SIOEN FABRICS
ActiveSIOEN FABRICS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.93M and a net result of €3.80M. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 36% of 39 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-2
Solvency67▲+2
Growth43▲+2
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €480k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.2 in 2024; short-term debt: 55.2% and cash: 1.9% of total assets), and 58% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
42%
Return on assets
23.1%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← fewer bankruptcies
more bankruptcies →
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
66 d early
2023
64 d early
2022
62 d early
2021
47 d early
2020
61 d early
2019
43 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€45.50M▲ 2.0%
2024 · €44.59M
2021: €50.68M
2022: €51.52M
2023: €45.78M
2024: €44.59M
2021 → 2025
EBIT margin
11.6%▼ 1.2pp
2024 · 12.7%
2021: 11.2%
2022: 10.9%
2023: 12.3%
2024: 12.7%
2021 → 2025
Net result
€3.80M▼ 10.4%
2024 · €4.25M
2021: €4.33M
2022: €4.13M
2023: €4.11M
2024: €4.25M
2021 → 2025
Working capital
€1.94M▼ 6.0%
2024 · €2.06M
2021: €73k
2022: €762k
2023: €1.51M
2024: €2.06M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€50.68M-€51.52M▲ 1.7%€45.78M▼ 11.1%€44.59M▼ 2.6%€45.50M▲ 2.0%
Equity€6.69M-€6.83M▲ 2.1%€6.92M▲ 1.2%€7.14M▲ 3.3%€6.93M▼ 2.9%
Operating result€5.65M-€5.63M▼ 0.4%€5.64M▲ 0.2%€5.68M▲ 0.8%€5.26M▼ 7.4%
Net result€4.33M-€4.13M▼ 4.5%€4.11M▼ 0.5%€4.25M▲ 3.3%€3.80M▼ 10.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.50M
Fixed assets
€5.45M▼ 1.2%
Current assets
€11.05M▼ 9.7%
Equity and liabilities €16.50M
Equity
€6.93M▼ 2.9%
Provisions
€56k▲ 222%
Debt
€9.51M▼ 10.2%
The debt ratio falls from 59.7% to 57.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6.10M▼
2024 · €6.62M
Cash flow
€4.64M▼
2024 · €5.19M
Solvency
42.0%▲
2024 · 40.2%
Current ratio
1.21▲
2024 · 1.20
Quick ratio
0.76▲
2024 · 0.72
Debt / equity
1.37▼
2024 · 1.48
ROE
54.9%▼
2024 · 59.4%
ROA
23.1%▼
2024 · 23.9%
Interest coverage
230.39▲
2024 · 116.14
Debt
€9.51M▼
2024 · €10.59M
Debt ≤ 1 year
€9.11M▼
2024 · €10.17M
Debt > 1 year
€15k=
2024 · €15k
Income taxes
€1.30M▼
2024 · €1.46M
Staff costs
€6.48M▲
2024 · €6.12M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17.75M€16.50M▼
Fixed assets21/28€5.52M€5.45M▼
Intangible fixed assets21€398-
Tangible fixed assets22/27€5.52M€5.45M▼
Land and buildings22€2.57M€2.44M▼
Plant, machinery and equipment23€2.72M€2.86M▲
Furniture and vehicles24€111k€73k▼
Leasing and similar rights25€116k€83k▼
Other tangible fixed assets26€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€25€25=
Affiliated companies280/1€25€25=
Participating interests280€25€25=
Amounts receivable281€0-
Companies linked by participating interests282/3€0-
Participating interests282€0-
Amounts receivable283€0-
Other financial fixed assets284/8€0-
Shares284€0-
Amounts receivable and cash guarantees285/8€0-
Current assets29/58€12.23M€11.05M▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€4.88M€4.09M▼
Stocks30/36€4.88M€4.09M▼
Raw materials and consumables30/31€1.72M€1.60M▼
Finished goods33€3.16M€2.49M▼
Amounts receivable within one year40/41€6.82M€6.64M▼
Trade receivables40€3.89M€4.34M▲
Other amounts receivable41€2.93M€2.30M▼
Cash at bank and in hand54/58€503k€313k▼
Deferred charges and accrued income490/1€30k€10k▼
Equity and liabilities
Total equity and liabilities10/49€17.75M€16.50M▼
Equity10/15€7.14M€6.93M▼
Contributions10/11€5.74M€5.74M=
Capital10€5.74M€5.74M=
Issued capital100€5.74M€5.74M=
Reserves13€575k€575k=
Non-distributable reserves130/1€574k€574k=
Legal reserve130€574k€574k=
Tax-exempt reserves132€552€552=
Profit (loss) carried forward14€811k€615k▼
Investment grants15€14k€975▼
Provisions and deferred taxes16€17k€56k▲
Provisions for liabilities and charges160/5€17k€56k▲
Pensions and similar obligations160€17k€18k▲
Other liabilities and charges164/5-€39k
Amounts payable17/49€10.59M€9.51M▼
Amounts payable after more than one year17€15k€15k=
Other amounts payable178/9€15k€15k=
Amounts payable within one year42/48€10.17M€9.11M▼
Current portion of amounts payable after more than one year42€0€0▼
Financial debts43-€136
Credit institutions430/8-€136
Trade debts44€4.80M€3.72M▼
Suppliers440/4€4.80M€3.72M▼
Taxes, remuneration and social security45€1.28M€1.32M▲
Taxes450/3€152k€156k▲
Remuneration and social security454/9€1.13M€1.17M▲
Other amounts payable47/48€4.09M€4.07M▼
Accrued charges and deferred income492/3€403k€386k▼
Income statement
Code20242025
Operating income70/76A€45.13M€45.10M▼
Turnover70€44.59M€45.50M▲
Change in stocks of work in progress, finished goods and contracts in progress71€241k€-715k▼
Other operating income74€295k€318k▲
Operating charges60/66A€39.45M€39.85M▲
Goods for resale, raw materials and consumables60€24.66M€24.12M▼
Purchases600/8€24.79M€24.00M▼
Change in stocks: decrease (increase)609€-125k€122k▲
Services and other goods61€7.26M€7.88M▲
Remuneration, social security and pensions62€6.12M€6.48M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€943k€839k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€26k€-50k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€73€39k▲
Other operating charges640/8€431k€532k▲
Operating profit (loss)9901€5.68M€5.26M▼
Financial income75/76B€222k€117k▼
Recurring financial income75€222k€117k▼
Income from current assets751€63k€21k▼
Other financial income752/9€159k€96k▼
Financial charges65/66B€200k€269k▲
Recurring financial charges65€200k€269k▲
Debt charges650€57k€26k▼
Other financial charges652/9€143k€243k▲
Profit (loss) for the period before taxes9903€5.70M€5.11M▼
Income taxes67/77€1.46M€1.30M▼
Taxes670/3€1.46M€1.31M▼
Tax adjustments and reversals of tax provisions77€1k€4k▲
Profit (loss) for the period9904€4.25M€3.80M▼
Profit (loss) for the period to be appropriated9905€4.25M€3.80M▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.81M€4.62M▼
Profit (loss) brought forward from the previous period14P€566k€811k▲
Profit to be distributed694/7€4.00M€4.00M=
Return on contributions (dividend)694€4.00M€4.00M=
Social balance
Average headcount (FTE)9087119.4119.4=
The notes to these accounts (69 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €3.80M ▼10.4%
Net result drops to €3.80M, the lowest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 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, Mouscron · 2 establishment units since 1996
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.
Urbinolaan(L) 67700 MouscronGround area
6.9 ha
Building footprint
2.1 ha
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Urbinolaan(L) 6, 7700 Mouscron
since 19962.079.174.214
Sioen Fabrics Calendering
since 20072.164.998.428
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54432C0941/00A000 | Wallonia | 6.5 ha | 1 · 2.1 ha | - |
| 54004L0774/00M000indicative | Wallonia | 4,096 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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
Van Heurck
BE 0415.031.326
Lier · Eq €6.62M
Sarco
BE 0415.874.929
Temse · Eq €8.72M
Belconfect
BE 0423.103.508
Mouscron · Eq €5.21M
Alsico
BE 0400.191.316
Ronse · Eq €15.37M
TOTAL SAFETY SUPPLY BELGIUM
BE 0862.635.153
Brasschaat · Eq €3.12M
Of 51 companies in sector 14230 we hold annual accounts for 32. 14 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-09-1996
Fiscal year end31-12
Activities, NACEBEL
13300Finishing of textiles
14230Manufacture of wearing apparel
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.