SIGM
ActiveSummary
SIGM has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €33,835. Equity remains stable across the filed fiscal years (±1.3% per year). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71=
Solvency100=
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
short-term debt: 0.2% and cash: 8.4% of total assets, and 8.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
91.4%
Return on assets
1.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
19 d late
2023
22 d late
2022
3 d early
2021
9 d late
2020
26 d late
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 10 days after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€33,835▼ 17.4%
2024 · €40,949
Working capital
€598,343▲ 11.1%
2024 · €538,467
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
Line20212022202320242025
Operating result-€5,049€8,513€40,363▲ 374%€39,924▼ 1.1%€39,114▼ 2.0%
Net result€3,334▼ 88.8%€18,289▲ 449%€38,857▲ 112%€40,949▲ 5.4%€33,835▼ 17.4%
Equity€1.8m▲ 0.2%€1.9m▲ 1.0%€1.9m▲ 2.1%€1.9m▲ 2.2%€2.0m▲ 1.7%
Total assets€2.0m▼ 2.1%€2.1m▲ 1.8%€2.1m▲ 1.1%€2.1m▲ 1.2%€2.2m▲ 1.1%
Debt€22,394▼ 66.4%€50,982▲ 128%€39,415▼ 22.7%€28,651▼ 27.3%€23,099▼ 19.4%
Working capital€508,410▲ 3.6%€514,250▲ 1.1%€549,985▲ 6.9%€538,467▼ 2.1%€598,343▲ 11.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.6m ▼ 0.8%
Current assets
€603,228 ▲ 6.4%
Equity and liabilities €2.2m
Equity
€2.0m ▲ 1.7%
Provisions
€163,387 ▼ 2.8%
Debt
€23,099 ▼ 19.4%
Debt's share of the balance-sheet total falls from 1.3% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51,592▲
2024 · €49,961
Cash flow
€46,313▼
2024 · €50,986
Debt to equity
0.01▼
2024 · 0.01
ROE
1.7%▼
2024 · 2.1%
ROA
1.6%▼
2024 · 1.9%
Interest coverage
153.55▲
2024 · 83.97
Debt ≤ 1 year
€4,885▼
2024 · €28,651
Income taxes
€15,059▲
2024 · €12,102
A ratio outside any meaningful range has been withheld (balance sheet total €2.2m, equity €2.0m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,693 | €6,693 | €6,693 | €10,037 | €12,478 | ▲ 24.3% |
| Other operating charges640/8 | €20,119 | €21,486 | €22,133 | €23,360 | €24,117 | ▲ 3.2% |
| Gross operating margin9900 | €21,763 | €36,692 | €69,189 | €73,321 | €75,709 | ▲ 3.3% |
| Operating profit (loss)9901 | -€5,049 | €8,513 | €40,363 | €39,924 | €39,114 | ▼ 2.0% |
| Financial income75/76B | €7,815 | €6,219 | €6,725 | €9,177 | €5,588 | ▼ 39.1% |
| Recurring financial income75 | €7,115 | €6,219 | €6,469 | €8,880 | €5,188 | ▼ 41.6% |
| Non-recurring financial income76B | €700 | - | €256 | €297 | €400 | ▲ 34.7% |
| Financial charges65/66B | €1,638 | €2,535 | €433 | €702 | €460 | ▼ 34.5% |
| Recurring financial charges65 | €326 | €2,364 | €341 | €595 | €336 | ▼ 43.5% |
| Non-recurring financial charges66B | €1,312 | €171 | €92 | €107 | €124 | ▲ 15.9% |
| Profit (loss) for the period before taxes9903 | €1,128 | €12,197 | €46,655 | €48,399 | €44,242 | ▼ 8.6% |
| Transfer from deferred taxes780 | €2,451 | €9,187 | €4,652 | €4,652 | €4,652 | = |
| Income taxes67/77 | €245 | €3,095 | €12,450 | €12,102 | €15,059 | ▲ 24.4% |
| Profit (loss) for the period9904 | €3,334 | €18,289 | €38,857 | €40,949 | €33,835 | ▼ 17.4% |
| Transfer from tax-exempt reserves789 | €5,836 | €21,870 | €11,076 | €11,076 | €11,076 | = |
| Profit (loss) for the period to be appropriated9905 | €9,170 | €40,159 | €49,933 | €52,025 | €44,911 | ▼ 13.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.1m | €2.1m | €2.1m | €2.2m | ▲ 1.1% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.5m | €1.6m | €1.6m | ▼ 0.8% |
| Tangible fixed assets22/27 | €95,085 | €88,392 | €81,699 | €129,513 | €117,035 | ▼ 9.6% |
| Land and buildings22 | €95,085 | €88,392 | €81,699 | €129,513 | €117,035 | ▼ 9.6% |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €515,686 | €560,069 | €589,400 | €567,118 | €603,228 | ▲ 6.4% |
| Amounts receivable within one year40/41 | €193,991 | €169,571 | €167,002 | €140,486 | €102,989 | ▼ 26.7% |
| Trade receivables40 | €39,677 | €9,038 | - | €5,385 | €5,555 | ▲ 3.2% |
| Other amounts receivable41 | €154,314 | €160,533 | €167,002 | €135,101 | €97,434 | ▼ 27.9% |
