Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €25,440 falls due within a year.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 30% of them on solvency, 50% on liquidity and 52% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is insufficient, with a current ratio of 0.98, below 1. Short-term debt is 30% and cash 15.1% of total assets. 77.1% of the assets are financed with debt and provisions.
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.
Shares in 1 company, Carbon 30
Board & ownership| Company | ||||
|---|---|---|---|---|
| SIE Solutions Asse | €84,835 | €23,258 | 22.9% | - |
| Centre Médical Des Lacs de l'Eau d'Heure Cerfontaine | €72,338 | €21,666 | -47.1% | - |
| AE SERVICES Andenne | €77,348 | €27,215 | 18.3% | - |
| BDS Tech & Business Solutions Maldegem | €77,609 | €26,336 | 39.0% | - |
| Barbera Kortenberg | €70,153 | €29,542 | 61.9% | - |
| VOLINCO Waregem | €82,137 | €31,095 | 64.7% | - |
| Sinergia Lendelede | €117,654 | €25,025 | 8.0% | - |
These companies have the same main activity as SIE Solutions: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €70,200 and €118,000, founded between 2023 and 2025.
SIE Solutions has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,395 and a net result of €14,395.
Its solvency ranks better than 29% of 9,701 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €130,000. Estimated: probably between €74,000 and €220,000.
Higher than 29% of 9,701 companies in 2025.
Higher than 26% of 9,319 companies in 2025.
Higher than 58% of 9,443 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
84,835 | |
21/28 |
60,000 | |
28 |
60,000 | |
29/58 |
24,835 | |
50/53 |
11,998 | |
54/58 |
12,837 | |
| Balance sheet: equity and liabilities | ||
10/49 |
84,835 | |
10/15 |
19,395 | |
10/11 |
5,000 | |
13 |
14,395 | |
133 |
14,395 | |
17/49 |
65,440 | |
17 |
40,000 | |
178/9 |
40,000 | |
42/48 |
25,440 | |
44 |
6,633 | |
440/4 |
6,633 | |
45 |
3,723 | |
450/3 |
3,723 | |
47/48 |
15,084 | |
| Income statement | ||
9900 |
23,258 | |
640/8 |
97 | |
9901 |
23,161 | |
75/76B |
98 | |
75 |
98 | |
65/66B |
142 | |
65 |
142 | |
9903 |
23,117 | |
67/77 |
8,722 | |
9904 |
14,395 | |
9905 |
14,395 | |
| Appropriation of the result | ||
9906 |
14,395 | |
691/2 |
14,395 | |
6921 |
14,395 | |
| Document | ||
The notes to these accounts have 3 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 06-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00255211 |
| Line | Trend | 2025 |
|---|---|---|
| 60,000 | ||
| -605 | ||
| 22.9% | ||
| 0.98 | ||
| 3.37 | ||
| 74.2% | ||
| 17.0% |
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.
| Item | 2025 |
|---|---|
| Financial fixed assets | €60,000 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 77.1%.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| DELGO
registered office since 01-07-2011 · founded in 1991 |
total assets €1.1m (2025) 0443.161.326 |
| FIDISE
registered office since 01-07-2011 · founded in 2007 |
total assets €765,370 (2025) 0887.110.035 |
| Van Mieghem, Estee (sole trader)
establishment since 01-04-2026 |
founded in 2026 1037.519.423 |
The network starts from the directors of SIE Solutions. Every other company they run is a node.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Sint Goriksstraat 55 registered office 1730 Asse | 23-12-2024 | 2.367.618.065 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23041A0068/00N000 | 516 m² | 1 · 139 m² | 8.9 m · 2 |
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