Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SIBELE from Mouscron, company number BE0677827684, closed financial year 2025 with a result of € -16,630 after tax. For that financial year SIBELE recorded a gross margin of € -2,988 and equity of € 26,954. Compared with financial year 2024, the result moved from € -3,495 to € -16,630. 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 June 22, 2026.
€ 26,954
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,630
▼ 376 % more loss than in 2024
Profit after tax over the fiscal year.
€ 34,587
▲ € 26,623 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6,954.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,402
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,474 | € -2,673 | € -2,721 | € -2,988 | ▼ € 266 |
| Profit after taxes | € -3,955 | € -3,724 | € -3,495 | € -16,630 | ▼ € 13,135 |
| Equity | € 50,802 | € 47,079 | € 43,584 | € 26,954 | ▼ 38% |
| Total debts | € 474,207 | € 460,303 | € 476,135 | € 523,388 | ▲ 10% |
| Cash | € 28,254 | € 10,627 | € 7,964 | € 34,587 | ▲ € 26,623 |
| Retained profit | € 30,802 | € 27,079 | € 23,584 | € 6,954 | ▼ 71% |
| Bank debt | € 63,984 | € 33,426 | € 2,583 | € 0 | ▼ 100% |
| Balance sheet total | € 525,009 | € 507,382 | € 519,719 | € 550,342 | ▲ 6% |
Key figures of SIBELE, 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 SIBELE?
What happened at SIBELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,630. Source: NBB ↗
- New establishment in Mouscron. KBO
- Serge BOUTRY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,955 loss in 2022 to € 16,630 loss in 2025.
Management
Behind SIBELE is Serge BOUTRY. It owns 99.8% of SCI L2B and 50% of BOREAL SAS itself.
Directors
According to the 2025 annual accounts
Serge BOUTRY
Director
Also active at: INPLASCO, SB PARTICIPATIONS BELGIUM, CLID INVEST INTERNATIONAL
since 2017
Establishments
Establishment units
Physical locations of this company
Pelgrimsstraat 12
7700 Mouscron
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
- 0677.827.684
- VAT number
- BE 0677.827.684
- Registered office
- Pelgrimsstraat 12, 7700 Mouscron
- Names & denominations
- SIBELE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2017
- Peppol
- Not registered