Sicorp NV

The annual accounts of Sicorp in plain language: turnover, profit and equity from 2023 to 2025.

Updated on 06/10/2026

ActiveActivities of holding companies

Full profile

See everything about Sicorp

Health check, financial year in detail, 10 years of history and the board.

Start your free trial Unlimited with Pro, €6 per monthFree until 30 November: everything in Pro. After that your account stays free, with 5 full profiles per month. No card.

NBB · financial year 2025 · full format · filed on 16/07/2026

filed 16/07/2026

The essentials

financial year 2025

Sicorp made a profit in 2025 and sold over 51,000 euro.

Profit in 2025
Filed on time
+1 signal with Pro

Click a tile: Key figures below shows that figure.

Annual accounts, explained in plain language

new

Financial year 2025 closed with a profit of €194,291. In 2024 there was a profit of €32.77m. amounts to €524.97m, or 94% of .

Read the whole page Pro PDF Pro

Written from the filed annual accounts, using fixed rules. Not financial advice.

Key figures

Click a figure: the chart shows it. Click a year: the whole page switches to that year. Sector: Activities of holding companies · NACE 64.210 · no staff, balance sheet of 10 million or more · West Flanders.

Results

People and equity

Cash and debt

· sales and services (only in the full format)€51,445 in 2025

First financial year shown

This company

Where the money goes Pro

the story of 2025 · Filed on 16/07/2026

Profit€61,000Stays in the company€41,000To the shareholders€20,000

What do these steps mean?

Gross margin: what is left of sales after purchases and services (e.g. rent, energy, subcontracting)
Staff costs: wages, social security contributions and pensions
Other costs: write-downs, provisions and miscellaneous operating costs
Depreciation: the annual wear and tear on buildings, machinery and vehicles
Financial result: interest and other financial income minus costs
Taxes: corporate income tax

Where does the money go?From gross margin to profit, assets and financing, and what happens to the profit, per financial year. This is part of Nummo Pro.Start your free trial

Assets and financing Pro

snapshot at 31/12/2025

What the company owns · where the money goes

Fixed assetsbuildings, machinery, vehicles, holdings€310,000

Inventories€90,000

Receivableswhat customers and others still owe€260,000

Cashin the bank and invested€320,000

How it is financed · where the money comes from

Equitycapital and retained earnings€420,000 · 43%

Debts due after more than one year€180,000

Debts due within one year€380,000Suppliers€150,000Other (e.g. dividend payable)€100,000Taxes and wages€90,000Bank and loans€40,000

Assets and financingWhat the company owns and how it paid for it, in euros and per 100 euros, per financial year. This is part of Nummo Pro.Start your free trial

Health check Not applicable to holding and real estate companies: their balance sheet consists mainly of participations or buildings, which distorts the Altman model. Altman model (Z'')

Position in the sector Pro

Compared with252 companiesActivities of holding companies · NACE 64.210 · no staff, balance sheet of 10 million or more · West FlandersChoose another group →

Gross margin€250,000

Higher than 62% of the group
median €250,000

Gross margin growth (3 years)+6% per year

Higher than 48% of the group
median +6% per year

Solvency38%

Higher than 71% of the group
median 38%

Liquidity1.40

Higher than 55% of the group
median 1.40

Staff12 FTE

Higher than 40% of the group
median 12 FTE

middle half of the groupmedian

Ranking by gross margin#12 of 80in this group · #140 of 900 with the same activity in Belgium

View the largest in this activity Compare with the closest competitorsSame activity, nearby, similar size

How does this company compare with its sector?Percentiles, ranking and the closest competitors are part of Nummo Pro.Start your free trialNo card needed. After that 6 euros per month or 49 euros per year, excl. VAT.

All figuresPut them next to these figures

Free: five basic figures over five years. With Pro: every item, up to ten years.

Results

Balance sheet

With Pro

Turnover

Staff costs

EBITDA

Operating result

Short-term debts

Cash and cash equivalents

Working capital

Staff (FTE)

in thousands of euroschange from the previous year	2025	2025	2024	2023
Results
	-42	118-42%	203+34%	152
9904	194-99%	32,034-2%	32,769-54%	71,215
Balance sheet
10/15	524,9720%	524,7780%	525,968+1%	522,591
20/58	558,2610%	558,0810%	555,481-4%	580,114
Debts	33,2860%	33,295+13%	29,500-49%	57,507
With Pro
Turnover	9.415	412.730	84.210	1.207.450
Staff costs	1.207.450	63.980	9.415	412.730
EBITDA	1.207.450	63.980	9.415	412.730
Operating result	1.207.450	63.980	9.415	412.730
Short-term debts	1.207.450	63.980	9.415	412.730
Cash and cash equivalents	84.210	1.207.450	63.980	9.415
Working capital	84.210	1.207.450	63.980	9.415
Staff (FTE)	1.207.450	63.980	9.415	412.730

17 more figures and up to 10 years back plus sector, health and cash flowStart your free trial

Ratios calculated by Nummo: solvency = equity / balance sheet total, liquidity = current assets / short-term debts. Sector median: Activities of holding companies · NACE 64.210 · no staff, balance sheet of 10 million or more · West Flanders. Micro and abridged formats do not report turnover; that is why the gross margin takes centre stage.

Sources

Board, registered office, activities, mergers: Crossroads Bank for Enterprises, as of 14/10/2026 · view ↗
Figures, shareholders, subsidiaries, audit: Annual accounts to 31/12/2025, filed on 16/07/2026 with the National Bank · view ↗
Deeds and publications: Belgian Official Gazette, latest on 23/01/2026 · view ↗

Only what was officially filed. We never show addresses of individuals. Something wrong? Let us know.