Active · per the CBE, 25 September 2026

Sainz BidCo

BE1002867261

Rechtspersoon Private limited company 1 establishment

Sainz BidCo is an IT company in Gent. Private Limited, started on 30 November 2023, 1 establishment.

Technologiepark-Zwijnaarde 84, 9052 Gent

Behind the company: AstraLogix, Antartic BV, Lionel de Posson, Charles-Hubert Le Baron+6.

Active for

2 year, 9 months

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 7 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Sainz BidCo from Gent, company number BE1002867261, closed financial year 2025 with a result of € -29 million after tax. For that financial year Sainz BidCo recorded revenue of € 5 million and equity of € 201.7 million. Compared with financial year 2024, the result moved from € 9.7 million to € -29 million. The company made a loss. 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 June 8, 2026.

What it is worth Healthy

€ 201.7 million

▼ 2% vs 2024

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

Loss Caution

€ -29 million

▼ still € 9.7 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 591,001

▼ 54% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -19.3 million.

People and assets in 2025

Full-time equivalents

5.4

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 696,814

€ 129,000 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.

Debts at end 2025

Bank debt

€ 90 million

▼ 7% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 789,238

▲ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.

Taxes and wages

€ 547,963

▲ 219% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20242025Change 2024 → 2025
Revenue € 2,294,736 € 5,002,610 ▲ 118%
Profit after taxes € 9,665,264 € -28,999,710 ▼ € 38.7 million
Equity € 206,213,848 € 201,651,255 ▼ 2%
Total debts € 103,872,932 € 144,674,615 ▲ 39%
Cash € 1,277,220 € 591,001 ▼ 54%
Retained profit € 9,665,264 € -19,334,446 ▼ € 29 million
Bank debt € 96,457,418 € 90,000,000 ▼ 7%
Balance sheet total € 310,086,779 € 346,325,871 ▲ 12%
Employees (FTE) - 5.4

Key figures of Sainz BidCo, fiscal years 2024 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 Sainz BidCo?

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

  • New annual accounts for financial year 2025: loss of € 29 million (▼ € 38.7 million vs 2024). Source: NBB ↗
  • AstraLogix became a director. NBB
  • BFTC SAS became a director. NBB
  • Didier Seillier stepped down as director. NBB
  • Antartic BV became a director. NBB
  • Lionel de Posson became a director. NBB
  • Charles-Hubert Le Baron became a director. NBB
  • Astorg Asset Management became a director. NBB

In short

From € 9.7 million profit in 2024 to € 29 million loss in 2025.

Paid € 3,580 in corporate taxes since 2024.

Best year ever: 2024, with € 9.7 million profit.

Pays suppliers within 95 days on average.

Management

The stake of Sainz MidCo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Sainz BidCo

Behind Sainz BidCo are AstraLogix, Antartic BV, Lionel de Posson, Charles-Hubert Le Baron, Astorg Asset Management and Dessislava Nikolova. The shares are held by Sainz MidCo (100%). It owns 100% of Sofico and 93.8% of Ubench International itself.

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Directors

According to the 2025 annual accounts

AstraLogix

Director · represented by Wim De Bruyne

Also active at: SOFT AND INFORMATICS COMPANY, UBench International, Sainz TopCo, Sainz MidCo

since 2025

Antartic BV

Director · represented by Pieter Maes

Also active at: SOFT AND INFORMATICS COMPANY, Sofico Invest, Sainz TopCo, Sainz MidCo, Sainz PoolCo

since 2024

Lionel de Posson

Director

Also active at: Sainz TopCo

since 2024

Charles-Hubert Le Baron

Director

Also active at: SOFT AND INFORMATICS COMPANY, Sainz TopCo

since 2024

Astorg Asset Management

Director · represented by Bella Chestnova

Also active at: Sainz TopCo

since 2024

Dessislava Nikolova

Director

Also active at: Sainz TopCo

since 2024

Nathan Geerinck

Director

Also active at: Sainz TopCo

since 2024

Carraginn BV

Director · represented by Gerard Hompes

Also active at: SOFT AND INFORMATICS COMPANY, Sofico Invest, Sainz TopCo, Sainz MidCo, Sainz PoolCo

since 2024

BFTC SAS

Director · represented by Yves Bonnefont

Also active at: Sainz TopCo

since 2025

Didier Seillier

Director

Also active at: Sainz TopCo

since 2024 · until 2025

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Technologiepark-Zwijnaarde 84

9052 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
1002.867.261
VAT number
BE 1002.867.261
Registered office
Technologiepark-Zwijnaarde 84, 9052 Gent
Names & denominations
Sainz BidCo
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
30 November 2023
Peppol
Active · Active since 8 Sept 2026
Activities · NACE

Ontwerpen van computerprogramma’s

Activiteiten van hoofdkantoren

Frequently asked questions

What does Sainz BidCo do?
Sainz BidCo is an IT company in Gent. Private Limited, started on 30 November 2023, 1 establishment.
What is the address of Sainz BidCo?
The registered office of Sainz BidCo is located at Technologiepark-Zwijnaarde 84, 9052 Gent.
Is Sainz BidCo still active?
Yes. According to the CBE (25 September 2026) Sainz BidCo is active, legal situation “Normale toestand”, started on 30 November 2023.
Is Sainz BidCo registered on Peppol?
Yes, Sainz BidCo is registered on the Peppol network with ID 0208:1002867261.
What is the enterprise number of Sainz BidCo?
The enterprise number of Sainz BidCo is BE1002867261.
When was Sainz BidCo founded?
Sainz BidCo was founded on 30 November 2023.