SIBBE
ActiveSIBBE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €34k. Equity is shrinking by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81=
Solvency55▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.02 in 2023; short-term debt: 29.4% and cash: 19% of total assets), and 70.2% of the assets are financed with debt.
Credit advice 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 20783 sector peers (2024).
NBB · sector comparisonPosition among 20783 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
35 d early
2022
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k▼ 9.7%
2023 · €117k
2022: €136k
2023: €117k
2022 → 2024
Total assets
€354k▼ 11.7%
2023 · €401k
2022: €358k
2023: €401k
2022 → 2024
Net result
€34k▼ 12.0%
2023 · €39k
2022: €41k
2023: €39k
2022 → 2024
Working capital
€8k▲ 314%
2023 · €2k
2022: €58k
2023: €2k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€136k-€117k▼ 14.2%€106k▼ 9.7%
Operating result€55k-€54k▼ 2.1%€49k▼ 9.5%
Net result€41k-€39k▼ 5.2%€34k▼ 12.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 10% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €354k
Fixed assets
€243k▼ 13.4%
Current assets
€112k▼ 7.8%
Equity and liabilities €354k
Equity
€106k▼ 9.7%
Debt
€249k▼ 12.5%
The debt ratio falls from 70.8% to 70.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€92k▲
2023 · €87k
Cash flow
€77k▲
2023 · €72k
Solvency
29.8%▲
2023 · 29.2%
Current ratio
1.07▲
2023 · 1.02
Quick ratio
0.93▲
2023 · 0.86
Debt / equity
2.35▼
2023 · 2.43
ROE
32.3%▼
2023 · 33.1%
ROA
9.6%▼
2023 · 9.7%
Interest coverage
17.25▼
2023 · 18.33
Debt
€249k▼
2023 · €284k
Debt ≤ 1 year
€104k▼
2023 · €119k
Debt > 1 year
€144k▼
2023 · €164k
Income taxes
€10k▼
2023 · €10k
Staff costs
€2k▲
2023 · €2k
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€401k€354k▼
Fixed assets21/28€280k€243k▼
Tangible fixed assets22/27€280k€243k▼
Land and buildings22€169k€161k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€101k€74k▼
Current assets29/58€121k€112k▼
Stocks and contracts in progress3€18k€15k▼
Stocks30/36€18k€15k▼
Amounts receivable within one year40/41€34k€30k▼
Trade receivables40€26k€25k▼
Other amounts receivable41€8k€5k▼
Cash at bank and in hand54/58€69k€67k▼
Equity and liabilities
Total equity and liabilities10/49€401k€354k▼
Equity10/15€117k€106k▼
Contributions10/11€500€500=
Reserves13€117k€105k▼
Distributable reserves133€117k€105k▼
Amounts payable17/49€284k€249k▼
Amounts payable after more than one year17€164k€144k▼
Financial debts170/4€164k€144k▼
Amounts payable within one year42/48€119k€104k▼
Current portion of amounts payable after more than one year42€26k€21k▼
Trade debts44€11k€21k▲
Suppliers440/4€11k€21k▲
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€7k€10k▲
Other amounts payable47/48€76k€52k▼
Accrued charges and deferred income492/3€859€859=
Income statement
Code20232024
Non-recurring operating income76A€21k€205▼
Remuneration, social security and pensions62€2k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€43k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€91k€96k▲
Operating profit (loss)9901€54k€49k▼
Financial income75/76B€268€394▲
Recurring financial income75€268€394▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€49k€44k▼
Income taxes67/77€10k€10k▼
Profit (loss) for the period9904€39k€34k▼
Profit (loss) for the period to be appropriated9905€39k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€34k▼
Transfer from equity791/2€19k€11k▼
Profit to be distributed694/7€58k€45k▼
Return on contributions (dividend)694€58k€45k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €34k ▼12%
Net result drops to €34k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Boortmeerbeek · 1 establishment unit since 2015
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.
Schoubroekstraat 233190 BoortmeerbeekGround area
3,161 m²
Building footprint
234 m²
Volume, LiDAR
1,008 m³
Parcel 24014E0396/00E000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BBQWARE
since 20152.244.925.636
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014E0396/00E000 | Flanders | 3,161 m² | 1 · 234 m² | 8.6 m · 2 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.
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Of 16,878 companies in sector 62100 we hold annual accounts for 8,776. 6,948 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2015
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
47410Retail trade
47559Retail sale of other household articles
47599Retail trade
47910Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
82300Organisation of conventions and trade shows
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473718774