SITHO is a commercial agency in Harelbeke. Private Limited, started on 2 August 2017, 1 establishment.

What is the address of SITHO?

The registered office of SITHO is located at Kortrijksesteenweg 387, 8530 Harelbeke.

Is SITHO still active?

Yes. According to the CBE (29 October 2026) SITHO is active, legal situation “Normale toestand”, started on 2 August 2017.

Is SITHO registered on Peppol?

Yes, SITHO is registered on the Peppol network with ID 0208:0679518553.

What is the enterprise number of SITHO?

The enterprise number of SITHO is BE0679518553.

When was SITHO founded?

SITHO was founded on 2 August 2017.

Who are the directors of SITHO?

According to the 2025 annual accounts, the directors of SITHO are: Ludem BV, MARIMA BV.

Is SITHO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 August 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SITHO make in 2025?

SITHO posted a profit after taxes of € 155 in financial year 2025.

What is the revenue of SITHO?

As a small company, SITHO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 68,726.

How many employees does SITHO have?

According to the 2025 annual accounts, SITHO has 0.8 full-time equivalents (FTE).

SITHO (Private Limited) - Harelbeke - BE0679518553

Dossier SITHO, printed on 29 October 2026 from databakkes.be/en/0679518553/sitho. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

12 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

SITHO from Harelbeke, company number BE0679518553, closed financial year 2025 with a result of € 155 after tax. For that financial year SITHO recorded a gross margin of € 68,726 and equity of € 92,432. Compared with financial year 2024, the result moved from € 2,638 to € 155. The company is profitable. 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 May 28, 2026.

What it is worth Growing

€ 92,432

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

Profit Healthy

€ 155

▼ 94% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5,153

▲ 43% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 86,232.

People and assets in 2025

Full-time equivalents

0.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 56,353

▲ 1% 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

€ 288

▼ 60% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 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.

€ 96,439

▼ 9% vs 2024

€ 10,097 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 4,421

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

Taxes and wages

€ 12,394

▼ 22% 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	€ 62,349 Gross margin 2022: € 62,349 First fiscal year in the series	€ 85,853 Gross margin 2023: € 85,853 ▲ 38% vs 2022 (€ 62,349) Favourable step	€ 73,647 Gross margin 2024: € 73,647 ▼ 14% vs 2023 (€ 85,853) Unfavourable step	€ 68,726 Gross margin 2025: € 68,726 ▼ 7% vs 2024 (€ 73,647) Unfavourable step	▼ 7%
Profit after taxes	€ 29 Profit after taxes 2022: € 29 First fiscal year in the series	€ 11,394 Profit after taxes 2023: € 11,394 ▲ € 11,366 vs 2022 (€ 29) Favourable step	€ 2,638 Profit after taxes 2024: € 2,638 ▼ 77% vs 2023 (€ 11,394) Unfavourable step	€ 155 Profit after taxes 2025: € 155 ▼ 94% vs 2024 (€ 2,638) Unfavourable step	▼ 94%
Equity	€ 78,245 Equity 2022: € 78,245 First fiscal year in the series	€ 89,639 Equity 2023: € 89,639 ▲ 15% vs 2022 (€ 78,245) Favourable step	€ 92,277 Equity 2024: € 92,277 ▲ 3% vs 2023 (€ 89,639) Favourable step	€ 92,432 Equity 2025: € 92,432 Unchanged (€ 92,277) Favourable step
Total debts	€ 139,046 Total debts 2022: € 139,046 First fiscal year in the series	€ 144,306 Total debts 2023: € 144,306 ▲ 4% vs 2022 (€ 139,046) Unfavourable step	€ 126,714 Total debts 2024: € 126,714 ▼ 12% vs 2023 (€ 144,306) Favourable step	€ 114,562 Total debts 2025: € 114,562 ▼ 10% vs 2024 (€ 126,714) Favourable step	▼ 10%
Cash	€ 497 Cash 2022: € 497 First fiscal year in the series	€ 999 Cash 2023: € 999 ▲ 101% vs 2022 (€ 497) Favourable step	€ 3,609 Cash 2024: € 3,609 ▲ 261% vs 2023 (€ 999) Favourable step	€ 5,153 Cash 2025: € 5,153 ▲ 43% vs 2024 (€ 3,609) Favourable step	▲ 43%
Land & buildings	€ 203,496 Land & buildings 2022: € 203,496 First fiscal year in the series	€ 197,536 Land & buildings 2023: € 197,536 ▼ 3% vs 2022 (€ 203,496) Unchanged	€ 191,576 Land & buildings 2024: € 191,576 ▼ 3% vs 2023 (€ 197,536) Unchanged	€ 185,615 Land & buildings 2025: € 185,615 ▼ 3% vs 2024 (€ 191,576) Unchanged	▼ 3%
Retained profit	€ 72,045 Retained profit 2022: € 72,045 First fiscal year in the series	€ 83,439 Retained profit 2023: € 83,439 ▲ 16% vs 2022 (€ 72,045) Favourable step	€ 86,077 Retained profit 2024: € 86,077 ▲ 3% vs 2023 (€ 83,439) Favourable step	€ 86,232 Retained profit 2025: € 86,232 Unchanged (€ 86,077) Favourable step
Bank debt	€ 125,854 Bank debt 2022: € 125,854 First fiscal year in the series	€ 116,192 Bank debt 2023: € 116,192 ▼ 8% vs 2022 (€ 125,854) Favourable step	€ 106,388 Bank debt 2024: € 106,388 ▼ 8% vs 2023 (€ 116,192) Favourable step	€ 96,439 Bank debt 2025: € 96,439 ▼ 9% vs 2024 (€ 106,388) Favourable step	▼ 9%
Balance sheet total	€ 217,291 Balance sheet total 2022: € 217,291 First fiscal year in the series	€ 233,945 Balance sheet total 2023: € 233,945 ▲ 8% vs 2022 (€ 217,291) Unchanged	€ 218,991 Balance sheet total 2024: € 218,991 ▼ 6% vs 2023 (€ 233,945) Unchanged	€ 206,995 Balance sheet total 2025: € 206,995 ▼ 5% vs 2024 (€ 218,991) Unchanged	▼ 5%
Employees (FTE)	0.8 Employees (FTE) 2022: 0.8 First fiscal year in the series	0.8 Employees (FTE) 2023: 0.8 Unchanged (0.8) Unchanged	0.8 Employees (FTE) 2024: 0.8 Unchanged (0.8) Unchanged	0.8 Employees (FTE) 2025: 0.8 Unchanged (0.8) Unchanged

