Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
- Figures corrected afterwards (2021).
Gross margin
€ -7,563
▼ 11754% vs 2024
Profit
Growing€ 1.5 million
▲ 163% vs 2024
Debts
Low€ 1.4 million
▲ 778% vs 2024
SIETH INVEST from Elsene, company number BE0893925175, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year SIETH INVEST recorded a gross margin of € -7,563 and equity of € 54 million. Compared with financial year 2024, the result moved from € 572,067 to € 1.5 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
What happened at SIETH INVEST?
What happened at SIETH INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 163% vs 2024). Source: NBB ↗
- Erol KANDIYOTI stepped down as director. NBB
- Melissa KANDIYOTI stepped down as director. NBB
- Sacha KANDIYOTI stepped down as director. NBB
- Barbara Kandiyoti stepped down as director. NBB
- Erol KANDIYOTI became a director. NBB
- Melissa KANDIYOTI became a director. NBB
- Sacha KANDIYOTI became a director. NBB
In short
From € 5,169 loss in 2021 to € 1.5 million profit in 2025.
Paid € 9,871 in corporate taxes since 2021.
Best year ever: 2025, with € 1.5 million profit.
Paid out € 2.1 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns 33.3% of K FINANCE and 33.3% of KREST itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2020 · until 2026
Sacha KANDIYOTI
Director
Also active at: K FINANCE COORDINATION & SERVICES, KREST REAL ESTATE INVESTMENTS, KREST 2 +3 more
since 2020 · until 2026
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Louizalaan 221 box 4
1050 Elsene
Louizalaan 221
1050 Elsene
Active since 28 November 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
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Details
- Company number
- 0893.925.175
- VAT number
- BE 0893.925.175
- Registered office
- Louizalaan 221 bus 4, 1050 Elsene
- Names & denominations
- SIETH INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2007
- Peppol
- Active · Active since 5 Feb 2026