Equity
-€87,786
Debts exceed assets in financial year 2025.
Sieke
Lifetime
1 annual account with figurespeak €81,744 (2025)
€81,744
lowest -€90,786 (2025)
-€90,786
peak -€87,786 (2025)
-€87,786
€318,573
Board2 names since 2024
2 directorsSTRAUVEN Michaël and 1 other
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Loss of €90,786First year with figures
Key points
from the 2025 annual accountsDebts
€318,573 138% of the balance sheet
Financial debts 28%Suppliers 61%Taxes and wages 5%Other 7%
Of this, €256,717 falls due within a year.
Position in the sector
-€90,786
Lower net result than 95% of companies in retail trade. Sector median €5,048 · 22,907 companies.
Checked score
48
Fair
Financially stronger than 6% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.8%lowest value
02-2026: 1.8%● unchanged vs 01-2026lowest value
03-2026: 1.9%▲ +0.1 percentage points vs 02-2026
04-2026: 2.2%▲ +0.3 percentage points vs 03-2026
05-2026: 2.3%▲ +0.1 percentage points vs 04-2026
06-2026: 2.6%▲ +0.3 percentage points vs 05-2026
07-2026: 2.6%● unchanged vs 06-2026
08-2026: 2.8%▲ +0.2 percentage points vs 07-2026
09-2026: 2.9%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 2.9%● unchanged vs 09-2026
11-2026: 2.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Sector: Retail trade (NACE 47)
Negative equity -€87,786
lowers risk
Size: total assets €230,787
Calculation
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 47, micro). It does better than 6% of them on solvency, 4% on liquidity and 6% 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 1,322 companies had the same profile as Sieke has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
That fits the bankruptcy probability of Sieke itself: 2.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,322 companies, not a prediction for Sieke. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.48, below 1. Short-term debt is 111.2% and cash 1.4% of total assets. Equity is negative.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
8 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- VANHENTENRIJK Brenda 50 sharesdeed of 24-12-2024
- STRAUVEN Michaël 50 sharesdeed of 24-12-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017782495
Incorporation
Founders: VANHENTENRIJK Brenda and STRAUVEN Michaël · 100 shares · Appointments: VANHENTENRIJK Brenda (director) and STRAUVEN Michaël (director) · published on 24-12-2024 · Gazette deed
First establishment
Borlostraat 10, Gingelom
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Sieke Gingelom | €230,787 | €81,744 | -38.0% | - |
| MALA POLSKA GENK Peer | €246,747 | €98,647 | 16.5% | - |
| HALLYU Ixelles | €220,400 | €75,935 | 37.2% | - |
| Levain Stockel Woluwe-Saint-Pierre | €190,261 | €75,511 | -1.9% | - |
| 't Varenwinkeltje Herselt | €249,699 | €78,868 | 4.3% | - |
| DLSC Yvoir | €181,572 | €93,870 | 37.6% | - |
| NAI Group Antwerp | €255,214 | €58,746 | 10.1% | - |
These companies have the same main activity as Sieke: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €182,000 and €255,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 20-12-2024Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.367.910.0553891 Gingelom, since 20-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2025
Annual accounts 2025
- ≈ €870,000estimated
- €230,787
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on Sieke
The computed 12-month bankruptcy probability of Sieke is 2.9% (moderate). The 2025 annual accounts show negative equity (-€87,786) and a net result of -€90,786.
Its solvency ranks better than 14% of 22,924 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Sieke
- What is the company number of Sieke?
- The company number of Sieke is 1017.782.495. The VAT number is the same number with BE in front: BE 1017.782.495.
- Where is Sieke based?
- The registered office is at Borlostraat 10, 3891 Gingelom.Company details
- What does Sieke do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of Sieke?
- Sieke is a private limited company (BV).
- When was Sieke founded?
- Sieke was founded on 20-12-2024.
- Is Sieke still active?
- Yes, Sieke is an active enterprise in the KBO register.
- How many employees does Sieke have?
- Sieke had an average of 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Sieke fall under?
- In its 2025 annual accounts, Sieke states joint committee 201 (Independent retail).
- What is the turnover of Sieke?
- The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €81,744 and 98 comparable companies (NACE 47110). It probably lies between €610,000 and €1.3m.
- Is Sieke profitable?
- In financial year 2025, Sieke made a loss of €90,786.
- Where can I find the annual accounts of Sieke?
- Sieke filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See whether the workforce is growing and whether people stay.Employer check
See how customers, suppliers and banks see your own company and what to improve first.