ 48.9 million

▼ 1% vs 2024

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

Profit Healthy

€ 14.6 million

▼ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.9 million

▼ 63% vs 2024

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

Where the profit goes Pays out

€ 15 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

175

▲ 5.1 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 22.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 14.8 million

▲ 3% vs 2024

€ 84,300 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.

Vehicles and equipment

€ 7.9 million

▼ 7% vs 2024

Of which on lease € 7.8 million.

Debts at end 2025

Bank debt ≈ 36 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.

€ 16 million

▼ 15% vs 2024

€ 450,847 is repaid this year. At this pace the long-term loan is gone in ≈ 36 years.

Owed to suppliers

€ 27.9 million

▲ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.

Taxes and wages

€ 5.2 million

▲ 14% 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
Revenue	€ 181,523,592 Revenue 2022: € 181,523,592 First fiscal year in the series	€ 206,092,206 Revenue 2023: € 206,092,206 ▲ 14% vs 2022 (€ 181,523,592) Favourable step	€ 190,075,925 Revenue 2024: € 190,075,925 ▼ 8% vs 2023 (€ 206,092,206) Unfavourable step	€ 215,224,942 Revenue 2025: € 215,224,942 ▲ 13% vs 2024 (€ 190,075,925) Favourable step	▲ 13%
Profit after taxes	€ 4,037,312 Profit after taxes 2022: € 4,037,312 First fiscal year in the series	€ 9,533,100 Profit after taxes 2023: € 9,533,100 ▲ 136% vs 2022 (€ 4,037,312) Favourable step	€ 19,444,413 Profit after taxes 2024: € 19,444,413 ▲ 104% vs 2023 (€ 9,533,100) Favourable step	€ 14,615,440 Profit after taxes 2025: € 14,615,440 ▼ 25% vs 2024 (€ 19,444,413) Unfavourable step	▼ 25%
Equity	€ 24,285,264 Equity 2022: € 24,285,264 First fiscal year in the series	€ 24,818,364 Equity 2023: € 24,818,364 ▲ 2% vs 2022 (€ 24,285,264) Favourable step	€ 49,262,777 Equity 2024: € 49,262,777 ▲ 98% vs 2023 (€ 24,818,364) Favourable step	€ 48,878,217 Equity 2025: € 48,878,217 ▼ 1% vs 2024 (€ 49,262,777) Unfavourable step	▼ 1%
Total debts	€ 110,693,601 Total debts 2022: € 110,693,601 First fiscal year in the series	€ 99,541,325 Total debts 2023: € 99,541,325 ▼ 10% vs 2022 (€ 110,693,601) Favourable step	€ 80,570,065 Total debts 2024: € 80,570,065 ▼ 19% vs 2023 (€ 99,541,325) Favourable step	€ 85,049,256 Total debts 2025: € 85,049,256 ▲ 6% vs 2024 (€ 80,570,065) Unfavourable step	▲ 6%
Cash	€ 2,416,803 Cash 2022: € 2,416,803 First fiscal year in the series	€ 4,789,296 Cash 2023: € 4,789,296 ▲ 98% vs 2022 (€ 2,416,803) Favourable step	€ 5,220,831 Cash 2024: € 5,220,831 ▲ 9% vs 2023 (€ 4,789,296) Favourable step	€ 1,913,678 Cash 2025: € 1,913,678 ▼ 63% vs 2024 (€ 5,220,831) Unfavourable step	▼ 63%
Land & buildings	€ 3,267,607 Land & buildings 2022: € 3,267,607 First fiscal year in the series	€ 3,134,200 Land & buildings 2023: € 3,134,200 ▼ 4% vs 2022 (€ 3,267,607) Unchanged	€ 3,152,771 Land & buildings 2024: € 3,152,771 ▲ 1% vs 2023 (€ 3,134,200) Unchanged	€ 3,291,135 Land & buildings 2025: € 3,291,135 ▲ 4% vs 2024 (€ 3,152,771) Unchanged	▲ 4%
Retained profit	€ 8,769,049 Retained profit 2022: € 8,769,049 First fiscal year in the series	€ 9,302,149 Retained profit 2023: € 9,302,149 ▲ 6% vs 2022 (€ 8,769,049) Favourable step	€ 8,746,562 Retained profit 2024: € 8,746,562 ▼ 6% vs 2023 (€ 9,302,149) Unfavourable step	€ 8,362,002 Retained profit 2025: € 8,362,002 ▼ 4% vs 2024 (€ 8,746,562) Unfavourable step	▼ 4%
Dividend	€ 7,500,000 Dividend 2022: € 7,500,000 First fiscal year in the series	€ 9,000,000 Dividend 2023: € 9,000,000 ▲ 20% vs 2022 (€ 7,500,000) Unchanged	€ 20,000,000 Dividend 2024: € 20,000,000 ▲ 122% vs 2023 (€ 9,000,000) Unchanged	€ 15,000,000 Dividend 2025: € 15,000,000 ▼ 25% vs 2024 (€ 20,000,000) Unchanged	▼ 25%
Bank debt	€ 59,868,004 Bank debt 2022: € 59,868,004 First fiscal year in the series	€ 54,207,270 Bank debt 2023: € 54,207,270 ▼ 9% vs 2022 (€ 59,868,004) Favourable step	€ 18,817,623 Bank debt 2024: € 18,817,623 ▼ 65% vs 2023 (€ 54,207,270) Favourable step	€ 16,048,168 Bank debt 2025: € 16,048,168 ▼ 15% vs 2024 (€ 18,817,623) Favourable step	▼ 15%
Balance sheet total	€ 135,083,003 Balance sheet total 2022: € 135,083,003 First fiscal year in the series	€ 125,411,666 Balance sheet total 2023: € 125,411,666 ▼ 7% vs 2022 (€ 135,083,003) Unchanged	€ 129,978,267 Balance sheet total 2024: € 129,978,267 ▲ 4% vs 2023 (€ 125,411,666) Unchanged	€ 134,093,860 Balance sheet total 2025: € 134,093,860 ▲ 3% vs 2024 (€ 129,978,267) Unchanged	▲ 3%
Employees (FTE)	152.3 Employees (FTE) 2022: 152.3 First fiscal year in the series	158.4 Employees (FTE) 2023: 158.4 ▲ 6.1 vs 2022 (152.3) Unchanged	169.9 Employees (FTE) 2024: 169.9 ▲ 11.5 vs 2023 (158.4) Unchanged	175 Employees (FTE) 2025: 175 ▲ 5.1 vs 2024 (169.9) Unchanged	▲ 5.1

