SIJSALA
ActiveSummary
SIJSALA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177k and a net result of €-3k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-54
Solvency87▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.59 against 7.71 in 2024; short-term debt: 37.4% and cash: 6.7% of total assets), and 38.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
20 d late
2023
18 d late
2022
11 d late
2021
26 d late
2020
54 d late
2019
67 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€177k▼ 1.5%
2024 · €179k
2018: €81klowest in 8 years
2019: €97k▲ +20.5% vs 2018
2020: €104k▲ +7.0% vs 2019
2021: €91k▼ -12.9% vs 2020
2022: €106k▲ +17.4% vs 2021
2023: €177k▲ +66.6% vs 2022
2024: €179k▲ +1.2% vs 2023highest in 8 years
2025: €177k▼ -1.5% vs 2024
2018 → 2025
Total assets
€286k▲ 40.8%
2024 · €203k
2018: €174k
2019: €163k▼ -6.0% vs 2018lowest in 8 years
2020: €217k▲ +32.8% vs 2019
2021: €185k▼ -14.5% vs 2020
2022: €175k▼ -5.7% vs 2021
2023: €280k▲ +60.0% vs 2022
2024: €203k▼ -27.4% vs 2023
2025: €286k▲ +40.8% vs 2024highest in 8 years
2018 → 2025
Net result
€-3k
2024 · €5k
2018: €-7k
2019: €17k▲ +354% vs 2018
2020: €7k▼ -59.0% vs 2019
2021: €-13k▼ -298% vs 2020lowest in 8 years
2022: €16k▲ +217% vs 2021
2023: €71k▲ +349% vs 2022highest in 8 years
2024: €5k▼ -92.7% vs 2023
2025: €-3k▼ -153% vs 2024
2018 → 2025
Working capital
€170k▲ 6.2%
2024 · €160k
2018: €89klowest in 8 years
2019: €111k▲ +24.1% vs 2018
2020: €98k▼ -11.6% vs 2019
2021: €104k▲ +6.2% vs 2020
2022: €108k▲ +3.9% vs 2021
2023: €162k▲ +49.4% vs 2022
2024: €160k▼ -1.2% vs 2023
2025: €170k▲ +6.2% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€91k-€106k▲ 17.4%€177k▲ 66.6%€179k▲ 1.2%€177k▼ 1.5%
2021: €91klowest in 5 years
2022: €106k▲ +17.4% vs 2021
2023: €177k▲ +66.6% vs 2022
2024: €179k▲ +1.2% vs 2023highest in 5 years
2025: €177k▼ -1.5% vs 2024
Operating result€-12k-€18k€71k▲ 288%€22k▼ 69.0%€-12k
2021: €-12klowest in 5 years
2022: €18k▲ +249% vs 2021
2023: €71k▲ +288% vs 2022highest in 5 years
2024: €22k▼ -69.0% vs 2023
2025: €-12k▼ -155% vs 2024
Net result€-13k-€16k€71k▲ 349%€5k▼ 92.7%€-3k
2021: €-13klowest in 5 years
2022: €16k▲ +217% vs 2021
2023: €71k▲ +349% vs 2022highest in 5 years
2024: €5k▼ -92.7% vs 2023
2025: €-3k▼ -153% vs 2024
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 €12k after €22k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€10k ▼ 50.9%
Current assets
€276k ▲ 50.8%
Equity and liabilities €286k
Equity
€177k ▼ 1.5%
Debt
€110k ▲ 360%
Debt's share of the balance-sheet total rises from 11.7% to 38.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-129▼
2024 · €35k
Cash flow
€9k▼
2024 · €18k
Current ratio
2.59▼
2024 · 7.71
Debt to equity
0.62▲
2024 · 0.13
ROE
-1.6%▼
2024 · 2.9%
ROA
-1.0%▼
2024 · 2.6%
Interest coverage
-0.56▼
2024 · 122.46
Debt ≤ 1 year
€107k▲
2024 · €24k
Income taxes
€0▼
2024 · €22k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€203k€286k▲
Fixed assets21/28€20k€10k▼
Tangible fixed assets22/27€20k€10k▼
Furniture and vehicles24€20k€10k▼
Current assets29/58€183k€276k▲
Amounts receivable within one year40/41€181k€227k▲
Trade receivables40€26k€11k▼
Other amounts receivable41€155k€216k▲
Cash at bank and in hand54/58€3k€19k▲
Deferred charges and accrued income490/1€0€31k▲
Equity and liabilities
Total equity and liabilities10/49€203k€286k▲
Equity10/15€179k€177k▼
Contributions10/11€6k€6k=
Reserves13€100k€100k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€73k€70k▼
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Pensions and similar obligations160€0-
Amounts payable17/49€24k€110k▲
Amounts payable within one year42/48€24k€107k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€611€0▼
Credit institutions430/8€611€0▼
Trade debts44€0€86k▲
Suppliers440/4€0€86k▲
Taxes, remuneration and social security45€23k€21k▼
Taxes450/3€23k€21k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€902€612▼
Gross operating margin9900€36k€483▼
Operating profit (loss)9901€22k€-12k▼
Financial income75/76B€5k€10k▲
Recurring financial income75€5k€10k▲
Financial charges65/66B€283€229▼
Recurring financial charges65€283€229▼
Profit (loss) for the period before taxes9903€27k€-3k▼
Income taxes67/77€22k€0▼
Profit (loss) for the period9904€5k€-3k▼
Profit (loss) for the period to be appropriated9905€5k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€70k▼
Profit (loss) brought forward from the previous period14P€68k€73k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €292 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €10k | €10k | €13k | €12k | ▼ 4.6% |
| Other operating charges640/8 | €320 | €374 | €362 | €902 | €612 | ▼ 32.1% |
| Gross operating margin9900 | €-2k | €28k | €81k | €36k | €483 | ▼ 98.6% |
| Operating profit (loss)9901 | €-12k | €18k | €71k | €22k | €-12k | ▼ 155% |
| Financial income75/76B | €21 | - | - | €5k | €10k | ▲ 84.4% |
