SICLI
BankruptcySummary
The KBO register records for SICLI the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (-€9.5m) and a net result of -€9.0m.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-07-2024, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
12 d early
2022
269 d late
2021
29 d late
2020
1 d early
2019
83 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 74 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?Advanced Fire Technologies · 11 companies Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Manufacture of machinery and equipment not elsewhere classified sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
€34.6m▲ 15.1%
2022 · €30.1m
EBIT margin
-25.5%▲ 47.9pp
2022 · -73.4%
Net result
-€9.0m▲ 61.5%
2022 · -€23.3m
Working capital
€607,352▼ 92.3%
2022 · €7.9m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€36.6m▲ 2.4%€33.4m▼ 8.7%€38.5m▲ 15.2%€30.1m▼ 21.9%€34.6m▲ 15.1%
Operating result€2.2m▲ 26.0%€877,632▼ 60.1%€357,551▼ 59.3%-€22.1m-€8.8m▲ 60.1%
Net result€2.3m▲ 67.8%€1.2m▼ 46.3%€1.2mabove the sector's middle half▼ 4.1%-€23.3mbelow the sector's middle half-€9.0mbelow the sector's middle half▲ 61.5%
EBIT margin6.0%▲ 1.1pp2.6%▼ 3.4pp0.9%▼ 1.7pp-73.4%▼ 74.3pp-25.5%▲ 47.9pp
Equity€22.4m▲ 5.9%€22.6m▲ 0.8%€22.7mabove the sector's middle half▲ 0.4%-€560,460below the sector's middle half-€9.5mbelow the sector's middle half▼ 1,600%
Total assets€38.2m▲ 0.4%€42.6m▲ 11.7%€42.3mabove the sector's middle half▼ 0.8%€33.7mabove the sector's middle half▼ 20.4%€29.9mabove the sector's middle half▼ 11.1%
Debt€15.3m▼ 6.2%€19.7m▲ 28.5%€19.4m▼ 1.5%€28.6m▲ 47.8%€33.8m▲ 18.1%
Working capital€24.9m▼ 1.0%€22.7m▼ 9.0%€18.2m▼ 19.8%€7.9m▼ 56.4%€607,352▼ 92.3%
Solvency58.7%▲ 3.1pp53.0%▼ 5.7pp53.7%within the sector's middle half▲ 0.6pp-1.7%below the sector's middle half▼ 55.3pp-31.8%below the sector's middle half▼ 30.2pp
Staff (FTE)316.1▼ 3.4%313.1▼ 0.9%319above the sector's middle half▲ 1.9%320.8above the sector's middle half▲ 0.6%298.6above the sector's middle half▼ 6.9%
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8.8m in 2023 against €22.1m in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €29.9m
Fixed assets
€3.6m ▼ 30.3%
Current assets
€26.3m ▼ 7.7%
Key figures and ratios
EBITDA
-€7.2m▲
2022 · -€19.2m
Cash flow
-€7.3m▲
2022 · -€20.4m
Current ratio
1.02▼
2022 · 1.39
Quick ratio
0.74▼
2022 · 1.11
Debt to equity
-3.55▲
2022 · -51.10
ROA
-30.0%▲
2022 · -69.1%
Interest coverage
-12.47▲
2022 · -59.49
Debt ≤ 1 year
€25.7m▲
2022 · €20.6m
Debt > 1 year
€1.1m▼
2022 · €1.1m
Income taxes
-€267,892▼
2022 · €394,094
Staff costs
€19.9m▲
2022 · €19.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €38.0m | €30.5m | €36.8m | ▲ 20.5% |
| Turnover70 | €36.6m | €33.4m | €38.5m | €30.1m | €34.6m | ▲ 15.1% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | -€1.3m | €231,404 | €1.8m | ▲ 665% |
| Other operating income74 | - | - | €732,581 | €176,711 | €404,137 | ▲ 129% |
| Non-recurring operating income76A | - | - | €71,526 | €49,565 | €653 | ▼ 98.7% |
| Operating charges60/66A | - | - | €37.6m | €52.6m | €45.6m | ▼ 13.3% |
| Goods for resale, raw materials and consumables60 | - | - | €10.9m | €13.6m | €13.8m | ▲ 1.6% |
| Purchases600/8 | - | - | €10.9m | €13.8m | €14.0m | ▲ 1.2% |