| Current investments50/53 | - | €198,149 | €298,050 | €300,000 | €300,000 | = |
| Cash at bank and in hand54/58 | €309,788 | €169,225 | €101,720 | €102,826 | €181,930 | ▲ 76.9% |
| Deferred charges and accrued income490/1 | €11,907 | €23,124 | €22,628 | €23,806 | €18,309 | ▼ 23.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.1m | €2.1m | €2.1m | €2.2m | ▲ 1.1% |
| Equity10/15 | €1.8m | €1.9m | €1.9m | €1.9m | €2.0m | ▲ 1.7% |
| Contributions10/11 | €682,992 | €682,992 | €682,992 | €682,992 | €682,992 | = |
| Capital10 | €682,992 | €682,992 | €682,992 | €682,992 | €682,992 | = |
| Issued capital100 | €682,992 | €682,992 | €682,992 | €682,992 | €682,992 | = |
| Reserves13 | €1.2m | €1.2m | €1.2m | €1.3m | €1.3m | ▲ 2.7% |
| Non-distributable reserves130/1 | €68,299 | €68,299 | €68,299 | €68,299 | €68,299 | = |
| Legal reserve130 | €68,299 | €68,299 | €68,299 | €68,299 | €68,299 | = |
| Tax-exempt reserves132 | €354,687 | €332,817 | €321,741 | €310,665 | €299,590 | ▼ 3.6% |
| Distributable reserves133 | €733,369 | €773,527 | €823,461 | €875,485 | €920,396 | ▲ 5.1% |
| Provisions and deferred taxes16 | €186,530 | €177,344 | €172,691 | €168,039 | €163,387 | ▼ 2.8% |
| Deferred taxes168 | €186,530 | €177,344 | €172,691 | €168,039 | €163,387 | ▼ 2.8% |
| Amounts payable17/49 | €22,394 | €50,982 | €39,415 | €28,651 | €23,099 | ▼ 19.4% |
| Amounts payable within one year42/48 | €7,276 | €45,819 | €39,415 | €28,651 | €4,885 | ▼ 82.9% |
| Trade debts44 | €6,969 | €42,724 | €26,965 | €28,651 | €4,880 | ▼ 83.0% |
| Suppliers440/4 | €6,969 | €42,724 | €26,965 | €28,651 | €4,880 | ▼ 83.0% |
| Taxes, remuneration and social security45 | €307 | €3,095 | €12,450 | - | €5 | - |
| Taxes450/3 | €307 | €3,095 | €12,450 | - | €5 | - |
| Accrued charges and deferred income492/3 | €15,118 | €5,163 | - | - | €18,214 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,334 | €18,289 | €38,857 | €40,949 | €33,835 | ▼ 17.4% |
| + Depreciation and write-downs630 | €6,693 | €6,693 | €6,693 | €10,037 | €12,478 | ▲ 24.3% |
| Operating cash flow (approximation) | €10,027 | €24,982 | €45,550 | €50,986 | €46,313 | ▼ 9.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€57,851 | €0 | ▲ 100% |
| Change in cash | - | -€140,563 | -€67,505 | €1,106 | €79,104 | ▲ 7,052% |
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
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Liquidity times 6current ratio 123.49
Current ratio from 19.79 to 123.49; short-term debt falls from €28,651 to €4,885.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 19 days late
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-09
Financial
Weakest financial yearnet €3,334 ▼88.8%
Net result drops to €3,334, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 8current ratio 70.87
Current ratio from 8.96 to 70.87; short-term debt falls from €61,662 to €7,276.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
30-09
Financial
Liquidity quadruplescurrent ratio 8.96
Current ratio from 2.03 to 8.96; short-term debt falls from €297,259 to €61,662.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 17 days late
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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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Directors · office · real estate
Directors
13 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, Tournai · 1 establishment unit since 1993
Ground area
922 m²
Building footprint
157 m²
Volume, LiDAR
1,310 m³
Parcel 57463L0465/00A003, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SIGM SA
since 19932.062.208.221
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57463L0465/00A003 | Wallonia | 922 m² | 1 · 156 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 1
-
99.92%
According to the annual accounts to 30-09-2025 of SIGM and those 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.
Identification & contact
Identification
Legal formPublic limited company
Founded19-04-1993
Fiscal year end30-09
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449922523
Also
9925:BE0449922523
Registered
29-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.