SILLAE PROJECTS
ActiveSummary
SILLAE PROJECTS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417k and a net result of €11k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability20▼-16
Solvency55▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity short (current ratio 0.9 against 2.55 in 2024; short-term debt: 36.4% and cash: 4.5% of total assets), and 70.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.7%
Return on assets
0.8%
Age of the figures
9 mo
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
125 d early
2023
8 d late
2022
124 d early
2021
87 d early
2020
31 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
€417k▲ 45.6%
2024 · €286k
2019: €17klowest in 7 years
2020: €106k▲ +531% vs 2019
2021: €131k▲ +23.6% vs 2020
2022: €288k▲ +119% vs 2021
2023: €296k▲ +2.9% vs 2022
2024: €286k▼ -3.4% vs 2023
2025: €417k▲ +45.6% vs 2024highest in 7 years
2019 → 2025
Total assets
€1.40M▼ 10.7%
2024 · €1.57M
2019: €269klowest in 7 years
2020: €375k▲ +39.2% vs 2019
2021: €530k▲ +41.5% vs 2020
2022: €1.39M▲ +162% vs 2021
2023: €1.55M▲ +11.8% vs 2022
2024: €1.57M▲ +1.2% vs 2023highest in 7 years
2025: €1.40M▼ -10.7% vs 2024
2019 → 2025
Net result
€11k
2024 · €-10k
2019: €17k
2020: €89k▲ +435% vs 2019
2021: €25k▼ -72.0% vs 2020
2022: €156k▲ +524% vs 2021highest in 7 years
2023: €8k▼ -94.7% vs 2022
2024: €-10k▼ -220% vs 2023lowest in 7 years
2025: €11k▲ +206% vs 2024
2019 → 2025
Working capital
€-50k
2024 · €802k
2019: €-3k
2020: €39k▲ +1338% vs 2019
2021: €129k▲ +230% vs 2020
2022: €606k▲ +368% vs 2021
2023: €767k▲ +26.6% vs 2022
2024: €802k▲ +4.6% vs 2023highest in 7 years
2025: €-50k▼ -106% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€131k-€288k▲ 119%€296k▲ 2.9%€286k▼ 3.4%€417k▲ 45.6%
2021: €131klowest in 5 years
2022: €288k▲ +119% vs 2021
2023: €296k▲ +2.9% vs 2022
2024: €286k▼ -3.4% vs 2023
2025: €417k▲ +45.6% vs 2024highest in 5 years
Operating result€38k-€147k▲ 285%€50k▼ 65.8%€17k▼ 66.0%€-69k
2021: €38k
2022: €147k▲ +285% vs 2021highest in 5 years
2023: €50k▼ -65.8% vs 2022
2024: €17k▼ -66.0% vs 2023
2025: €-69k▼ -504% vs 2024lowest in 5 years
Net result€25k-€156k▲ 524%€8k▼ 94.7%€-10k€11k
2021: €25k
2022: €156k▲ +524% vs 2021highest in 5 years
2023: €8k▼ -94.7% vs 2022
2024: €-10k▼ -220% vs 2023lowest in 5 years
2025: €11k▲ +206% 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 €69k after €17k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€943k ▲ 277%
Current assets
€461k ▼ 65.1%
Equity and liabilities €1.40M
Equity
€417k ▲ 45.6%
Debt
€987k ▼ 23.2%
Debt's share of the balance-sheet total falls from 81.8% to 70.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-46k
Cash flow
€33k
Current ratio
0.90▼
2024 · 2.55
Debt to equity
2.37▼
2024 · 4.49
ROE
2.5%▲
2024 · -3.5%
ROA
0.8%▲
2024 · -0.6%
Interest coverage
-0.92
Debt ≤ 1 year
€511k▼
2024 · €519k
Debt > 1 year
€476k▼
2024 · €766k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.57M€1.40M▼
Fixed assets21/28€250k€943k▲
Tangible fixed assets22/27-€693k
Land and buildings22-€533k
Furniture and vehicles24-€9k
Other tangible fixed assets26-€151k
Financial fixed assets28€250k€250k=
Current assets29/58€1.32M€461k▼
Stocks and contracts in progress3€1.17M-
Stocks30/36€1.17M-
Amounts receivable within one year40/41€125k€398k▲
Trade receivables40€31k€174k▲
Other amounts receivable41€94k€224k▲
Cash at bank and in hand54/58€25k€63k▲
Deferred charges and accrued income490/1€1k€181▼
Equity and liabilities
Total equity and liabilities10/49€1.57M€1.40M▼
Equity10/15€286k€417k▲
Contributions10/11€6k€6k=
Revaluation surpluses12-€120k
Reserves13€100€100=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Profit (loss) carried forward14€280k€290k▲
Amounts payable17/49€1.28M€987k▼
Amounts payable after more than one year17€766k€476k▼
Financial debts170/4€766k€476k▼
Amounts payable within one year42/48€519k€511k▼
Current portion of amounts payable after more than one year42€49k€55k▲
Trade debts44€315k€367k▲
Suppliers440/4€315k€367k▲
Taxes, remuneration and social security45€16k€24k▲
Taxes450/3€13k€24k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€139k€65k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€22k
Other operating charges640/8€3k€188k▲
Gross operating margin9900€20k€141k▲
Operating profit (loss)9901€17k€-69k▼
Financial income75/76B-€130k
Recurring financial income75-€130k
Financial charges65/66B€27k€51k▲
Recurring financial charges65€27k€51k▲
Profit (loss) for the period before taxes9903€-10k€11k▲
Income taxes67/77€429-
Profit (loss) for the period9904€-10k€11k▲
Profit (loss) for the period to be appropriated9905€-10k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€280k€290k▲
Profit (loss) brought forward from the previous period14P€290k€280k▼
The notes to these accounts (8 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €22k | - |
