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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Sisu Group from Antwerpen, company number BE0789743514, closed financial year 2025 with a result of € -175,511 after tax. For that financial year Sisu Group recorded revenue of € 2.9 million and equity of € 8.8 million. Compared with financial year 2024, the result moved from € -336,615 to € -175,511. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 8.8 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -175,511
▲ 48 % less loss than in 2024
Profit after tax over the fiscal year.
€ 122,394
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
16.2
Average over the fiscal year, from the social balance sheet.
€ 693,855
€ 42,800 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.
€ 9,772
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.1 million
▲ 53% vs 2024
€ 650,000 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 653,709
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 646,909
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 1,875,466 | € 2,183,120 | € 2,922,587 | ▲ 34% |
| Profit after taxes | € -571,283 | € -336,615 | € -175,511 | ▲ € 161,104 |
| Equity | € 9,263,717 | € 8,927,102 | € 8,751,591 | ▼ 2% |
| Total debts | € 12,117,566 | € 10,622,195 | € 17,856,537 | ▲ 68% |
| Cash | € 32,272 | € 220,808 | € 122,394 | ▼ 45% |
| Retained profit | € -571,283 | € -907,898 | € -1,083,409 | ▼ € 175,511 |
| Bank debt | € 5,300,000 | € 4,650,000 | € 7,100,000 | ▲ 53% |
| Balance sheet total | € 21,381,283 | € 19,549,297 | € 26,608,128 | ▲ 36% |
| Employees (FTE) | - | - | 16.2 |
Key figures of Sisu Group, fiscal years 2023 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 Sisu Group?
What happened at Sisu Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 175,511. Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- New establishment in Antwerpen. KBO
- Down2Earth Capital II CommV became a director. NBB
- Vipu BV became a director. NBB
- Stéphane Collignon became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 571,283 loss in 2023 to € 175,511 loss in 2025.
Paid € 975 in corporate taxes since 2023.
Pays suppliers within 55 days on average.
A new publication or filing at Sisu Group? 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
The stake of Down2Earth Capital II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Sisu GroupBehind Sisu Group are Down2Earth Capital II CommV, Vipu BV and Stéphane Collignon. The shares are held by Down2Earth Capital II (45.8%). It owns 100% of Summit Consulting Group, 100% of Catalay and 100% of Evertys itself.
Directors
According to the 2025 annual accounts
Director · represented by Alain Keppens
Also active at: Loda, HG Beheer, CYCLOBILITY, European Sheet Metal and Assembly, B-15, THE WALLFASHION HOUSE, SalixCo, Grandeco Wallfashion Group - Belgium +2 more
since 2022
Director · represented by Regis De Preter
Also active at: DPS International, Rentaltec, Ensur Ventures, TM Holding, QualiHold, Ariad Group, Medical Holding, Roasting Collective
since 2022
since 2022
Shareholders
45.8%
Participations
Establishments
Establishment units
Physical locations of this company
Italiëlei 88
2000 Antwerpen
Chaussée de Nivelles 83
1420 Braine-l'Alleud
Active since 29 December 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →VISION4CARE
€ 448,405 gross margin · 2026
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€ 975,340 gross margin · 2025
BTW-EENHEID SISU
Sisu: STAK
Strand Associates Consulting
€ 21.2 million revenue · 2025
+4 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
- 0789.743.514
- VAT number
- BE 0789.743.514
- Registered office
- Italiëlei 88, 2000 Antwerpen
- Names & denominations
- Sisu Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 2022
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings