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SIBOS

Inactive
KBO/BCE: BE 0844.854.261

SIBOS was declared bankrupt on 24-03-2025 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 20-10-2025.

Summary

Inactive; last annual accounts for fiscal year 2023.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-06-2025, 329 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
329 d late
2022
on the day
2021
74 d late
2020
149 d late
2019
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 128 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 (1)
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

Total assets went from EUR 19,884 in 2018 to EUR 22,062 in 2023 and headcount from 1 full-time equivalents in 2018 to 3.1 in 2022.1 SIBOS was declared bankrupt on 24 March 2025; the bankruptcy was closed on 14 October 2025.23

  1. 1National Bank, annual accounts 2018, 2022 and 2023
  2. 2Belgian State Gazette, 31-03-2025
  3. 3Belgian State Gazette, 20-10-2025

Financials · fiscal year 2023, micro schema

Turnover
€36,727
EBIT margin
-15.8%
Net result
-€6,205▼ 1,805%
2022 · -€326
Working capital
-€16,931▼ 38.5%
2022 · -€12,226
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
Line20192020202120222023
Turnover
Operating result-€602▲ 89.6%-€2,864▼ 376%€8,226-€263-€6,150▼ 2,236%
Net result-€644▲ 89.3%-€2,943▼ 357%€8,038-€326-€6,205▼ 1,805%
EBIT margin
Equity-€12,234▼ 5.6%-€15,178▼ 24.1%-€7,140▲ 53.0%-€7,466▼ 4.6%-€13,671▼ 83.1%
Total assets€18,061▼ 9.2%€18,020▼ 0.2%€20,585▲ 14.2%€28,049▲ 36.3%€22,062▼ 21.3%
Debt€30,295▼ 3.7%€33,198▲ 9.6%€27,725▼ 16.5%€35,515▲ 28.1%€35,733▲ 0.6%
Working capital-€22,770▲ 5.9%-€23,646▼ 3.8%-€13,540▲ 42.7%-€12,226▲ 9.7%-€16,931▼ 38.5%
Staff (FTE)0.9▼ 10.0%1.1▲ 22.2%3.1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2019: -€602-€602Net result 2019: -€644-€644Operating result 2020: -€2,864-€2,864Net result 2020: -€2,943-€2,943Operating result 2021: €8,226€8,226Net result 2021: €8,038€8,038Operating result 2022: -€263-€263Net result 2022: -€326-€326Operating result 2023: -€6,150-€6,150Net result 2023: -€6,205-€6,20520192020202120222023-€10,000-€5,000€0€5,000€10,000Operating result 2021: €8,226€8,230Net result 2021: €8,038€8,040Operating result 2022: -€263-€263Net result 2022: -€326-€326Operating result 2023: -€6,150-€6,150Net result 2023: -€6,205-€6,210202120222023
The operating result stays negative: a loss of €6,150 in 2023 against €263 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €22,062
Fixed assets €3,260 ▼ 31.5%
Current assets €18,802 ▼ 19.3%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€4,650▼
2022 · €1,377
Cash flow
-€4,705▼
2022 · €1,314
Solvency
-62.0%▼
2022 · -26.6%
Current ratio
0.53▼
2022 · 0.66
Quick ratio
0.44▼
2022 · 0.50
Debt to equity
-2.61▲
2022 · -4.76
ROA
-28.1%▼
2022 · -1.2%
Interest coverage
-84.55▼
2022 · 22.02
Debt ≤ 1 year
€35,733▲
2022 · €35,515
Staff costs
€9,378▼
2022 · €10,462
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 · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€28,049€22,062▼
Fixed assets21/28€4,760€3,260▼
Tangible fixed assets22/27€4,500€3,000▼
Plant, machinery and equipment23€4,500€3,000▼
Financial fixed assets28€260€260=
Current assets29/58€23,289€18,802▼
Stocks and contracts in progress3€5,496€3,221▼
Stocks30/36€5,496€3,221▼
Amounts receivable within one year40/41€4,654€3,174▼
Trade receivables40€4,654€3,174▼
Cash at bank and in hand54/58€12,918€12,164▼
Deferred charges and accrued income490/1€221€243▲
Equity and liabilities
Total equity and liabilities10/49€28,049€22,062▼
Equity10/15-€7,466-€13,671▼
Contributions10/11€10,000€10,000=
Reserves13€14€14=
Non-distributable reserves130/1€14€14=
Reserves not available under the articles1311€14€14=
Profit (loss) carried forward14-€17,480-€23,685▼
Amounts payable17/49€35,515€35,733▲
Amounts payable within one year42/48€35,515€35,733▲
Trade debts44€12,339€8,605▼
Suppliers440/4€12,339€8,605▼
Taxes, remuneration and social security45€3,798€1,774▼
Taxes450/3€1,055€977▼
Remuneration and social security454/9€2,743€798▼
Other amounts payable47/48€19,377€25,354▲
Income statement Code20222023
Remuneration, social security and pensions62€10,462€9,378▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,640€1,500▼
