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SIDEC

Active Private limited companyfounded 2024active for 2 yearsMontjoielaan 8-12, 1180 UccleKBO/BCE: BE 1012.743.445
SIDEC
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Overview

Lifetime

1 annual account with figures
peak €7,140 (2025)
€7,140 
lowest -€185,472 (2025)
-€185,472 
peak -€165,472 (2025)
-€165,472 
€365,617 
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Loss of €185,472First year with figures

Key points

from the 2025 annual accounts

Equity

-€165,472
2025

Debts exceed assets in financial year 2025.

Debts

€365,617 183% of the balance sheet
Financial debts 40%Suppliers 45%Taxes and wages 6%Other 9%

Of this, €238,472 falls due within a year.

Position in the sector

-€185,472

Lower net result than 95% of companies in retail trade. Sector median €4,767 · 25,234 companies.

2025 accounts filed 61 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 7,654 companies had the same profile as SIDEC has now. Each dot stands for 20 companies, two years later.

84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 7,654 companies, not a prediction for SIDEC. 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

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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.

Signals

Board and ownership

Managing director
Managing director
  • founderdeed of 27-08-2024
  • founderdeed of 27-08-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1012743445
Incorporation Founding capital of €20,000, 2,000 shares · Founders: and · Appointments: (director) and (director) · published on 27-08-2024 · Gazette deed
First establishment Montjoielaan 8-12, Uccle
All 4 events

Comparable companies

same main activity, similar in size and age
Company
SIDEC Uccle €200,146 €7,140 -82.7% -
LACROIX-HOVINNE Tournai €236,874 €8,186 5.2% -
ZINDA La Louvière €246,439 €6,997 3.4% -
KEFERZI EXPRESS Uccle €211,957 €12,236 -19.2% -
AFG BUSINESS BN Anderlecht €216,037 €4,390 3.0% -
LUSO BRASIL MINI MARKET Herenthout €285,043 €5,167 1.4% -
FOOD WORLD Charleroi €158,341 €4,912 34.7% -

These companies have the same main activity as SIDEC: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €158,000 and €285,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 23-08-2024Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
Establishment unit
2.363.014.3271180 Uccle, since 23-08-2024
Financial year end
31 December
Peppol
Reachable since 30-06-2026
Company details

Annual accounts 2025

€7,140
≈ €210,000estimated
€185,472
-€165,472
€200,146
≈ 4.2 FTEestimated
Filing
Filed on 30-09-2026
Financials

Insights on SIDEC

The 2025 annual accounts show negative equity (-€165,472) and a net result of -€185,472. Its solvency ranks better than 10% of 25,263 sector peers (NACE 47, financial year 2025).

The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-09-2026, 61 days late
€7,140
-€164,639
-€185,472
-€180,690
-82.7%
0.24

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €210,000. Estimated: probably between €110,000 and €370,000.

Balance sheet

balance sheet total €200,146 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

Compare with sector

-82.7%

Higher than 10% of 25,263 companies in 2025.

0.24

Higher than 6% of 24,269 companies in 2025.

-92.7%

Lower than 95% of 24,459 companies in 2025.

SIDEC Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 200,146
21/28 142,363
21 139,750
22/27 2,614
24 2,614
29/58 57,782
3 46,743
30/36 46,743
40/41 6,839
40 5,521
41 1,318
490/1 4,201
Balance sheet: equity and liabilities
10/49 200,146
10/15 -165,472
10/11 20,000
14 -185,472
17/49 365,617
17 127,145
170/4 127,145
42/48 238,472
42 27,802
43 17,625
430/8 17,625
44 164,522
440/4 164,522
45 22,386
450/3 17,970
454/9 4,416
47/48 6,137
Income statement
9900 7,140
62 145,410
630 25,592
640/8 778
9901 -164,639
75/76B 195
75 195
65/66B 21,027
65 21,027
9903 -185,472
9904 -185,472
9905 -185,472
Appropriation of the result
9906 -185,472
Document PDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00536782.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00536782 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
-139,048
-159,880
169,465
-180,690
-82.7%
0.24
0.05
-92.7%
-6.61

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€4,465
Intangible fixed assets€165,000
€25,592

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on SIDEC

Equity is negative. Debt (€365,617) exceeds the balance-sheet total (€200,146).

Board & ownership

Board

2 directors, 2 in day-to-day management, since incorporation
Director (not named in the articles) and managing director
appointed by deed of 27-08-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 30-09-2026
Director (not named in the articles) and managing director
appointed by deed of 27-08-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 30-09-2026
,

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director (not named in the articles), Managing director

Director (not named in the articles), Managing director
LeadershipBoard
Mandates as a list
    • Director (not named in the articles), appointed by deed of 27-08-2024, still in office
    • Managing director, appointed by deed of 27-08-2024, still in office
    • Director (not named in the articles), appointed by deed of 27-08-2024, still in office
    • Managing director, appointed by deed of 27-08-2024, still in office

See the board, name and registered office on a given date →

Control

Founders
,
This company
SIDEC
Equity -€165,472
Loss €185,472 in 2025

Capital

Contribution
€20,000
Shares
2,000
Contribution per share
€10
Equity per share
-€82.74 in 2025
Source
deed of 27-08-2024

Articles of association

deed of 27-08-2024 (in French)
Daily managementDay-to-day management handles the everyday running of the business without the full board.
The delegates act alone
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Tout administrateur peut donner mandat à un de ses collègues pour le représenter à une réunion déterminée du conseil d’administration et…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
8 May at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Founders

At incorporation deed of 27-08-2024 ↗
  • founder
  • founder

Network & group

No group

SIDEC has no parent and no holdings in its annual accounts. SIDEC shares no director with another company.

