SI Consult
ActiveSummary
The computed 12-month bankruptcy probability of SI Consult is 10.1% (high). For SI Consult, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €259,390 and a net result of €29,750. Equity is growing by ~16.3% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability78▲+9
Solvency92▲+12
Growth52=
Track record92
Bankruptcy probability, 12 months
10.1%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2021Solvency, return and age of the figures
Solvency
67.1%
Return on assets
7.7%
Age of the figures
57 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-11-2022, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
120 d late
2020
31 d late
2019
84 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 78 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29,750▼ 43.7%
2020 · €52,802
Working capital
€17,765▲ 8.6%
2020 · €16,354
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€72,027-€27,320▼ 62.1%€75,164▲ 175%€43,430▼ 42.2%
Net result€54,024-€17,253▼ 68.1%€52,802▲ 206%€29,750▼ 43.7%
Equity€162,232-€178,438▲ 10.0%€230,440▲ 29.1%€259,390▲ 12.6%
Total assets€405,603-€395,757▼ 2.4%€417,655▲ 5.5%€386,855▼ 7.4%
Debt€243,371-€217,319▼ 10.7%€187,215▼ 13.9%€127,465▼ 31.9%
Working capital€35,962-€2,198▼ 93.9%€16,354▲ 644%€17,765▲ 8.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 42% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €386,855
Fixed assets
€312,295 ▼ 3.9%
Current assets
€74,560 ▼ 19.6%
Equity and liabilities €386,855
Equity
€259,390 ▲ 12.6%
Debt
€127,465 ▼ 31.9%
Debt's share of the balance-sheet total falls from 44.8% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58,697▼
2020 · €89,349
Cash flow
€45,017▼
2020 · €66,987
Current ratio
1.31▲
2020 · 1.21
Debt to equity
0.49▲
2020 · 0.48
ROE
11.5%▼
2020 · 22.9%
ROA
7.7%▼
2020 · 12.6%
Interest coverage
26.53
Debt ≤ 1 year
€56,796▼
2020 · €76,401
Debt > 1 year
€70,669▼
2020 · €110,815
Income taxes
€11,504▼
2020 · €20,439
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €100 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,347 | €13,694 | €14,185 | €15,267 | ▲ 7.6% |
| Other operating charges640/8 | - | - | - | €1,733 | - |
| Gross operating margin9900 | €86,099 | €42,616 | €90,964 | €60,430 | ▼ 33.6% |
| Operating profit (loss)9901 | €72,027 | €27,320 | €75,164 | €43,430 | ▼ 42.2% |
| Financial income75/76B | - | - | - | €36 | - |
| Recurring financial income75 | €731 | €686 | €940 | €36 | ▼ 96.1% |
| Financial charges65/66B | - | - | - | €2,212 | - |
| Recurring financial charges65 | €4,108 | €3,500 | €2,862 | €2,212 | ▼ 22.7% |
| Profit (loss) for the period before taxes9903 | €68,651 | €24,506 | €73,241 | €41,254 | ▼ 43.7% |
| Income taxes67/77 | €14,627 | €7,253 | €20,439 | €11,504 | ▼ 43.7% |
| Profit (loss) for the period9904 | €54,024 | €17,253 | €52,802 | €29,750 | ▼ 43.7% |
| Profit (loss) for the period to be appropriated9905 | €54,024 | €17,253 | €52,802 | €29,750 | ▼ 43.7% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €405,603 | €395,757 | €417,655 | €386,855 | ▼ 7.4% |
| Fixed assets21/28 | €322,762 | €330,218 | €324,901 | €312,295 | ▼ 3.9% |
| Tangible fixed assets22/27 | €322,762 | €330,218 | €324,901 | €312,295 | ▼ 3.9% |
| Land and buildings22 | - | - | - | €308,310 | - |
| Furniture and vehicles24 | - | - | - | €3,985 | - |
| Current assets29/58 | €82,841 | €65,539 | €92,754 | €74,560 | ▼ 19.6% |
| Amounts receivable within one year40/41 | €42,087 | €50,948 | €34,522 | €25,907 | ▼ 25.0% |
| Trade receivables40 | - | - | - | €22,422 | - |
| Other amounts receivable41 | - | - | - | €3,485 | - |
| Cash at bank and in hand54/58 | €40,293 | €12,917 | €56,535 | €46,213 | ▼ 18.3% |
| Deferred charges and accrued income490/1 | - | - | - | €2,440 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €405,603 | €395,757 | €417,655 | €386,855 | ▼ 7.4% |
| Equity10/15 | €162,232 | €178,438 | €230,440 | €259,390 | ▲ 12.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | - |
| Reserves13 | €14,088 | €31,341 | €84,143 | €113,893 | ▲ 35.4% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Tax-exempt reserves132 | - | - | - | €12,228 | - |
| Distributable reserves133 | - | - | - | €99,805 | - |
| Profit (loss) carried forward14 | €141,944 | €140,897 | €140,097 | €139,297 | ▼ 0.6% |
| Amounts payable17/49 | €243,371 | €217,319 | €187,215 | €127,465 | ▼ 31.9% |
| Amounts payable after more than one year17 | €196,492 | €153,978 | €110,815 | €70,669 | ▼ 36.2% |
| Financial debts170/4 | - | - | - | €70,669 | - |
| Amounts payable within one year42/48 | €46,879 | €63,341 | €76,401 | €56,796 | ▼ 25.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €40,145 | - |
| Trade debts44 | €2,005 | €12,673 | €1,954 | €968 | ▼ 50.5% |
| Suppliers440/4 | - | - | - | €968 | - |
| Taxes, remuneration and social security45 | - | - | - | €12,039 | - |
| Taxes450/3 | - | - | - | €12,039 | - |
| Other amounts payable47/48 | - | - | - | €3,644 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,024 | €17,253 | €52,802 | €29,750 | ▼ 43.7% |
| + Depreciation and write-downs630 | €12,347 | €13,694 | €14,185 | €15,267 | ▲ 7.6% |
| Operating cash flow (approximation) | €66,371 | €30,946 | €66,987 | €45,017 | ▼ 32.8% |
| Investment in fixed assets (approximation) | - | -€21,150 | -€8,868 | -€2,661 | ▲ 70.0% |
| Change in cash | - | -€27,376 | €43,617 | -€10,322 | ▼ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 120 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Equity above €200,000Eq €230,440 ▲29.1%
3 profitable years in a row build equity to €230,440.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet €17,253 ▼68.1%
Net result drops to €17,253, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2013
Ground area
3,190 m²
Building footprint
589 m²
Volume, LiDAR
8,485 m³
Parcel 21815D0284/00V000, Brussels · tallest building 19.6 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
SI Consult
since 20132.219.580.031
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0284/00V000 | Brussels | 3,190 m² | 1 · 589 m² | 19.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded31-05-2013
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.