Sikovak

Active

Private limited companyfounded 20241 yr activeHouthamelsteeg 9, 3724 Hasselt, BelgiumKBO/BCE: BE 1017.387.765

Summary

Sikovak has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,535 and a net result of €59,535. Its solvency ranks better than 79% of 9042 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch Report Compare

SikovakActiveChecked score 91/100

Risk analysis Report Compare

Activity

Plumbing work

NACE 43221

1 site

Size

€99,134total assets 2025

Equity: €69,535
Profit: €59,535

Turnover not published (abridged schema)

Financial health

91 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.3%

Structure

Accounts 42 d early0 of 1 deed read

Why 91- Founded in 2024- Size: total assets €99,134+ Liquidity: current ratio 5.74, cash €44,178+ Equity €69,535 (70.1% of total assets)Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Better than 88% of its sector peers (NACE 43, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Strong

Solvency 95

equity 70.1% of total assets

Liquidity 99

short-term debt 11.9% · cash 44.6%

Profitability 100

return on assets 60.1%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)

Last 24 months 01-2026: 1.9% 02-2026: 1.9%▲ +2.7% vs 01-2026 03-2026: 2.0%▲ +2.0% vs 02-2026 04-2026: 2.4%▲ +22.7% vs 03-2026 05-2026: 2.4%▲ +0.5% vs 04-2026 06-2026: 2.7%▲ +11.5% vs 05-2026highest value 07-2026: 0.3%▼ -89.8% vs 06-2026lowest value 08-2026: 0.3%● 0.0% vs 07-2026lowest value 09-2026: 0.3%▲ +2.9% vs 08-2026 10-2026: 0.3%▼ -1.1% vs 09-2026

Liquidity: current ratio 5.74, cash €44,178 lowers the probability
Founded in 2024 raises the probability for this profile
Equity €69,535 (70.1% of total assets) lowers the probability
Size: total assets €99,134 raises the probability for this profile

Credit up to €6,000 at 30 days only on tighter terms

Liquidity ample (current ratio 5.74; short-term debt: 11.9% and cash: 44.6% of total assets), and 29.9% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 76%, liquidity 95%, profitability 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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