SICA CONSTRUCT
ActiveSummary
SICA CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €518. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 928 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-1
Solvency45▲+10
Growth85=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 1.06 in 2024; short-term debt: 80.2% and cash: 0.1% of total assets), and 80.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €23k
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-08-2026, 212 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 · 8 filingsDeviation from the deadline
2025
212 d late
2024
on the day
2023
1 d early
2022
53 d early
2021
20 d early
2020
5 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€183k▼ 73.0%
2024 · €678k
EBIT margin
0.9%▲ 0.1pp
2024 · 0.8%
Net result
€518▼ 83.5%
2024 · €3k
Working capital
€23k▲ 81.2%
2024 · €13k
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
Line20212022202320242025
Turnover€272k▲ 202%€336k▲ 23.7%€563k▲ 67.5%€678k▲ 20.5%€183k▼ 73.0%
Operating result€1k€9k▲ 699%€16k▲ 79.5%€5k▼ 66.8%€2k▼ 68.6%
Net result€533▲ 4.6%€7k▲ 1,273%€13k▲ 72.4%€3k▼ 75.1%€518▼ 83.5%
EBIT margin0.4%▲ 3.8pp2.7%▲ 2.3pp2.9%▲ 0.2pp0.8%▼ 2.1pp0.9%▲ 0.1pp
Equity€-484▲ 52.4%€7k€19k▲ 185%€23k▲ 16.1%€23k▲ 2.3%
Total assets€60k▲ 61.3%€70k▲ 16.8%€158k▲ 125%€222k▲ 40.7%€117k▼ 47.4%
Debt€61k▲ 58.3%€63k▲ 4.6%€138k▲ 119%€199k▲ 44.1%€94k▼ 53.1%
Working capital€-3k€6k€19k▲ 248%€13k▼ 35.4%€23k▲ 81.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117k
Fixed assets
€394 ▼ 96.1%
Current assets
€116k ▼ 45.1%
Equity and liabilities €117k
Equity
€23k ▲ 2.3%
Debt
€94k ▼ 53.1%
Debt's share of the balance-sheet total falls from 89.8% to 80.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €7k
Cash flow
€901▼
2024 · €5k
Current ratio
1.24▲
2024 · 1.06
Debt to equity
4.05▼
2024 · 8.83
ROE
2.2%▼
2024 · 13.9%
ROA
0.4%▼
2024 · 1.4%
Interest coverage
11.31▼
2024 · 28.92
Debt ≤ 1 year
€94k▼
2024 · €199k
Income taxes
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €272k | €336k | €563k | €678k | €183k | ▼ 73.0% |
| Goods, raw materials, services and sundry goods60/61 | - | €324k | €542k | €669k | €175k | ▼ 73.9% |
| Remuneration, social security and pensions62 | - | €2k | €3k | €2k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €2k | €383 | ▼ 76.8% |
| Other operating charges640/8 | - | €85 | €81 | €135 | €7k | ▲ 4,916% |
| Gross operating margin9900 | €5k | €13k | €21k | €10k | €9k | ▼ 8.3% |
| Operating profit (loss)9901 | €1k | €9k | €16k | €5k | €2k | ▼ 68.6% |
| Financial income75/76B | - | €641 | - | - | - | - |
| Recurring financial income75 | - | €641 | - | - | - | - |
| Financial charges65/66B | - | €302 | €213 | €245 | €184 | ▼ 24.6% |
| Recurring financial charges65 | €220 | €302 | €213 | €245 | €184 | ▼ 24.6% |
| Profit (loss) for the period before taxes9903 | €919 | €9k | €16k | €5k | €2k | ▼ 70.7% |
| Income taxes67/77 | €386 | €2k | €4k | €2k | €1k | ▼ 51.0% |
| Profit (loss) for the period9904 | €533 | €7k | €13k | €3k | €518 | ▼ 83.5% |
| Profit (loss) for the period to be appropriated9905 | €533 | €7k | €13k | €3k | €518 | ▼ 83.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60k | €70k | €158k | €222k | €117k | ▼ 47.4% |
| Fixed assets21/28 | €2k | €1k | €53 | €10k | €394 | ▼ 96.1% |
| Tangible fixed assets22/27 | €2k | €1k | €53 | €10k | €394 | ▼ 96.1% |
| Furniture and vehicles24 | - | €1k | €53 | €10k | €394 | ▼ 96.1% |
| Current assets29/58 | €58k | €69k | €158k | €212k | €116k | ▼ 45.1% |
| Amounts receivable after more than one year29 | - | €4k | - | - | - | - |
