eTAIL Silk Road
The computed 12-month bankruptcy probability of eTAIL Silk Road is 4.0% (moderate). The 2024 annual accounts show negative equity (€-1.21M) and a net result of €-342k. Equity is shrinking by ~51% per year across the filed fiscal years. Its solvency ranks better than 5% of 131 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-1.21M |
| Net result | €-342k |
| Better than sector | 5% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -85.0% | 43.5% | |
| Net result | €-342k | €28k | |
| Equity | €-1.21M | €112k | |
| Gross operating margin | €-210k | €85k | |
| Staff costs | €61k | €235k |
Show 7 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €-342k |
| Cash flow | - |
| Staff costs | €61k |
| Income taxes | €151 |
| Dividends | - |
| Total assets | €1.42M |
| Equity | €-1.21M |
| Debt | €2.64M |
| of which ≤ 1y | €2.36M |
| of which > 1y | - |
| Working capital | €-938k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.60 |
| Quick ratio | 0.60 |
| Working capital ratio | -65.9% |
| Solvency | -85.0% |
| Debt / equity | -2.18 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -24.0% |
| ROE | 28.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.42M |
| Current assets | 29/58 | €1.42M |
| Amounts receivable within one year | 40/41 | €1.42M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.42M |
| Equity | 10/15 | €-1.21M |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-1.31M |
| Amounts payable | 17/49 | €2.64M |
| Amounts payable within one year | 42/48 | €2.36M |
| Trade debts payable within one year | 44 | €1.25M |
| Income statement | ||
| Gross operating margin | 9900 | €-210k |
| Operating result | 9901 | €-272k |
| Financial income | 75 | €19 |
| Financial charges | 65 | €71k |
| Result before taxes | 9903 | €-342k |
| Income taxes | 67/77 | €151 |
| Net result for the period | 9904 | €-342k |
| Result to be appropriated | 9905 | €-342k |
| NACE primary | Activiteiten van reclamebureaus(73110) |
| Legal form | Private limited company(610) |
| Incorporation | 21-12-2020 |
| Status | Active |
| Postal code | 1170 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0905/00H000 | Brussels | 8.3 ha | 1 · 1.3 ha | 51.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-05-2025 Alexis Van Bavel appointed as statutory auditor
- Alexis Van Bavel, Commissaris
Technical details
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"events": [
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"evidence_quote": "L\u0027organe d\u0027administration a donn\u00E9 une procuration sp\u00E9ciale \u00E0 ARCA FIDUCIAIRE SRL/Serge Thiry, expert-comptable certifi\u00E9, N\u00B0ITAA 11.193.493, habilit\u00E9 \u00E0 agir seul et avec possibilit\u00E9 de substitution aux fins d\u0027acter la d\u00E9cision \u00E0 publier au Moniteur belge.",
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},
"act_meta": {
"language": "fr",
"pub_date": "2025-05-13",
"filing_date": "2024-12-17",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2024-12-17",
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],
"is_correction": false,
"subject_company": {
"kbo": "0760.351.524",
"name_full": "eTAIL Silk Road",
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"person_name": null,
"org_rep_person_name": "Serge Thiry",
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}20-07-2023 Registered office moved from Bruxelles to Watermael-Boitsfort
- Avenue Louise 523 - 5è étage, 1050, Bruxelles → Boulevard du Souverain 25/5 1170 Watermael-Boitsfort
Technical details
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"events": [
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"raw": "Boulevard du Souverain 25/5\n1170 Watermael-Boitsfort",
"city": "Watermael-Boitsfort",
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"street": "Boulevard du Souverain",
"country": "BE",
"postcode": "1170",
"box_number": "5",
"street_number": "25",
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},
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"raw": "Avenue Louise 523 - 5\u00E8 \u00E9tage, 1050, Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": "5\u00E8 \u00E9tage",
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},
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},
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"effective_date": "2023-07-01",
"evidence_quote": "L\u0027unit\u00E9 d\u0027\u00E9tablissement situ\u00E9e au si\u00E8ge social est \u00E9galement d\u00E9plac\u00E9e \u00E0 cette adresse.",
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"publication_proxy": {
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"person_name": "Raoul DETRY",
"org_rep_person_name": null,
"person_role_at_subject": "Mandataire"
},
"co_filed_documents": []
}| Legal nameFR | eTAIL Silk Road |