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Sidelec

Active
Public limited companyfounded 1972active for 53 yearsLijsterbessebomenlaan 6, 1180 Ukkel, BelgiumKBO/BCE: BE 0412.733.713
Summary

The computed 12-month bankruptcy probability of Sidelec is 6.5% (elevated). For Sidelec, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €196,892 and a net result of -€27,727. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. The company has been active since 1972 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 3 administrative register entries (see administrative flags).

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SidelecActive
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Overview

Activity
Activity not known1 site
Size
€608,972total assets 2023
Equity
€196,892
Loss
-€27,727
Financial health
Bankruptcy probabilitywithin 12 months
6.5%
2023 figures too old to score
Structure
Accounts 442 days overdue2 of 17 deeds read
Signalsraises riskFigures for financial year 2023 (filed 25-09-2025)2 financial years not filed after the legal deadline; latest accounts 419 days late; 3 of the last 3 late2 ex-officio strike-offs in the KBOTwo or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationslowers riskSize: total assets €608,972Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 57-5
equity 32.3% of total assets
Liquidity 41-3
short-term debt 67.7% · cash 21.6%
Profitability 13+13
return on assets -4.6%
Bankruptcy probability, 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.7% 12-2024: 2.7%● unchanged vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 2.7%● unchanged vs 05-2025 07-2025: 2.7%● unchanged vs 06-2025 08-2025: 2.7%● unchanged vs 07-2025 09-2025: 2.7%● unchanged vs 08-2025 10-2025: 2.6%▼ -0.1 percentage points vs 09-2025 11-2025: 2.5%▼ -0.1 percentage points vs 10-2025lowest value 12-2025: 3.3%▲ +0.8 percentage points vs 11-2025 01-2026: 6.5%▲ +3.2 percentage points vs 12-2025 02-2026: 6.5%● unchanged vs 01-2026 03-2026: 6.9%▲ +0.4 percentage points vs 02-2026highest value 04-2026: 5.8%▼ -1.1 percentage points vs 03-2026 05-2026: 5.8%● unchanged vs 04-2026 06-2026: 5.8%● unchanged vs 05-2026 07-2026: 5.8%● unchanged vs 06-2026 08-2026: 6.5%▲ +0.7 percentage points vs 07-2026 09-2026: 6.5%● unchanged vs 08-2026 10-2026: 6.5%● unchanged vs 09-2026
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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed 25-09-2025)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 419 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €608,972
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2 ex-officio strike-offs in the KBO
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline16-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-09-2025, 419 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
419 days late
2022
785 days late
2021
1150 days late
2020
1515 days late
2019
1880 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 1150 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingUBO non-complianceStrikeout withdrawal
  1. Resignation: SRL TOOGEZER (managing director)Appointment: Pierre-François GRIMALDI (managing director)
  2. End & cessationCourt decision
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 442 days late View
  • Risk: 6 loss-making years in a rowloss financial year 2023 -€27,727 View
  • Positive: Result rose in 2023from -€157,653 to -€27,727 ▲ 82.4% View
  • Board changedlatest change 12-03-2026 · 0 in office 1 joined · 1 left View
  • Active since 1972founded 26-10-1972 53 years View

By topic

Financials

Financial year
2023
Total assets
€608,972
Loss
-€27,727
Solvency
32.3%
Total assets▼ 0.2%
Net result
20182023
Go to Financials

Timeline

Events
54
Since
1978
  1. 23-09-2025Annual accounts filed
  2. 23-09-2025Annual accounts filed
  3. 23-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
26-10-1972
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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