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SIBP

Active
Private limited company (pre-2019)founded 199729 yrs activeSlachthuisstraat 75, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0460.209.669
Summary

SIBP has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €124,664 and a net result of -€411. Equity remains stable across the filed fiscal years (±1.6% per year). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability37=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 7.41 against 7.22 in 2023; short-term debt: 13.5% and cash: 30.6% of total assets), and 13.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
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
86.5%
Return on assets
-0.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
127 d late
2022
141 d late
2021
92 d late
2020
47 d late
2019
119 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 98 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

On 19 March 1997, SIBP was incorporated.1 Total assets went from EUR 174,024 in 2018 to EUR 144,120 in 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
€124,664▼ 0.3%
2023 · €125,075
Total assets
€144,120▼ 0.7%
2023 · €145,192
Net result
-€411▲ 8.7%
2023 · -€450
Working capital
€124,664▼ 0.3%
2023 · €125,075
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
Line20202021202220232024
Operating result-€2,627▲ 69.5%€6,196-€1,064-€584▲ 45.1%-€566▲ 3.1%
Net result-€2,580-€2,484▲ 3.7%-€4,784▼ 92.6%-€450▲ 90.6%-€411▲ 8.7%
Equity€132,793▼ 1.9%€130,309▼ 1.9%€125,525▼ 3.7%€125,075▼ 0.4%€124,664▼ 0.3%
Total assets€204,927▼ 1.2%€150,960▼ 26.3%€146,192▼ 3.2%€145,192▼ 0.7%€144,120▼ 0.7%
Debt€72,135▲ 0.3%€20,651▼ 71.4%€20,667▲ 0.1%€20,117▼ 2.7%€19,456▼ 3.3%
Working capital€132,793▼ 1.9%€130,309▼ 1.9%€125,525▼ 3.7%€125,075▼ 0.4%€124,664▼ 0.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000Operating result 2020: -€2,627-€2,627Net result 2020: -€2,580-€2,580Operating result 2021: €6,196€6,196Net result 2021: -€2,484-€2,484Operating result 2022: -€1,064-€1,064Net result 2022: -€4,784-€4,784Operating result 2023: -€584-€584Net result 2023: -€450-€450Operating result 2024: -€566-€566Net result 2024: -€411-€41120202021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€1,064-€1,060Net result 2022: -€4,784-€4,780Operating result 2023: -€584-€584Net result 2023: -€450-€450Operating result 2024: -€566-€566Net result 2024: -€411-€411202220232024
The operating result stays negative: a loss of €566 in 2024 against €584 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €144,120
Equity €124,664 ▼ 0.3%
Debt €19,456 ▼ 3.3%
Debt's share of the balance-sheet total falls from 13.9% to 13.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
7.41▲
2023 · 7.22
Debt to equity
0.16▼
2023 · 0.16
ROE
-0.3%▲
2023 · -0.4%
ROA
-0.3%▲
2023 · -0.3%
Debt ≤ 1 year
€19,456▼
2023 · €20,117
Income taxes
€67▲
2023 · €46
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€145,192€144,120▼
Current assets29/58€145,192€144,120▼
Current investments50/53€100,000€100,000=
Cash at bank and in hand54/58€45,192€44,120▼
Equity and liabilities
Total equity and liabilities10/49€145,192€144,120▼
Equity10/15€125,075€124,664▼
Contributions10/11€25,000€25,000=
Reserves13€233,171€233,171=
Non-distributable reserves130/1€2,500€2,500=
Reserves not available under the articles1311€2,500€2,500=
Distributable reserves133€230,671€230,671=
Profit (loss) carried forward14-€133,096-€133,507▼
Amounts payable17/49€20,117€19,456▼
Amounts payable within one year42/48€20,117€19,456▼
Current portion of amounts payable after more than one year42€19,558-
Trade debts44€559-
Suppliers440/4€559-
Other amounts payable47/48-€19,456
Income statement Code20232024
Gross operating margin9900-€584-€566▲
Operating profit (loss)9901-€584-€566▲
Financial income75/76B€180€222▲
