SI Worx

Active

Private limited companyfounded 20223 yrs activeFelix Daelslaan 7, 3200 Aarschot, BelgiumKBO/BCE: BE 0792.988.955

The computed 12-month bankruptcy probability of SI Worx is 2.6% (moderate). The 2025 annual accounts show equity of €8k and a net result of €1k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 28% of 27386 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

81 / 100

Excellent▲ +31 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability77▲+77

Solvency51▲+3

Growth52▲+20

Stability94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.42 against 1.11 in 2024), and 73.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

on the day

2024

19 d early

2023

29 d late

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€8k▲ 18.3%

2024 · €7k

2023: €7k 2024: €7k

2023 → 2025

Total assets

€29k▲ 28.8%

2024 · €23k

2023: €35k 2024: €23k

2023 → 2025

Net result

€1k

2024 · €-422

2023: €3k 2024: €-422

2023 → 2025

Working capital

€7k▲ 359%

2024 · €2k

2023: €3k 2024: €2k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€7k-€7k▼ 5.9%€8k▲ 18.3%

Operating result€7k-€3k▼ 57.4%€5k▲ 42.6%

Net result€3k-€-422€1k

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 43% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €29k

17.9%

82.1%

Fixed assets €5k▼ 27.6%

Current assets €24k▲ 55.2%

Equity and liabilities €29k

26.9%

73.1%

Equity €8k▲ 18.3%

Debt €22k▲ 33.2%

The debt ratio rises from 70.8% to 73.1%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

EBITDA

€7k▲

2024 · €6k

Cash flow

€3k▲

2024 · €2k

Solvency

26.9%▼

2024 · 29.2%

Current ratio

1.42▲

2024 · 1.11

Quick ratio

1.31▲

2024 · 1.11

Debt / equity

2.72▲

2024 · 2.42

ROE

15.5%▲

2024 · -6.3%

ROA

4.2%▲

2024 · -1.8%

Interest coverage

2.43▲

2024 · 1.91

Debt

€22k▲

2024 · €16k

Debt ≤ 1 year

€17k▲

2024 · €14k

Debt > 1 year

€5k▲

2024 · €2k

Income taxes

€619▲

2024 · €444

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€23k€29k▲

Fixed assets21/28€7k€5k▼

Intangible fixed assets21€0-

Tangible fixed assets22/27€7k€5k▼

Furniture and vehicles24€7k€5k▼

Current assets29/58€16k€24k▲

Stocks and contracts in progress3-€2k

Stocks30/36-€2k

Amounts receivable within one year40/41€10k€15k▲

Trade receivables40€9k€14k▲

Other amounts receivable41€1k€884▼

Cash at bank and in hand54/58€3k€5k▲

Deferred charges and accrued income490/1€3k€2k▼

Equity and liabilities

Total equity and liabilities10/49€23k€29k▲

Equity10/15€7k€8k▲

Contributions10/11€4k€4k=

Reserves13€3k€4k▲

Distributable reserves133€3k€4k▲

Amounts payable17/49€16k€22k▲

Amounts payable after more than one year17€2k€5k▲

Financial debts170/4€2k€5k▲

Amounts payable within one year42/48€14k€17k▲

Current portion of amounts payable after more than one year42€2k€5k▲

Trade debts44€2k€5k▲

Suppliers440/4€2k€5k▲

Taxes, remuneration and social security45€444€619▲

Taxes450/3€444€619▲

Other amounts payable47/48€9k€6k▼

Income statement Code20242025

Non-recurring operating income76A€0-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼

Other operating charges640/8€770€693▼

Gross operating margin9900€7k€7k▲

Operating profit (loss)9901€3k€5k▲

Financial income75/76B€0€4▲

Recurring financial income75€0€4▲

Financial charges65/66B€3k€3k▼

Recurring financial charges65€3k€3k▼

Profit (loss) for the period before taxes9903€21€2k▲

Income taxes67/77€444€619▲

Profit (loss) for the period9904€-422€1k▲

Profit (loss) for the period to be appropriated9905€-422€1k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-422€1k▲

Transfer from equity791/2€422€0▼

Transfer to equity691/2€0€1k▲

To other reserves6921€0€1k▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

12-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-422 ▼114%

Net result drops to €-422, the lowest in the series; recovery starts the following year.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are 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, Aarschot · 1 establishment unit since 2022

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Felix Daelslaan 73200 Aarschot

Ground area

476 m²

Building footprint

86 m²

Volume, LiDAR

685 m³

Parcel 24001A0178/00E000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

SI Worx

Felix Daelslaan 7, 3200 AarschotGeneral electrical installation work

since 20222.337.701.186

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24001A0178/00E000	Flanders	476 m²	1 · 86 m²	10.9 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Aarschot2.337.701.186

1 permission

Verkooppunt LM>3 maand · since 22-04-2026

Similar companies · same sector, comparable size

Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 4,834 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-10-2022

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

43221Plumbing work

43222Installation of electric heating, air conditioning, cooling and ventilation

43240Other construction installation

46643Wholesale of electrical equipment, including installation materials

46842Wholesale trade

47632Retail sale of bicycles

95290Repair and maintenance of other personal and household goods

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

Website:www.si-worx.be

Enterprise

E-mail:info@si-worx.be

Enterprise