SIALKA
ActiveSummary
SIALKA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.94M and a net result of €94k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability21▲+8
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €330k at 30 days acceptable
Liquidity ample (current ratio 10.18 against 11.94 in 2024; short-term debt: 5.5% and cash: 1.9% of total assets), and 6.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.5%
Return on assets
1.8%
Age of the figures
9 mo
raises risk · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
16 d early
2023
343 d late
2022
241 d late
2021
94 d late
2020
152 d late
2019
153 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.39M▼ 25.8%
2018 · €1.87M
2018: €1.87M
2019: €1.39M▼ -25.8% vs 2018
2018 → 2019
EBIT margin
1.5%▼ 18.3pp
2018 · 19.8%
2018: 19.8%
2019: 1.5%▼ -92.6% vs 2018
2018 → 2019
Net result
€94k
2024 · €-255k
2018: €363k
2019: €330k▼ -9.1% vs 2018
2020: €-161k▼ -149% vs 2019
2021: €3.28M▲ +2139% vs 2020highest in 8 years
2022: €609k▼ -81.4% vs 2021
2023: €110k▼ -81.9% vs 2022
2024: €-255k▼ -331% vs 2023lowest in 8 years
2025: €94k▲ +137% vs 2024
2018 → 2025
Working capital
€2.66M▼ 5.7%
2024 · €2.82M
2018: €195k
2019: €325k▲ +66.3% vs 2018
2020: €-76k▼ -123% vs 2019lowest in 8 years
2021: €2.20M▲ +3012% vs 2020
2022: €2.86M▲ +29.6% vs 2021
2023: €3.02M▲ +5.8% vs 2022highest in 8 years
2024: €2.82M▼ -6.5% vs 2023
2025: €2.66M▼ -5.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.60M-€5.21M▲ 13.2%€5.32M▲ 2.1%€5.07M▼ 4.8%€4.94M▼ 2.6%
2021: €4.60Mlowest in 5 years
2022: €5.21M▲ +13.2% vs 2021
2023: €5.32M▲ +2.1% vs 2022highest in 5 years
2024: €5.07M▼ -4.8% vs 2023
2025: €4.94M▼ -2.6% vs 2024
Operating result€3.64M-€761k▼ 79.1%€12k▼ 98.5%€-218k€-133k▲ 38.9%
2021: €3.64Mhighest in 5 years
2022: €761k▼ -79.1% vs 2021
2023: €12k▼ -98.5% vs 2022
2024: €-218k▼ -1956% vs 2023lowest in 5 years
2025: €-133k▲ +38.9% vs 2024
Net result€3.28M-€609k▼ 81.4%€110k▼ 81.9%€-255k€94k
2021: €3.28Mhighest in 5 years
2022: €609k▼ -81.4% vs 2021
2023: €110k▼ -81.9% vs 2022
2024: €-255k▼ -331% vs 2023lowest in 5 years
2025: €94k▲ +137% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €133k in 2025 against €218k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.28M
Fixed assets
€2.33M ▲ 0.1%
Current assets
€2.95M ▼ 4.2%
Equity and liabilities €5.28M
Equity
€4.94M ▼ 2.6%
Debt
€344k ▲ 1.2%
Debt's share of the balance-sheet total rises from 6.3% to 6.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-33k▲
2024 · €-113k
Cash flow
€194k▲
2024 · €-150k
Current ratio
10.18▼
2024 · 11.94
Debt to equity
0.07▲
2024 · 0.07
ROE
1.9%▲
2024 · -5.0%
ROA
1.8%▲
2024 · -4.7%
Interest coverage
-2.42▲
2024 · -4.40
Debt ≤ 1 year
€290k▲
2024 · €258k
Debt > 1 year
€54k▼
2024 · €82k
Income taxes
€13k▼
2024 · €140k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.41M€5.28M▼
Fixed assets21/28€2.32M€2.33M▲
Tangible fixed assets22/27€2.32M€2.32M▲
Land and buildings22€2.28M€2.20M▼
Plant, machinery and equipment23€23k€112k▲
Furniture and vehicles24€18k€11k▼
Other tangible fixed assets26€5k€5k=
Financial fixed assets28€2k€2k=
Current assets29/58€3.08M€2.95M▼
Amounts receivable within one year40/41€770k€685k▼
Trade receivables40€6k€0▼
Other amounts receivable41€765k€685k▼
Current investments50/53€2.26M€2.15M▼
Cash at bank and in hand54/58€38k€103k▲
Deferred charges and accrued income490/1€19k€18k▼
Equity and liabilities
Total equity and liabilities10/49€5.41M€5.28M▼
Equity10/15€5.07M€4.94M▼
Contributions10/11€69k€69k=
Reserves13€4.03M€3.90M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€21k€21k=
Distributable reserves133€4.01M€3.88M▼
Profit (loss) carried forward14€970k€970k=
Amounts payable17/49€340k€344k▲
Amounts payable after more than one year17€82k€54k▼
Financial debts170/4€82k€54k▼
Amounts payable within one year42/48€258k€290k▲
