SIGMA PROJECT
ActiveThe computed 12-month bankruptcy probability of SIGMA PROJECT is 1.8% (moderate). The 2025 annual accounts show negative equity (€-15k) and a net result of €-18k. Its solvency ranks better than 15% of 9114 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▲+13
Solvency23▼-9
Growth32
Track record82
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98 against 1.07 in 2024; short-term debt: 101.8% and cash: 4.4% of total assets), and equity is negative.
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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
-1.8%
Return on assets
-2.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-15k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
47 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-15k
2024 · €3k
2024: €3k
2024 → 2025
Total assets
€811k▲ 1,582%
2024 · €48k
2024: €48k
2024 → 2025
Net result
€-18k▼ 169%
2024 · €-7k
2024: €-7k
2024 → 2025
Working capital
€-16k
2024 · €3k
2024: €3k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€3k-€-15k
Operating result€-7k-€-18k▼ 168%
Net result€-7k-€-18k▼ 169%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €7k in 2024; the loss grows.
Balance-sheet composition
Assets €811k
Fixed assets
€1k
Current assets
€810k
Key figures and ratios
EBITDA
€-17k
Cash flow
€-17k
Solvency
-1.8%▼
2024 · 6.9%
Current ratio
0.98▼
2024 · 1.07
Quick ratio
0.05▼
2024 · 0.32
Debt / equity
-56.80▼
2024 · 13.41
ROA
-2.2%▲
2024 · -13.8%
Interest coverage
-304.39
Debt
€825k▲
2024 · €45k
Debt ≤ 1 year
€825k▲
2024 · €45k
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€48k€811k▲
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Furniture and vehicles24-€1k
Current assets29/58€48k€810k▲
Stocks and contracts in progress3€34k€767k▲
Stocks30/36€34k€767k▲
Amounts receivable within one year40/41€3k€7k▲
Trade receivables40€387-
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€7k€36k▲
Deferred charges and accrued income490/1€4k€72▼
Equity and liabilities
Total equity and liabilities10/49€48k€811k▲
Equity10/15€3k€-15k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-7k€-25k▼
Amounts payable17/49€45k€825k▲
Amounts payable within one year42/48€45k€825k▲
Trade debts44€5k€30k▲
Suppliers440/4€5k€30k▲
Other amounts payable47/48€40k€795k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€467
Other operating charges640/8€75€6k▲
Gross operating margin9900€-7k€-12k▼
Operating profit (loss)9901€-7k€-18k▼
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€11€57▲
Recurring financial charges65€11€57▲
Profit (loss) for the period before taxes9903€-7k€-18k▼
Profit (loss) for the period9904€-7k€-18k▼
Profit (loss) for the period to be appropriated9905€-7k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-25k▼
Profit (loss) brought forward from the previous period14P-€-7k
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Pieters-Woluwe · 1 establishment unit since 2024
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.
Tervurenlaan 1971150 Sint-Pieters-WoluweGround area
222 m²
Building footprint
127 m²
Volume, LiDAR
2,304 m³
Parcel 21019A0215/00D007, Brussels · tallest building 25.7 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
SIGMA PROJECT
since 20242.366.849.983
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0215/00D007 | Brussels | 222 m² | 1 · 127 m² | 25.7 m · 7 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.
Similar companies · same sector, comparable size
VESTA PROJECTS
BE 0869.611.631
Dentergem · Eq €3k
ATINA BUILDING
BE 0750.774.555
Dalhem · Eq €3k
RE-VIVE DIE KEURE
BE 0845.110.520
Gent · Eq €3k
RENOV-UP
BE 1008.761.594
Knokke-Heist · Eq €3k
Nex Real Estate
BE 0759.672.425
Bilzen-Hoeselt · Eq €3k
Of 9,696 companies in sector 68121 we hold annual accounts for 7,378. 1,751 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2024
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.