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Sidelec

Active Public limited companyfounded 1972active for 54 yearsLijsterbessebomenlaan 6, 1180 UccleKBO/BCE: BE 0412.733.713

Lifetime

19 annual accounts with figures on one time axis, 47 filings since 1977
peak €103,914 (2019)
-€10,159▲ €19,285
lowest -€1.2m (2008)
-€27,727▲ €129,926
peak €4.8m (2005)
€196,892▼ 12.3%
€412,080▲ 6.9%
peak 1.5 FTE (2008)
-not published
Board4 names since 2019
- 
Documentsfilings and deeds
23-09-2025419 days late
2023micro format
Accounts not filed 15-09Judicial dissolution, liquidator appointed 02-05Gross margin from -€29,444 to -€10,159Loss of €27,727Equity from €224,619 to €196,892

Key points

from the 2023 annual accounts

Equity

€196,892 from €4.8m in 2005

Equity fell by 96% in 18 years.

Losses

-€930,569 in seven years
-55,9332017-80,5432018-579,8482019-18,1962020-10,6692021-157,6532022-27,7272023

Every financial year from 2017 to 2023 closed with a loss. 2019 was the heaviest.

Filings

47 annual accounts 466 days past the deadline
AprilJune31 JulyOctober198019952010

2024 accounts not filed: deadline was 31-07-2025.

2023 figures too old to score

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Bankruptcy probability within 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 12-2024: 2.7% 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 11-2026: 6.5%● unchanged vs 10-2026

Financial strength, FY 2023
Weak

57-5equity 32.3% of total assets
41-3short-term debt 67.7% · cash 21.6%
13+13return on assets -4.6%
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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed on 25-09-2025)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 419 days late; 3 of the last 3 accounts 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 the company's 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 deadline09-11-2026 today
raises risk · 2023 accounts filed 419 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

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

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 3 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Accounts not filedUBO non-complianceStrikeout withdrawal

Board and ownership

PF
Managing director
Board & ownership

Recent changes

New managing director Pierre-François GRIMALDI appointed, SRL TOOGEZER resigned · General meeting of 20-06-2025 · Gazette deed
End & cessation Gazette deed
UBO non-compliance effective 22-02-2024 · KBO administration
Accounts not filed KBO administration
All 60 events

Official details

Source: KBO
Status
Active since 26-10-1972Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.025.949.7201400 Nivelles, since 01-03-1991
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2023

€608,972▼ 0.2%
Filing
Filed on 23-09-2025
Financials

Insights on Sidelec

Sidelec files the micro format. That format states no turnover. The gross margin rose from -€128,080 in 2005 to -€10,159 in 2023.

In March 2026, the Official Gazette published the appointment of Pierre-François GRIMALDI 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 Sidelec

What is the company number of Sidelec?
The company number of Sidelec is 0412.733.713. The VAT number is the same number with BE in front: BE 0412.733.713.
Where is Sidelec based?
The registered office is at Lijsterbessebomenlaan 6, 1180 Uccle.Company details
What is the legal form of Sidelec?
Sidelec is a public limited company (NV).
When was Sidelec founded?
Sidelec was founded on 26-10-1972.
Is Sidelec still active?
Yes, Sidelec is an active enterprise in the KBO register.
What is the turnover of Sidelec?
The annual accounts for financial year 2023 state no turnover.Financials
Is Sidelec profitable?
In financial year 2023, Sidelec made a loss of €27,727.
Where can I find the annual accounts of Sidelec?
Sidelec filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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