SIEKA
ActiveSIEKA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €384k and a net result of €91k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 1543 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+6
Solvency83▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.53 against 3.4 in 2024; short-term debt: 19.8% and cash: 66% of total assets), and 42.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
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
57.9%
Return on assets
13.8%
Age of the figures
15 mo
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
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-02-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
10 d late
2024
3 d early
2023
on the day
2022
13 d early
2021
7 d late
2020
4 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€384k▲ 30.5%
2024 · €295k
2019: €111k
2020: €182k
2021: €238k
2022: €289k
2023: €245k
2024: €295k
2019 → 2025
Total assets
€664k▲ 15.6%
2024 · €574k
2019: €498k
2020: €561k
2021: €595k
2022: €652k
2023: €600k
2024: €574k
2019 → 2025
Net result
€91k▲ 84.7%
2024 · €50k
2019: €74k
2020: €82k
2021: €57k
2022: €51k
2023: €56k
2024: €50k
2019 → 2025
Working capital
€333k▲ 40.0%
2024 · €238k
2019: €104k
2020: €185k
2021: €224k
2022: €251k
2023: €194k
2024: €238k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€238k-€289k▲ 21.6%€245k▼ 15.4%€295k▲ 20.2%€384k▲ 30.5%
Operating result€80k-€78k▼ 3.3%€84k▲ 7.9%€77k▼ 7.9%€136k▲ 75.7%
Net result€57k-€51k▼ 10.0%€56k▲ 7.9%€50k▼ 10.8%€91k▲ 84.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 76% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €664k
Fixed assets
€200k▼ 15.9%
Current assets
€464k▲ 37.8%
Equity and liabilities €664k
Equity
€384k▲ 30.5%
Debt
€280k▼ 0.1%
The debt ratio falls from 48.7% to 42.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€189k▲
2024 · €127k
Cash flow
€145k▲
2024 · €100k
Solvency
57.9%▲
2024 · 51.3%
Current ratio
3.53▲
2024 · 3.40
Quick ratio
3.41▲
2024 · 3.33
Debt / equity
0.73▼
2024 · 0.95
ROE
23.8%▲
2024 · 16.8%
ROA
13.8%▲
2024 · 8.6%
Interest coverage
22.71▲
2024 · 13.82
Debt
€280k▼
2024 · €280k
Debt ≤ 1 year
€131k▲
2024 · €99k
Debt > 1 year
€148k▼
2024 · €180k
Income taxes
€36k▲
2024 · €19k
Staff costs
€143k▲
2024 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€574k€664k▲
Fixed assets21/28€237k€200k▼
Tangible fixed assets22/27€237k€200k▼
Land and buildings22€166k€146k▼
Plant, machinery and equipment23€39k€32k▼
Furniture and vehicles24€33k€22k▼
Current assets29/58€337k€464k▲
Stocks and contracts in progress3€6k€16k▲
Stocks30/36€6k€16k▲
Amounts receivable within one year40/41€3k€9k▲
Trade receivables40€825€7k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€327k€439k▲
Deferred charges and accrued income490/1€572€860▲
Equity and liabilities
Total equity and liabilities10/49€574k€664k▲
Equity10/15€295k€384k▲
Contributions10/11€40k€40k=
Reserves13€255k€344k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€251k€340k▲
Amounts payable17/49€280k€280k▼
Amounts payable after more than one year17€180k€148k▼
Financial debts170/4€180k€148k▼
Amounts payable within one year42/48€99k€131k▲
Current portion of amounts payable after more than one year42€41k€32k▼
Trade debts44€29k€46k▲
Suppliers440/4€29k€46k▲
Taxes, remuneration and social security45€20k€43k▲
Taxes450/3€4k€19k▲
Remuneration and social security454/9€15k€24k▲
Other amounts payable47/48€9k€10k▲
Accrued charges and deferred income492/3€1k€655▼
Income statement
Code20242025
Remuneration, social security and pensions62€121k€143k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€53k▲
Other operating charges640/8€767€700▼
Gross operating margin9900€249k€332k▲
Operating profit (loss)9901€77k€136k▲
Financial income75/76B€746€494▼
Recurring financial income75€746€494▼
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€69k€128k▲
Income taxes67/77€19k€36k▲
Profit (loss) for the period9904€50k€91k▲
Profit (loss) for the period to be appropriated9905€50k€91k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€91k▲
Transfer to equity691/2€50k€90k▲
To other reserves6921€50k€90k▲
Profit to be distributed694/7-€2k
Directors or managers695-€2k
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
10-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
30-06
Financial
Highest result since 2019net €91k ▲84.7%
Operating result €136k, net result €91k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €50k ▼10.8%
Net result drops to €50k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 7 days late
2021
30-06
Financial
Equity above €200kEq €238k ▲31%
3 profitable years in a row build equity to €238k.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150kEq €182k ▲63.8%
2 profitable years in a row build equity to €182k.
31-01
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, Beringen · 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.
Tennisstraat 323582 BeringenGround area
125 m²
Parcel 71522C0003/00C035, Flanders. Linked by address, not a title deed.
1 establishment unit
Bakkerij Baerts
since 20182.271.484.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71522C0003/00C035 | Flanders | 125 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeringen2.271.484.533
Dual-learning approval
4 live approvalsBakkerijtechnieken duaal (so)
Brood- en banketbakkerij duaal (so)
Medewerker (banket)bakkerij duaal (so)
Medewerker bakkerij (vwo)
Similar companies · same sector, comparable size
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BE 0826.281.632
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BAKKERIJ PUUR
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Ieper · Eq €383k
BAKKERIJ POLLET
BE 0888.519.505
Ranst · Eq €386k
KESSEN
BE 0477.989.571
Schilde · Eq €382k
KEUST
BE 0501.922.540
Rijkevorsel · Eq €381k
Of 4,227 companies in sector 10712 we hold annual accounts for 1,871. 1,318 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-01-2018
Fiscal year end30-06
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
10720Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.