Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
SIENA from Koksijde, company number BE0880958750, closed financial year 2025 with a result of € 12,433 after tax. For that financial year SIENA recorded a gross margin of € 153,408 and equity of € 503,239. Compared with financial year 2024, the result moved from € -32,129 to € 12,433. 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 March 31, 2026.
€ 503,239
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,433
▲ still € 32,129 loss in 2024
Profit after tax over the fiscal year.
€ 4,080
▲ 79% 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 € 484,639.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 8,425
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 207,454
▼ 73% vs 2024
€ 13,000 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 30,600
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,224
▲ € 21,234 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,830 | € 44,027 | € 53,424 | € 153,408 | ▲ 187% |
| Profit after taxes | € 1,784 | € 50,847 | € -32,129 | € 12,433 | ▲ € 44,563 |
| Equity | € 472,088 | € 522,935 | € 490,806 | € 503,239 | ▲ 3% |
| Total debts | € 755,151 | € 828,248 | € 817,190 | € 300,471 | ▼ 63% |
| Cash | € 6,831 | € 6,911 | € 2,279 | € 4,080 | ▲ 79% |
| Land & buildings | € 1,205,505 | € 1,299,527 | € 1,297,761 | € 756,752 | ▼ 42% |
| Retained profit | € 453,488 | € 504,335 | € 472,206 | € 484,639 | ▲ 3% |
| Bank debt | € 213,311 | € 787,973 | € 775,197 | € 207,454 | ▼ 73% |
| Balance sheet total | € 1,273,889 | € 1,396,310 | € 1,351,599 | € 811,893 | ▼ 40% |
Key figures of SIENA, 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 April 2027.
What happened to SIENA?
What happened at SIENA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,433. Source: NBB ↗
- Nathalie Hillaert became a director. NBB
- New establishment in Koksijde. KBO
- Werner Nies became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,784 profit in 2022 to € 12,433 profit in 2025.
Paid € 99,883 in corporate taxes since 2022.
Best year ever: 2023, with € 50,847 profit.
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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 SIENA are Nathalie Hillaert and Werner Nies. It owns 20% of Aandelen Loods 13 NV itself.
Directors
According to the 2025 annual accounts
since 2007
Werner Nies
Director
Also active at: PATISSERIE ALSACIENNE BLOCH, PANISTAR, COVIFOOD, Simply the Best, ESTORNUDO, Tasty Food Factory
since 2006
Establishments
Establishment units
Physical locations of this company
Willem Elsschotlaan(Kok) 1 box 105
8670 Koksijde
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
- 0880.958.750
- VAT number
- BE 0880.958.750
- Registered office
- Willem Elsschotlaan(Kok) 1 bus 105, 8670 Koksijde
- Names & denominations
- SIENA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2006
- Peppol
- Active · Active since 30 Oct 2025
- Activities · NACE
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