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Sicolim

Active Public limited companyfounded 1993active for 33 yearsRue de Rhisnes, Emines 45, 5080 La BruyèreKBO/BCE: BE 0450.087.324

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €234,089 (2023)
€185,032▼ 3.2%
lowest -€57,479 (2011)
-€11,932▼ €2,976
peak -€115,750 (2008)
-€158,806▼ €11,932
€776,760▼ 7.7%
peak 2 FTE (2017)
-not published
Board5 names since 2019
5 directorsGOFFINET Martine and 4 others
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Loss of €11,932

Key points

from the 2025 annual accounts

Equity

-€158,806
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€20,889 in two years
-8,9562024-11,9322025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Turnover

≈ €470,000 estimated

The accounts state no turnover.

Debts

€776,760 126% of the balance sheet
Financial debts 11%Suppliers 1%Taxes and wages 0%Other 88%

Of this, €53,105 falls due within a year.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2019 accounts came latest: 66 days after the end of the period.

Position in the sector

-€158,806

Less equity than 87% of companies in accommodation. Sector median €207,775 · 893 companies.

Checked score

55
Fair
Financially stronger than 40% of micro companies in accommodation (NACE 55)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%▼ -0.4 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.5%▲ +0.1 percentage points vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.6 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Weak

0-4equity -25.7% of total assets
53=short-term debt 8.6% · cash 2.3%
66-1return on assets -1.9%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€158,806
lowers risk
Size: total assets €617,954
Founded in 1993
Figures for financial year 2025 (filed on 02-09-2026)
Calculation

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 55, micro). It does better than 8% of them on solvency, 65% on liquidity, 53% on profitability and 33% on growth.

The bankruptcy probability was computed on 07-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 2,796 companies had the same profile as Sicolim has now. Each dot stands for 7 companies, two years later.

90.4%
were still trading
6.0%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Sicolim itself is lower: 0.3% within 12 months. It rests on far more data about Sicolim than the profile alone.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,796 companies, not a prediction for Sicolim. 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.

Credit verdict

No credit on open account

Liquidity is ample, with a current ratio of 2.56 (2.12 in 2024), above the usual 1.5. Short-term debt is 8.6% and cash 2.3% of total assets. However, equity is negative.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €617,954
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€158,806
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 02-09-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€158,806
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
29 days late
2023
29 days late
2022
31 days late
2021
30 days late
2020
31 days late
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 35 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GM
Managing director
RM
Managing director
RP
Managing director
DJ
Director, since 27-06-2025
RM
Director, since 27-06-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0450087324
3 directors appointed, 5 reappointments Reappointments: GOFFINET Martine, RUZETTE Marie des Neiges, RUZETTE Philippine, RUZETTE Marc-Antoine and DULIEU Jean-François · Appointments: GOFFINET Martine, RUZETTE Marie des Neiges and RUZETTE Philippine · Capital of €178,483.34, 720 shares · Gazette deed
First establishment LE CHATEAU D'EMINES, Rue de Rhisnes, Emines 5, La Bruyère
Incorporation published on 02-06-1993 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
Sicolim La Bruyère €0.6m €185,032 -25.7% -
KABA HOSTEL Ghent €0.8m €133,414 19.4% -
La Cabriole Fernelmont €0.3m €316,495 76.7% -
7-LING Heuvelland €1.1m €98,664 18.6% -
METROPOLSKI Bruges €0.9m €565,665 7.1% 9.6
DELHUZO Diksmuide €0.9m €558,014 33.4% 8.1
CENTRES ARC-EN-CIEL Tournai €0.7m €314,830 33.4% 4.9

These companies have the same main activity as Sicolim: accommodation (NACE 55201). They are comparable in size and age: total assets between €324,000 and €1.1m, founded between 1972 and 1993.

Official details

Source: KBO
Status
Active since 14-05-1993Normal situation
Activity
AccommodationNACE 55201and 3 others
Establishment unit
2.062.345.1105080 La Bruyère, since 08-06-1993
Financial year end
31 December
Peppol
Reachable since 11-01-2026
Company details

Annual accounts 2025

€617,954▼ 11.1%
Employeeson 31-12-2025
2
Filing
Filed on 28-08-2026
Financials

Insights on Sicolim

Sicolim files the abbreviated format. That format states no turnover. The gross margin rose from €69,447 in 2006 to €185,032 in 2025.

In August 2024, the Official Gazette published the appointment of GOFFINET Martine as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Sicolim

What is the company number of Sicolim?
The company number of Sicolim is 0450.087.324. The VAT number is the same number with BE in front: BE 0450.087.324.
Where is Sicolim based?
The registered office is at Rue de Rhisnes, Emines 45, 5080 La Bruyère.Company details
What does Sicolim do?
According to the KBO register, the main activity is accommodation (NACE 55201).
What is the legal form of Sicolim?
Sicolim is a public limited company (NV).
When was Sicolim founded?
Sicolim was founded on 14-05-1993.
Is Sicolim still active?
Yes, Sicolim is an active enterprise in the KBO register.
How many employees does Sicolim have?
Sicolim had an average of 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Sicolim?
The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €185,032 and 1,647 comparable companies of the same size. It probably lies between €290,000 and €880,000. It is a rough estimate.
Is Sicolim profitable?
In financial year 2025, Sicolim made a loss of €11,932.
Where can I find the annual accounts of Sicolim?
Sicolim filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Sicolim due?
Sicolim must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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