Overdue debts
€12,909 on 31-12-2025
The annual accounts state €12,909 of overdue social security (RSZ) debts on 31-12-2025.
SILOO
Lifetime
12 annual accounts with figures on one time axispeak €2.0m (2023)
-not published
lowest -€178,355 (2025)
-€178,355▼ €780,375
peak €2.5m (2024)
€2.3m▼ 7.2%
€9.6m▲ 16.3%
peak 20.5 FTE (2025)
20.5 FTE▲ 15.2%
Board5 names since 2022
2 directors3S BV and 1 other
Owners3 names in the annual accounts
50%3S and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Loss of €178,355Staff from 17.8 FTE to 20.5 FTERegistered office moved from Kortrijk to Boezinge 25-04Debts from €8.2m to €9.6mCash from €453,191 to €71,295
Key points
from the 2025 annual accountsResult
-€178,355 -€178,355
From profit to loss in 2025, after a profit of €602,020 in 2024.
Debts
€9.6m 81% of the balance sheet
Financial debts 67%Suppliers 25%Taxes and wages 2%Other 5%
€3.0m of the debts are secured on the company's own assets. In 2021 that was €71,172.
Staff
25 employees on 31-12-2025
In 2025, 8 people joined and 3 left.
Filings
12 annual accounts since 2014
Five of the last ten came late. The 2019 accounts came latest: 62 days after the end of the period.
Position in the sector
-€178,355
Lower net result than 90% of companies in wholesale trade. Sector median €110,308 · 6,122 companies.
Checked score
51
Fair
Financially stronger than 30% of small companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,375 companies (NACE 46, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.7%▲ +0.4 percentage points vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.4%▲ +0.6 percentage points vs 07-2025
09-2025: 0.7%▼ -0.7 percentage points vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.6%▼ -0.1 percentage points vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%▲ +0.2 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.2 percentage points vs 06-2026
08-2026: 1.7%▲ +0.6 percentage points vs 07-2026
09-2026: 2.4%▲ +0.7 percentage points vs 08-2026highest value
10-2026: 2.4%● unchanged vs 09-2026highest value
11-2026: 2.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.33, cash €71,295, halved
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 31-08-2026)
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, small). It does better than 22% of them on solvency, 26% on liquidity, 22% on profitability and 48% on growth.
The bankruptcy probability was computed on 06-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 1,423 companies had the same profile as SILOO has now. Each dot stands for 4 companies, two years later.
96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SILOO itself is higher: 2.4% within 12 months. It rests on far more data about SILOO than the profile alone.
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 1,423 companies, not a prediction for SILOO. 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 €110,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.33 (1.54 in 2024), below the usual 1.5. Short-term debt is 46.7% and cash 0.6% of total assets. 80.6% 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
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6189 sector peers (2025).
NBB · sector comparisonPosition among 6189 sector peers
Solvency
better than 21%
← weakest
strongest →
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 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
2022
23 days late
2021
52 days early
2020
60 days early
2019
62 days late
← 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 9 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- 3S 50%equity €1.7m (2025) · 2025 annual accounts of 3S
- PLASTIHOLD 50%score 69equity €323,359 (2025) · 30-06-2025 annual accounts of PLASTIHOLD
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0560963074
Registered office moved from Kortrijk to Boezinge
New registered office: Bargiestraat 32, 8904 Boezinge · Previous registered office: Engelse Wandeling 3, 8500 Kortrijk · Board meeting of 02-04-2025 · Gazette deed
1 director appointed, 1 resignation
Resignation: Plastinox · Permanent representative: Michiel VRIELINCK · Appointment: PLASTIHOLD · General meeting of 10-10-2024 · Gazette deed
Demerger: BABYLON splits off to PLASTINOX
Company renamed from PLASTINOX to SILOO · Capital increase of €14,029.69 to €68,962.64 · Capital from €54,932.95 to €68,962.64, 1,351 new shares · General meeting of 23-12-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SILOO Ypres | €13.0m | 1.6% | 19.4% | 20.5 |
| Le Creuset Belgium Antwerp | €10.5m | 5.4% | 35.5% | 33.7 |
| B.S.D. Trade Mechelen | - | - | 26.1% | - |
| Bibo Brands Hasselt | - | - | 34.7% | 8.9 |
| MERCHERY Ixelles | - | - | 20.2% | 28.7 |
| Paco Meubelen Pelt | - | - | 30.4% | 11.8 |
| WELLSTRALER Aalst | - | - | 90.3% | 30.5 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SILOO: wholesale of non-electrical household articles (NACE 46494). They are comparable in size and age: total assets between €3.5m and €9.5m, founded between 2006 and 2018.
Official details
Source: KBO- Status
- Active since 28-07-2014Normal situation
- Activity
- Wholesale of non-electrical household articlesNACE 46494and 4 others
- Joint committees
- 116Chemical industry
- 207White-collar workers in the chemical industry
- 201Independent retail · annual accounts 2025and 2 others
- Establishment units
- 2.234.912.4648904 Ypres, since 28-07-2014
- 2.234.912.5638300 Knokke-Heist, since 28-07-2014and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2025
Annual accounts 2025
- €11.9m▲ 10.9%
- Employeeson 31-12-2025
- 25▲ 25.0%
- Filing
- Filed on 31-08-2026
Insights on SILOO
The computed 12-month bankruptcy probability of SILOO is 2.4% (moderate). The 2025 annual accounts show equity of €2.3m and a net result of -€178,355.
Equity grew by about 11% per year on average since 2018. In 2025 it fell by 7.2%. Its solvency ranks better than 21% of 6,189 sector peers (NACE 46, financial year 2025).
The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
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 SILOO
- What is the company number of SILOO?
- The company number of SILOO is 0560.963.074. The VAT number is the same number with BE in front: BE 0560.963.074.
- Where is SILOO based?
- The registered office is at Bargiestraat 32, 8904 Ypres.Company details
- What does SILOO do?
- According to the KBO register, the main activity is wholesale of non-electrical household articles (NACE 46494).
- What is the legal form of SILOO?
- SILOO is a private limited company (BV).
- When was SILOO founded?
- SILOO was founded on 28-07-2014.
- Is SILOO still active?
- Yes, SILOO is an active enterprise in the KBO register.
- How many employees does SILOO have?
- SILOO had an average of 20.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SILOO fall under?
- In its 2025 annual accounts, SILOO states joint committees 116 (Chemical industry), 207 (White-collar workers in the chemical industry), 201 (Independent retail), 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of SILOO?
- The turnover of SILOO was €13.0m in financial year 2025, according to the filed annual accounts.
- Is SILOO profitable?
- In financial year 2025, SILOO made a loss of €178,355.
- Where can I find the annual accounts of SILOO?
- SILOO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SILOO due?
- SILOO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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