| Change in stocks: decrease (increase)609 | - | - | €31,802 | -€212,301 | -€167,411 | ▲ 21.1% |
| Services and other goods61 | - | - | €6.5m | €7.6m | €8.2m | ▲ 8.3% |
| Remuneration, social security and pensions62 | - | - | €18.4m | €19.5m | €19.9m | ▲ 2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.3m | €1.5m | €1.7m | €2.9m | €1.6m | ▼ 43.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €55,326 | €3.3m | €428,976 | ▼ 86.8% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€128,814 | €5.4m | €39,799 | ▼ 99.3% |
| Other operating charges640/8 | - | - | €152,701 | €187,130 | €360,418 | ▲ 92.6% |
| Non-recurring operating charges66A | - | - | €11,411 | €246,220 | €1.3m | ▲ 413% |
| Operating profit (loss)9901 | €2.2m | €877,632 | €357,551 | -€22.1m | -€8.8m | ▲ 60.1% |
| Financial income75/76B | - | - | €1.6m | €485,652 | €465,738 | ▼ 4.1% |
| Recurring financial income75 | €1.1m | €1.3m | €1.4m | €464,206 | €453,683 | ▼ 2.3% |
| Income from current assets751 | - | - | €223,367 | €308,976 | €254,353 | ▼ 17.7% |
| Other financial income752/9 | - | - | €1.2m | €155,230 | €199,330 | ▲ 28.4% |
| Non-recurring financial income76B | - | - | €202,669 | €21,446 | €12,055 | ▼ 43.8% |
| Financial charges65/66B | - | - | €169,802 | €1.3m | €887,952 | ▼ 31.4% |
| Recurring financial charges65 | €91,833 | €463,419 | €169,802 | €1.2m | €720,123 | ▼ 37.5% |
| Debt charges650 | €52,592 | €116,976 | €89,471 | €322,160 | €576,189 | ▲ 78.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | -€70,706 | €466,122 | -€518,748 | ▼ 211% |
| Other financial charges652/9 | - | - | €151,037 | €363,513 | €662,682 | ▲ 82.3% |
| Non-recurring financial charges66B | - | - | - | €142,830 | €167,828 | ▲ 17.5% |
| Profit (loss) for the period before taxes9903 | €3.3m | €2.1m | €1.8m | -€22.9m | -€9.2m | ▲ 59.6% |
| Income taxes67/77 | €1.1m | €879,121 | €668,150 | €394,094 | -€267,892 | ▼ 168% |
| Taxes670/3 | - | - | €668,150 | €394,094 | €32,108 | ▼ 91.9% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €300,000 | - |
| Profit (loss) for the period9904 | €2.3m | €1.2m | €1.2m | -€23.3m | -€9.0m | ▲ 61.5% |
| Transfer from tax-exempt reserves789 | - | - | €312,238 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €2.9m | €1.8m | €1.5m | -€23.3m | -€9.0m | ▲ 61.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38.2m | €42.6m | €42.3m | €33.7m | €29.9m | ▼ 11.1% |
| Fixed assets21/28 | €4.8m | €5.4m | €7.0m | €5.2m | €3.6m | ▼ 30.3% |
| Intangible fixed assets21 | €237,775 | €172,525 | €136,885 | €7,712 | €1,808 | ▼ 76.5% |
| Tangible fixed assets22/27 | €4.3m | €5.0m | €6.2m | €4.5m | €2.8m | ▼ 36.3% |
| Land and buildings22 | - | - | €27,143 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | €443,653 | €491,575 | €650,687 | ▲ 32.4% |
| Furniture and vehicles24 | - | - | €3.0m | €2.0m | €1.2m | ▼ 40.0% |
| Leasing and similar rights25 | - | - | €263,175 | €0 | - | - |
| Other tangible fixed assets26 | - | - | €1.4m | €1.0m | €975,747 | ▼ 5.3% |
| Assets under construction and advance payments27 | - | - | €1.0m | €913,473 | €0 | ▼ 100% |
| Financial fixed assets28 | €268,036 | €267,286 | €704,197 | €713,357 | €765,446 | ▲ 7.3% |
