Financials
Financial year 2025
SINMAG EUROPE from Blankenberge, company number BE0875548328, closed financial year 2025 with a result of € 1 million after tax. For that financial year SINMAG EUROPE recorded revenue of € 12.2 million and equity of € 5.8 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1 million. 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 December 19, 2025.
€ 5.8 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 2 million
▲ 200% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 804,602 paid out
79 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.1
Average over the fiscal year, from the social balance sheet.
€ 748,419
▼ 3% vs 2024
€ 74,100 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.
€ 131,649
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 236,327
▲ 6% vs 2024
€ 60,290 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 952,165
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 134,173
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,968,568 | € 10,458,606 | € 11,284,021 | € 12,231,413 | ▲ 8% |
| Profit after taxes | € 960,896 | € 764,984 | € 1,100,336 | € 1,016,261 | ▼ 8% |
| Equity | € 4,250,914 | € 4,783,242 | € 5,553,982 | € 5,765,641 | ▲ 4% |
| Total debts | € 1,734,162 | € 1,702,399 | € 2,008,852 | € 2,216,247 | ▲ 10% |
| Cash | € 629,814 | € 988,053 | € 680,605 | € 2,038,671 | ▲ 200% |
| Retained profit | € 4,185,914 | € 4,718,242 | € 5,488,982 | € 5,700,641 | ▲ 4% |
| Dividend | € 387,760 | € 232,656 | € 329,596 | € 804,602 | ▲ 144% |
| Bank debt | € 66,817 | € 310,863 | € 223,064 | € 236,327 | ▲ 6% |
| Balance sheet total | € 5,985,076 | € 6,485,641 | € 7,562,834 | € 7,981,888 | ▲ 6% |
| Employees (FTE) | 10.1 | 10.6 | 10.1 | 10.1 |
Key figures of SINMAG EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SINMAG EUROPE?
What happened at SINMAG EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▼ 8% vs 2024). Source: NBB ↗
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
In short
From € 960,896 profit in 2022 to € 1 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.1 million profit.
Paid out € 1.8 million in dividends to the owners in total.
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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 SINMAG EUROPE are Patrick VDB BV, Philippe Delhez CommV, Gilbert VDB BV and ELISE VDB BV. Patrick VDB BV is also behind VAN DEN BROUCKE BAKKERIJMACHINES and XAVIS. Gilbert VDB BV is also behind VDB INVEST and VAN DEN BROUCKE BAKKERIJMACHINES. ELISE VDB BV is also behind XAVIS.
Directors
According to the 2025 annual accounts
Managing director · represented by Patrick Van Den Broucke
Also active at: VAN DEN BROUCKE BAKKERIJMACHINES, XAVIS
Managing director · represented by Philippe Delhez
Director · represented by Gilbert Van Den Broucke
Also active at: VDB INVEST, VAN DEN BROUCKE BAKKERIJMACHINES
Establishments
Establishment units
Physical locations of this company
Neringstraat 2
8370 Blankenberge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0875.548.328
- VAT number
- BE 0875.548.328
- Registered office
- Neringstraat 2, 8370 Blankenberge
- Names & denominations
- SINMAG EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 2005
- Peppol
- Active · Active since 29 Sept 2025
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