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SIBELE

Active
Private limited company (pre-2019)founded 20179 yrs activePelgrimsstraat 12, 7700 Mouscron, BelgiumKBO/BCE: BE 0677.827.684
Summary

The computed 12-month bankruptcy probability of SIBELE is 1.9% (moderate). The 2024 annual accounts show equity of €43,584 and a net result of -€3,495. Equity is shrinking by ~7.4% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability36▲+18
Solvency33▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.04 against 0.02 in 2023; short-term debt: 91.6% and cash: 1.5% of total assets), and 91.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
8.4%
Return on assets
-0.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 22-06-2026, 39 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
39 d early
2024
56 d late
2023
13 d late
2022
46 d early
2021
11 d early
2020
31 d late
2019
33 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 20 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

SIBELE was incorporated on 3 July 2017.1 Total assets went from EUR 521,874 in 2018 to EUR 519,719 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,495▲ 6.1%
2023 · -€3,724
Working capital
-€458,171▼ 1.9%
2023 · -€449,676
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€3,054▲ 3.8%-€3,096▼ 1.4%-€3,022▲ 2.4%-€3,058▼ 1.2%-€3,109▼ 1.7%
Net result€76,911-€4,261-€3,955▲ 7.2%-€3,724▲ 5.9%-€3,495▲ 6.1%
Equity€59,018€54,757▼ 7.2%€50,802▼ 7.2%€47,079▼ 7.3%€43,584▼ 7.4%
Total assets€545,663▲ 9.4%€522,594▼ 4.2%€525,009▲ 0.5%€507,382▼ 3.4%€519,719▲ 2.4%
Debt€486,645▼ 5.8%€467,837▼ 3.9%€474,207▲ 1.4%€460,303▼ 2.9%€476,135▲ 3.4%
Working capital-€346,661▲ 12.0%-€380,797▼ 9.8%-€415,110▼ 9.0%-€449,676▼ 8.3%-€458,171▼ 1.9%
Staff (FTE)00
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2020: -€3,054-€3,054Net result 2020: €76,911€76,911Operating result 2021: -€3,096-€3,096Net result 2021: -€4,261-€4,261Operating result 2022: -€3,022-€3,022Net result 2022: -€3,955-€3,955Operating result 2023: -€3,058-€3,058Net result 2023: -€3,724-€3,724Operating result 2024: -€3,109-€3,109Net result 2024: -€3,495-€3,49520202021202220232024-€4,000-€3,000-€2,000-€1,000€0Operating result 2022: -€3,022-€3,020Net result 2022: -€3,955-€3,960Operating result 2023: -€3,058-€3,060Net result 2023: -€3,724-€3,720Operating result 2024: -€3,109-€3,110Net result 2024: -€3,495-€3,490202220232024
The operating result stays negative: a loss of €3,109 in 2024 against €3,058 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €519,719
Fixed assets €501,755 ▲ 1.0%
Current assets €17,964 ▲ 69.1%
Equity and liabilities €519,719
Equity €43,584 ▼ 7.4%
Debt €476,135 ▲ 3.4%
Debt's share of the balance-sheet total rises from 90.7% to 91.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.04▲
2023 · 0.02
Debt to equity
10.92▲
2023 · 9.78
ROE
-8.0%▼
2023 · -7.9%
ROA
-0.7%▲
2023 · -0.7%
Debt ≤ 1 year
€476,135▲
2023 · €460,303
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€507,382€519,719▲
Fixed assets21/28€496,755€501,755▲
Financial fixed assets28€496,755€501,755▲
Current assets29/58€10,627€17,964▲
Amounts receivable within one year40/41-€10,000
Other amounts receivable41-€10,000
Cash at bank and in hand54/58€10,627€7,964▼
Equity and liabilities
Total equity and liabilities10/49€507,382€519,719▲
Equity10/15€47,079€43,584▼
Contributions10/11€20,000€20,000=
Reserves13€27,079€23,584▼
Distributable reserves133€27,079€23,584▼
Amounts payable17/49€460,303€476,135▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€460,303€476,135▲
Current portion of amounts payable after more than one year42€30,843€0▼
Financial debts43€2,583€2,583=
Credit institutions430/8€2,583€2,583=
Trade debts44€654€1,329▲
Suppliers440/4€654€1,329▲
Other amounts payable47/48€426,223€472,223▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€384€387▲
Gross operating margin9900-€2,673-€2,721▼
Operating profit (loss)9901-€3,058-€3,109▼
Financial charges65/66B€666€386▼
Recurring financial charges65€666€386▼
