Financials
Financial year 2025
SIVECO Belgium from Koekelberg, company number BE0521734888, closed financial year 2025 with a result of € 27,516 after tax. For that financial year SIVECO Belgium recorded a gross margin of € 53,389 and equity of € 23,167. Compared with financial year 2024, the result moved from € 1,340 to € 27,516. 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 July 13, 2026.
€ 23,167
▲ € 27,516 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,516
▲ € 26,176 vs 2024
Profit after tax over the fiscal year.
€ 23,498
▲ € 20,536 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -66,833.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,783
▼ 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 37,513
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,688 | € 105,688 | € 127,812 | € 53,389 | ▼ 58% |
| Profit after taxes | € -9,498 | € -12,157 | € 1,340 | € 27,516 | ▲ € 26,176 |
| Equity | € 6,469 | € -5,688 | € -4,348 | € 23,167 | ▲ € 27,516 |
| Total debts | € 92,715 | € 76,770 | € 49,966 | € 41,828 | ▼ 16% |
| Cash | € 312 | € 4,274 | € 2,962 | € 23,498 | ▲ € 20,536 |
| Retained profit | € -83,531 | € -95,688 | € -94,348 | € -66,833 | ▲ € 27,516 |
| Balance sheet total | € 99,184 | € 71,082 | € 45,617 | € 64,995 | ▲ 42% |
| Employees (FTE) | 1.7 | 0.8 | 0.9 | 0.2 | ▼ 0.7 |
Key figures of SIVECO Belgium, 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 SIVECO Belgium?
What happened at SIVECO Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,516 (▲ € 26,176 vs 2024). Source: NBB ↗
- Alexandru-Meteias Casbuc-Ionescu became a director. NBB
- New establishment in Brussel. KBO
- New establishment in Koekelberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,498 loss in 2022 to € 27,516 profit in 2025.
Best year ever: 2025, with € 27,516 profit.
On average € 53,900 of value added per employee in 2022.
Management
Behind SIVECO Belgium is Alexandru-Meteias Casbuc-Ionescu.
Directors
According to the 2025 annual accounts
Alexandru-Meteias Casbuc-Ionescu
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Jetselaan 58
1081 Koekelberg
Handelsstraat 123 box 106
1000 Brussel
Active since 1 July 2017
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.
Details
- Company number
- 0521.734.888
- VAT number
- BE 0521.734.888
- Registered office
- Jetselaan 58, 1081 Koekelberg
- Names & denominations
- SIVECO Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 2013
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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