Summary
SIHAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €443,608 and a net result of €27,331. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 8211 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
1 d early
2023
2 d early
2022
18 d early
2021
17 d early
2020
4 d early
2019
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 14 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€443,608▲ 6.6%
2024 · €416,278
Net result
€27,331▼ 41.7%
2024 · €46,892
Total assets
€1.3m▲ 93.5%
2024 · €650,105
Solvency
35.3%▼ 28.8pp
2024 · 64.0%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€126,314▲ 39.5%€97,279▼ 23.0%€115,794▲ 19.0%€74,649▼ 35.5%€64,399▼ 13.7%
Net result€97,901above the sector's middle half▲ 43.2%€72,314within the sector's middle half▼ 26.1%€87,976above the sector's middle half▲ 21.7%€46,892within the sector's middle half▼ 46.7%€27,331within the sector's middle half▼ 41.7%
Equity€257,856within the sector's middle half▲ 61.2%€312,870within the sector's middle half▲ 21.3%€369,386within the sector's middle half▲ 18.1%€416,278above the sector's middle half▲ 12.7%€443,608above the sector's middle half▲ 6.6%
Total assets€387,035within the sector's middle half▲ 58.8%€388,957within the sector's middle half▲ 0.5%€435,916within the sector's middle half▲ 12.1%€650,105within the sector's middle half▲ 49.1%€1.3mabove the sector's middle half▲ 93.5%
Debt€129,179▲ 54.3%€76,087▼ 41.1%€66,530▼ 12.6%€233,828▲ 251%€814,093▲ 248%
Working capital€98,030within the sector's middle half▲ 158%€147,306above the sector's middle half▲ 50.3%€212,730above the sector's middle half▲ 44.4%-€68,420below the sector's middle half-€645,466below the sector's middle half▼ 843%
Solvency66.6%within the sector's middle half▲ 1.0pp80.4%above the sector's middle half▲ 13.8pp84.7%above the sector's middle half▲ 4.3pp64.0%within the sector's middle half▼ 20.7pp35.3%within the sector's middle half▼ 28.8pp
Current ratio2.20within the sector's middle half▲ 0.674.04above the sector's middle half▲ 1.844.56above the sector's middle half▲ 0.530.65below the sector's middle half▼ 3.920.20below the sector's middle half▼ 0.44
Return on assets (ROA)25.3%above the sector's middle half▼ 2.8pp18.6%within the sector's middle half▼ 6.7pp20.2%within the sector's middle half▲ 1.6pp7.2%within the sector's middle half▼ 13.0pp2.2%within the sector's middle half▼ 5.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 14% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.1m ▲ 108%
Current assets
€162,718 ▲ 30.6%
Equity and liabilities €1.3m
Equity
€443,608 ▲ 6.6%
Debt
€814,093 ▲ 248%
Debt's share of the balance-sheet total rises from 36.0% to 64.7%. Equity and debt are higher.
Key figures and ratios
ROE
6.2%▼
2024 · 11.3%
Debt ≤ 1 year
€808,183▲
2024 · €192,972
Debt > 1 year
€5,910▼
2024 · €40,469
Income taxes
€14,268▼
2024 · €16,174
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,464 | €25,812 | €27,027 | €80,105 | €36,466 | ▼ 54.5% |
| Other operating charges640/8 | - | €102 | €109 | €1,089 | €2,762 | ▲ 154% |
| Gross operating margin9900 | €154,979 | €123,193 | €142,929 | €155,843 | €103,626 | ▼ 33.5% |
| Operating profit (loss)9901 | €126,314 | €97,279 | €115,794 | €74,649 | €64,399 | ▼ 13.7% |
| Financial income75/76B | - | €0 | €0 | €15 | €11,335 | ▲ 75,769% |
| Recurring financial income75 | €0 | €0 | €0 | €15 | €0 | ▼ 99.2% |
| Non-recurring financial income76B | - | - | - | - | €11,335 | - |
| Financial charges65/66B | - | €890 | €442 | €11,598 | €34,135 | ▲ 194% |
| Recurring financial charges65 | €1,858 | €890 | €442 | €11,598 | €34,135 | ▲ 194% |
| Profit (loss) for the period before taxes9903 | €124,456 | €96,390 | €115,352 | €63,066 | €41,599 | ▼ 34.0% |
| Income taxes67/77 | €26,556 | €24,076 | €27,377 | €16,174 | €14,268 | ▼ 11.8% |
| Profit (loss) for the period9904 | €97,901 | €72,314 | €87,976 | €46,892 | €27,331 | ▼ 41.7% |
| Profit (loss) for the period to be appropriated9905 | €97,901 | €72,314 | €87,976 | €46,892 | €27,331 | ▼ 41.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €387,035 | €388,957 | €435,916 | €650,105 | €1.3m | ▲ 93.5% |
