Financials
Financial year 2024
SIESQO from Waregem, company number BE0648802019, closed financial year 2024 with a result of € -1,725 after tax. For that financial year SIESQO recorded a gross margin of € 89,391 and equity of € 36,757. Compared with financial year 2023, the result moved from € 7,109 to € -1,725. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2025.
€ 36,757
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,725
▼ still € 7,109 profit in 2023
Profit after tax over the fiscal year.
€ 23,232
▼ 1% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 24,357.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 48,189
▲ 4% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 46,589
▲ € 42,224 vs 2023
Of which on lease € 44,542.
Debts at end 2024
€ 190,226
▲ 16% vs 2023
€ 30,767 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 17,089
▲ 159% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 21,738
▼ 37% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 64,983 | € 68,237 | € 88,760 | € 89,391 | ▲ 1% |
| Profit after taxes | € 11,146 | € -6,525 | € 7,109 | € -1,725 | ▼ € 8,834 |
| Equity | € 37,899 | € 31,374 | € 38,483 | € 36,757 | ▼ 4% |
| Total debts | € 242,292 | € 238,197 | € 225,890 | € 252,014 | ▲ 12% |
| Cash | € 21,302 | € 24,723 | € 23,496 | € 23,232 | ▼ 1% |
| Land & buildings | € 162,719 | € 154,041 | € 145,362 | € 160,952 | ▲ 11% |
| Retained profit | € 25,499 | € 18,974 | € 26,083 | € 24,357 | ▼ 7% |
| Bank debt | € 189,429 | € 180,430 | € 164,011 | € 190,226 | ▲ 16% |
| Balance sheet total | € 280,191 | € 269,571 | € 264,373 | € 288,771 | ▲ 9% |
Key figures of SIESQO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SIESQO?
What happened at SIESQO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1,725 (▼ € 8,834 vs 2023). filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,146 profit in 2021 to € 1,725 loss in 2024.
Paid € 12,078 in corporate taxes since 2021.
Best year ever: 2021, with € 11,146 profit.
A new publication or filing at SIESQO? 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
Directors
According to the 2024 annual accounts
Francis Logghe
Director
Establishments
Establishment units
Physical locations of this company
Oscar Verschuerestraat 41
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0648.802.019
- VAT number
- BE 0648.802.019
- Registered office
- Oscar Verschuerestraat 41, 8790 Waregem
- Names & denominations
- SIESQO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2016
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- siesqo.be
- Activities · NACE
Activiteiten van reclamebureaus
Activiteiten van webportalen
Webportalen