Key figures of SITHO, 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 SITHO?

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

May 28, 2026 New annual accounts for financial year 2025: profit of € 155 (▼ 94% vs 2024). Source: NBB ↗
2023 Ludem BV became a director. NBB
2023 MARIMA BV became a director. NBB
Aug 2, 2017 New establishment in Harelbeke. KBO
Aug 2, 2017 Start of the company according to the CBE. KBO

In short

From € 29 profit in 2022 to € 155 profit in 2025.

Paid € 12,783 in corporate taxes since 2022.

Best year ever: 2023, with € 11,394 profit.

Original PDFs at the National Bank ↗

Management

SITHO

+10

Behind SITHO are Ludem BV and MARIMA BV. The same people are also behind ENBRO, CLEVER SOLUTIONS, EARTH, YOLK and EARTH FINANCE.

Directors

According to the 2025 annual accounts

Ludem BV

Director · represented by Luc Demeyere

Also active at: ENBRO, CLEVER SOLUTIONS, EARTH, YOLK, EARTH FINANCE, EARTH FINANCE BUSINESS, SUNFIN, FIBONAKI +5 more

since 2023

MARIMA BV

Director · represented by Stijn Rigolle

Also active at: ENBRO, CLEVER SOLUTIONS, EARTH, YOLK, EARTH FINANCE, EARTH FINANCE BUSINESS, SUNFIN, FIBONAKI +5 more

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 387

8530 Harelbeke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.

All companies at this address →

ENBRO same network

€ 2.6 million revenue · 2025

CLEVER SOLUTIONS same network

€ 1.8 million gross margin · 2025

SPARKI RENEWABLES same network

€ 45.4 million revenue · 2025

YOLK same network

€ 529,353 gross margin · 2025

EARTH FINANCE same network

€ 505,852 gross margin · 2025

+7 more

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

Details

Company number: 0679.518.553
VAT number: BE 0679.518.553
Registered office: Kortrijksesteenweg 387, 8530 Harelbeke
Names & denominations: SITHO
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 2 August 2017
Peppol: Active · Active since 21 Oct 2026
Activities · NACE: Handelsbemiddeling in de groothandel in andere specifieke goederen

View on CBE Public ↗ Annual accounts (NBB) ↗