| Other financial fixed assets284/8 | - | - | €704,197 | €713,357 | €765,446 | ▲ 7.3% |
| Amounts receivable and cash guarantees285/8 | - | - | €704,197 | €713,357 | €765,446 | ▲ 7.3% |
| Current assets29/58 | €33.3m | €37.2m | €35.3m | €28.5m | €26.3m | ▼ 7.7% |
| Amounts receivable after more than one year29 | - | - | €138,000 | €116,000 | €94,000 | ▼ 19.0% |
| Trade receivables290 | - | - | €138,000 | €116,000 | €94,000 | ▼ 19.0% |
| Stocks and contracts in progress3 | €4.6m | €4.6m | €6.2m | €5.6m | €7.3m | ▲ 30.2% |
| Stocks30/36 | - | - | €4.7m | €3.9m | €3.9m | ▲ 0.8% |
| Raw materials and consumables30/31 | - | - | €2.0m | €1.6m | €1.2m | ▼ 25.6% |
| Work in progress32 | - | - | €854,970 | €309,322 | €188,047 | ▼ 39.2% |
| Finished goods33 | - | - | €333,317 | €327,728 | €327,728 | = |
| Goods purchased for resale34 | - | - | €1.4m | €1.7m | €2.3m | ▲ 32.7% |
| Advance payments36 | - | - | €197,804 | €0 | - | - |
| Contracts in progress37 | - | - | €1.5m | €1.7m | €3.4m | ▲ 98.2% |
| Amounts receivable within one year40/41 | €13.3m | €14.9m | €14.6m | €11.4m | €11.3m | ▼ 1.2% |
| Trade receivables40 | - | - | €14.0m | €11.4m | €9.8m | ▼ 14.1% |
| Other amounts receivable41 | - | - | €572,594 | €55,003 | €1.5m | ▲ 2,656% |
| Current investments50/53 | €11.6m | €12.7m | €12.3m | €9.9m | €5.3m | ▼ 47.1% |
| Other investments51/53 | - | - | €12.3m | €9.9m | €5.3m | ▼ 47.1% |
| Cash at bank and in hand54/58 | €2.0m | €2.0m | €1.4m | €1.1m | €2.3m | ▲ 109% |
| Deferred charges and accrued income490/1 | - | - | €676,887 | €322,890 | €89,721 | ▼ 72.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38.2m | €42.6m | €42.3m | €33.7m | €29.9m | ▼ 11.1% |
| Equity10/15 | €22.4m | €22.6m | €22.7m | -€560,460 | -€9.5m | ▼ 1,600% |
| Contributions10/11 | €800,000 | - | €800,000 | €800,000 | €800,000 | = |
| Capital10 | - | - | €800,000 | €800,000 | €800,000 | = |
| Issued capital100 | - | - | €800,000 | €800,000 | €800,000 | = |
| Reserves13 | €21.6m | €21.8m | €21.9m | €21.9m | €21.9m | = |
| Non-distributable reserves130/1 | - | - | €80,000 | €80,000 | €80,000 | = |
| Legal reserve130 | - | - | €80,000 | €80,000 | €80,000 | = |
| Tax-exempt reserves132 | - | - | €81,756 | €81,756 | €81,756 | = |
| Distributable reserves133 | - | - | €21.7m | €21.7m | €21.7m | = |
| Profit (loss) carried forward14 | - | - | - | -€23.3m | -€32.2m | ▼ 38.5% |
| Investment grants15 | - | - | €9,300 | €9,300 | €9,300 | = |
| Provisions and deferred taxes16 | €435,902 | €363,880 | €232,828 | €5.6m | €5.7m | ▲ 0.7% |
| Provisions for liabilities and charges160/5 | - | - | €229,815 | €5.6m | €5.6m | ▲ 0.7% |
| Other liabilities and charges164/5 | - | - | €229,815 | €5.6m | €5.6m | ▲ 0.7% |
| Deferred taxes168 | - | - | €3,013 | €3,013 | €3,013 | = |
| Amounts payable17/49 | €15.3m | €19.7m | €19.4m | €28.6m | €33.8m | ▲ 18.1% |
| Amounts payable after more than one year17 | €871,607 | €870,489 | €890,283 | €1.1m | €1.1m | ▼ 6.4% |
| Financial debts170/4 | - | - | €890,283 | €1.1m | €1.1m | ▼ 6.4% |
| Leasing and similar obligations172 | - | - | €890,283 | €1.1m | €1.1m | ▼ 6.4% |
| Amounts payable within one year42/48 | €8.4m | €14.5m | €17.1m | €20.6m | €25.7m | ▲ 25.0% |
