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Complete company report
Generated 31-07-2026
Active BE 0861.225.188Private limited company

SIGOS

Gaston Crommenlaan 8 ·9050 Gent, Belgium· 22 yrs active
Sector: Wholesale trade (46180)
Conclusion Checked

The computed 12-month bankruptcy probability of SIGOS is 1.0% (low). The 2024 annual accounts show negative equity (€-744k) and a net result of €-1.01M. Equity is shrinking by ~77.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 958 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €-744k
Net result €-1.01M
Staff (FTE) 6
Better than sector 5%
Snowflake analysis 5 axes · computed by Checked
Health7Profitability100Solvency35Growth43Stability100
57 / 100

Mixed profile: strong on profitability, weaker on health.

Health 7
Profitability 100
Solvency 35
Growth 43
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.0% Low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Long track record −Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 2003, 22 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
7 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-07-2025 with the NBB · fiscal year 2024 · verkort
€-4.00M€-2.00M€0€2.00MOperating result 2020: €-1.10M€-1.10MNet result 2020: €-3.38M€-3.38MOperating result 2021: €-826k€-826kNet result 2021: €-772k€-772kRevenue 2022: €2.95M€2.95MOperating result 2022: €267k€267kNet result 2022: €-46k€-46kOperating result 2023: €-507k€-507kNet result 2023: €-556k€-556kOperating result 2024: €-904k€-904kNet result 2024: €-1.01M€-1.01M20202021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~77.8%/year over 7 fiscal years, indicative, assuming unchanged policy.
€-4.00M€-2.00M€0€2.00M€4.00M2025: €-1.28M (€-1.62M - €-929k)2026: €-1.95M (€-2.50M - €-1.39M)2027: €-2.62M (€-3.39M - €-1.86M)2018: €3.43M2019: €2.95M2020: €1.64M2021: €865k2022: €818k2023: €263k2024: €-744k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -81.4% 27.4%
better than 5% of 958 sector peers
Net result €-1.01M €24k
better than 5% of 958 sector peers
Equity €-744k €171k
better than 5% of 958 sector peers
Gross operating margin €-47k €176k
better than 7% of 956 sector peers
Staff costs €725k €166k
higher than 87% of 593 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€2.95M
-6.2% -87% vs sector
EBITDA
€-880k
-85.4% far below sector median
Net profit
€-1.01M
-81.2% far below sector median
Cash flow
€-983k
-87.9% far below sector median
Total assets
€914k
-31.7% -46% vs sector
Equity
€-744k
- far below sector median
Working capital
€-685k
- far below sector median
Employees (FTE)
6
0.0% -73% vs sector
Staff costs
€725k
-5.7% -57% vs sector
Income taxes
€12k
-45.4% -33% vs sector
Debt
€1.66M
+54.2% far above sector median
Debt ≤ 1y
€1.58M
+77.6% far above sector median
Current ratio
0.57
-59.4% -93% vs sector
Quick ratio
0.57
-59.4% -92% vs sector
Solvency
-81.4%
- far below sector median
Debt / equity
-2.23
- far below sector median
ROE
135.3%
- far above sector median
ROA
-110.1%
-165.1% far below sector median
Net margin
-1.6%
+96.9% far below sector median
EBITDA margin
10.5%
- -8% vs sector
Interest coverage
-9.23
-77.3% far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-880k
Net profit€-1.01M
Cash flow€-983k
Staff costs€725k
Income taxes€12k
Dividends-
Total assets€914k
Equity€-744k
Debt€1.66M
of which ≤ 1y€1.58M
of which > 1y-
Working capital€-685k
Employees (FTE)6.0
Ratios (computed)
2024
Current ratio0.57
Quick ratio0.57
Working capital ratio-74.9%
Solvency-81.4%
Debt / equity-2.23
Long-term debt ratio-
Interest coverage-9.23
Gross margin-
Net margin-
ROA-110.1%
ROE135.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€914k
Fixed assets 21/28€20k
Tangible fixed assets 22/27€15k
Financial fixed assets 28€5k
Current assets 29/58€895k
Amounts receivable within one year 40/41€304k
Cash & bank 54/58€547k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€914k
Equity 10/15€-744k
Contributions / capital 10/11€5.01M
Accumulated profits (losses) 14€-5.76M
Amounts payable 17/49€1.66M
Amounts payable within one year 42/48€1.58M
Trade debts payable within one year 44€99k
Income statement
Gross operating margin 9900€-47k
Operating result 9901€-904k
Financial income 75€5k
Financial charges 65€95k
Result before taxes 9903€-994k
Income taxes 67/77€12k
Net result for the period 9904€-1.01M
Result to be appropriated 9905€-1.01M
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Wholesale trade(46180)
Legal form Private limited company(610)
Incorporation22-10-2003
StatusActive
Postal code9050
Establishment units 1 location
SIGOS
Gaston Crommenlaan 8, 9050 GentHandelsbemiddeling gespecialiseerd in overige goederen, n.e.g.
since 20032.133.863.507
