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SILO

Active
Private limited companyfounded 2024active for 1 yearStokerijstraat 21 A, 2110 Wijnegem, BelgiumKBO/BCE: BE 1017.604.036
Summary

The computed 12-month bankruptcy probability of SILO is 4.1% (elevated). The 2025 annual accounts show negative equity (-€162,049) and a net result of -€166,049. Its solvency ranks better than 10% of 16,853 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€162,049
Total assets
€157,356
Net result
-€166,049
Working capital
-€225,433

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €157,356
Fixed assets €63,384
Current assets €93,972
Equity and liabilities
Equity-€162,049
Debt€319,405
Equity is negative: debt (€319,405) exceeds the balance-sheet total (€157,356).
Key figures and ratios
2025 value
EBITDA
-€159,436
Cash flow
-€159,752
Solvency
-103.0%
Current ratio
0.29
ROA
-105.5%
Interest coverage
-504.85
Debt
€319,405
Debt ≤ 1 year
€319,405
Staff costs
€273
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.3% still going

For this company itself Checked computes a bankruptcy probability of 4.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€157,356
Fixed assets21/28€63,384
Tangible fixed assets22/27€46,884
Plant, machinery and equipment23€31,917
Furniture and vehicles24€14,967
Financial fixed assets28€16,500
Current assets29/58€93,972
Amounts receivable within one year40/41€49,868
Trade receivables40€28,094
Other amounts receivable41€21,775
Cash at bank and in hand54/58€44,104
Equity and liabilities
Total equity and liabilities10/49€157,356
Equity10/15-€162,049
Contributions10/11€4,000
Profit (loss) carried forward14-€166,049
Amounts payable17/49€319,405
Amounts payable within one year42/48€319,405
Trade debts44€93,276
Suppliers440/4€93,276
Other amounts payable47/48€226,129
Income statement Code2025
Remuneration, social security and pensions62€273
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,298
Other operating charges640/8€1,429
Gross operating margin9900-€157,733
Operating profit (loss)9901-€165,733
Financial charges65/66B€316
Recurring financial charges65€316
Profit (loss) for the period before taxes9903-€166,049
Profit (loss) for the period9904-€166,049
Profit (loss) for the period to be appropriated9905-€166,049
Appropriation of the result
Profit (loss) to be appropriated9906-€166,049

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€273
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,298
Other operating charges640/8€1,429
Gross operating margin9900-€157,733
Operating profit (loss)9901-€165,733
Financial charges65/66B€316
Recurring financial charges65€316
Profit (loss) for the period before taxes9903-€166,049
Profit (loss) for the period9904-€166,049
Profit (loss) for the period to be appropriated9905-€166,049
Line2025
Assets
Total assets20/58€157,356
Fixed assets21/28€63,384
Tangible fixed assets22/27€46,884
Plant, machinery and equipment23€31,917
Furniture and vehicles24€14,967
Financial fixed assets28€16,500
Current assets29/58€93,972
Amounts receivable within one year40/41€49,868
Trade receivables40€28,094
Other amounts receivable41€21,775
Cash at bank and in hand54/58€44,104
Equity and liabilities
Total equity and liabilities10/49€157,356
Equity10/15-€162,049
Contributions10/11€4,000
Profit (loss) carried forward14-€166,049
Amounts payable17/49€319,405
Amounts payable within one year42/48€319,405
Trade debts44€93,276
Suppliers440/4€93,276
Other amounts payable47/48€226,129
Line2025
Profit (loss) for the period9904-€166,049
+ Depreciation and write-downs630€6,298
Operating cash flow (approximation)-€159,752

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 micro format 30-03-2026 2026-00068614

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 20,107 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,742. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.