Profit (loss) for the period before taxes9903-€3,724-€3,495▲
Profit (loss) for the period9904-€3,724-€3,495▲
Profit (loss) for the period to be appropriated9905-€3,724-€3,495▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,724-€3,495▲
Transfer from equity791/2€3,724€3,495▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€400€200€0--
Other operating charges640/8-€348€348€384€387▲ 0.8%
Gross operating margin9900-€2,306-€2,348-€2,474-€2,673-€2,721▼ 1.8%
Operating profit (loss)9901-€3,054-€3,096-€3,022-€3,058-€3,109▼ 1.7%
Financial income75/76B-€0----
Recurring financial income75€81,397€0----
Financial charges65/66B-€1,165€933€666€386▼ 42.0%
Recurring financial charges65€1,432€1,165€933€666€386▼ 42.0%
Profit (loss) for the period before taxes9903€76,911-€4,261-€3,955-€3,724-€3,495▲ 6.1%
Profit (loss) for the period9904€76,911-€4,261-€3,955-€3,724-€3,495▲ 6.1%
Profit (loss) for the period to be appropriated9905€76,911-€4,261-€3,955-€3,724-€3,495▲ 6.1%
Line20202021202220232024Change
Assets
Total assets20/58€545,663€522,594€525,009€507,382€519,719▲ 2.4%
Fixed assets21/28€497,355€496,955€496,755€496,755€501,755▲ 1.0%
Tangible fixed assets22/27€600€200€0---
Furniture and vehicles24-€200€0---
Financial fixed assets28€496,755€496,755€496,755€496,755€501,755▲ 1.0%
Current assets29/58€48,308€25,639€28,254€10,627€17,964▲ 69.1%
Amounts receivable within one year40/41€25,397€0--€10,000-
Other amounts receivable41-€0--€10,000-
Cash at bank and in hand54/58€22,911€25,639€28,254€10,627€7,964▼ 25.1%
Equity and liabilities
Total equity and liabilities10/49€545,663€522,594€525,009€507,382€519,719▲ 2.4%
Equity10/15€59,018€54,757€50,802€47,079€43,584▼ 7.4%
Contributions10/11-€20,000€20,000€20,000€20,000=
Reserves13€39,018€34,757€30,802€27,079€23,584▼ 12.9%
Distributable reserves133-€34,757€30,802€27,079€23,584▼ 12.9%
Profit (loss) carried forward14€0-----
Amounts payable17/49€486,645€467,837€474,207€460,303€476,135▲ 3.4%
Amounts payable after more than one year17€91,676€61,401€30,843€0--
Financial debts170/4-€61,401€30,843€0--
Amounts payable within one year42/48€394,969€406,437€443,364€460,303€476,135▲ 3.4%
Current portion of amounts payable after more than one year42-€30,275€30,558€30,843€0▼ 100%
Financial debts43-€2,583€2,583€2,583€2,583=
Credit institutions430/8-€2,583€2,583€2,583€2,583=
Trade debts44€564€584€645€654€1,329▲ 103%
Suppliers440/4-€584€645€654€1,329▲ 103%
Other amounts payable47/48-€372,994€409,578€426,223€472,223▲ 10.8%
Line20202021202220232024Change
Profit (loss) for the period9904€76,911-€4,261-€3,955-€3,724-€3,495▲ 6.1%
+ Depreciation and write-downs630€400€400€200€0--
Operating cash flow (approximation)€77,311-€3,861-€3,755-€3,724-€3,495▲ 6.1%
Investment in fixed assets (approximation)-€0€0€0-€5,000-
Change in cash-€2,729€2,615-€17,628-€2,662▲ 84.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 56 days late
2024
13-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
15-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial Back to profitnet €76,911
Net result €76,911 after 2 loss-making years.
02-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
16-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Mouscron · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
5,281 m²
Building footprint
425 m²
Parcel 54436A0242/00M000, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
SIBELE
Pelgrimsstraat 12, 7700 MouscronHoldings
since 20172.267.831.195
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54436A0242/00M000 Wallonia 5,281 m² 1 · 425 m² -
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.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

According to the 2024 annual accounts of SIBELE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded03-07-2017
Fiscal year end31-12
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.

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Register as of 30 September 2026 · Peppol Directory

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