SIL
ActiveSummary
SIL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54,391 and a net result of €10,391. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▲+2
Solvency98▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.61 against 5.47 in 2023; short-term debt: 27.4% and cash: 58.8% of total assets), and 27.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
72.6%
Return on assets
13.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
on the day
2022
38 d early
2021
26 d late
2020
5 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€54,391▲ 0.7%
2023 · €54,001
Total assets
€74,934▲ 14.2%
2023 · €65,612
Net result
€10,391▲ 32.4%
2023 · €7,848
Working capital
€53,704▲ 3.4%
2023 · €51,947
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€511▼ 91.4%-€1,618€389€11,180▲ 2,772%€14,415▲ 28.9%
Net result€388▼ 88.4%-€2,677-€178▲ 93.3%€7,848€10,391▲ 32.4%
Equity€49,007▲ 0.8%€46,330▼ 5.5%€46,152▼ 0.4%€54,001▲ 17.0%€54,391▲ 0.7%
Total assets€52,147▼ 8.6%€56,410▲ 8.2%€59,560▲ 5.6%€65,612▲ 10.2%€74,934▲ 14.2%
Debt€3,140▼ 62.9%€10,080▲ 221%€13,408▲ 33.0%€11,611▼ 13.4%€20,543▲ 76.9%
Working capital€48,190▼ 1.3%€39,270▼ 18.5%€41,503▲ 5.7%€51,947▲ 25.2%€53,704▲ 3.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 29% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74,934
Fixed assets
€687 ▼ 66.5%
Current assets
€74,247 ▲ 16.8%
Equity and liabilities €74,934
Equity
€54,391 ▲ 0.7%
Debt
€20,543 ▲ 76.9%
Debt's share of the balance-sheet total rises from 17.7% to 27.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,782▲
2023 · €15,011
Cash flow
€11,758▲
2023 · €11,679
Current ratio
3.61▼
2023 · 5.47
Quick ratio
3.57▼
2023 · 5.39
Debt to equity
0.38▲
2023 · 0.22
ROE
19.1%▲
2023 · 14.5%
ROA
13.9%▲
2023 · 12.0%
Interest coverage
85.95▼
2023 · 106.61
Debt ≤ 1 year
€20,543▲
2023 · €11,611
Income taxes
€4,365▲
2023 · €3,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €256 | €2,996 | €3,950 | €3,831 | €1,367 | ▼ 64.3% |
| Other operating charges640/8 | - | €1,303 | €1,355 | €1,517 | €1,411 | ▼ 6.9% |
| Gross operating margin9900 | €1,753 | €2,680 | €5,695 | €16,528 | €17,193 | ▲ 4.0% |
| Operating profit (loss)9901 | €511 | -€1,618 | €389 | €11,180 | €14,415 | ▲ 28.9% |
| Financial income75/76B | - | €952 | €1,098 | €634 | €525 | ▼ 17.3% |
| Recurring financial income75 | €1,237 | €952 | €1,098 | €634 | €525 | ▼ 17.3% |
| Financial charges65/66B | - | €1,442 | €326 | €141 | €184 | ▲ 30.4% |
| Recurring financial charges65 | €754 | €1,442 | €326 | €141 | €184 | ▲ 30.4% |
| Profit (loss) for the period before taxes9903 | €994 | -€2,108 | €1,161 | €11,674 | €14,756 | ▲ 26.4% |
| Income taxes67/77 | €606 | €569 | €1,339 | €3,825 | €4,365 | ▲ 14.1% |
| Profit (loss) for the period9904 | €388 | -€2,677 | -€178 | €7,848 | €10,391 | ▲ 32.4% |
| Profit (loss) for the period to be appropriated9905 | €388 | -€2,677 | -€178 | €7,848 | €10,391 | ▲ 32.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52,147 | €56,410 | €59,560 | €65,612 | €74,934 | ▲ 14.2% |
| Fixed assets21/28 | €817 | €8,656 | €4,649 | €2,054 | €687 | ▼ 66.5% |
| Tangible fixed assets22/27 | €817 | €8,599 | €4,649 | €2,054 | €687 | ▼ 66.5% |
| Plant, machinery and equipment23 | - | €459 | €102 | €0 | - | - |
| Furniture and vehicles24 | - | €8,140 | €4,547 | €2,054 | €687 | ▼ 66.5% |
| Financial fixed assets28 | - | €57 | €0 | - | - | - |
| Current assets29/58 | €51,330 | €47,754 | €54,911 | €63,557 | €74,247 | ▲ 16.8% |
| Stocks and contracts in progress3 | €2,063 | €0 | - | €956 | €956 | = |
| Stocks30/36 | - | - | - | €956 | €956 | = |
