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Bart Sioen

Active
Private limited companyfounded 200916 yrs activeWaaienburgseweg 37, 8972 Poperinge, BelgiumKBO/BCE: BE 0821.019.579
Summary

Bart Sioen has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261,285 and a net result of €5,119. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€485,525total assets 2025
Equity
€261,285
Profit
€5,119
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts filed 25 d late0 of 2 deeds read
Why 94- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 2.77, cash €125,647+ Equity €261,285 (53.8% of total assets)+ Founded in 2009Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 53% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 79+4
equity 53.8% of total assets
Liquidity 79+2
short-term debt 15.4% · cash 25.9%
Profitability 70-2
return on assets 1.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)
Last 6 months 05-2026: 0.1% 06-2026: 0.1%▼ -3.2% vs 05-2026 07-2026: 0.1%▲ +9.9% vs 06-2026 08-2026: 0.2%▲ +116% vs 07-2026highest value 09-2026: 0.1%▼ -63.9% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 2.77, cash €125,647 lowers the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Equity €261,285 (53.8% of total assets) lowers the probability
  • Founded in 2009 lowers the probability for this profile
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 2.77 against 2.5 in 2024; short-term debt: 15.4% and cash: 25.9% of total assets), and 46.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 58%, liquidity 77%, profitability 38%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 2.77, cash €125,647
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Equity €261,285 (53.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2009
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
25 d late
2024
1 d late
2023
61 d early
2022
67 d early
2021
59 d early
2020
12 d late
2019
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 June (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Among the best 12% on equitysector median €58,290 · 30,662 companies €261,285 View
  • Positive: 8 profitable years in a rowprofit 2025: €5,119 8 years View
  • Total assets 20256 fiscal years filed €485,525 View

By topic

Financials

Fiscal year
2025
Total assets
€485,525
Profit
€5,119
Solvency
53.8%
Total assets▼ 5.4%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 25-08-2026Annual accounts filed
  2. 01-08-2025Annual accounts filed
  3. 31-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
01-12-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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