| Trade receivables290 | - | €4k | - | - | - | - |
| Amounts receivable within one year40/41 | €45k | €61k | €3k | €204k | €116k | ▼ 43.1% |
| Trade receivables40 | - | €60k | €3k | €202k | €116k | ▼ 42.9% |
| Other amounts receivable41 | - | €1k | €7 | €2k | €652 | ▼ 64.7% |
| Cash at bank and in hand54/58 | €8k | €3k | €22k | €8k | €103 | ▼ 98.7% |
| Deferred charges and accrued income490/1 | - | - | €133k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60k | €70k | €158k | €222k | €117k | ▼ 47.4% |
| Equity10/15 | €-484 | €7k | €19k | €23k | €23k | ▲ 2.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | - | - |
| Issued capital100 | - | €19k | €19k | €19k | - | - |
| Uncalled capital101 | - | €12k | €12k | €12k | - | - |
| Outside capital11 | - | - | - | - | €6k | - |
| Other1109/19 | - | - | - | - | €6k | - |
| Reserves13 | - | - | - | - | €2k | - |
| Non-distributable reserves130/1 | - | - | - | - | €2k | - |
| Reserves not available under the articles1311 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €-7k | €631 | €13k | €16k | €15k | ▼ 8.2% |
| Amounts payable17/49 | €61k | €63k | €138k | €199k | €94k | ▼ 53.1% |
| Amounts payable within one year42/48 | €61k | €63k | €138k | €199k | €94k | ▼ 53.1% |
| Current portion of amounts payable after more than one year42 | - | €475 | - | - | - | - |
| Trade debts44 | €53k | €55k | €123k | €190k | €87k | ▼ 54.5% |
| Suppliers440/4 | - | €4k | - | €7k | €87k | ▲ 1,135% |
| Bills of exchange payable441 | - | €51k | €123k | €183k | - | - |
| Taxes, remuneration and social security45 | - | €2k | €10k | €5k | €6k | ▲ 18.7% |
| Taxes450/3 | - | €2k | €6k | €5k | €6k | ▲ 18.7% |
| Remuneration and social security454/9 | - | - | €5k | - | - | - |
| Other amounts payable47/48 | - | €6k | €6k | €4k | €768 | ▼ 81.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €533 | €7k | €13k | €3k | €518 | ▼ 83.5% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €2k | €383 | ▼ 76.8% |
| Operating cash flow (approximation) | €2k | €9k | €14k | €5k | €901 | ▼ 81.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-12k | €9k | ▲ 180% |
| Change in cash | - | €-5k | €18k | €-14k | €-8k | ▲ 43.7% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 212 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Highest result since 2019net €13k ▲72.4%
Operating result €16k, net result €13k, both a record.
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
30-06
Financial
Back to profitnet €510
Net result €510 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
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 5 acts read
About the unread acts
We know of 5 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
5 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, Ukkel · 1 establishment unit since 2017
Ground area
947 m²
Building footprint
733 m²
Volume, LiDAR
9,907 m³
2 parcels, Brussels · tallest building 23.4 m, ±7 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
SICA CONSTRUCT
since 20172.261.689.909
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0121/00L002 | Brussels | 580 m² | 1 · 581 m² | 16.3 m · 4 fl. |
| 21016B0144/00L011 | Brussels | 366 m² | 1 · 151 m² | 23.4 m · 7 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.
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Of 11,220 companies in sector 82100 we hold annual accounts for 3,511. 2,332 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
Founded21-02-2017
Fiscal year end30-06
Activities, NACEBEL 2025
82100Office administrative and support services
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.