Recurring financial income75€180€222▲
Profit (loss) for the period before taxes9903-€404-€344▲
Income taxes67/77€46€67▲
Profit (loss) for the period9904-€450-€411▲
Profit (loss) for the period to be appropriated9905-€450-€411▲
Appropriation of the result
Profit (loss) to be appropriated9906-€133,096-€133,507▼
Profit (loss) brought forward from the previous period14P-€132,647-€133,096▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€6,721----
Gross operating margin9900-€2,627€6,196-€1,064-€584-€566▲ 3.1%
Operating profit (loss)9901-€2,627€6,196-€1,064-€584-€566▲ 3.1%
Financial income75/76B---€180€222▲ 23.1%
Recurring financial income75€56--€180€222▲ 23.1%
Financial charges65/66B-€8,680----
Recurring financial charges65-€8,680----
Profit (loss) for the period before taxes9903-€2,572-€2,484-€1,064-€404-€344▲ 14.8%
Income taxes67/77€8-€3,720€46€67▲ 45.6%
Profit (loss) for the period9904-€2,580-€2,484-€4,784-€450-€411▲ 8.7%
Profit (loss) for the period to be appropriated9905-€2,580-€2,484-€4,784-€450-€411▲ 8.7%
Line20202021202220232024Change
Assets
Total assets20/58€204,927€150,960€146,192€145,192€144,120▼ 0.7%
Current assets29/58€204,927€150,960€146,192€145,192€144,120▼ 0.7%
Current investments50/53--€100,000€100,000€100,000=
Cash at bank and in hand54/58€204,927€150,960€46,192€45,192€44,120▼ 2.4%
Equity and liabilities
Total equity and liabilities10/49€204,927€150,960€146,192€145,192€144,120▼ 0.7%
Equity10/15€132,793€130,309€125,525€125,075€124,664▼ 0.3%
Contributions10/11-€25,000€25,000€25,000€25,000=
Reserves13€233,171€233,171€233,171€233,171€233,171=
Non-distributable reserves130/1-€2,500€2,500€2,500€2,500=
Reserves not available under the articles1311-€2,500€2,500€2,500€2,500=
Distributable reserves133-€230,671€230,671€230,671€230,671=
Profit (loss) carried forward14-€125,379-€127,862-€132,647-€133,096-€133,507▼ 0.3%
Amounts payable17/49€72,135€20,651€20,667€20,117€19,456▼ 3.3%
Amounts payable within one year42/48€72,135€20,651€20,667€20,117€19,456▼ 3.3%
Current portion of amounts payable after more than one year42-€20,000€19,610€19,558--
Trade debts44€661€651€1,057€559--
Suppliers440/4-€651€1,057€559--
Other amounts payable47/48----€19,456-
Line20202021202220232024Change
Profit (loss) for the period9904-€2,580-€2,484-€4,784-€450-€411▲ 8.7%
Operating cash flow (approximation)-€2,580-€2,484-€4,784-€450-€411▲ 8.7%
Change in cash--€53,967-€104,768-€999-€1,072▼ 7.3%

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
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
05-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
2023
19-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 141 days late
2022
31-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial Liquidity triplescurrent ratio 7.31
Current ratio from 2.84 to 7.31; short-term debt falls from €72,135 to €20,651.
16-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
27-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial Back to profitnet €31,091
Net result €31,091 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.88
Current ratio from 1.41 to 2.88.
18-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 79 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial 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, Sint-Niklaas · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
2,810 m²
Building footprint
443 m²
Volume, LiDAR
2,514 m³
2 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SIBP
Jachthuislaan(LIN) 11, 3210 LubbeekScientific research and development
since 19972.081.005.138
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24063A0037/00V000 Flanders 2,671 m² 1 · 293 m² 6.5 m · 1 fl.
46447B0417/00P003 Flanders 139 m² 1 · 150 m² 10.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded19-03-1997
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.