SIGM
ActiveSummary
SIGM has been active since 1993 and the Belgian Official 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 financial years (±1.5% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, full format
Turnover
≈ €210,000
Estimated: probably between €130,000 and €400,000
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
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result has fallen two years in a row; 2025 is 2% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.04m
2025
Net result€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.2m
2025
Equity€2.0m
2025
Debt€0.02m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.6m
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€0.02m-€0.03m▲ 24.2%-€0.005m€0.009m€0.04m▲ 374%€0.04m▼ 1.1%€0.04m▼ 2.0%
Net result€0.02m-€0.03m▲ 81.8%€0.003m▼ 88.8%€0.02m▲ 449%€0.04m▲ 112%€0.04m▲ 5.4%€0.03m▼ 17.4%
Equity€1.8m-€1.8m▲ 1.7%€1.8m▲ 0.2%€1.9m▲ 1.0%€1.9m▲ 2.1%€1.9m▲ 2.2%€2.0m▲ 1.7%
Total assets€2.3m-€2.1m▼ 9.4%€2.0m▼ 2.1%€2.1m▲ 1.8%€2.1m▲ 1.1%€2.1m▲ 1.2%€2.2m▲ 1.1%
Debt€0.3m-€0.07m▼ 77.9%€0.02m▼ 66.4%€0.05m▲ 128%€0.04m▼ 22.7%€0.03m▼ 27.3%€0.02m▼ 19.4%
Working capital€0.3m-€0.5m▲ 60.9%€0.5m▲ 3.6%€0.5m▲ 1.1%€0.5m▲ 6.9%€0.5m▼ 2.1%€0.6m▲ 11.1%
The turnover shown is an estimate from the gross margin.
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
over 100▲
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 | 2019 | 2020 | 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 | €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 | €52,130 | €60,286 | €21,763 | €36,692 | €69,189 | €73,321 | €75,709 | ▲ 3.3% |
| Operating profit (loss)9901 | €23,634 | €29,346 | -€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 | €2,655 | €2,587 | €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 | €8,044 | €4,557 | €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 | €18,245 | €27,375 | €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 | €5,413 | €8,666 | €245 | €3,095 | €12,450 | €12,102 | €15,059 | ▲ 24.4% |
| Profit (loss) for the period9904 | €16,443 | €29,889 | €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 | €25,039 | €56,504 | €9,170 | €40,159 | €49,933 | €52,025 | €44,911 | ▼ 13.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.3m | €2.1m | €2.0m | €2.1m | €2.1m | €2.1m | €2.2m | ▲ 1.1% |
| Fixed assets21/28 | €1.7m | €1.5m | €1.5m | €1.5m | €1.5m | €1.6m | €1.6m | ▼ 0.8% |
| Tangible fixed assets22/27 | €0.3m | €0.1m | €0.1m | €0.09m | €0.08m | €0.1m | €0.1m | ▼ 9.6% |
| Land and buildings22 | - | - | €0.1m | €0.09m | €0.08m | €0.1m | €0.1m | ▼ 9.6% |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €0.6m | €0.6m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 6.4% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 26.7% |
| Trade receivables40 | - | - | €0.04m | €0.009m | - | €0.005m | €0.006m | ▲ 3.2% |
| Other amounts receivable41 | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 27.9% |
| Current investments50/53 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | = |
| Cash at bank and in hand54/58 | €0.4m | €0.4m | €0.3m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 76.9% |
| Deferred charges and accrued income490/1 | - | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 23.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.3m | €2.1m | €2.0m | €2.1m | €2.1m | €2.1m | €2.2m | ▲ 1.1% |
| Equity10/15 | €1.8m | €1.8m | €1.8m | €1.9m | €1.9m | €1.9m | €2.0m | ▲ 1.7% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €1.1m | €1.2m | €1.2m | €1.2m | €1.2m | €1.3m | €1.3m | ▲ 2.7% |
| Non-distributable reserves130/1 | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Legal reserve130 | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Tax-exempt reserves132 | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 3.6% |
| Distributable reserves133 | - | - | €0.7m | €0.8m | €0.8m | €0.9m | €0.9m | ▲ 5.1% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.8% |
| Deferred taxes168 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.8% |
| Amounts payable17/49 | €0.3m | €0.07m | €0.02m | €0.05m | €0.04m | €0.03m | €0.02m | ▼ 19.4% |
| Amounts payable within one year42/48 | €0.3m | €0.06m | €0.007m | €0.05m | €0.04m | €0.03m | €0.005m | ▼ 82.9% |
| Trade debts44 | €0.02m | €0.05m | €0.007m | €0.04m | €0.03m | €0.03m | €0.005m | ▼ 83.0% |
| Suppliers440/4 | - | - | €0.007m | €0.04m | €0.03m | €0.03m | €0.005m | ▼ 83.0% |
| Taxes, remuneration and social security45 | - | - | €307 | €0.003m | €0.01m | - | €5 | - |
| Taxes450/3 | - | - | €307 | €0.003m | €0.01m | - | €5 | - |
| Accrued charges and deferred income492/3 | - | - | €0.02m | €0.005m | - | - | €0.02m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,443 | €29,889 | €3,334 | €18,289 | €38,857 | €40,949 | €33,835 | ▼ 17.4% |
| + Depreciation and write-downs630 | €6,693 | €6,693 | €6,693 | €6,693 | €6,693 | €10,037 | €12,478 | ▲ 24.3% |
| Operating cash flow (approximation) | €23,136 | €36,582 | €10,027 | €24,982 | €45,550 | €50,986 | €46,313 | ▼ 9.2% |
| Investment in fixed assets (approximation) | - | €160,219 | -€0 | €0 | €0 | -€57,851 | €0 | - |
| Change in cash | - | -€13,503 | -€78,609 | -€140,563 | -€67,505 | €1,106 | €79,104 | ▲ 72× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | full format | 30-04-2026 | 2026-00098366 |
| 30-09-2024 | full format | 19-05-2025 | 2025-00098184 |
| 30-09-2023 | full format | 22-05-2024 | 2024-00094107 |
| 30-09-2022 | micro format | 27-04-2023 | 2023-00071781 |
| 30-09-2021 | micro format | 09-05-2022 | 2022-20023078 |
| 30-09-2020 | full format | 26-05-2021 | 2021-15300007 |
| 30-09-2019 | full format | 28-04-2020 | 2020-10500311 |
| 30-09-2018 | full format | 31-05-2019 | 2019-16200001 |
| 30-09-2017 | full format | 17-05-2018 | 2018-13500395 |
| 30-09-2016 | full format | 15-05-2017 | 2017-12300139 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.