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S.I.E GROUP

Active
Private limited companyfounded 20242 yrs activeHulpstraat 22, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 1007.791.002
Summary

The computed 12-month bankruptcy probability of S.I.E GROUP is 2.4% (moderate). The 2025 annual accounts show negative equity (-€45,446) and a net result of -€50,446. Its solvency ranks better than 17% of 14220 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability23
Solvency22
Growth-
Track record67
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52; short-term debt: 72% and cash: 8.6% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-3.3%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-09-2026, 44 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 · 1 filing
Deviation from the deadline
2025
44 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

S.I.E GROUP was incorporated on 29 March 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€45,446
Total assets
€1.4m
Net result
-€50,446
Working capital
-€475,406

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €1.4m
Fixed assets €857,912
Current assets €511,035
Key figures and ratios
2025 value
EBITDA
€25,001
Cash flow
€2,283
Solvency
-3.3%
Current ratio
0.52
Quick ratio
0.19
Debt to equity
-31.16
ROA
-3.7%
Interest coverage
1.11
Debt
€1.4m
Debt ≤ 1 year
€986,441
Debt > 1 year
€429,571
Income taxes
€122

Peer companies

Historical observation

Of the 1,253 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss
0.9% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,253 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 47 lines
Balance sheet Code2025
Assets
Total assets20/58€1.4m
Formation expenses20€1,619
Fixed assets21/28€857,912
Intangible fixed assets21€86,216
Tangible fixed assets22/27€771,696
Land and buildings22€697,249
Furniture and vehicles24€22,486
Leasing and similar rights25€47,736
Other tangible fixed assets26€4,224
Current assets29/58€511,035
Stocks and contracts in progress3€322,412
Stocks30/36€322,412
Amounts receivable within one year40/41€39,477
Trade receivables40€20,681
Other amounts receivable41€18,796
Current investments50/53€7,500
Cash at bank and in hand54/58€117,563
Deferred charges and accrued income490/1€24,083
Equity and liabilities
Total equity and liabilities10/49€1.4m
Equity10/15-€45,446
Contributions10/11€5,000
Profit (loss) carried forward14-€50,446
Amounts payable17/49€1.4m
Amounts payable after more than one year17€429,571
Financial debts170/4€429,571
Amounts payable within one year42/48€986,441
Current portion of amounts payable after more than one year42€32,141
Trade debts44€19,490
Suppliers440/4€19,490
Taxes, remuneration and social security45€8,363
Taxes450/3€5,015
Remuneration and social security454/9€3,349
Other amounts payable47/48€926,447
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52,729
Other operating charges640/8€2,121
Non-recurring operating charges66A€22,780
Gross operating margin9900€49,902
Operating profit (loss)9901-€27,728
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€22,600
Recurring financial charges65€22,600
Profit (loss) for the period before taxes9903-€50,324
Income taxes67/77€122
Profit (loss) for the period9904-€50,446
Profit (loss) for the period to be appropriated9905-€50,446
Appropriation of the result
Profit (loss) to be appropriated9906-€50,446

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52,729
Other operating charges640/8€2,121
Non-recurring operating charges66A€22,780
Gross operating margin9900€49,902
Operating profit (loss)9901-€27,728
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€22,600
Recurring financial charges65€22,600
Profit (loss) for the period before taxes9903-€50,324
Income taxes67/77€122
Profit (loss) for the period9904-€50,446
Profit (loss) for the period to be appropriated9905-€50,446
Line2025
Assets
Total assets20/58€1.4m
Formation expenses20€1,619
Fixed assets21/28€857,912
Intangible fixed assets21€86,216
Tangible fixed assets22/27€771,696
Land and buildings22€697,249
Furniture and vehicles24€22,486
Leasing and similar rights25€47,736
Other tangible fixed assets26€4,224
Current assets29/58€511,035
Stocks and contracts in progress3€322,412
Stocks30/36€322,412
Amounts receivable within one year40/41€39,477
Trade receivables40€20,681
Other amounts receivable41€18,796
Current investments50/53€7,500
Cash at bank and in hand54/58€117,563
Deferred charges and accrued income490/1€24,083
Equity and liabilities
Total equity and liabilities10/49€1.4m
Equity10/15-€45,446
Contributions10/11€5,000
Profit (loss) carried forward14-€50,446
Amounts payable17/49€1.4m
Amounts payable after more than one year17€429,571
Financial debts170/4€429,571
Amounts payable within one year42/48€986,441
Current portion of amounts payable after more than one year42€32,141
Trade debts44€19,490
Suppliers440/4€19,490
Taxes, remuneration and social security45€8,363
Taxes450/3€5,015
Remuneration and social security454/9€3,349
Other amounts payable47/48€926,447
Line2025
Profit (loss) for the period9904-€50,446
+ Depreciation and write-downs630€52,729
Operating cash flow (approximation)€2,283

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
13-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 44 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
455 m²
Building footprint
494 m²
Volume, LiDAR
4,186 m³
2 parcels, Brussels · tallest building 18.1 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
Spacersly
Hulpstraat 22, 1210 Sint-Joost-ten-NodeIT consultancy
since 20242.359.141.651
Spacersly
Vandernootstraat 27, 1080 Sint-Jans-MolenbeekIT consultancy
since 20242.363.007.991
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21012A0090/00T002 Brussels 396 m² 1 · 405 m² 18.1 m · 3 fl.
21014A0243/00D008 Brussels 59 m² 1 · 89 m² 13.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

9845005Z005440043T08
live in the LEI register

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007791002

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.