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44032A0472/00R003 Flanders 1.9 ha 1 · 1,241 m² 18.8 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 20 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
30-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
31-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
23-11-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
31-08-2023
State Gazette act Director changes
v3.2
31-05-2023
State Gazette act Director changes
v3.2
08-03-2023
State Gazette act Director changes
v3.2
09-02-2023
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
03-11-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
19-07-2021
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2020
14-08-2020
State Gazette act Statutes amendment
v3.2
2019
09-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
11-10-2018
State Gazette act Statutes amendment
v3.2
08-10-2018
State Gazette act Director changes
v3.2
14-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
30-07-2018
State Gazette act Director changes
v3.2
15-01-2018
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2017
04-01-2017
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2016
08-12-2016
State Gazette act Director changes
v3.2
2015
30-09-2015
State Gazette act Minor change
Fiscal year change · Peter Van Melkebeke
18-06-2015
State Gazette act Director changes
v3.2
Belgisch Staatsblad, acts 10 acts
All acts · 10 updated 2 years ago
2023
31-08-2023 1 director appointed, 1 resigning Director changes
  • Riputapan SINGH, Bestuurder
  • William John ATKINS, Bestuurder
Summary: v3.2
Technical details 
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31-05-2023 Bishal Bisht resigns as director Director changes
  • Bishal Bisht, Bestuurder
Summary: v3.2
Technical details 
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08-03-2023 2 directors appointed, 2 resigning Director changes
  • Bishal Bahadur Bisht, Bestuurder
  • William John Atkins, Bestuurder
  • Orathi Pathangi Srinivasan, Bestuurder
  • Andrew Chorley Warner, Bestuurder
Summary: v3.2
Technical details 
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    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Andrew Chorley Warner",
        "address": null,
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    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Bishal Bahadur Bisht",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "William John Atkins",
        "address": null,
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  "schema": "v3.2",
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2020
14-08-2020 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
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  "object_change": {
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  "subject_company": {
    "kbo": "0861.225.188",
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  },
  "legal_form_change": {
    "new": "",
    "old": "Besloten Vennootschap",
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2018
11-10-2018 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
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  "object_change": {
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  "subject_company": {
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  },
  "legal_form_change": {
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  }
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08-10-2018 2 directors appointed Director changes
  • BDO Bedrijfsrevisoren, Commissaris
  • Thomas Durieux, Vaste vertegenwoordiger commissaris
Summary: v3.2
Technical details 
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      "role": "commissaris",
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        "name": "BDO Bedrijfsrevisoren",
        "address": null,
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    },
    {
      "kind": "director_in",
      "role": "vaste vertegenwoordiger commissaris",
      "person": {
        "rrn": null,
        "name": "Thomas Durieux",
        "address": null,
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  "subject_company": {
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  }
}
30-07-2018 1 director appointed, 2 resigning Director changes
  • Norbert Neumeister, Bestuurder
  • John Van Siclen, Bestuurder
  • Kevin Burns, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "John Van Siclen",
        "address": null,
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    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
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    },
    {
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2016
08-12-2016 1 director appointed, 1 resigning Director changes
  • Kevin Conal Burns, Bestuurder
  • Kenneth R. Stillwell, Jr., Bestuurder
Summary: v3.2
