SigmaExpress
ActiveSummary
The annual accounts of SigmaExpress for fiscal year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €7k and a net result of €-16k. Equity is shrinking by ~31.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 15% of 7750 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-66
Solvency29▼-16
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.1%
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 1.01 against 1.17 in 2024; short-term debt: 95.8% and cash: 16.1% of total assets), and 95.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 82
Relative position
BE, all sectors
reference
Sector 82
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
4.2%
Return on assets
-9.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7750 sector peers (2025).
NBB · sector comparisonPosition among 7750 sector peers
Solvency
better than 15%
← 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 15-05-2026, 77 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
77 d early
2024
43 d early
2023
56 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 69.8%
2024 · €24k
2023: €19k
2024: €24k
2023 → 2025
Total assets
€168k▲ 40.3%
2024 · €120k
2023: €170k
2024: €120k
2023 → 2025
Net result
€-16k
2024 · €4k
2023: €16k
2024: €4k
2023 → 2025
Working capital
€2k▼ 87.1%
2024 · €17k
2023: €16k
2024: €17k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€19k-€24k▲ 21.7%€7k▼ 69.8%
Operating result€23k-€10k▼ 56.2%€-15k
Net result€16k-€4k▼ 74.3%€-16k
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 €15k after €10k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168k
Fixed assets
€5k ▼ 27.6%
Current assets
€164k ▲ 44.4%
Equity and liabilities €168k
Equity
€7k ▼ 69.8%
Debt
€161k ▲ 67.0%
Debt's share of the balance-sheet total rises from 80.4% to 95.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k▼
2024 · €12k
Cash flow
€-15k▼
2024 · €6k
Current ratio
1.01▼
2024 · 1.17
Debt to equity
22.74▲
2024 · 4.11
ROE
-231.2%▼
2024 · 17.8%
ROA
-9.7%▼
2024 · 3.5%
Interest coverage
-8.23▼
2024 · 7.86
Debt ≤ 1 year
€161k▲
2024 · €97k
Staff costs
€198k▲
2024 · €196k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€120k€168k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€150€150=
Current assets29/58€113k€164k▲
Amounts receivable within one year40/41€92k€132k▲
Trade receivables40€90k€132k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€17k€27k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€120k€168k▲
Equity10/15€24k€7k▼
Contributions10/11€3k€3k=
Reserves13-€4k
Distributable reserves133-€4k
Profit (loss) carried forward14€21k-
Amounts payable17/49€97k€161k▲
Amounts payable within one year42/48€97k€161k▲
Trade debts44€56k€137k▲
Suppliers440/4€56k€137k▲
Taxes, remuneration and social security45€37k€23k▼
Taxes450/3€21k€5k▼
Remuneration and social security454/9€16k€19k▲
Other amounts payable47/48€4k€940▼
Income statement
Code20242025
Remuneration, social security and pensions62€196k€198k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€210k€186k▼
Operating profit (loss)9901€10k€-15k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€8k€-16k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€4k€-16k▼
Profit (loss) for the period to be appropriated9905€4k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-16k▼
Profit (loss) brought forward from the previous period14P€16k-
Transfer from equity791/2-€16k
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
15-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Nivelles · 1 establishment unit since 2022
Ground area
6,696 m²
Building footprint
481 m²
Volume, LiDAR
2,783 m³
2 parcels, Wallonia · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue Léanne 82, 5000 Namur
since 20222.330.556.741
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0634/00R002 | Wallonia | 5,687 m² | 1 · 372 m² | 4.5 m · 1 fl. |
| 92094B0184/00R003 | Wallonia | 1,009 m² | 1 · 109 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
WISE IMPEX
BE 0805.955.776
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VYPACK
BE 0463.668.215
Gent · Eq €8,057
BARAN LOONBEDRIJF
BE 0793.879.474
Antwerpen · Eq €6,085
Y & Y
BE 0798.505.186
Antwerpen · Eq €6,058
Epeak
BE 0774.755.133
Sint-Lambrechts-Woluwe · Eq €8,736
Of 304 companies in sector 82920 we hold annual accounts for 198. 60 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
82920Office administrative, office support and other business support activities
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.