Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 31 to 22.2.
-
Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Sinch Belgium from Antwerpen, company number BE0691917430, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year Sinch Belgium recorded revenue of € 5.1 million and equity of € 344,461. Compared with financial year 2024, the result moved from € -363,489 to € -1.8 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 344,461
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.8 million
▼ 386 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,817
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.8 million.
People and assets in 2025
22.2
▼ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▼ 2% vs 2024
€ 154,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 136,095
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 131,210
▼ 83% vs 2024
Loans from banks and other lenders, long and short.
€ 566,729
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 513,776
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 5,439,615 | € 6,136,491 | € 5,149,777 | ▼ 16% |
| Gross margin | € 1,209,165 | € 3,102,082 | € 3,864,773 | € 2,206,607 | ▼ 43% |
| Profit after taxes | € -2,556,253 | € -1,465,700 | € -363,489 | € -1,764,829 | ▼ € 1.4 million |
| Equity | € 838,478 | € 672,779 | € 309,289 | € 344,461 | ▲ 11% |
| Total debts | € 906,595 | € 1,104,922 | € 2,000,178 | € 1,235,357 | ▼ 38% |
| Cash | € 203,051 | € 181,349 | € 43,654 | € 7,817 | ▼ 82% |
| Land & buildings | € 253,199 | € 216,585 | € 186,156 | € 150,876 | ▼ 19% |
| Retained profit | € -7,181,522 | € -8,647,221 | € -9,010,711 | € -10,775,539 | ▼ € 1.8 million |
| Bank debt | € 54,692 | € 202,422 | € 779,413 | € 131,210 | ▼ 83% |
| Balance sheet total | € 1,745,074 | € 1,777,701 | € 2,309,467 | € 1,579,818 | ▼ 32% |
| Employees (FTE) | 31.5 | 31 | 25.3 | 22.2 | ▼ 3.1 |
Key figures of Sinch Belgium, 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 Sinch Belgium?
What happened at Sinch Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.8 million. Source: NBB ↗
- Sean Depecker stepped down as director. NBB
- Anna Axhamre became a director. NBB
- Sean Depecker became a director. NBB
- Björn Zethraeus became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.6 million loss in 2022 to € 1.8 million loss in 2025.
Paid € 695,399 in corporate taxes since 2022.
On average € 99,400 of value added per employee in 2025.
A new publication or filing at Sinch Belgium? 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 Sinch Belgium are Björn Zethraeus and Anna Axhamre. The shares are held by Sinch Holding AB (100%).
Directors
According to the 2025 annual accounts
Björn Zethraeus
Director
since 2020
Anna Axhamre
Director
since 2025
Sean Depecker
Director
since 2022 · until 2026
Shareholders
Sinch Holding AB
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ankerrui 9 box 201
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →ZIM BELGIUM
€ 942,247 revenue · 2025
STELLAHAVEN EXPEDITIEBEDRIJF
JEUGDSPORT
€ 362,423 gross margin · 2025
ATMAP
€ 1.6 million gross margin · 2024
SupplyStack
€ 559,595 gross margin · 2024
+11 more
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
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
AWS Route 53
Domain
Domain
sinch.com
Registered
1997-12-03
Registrar
Key-Systems GmbH
Expires
2026-12-02
Website info
Features
Security
Network
Details
- Company number
- 0691.917.430
- VAT number
- BE 0691.917.430
- Registered office
- Ankerrui 9 bus 201, 2000 Antwerpen
- Names & denominations
- Sinch Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2018
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- sinch.com [email protected] 0486844040
- Activities · NACE
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