| Fixed assets21/28 | €206,982 | €193,124 | €163,494 | €525,554 | €1.1m | ▲ 108% |
| Tangible fixed assets22/27 | €115,650 | €101,540 | €71,841 | €433,902 | €410,841 | ▼ 5.3% |
| Land and buildings22 | - | - | - | €372,388 | €364,349 | ▼ 2.2% |
| Furniture and vehicles24 | - | €60,277 | €40,834 | €32,974 | €22,965 | ▼ 30.4% |
| Other tangible fixed assets26 | - | €41,262 | €31,007 | €28,540 | €23,528 | ▼ 17.6% |
| Financial fixed assets28 | €91,332 | €91,584 | €91,652 | €91,652 | €684,142 | ▲ 646% |
| Current assets29/58 | €180,053 | €195,833 | €272,423 | €124,551 | €162,718 | ▲ 30.6% |
| Amounts receivable within one year40/41 | €57,377 | €37,136 | €19,474 | €34,696 | €72,008 | ▲ 108% |
| Trade receivables40 | - | €37,136 | €19,474 | €34,696 | €60,777 | ▲ 75.2% |
| Other amounts receivable41 | - | - | - | - | €11,232 | - |
| Cash at bank and in hand54/58 | €121,668 | €156,916 | €251,717 | €88,624 | €85,041 | ▼ 4.0% |
| Deferred charges and accrued income490/1 | - | €1,781 | €1,231 | €1,231 | €5,668 | ▲ 360% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €387,035 | €388,957 | €435,916 | €650,105 | €1.3m | ▲ 93.5% |
| Equity10/15 | €257,856 | €312,870 | €369,386 | €416,278 | €443,608 | ▲ 6.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €239,256 | €294,270 | €350,786 | €397,678 | €425,008 | ▲ 6.9% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €292,410 | €350,786 | €397,678 | €425,008 | ▲ 6.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | - | - |
| Amounts payable17/49 | €129,179 | €76,087 | €66,530 | €233,828 | €814,093 | ▲ 248% |
| Amounts payable after more than one year17 | €44,984 | €25,832 | €6,490 | €40,469 | €5,910 | ▼ 85.4% |
| Financial debts170/4 | - | €25,832 | €6,490 | €40,469 | €5,910 | ▼ 85.4% |
| Amounts payable within one year42/48 | €82,023 | €48,527 | €59,693 | €192,972 | €808,183 | ▲ 319% |
| Current portion of amounts payable after more than one year42 | - | €19,152 | €19,342 | €39,558 | €37,371 | ▼ 5.5% |
| Trade debts44 | €4,576 | €3,952 | €2,773 | €2,394 | €10,846 | ▲ 353% |
| Suppliers440/4 | - | €3,952 | €2,773 | €2,394 | €10,846 | ▲ 353% |
| Taxes, remuneration and social security45 | - | €14,846 | €16,268 | €19,236 | €25,876 | ▲ 34.5% |
| Taxes450/3 | - | €14,846 | €16,268 | €16,961 | €23,601 | ▲ 39.1% |
| Remuneration and social security454/9 | - | - | - | €2,275 | €2,275 | = |
| Other amounts payable47/48 | - | €10,577 | €21,309 | €131,784 | €734,091 | ▲ 457% |
| Accrued charges and deferred income492/3 | - | €1,727 | €348 | €387 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €97,901 | €72,314 | €87,976 | €46,892 | €27,331 | ▼ 41.7% |
| + Depreciation and write-downs630 | €28,464 | €25,812 | €27,027 | €80,105 | €36,466 | ▼ 54.5% |
| Operating cash flow (approximation) | €126,365 | €98,125 | €115,003 | €126,997 | €63,796 | ▼ 49.8% |
| Investment in fixed assets (approximation) | - | -€11,954 | €2,603 | -€442,166 | -€605,895 | ▼ 37.0% |
| Change in cash | - | €35,248 | €94,801 | -€163,093 | -€3,583 | ▲ 97.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €97,901 ▲43.2%
Operating result €126,314, net result €97,901, both a record.
30-06
Financial
Equity above €200,000Eq €257,856 ▲61.2%
3 profitable years in a row build equity to €257,856.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150,000Eq €159,955 ▲28%
2 profitable years in a row build equity to €159,955.
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Nijlen · 1 establishment unit since 2014
Ground area
653 m²
Building footprint
125 m²
Volume, LiDAR
790 m³
Parcel 12026D0572/00F000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SIHAN BVBA
since 20142.235.053.115
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026D0572/00F000 | Flanders | 653 m² | 1 · 125 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
20%
According to the annual accounts to 30-06-2025 of SIHAN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 13,711 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded07-08-2014
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0558929044
Also
9925:BE0558929044
Registered
09-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.