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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
B.V.B.A. SICCARD RECYCLING from Merchtem, company number BE0684943823, closed financial year 2024 with a result of € 31,943 after tax. For that financial year B.V.B.A. SICCARD RECYCLING recorded a gross margin of € 86,282 and equity of € 213,308. Compared with financial year 2023, the result moved from € 24,172 to € 31,943. 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 August 28, 2025.
€ 213,308
▲ 18% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,943
▲ 32% vs 2023
Profit after tax over the fiscal year.
€ 1,368
▼ 30% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 200,908.
People and assets in 2024
€ 1,639
▼ 75% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 516,742
▼ 10% vs 2023
€ 52,097 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 7,634
▼ 45% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,054
▼ 25% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 82,464 | € 73,616 | € 86,282 | ▲ 17% |
| Profit after taxes | € 36,798 | € 24,172 | € 31,943 | ▲ 32% |
| Equity | € 125,641 | € 181,366 | € 213,308 | ▲ 18% |
| Total debts | € 922,639 | € 785,857 | € 704,305 | ▼ 10% |
| Cash | € 60,151 | € 1,956 | € 1,368 | ▼ 30% |
| Land & buildings | € 937,500 | € 895,833 | € 875,000 | ▼ 2% |
| Retained profit | € 113,241 | € 168,966 | € 200,908 | ▲ 19% |
| Bank debt | € 667,917 | € 572,208 | € 516,742 | ▼ 10% |
| Balance sheet total | € 1,048,280 | € 967,223 | € 917,614 | ▼ 5% |
By gross margin, B.V.B.A. SICCARD RECYCLING ranks 7th of 30 companies with main activity “Smeden van metaal” in Flemish Brabant that publish figures (fiscal year 2024).
Key figures of B.V.B.A. SICCARD RECYCLING, 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.
Ask about B.V.B.A. SICCARD RECYCLING the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to B.V.B.A. SICCARD RECYCLING?
What happened at B.V.B.A. SICCARD RECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 31,943 (▲ 32% vs 2023). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Merchtem. KBO
In short
From € 36,798 profit in 2021 to € 31,943 profit in 2024.
Paid € 31,103 in corporate taxes since 2021.
Best year ever: 2021, with € 36,798 profit.
Management
Behind B.V.B.A. SICCARD RECYCLING is Kevin Siccard.
Directors
According to the 2024 annual accounts
Kevin Siccard
Director
Establishments
Establishment units
Physical locations of this company
Bollestraat 52 box a
1785 Merchtem
Bollestraat 52 A
1785 Merchtem
Active since 23 November 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Siccard Kevin Gustaaf Antoine Godelieve(oprichter) 100%
Details
- Company number
- 0684.943.823
- VAT number
- BE 0684.943.823
- Registered office
- Bollestraat 52 bus a, 1785 Merchtem
- Names & denominations
- B.V.B.A. SICCARD RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2017
- Peppol
- Active · Active since 30 Jan 2026
- Activities · NACE
Smeden van metaal
Vervaardiging van overige producten van metaal, neg
Terugwinning van materialen uit afval
Terugwinning van metaalafval
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