SIGPRA
ActiveSIGPRA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €-4k. Equity is shrinking by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 8647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+1
Solvency28▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.05 in 2024; short-term debt: 96.5% and cash: 0.1% of total assets), and 97.1% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
2.9%
Return on assets
-0.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8647 sector peers (2025).
NBB · sector comparisonPosition among 8647 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
60 d late
2023
31 d late
2022
28 d late
2021
30 d late
2020
30 d late
2019
69 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€15k▼ 20.8%
2024 · €19k
2018: €46k
2019: €46k
2020: €34k
2021: €29k
2022: €24k
2023: €25k
2024: €19k
2018 → 2025
Total assets
€537k▲ 2.3%
2024 · €525k
2018: €53k
2019: €799k
2020: €788k
2021: €793k
2022: €802k
2023: €452k
2024: €525k
2018 → 2025
Net result
€-4k▲ 21.5%
2024 · €-5k
2018: €-202
2019: €507
2020: €-12k
2021: €-5k
2022: €-5k
2023: €1k
2024: €-5k
2018 → 2025
Working capital
€19k▼ 21.6%
2024 · €24k
2018: €46k
2019: €46k
2020: €34k
2021: €31k
2022: €26k
2023: €29k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€24k▼ 18.8%€25k▲ 4.4%€19k▼ 21.0%€15k▼ 20.8%
Operating result€-4k-€-4k▲ 1.4%€16k€-4k€-3k▲ 33.5%
Net result€-5k-€-5k▼ 20.8%€1k€-5k€-4k▲ 21.5%
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 €3k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €537k
Equity
€15k▼ 20.8%
Debt
€522k▲ 3.2%
The debt ratio rises from 96.3% to 97.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
2.9%▼
2024 · 3.7%
Current ratio
1.04▼
2024 · 1.05
Quick ratio
0.05▼
2024 · 0.05
Debt / equity
33.88▲
2024 · 26.00
ROE
-26.3%▲
2024 · -26.6%
ROA
-0.8%▲
2024 · -1.0%
Debt
€522k▲
2024 · €506k
Debt ≤ 1 year
€519k▲
2024 · €501k
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€525k€537k▲
Current assets29/58€525k€537k▲
Stocks and contracts in progress3€498k€511k▲
Stocks30/36€498k€511k▲
Amounts receivable within one year40/41€27k€26k▼
Trade receivables40€25k€24k▼
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€102€433▲
Equity and liabilities
Total equity and liabilities10/49€525k€537k▲
Equity10/15€19k€15k▼
Contributions10/11€19k€19k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-4k€-8k▼
Amounts payable17/49€506k€522k▲
Amounts payable within one year42/48€501k€519k▲
Financial debts43€320k€320k=
Credit institutions430/8€320k€320k=
Trade debts44€62k€61k▼
Suppliers440/4€62k€61k▼
Other amounts payable47/48€119k€137k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-2k€-1k▲
Operating profit (loss)9901€-4k€-3k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-5k€-4k▲
Profit (loss) for the period9904€-5k€-4k▲
Profit (loss) for the period to be appropriated9905€-5k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-8k▼
Profit (loss) brought forward from the previous period14P€1k€-4k▼
The notes to these accounts (6 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
23-03
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director discharge5 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director discharge5 facts ▸
- General meeting, 10/02/2026
- Director resignation, NV AHF INVEST (bestuurder)
- Director discharge, NV AHF INVEST (bestuurder)
- Registered-office move, Dorpsstraat 98 bus 7 - 2590 Berlaar
- Permanent representative, Nico Vorsselmans
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-12k ▼2565%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
31-12
Financial
Back to profitnet €507
Net result €507 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-02-2026
AHF INVEST: Resigned as Director
20-04-2018
Christophe Costermans: Resigned as Manager
20-04-2018
Vermeulen Joeri: Resigned as Manager
Location & real-estate footprint
Registered office, Berlaar · 1 establishment unit since 2006
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.
Dorpsstraat 982590 BerlaarGround area
2,311 m²
Building footprint
773 m²
Volume, LiDAR
1,879 m³
Parcel 12002A0751/00A000, Flanders · tallest building 4.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Sigpra bvba
since 20062.157.354.531
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12002A0751/00A000 | Flanders | 2,311 m² | 1 · 773 m² | 4.1 m · 1 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
HYGIEIA
BE 0700.711.667
Zandhoven · Eq €15k
Qreative
BE 0738.708.151
Nivelles · Eq €15k
CON LECHE
BE 1028.596.116
Herzele · Eq €15k
CARE-FULLY
BE 0687.776.817
Kortenaken · Eq €15k
Chapter 3
BE 0719.412.376
De Haan · Eq €15k
Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 27,723 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-09-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.