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SIEJO

Active
Private limited companyfounded 2019active for 7 yearsHeistraat 86, 2440 Geel, BelgiumKBO/BCE: BE 0728.450.796
Summary

SIEJO has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,446 and a net result of €8,486. Equity remains stable across the filed financial years (±2% per year). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (5 days) Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396752.

Turnover
≈ €170,000
Estimated: probably between €79,000 and €420,000
Total assets
€53,366▼ 29.4%
2024 · €75,633
Net result
€8,486▼ 12.8%
2024 · €9,728
Working capital
€9,731▼ 61.3%
2024 · €25,154
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 9% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€13,441 2025 Net result€8,486 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€23,389-€21,333▼ 8.8%€12,345▼ 42.1%-€9,479€227€14,797▲ 65×€13,441▼ 9.2%
Net result€17,524-€15,148▼ 13.6%€7,342▼ 51.5%-€10,122-€2,161▲ 78.6%€9,728€8,486▼ 12.8%
Equity€20,524-€35,672▲ 73.8%€43,014▲ 20.6%€32,892▼ 23.5%€30,731▼ 6.6%€40,459▲ 31.7%€29,446▼ 27.2%
Total assets€72,706-€78,804▲ 8.4%€69,118▼ 12.3%€50,690▼ 26.7%€39,757▼ 21.6%€75,633▲ 90.2%€53,366▼ 29.4%
Debt€52,181-€43,132▼ 17.3%€26,104▼ 39.5%€17,798▼ 31.8%€9,026▼ 49.3%€35,174▲ 290%€23,921▼ 32.0%
Working capital€14,889-€25,790▲ 73.2%€33,326▲ 29.2%€24,465▼ 26.6%€27,292▲ 11.6%€25,154▼ 7.8%€9,731▼ 61.3%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53,366
Fixed assets €33,099 ▼ 8.4%
Current assets €20,268 ▼ 48.7%
Equity and liabilities €53,366
Equity €29,446 ▼ 27.2%
Debt €23,921 ▼ 32.0%
Debt's share of the balance-sheet total falls from 46.5% to 44.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,812▲
2024 · €21,011
Cash flow
€16,858▲
2024 · €15,942
Current ratio
1.92▼
2024 · 2.75
Debt to equity
0.81▼
2024 · 0.87
ROE
28.8%▲
2024 · 24.0%
ROA
15.9%▲
2024 · 12.9%
Interest coverage
20.09▲
2024 · 19.95
Debt ≤ 1 year
€10,537▼
2024 · €14,347
Debt > 1 year
€13,084▼
2024 · €20,527
Income taxes
€4,286▼
2024 · €5,044
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€75,633€53,366▼
Fixed assets21/28€36,132€33,099▼
Tangible fixed assets22/27€36,132€33,099▼
Land and buildings22-€5,049
Furniture and vehicles24€36,132€28,050▼
Current assets29/58€39,501€20,268▼
Amounts receivable within one year40/41€28,048€10,820▼
Trade receivables40€11,165€10,106▼
Other amounts receivable41€16,883€714▼
Cash at bank and in hand54/58€10,245€8,227▼
Deferred charges and accrued income490/1€1,209€1,220▲
Equity and liabilities
Total equity and liabilities10/49€75,633€53,366▼
Equity10/15€40,459€29,446▼
Contributions10/11€3,000€3,000=
Reserves13€37,459€26,446▼
Distributable reserves133€37,459€26,446▼
Amounts payable17/49€35,174€23,921▼
Amounts payable after more than one year17€20,527€13,084▼
Financial debts170/4€20,527€13,084▼
Amounts payable within one year42/48€14,347€10,537▼
Current portion of amounts payable after more than one year42€7,152€7,443▲
Trade debts44€5,151€2,448▼
Suppliers440/4€5,151€2,448▼
Taxes, remuneration and social security45€2,044-
Taxes450/3€2,044-
Other amounts payable47/48-€645
Accrued charges and deferred income492/3€300€300=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,214€8,371▲
Other operating charges640/8€938€756▼
Gross operating margin9900€21,949€22,569▲
Operating profit (loss)9901€14,797€13,441▼
Financial income75/76B€1,028€417▼
Recurring financial income75€1,028€417▼
Financial charges65/66B€1,053€1,086▲
Recurring financial charges65€1,053€1,086▲
Profit (loss) for the period before taxes9903€14,772€12,773▼
Income taxes67/77€5,044€4,286▼
Profit (loss) for the period9904€9,728€8,486▼
Profit (loss) for the period to be appropriated9905€9,728€8,486▼
Appropriation of the result
Profit (loss) to be appropriated9906€9,728€8,486▼
Transfer from equity791/2-€19,500
Transfer to equity691/2€9,728€8,486▼
To other reserves6921€9,728€8,486▼
Profit to be distributed694/7-€19,500
Directors or managers695-€19,500

