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SILMARILS

Active
Private limited companyfounded 2004active for 22 yearsVoie Bernstein 1, 4100 Seraing, BelgiumKBO/BCE: BE 0862.975.940
Summary

The computed 12-month bankruptcy probability of SILMARILS is 2.6% (moderate). The 2025 annual accounts show negative equity (-€91,780) and a net result of -€52,126. Equity has been shrinking by about 46% per year since 2018. Its solvency ranks better than 9% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-01-2004 Normal situation
Activity
Retail sale of souvenirs and religious articles NACE 47784and 1 other
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment units
2.135.483.011 4000 Liège, since 19-02-2004
2.303.851.948 4000 Liège, since 07-03-2020and 1 other
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Financial position

49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts 2025
Gross margin
€14,220
▼ 77.3%
Turnover
≈ €150,000
estimated
Loss
€52,126
▲ 110%
Equity
-€91,780
▼ 131%
Total assets
€104,348
▼ 23.3%
Employees on 31-12-2025
2
▼ 50.0%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskLoss of €52,126, the second in a row (financial year 2025)Negative equity -€91,780Sector: Retail trade (NACE 47)lowers riskSize: total assets €104,348Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 7% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -88.0% of total assets
Liquidity 9+2
short-term debt 132.6% · cash 6.9%
Profitability 0=
return on assets -50.0%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.8% 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 1.7%▼ -0.1 percentage points vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025lowest value 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.4%▲ +0.5 percentage points vs 07-2025 09-2025: 2.0%▼ -0.4 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 1.9%▼ -0.1 percentage points vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.7 percentage points vs 07-2026 09-2026: 2.6%● unchanged vs 08-2026highest value 10-2026: 2.6%● unchanged vs 09-2026highest value 11-2026: 2.6%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.65 (0.8 in 2024), below 1. Short-term debt is 132.6% and cash 6.9% of total assets. Equity is negative.
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 47, micro). It does better than 6% of them on solvency, 10% on liquidity, 6% on profitability and 4% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €52,126, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €104,348
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€91,780
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€91,780
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
2 days late
2022
7 days early
2021
40 days early
2020
11 days late
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€91,780 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€52,126 View
  • Caution: Equity fell in 2025from -€39,654 to -€91,780 ▼ 131% View
  • Caution: Lower net result than 95% of companies in retail tradesector median €5,089 · 22,707 companies -€52,126 View

Recent changes

  1. · Gazette deed Reappointments: LEJEUNE, Nicole Huguette Simone Gérard Rose (director) and LAURENT, Serge Guillaume Marcel Henri Jean (director)Resignations: LEJEUNE, Nicole Huguette Simone Gérard Rose (manager) and LAURENT, Serge Guillaume Marcel Henri Jean (manager)
  2. · Gazette deed Resignation: Francine Goffaux (director)
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as SILMARILS: retail sale of souvenirs and religious articles (NACE 47784). They are comparable in size and age: total assets between €93,200 and €114,000, founded between 1992 and 2007.

CompanyTotal assetsGross margin
SILMARILS Seraing€104,348€14,220
HYADES Namur€113,936€14,066
JOLI Hoogstraten€110,659€20,879
SANDRINE & C° Durbuy€101,804€23,987
R.M. TRADING Brugge€93,156€24,058
MEHDI-T Spa€96,325€27,865
Nicole DRION LIGHTS INTERNATIONAL Bütgenbach€110,867€11,891
Full comparison

Key facts about SILMARILS

What is the company number of SILMARILS?
The company number of SILMARILS is 0862.975.940. The VAT number is the same number with BE in front: BE 0862.975.940.
Where is SILMARILS based?
The registered office is at Voie Bernstein 1, 4100 Seraing.Company details
What does SILMARILS do?
According to the KBO register, the main activity is retail sale of souvenirs and religious articles (NACE 47784).
What is the legal form of SILMARILS?
The legal form of SILMARILS is Private limited company (BV).
When was SILMARILS founded?
SILMARILS was founded on 23-01-2004.
Is SILMARILS still active?
Yes, SILMARILS is an active enterprise in the KBO register.
How many employees does SILMARILS have?
SILMARILS had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SILMARILS fall under?
In its 2025 annual accounts, SILMARILS states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of SILMARILS?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €14,220 and 118 comparable companies (NACE 477). It probably lies between €54,000 and €320,000. It is a rough estimate.
Is SILMARILS profitable?
In financial year 2025, SILMARILS made a loss of €52,126.
Where can I find the annual accounts of SILMARILS?
SILMARILS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SILMARILS due?
SILMARILS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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