What does SINEL & CO do?

SINEL & CO is an electrical contractor in Herselt. Private Limited, started on 20 May 2003, 1 establishment.

What is the address of SINEL & CO?

The registered office of SINEL & CO is located at Veerlepad 7, 2230 Herselt.

Is SINEL & CO still active?

Yes. According to the CBE (30 October 2026) SINEL & CO is active, legal situation “Normale toestand”, started on 20 May 2003.

Is SINEL & CO registered on Peppol?

Yes, SINEL & CO is registered on the Peppol network with ID 0208:0480260163.

What is the enterprise number of SINEL & CO?

The enterprise number of SINEL & CO is BE0480260163.

When was SINEL & CO founded?

SINEL & CO was founded on 20 May 2003.

Who are the directors of SINEL & CO?

According to the 2025 annual accounts, the directors of SINEL & CO are: Han Van den Bulck, Ivo Van den Bulck.

Is SINEL & CO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 May 2003; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SINEL & CO make in 2025?

SINEL & CO posted a profit after taxes of € 360,224 in financial year 2025.

What is the revenue of SINEL & CO?

As a small company, SINEL & CO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 759,071.

SINEL & CO (Private Limited) - Herselt - BE0480260163

Dossier SINEL & CO, printed on 30 October 2026 from databakkes.be/en/0480260163/sinel-co. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SINEL & CO from Herselt, company number BE0480260163, closed financial year 2025 with a result of € 360,224 after tax. For that financial year SINEL & CO recorded a gross margin of € 759,071 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 342,597 to € 360,224. 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 January 30, 2026.

What it is worth Growing

€ 1.1 million

▲ 38% vs 2024

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

Profit Growing

€ 360,224

▲ 5% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 855,911

▲ 20% vs 2024

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

Where the profit goes Pays out

€ 47,272 paid out

13 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 54,574

▲ 85% vs 2024

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

€ 89,768

▲ 43% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 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.

