SION
ActiveThe computed 12-month bankruptcy probability of SION is 4.3% (elevated). The 2024 annual accounts show equity of €8k and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 18939 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+62
Solvency32▲+19
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.0 against 0.74 in 2023; short-term debt: 92.7% and cash: 19.4% of total assets), and 92.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
7.3%
Return on assets
17.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
121 d late
2022
32 d late
2021
152 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€8k
2023 · €-10k
2021: €18k
2022: €-3k
2023: €-10k
2021 → 2024
Total assets
€116k▲ 40.4%
2023 · €83k
2021: €62k
2022: €55k
2023: €83k
2021 → 2024
Net result
€20k
2023 · €-9k
2021: €17k
2022: €-7k
2023: €-9k
2021 → 2024
Working capital
€412
2023 · €-24k
2021: €-1k
2022: €-24k
2023: €-24k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€18k-€-3k€-10k▼ 292%€8k
Operating result€23k-€-4k€-7k▼ 76.5%€35k
Net result€17k-€-7k€-9k▼ 31.8%€20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €35k after a loss of €7k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €116k
Fixed assets
€8k▼ 44.3%
Current assets
€108k▲ 58.3%
Equity and liabilities €116k
Equity
€8k
Debt
€108k
Debt finances 92.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€42k▲
2023 · €-37
Cash flow
€27k▲
2023 · €-2k
Solvency
7.3%▲
2023 · -12.4%
Current ratio
1.00▲
2023 · 0.74
Quick ratio
1.00▲
2023 · 0.74
Debt / equity
12.78▲
2023 · -9.06
ROE
235.3%
ROA
17.1%▲
2023 · -10.6%
Interest coverage
3.22▲
2023 · -0.02
Debt
€108k▲
2023 · €93k
Debt ≤ 1 year
€108k▲
2023 · €92k
Income taxes
€2k
Staff costs
€51k▲
2023 · €45k
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€83k€116k▲
Fixed assets21/28€14k€8k▼
Intangible fixed assets21€11k€6k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23-€704
Furniture and vehicles24€3k€852▼
Current assets29/58€68k€108k▲
Amounts receivable within one year40/41€39k€86k▲
Other amounts receivable41€39k€86k▲
Cash at bank and in hand54/58€23k€23k▼
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€83k€116k▲
Equity10/15€-10k€8k▲
Contributions10/11€3k€2k▼
Reserves13-€5k
Distributable reserves133-€5k
Profit (loss) carried forward14€-13k€2k▲
Amounts payable17/49€93k€108k▲
Amounts payable within one year42/48€92k€108k▲
Trade debts44€76k€76k▲
Suppliers440/4€76k€76k▲
Taxes, remuneration and social security45€16k€32k▲
Taxes450/3€10k€13k▲
Remuneration and social security454/9€6k€18k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€45k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€14k€4k▼
Gross operating margin9900€59k€97k▲
Operating profit (loss)9901€-7k€35k▲
Financial income75/76B€31-
Recurring financial income75€31-
Financial charges65/66B€2k€13k▲
Recurring financial charges65€2k€13k▲
Profit (loss) for the period before taxes9903€-9k€22k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-9k€20k▲
Profit (loss) for the period to be appropriated9905€-9k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€7k▲
Profit (loss) brought forward from the previous period14P€-4k€-13k▼
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zaventem · 1 establishment unit since 2021
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.
Leuvensesteenweg 2461932 ZaventemGround area
667 m²
Building footprint
309 m²
Volume, LiDAR
3,095 m³
2 parcels, Flanders, Wallonia · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IL VALENTINO
since 20212.316.397.117
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
| 62803A1225/00L000 | Wallonia | 205 m² | 1 · 116 m² | 15.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.316.397.117
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 6,527 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56301Cafés and bars
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.
Contact details
1 entryPhone:0485726658