| Other operating charges640/8 | €3k | €632 | €3k | €3k | €188k | ▲ 5,440% |
| Gross operating margin9900 | €41k | €148k | €53k | €20k | €141k | ▲ 591% |
| Operating profit (loss)9901 | €38k | €147k | €50k | €17k | €-69k | ▼ 504% |
| Financial income75/76B | - | €60k | - | - | €130k | - |
| Recurring financial income75 | - | €60k | - | - | €130k | - |
| Financial charges65/66B | €6k | €22k | €39k | €27k | €51k | ▲ 90.0% |
| Recurring financial charges65 | €6k | €22k | €39k | €27k | €51k | ▲ 90.0% |
| Profit (loss) for the period before taxes9903 | €32k | €185k | €11k | €-10k | €11k | ▲ 210% |
| Income taxes67/77 | €7k | €28k | €3k | €429 | - | - |
| Profit (loss) for the period9904 | €25k | €156k | €8k | €-10k | €11k | ▲ 206% |
| Profit (loss) for the period to be appropriated9905 | €25k | €156k | €8k | €-10k | €11k | ▲ 206% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €530k | €1.39M | €1.55M | €1.57M | €1.40M | ▼ 10.7% |
| Fixed assets21/28 | €250k | €250k | €250k | €250k | €943k | ▲ 277% |
| Tangible fixed assets22/27 | - | - | - | - | €693k | - |
| Land and buildings22 | - | - | - | - | €533k | - |
| Furniture and vehicles24 | - | - | - | - | €9k | - |
| Other tangible fixed assets26 | - | - | - | - | €151k | - |
| Financial fixed assets28 | €250k | €250k | €250k | €250k | €250k | = |
| Current assets29/58 | €280k | €1.14M | €1.30M | €1.32M | €461k | ▼ 65.1% |
| Stocks and contracts in progress3 | €178k | €864k | €1.16M | €1.17M | - | - |
| Stocks30/36 | €178k | €864k | €1.16M | €1.17M | - | - |
| Amounts receivable within one year40/41 | €37k | €96k | €128k | €125k | €398k | ▲ 217% |
| Trade receivables40 | €9k | €11k | €43k | €31k | €174k | ▲ 452% |
| Other amounts receivable41 | €28k | €85k | €85k | €94k | €224k | ▲ 138% |
| Cash at bank and in hand54/58 | €65k | €178k | €17k | €25k | €63k | ▲ 156% |
| Deferred charges and accrued income490/1 | €121 | €123 | €1k | €1k | €181 | ▼ 86.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €530k | €1.39M | €1.55M | €1.57M | €1.40M | ▼ 10.7% |
| Equity10/15 | €131k | €288k | €296k | €286k | €417k | ▲ 45.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Revaluation surpluses12 | - | - | - | - | €120k | - |
| Reserves13 | €100 | €100 | €100 | €100 | €100 | = |
| Non-distributable reserves130/1 | €100 | €100 | €100 | €100 | €100 | = |
| Reserves not available under the articles1311 | €100 | €100 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | €125k | €282k | €290k | €280k | €290k | ▲ 3.8% |
| Amounts payable17/49 | €399k | €1.10M | €1.26M | €1.28M | €987k | ▼ 23.2% |
| Amounts payable after more than one year17 | €248k | €568k | €721k | €766k | €476k | ▼ 37.9% |
| Financial debts170/4 | €248k | €568k | €721k | €766k | €476k | ▼ 37.9% |
| Amounts payable within one year42/48 | €151k | €533k | €535k | €519k | €511k | ▼ 1.5% |
| Current portion of amounts payable after more than one year42 | €33k | €46k | €47k | €49k | €55k | ▲ 13.9% |
| Trade debts44 | €21k | €219k | €305k | €315k | €367k | ▲ 16.4% |
| Suppliers440/4 | €21k | €219k | €305k | €315k | €367k | ▲ 16.4% |
| Taxes, remuneration and social security45 | €27k | €146k | €42k | €16k | €24k | ▲ 51.2% |
| Taxes450/3 | €27k | €146k | €39k | €13k | €24k | ▲ 86.3% |
| Remuneration and social security454/9 | - | - | €3k | €3k | - | - |
| Other amounts payable47/48 | €71k | €122k | €141k | €139k | €65k | ▼ 53.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €156k | €8k | €-10k | €11k | ▲ 206% |
| + Depreciation and write-downs630 | - | - | - | - | €22k | - |
| Operating cash flow (approximation) | €25k | €156k | €8k | €-10k | €33k | ▲ 431% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-715k | - |
| Change in cash | - | €114k | €-162k | €8k | €38k | ▲ 381% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €156k ▲524%
Operating result €147k, net result €156k, both a record.
31-12
Financial
Equity above €200kEq €288k ▲119%
4 profitable years in a row build equity to €288k.
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €106k ▲531%
2 profitable years in a row build equity to €106k.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
Show earlier events
2019
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 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, Roosdaal · 1 establishment unit since 2012
Ground area
264 m²
Building footprint
255 m²
Volume, LiDAR
1,468 m³
Parcel 23723A0418/00B000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SILLAE PROJECTS
since 20122.206.751.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23723A0418/00B000 | Flanders | 264 m² | 1 · 255 m² | 8.6 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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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,075 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)
Founded06-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.