Key figures of SIOEN, 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 SIOEN?

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

Jun 1, 2026 New annual accounts for financial year 2025: profit of € 14.6 million (▼ 25% vs 2024). Source: NBB ↗
2026 PASCALE SIOEN stepped down as director. NBB
2026 Bart VERVAECKE stepped down as director. NBB
2026 Michèle SIOEN stepped down as director. NBB
2026 Jean-Charles Joris stepped down as director. NBB
2026 Danielle Parein-Sioen stepped down as director. NBB
2023 Jean-Charles Joris became a director. NBB
2020 PASCALE SIOEN became a director. NBB

In short

From € 4 million profit in 2022 to € 14.6 million profit in 2025.

Paid € 14.7 million in corporate taxes since 2022.

Best year ever: 2024, with € 19.4 million profit.

Paid out € 51.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Sioen Industries NV 100%

SIOEN

SIOEN NEDERLAND 100%

URSUK Oy 100%

DONEGAL PROTECTIVE CLOTHING 100%

SIOEN ASIAN PACIFIC 100%

The shares are held by Sioen Industries NV (100%). It owns 100% of SIOEN NEDERLAND, 100% of URSUK Oy, 100% of DONEGAL PROTECTIVE CLOTHING, 100% of SIOEN ASIAN PACIFIC, 100% of SIOEN BALLISTICS OY and 100% of SIOEN DEUTSCHLAND itself.

Directors

According to the 2025 annual accounts

PASCALE SIOEN

Director

Also active at: EUROPEAN MASTER BATCH, COATEX, Roularta Media Group, SIOEN INDUSTRIES, P. COMPANY, SIHOLD, SIOEN FABRICS, SICORP +4 more

since 2020 · until 2026

Bart VERVAECKE

Director

Also active at: KARTONNAGE LEFEVERE - BEEL, VICTOR BUYCK STEEL CONSTRUCTION, DEPRO PROFILES, ALMELIOR, WOODPLUS, Altripan Invest

since 2020 · until 2026

Michèle SIOEN

Managing director

Also active at: "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE", Industrie - Négoce - Confort - Hygiène, AVIETA, COATEX, SIOEN INDUSTRIES, M.J.S. CONSULTING, SIHOLD, SIOEN FABRICS +8 more

since 2020 · until 2026

Jean-Charles Joris

Director

Also active at: JCJ CONSULTING

since 2023 · until 2026

Danielle Parein-Sioen

Director

Also active at: SIOEN INDUSTRIES, SIHOLD

since 2020 · until 2026

Shareholders

Sioen Industries NV

100%

Participations

SIOEN NEDERLAND

100%

URSUK Oy

100%

DONEGAL PROTECTIVE CLOTHING

100%

SIOEN ASIAN PACIFIC

100%

SIOEN BALLISTICS OY

100%

SIOEN DEUTSCHLAND

100%

SIOEN FRANCE

99.8%

SIOROM

95%

CONFECTION TUNISIENNE DE SECURITE

89.2%

PT. SIOEN SEMARANG ASIA

26.6%

Establishments

Establishment units

Physical locations of this company

Registered office

Fabriekstraat 23

8850 Ardooie

2.197.632.592

Metropoollaan(L) 9

7700 Mouscron

Active since 14 July 2008

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

SIOEN INDUSTRIES same network

€ 191.8 million revenue · 2025

SIHOLD same network

€ 16.9 million revenue · 2025

SICORP same network

€ 51,445 revenue · 2025

MULTIPROFESSIONEEL ARCHITECTENBUREAU VERBA

€ 232,922 gross margin · 2025

Jack & Co

+2 more

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

Details

Company number

0478.652.141

VAT number

BE 0478.652.141

Registered office

Fabriekstraat 23, 8850 Ardooie

Names & denominations

SIOEN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

25 October 2002

Peppol

Active · Active since 31 Dec 2025

Activities · NACE

Vervaardiging van werkkleding

Vervaardiging van bovenkleding

Confectie van bovenkleding voor heren, dames en kinderen

Vervaardiging van andere bovenkleding

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)

View on CBE Public ↗ Annual accounts (NBB) ↗

SIOEN

Warning lights

Financials

What happened to SIOEN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions