SIEMONS GRONDWERKEN
ActiveThe annual accounts of SIEMONS GRONDWERKEN for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €11k and a net result of €-11k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 18% of 1304 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-25
Solvency39▼-11
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.15 against 1.31 in 2024; short-term debt: 86.3% and cash: 30.4% of total assets), and 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
-13.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-11k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1304 sector peers (2025).
NBB · sector comparisonPosition among 1304 sector peers
Solvency
better than 18%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
2 d early
2022
12 d early
2021
12 d early
2020
2 d early
2019
19 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 50.5%
2024 · €22k
2018: €24k
2019: €21k
2020: €15k
2021: €15k
2022: €22k
2023: €23k
2024: €22k
2018 → 2025
Total assets
€79k▼ 10.4%
2024 · €88k
2018: €108k
2019: €95k
2020: €82k
2021: €79k
2022: €94k
2023: €86k
2024: €88k
2018 → 2025
Net result
€-11k▼ 1,428%
2024 · €-722
2018: €-48k
2019: €-3k
2020: €-6k
2021: €375
2022: €15k
2023: €548
2024: €-722
2018 → 2025
Working capital
€10k▼ 50.9%
2024 · €21k
2018: €3k
2019: €-5k
2020: €-5k
2021: €2k
2022: €15k
2023: €22k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€22k▲ 47.0%€23k▲ 2.5%€22k▼ 3.2%€11k▼ 50.5%
Operating result€821-€15k▲ 1,785%€1k▼ 93.1%€4k▲ 288%€-6k
Net result€375-€15k▲ 3,909%€548▼ 96.4%€-722€-11k▼ 1,428%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€597▼ 43.0%
Current assets
€78k▼ 10.0%
Equity and liabilities €79k
Equity
€11k▼ 50.5%
Debt
€68k▲ 2.8%
The debt ratio rises from 75.3% to 86.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €5k
Cash flow
€-11k▼
2024 · €-299
Solvency
13.7%▼
2024 · 24.7%
Current ratio
1.15▼
2024 · 1.31
Quick ratio
1.15▼
2024 · 1.31
Debt / equity
6.32▲
2024 · 3.04
ROE
-102.2%▼
2024 · -3.3%
ROA
-13.9%▼
2024 · -0.8%
Interest coverage
-1.35▼
2024 · 0.96
Debt
€68k▲
2024 · €66k
Debt ≤ 1 year
€68k▲
2024 · €66k
Income taxes
€103▼
2024 · €104
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€88k€79k▼
Fixed assets21/28€1k€597▼
Tangible fixed assets22/27€927€477▼
Furniture and vehicles24€927€477▼
Financial fixed assets28€120€120=
Current assets29/58€87k€78k▼
Amounts receivable within one year40/41€27k€44k▲
Trade receivables40€16k€24k▲
Other amounts receivable41€11k€21k▲
Cash at bank and in hand54/58€47k€24k▼
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€88k€79k▼
Equity10/15€22k€11k▼
Contributions10/11€19k€19k=
Reserves13€34k€34k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€32k€32k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-30k€-41k▼
Amounts payable17/49€66k€68k▲
Amounts payable within one year42/48€66k€68k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€827€251▼
Taxes450/3€827€251▼
Other amounts payable47/48€63k€64k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€423€450▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€7k€-4k▼
Operating profit (loss)9901€4k€-6k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-618€-11k▼
Income taxes67/77€104€103▼
Profit (loss) for the period9904€-722€-11k▼
Profit (loss) for the period to be appropriated9905€-722€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-41k▼
Profit (loss) brought forward from the previous period14P€-30k€-30k▼
The notes to these accounts (13 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €15k ▲3909%
Operating result €15k, net result €15k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €375
Net result €375 after 3 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Essen · 1 establishment unit since 2010
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.
Horendonk 3472910 EssenGround area
5,750 m²
Building footprint
256 m²
Volume, LiDAR
1,336 m³
Parcel 11016A0941/00E000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SIEMONS GRONDWERKEN
since 20102.186.126.612
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016A0941/00E000 | Flanders | 5,750 m² | 1 · 256 m² | 8.4 m · 2 fl. |
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 3,713 companies in sector 33120 we hold annual accounts for 1,342. 654 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2010
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
42212Civil engineering
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
46630Wholesale trade
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.