SIO SOLUTIONS

Active

Private limited companyfounded 20215 yrs active't Kintstraat 56, 1745 Opwijk, BelgiumKBO/BCE: BE 0763.994.764

The computed 12-month bankruptcy probability of SIO SOLUTIONS is 2.2% (moderate). The 2024 annual accounts show equity of €22k and a net result of €14k. Equity is growing by ~160.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 9981 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+17

Solvency89▼-5

Growth78=

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity ample (current ratio 2.64 against 2.28 in 2023; short-term debt: 35.6% and cash: 43.3% of total assets), and 35.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

64.4%

Return on assets

41.9%

Age of the figures

21 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2026, 399 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

399 d late

2023

21 d late

2022

52 d late

2021

79 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€22k▲ 187%

2023 · €8k

2021: €1k 2022: €6k 2023: €8k

2021 → 2024

Total assets

€34k▲ 206%

2023 · €11k

2021: €4k 2022: €14k 2023: €11k

2021 → 2024

Net result

€14k▲ 1,002%

2023 · €1k

2021: €-820 2022: €5k 2023: €1k

2021 → 2024

Working capital

€20k▲ 349%

2023 · €4k

2021: €-275 2022: €6k 2023: €4k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€1k-€6k▲ 444%€8k▲ 20.4%€22k▲ 187%

Operating result€-820-€6k€2k▼ 71.3%€21k▲ 1,027%

Net result€-820-€5k€1k▼ 75.0%€14k▲ 1,002%

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 1,027% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €34k

94.1%

Fixed assets €2k▼ 37.1%

Current assets €32k▲ 305%

Equity and liabilities €34k

64.4%

35.6%

Equity €22k▲ 187%

Debt €12k▲ 250%

The debt ratio rises from 31.2% to 35.6%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€22k▲

2023 · €3k

Cash flow

€16k▲

2023 · €2k

Solvency

64.4%▼

2023 · 68.8%

Current ratio

2.64▲

2023 · 2.28

Quick ratio

2.53▲

2023 · 2.28

Debt / equity

0.55▲

2023 · 0.45

ROE

65.1%▲

2023 · 16.9%

ROA

41.9%▲

2023 · 11.7%

Interest coverage

76.22▲

2023 · 17.54

Debt

€12k▲

2023 · €4k

Debt ≤ 1 year

€12k▲

2023 · €4k

Income taxes

€6k▲

2023 · €365

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€11k€34k▲

Fixed assets21/28€3k€2k▼

Tangible fixed assets22/27€3k€2k▼

Furniture and vehicles24€3k€2k▼

Other tangible fixed assets26€727€364▼

Current assets29/58€8k€32k▲

Stocks and contracts in progress3-€1k

Stocks30/36-€1k

Amounts receivable within one year40/41€6k€16k▲

Trade receivables40€6k€15k▲

Other amounts receivable41€848€1k▲

Cash at bank and in hand54/58€2k€15k▲

Equity and liabilities

Total equity and liabilities10/49€11k€34k▲

Equity10/15€8k€22k▲

Contributions10/11€2k€2k=

Profit (loss) carried forward14€6k€20k▲

Amounts payable17/49€4k€12k▲

Amounts payable within one year42/48€4k€12k▲

Trade debts44€2k€3k▲

Suppliers440/4€2k€3k▲

Taxes, remuneration and social security45€2k€6k▲

Taxes450/3€2k€6k▲

Other amounts payable47/48-€3k

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€832€1k▲

Other operating charges640/8€500€63▼

Gross operating margin9900€3k€22k▲

Operating profit (loss)9901€2k€21k▲

Financial income75/76B-€0

Recurring financial income75-€0

Financial charges65/66B€152€286▲

Recurring financial charges65€152€286▲

Profit (loss) for the period before taxes9903€2k€20k▲

Income taxes67/77€365€6k▲

Profit (loss) for the period9904€1k€14k▲

Profit (loss) for the period to be appropriated9905€1k€14k▲

Appropriation of the result

Profit (loss) to be appropriated9906€6k€20k▲

Profit (loss) brought forward from the previous period14P€4k€6k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2026

03-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 399 days late

2024

31-12

Financial Highest result since 2021net €14k ▲1002%

Operating result €21k, net result €14k, both a record.

21-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 21 days late

2023

21-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 52 days late

2022

31-12

Financial Back to profitnet €5k

Net result €5k after one loss-making year.

31-12

Financial Liquidity triplescurrent ratio 2.29

Current ratio from 0.90 to 2.29.

13-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Opwijk · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

't Kintstraat 561745 Opwijk

Ground area

669 m²

Building footprint

189 m²

Volume, LiDAR

978 m³

Parcel 23752G0208/00C000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

SIO SOLUTIONS

't Kintstraat 56, 1745 OpwijkGeneral construction of buildings

since 20212.314.969.534

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23752G0208/00C000	Flanders	669 m²	1 · 189 m²	8.9 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

ROMAIN JORTAY RENOVATION

Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 11,788 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-02-2021

Fiscal year end31-12

Activities, NACEBEL

41001General construction of residential buildings

47400Retail sale of information and communication equipment

47410Retail trade

62900Other information technology and computer services

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.