SICTAX

Active

Private limited companyfounded 199333 yrs activeOLV van Lourdeslaan 38, 1090 Jette, BelgiumKBO/BCE: BE 0449.801.668

The computed 12-month bankruptcy probability of SICTAX is 2.3% (moderate). The 2024 annual accounts show equity of €22k and a net result of €-11k. Equity is growing by ~24.5% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

52 / 100

Fair= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency100=

Growth52=

Stability100

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

balance sheet total too small for a liquidity verdict, and 0.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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

99.6%

Return on assets

-49%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

70 d early

2024

30 d early

2023

29 d late

2022

30 d late

2021

31 d late

2020

31 d late

2019

61 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

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

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-11k▼ 94.8%

2023 · €-5k

2018: €3k 2019: €2k 2020: €6k 2021: €17k 2022: €6k 2023: €-5k

2018 → 2024

Working capital

€22k▼ 35.8%

2023 · €34k

2018: €6k 2019: €9k 2020: €15k 2021: €32k 2022: €37k 2023: €34k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€15k-€32k▲ 119%€38k▲ 18.0%€32k▼ 14.5%€22k▼ 33.0%

Operating result€7k-€18k▲ 175%€6k▼ 67.9%€-5k€-11k▼ 95.5%

Net result€6k-€17k▲ 174%€6k▼ 66.9%€-5k€-11k▼ 94.8%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €11k in 2024 against €5k in 2023; the loss grows and 2024 is the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €22k

99.6%

Equity €22k▼ 33.0%

Debt €90▼ 96.3%

The debt ratio falls from 7.0% to 0.4%: debt falls faster than equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-10k▼

2023 · €-5k

Cash flow

€-10k▼

2023 · €-5k

Solvency

99.6%▲

2023 · 93.0%

Debt / equity

0.00▼

2023 · 0.08

ROE

-49.2%▼

2023 · -16.9%

ROA

-49.0%▼

2023 · -15.7%

Interest coverage

-202.22▼

2023 · -112.13

Debt

€90▼

2023 · €2k

Debt ≤ 1 year

€90▼

2023 · €694

A ratio outside any meaningful range has been withheld (balance sheet total €22k, equity €22k).

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€22k▼

Fixed assets21/28€345€0▼

Tangible fixed assets22/27€345€0▼

Furniture and vehicles24€345€0▼

Current assets29/58€35k€22k▼

Amounts receivable within one year40/41€4k€4k▲

Trade receivables40-€4k

Other amounts receivable41€4k-

Cash at bank and in hand54/58€30k€17k▼

Equity and liabilities

Total equity and liabilities10/49€35k€22k▼

Equity10/15€32k€22k▼

Contributions10/11€6k€6k=

Outside capital11€6k-

Other1109/19€6k-

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€24k€14k▼

Amounts payable17/49€2k€90▼

Amounts payable within one year42/48€694€90▼

Trade debts44€694€90▼

Suppliers440/4€694€90▼

Accrued charges and deferred income492/3€2k-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€406€345▼

Other operating charges640/8€575€123▼

Non-recurring operating charges66A€1k-

Gross operating margin9900€-3k€-10k▼

Operating profit (loss)9901€-5k€-11k▼

Financial charges65/66B€45€51▲

Recurring financial charges65€45€51▲

Profit (loss) for the period before taxes9903€-5k€-11k▼

Profit (loss) for the period9904€-5k€-11k▼

Profit (loss) for the period to be appropriated9905€-5k€-11k▼

Appropriation of the result

Profit (loss) to be appropriated9906€24k€14k▼

Profit (loss) brought forward from the previous period14P€30k€24k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

01-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-11k

Net result drops to €-11k, the lowest in the series.

31-12

Financial Liquidity times 5current ratio 242.74

Current ratio from 49.81 to 242.74; short-term debt falls from €694 to €90.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

31-12

Financial Liquidity times 6current ratio 49.81

Current ratio from 8.66 to 49.81; short-term debt falls from €5k to €694.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 30 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 31 days late

2021

31-12

Financial Highest result since 2018net €17k ▲174%

Operating result €18k, net result €17k, both a record.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 31 days late

2020

31-12

Financial Liquidity quadruplescurrent ratio 14.24

Current ratio from 3.18 to 14.24; short-term debt falls from €4k to €1k.

30-09

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 61 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 30 days late

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 30 days late

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.