Technical details 
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      "role": "bestuurder",
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        "rrn": null,
        "name": "Kenneth R. Stillwell, Jr.",
        "address": null,
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    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Kevin Conal Burns",
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2015
30-09-2015 Publication in the Belgian Official Gazette, Minor change Minor change·Peter Van Melkebeke
Summary: Fiscal year changeNotary: Peter Van Melkebeke · Brussel
Technical details 
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  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2015-09-30",
    "filing_date": "2015-01-01",
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  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2015-09-09",
    "unanimous": true
  },
  "agm_change": {
    "new_schedule": "derde donderdag van de maand mei om twintig uur",
    "old_schedule": null,
    "effective_from_year": 2016,
    "rule_changes_summary": null
  },
  "detected_kind": "fiscal_year_change",
  "other_address": {
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    "address_new": null,
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    "effective_date": null,
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  },
  "mandate_renewal": {
    "period_end": null,
    "mandate_kind": "other",
    "period_start": null,
    "remuneration_eur": 0.0,
    "remuneration_kind": "gratuit",
    "person_or_entity_kbo": null,
    "person_or_entity_name": null
  },
  "subject_company": {
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    "name_full": "SIGOS",
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  },
  "accounts_deposit": {
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    "fiscal_year_end": "2015-12-31",
    "filing_reference": null
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  },
  "co_filed_documents": [
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    "twee volmachten",
    "geco\u00F6rdineerde tekst van statuten"
  ],
  "fiscal_year_change": {
    "new_end_mm_dd": "31-12",
    "old_end_mm_dd": "31-12",
    "new_start_mm_dd": "01-01",
    "old_start_mm_dd": "01-01",
    "first_full_new_year": 2016,
    "transition_period_end": "2015-12-31"
  },
  "liquidation_closure": {
    "liquidator_name": null,
    "discharge_granted": false,
    "deficit_amount_eur": 0.0,
    "deficit_or_surplus": "balanced",
    "liquidator_address": null,
    "surplus_amount_eur": 0.0,
    "court_decision_date": null,
    "books_custodian_name": null,
    "court_approving_plan": null,
    "books_custody_address": null
  },
  "officer_designation": {
    "role": "other",
    "organ": null,
    "person_name": null
  },
  "special_procuration": {
    "grantee_kbo": null,
    "grantee_name": null,
    "grantor_name": null,
    "scope_summary": null,
    "monetary_cap_eur": 0.0,
    "scope_categories": [],
    "termination_clause": null,
    "substitution_allowed": false
  },
  "is_volet_a_only_stub": false,
  "vakbekwaamheid_change": {
    "licence_kind": "other",
    "effective_date": null,
    "new_holder_name": null,
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  "should_reroute_to_category": null,
  "single_shareholder_declaration": null
}
18-06-2015 2 directors appointed, 2 resigning Director changes
  • John van Siclen, Bestuurder
  • Kenneth R. Stillwell, Jr., Bestuurder
  • David Peterson, Bestuurder
  • Jennifer Tejada, Bestuurder
Summary: v3.2
Technical details 
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      "person": {
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      "person": {
        "rrn": null,
        "name": "Kenneth R. Stillwell, Jr.",
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Handelsbemiddeling gespecialiseerd in andere goederen46180Handelsbemiddeling in de groothandel in andere specifieke goederen46180Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.51180Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Overige advisering in verband met programmatuur en levering van programmatuur72220Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet61100Draadloze telecommunicatie61200Overige diensten op het gebied van informatietechnologie en computer62090Overige diensten op het gebied van informatietechnologie en computer62900Telecommunicatie64200Overige technische testen en toetsen71209Overige technische testen en toetsen71209Overige activiteiten in verband met computers72600Technische testen en analyses74302
Primary activity highlighted.
Names & trade names
Legal nameNL SIGOS
Registered office
Gaston Crommenlaan 8
9050 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative