Financials
- Financial year
- 2025
- Turnover
- €935,028
- Loss
- -€48,161
- Solvency
- -22.2%
Turnover▼ 15.2%
Net result
20222025
SIAM MARKET
ActiveSummary
The computed 12-month bankruptcy probability of SIAM MARKET is 3.7% (moderate). The 2025 annual accounts show negative equity (-€65,598) and a net result of -€48,161. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 12,724 sector peers (NACE 47, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail trade
NACE 47523Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
1 site
Size
€935,028turnover 2025
- Staff
- 2 FTE
- Equity
- -€65,598
- Loss
- -€48,161
Structure
2025 accounts filed 87 days late2 of 3 deeds summarised
Why 47raises riskLast filed accounts filed 87 days late; 1 of the last 3 lateSector: Retail trade (NACE 47)Negative equity -€65,598lowers riskSize: turnover €935,028, total assets €295,311Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency
3-18
equity -22.2% of total assets
Liquidity
7+6
short-term debt 122.2% · cash 5.8%
Profitability
6-3
return on assets -16.3%
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.6%
12-2024: 1.6%● unchanged vs 11-2024
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.4%▼ -0.2 percentage points vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025lowest value
05-2025: 1.5%▲ +0.1 percentage points vs 04-2025
06-2025: 1.4%▼ -0.1 percentage points vs 05-2025
07-2025: 1.5%▲ +0.1 percentage points vs 06-2025
08-2025: 2.0%▲ +0.5 percentage points vs 07-2025
09-2025: 1.9%▼ -0.1 percentage points vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 2.0%▲ +0.1 percentage points vs 04-2026
06-2026: 2.0%● unchanged vs 05-2026
07-2026: 2.0%● unchanged vs 06-2026
08-2026: 2.7%▲ +0.7 percentage points vs 07-2026
09-2026: 2.8%▲ +0.1 percentage points vs 08-2026
10-2026: 3.7%▲ +0.9 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.53, compared with 0.63 in 2024, below 1; short-term debt: 122.2% and cash: 5.8% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 13% on solvency, 9% on liquidity, 16% on profitability and 12% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€65,598
raises risk · 2025 accounts filed 87 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-10-2026, 87 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
87 days late
2024
1 day late
2023
7 days late
2022
6 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 25 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignations & appointmentsCourt decision
- Judicial dissolution, liquidator appointedFrench-language Enterprise Court of Brussels…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€65,598 View
- Caution: Among the weakest 8% on equitysector median €237,258 · 12,734 companies -€65,598 View
- Caution: Staff fell in 2025from 5 FTE to 2 FTE ▼ 60.0% View
- Caution: Latest accounts filed lateafter the legal deadline 87 days View
- Caution: 2 loss-making years in a rowloss financial year 2025 -€48,161 View
By topic
Timeline
- Events
- 9
- Since
- 2023
- Next accounts
- by 31-07-2027
- 12-05-2026Restructuring · End & cessation
- 01-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail tradeNACE 47523
- Founded
- 09-06-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about SIAM MARKET
- What is the company number of SIAM MARKET?
- 0769.506.443. In Belgium the VAT number is the company number with BE in front: BE 0769.506.443.
- Where is SIAM MARKET based?
- The registered office is at Vrijheidslaan 175, 1080 Sint-Jans-Molenbeek.Company details
- What does SIAM MARKET do?
- According to the KBO register, the main activity is retail trade (NACE 47523).
- What is the legal form of SIAM MARKET?
- Private limited company (BV).
- When was SIAM MARKET founded?
- On 09-06-2021.
- Is SIAM MARKET still active?
- Yes, SIAM MARKET is an active enterprise in the KBO register.
- How many employees does SIAM MARKET have?
- On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SIAM MARKET?
- €935,028 in financial year 2025, according to the filed annual accounts.
- Is SIAM MARKET profitable?
- In financial year 2025, SIAM MARKET made a loss of €48,161.
- Where can I find the annual accounts of SIAM MARKET?
- SIAM MARKET filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SIAM MARKET due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to SIAM MARKET
Comparable companies
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- BATISTONESint-Pieters-Leeuw
- BATISTONE GROUPVorst
- BelginiZaventem
- BEMICOAsse
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