Sia Store

Active

Private limited companyfounded 20205 yrs activeDonkerstraat(NEE) 42, 3040 Huldenberg, BelgiumKBO/BCE: BE 0756.783.409

The computed 12-month bankruptcy probability of Sia Store is 1.8% (moderate). The 2024 annual accounts show equity of €194k and a net result of €43k. Equity is growing by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 26056 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

93 / 100

Excellent▼ -7 vs 2023

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

Axes · tick = 2023

Profitability100=

Solvency100=

Growth78=

Stability94

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €18k at 30 days acceptable

Liquidity ample (current ratio 3.34 against 2.96 in 2023), and 25.7% 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

Four 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 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

81 d late

2023

31 d late

2022

4 d early

2021

31 d late

← before the deadline after the 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 2024, micro schema

Equity

€194k▲ 28.6%

2023 · €151k

2021: €60k 2022: €97k 2023: €151k

2021 → 2024

Total assets

€261k▲ 29.7%

2023 · €201k

2021: €148k 2022: €206k 2023: €201k

2021 → 2024

Net result

€43k▼ 18.9%

2023 · €53k

2021: €30k 2022: €38k 2023: €53k

2021 → 2024

Working capital

€153k▲ 54.7%

2023 · €99k

2021: €4k 2022: €38k 2023: €99k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€60k-€97k▲ 63.1%€151k▲ 54.6%€194k▲ 28.6%

Operating result€37k-€55k▲ 49.5%€71k▲ 29.6%€57k▼ 19.1%

Net result€30k-€38k▲ 26.9%€53k▲ 41.1%€43k▼ 18.9%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 19% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €261k

16.2%

83.8%

Fixed assets €42k▼ 18.2%

Current assets €218k▲ 46.3%

Equity and liabilities €261k

74.3%

25.7%

Equity €194k▲ 28.6%

Debt €67k▲ 32.7%

The debt ratio rises from 25.1% to 25.7%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€67k▼

2023 · €81k

Cash flow

€53k▼

2023 · €63k

Solvency

74.3%▼

2023 · 74.9%

Current ratio

3.34▲

2023 · 2.96

Quick ratio

1.67▲

2023 · 1.37

Debt / equity

0.35▲

2023 · 0.33

ROE

22.3%▼

2023 · 35.3%

ROA

16.6%▼

2023 · 26.5%

Interest coverage

449.35▲

2023 · 164.97

Debt

€67k▲

2023 · €50k

Debt ≤ 1 year

€65k▲

2023 · €50k

Income taxes

€17k▼

2023 · €20k

Staff costs

€6k▲

2023 · €3k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€201k€261k▲

Fixed assets21/28€52k€42k▼

Tangible fixed assets22/27€52k€42k▼

Furniture and vehicles24€2k€896▼

Other tangible fixed assets26€50k€41k▼

Current assets29/58€149k€218k▲

Stocks and contracts in progress3€80k€109k▲

Stocks30/36€80k€109k▲

Amounts receivable within one year40/41€21k€908▼

Trade receivables40€21k-

Other amounts receivable41€752€908▲

Cash at bank and in hand54/58€48k€108k▲

Equity and liabilities

Total equity and liabilities10/49€201k€261k▲

Equity10/15€151k€194k▲

Contributions10/11€30k€30k=

Reserves13€121k€164k▲

Distributable reserves133€121k€164k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€50k€67k▲

Amounts payable within one year42/48€50k€65k▲

Trade debts44€5k€14k▲

Suppliers440/4€5k€14k▲

Taxes, remuneration and social security45€41k€48k▲

Taxes450/3€41k€48k▲

Remuneration and social security454/9€72€443▲

Other amounts payable47/48€4k€4k▼

Accrued charges and deferred income492/3-€1k

Income statement Code20232024

Remuneration, social security and pensions62€3k€6k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼

Other operating charges640/8€64-

Gross operating margin9900€84k€73k▼

Operating profit (loss)9901€71k€57k▼

Financial income75/76B€3k€3k▼

Recurring financial income75€3k€3k▼

Financial charges65/66B€491€149▼

Recurring financial charges65€491€149▼

Profit (loss) for the period before taxes9903€73k€60k▼

Income taxes67/77€20k€17k▼

Profit (loss) for the period9904€53k€43k▼

Profit (loss) for the period to be appropriated9905€53k€43k▼

Appropriation of the result

Profit (loss) to be appropriated9906€53k€43k▼

Profit (loss) brought forward from the previous period14P-€0

Transfer to equity691/2€53k€43k▼

To other reserves6921€53k€43k▼

The notes to these accounts (4 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 7Financial 3Filings 4

2025

20-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 81 days late

2024

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-12

Financial Highest result since 2021net €53k ▲41.1%

Operating result €71k, net result €53k, both a record.

31-12

Financial Liquidity doublescurrent ratio 2.96

Current ratio from 1.35 to 2.96; short-term debt falls from €108k to €50k.

31-12

Financial Equity above €150kEq €151k ▲54.6%

3 profitable years in a row build equity to €151k.

27-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 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, Huldenberg · 1 establishment unit since 2020

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.

Donkerstraat(NEE) 423040 Huldenberg

Ground area

2,147 m²

Building footprint

364 m²

Volume, LiDAR

2,896 m³

2 parcels, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Sia Store

Leuvensesteenweg 1, 3080 TervurenRetail sale of women's outerwear

since 20202.308.846.854

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24075B0246/00X005	Flanders	1,980 m²	1 · 197 m²	7.5 m · 1 fl.
24302D0059/00H000	Flanders	167 m²	1 · 167 m²	13.8 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

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

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid

Year	Entries	awarded	paid
2022	1	2,000 EUR	2,000 EUR

Schemes

Hinderpremie bij openbare werken

1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Welkenraedt · Eq €195k

Of 6,459 companies in sector 47716 we hold annual accounts for 2,424. 1,786 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded20-10-2020

Fiscal year end31-12

Activities, NACEBEL

47716Retail sale of clothing and accessories for women, men, children and babies (general range)

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

Website:www.siastore.be

Enterprise

E-mail:laura@siastore.be

Enterprise