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€53k€33k▼
Suppliers440/4€53k€33k▼
Taxes, remuneration and social security45€178k€5k▼
Taxes450/3€178k€5k▼
Other amounts payable47/48-€225k
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€101k▼
Other operating charges640/8€149k€43k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€35k€10k▼
Operating profit (loss)9901€-218k€-133k▲
Financial income75/76B€129k€254k▲
Recurring financial income75€129k€254k▲
Financial charges65/66B€26k€14k▼
Recurring financial charges65€26k€14k▼
Profit (loss) for the period before taxes9903€-115k€107k▲
Income taxes67/77€140k€13k▼
Profit (loss) for the period9904€-255k€94k▲
Profit (loss) for the period to be appropriated9905€-255k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€970k€1.06M▲
Profit (loss) brought forward from the previous period14P€1.23M€970k▼
Transfer from equity791/2-€225k
Transfer to equity691/2€0€94k▲
To other reserves6921€0€94k▲
Profit to be distributed694/7-€225k
Return on contributions (dividend)694-€225k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | €3k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €20k | €106 | €-1k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €98k | €102k | €103k | €105k | €101k | ▼ 4.3% |
| Other operating charges640/8 | €9k | €12k | €11k | €149k | €43k | ▼ 71.2% |
| Non-recurring operating charges66A | €0 | - | €28k | €0 | - | - |
| Gross operating margin9900 | €3.77M | €876k | €152k | €35k | €10k | ▼ 71.7% |
| Operating profit (loss)9901 | €3.64M | €761k | €12k | €-218k | €-133k | ▲ 38.9% |
| Financial income75/76B | €3k | €27k | €70k | €129k | €254k | ▲ 96.5% |
| Recurring financial income75 | €3k | €27k | €70k | €129k | €254k | ▲ 96.5% |
| Financial charges65/66B | €34k | €112k | €-55k | €26k | €14k | ▼ 47.4% |
| Recurring financial charges65 | €34k | €112k | €-55k | €26k | €14k | ▼ 47.4% |
| Profit (loss) for the period before taxes9903 | €3.61M | €676k | €137k | €-115k | €107k | ▲ 193% |
| Income taxes67/77 | €327k | €67k | €26k | €140k | €13k | ▼ 90.4% |
| Profit (loss) for the period9904 | €3.28M | €609k | €110k | €-255k | €94k | ▲ 137% |
| Profit (loss) for the period to be appropriated9905 | €3.28M | €609k | €110k | €-255k | €94k | ▲ 137% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.88M | €5.81M | €5.53M | €5.41M | €5.28M | ▼ 2.4% |
| Fixed assets21/28 | €2.59M | €2.49M | €2.41M | €2.32M | €2.33M | ▲ 0.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €2.58M | €2.49M | €2.41M | €2.32M | €2.32M | ▲ 0.1% |
| Land and buildings22 | €2.56M | €2.46M | €2.37M | €2.28M | €2.20M | ▼ 3.5% |
| Plant, machinery and equipment23 | €10k | €10k | €13k | €23k | €112k | ▲ 381% |
| Furniture and vehicles24 | €9k | €12k | €22k | €18k | €11k | ▼ 40.1% |
| Other tangible fixed assets26 | €5k | €5k | €5k | €5k | €5k | = |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €3.29M | €3.32M | €3.12M | €3.08M | €2.95M | ▼ 4.2% |
| Amounts receivable within one year40/41 | €440k | €881k | €680k | €770k | €685k | ▼ 11.1% |
| Trade receivables40 | €185k | €195k | €37k | €6k | €0 | ▼ 100% |
| Other amounts receivable41 | €256k | €685k | €643k | €765k | €685k | ▼ 10.4% |
| Current investments50/53 | - | €1.45M | €2.41M | €2.26M | €2.15M | ▼ 4.8% |
| Cash at bank and in hand54/58 | €2.85M | €975k | €26k | €38k | €103k | ▲ 173% |
| Deferred charges and accrued income490/1 | €539 | €11k | €10k | €19k | €18k | ▼ 6.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.88M | €5.81M | €5.53M | €5.41M | €5.28M | ▼ 2.4% |
| Equity10/15 | €4.60M | €5.21M | €5.32M | €5.07M | €4.94M | ▼ 2.6% |
| Contributions10/11 | €69k | €69k | €69k | €69k | €69k | = |
| Reserves13 | €3.31M | €3.92M | €4.03M | €4.03M | €3.90M | ▼ 3.3% |
| Non-distributable reserves130/1 | €7k | €7k | €7k | €0 | - | - |
