SIAS
Open bankruptcyA bankruptcy procedure is open for SIAS according to publications in the Belgian State Gazette; curator: GILLAIN PIERRE.
Summary
The 2010 annual accounts show equity of €135,214 and a net result of -€6,732.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Commercial Court of Hainaut, Charleroi division
- Declared bankrupt
- 5 December 2016
- Official Gazette
- 08-12-2016 (pdf) ↗search the document for 2016/121776
Deadlines
- Provisional date payments stopped
- 28 November 2016Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 23 December 2016Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 4 January 2017art. XX.104 and XX.155 CEL
- First verification report
- passed on 1 February 2017Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 5 December 2017Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Gillain PierreRue Tumelaire, 23 - Bte 7, 6000 Charleroi
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Other specialised construction activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2010, full schema
Turnover
€16,900▼ 96.4%
2009 · €467,767
EBIT margin
-14.2%▼ 25.5pp
2009 · 11.2%
Net result
-€6,732▲ 74.9%
2009 · -€26,849
Working capital
€135,214▼ 1.7%
2009 · €137,620
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2006200820092010
Turnover€848,736-€694,938-€467,767▼ 32.7%€16,900▼ 96.4%
Operating result€19,629-€49,956-€52,492▲ 5.1%-€2,406
Net result€15,433--€13,985--€26,849▼ 92.0%-€6,732▲ 74.9%
EBIT margin2.3%-7.2%-11.2%▲ 4.0pp-14.2%▼ 25.5pp
Equity€133,275-€168,794-€141,946▼ 15.9%€135,214▼ 4.7%
Total assets€623,119-€246,629-€179,342▼ 27.3%€164,682▼ 8.2%
Debt€489,844-€77,835-€37,396▼ 52.0%€29,468▼ 21.2%
Working capital€129,696-€160,226-€137,620▼ 14.1%€135,214▼ 1.7%
Staff (FTE)2-
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2010: a loss of €2,406 after €52,492 in 2009, the lowest result in the available series.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Equity and liabilities €164,682
Equity
€135,214 ▼ 4.7%
Debt
€29,468 ▼ 21.2%
Debt's share of the balance-sheet total falls from 20.9% to 17.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
5.59▲
2009 · 4.68
ROE
-5.0%▲
2009 · -18.9%
ROA
-4.1%▲
2009 · -15.0%
Debt ≤ 1 year
€29,468▼
2009 · €37,396
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|
| Turnover70 | €848,736 | €694,938 | €467,767 | €16,900 | ▼ 96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,416 | €2,414 | €2,414 | - | - |
| Gross operating margin9900 | €92,141 | €91,235 | €70,091 | -€1,718 | ▼ 102% |
| Operating profit (loss)9901 | €19,629 | €49,956 | €52,492 | -€2,406 | ▼ 105% |
| Recurring financial income75 | €218 | €205 | €120 | - | - |
| Recurring financial charges65 | €1,975 | €1,059 | €1,087 | €4,326 | ▲ 298% |
| Profit (loss) for the period before taxes9903 | €17,872 | €49,102 | €51,525 | -€6,732 | ▼ 113% |
| Income taxes67/77 | €2,439 | €63,087 | €78,374 | - | - |
| Profit (loss) for the period9904 | €15,433 | -€13,985 | -€26,849 | -€6,732 | ▲ 74.9% |
| Profit (loss) for the period to be appropriated9905 | €15,433 | -€13,985 | -€26,849 | -€6,732 | ▲ 74.9% |
| Line | 2006 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €623,119 | €246,629 | €179,342 | €164,682 | ▼ 8.2% |
| Fixed assets21/28 | €12,250 | €8,568 | €4,326 | - | - |
| Tangible fixed assets22/27 | €8,586 | €4,904 | €4,326 | - | - |
| Financial fixed assets28 | €3,664 | €3,664 | - | - | - |
| Current assets29/58 | €610,869 | €238,061 | €175,016 | €164,682 | ▼ 5.9% |
| Stocks and contracts in progress3 | €61,511 | - | - | - | - |
| Amounts receivable within one year40/41 | €474,453 | €221,439 | €159,148 | €157,184 | ▼ 1.2% |
| Cash at bank and in hand54/58 | €73,564 | €14,268 | €15,868 | €7,434 | ▼ 53.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €623,119 | €246,629 | €179,342 | €164,682 | ▼ 8.2% |
| Equity10/15 | €133,275 | €168,794 | €141,946 | €135,214 | ▼ 4.7% |
| Contributions10/11 | €12,618 | €12,618 | €12,618 | €12,618 | = |
| Reserves13 | €1,654 | €1,654 | €1,654 | €1,654 | = |
| Profit (loss) carried forward14 | €119,004 | €154,522 | €127,674 | €120,942 | ▼ 5.3% |
| Amounts payable17/49 | €489,844 | €77,835 | €37,396 | €29,468 | ▼ 21.2% |
| Amounts payable after more than one year17 | €8,671 | - | - | - | - |
| Amounts payable within one year42/48 | €481,173 | €77,835 | €37,396 | €29,468 | ▼ 21.2% |
| Trade debts44 | €474,533 | €20,203 | €11,628 | €10,307 | ▼ 11.4% |
| Line | 2006 | 2008 | 2009 | 2010 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,433 | -€13,985 | -€26,849 | -€6,732 | ▲ 74.9% |
| + Depreciation and write-downs630 | €15,416 | €2,414 | €2,414 | - | - |
| Operating cash flow (approximation) | €30,849 | -€11,571 | -€24,435 | -€6,732 | ▲ 72.4% |
| Investment in fixed assets (approximation) | - | - | €1,828 | - | - |
| Change in cash | - | - | €1,600 | -€8,434 | ▼ 627% |
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
2016
08-12
Bankruptcy
Opening
Tribunal de commerce du Hainaut, division Charleroi · event 05-12-2016
2011
13-12
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 135 days late
13-12
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 500 days late
2009
31-12
Financial
Weakest financial yearnet -€26,849
Net result drops to -€26,849, the lowest in the series.
11-12
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 133 days late
2008
31-12
Financial
Liquidity doublescurrent ratio 3.06
Current ratio from 1.27 to 3.06; short-term debt falls from €481,173 to €77,835.
31-12
Financial
Equity above €150,000Eq €168,794 ▲26.7%
Equity rises from €133,275 to €168,794.
08-04
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 252 days late
08-04
NBB filing
Annual accounts filed
fiscal year 2005 · full schema · 617 days late
08-04
NBB filing
Annual accounts filed
fiscal year 2004 · full schema · 982 days late
2005
01-02
NBB filing
Annual accounts filed
fiscal year 2003 · full schema · 185 days late
2003
14-11
NBB filing
Annual accounts filed
fiscal year 2002 · full schema · 106 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2001 · full schema · 222 days late
2001
09-11
NBB filing
Annual accounts filed
fiscal year 2000 · full schema · 101 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Fleurus · 1 establishment unit since 1995
Ground area
1,684 m²
Building footprint
178 m²
Volume, LiDAR
1,368 m³
Parcel 52071B0170/00E000, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Chapelle(WB) 21, 6224 Fleurus
since 19952.131.168.588
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52071B0170/00E000 | Wallonia | 1,684 m² | 1 · 178 m² | 10.9 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GILLAIN PIERRE RUE TUMELAIRE, 23 - BTE 7, 6000 CHARLEROI |
05-12-2016 → present |
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 6,138 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 (pre-2019)
Founded29-06-1995
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Contact
Phone
071/360796Fleurus
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.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.