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Sics

Active
Limited partnershipfounded 20197 yrs activeBoulevard Gustave-Kleyer 173, 4000 Liège, BelgiumKBO/BCE: BE 0717.787.429

Sics has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8k and a net result of €-3k. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 4355 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
53 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability12▼-65
Solvency50▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies more bankruptcies →
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
25.2%
Return on assets
-9.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
54 d late
2022
31 d late
2021
30 d late
2019
32 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€8k▼ 27.6%
2023 · €11k
2019: €3k 2021: €7k 2022: €9k 2023: €11k
2019 → 2024
Total assets
€32k▼ 9.6%
2023 · €35k
2019: €8k 2021: €12k 2022: €27k 2023: €35k
2019 → 2024
Net result
€-3k
2023 · €2k
2019: €2k 2021: €-1k 2022: €2k 2023: €2k
2019 → 2024
Working capital
€1k▼ 81.8%
2023 · €7k
2019: €2k 2021: €219 2022: €3k 2023: €7k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192021202220232024Trend
Equity€3k-€7k▲ 170%€9k▲ 26.3%€11k▲ 27.4%€8k▼ 27.6%
Operating result€4k-€245▼ 93.2%€4k▲ 1,409%€5k▲ 31.2%€-2k
Net result€2k-€-1k€2k€2k▲ 31.9%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-4k€-2k€0€2k€4kOperating result 2019: €4k€4kNet result 2019: €2k€2kOperating result 2021: €245€245Net result 2021: €-1k€-1kOperating result 2022: €4k€4kNet result 2022: €2k€2kOperating result 2023: €5k€5kNet result 2023: €2k€2kOperating result 2024: €-2k€-2kNet result 2024: €-3k€-3k20192021202220232024
The operating result turns negative in 2024: a loss of €2k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32k
Fixed assets €7k▲ 78.4%
Current assets €25k▼ 20.1%
Equity and liabilities €32k
Equity €8k▼ 27.6%
Debt €24k▼ 1.3%
The debt ratio rises from 68.6% to 74.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€497
2023 · €7k
Cash flow
€-727
2023 · €4k
Solvency
25.2%
2023 · 31.4%
Current ratio
1.06
2023 · 1.30
Quick ratio
1.06
2023 · 1.30
Debt / equity
2.97
2023 · 2.18
ROE
-38.2%
2023 · 21.5%
ROA
-9.6%
2023 · 6.8%
Interest coverage
0.61
2023 · 38.47
Debt
€24k
2023 · €24k
Debt ≤ 1 year
€24k
2023 · €24k
Income taxes
€409
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€35k€32k
Fixed assets21/28€4k€7k
Tangible fixed assets22/27€4k€7k
Furniture and vehicles24€2k€5k
Other tangible fixed assets26€2k€1k
Current assets29/58€32k€25k
Amounts receivable within one year40/41€4k€4k
Trade receivables40€4k€4k=
Other amounts receivable41-€7
Cash at bank and in hand54/58€28k€22k
Equity and liabilities
Total equity and liabilities10/49€35k€32k
Equity10/15€11k€8k
Contributions10/11€500€500=
Profit (loss) carried forward14€11k€8k
Amounts payable17/49€24k€24k
Amounts payable within one year42/48€24k€24k
Trade debts44€940€4k
Suppliers440/4€940€1k
Bills of exchange payable441-€3k
Advances received on contracts in progress46€15k€13k
Taxes, remuneration and social security45€8k€6k
Taxes450/3€6k€5k
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€365€78
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€2k€1k
Gross operating margin9900€8k€2k
Operating profit (loss)9901€5k€-2k
Financial charges65/66B€178€815
Recurring financial charges65€178€815
Profit (loss) for the period before taxes9903€5k€-3k
Income taxes67/77€2k€409
Profit (loss) for the period9904€2k€-3k
Profit (loss) for the period to be appropriated9905€2k€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€11k€8k
Profit (loss) brought forward from the previous period14P€8k€11k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Weakest financial yearnet €-3k ▼228%
Net result drops to €-3k, the lowest in the series.
23-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial Highest result since 2019net €2k ▲31.9%
Operating result €5k, net result €2k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2020
01-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Liège · 1 establishment unit since 2019
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Boulevard Gustave-Kleyer 1734000 Liège
Ground area
343 m²
Building footprint
46 m²
Volume, LiDAR
442 m³
Parcel 62803D0166/00K004, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sics
Boulevard Gustave-Kleyer 173, 4000 LiègeManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20192.284.740.473
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62803D0166/00K004 Wallonia 343 m² 1 · 46 m² 10.9 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,295 companies in sector 74120 we hold annual accounts for 1,011. 678 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formLimited partnership
Founded08-01-2019
Fiscal year end31-12
Activities, NACEBEL
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
71113Urban planning and landscape architecture
74109Other professional, scientific and technical activities
74140Other specialised design activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:sicsconsult@gmail.com
Enterprise
Phone:+32498800278
Enterprise