| Reserves not available under the articles1311 | €7k | €7k | €7k | €0 | - | - |
| Tax-exempt reserves132 | €21k | €21k | €21k | €21k | €21k | = |
| Distributable reserves133 | €3.28M | €3.89M | €4.00M | €4.01M | €3.88M | ▼ 3.3% |
| Profit (loss) carried forward14 | €1.23M | €1.23M | €1.23M | €970k | €970k | = |
| Amounts payable17/49 | €1.27M | €594k | €209k | €340k | €344k | ▲ 1.2% |
| Amounts payable after more than one year17 | €186k | €135k | €109k | €82k | €54k | ▼ 34.1% |
| Financial debts170/4 | €186k | €135k | €109k | €82k | €54k | ▼ 34.1% |
| Amounts payable within one year42/48 | €1.09M | €460k | €100k | €258k | €290k | ▲ 12.5% |
| Current portion of amounts payable after more than one year42 | - | - | €26k | €27k | €28k | ▲ 3.8% |
| Financial debts43 | €74k | €51k | €0 | - | - | - |
| Credit institutions430/8 | €74k | €51k | €0 | - | - | - |
| Trade debts44 | €683k | €19k | €2k | €53k | €33k | ▼ 38.6% |
| Suppliers440/4 | €683k | €19k | €2k | €53k | €33k | ▼ 38.6% |
| Taxes, remuneration and social security45 | €329k | €389k | €72k | €178k | €5k | ▼ 97.4% |
| Taxes450/3 | €329k | €389k | €72k | €178k | €5k | ▼ 97.4% |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €0 | - | - | - | €225k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.28M | €609k | €110k | €-255k | €94k | ▲ 137% |
| + Depreciation and write-downs630 | €98k | €102k | €103k | €105k | €101k | ▼ 4.3% |
| Operating cash flow (approximation) | €3.38M | €711k | €214k | €-150k | €194k | ▲ 230% |
| Investment in fixed assets (approximation) | - | €-8k | €-21k | €-21k | €-102k | ▼ 386% |
| Change in cash | - | €-1.87M | €-949k | €12k | €65k | ▲ 439% |
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €94k
Net result €94k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 343 days late
2024
31-12
Financial
Weakest financial yearnet €-255k
Net result drops to €-255k, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 241 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 31.23
Current ratio from 7.21 to 31.23; short-term debt falls from €460k to €100k.
2022
31-12
Financial
Liquidity doublescurrent ratio 7.21
Current ratio from 3.03 to 7.21; short-term debt falls from €1.09M to €460k.
31-12
Financial
Equity above €5MEq €5.21M ▲13.2%
2 profitable years in a row build equity to €5.21M.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 94 days late
2021
31-12
Financial
Back to profitnet €3.28M
Net result €3.28M after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.03
Current ratio from 0.87 to 3.03.
Show earlier events
31-12
Financial
Equity above €2MEq €4.60M ▲243%
Equity rises from €1.34M to €4.60M.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 152 days late
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 153 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Overijse · 1 establishment unit since 2002
Ground area
4,912 m²
Building footprint
881 m²
Volume, LiDAR
3,871 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Sialka
since 20022.115.594.843
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0217/00P004 | Flanders | 4,408 m² | 1 · 750 m² | 4.5 m · 1 fl. |
| 23544D0416/00T000 | Flanders | 504 m² | 1 · 132 m² | 8.9 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
9845005492CCD2779565
Similar companies · same sector, comparable size
De Rijcker-GO
BE 0885.672.851
Sint-Martens-Latem · Eq €4.81M
MEDI SOFT
BE 0429.958.042
Dinant · Eq €4.53M
OXYSPHAIR
BE 0466.323.738
Courcelles · Eq €4.37M
INTERNATIONAL MEDICAL PRODUCTS
BE 0426.041.123
Sint-Gillis (bij-Brussel) · Eq €4.22M
Eqwal Care
BE 0707.608.763
Gent · Eq €3.88M
Of 1,070 companies in sector 47741 we hold annual accounts for 644. 174 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
46460Wholesale of pharmaceutical and medical goods
Scores and ratios are computed by Checked and are not a credit decision.