| Current portion of amounts payable after more than one year42 | - | - | €462,237 | €655,139 | €599,631 | ▼ 8.5% |
| Financial debts43 | - | - | €426,438 | €1.2m | €932,875 | ▼ 23.2% |
| Credit institutions430/8 | - | - | €426,438 | €1.2m | €932,875 | ▼ 23.2% |
| Trade debts44 | €1.8m | €2.6m | €2.7m | €5.0m | €7.1m | ▲ 40.4% |
| Suppliers440/4 | - | - | €2.7m | €5.0m | €7.1m | ▲ 40.4% |
| Advances received on contracts in progress46 | - | - | €1.5m | €1.9m | €4.9m | ▲ 154% |
| Taxes, remuneration and social security45 | - | - | €4.3m | €4.8m | €6.2m | ▲ 27.7% |
| Taxes450/3 | - | - | €1.5m | €1.7m | €2.3m | ▲ 34.2% |
| Remuneration and social security454/9 | - | - | €2.8m | €3.1m | €3.9m | ▲ 24.1% |
| Other amounts payable47/48 | - | - | €7.7m | €6.9m | €6.1m | ▼ 12.2% |
| Accrued charges and deferred income492/3 | - | - | €1.4m | €6.9m | €7.0m | ▲ 1.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.3m | €1.2m | €1.2m | -€23.3m | -€9.0m | ▲ 61.5% |
| + Depreciation and write-downs630 | €1.3m | €1.5m | €1.7m | €2.9m | €1.6m | ▼ 43.7% |
| Operating cash flow (approximation) | €3.5m | €2.7m | €2.9m | -€20.4m | -€7.3m | ▲ 64.0% |
| Investment in fixed assets (approximation) | - | -€2.1m | -€3.3m | -€1.1m | -€58,313 | ▲ 94.5% |
| Change in cash | - | -€34,858 | -€573,725 | -€327,179 | €1.2m | ▲ 463% |
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
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 269 days late
2022
31-12
Financial
Weakest financial yearnet -€23.3m
Net result drops to -€23.3m, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 83 days late
2019
31-12
Financial
Highest result since 2018net €2.3m ▲67.8%
Operating result €2.2m, net result €2.3m, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 21 acts read
About the unread acts
We know of 21 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
21 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 1993
Ground area
1.1 ha
Building footprint
687 m²
Volume, LiDAR
10,069 m³
Parcel 21616G0095/00Y000, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SICLI
since 19932.062.783.489
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0095/00Y000 | Brussels | 1.1 ha | 1 · 686 m² | 17.8 m · 5 fl. |
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
Part of the group
Advanced Fire Technologies
11 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
Highest known parent: Advanced Fire Technologies. The sources do not say who stands above it.
Owners 1
-
50.69%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Public money · subsidies and aid
European Union, budget
2021 to 2024 · 6 entries · 429,153 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 2 | 69,339 EUR |
| 2023 | 2 | 99,159 EUR |
| 2022 | 1 | 149,527 EUR |
| 2021 | 1 | 111,129 EUR |
Projects
FRAIS DE SÉCURITÉ
Recognitions · licences · registrations
Legal Entity Identifier
9676001N4WYEACSFUJ11
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Of 24 companies in sector 28293 we hold annual accounts for 20. 2 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded11-05-1993
Fiscal year end31-12
Activities, NACEBEL 2025
28293
25999
27900
43211General electrical installation work
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.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.