€ 167,595

▼ 11% vs 2024

€ 15,543 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 113,308

▼ 40% vs 2024

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

Taxes and wages

€ 39,339

▼ 5% 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	€ 115,609 Gross margin 2022: € 115,609 First fiscal year in the series	€ 248,323 Gross margin 2023: € 248,323 ▲ 115% vs 2022 (€ 115,609) Favourable step	€ 616,483 Gross margin 2024: € 616,483 ▲ 148% vs 2023 (€ 248,323) Favourable step	€ 759,071 Gross margin 2025: € 759,071 ▲ 23% vs 2024 (€ 616,483) Favourable step	▲ 23%
Profit after taxes	€ 25,933 Profit after taxes 2022: € 25,933 First fiscal year in the series	€ 95,840 Profit after taxes 2023: € 95,840 ▲ 270% vs 2022 (€ 25,933) Favourable step	€ 342,597 Profit after taxes 2024: € 342,597 ▲ 257% vs 2023 (€ 95,840) Favourable step	€ 360,224 Profit after taxes 2025: € 360,224 ▲ 5% vs 2024 (€ 342,597) Favourable step	▲ 5%
Equity	€ 409,303 Equity 2022: € 409,303 First fiscal year in the series	€ 505,143 Equity 2023: € 505,143 ▲ 23% vs 2022 (€ 409,303) Favourable step	€ 834,015 Equity 2024: € 834,015 ▲ 65% vs 2023 (€ 505,143) Favourable step	€ 1,146,967 Equity 2025: € 1,146,967 ▲ 38% vs 2024 (€ 834,015) Favourable step	▲ 38%
Total debts	€ 524,166 Total debts 2022: € 524,166 First fiscal year in the series	€ 624,762 Total debts 2023: € 624,762 ▲ 19% vs 2022 (€ 524,166) Unfavourable step	€ 571,906 Total debts 2024: € 571,906 ▼ 8% vs 2023 (€ 624,762) Favourable step	€ 326,491 Total debts 2025: € 326,491 ▼ 43% vs 2024 (€ 571,906) Favourable step	▼ 43%
Cash	€ 240,291 Cash 2022: € 240,291 First fiscal year in the series	€ 492,231 Cash 2023: € 492,231 ▲ 105% vs 2022 (€ 240,291) Favourable step	€ 712,922 Cash 2024: € 712,922 ▲ 45% vs 2023 (€ 492,231) Favourable step	€ 855,911 Cash 2025: € 855,911 ▲ 20% vs 2024 (€ 712,922) Favourable step	▲ 20%
Land & buildings	€ 275,542 Land & buildings 2022: € 275,542 First fiscal year in the series	€ 260,829 Land & buildings 2023: € 260,829 ▼ 5% vs 2022 (€ 275,542) Unchanged	€ 248,011 Land & buildings 2024: € 248,011 ▼ 5% vs 2023 (€ 260,829) Unchanged	€ 234,452 Land & buildings 2025: € 234,452 ▼ 5% vs 2024 (€ 248,011) Unchanged	▼ 5%
Retained profit	€ 390,703 Retained profit 2022: € 390,703 First fiscal year in the series	€ 486,543 Retained profit 2023: € 486,543 ▲ 25% vs 2022 (€ 390,703) Favourable step	€ 815,415 Retained profit 2024: € 815,415 ▲ 68% vs 2023 (€ 486,543) Favourable step	€ 1,128,367 Retained profit 2025: € 1,128,367 ▲ 38% vs 2024 (€ 815,415) Favourable step	▲ 38%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 13,724 Dividend 2024: € 13,724 Unchanged (€ 0) Unchanged	€ 47,272 Dividend 2025: € 47,272 ▲ 244% vs 2024 (€ 13,724) Unchanged	▲ 244%
Bank debt	€ 363,523 Bank debt 2022: € 363,523 First fiscal year in the series	€ 326,034 Bank debt 2023: € 326,034 ▼ 10% vs 2022 (€ 363,523) Favourable step	€ 188,167 Bank debt 2024: € 188,167 ▼ 42% vs 2023 (€ 326,034) Favourable step	€ 167,595 Bank debt 2025: € 167,595 ▼ 11% vs 2024 (€ 188,167) Favourable step	▼ 11%
Balance sheet total	€ 933,469 Balance sheet total 2022: € 933,469 First fiscal year in the series	€ 1,129,904 Balance sheet total 2023: € 1,129,904 ▲ 21% vs 2022 (€ 933,469) Unchanged	€ 1,405,921 Balance sheet total 2024: € 1,405,921 ▲ 24% vs 2023 (€ 1,129,904) Unchanged	€ 1,473,458 Balance sheet total 2025: € 1,473,458 ▲ 5% vs 2024 (€ 1,405,921) Unchanged	▲ 5%

Key figures of SINEL & CO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to SINEL & CO?

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

Jan 30, 2026 New annual accounts for financial year 2025: profit of € 360,224 (▲ 5% vs 2024). Source: NBB ↗
2022 Han Van den Bulck became a director. NBB
2022 Ivo Van den Bulck became a director. NBB
May 20, 2003 New establishment in Herselt. KBO
May 20, 2003 Start of the company according to the CBE. KBO

In short

From € 25,933 profit in 2022 to € 360,224 profit in 2025.

Paid € 370,689 in corporate taxes since 2022.

Best year ever: 2025, with € 360,224 profit.

Paid out € 60,996 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Han Van den Bulck Ivo Van den Bulck

SINEL & CO

Behind SINEL & CO are Han Van den Bulck and Ivo Van den Bulck.

Directors

According to the 2025 annual accounts

Han Van den Bulck

Director

since 2022

Ivo Van den Bulck

Director

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Veerlepad 7

2230 Herselt

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 →

IVO VAN DEN BULCK

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

Details

Company number

0480.260.163

VAT number

BE 0480.260.163

Registered office

Veerlepad 7, 2230 Herselt

Names & denominations

SINEL & CO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 May 2003

Peppol

Active · Active since 31 Oct 2023

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrisch materiaal inclusief installatiemateriaal

View on CBE Public ↗ Annual accounts (NBB) ↗

SINEL & CO

Financials

What happened to SINEL & CO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions