Financials
Financial year 2025
SINENCO from Wevelgem, company number BE0541588612, closed financial year 2025 with a result of € 74,356 after tax. For that financial year SINENCO recorded a gross margin of € 125,489 and equity of € 510,433. Compared with financial year 2024, the result moved from € -57,050 to € 74,356. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 2, 2026.
€ 510,433
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,356
▲ still € 57,050 loss in 2024
Profit after tax over the fiscal year.
€ 62,459
▲ 63% 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 € 450,592.
People and assets in 2025
€ 4,950
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 587,530
▼ 53% vs 2024
€ 54,922 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 179,107
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,136
▲ 79% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 82,700 | € 37,725 | € 4,312 | € 125,489 | ▲ € 121,177 |
| Profit after taxes | € 28,510 | € 247,436 | € -57,050 | € 74,356 | ▲ € 131,405 |
| Equity | € 128,181 | € 493,127 | € 436,077 | € 510,433 | ▲ 17% |
| Total debts | € 2,370,616 | € 1,531,934 | € 2,452,086 | € 1,650,398 | ▼ 33% |
| Cash | € 18,881 | € 137,799 | € 38,262 | € 62,459 | ▲ 63% |
| Land & buildings | - | € 72,000 | € 64,800 | € 57,600 | ▼ 11% |
| Retained profit | € 121,981 | € 433,286 | € 376,237 | € 450,592 | ▲ 20% |
| Bank debt | € 1,608,830 | € 686,401 | € 1,248,772 | € 587,530 | ▼ 53% |
| Balance sheet total | € 2,498,796 | € 2,025,061 | € 2,888,164 | € 2,160,830 | ▼ 25% |
Key figures of SINENCO, 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 SINENCO?
What happened at SINENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,356. Source: NBB ↗
- Kurt Sinnesael became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,510 profit in 2022 to € 74,356 profit in 2025.
Paid € 34,133 in corporate taxes since 2022.
Best year ever: 2023, with € 247,436 profit.
A new publication or filing at SINENCO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SINENCO is Kurt Sinnesael. It owns 99.9% of Duwo Sinnesael itself.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Tuinstraat 12
8560 Wevelgem
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0541.588.612
- VAT number
- BE 0541.588.612
- Registered office
- Tuinstraat 12, 8560 Wevelgem
- Names & denominations
- SINENCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
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