Equity
SICA CONSTRUCT has made a profit without a break since 2020.
SICA CONSTRUCT has made a profit without a break since 2020.
Turnover fell in 2025 from €678,379 to €183,422.
SICA CONSTRUCT pays its suppliers 77 days later than in 2024. Customers pay 121 days later.
Latest accounts filed late: after the legal deadline.
Less equity than 87% of companies in office administrative support. Sector median €974,903 · 1,168 companies.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 28% of them on solvency, 5% on liquidity, 29% on profitability and 25% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,274 companies had the same profile as SICA CONSTRUCT has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SICA CONSTRUCT itself: 2.4% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for SICA CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.24 (1.06 in 2024), below the usual 1.5. Short-term debt is 80.2% and cash 0.1% of total assets. 80.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SICA CONSTRUCT Uccle | €116,725 | €8,858 | 19.8% | - |
| THREE STONES GROUP Uccle | €75,138 | €7,973 | 2.3% | - |
| KAMI-KA Etterbeek | €150,799 | €6,928 | -28.5% | - |
| IB Fiducia Etterbeek | €95,644 | €9,360 | 30.1% | - |
| ENVIRONMENTAL ASSESSMENT & SOIL WATER CONSULTING Anderlecht | €96,880 | €6,038 | 75.0% | - |
| YUNITY Brussels | €125,181 | €10,460 | 22.8% | - |
| LIMITED CONSULTING Ixelles | €73,164 | €11,561 | 34.5% | - |
These companies have the same main activity as SICA CONSTRUCT: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €73,200 and €151,000, founded between 2013 and 2019.
SICA CONSTRUCT has existed since 2017. Turnover fell from €678,379 in 2024 to €183,422 in 2025.
Solvency rose in 2025 from 10.2% to 19.8% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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