Other operating charges640/8€448€484▲
Gross operating margin9900€12,286€5,212▼
Operating profit (loss)9901-€263-€6,150▼
Financial charges65/66B€63€55▼
Recurring financial charges65€63€55▼
Profit (loss) for the period before taxes9903-€326-€6,205▼
Profit (loss) for the period9904-€326-€6,205▼
Profit (loss) for the period to be appropriated9905-€326-€6,205▼
Appropriation of the result
Profit (loss) to be appropriated9906-€17,480-€23,685▼
Profit (loss) brought forward from the previous period14P-€17,154-€17,480▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Remuneration, social security and pensions62--€9,937€10,462€9,378▼ 10.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,068€2,068€2,068€1,640€1,500▼ 8.5%
Other operating charges640/8--€448€448€484▲ 8.3%
Gross operating margin9900€10,400€10,316€20,679€12,286€5,212▼ 57.6%
Operating profit (loss)9901-€602-€2,864€8,226-€263-€6,150▼ 2,236%
Financial income75/76B--€0---
Recurring financial income75--€0---
Financial charges65/66B--€189€63€55▼ 12.0%
Recurring financial charges65€42€79€189€63€55▼ 12.0%
Profit (loss) for the period before taxes9903-€644-€2,943€8,038-€326-€6,205▼ 1,805%
Profit (loss) for the period9904-€644-€2,943€8,038-€326-€6,205▼ 1,805%
Profit (loss) for the period to be appropriated9905-€644-€2,943€8,038-€326-€6,205▼ 1,805%
Line20192020202120222023Change
Assets
Total assets20/58€18,061€18,020€20,585€28,049€22,062▼ 21.3%
Fixed assets21/28€10,536€8,468€6,400€4,760€3,260▼ 31.5%
Tangible fixed assets22/27€10,276€8,208€6,140€4,500€3,000▼ 33.3%
Plant, machinery and equipment23--€6,140€4,500€3,000▼ 33.3%
Financial fixed assets28€260€260€260€260€260=
Current assets29/58€7,525€9,552€14,185€23,289€18,802▼ 19.3%
Stocks and contracts in progress3€441€441€534€5,496€3,221▼ 41.4%
Stocks30/36--€534€5,496€3,221▼ 41.4%
Amounts receivable within one year40/41€2,924€2,593€7,447€4,654€3,174▼ 31.8%
Trade receivables40--€7,446€4,654€3,174▼ 31.8%
Other amounts receivable41--€0---
Cash at bank and in hand54/58€3,979€6,328€5,441€12,918€12,164▼ 5.8%
Deferred charges and accrued income490/1--€763€221€243▲ 10.0%
Equity and liabilities
Total equity and liabilities10/49€18,061€18,020€20,585€28,049€22,062▼ 21.3%
Equity10/15-€12,234-€15,178-€7,140-€7,466-€13,671▼ 83.1%
Contributions10/11€10,000-€10,000€10,000€10,000=
Reserves13€14€14€14€14€14=
Non-distributable reserves130/1--€14€14€14=
Reserves not available under the articles1311--€14€14€14=
Profit (loss) carried forward14-€22,249-€25,192-€17,154-€17,480-€23,685▼ 35.5%
Amounts payable17/49€30,295€33,198€27,725€35,515€35,733▲ 0.6%
Amounts payable within one year42/48€30,295€33,198€27,725€35,515€35,733▲ 0.6%
Trade debts44€735€1,232€4,790€12,339€8,605▼ 30.3%
Suppliers440/4--€4,790€12,339€8,605▼ 30.3%
Taxes, remuneration and social security45--€3,945€3,798€1,774▼ 53.3%
Taxes450/3--€1,508€1,055€977▼ 7.5%
Remuneration and social security454/9--€2,437€2,743€798▼ 70.9%
Other amounts payable47/48--€18,990€19,377€25,354▲ 30.8%
Line20192020202120222023Change
Profit (loss) for the period9904-€644-€2,943€8,038-€326-€6,205▼ 1,805%
+ Depreciation and write-downs630€2,068€2,068€2,068€1,640€1,500▼ 8.5%
Operating cash flow (approximation)€1,424-€875€10,106€1,314-€4,705▼ 458%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€2,349-€887€7,477-€754▼ 110%

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

2025
20-10
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 14-10-2025
25-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 329 days late
31-03
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 24-03-2025
2023
31-12
Financial Weakest financial yearnet -€6,205
Net result drops to -€6,205, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
31-12
Financial Back to profitnet €8,038
Net result €8,038 after 3 loss-making years.
27-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 149 days late
2020
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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

Insolvency mandates

2 mandates
Role Name Tenure
Curator SANDRINE EVRARD
RUE MATTéOTTI 34, 4102 OUGREE
24-03-2025 → 14-10-2025
Curator JOELLE DECHARNEUX
RUE LOUVREX 55-57, 4000 LIEGE 1
24-03-2025 → 14-10-2025