| Contracts in progress37 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €15,110 | €17,291 | €26,377 | €5,722 | €18,196 | ▲ 218% |
| Trade receivables40 | - | €1,069 | €6,760 | €550 | €4,200 | ▲ 664% |
| Other amounts receivable41 | - | €16,222 | €19,617 | €5,172 | €13,996 | ▲ 171% |
| Cash at bank and in hand54/58 | €30,505 | €27,779 | €26,150 | €39,585 | €44,089 | ▲ 11.4% |
| Deferred charges and accrued income490/1 | - | €2,684 | €2,383 | €17,294 | €11,006 | ▼ 36.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52,147 | €56,410 | €59,560 | €65,612 | €74,934 | ▲ 14.2% |
| Equity10/15 | €49,007 | €46,330 | €46,152 | €54,001 | €54,391 | ▲ 0.7% |
| Contributions10/11 | - | €10,200 | €10,200 | €10,200 | €10,200 | = |
| Reserves13 | €38,807 | €36,130 | €35,952 | €43,801 | €44,191 | ▲ 0.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €23,343 | €23,343 | €23,343 | €23,343 | = |
| Distributable reserves133 | - | €10,928 | €10,750 | €18,598 | €18,989 | ▲ 2.1% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €3,140 | €10,080 | €13,408 | €11,611 | €20,543 | ▲ 76.9% |
| Amounts payable after more than one year17 | - | €1,596 | €0 | - | - | - |
| Financial debts170/4 | - | €1,596 | €0 | - | - | - |
| Amounts payable within one year42/48 | €3,140 | €8,484 | €13,408 | €11,611 | €20,543 | ▲ 76.9% |
| Current portion of amounts payable after more than one year42 | - | €4,758 | €1,596 | €0 | - | - |
| Trade debts44 | €1,034 | €2,051 | €8,403 | €5,022 | €909 | ▼ 81.9% |
| Suppliers440/4 | - | €2,051 | €8,403 | €5,022 | €909 | ▼ 81.9% |
| Taxes, remuneration and social security45 | - | €1,675 | €3,408 | €6,589 | €12,634 | ▲ 91.7% |
| Taxes450/3 | - | €1,675 | €3,408 | €6,589 | €12,634 | ▲ 91.7% |
| Other amounts payable47/48 | - | - | - | - | €7,000 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €388 | -€2,677 | -€178 | €7,848 | €10,391 | ▲ 32.4% |
| + Depreciation and write-downs630 | €256 | €2,996 | €3,950 | €3,831 | €1,367 | ▼ 64.3% |
| Operating cash flow (approximation) | €644 | €319 | €3,772 | €11,679 | €11,758 | ▲ 0.7% |
| Investment in fixed assets (approximation) | - | -€10,835 | €57 | -€1,236 | €0 | ▲ 100% |
| Change in cash | - | -€2,726 | -€1,629 | €13,435 | €4,504 | ▼ 66.5% |
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
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €10,391 ▲32.4%
Operating result €14,415, net result €10,391, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7,848
Net result €7,848 after 2 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet -€2,677
Net result drops to -€2,677, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 16.35
Current ratio from 6.93 to 16.35; short-term debt falls from €8,236 to €3,140.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3,358
Net result €3,358 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Show earlier events
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 35 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Genk · 1 establishment unit since 2002
Ground area
417 m²
Building footprint
100 m²
Volume, LiDAR
640 m³
Parcel 71016I1560/00R005, Flanders · tallest building 19.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rapenveldstraat 30, 3600 Genk
since 20022.096.267.889
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1560/00R005 | Flanders | 417 m² | 1 · 100 m² | 19.2 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.
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DELGOMBE M.E.S.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 7,447 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 (pre-2019)
Founded09-07-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.