| Recurring financial income75 | €21 | - | - | €5k | €10k | ▲ 84.4% |
| Financial charges65/66B | €1k | €747 | €362 | €283 | €229 | ▼ 19.2% |
| Recurring financial charges65 | €1k | €747 | €362 | €283 | €229 | ▼ 19.2% |
| Profit (loss) for the period before taxes9903 | €-13k | €18k | €71k | €27k | €-3k | ▼ 110% |
| Income taxes67/77 | €115 | €2k | €-243 | €22k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €-13k | €16k | €71k | €5k | €-3k | ▼ 153% |
| Profit (loss) for the period to be appropriated9905 | €-13k | €16k | €71k | €5k | €-3k | ▼ 153% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €185k | €175k | €280k | €203k | €286k | ▲ 40.8% |
| Fixed assets21/28 | €35k | €27k | €34k | €20k | €10k | ▼ 50.9% |
| Tangible fixed assets22/27 | €35k | €27k | €34k | €20k | €10k | ▼ 50.9% |
| Plant, machinery and equipment23 | €862 | €394 | €0 | - | - | - |
| Furniture and vehicles24 | €35k | €27k | €34k | €20k | €10k | ▼ 50.9% |
| Current assets29/58 | €150k | €148k | €245k | €183k | €276k | ▲ 50.8% |
| Amounts receivable within one year40/41 | €113k | €106k | €241k | €181k | €227k | ▲ 25.3% |
| Trade receivables40 | €110k | €100k | €239k | €26k | €11k | ▼ 58.4% |
| Other amounts receivable41 | €3k | €6k | €2k | €155k | €216k | ▲ 39.4% |
| Cash at bank and in hand54/58 | €37k | €41k | €4k | €3k | €19k | ▲ 662% |
| Deferred charges and accrued income490/1 | €598 | €321 | €321 | €0 | €31k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €185k | €175k | €280k | €203k | €286k | ▲ 40.8% |
| Equity10/15 | €91k | €106k | €177k | €179k | €177k | ▼ 1.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €98k | €100k | €98k | €100k | €100k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €96k | €98k | €96k | €100k | €100k | = |
| Profit (loss) carried forward14 | €-13k | - | €73k | €73k | €70k | ▼ 3.8% |
| Provisions and deferred taxes16 | €19k | €19k | €19k | €0 | - | - |
| Provisions for liabilities and charges160/5 | €19k | €19k | €19k | €0 | - | - |
| Pensions and similar obligations160 | €19k | €19k | €19k | €0 | - | - |
| Amounts payable17/49 | €76k | €50k | €84k | €24k | €110k | ▲ 360% |
| Amounts payable after more than one year17 | €30k | €10k | €0 | - | - | - |
| Financial debts170/4 | €30k | €10k | €0 | - | - | - |
| Amounts payable within one year42/48 | €46k | €40k | €84k | €24k | €107k | ▲ 349% |
| Current portion of amounts payable after more than one year42 | €20k | €20k | €10k | €0 | - | - |
| Financial debts43 | - | - | - | €611 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €611 | €0 | ▼ 100% |
| Trade debts44 | €14k | €895 | €54k | €0 | €86k | - |
| Suppliers440/4 | €14k | €895 | €54k | €0 | €86k | - |
| Taxes, remuneration and social security45 | €438 | €399 | €0 | €23k | €21k | ▼ 7.9% |
| Taxes450/3 | €438 | €399 | €0 | €23k | €21k | ▼ 7.9% |
| Other amounts payable47/48 | €11k | €18k | €20k | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €3k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-13k | €16k | €71k | €5k | €-3k | ▼ 153% |
| + Depreciation and write-downs630 | €9k | €10k | €10k | €13k | €12k | ▼ 4.6% |
| Operating cash flow (approximation) | €-4k | €25k | €81k | €18k | €9k | ▼ 47.8% |
| Investment in fixed assets (approximation) | - | €-1k | €-17k | €2k | €-2k | ▼ 207% |
| Change in cash | - | €5k | €-37k | €-2k | €17k | ▲ 1,025% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 7.71
Current ratio from 2.93 to 7.71; short-term debt falls from €84k to €24k.
18-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
31-12
Financial
Highest result since 2018net €71k ▲349%
Operating result €71k, net result €71k, both a record.
31-12
Financial
Equity above €150kEq €177k ▲66.6%
2 profitable years in a row build equity to €177k.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Equity above €100kEq €106k ▲17.4%
Equity rises from €91k to €106k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
Show earlier events
2020
31-12
Financial
Equity above €100kEq €104k ▲7%
2 profitable years in a row build equity to €104k.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Damme · 1 establishment unit since 2005
Ground area
5.2 ha
Building footprint
813 m²
Parcel 31026B0552/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Sijsala
since 20052.150.496.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026B0552/00H000 | Flanders | 5.2 ha | 1 · 813 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDamme2.150.496.730
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VAN RIET
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Of 958 companies in sector 46319 we hold annual accounts for 610. 419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
46319Wholesale of fruit and vegetables, excluding potatoes
Scores and ratios are computed by Checked and are not a credit decision.