Turnover
≈ €590,000 estimated
The micro format states no turnover.
SILATECH
Lifetime
1 annual account with figurespeak €119,398 (2025)
€119,398
peak €51,218 (2025)
€51,218
peak €61,218 (2025)
€61,218
€239,423
Board1 name since 2024
1 directorLAPAGE Siebe
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€239,423 80% of the balance sheet
Financial debts 22%Suppliers 6%Taxes and wages 12%Other 60%
Of this, €190,556 falls due within a year.
Position in the sector
€51,218
Higher net result than 85% of companies in wholesale trade. Sector median €5,606 · 13,811 companies.
Checked score
67
Healthy
Financially stronger than 50% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 1.6%
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.7%▲ +0.1 percentage points vs 01-2026
03-2026: 2.0%▲ +0.3 percentage points vs 02-2026
04-2026: 2.1%▲ +0.1 percentage points vs 03-2026
05-2026: 2.4%▲ +0.3 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.6%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 0.9%▼ -1.7 percentage points vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026lowest value
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Wholesale trade (NACE 46)
Equity €61,218 (20.4% of total assets)
lowers risk
Liquidity: current ratio 0.92, cash €49,935
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 32% of them on solvency, 35% on liquidity and 85% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,390 companies had the same profile as SILATECH has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SILATECH itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,390 companies, not a prediction for SILATECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.92, below 1. Short-term debt is 63.4% and cash 16.6% of total assets. 79.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
14 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016719752
Incorporation
Founding capital of €10,000, 100 shares · Founder: LAPAGE Siebe · Appointment: LAPAGE Siebe (director) · published on 02-12-2024 · Gazette deed
First establishment
Wassenhovestraat 24, Zottegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SILATECH Zottegem | €300,641 | €119,398 | 20.4% | - |
| RV-TRAC New Leuze-en-Hainaut | €380,415 | €110,051 | 24.6% | - |
| FP Mécanique Lessines | €314,462 | €167,284 | 7.4% | 2.3 |
| Homburg Belgium Heist-op-den-Berg | €361,162 | €135,013 | 5.4% | - |
| NISEN-S Bastogne | €565,065 | €92,717 | 24.7% | - |
| HELENE HOOGSTEYNS MANAGEMENT Voeren | €131,942 | €120,040 | 68.5% | - |
| ETS GAUTHIER Walcourt | €385,288 | €252,137 | 49.4% | - |
These companies have the same main activity as SILATECH: wholesale trade (NACE 46610). They are comparable in size and age: total assets between €132,000 and €565,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 28-11-2024Normal situation
- Activity
- Wholesale tradeNACE 46610and 3 others
- Joint committee
- 149.04Metal trade · annual accounts 2025
- Establishment unit
- 2.366.863.7429620 Zottegem, since 28-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-08-2025
Annual accounts 2025
- €300,641
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on SILATECH
SILATECH has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,218 and a net result of €51,218.
Its solvency ranks better than 35% of 13,805 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SILATECH
- What is the company number of SILATECH?
- The company number of SILATECH is 1016.719.752. The VAT number is the same number with BE in front: BE 1016.719.752.
- Where is SILATECH based?
- The registered office is at Wassenhovestraat 24, 9620 Zottegem.Company details
- What does SILATECH do?
- According to the KBO register, the main activity is wholesale trade (NACE 46610).
- What is the legal form of SILATECH?
- SILATECH is a private limited company (BV).
- When was SILATECH founded?
- SILATECH was founded on 28-11-2024.
- Is SILATECH still active?
- Yes, SILATECH is an active enterprise in the KBO register.
- How many employees does SILATECH have?
- SILATECH had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SILATECH fall under?
- In its 2025 annual accounts, SILATECH states joint committee 149.04 (Metal trade).
- What is the turnover of SILATECH?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €119,398 and 59 comparable companies (NACE 46). It probably lies between €290,000 and €1.1m.
- Is SILATECH profitable?
- In financial year 2025, SILATECH made a profit of €51,218.
- Where can I find the annual accounts of SILATECH?
- SILATECH filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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