SIEGCO
InactiveInactive; last annual accounts for fiscal year 2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 05-03-2026 was due by 05-10-2026 and was filed on 31-03-2026, 188 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
188 d early
2025
122 d early
2024
35 d early
2023
5 d early
2022
25 d late
2021
30 d late
2020
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?VERLINVEST GROUP · 18 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, full schema, statutory accounts
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€121,175
2025 · €50,953
Working capital
€13.4m▲ 0.4%
2024 · €13.4m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€57,771▲ 99.0%-€58,049▼ 0.5%-€177,199▼ 205%-€201,904▼ 13.9%-€148,413▲ 26.5%
Net result€812,361▼ 99.8%-€30,454€91,524€50,953▼ 44.3%-€121,175
Equity€13.3m▲ 6.5%€13.3m▼ 0.2%€13.4m▲ 0.7%€13.4m▲ 0.4%€13.3m▼ 0.9%
Total assets€13.4m▼ 81.1%€13.3m▼ 0.4%€13.5m▲ 1.8%€13.6m▲ 0.3%€13.3m▼ 1.9%
Debt€25,622▼ 100.0%€3,178▼ 87.6%€144,517▲ 4,448%€137,623▼ 4.8%
Working capital€13.3m▲ 6.5%€13.3m▼ 0.2%€13.4m▲ 0.7%€13.4m▲ 0.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €148,413 in 2026 against €201,904 in 2025; the loss shrinks.
Key figures and ratios
Solvency
100.0%▲
2025 · 99.0%
ROE
-0.9%▼
2025 · 0.4%
ROA
-0.9%▼
2025 · 0.4%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Operating charges60/66A | €57,771 | €58,049 | - | - | - | - |
| Services and other goods61 | €55,420 | €57,069 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,482 | - | - | - | - | - |
| Other operating charges640/8 | €868 | €980 | €968 | €998 | - | - |
| Non-recurring operating charges66A | - | - | - | €18,639 | - | - |
| Gross operating margin9900 | - | - | -€176,232 | -€182,267 | -€148,413 | ▲ 18.6% |
| Operating profit (loss)9901 | -€57,771 | -€58,049 | -€177,199 | -€201,904 | -€148,413 | ▲ 26.5% |
| Financial income75/76B | €946,285 | €28,147 | €269,175 | €253,369 | €27,479 | ▼ 89.2% |
| Recurring financial income75 | €946,285 | €28,147 | €269,175 | €253,369 | €27,479 | ▼ 89.2% |
| Income from current assets751 | €945,058 | €28,085 | - | - | - | - |
| Other financial income752/9 | €1,227 | €62 | - | - | - | - |
| Financial charges65/66B | €60,108 | €552 | €451 | €512 | €241 | ▼ 52.8% |
| Recurring financial charges65 | €60,108 | €552 | €451 | €512 | €241 | ▼ 52.8% |
| Other financial charges652/9 | €60,108 | €552 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €828,406 | -€30,454 | €91,524 | €50,953 | -€121,175 | ▼ 338% |
| Income taxes67/77 | €16,046 | - | - | - | - | - |
| Taxes670/3 | €16,046 | - | - | - | - | - |
| Profit (loss) for the period9904 | €812,361 | -€30,454 | €91,524 | €50,953 | -€121,175 | ▼ 338% |
| Transfer from tax-exempt reserves789 | - | - | - | €84,000 | - | - |
| Profit (loss) for the period to be appropriated9905 | €812,361 | -€30,454 | €91,524 | €134,953 | -€121,175 | ▼ 190% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.4m | €13.3m | €13.5m | €13.6m | €13.3m | ▼ 1.9% |
| Current assets29/58 | €13.4m | €13.3m | €13.5m | €13.6m | €13.3m | ▼ 1.9% |
| Amounts receivable within one year40/41 | €1.2m | €18,639 | €78,041 | €138,886 | €97,984 | ▼ 29.4% |
| Other amounts receivable41 | €1.2m | €18,639 | €78,041 | €138,886 | €97,984 | ▼ 29.4% |
| Current investments50/53 | - | - | €13.3m | €13.4m | - | - |
| Cash at bank and in hand54/58 | €12.2m | €13.3m | €98,330 | €7,660 | €13.2m | ▲ 172,491% |
| Deferred charges and accrued income490/1 | - | - | €71,169 | €38,985 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.4m | €13.3m | €13.5m | €13.6m | €13.3m | ▼ 1.9% |
| Equity10/15 | €13.3m | €13.3m | €13.4m | €13.4m | €13.3m | ▼ 0.9% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €417,554 | €417,554 | €417,554 | €417,554 | €417,554 | = |
| Non-distributable reserves130/1 | €333,554 | €333,554 | €333,554 | €333,554 | €333,554 | = |
| Legal reserve130 | €333,554 | €333,554 | €333,554 | €333,554 | €333,554 | = |
| Tax-exempt reserves132 | €84,000 | €84,000 | €84,000 | - | - | - |
| Distributable reserves133 | - | - | - | €84,000 | €84,000 | = |
| Profit (loss) carried forward14 | €11.9m | €11.9m | €12.0m | €12.0m | €11.9m | ▼ 1.0% |
| Amounts payable17/49 | €25,622 | €3,178 | €144,517 | €137,623 | - | - |
| Amounts payable within one year42/48 | €25,622 | €3,178 | €144,517 | €137,623 | - | - |
| Trade debts44 | €9,576 | €3,178 | €144,517 | €137,623 | - | - |
| Suppliers440/4 | €9,576 | €3,178 | €144,517 | €137,623 | - | - |
| Taxes, remuneration and social security45 | €16,046 | - | - | - | - | - |
| Taxes450/3 | €16,046 | - | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €812,361 | -€30,454 | €91,524 | €50,953 | -€121,175 | ▼ 338% |
| + Depreciation and write-downs630 | €1,482 | - | - | - | - | - |
| Operating cash flow (approximation) | €813,843 | -€30,454 | €91,524 | €50,953 | -€121,175 | ▼ 338% |
| Change in cash | - | €1.1m | -€13.2m | -€90,670 | €13.2m | ▲ 14,672% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €91,524
Net result €91,524 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 8current ratio 4185.37
Current ratio from 521.14 to 4185.37; short-term debt falls from €25,622 to €3,178.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Liquidity times 429current ratio 521.14
Current ratio from 1.21 to 521.14; short-term debt falls from €58.3m to €25,622.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Back to profitnet €519.7m
Net result €519.7m after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 81 days late
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 81 days late
Show earlier events
2020
31-12
Financial
Weakest financial yearnet -€279,344
Net result drops to -€279,344, the lowest in the series.
31-12
Financial
Liquidity times 298current ratio 378.39
Current ratio from 1.27 to 378.39; short-term debt falls from €10.1m to €29,462.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 73 days late
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · consolidated · 73 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Part of the group
VERLINVEST GROUP
18 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
- VERLINVEST GROUP
- VERLINVEST
- SIEGCO
Highest known parent: VERLINVEST GROUP. The sources do not say who stands above it.
Owners 2
- VERLINVESTparentSourceaccounts VERLINVEST 202570.03%
-
10%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.