SIEBE MAES
ActiveSummary
The computed 12-month bankruptcy probability of SIEBE MAES is 1.9% (moderate). The 2025 annual accounts show equity of €46k and a net result of €12k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 32% of 27786 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+28
Solvency55▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.59 in 2024; short-term debt: 28.8% and cash: 9.1% of total assets), and 69.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.4%
Return on assets
7.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
14 d early
2024
on the day
2023
15 d early
2022
11 d early
2021
31 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▲ 34.3%
2024 · €34k
2019: €21k
2020: €25k
2021: €45k
2022: €56k
2023: €46k
2024: €34k
2019 → 2025
Total assets
€150k▼ 12.4%
2024 · €171k
2019: €58k
2020: €102k
2021: €179k
2022: €176k
2023: €160k
2024: €171k
2019 → 2025
Net result
€12k
2024 · €-12k
2019: €3k
2020: €4k
2021: €20k
2022: €11k
2023: €-10k
2024: €-12k
2019 → 2025
Working capital
€-9k▲ 66.3%
2024 · €-27k
2019: €1k
2020: €-50k
2021: €-34k
2022: €-32k
2023: €-12k
2024: €-27k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€56k▲ 24.5%€46k▼ 17.6%€34k▼ 26.1%€46k▲ 34.3%
Operating result€25k-€15k▼ 40.7%€-8k€-6k▲ 26.0%€15k
Net result€20k-€11k▼ 45.4%€-10k€-12k▼ 22.2%€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€116k ▼ 12.4%
Current assets
€34k ▼ 12.2%
Equity and liabilities €150k
Equity
€46k ▲ 34.3%
Debt
€104k ▼ 23.9%
Debt's share of the balance-sheet total falls from 80.2% to 69.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2024 · €28k
Cash flow
€46k▲
2024 · €22k
Current ratio
0.79▲
2024 · 0.59
Debt to equity
2.29▼
2024 · 4.04
ROE
25.5%▲
2024 · -35.4%
ROA
7.8%▲
2024 · -7.0%
Interest coverage
13.61▲
2024 · 4.77
Debt ≤ 1 year
€43k▼
2024 · €66k
Debt > 1 year
€61k▼
2024 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€171k€150k▼
Fixed assets21/28€133k€116k▼
Tangible fixed assets22/27€132k€115k▼
Land and buildings22€39k€34k▼
Plant, machinery and equipment23€41k€38k▼
Leasing and similar rights25€52k€43k▼
Financial fixed assets28€250€825▲
Current assets29/58€39k€34k▼
Amounts receivable within one year40/41€37k€19k▼
Trade receivables40€27k€18k▼
Other amounts receivable41€11k€252▼
Cash at bank and in hand54/58€280€14k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€171k€150k▼
Equity10/15€34k€46k▲
Contributions10/11€19k€19k=
Reserves13€15k€27k▲
Distributable reserves133€15k€27k▲
Amounts payable17/49€137k€104k▼
Amounts payable after more than one year17€71k€61k▼
Financial debts170/4€29k€11k▼
Other amounts payable178/9€42k€50k▲
Amounts payable within one year42/48€66k€43k▼
Current portion of amounts payable after more than one year42€30k€24k▼
Trade debts44€32k€16k▼
Suppliers440/4€32k€16k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▲
Other operating charges640/8€1k€641▼
Non-recurring operating charges66A-€203
Gross operating margin9900€29k€50k▲
Operating profit (loss)9901€-6k€15k▲
Financial income75/76B€1€14▲
Recurring financial income75€1€14▲
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€-12k€12k▲
Profit (loss) for the period9904€-12k€12k▲
Profit (loss) for the period to be appropriated9905€-12k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€12k▲
Transfer from equity791/2€12k-
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €20k ▲380%
Operating result €25k, net result €20k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industrieweg (H) 323980 Tessenderlo-HamGround area
3,472 m²
Building footprint
150 m²
Parcel 71363C1107/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
SIEBE MAES
since 20182.281.505.722
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71363C1107/00C000 | Flanders | 3,472 m² | 1 · 150 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,457 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
01610Support activities for crop production
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.