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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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Sinari Benelux from Ieper, company number BE0731751469, closed financial year 2025 with a result of € 221,157 after tax. For that financial year Sinari Benelux recorded a gross margin of € 1.6 million and equity of € 336,784. Compared with financial year 2024, the result moved from € 173,756 to € 221,157. Profitable, and profit is growing. 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 July 24, 2026.
€ 336,784
▲ 191% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 221,157
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 208,765
▲ 171% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 271,440.
People and assets in 2025
13
▼ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 19% vs 2024
€ 102,300 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.
€ 24,463
▲ 158% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 303,201
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 267,543
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,215,868 | € 2,036,389 | € 1,782,549 | € 1,606,193 | ▼ 10% |
| Profit after taxes | € 587,842 | € 419,248 | € 173,756 | € 221,157 | ▲ 27% |
| Equity | € 72,622 | € 91,870 | € 115,627 | € 336,784 | ▲ 191% |
| Total debts | € 1,245,379 | € 1,142,658 | € 874,258 | € 570,744 | ▼ 35% |
| Cash | € 129,205 | € 11,669 | € 77,111 | € 208,765 | ▲ 171% |
| Retained profit | € 7,278 | € 26,527 | € 50,283 | € 271,440 | ▲ € 221,157 |
| Dividend | € 600,000 | € 400,000 | € 150,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,318,001 | € 1,234,528 | € 989,884 | € 907,528 | ▼ 8% |
| Employees (FTE) | 14.8 | 16.2 | 17.3 | 13 | ▼ 4.3 |
Key figures of Sinari Benelux, 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 Sinari Benelux?
What happened at Sinari Benelux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- P2O Conseil BO stepped down as director. NBB
- Nicolas Ducourthial stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 221,157 (▲ 27% vs 2024). Source: NBB ↗
- P2O Conseil BO became a director. NBB
- Nicolas Ducourthial became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 587,842 profit in 2022 to € 221,157 profit in 2025.
Paid € 576,687 in corporate taxes since 2022.
Best year ever: 2022, with € 587,842 profit.
On average € 123,600 of value added per employee in 2025.
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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 2025 annual accounts
Nicolas Ducourthial
Director
since 2025 · until 2031
P2O Conseil BO
Director · represented by Pierre Polette
since 2026 · until 2032
Establishments
Establishment units
Physical locations of this company
Ter Waarde 50 box 4c
8900 Ieper
Ter Waarde 73
8900 Ieper
Active since 31 July 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Vintia
€ 18.1 million revenue · 2025
DECOSTERE ACCOUNTANCY IEPER
€ 917,639 gross margin · 2025
CCV BELGIUM
€ 26.1 million revenue · 2025
BREVER
€ 27,422 gross margin · 2024
SAG International
€ 325,560 revenue · 2025
+9 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
UNIFIEDLAYER-AS-1 - Unified Layer, US
Domain
Domain
tas-tms.com
Registered
2011-08-12
Registrar
Gandi SAS
Expires
2026-08-12
Website info
Features
Security
Details
- Company number
- 0731.751.469
- VAT number
- BE 0731.751.469
- Registered office
- Ter Waarde 50 bus 4c, 8900 Ieper
- Names & denominations
- Sinari Benelux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 July 2019
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- tas-tms.com
- Activities · NACE
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