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,050€9,892€10,109€10,154€10,319€6,214€8,371▲ 34.7%
Other operating charges640/8--€937€1,246€1,317€938€756▼ 19.4%
Gross operating margin9900€32,939€31,961€23,391€1,921€11,863€21,949€22,569▲ 2.8%
Operating profit (loss)9901€23,389€21,333€12,345-€9,479€227€14,797€13,441▼ 9.2%
Financial income75/76B--€1,599€1,669€1,209€1,028€417▼ 59.4%
Recurring financial income75€766€2,095€1,599€1,669€1,209€1,028€417▼ 59.4%
Financial charges65/66B--€1,572€1,000€793€1,053€1,086▲ 3.1%
Recurring financial charges65€489€1,197€1,572€1,000€793€1,053€1,086▲ 3.1%
Profit (loss) for the period before taxes9903€23,666€22,230€12,372-€8,811€643€14,772€12,773▼ 13.5%
Income taxes67/77€6,142€7,082€5,030€1,311€2,804€5,044€4,286▼ 15.0%
Profit (loss) for the period9904€17,524€15,148€7,342-€10,122-€2,161€9,728€8,486▼ 12.8%
Profit (loss) for the period to be appropriated9905€17,524€15,148€7,342-€10,122-€2,161€9,728€8,486▼ 12.8%
Line2019202020212022202320242025Change
Assets
Total assets20/58€72,706€78,804€69,118€50,690€39,757€75,633€53,366▼ 29.4%
Fixed assets21/28€39,950€33,602€23,493€14,389€4,070€36,132€33,099▼ 8.4%
Tangible fixed assets22/27€39,950€33,602€23,493€14,389€4,070€36,132€33,099▼ 8.4%
Land and buildings22------€5,049-
Furniture and vehicles24--€23,493€14,389€4,070€36,132€28,050▼ 22.4%
Current assets29/58€32,756€45,202€45,625€36,301€35,687€39,501€20,268▼ 48.7%
Amounts receivable within one year40/41€18,200€34,801€36,237€33,838€31,248€28,048€10,820▼ 61.4%
Trade receivables40--€9,267€6,826€10,812€11,165€10,106▼ 9.5%
Other amounts receivable41--€26,970€27,012€20,435€16,883€714▼ 95.8%
Cash at bank and in hand54/58€2,792€9,934€8,630€1,108€2,285€10,245€8,227▼ 19.7%
Deferred charges and accrued income490/1--€759€1,355€2,155€1,209€1,220▲ 0.9%
Equity and liabilities
Total equity and liabilities10/49€72,706€78,804€69,118€50,690€39,757€75,633€53,366▼ 29.4%
Equity10/15€20,524€35,672€43,014€32,892€30,731€40,459€29,446▼ 27.2%
Contributions10/11--€3,000€3,000€3,000€3,000€3,000=
Reserves13€17,524€32,672€40,014€40,014€27,731€37,459€26,446▼ 29.4%
Distributable reserves133--€40,014€40,014€27,731€37,459€26,446▼ 29.4%
Profit (loss) carried forward14----€10,122----
Amounts payable17/49€52,181€43,132€26,104€17,798€9,026€35,174€23,921▼ 32.0%
Amounts payable after more than one year17€33,468€23,720€13,805€5,961-€20,527€13,084▼ 36.3%
Financial debts170/4--€13,805€5,961-€20,527€13,084▼ 36.3%
Amounts payable within one year42/48€17,867€19,412€12,299€11,837€8,395€14,347€10,537▼ 26.6%
Current portion of amounts payable after more than one year42--€9,915€10,084€5,961€7,152€7,443▲ 4.1%
Trade debts44€2,139€2,440€2,384€1,753€2,434€5,151€2,448▼ 52.5%
Suppliers440/4--€2,384€1,753€2,434€5,151€2,448▼ 52.5%
Taxes, remuneration and social security45-----€2,044--
Taxes450/3-----€2,044--
Other amounts payable47/48------€645-
Accrued charges and deferred income492/3----€631€300€300=
Line2019202020212022202320242025Change
Profit (loss) for the period9904€17,524€15,148€7,342-€10,122-€2,161€9,728€8,486▼ 12.8%
+ Depreciation and write-downs630€7,050€9,892€10,109€10,154€10,319€6,214€8,371▲ 34.7%
Operating cash flow (approximation)€24,574€25,040€17,451€32€8,158€15,942€16,858▲ 5.7%
Investment in fixed assets (approximation)--€3,544€0-€1,050€0-€38,275-€5,338▲ 86.1%
Change in cash-€7,142-€1,304-€7,522€1,177€7,960-€2,017-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 05-08-2026 2026-00396752
31-12-2024 micro format 17-06-2025 2025-00147495
31-12-2023 micro format 24-06-2024 2024-00154355
31-12-2022 micro format 29-08-2023 2023-00420198
31-12-2021 micro format 08-06-2022 2022-20060341
31-12-2020 micro format 23-07-2021 2021-39000581
31-12-2019 micro format 02-09-2020 2020-51500123

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.