Active · per the CBE, 16 September 2026

SITELEC

BE0754448875

Rechtspersoon Private limited company 1 establishment

SITELEC is an electrical contractor in Brussel. Private Limited, started on 15 September 2020, 1 establishment.

Pronkerwtlaan 172 box 1, 1120 Brussel

Behind the company: FARID SEHALI.

Active for

6 year

Financials

Financial year 2024

SITELEC from Brussel, company number BE0754448875, closed financial year 2024 with a result of € 22,467 after tax. For that financial year SITELEC recorded a gross margin of € 63,455 and equity of € 129,505. Compared with financial year 2023, the result moved from € 30,426 to € 22,467. 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 August 29, 2025.

What it is worth Growing

€ 129,505

▲ 20% vs 2023

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

Profit Healthy

€ 22,467

▼ 26% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 81,683

▲ 52% vs 2023

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

Where the profit goes Pays out

€ 859 paid out

4 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 11,249

▼ 27% vs 2023

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

€ 53,474

▼ 24% vs 2023

Of which on lease € 51,434.

Debts at end 2024

Bank debt ≈ 3 years to go

€ 35,480

▼ 23% vs 2023

€ 11,254 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 7,951

▼ 26% vs 2023

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

Wages and social charges

€ 838

▼ 96% vs 2023

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 54,472 € 81,073 € 71,145 € 63,455 ▼ 11%
Profit after taxes € 28,890 € 48,980 € 30,426 € 22,467 ▼ 26%
Equity € 30,090 € 78,270 € 107,897 € 129,505 ▲ 20%
Total debts € 31,225 € 45,808 € 78,984 € 45,128 ▼ 43%
Cash € 15,244 € 32,807 € 53,760 € 81,683 ▲ 52%
Retained profit € 28,090 € 76,270 € 105,897 € 127,505 ▲ 20%
Dividend € 800 € 800 € 800 € 859 ▲ 7%
Bank debt € 0 € 17,712 € 46,095 € 35,480 ▼ 23%
Balance sheet total € 61,315 € 124,078 € 186,881 € 174,633 ▼ 7%

Key figures of SITELEC, 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.

What happened to SITELEC?

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

  • New annual accounts for financial year 2024: profit of € 22,467 (▼ 26% vs 2023). filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 28,890 profit in 2021 to € 22,467 profit in 2024.

Paid € 34,043 in corporate taxes since 2021.

Best year ever: 2022, with € 48,980 profit.

Paid out € 3,259 in dividends to the owners in total.

Management

FARID SEHALI
SITELEC

Behind SITELEC is FARID SEHALI.

See the full network in the app

Directors

According to the 2024 annual accounts

FARID SEHALI

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Pronkerwtlaan 172 box 1

1120 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0754.448.875
VAT number
BE 0754.448.875
Registered office
Pronkerwtlaan 172 bus 1, 1120 Brussel
Names & denominations
SITELEC
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
15 September 2020
Peppol
Active · Active since 13 Oct 2025
Activities · NACE

Elektrotechnische installatiewerken van nijverheidsinrichtingen

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Frequently asked questions

What does SITELEC do?
SITELEC is an electrical contractor in Brussel. Private Limited, started on 15 September 2020, 1 establishment.
What is the address of SITELEC?
The registered office of SITELEC is located at Pronkerwtlaan 172 box 1, 1120 Brussel.
Is SITELEC still active?
Yes. According to the CBE (16 September 2026) SITELEC is active, legal situation “Normale toestand”, started on 15 September 2020.
Is SITELEC registered on Peppol?
Yes, SITELEC is registered on the Peppol network with ID 0208:0754448875.
What is the enterprise number of SITELEC?
The enterprise number of SITELEC is BE0754448875.
When was SITELEC founded?
SITELEC was founded on 15 September 2020.