Timeline

Timeline

4 events since 2024
2026
Annual accounts 2025 filed NBBmicro format · 61 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1012743445
2024
IncorporationFounding capital of €20,000, 2,000 shares · Founders: and · Appointments: (director) and (director) · published on 27-08-20249 points ▸
  • Founder,
  • Founder,
  • Registered office clause, (1180) Uccle, avenue Montjoie 8-12
  • Board rule, 2
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Director appointment, (managing director)
  • Director appointment, (managing director)
  • Founding capital, €20,000, 2,000 shares
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

First establishment Montjoielaan 8-12, Uccle

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1012.743.445
VAT number
BE 1012.743.445
Peppol ID
0208:1012743445
Other Peppol ID
9925:BE1012743445
Legal form
Private limited company
Status
Active, normal situation
Founded
23-08-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
8 May at 18:00
deed of 27-08-2024 (in French)
Proxy ruleThe articles set whether a shareholder may be represented at the meeting by someone else.
“Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission, une procuration écrite pour le…”
deed of 27-08-2024 (in French)
Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
“De la classe A (à savoir des actions appartenant au(x) fondateur(s) donne droit à deux voix, de la classe B (à savoir des actions…”
“Sauf dans les cas prévus par la loi ou les présents statuts, les décisions sont prises à la majorité des voix, quel que soit le nombre de…”
deed of 27-08-2024 (in French)
Peppol
Reachable since 30-06-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SIDEC in French
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-capitale”
deed of 27-08-2024 (in French)

Activities

NACEBEL 2025
VAT activities
47110 Non-specialised retail sale with food, beverages or tobacco predominating main activity
Social security (RSZ) activities
47110 Non-specialised retail sale with food, beverages or tobacco predominating main activity
Codes under NACEBEL 2008
VAT activities
47113 Retail trade main activity
Social security (RSZ) activities
47113 Retail trade main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Exploitation d'un magasin à rayons multiples et d'un supermarché; Achat et la vente, l'exportation, l'importation, en gros, demi-gros et en…”
42 activities
  1. Exploitation d'un magasin à rayons multiples et d'un supermarché
  2. Achat et la vente, l'exportation, l'importation, en gros, demi-gros et en détail de tous produits manufacturés
  3. Alimentation en général
  4. Salaisons en général
  5. Viandes fraîches ou congelées
  6. Gibier et volaille
  7. Poissonnerie
  8. Pâtisserie
  9. Margarine, beurre et autres produits laitiers
  10. Fruits
  11. Légumes
  12. Conserves en général
  13. Confection en général
  14. Chapellerie en général
  15. Maroquinerie
  16. Mercerie
  17. Articles de mode
  18. Chaussures en général
  19. Cordonnerie
  20. Librairie
  21. Papeterie
  22. Articles de bazar et quincaillerie
  23. Jouets
  24. Bijouterie et fausse bijouterie
  25. Horlogerie
  26. Tabacs et articles de fumeurs
  27. Parfumerie
  28. Articles de cadeaux
  29. Faïences et verreries
  30. Droguerie en général
  31. Produits de nettoyage en général
  32. Électricité en général
  33. Appareils électroménagers
  34. Postes de radio et de télévision et accessoires
  35. Meubles et articles d'ameublement
  36. Outillage en général
  37. Toutes fleurs artificielles et naturelles
  38. Tous articles vendus par les magasins à rayons multiples
  39. Toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter ou développer la réalisation
  40. S'intéresser par toutes voies dans toutes sociétés, associations ou entreprises ayant un objet similaire ou connexe
  41. Exercer les fonctions d'administrateur ou de liquidateur dans d'autres sociétés
  42. Se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées
deed of 27-08-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Montjoielaan 8-12 registered office 1180 Uccle 23-08-2024 2.363.014.327 Retail with processing activity

Buildings and parcels at the address

Ground area
182 m²
Buildings
182 m²
Volume, LiDAR
2,345 m³
Tallest building
19.2 m
Buildings to scale, each on its own parcel
182 m², 19.2 m 182 m², 19.2 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
21612C0056/02S085182 m² 1 · 182 m² 19.2 m · 5

Recognitions

Food safety, FASFC

1 site
Uccleunit number 2.363.014.327
1 permission
Authorisation · Retail with processing activity · since 12-11-2024

Source: FAVV-AFSCA, open data, updated on 02-11-2026

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