SIOS GROUP
ActiveSummary
SIOS GROUP has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,170 and a net result of €4,533. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▲+5
Solvency48▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.81 in 2024; short-term debt: 73.1% and cash: 12.9% of total assets), and 77% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
23%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 699 sector peers (2025).
NBB · sector comparisonPosition among 699 sector peers
Solvency
better than 25%
← weakest
strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
48 d early
2023
54 d early
2022
14 d early
2021
40 d early
2020
64 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€100,170▲ 4.7%
2024 · €95,637
Total assets
€436,148▲ 10.1%
2024 · €396,116
Net result
€4,533
2024 · -€4,394
Working capital
-€33,197▲ 35.6%
2024 · -€51,522
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€76,057€34,255▼ 55.0%€20,167▼ 41.1%€27,805▲ 37.9%€30,780▲ 10.7%
Net result€60,399within the sector's middle half€13,872within the sector's middle half▼ 77.0%€11,324within the sector's middle half▼ 18.4%-€4,394within the sector's middle half€4,533within the sector's middle half
Equity€74,835below the sector's middle half▲ 418%€88,707below the sector's middle half▲ 18.5%€100,031below the sector's middle half▲ 12.8%€95,637below the sector's middle half▼ 4.4%€100,170within the sector's middle half▲ 4.7%
Total assets€310,484below the sector's middle half▲ 9.0%€347,030below the sector's middle half▲ 11.8%€314,853below the sector's middle half▼ 9.3%€396,116below the sector's middle half▲ 25.8%€436,148within the sector's middle half▲ 10.1%
Debt€235,649▼ 12.9%€258,324▲ 9.6%€214,822▼ 16.8%€300,479▲ 39.9%€335,977▲ 11.8%
Working capital€11,343below the sector's middle half€2,500below the sector's middle half▼ 78.0%€1,226below the sector's middle half▼ 50.9%-€51,522below the sector's middle half-€33,197below the sector's middle half▲ 35.6%
Solvency24.1%below the sector's middle half▲ 19.0pp25.6%below the sector's middle half▲ 1.5pp31.8%below the sector's middle half▲ 6.2pp24.1%below the sector's middle half▼ 7.6pp23.0%below the sector's middle half▼ 1.2pp
Current ratio1.06below the sector's middle half▲ 0.301.01below the sector's middle half▼ 0.051.01below the sector's middle half=0.81below the sector's middle half▼ 0.190.90below the sector's middle half▲ 0.08
Return on assets (ROA)19.5%above the sector's middle half▲ 28.5pp4.0%within the sector's middle half▼ 15.5pp3.6%within the sector's middle half▼ 0.4pp-1.1%below the sector's middle half▼ 4.7pp1.0%within the sector's middle half▲ 2.1pp
Staff (FTE)7within the sector's middle half▲ 20.7%7.6within the sector's middle half▲ 8.6%7.2within the sector's middle half▼ 5.3%8.2within the sector's middle half▲ 13.9%8.6within the sector's middle half▲ 4.9%
above
within
below
the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €436,148
Fixed assets
€150,614 ▼ 11.5%
Current assets
€285,534 ▲ 26.4%
Equity and liabilities €436,148
Equity
€100,170 ▲ 4.7%
Debt
€335,977 ▲ 11.8%
Debt's share of the balance-sheet total rises from 75.9% to 77.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51,273▲
2024 · €35,244
Cash flow
€25,026▲
2024 · €3,045
Debt to equity
3.35▲
2024 · 3.14
ROE
4.5%▲
2024 · -4.6%
Interest coverage
3.08▲
2024 · 2.83
Debt ≤ 1 year
€318,731▲
2024 · €277,434
Debt > 1 year
€17,229▼
2024 · €23,045
Income taxes
€14,190▲
2024 · €12,663
Staff costs
€589,564▲
2024 · €501,963
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
1.6%
stopped otherwise
97%
still going
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 4,508 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,338 | €2,424 | ▼ 44.1% |
| Remuneration, social security and pensions62 | €382,536 | €429,849 | €451,228 | €501,963 | €589,564 | ▲ 17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,822 | €6,520 | €4,651 | €7,439 | €20,493 | ▲ 175% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €875 | - | - |
| Other operating charges640/8 | €3,798 | €4,163 | €5,105 | €7,841 | €10,695 | ▲ 36.4% |
| Gross operating margin9900 | €468,213 | €474,787 | €481,151 | €545,922 | €651,531 | ▲ 19.3% |
| Operating profit (loss)9901 | €76,057 | €34,255 | €20,167 | €27,805 | €30,780 | ▲ 10.7% |
| Financial income75/76B | €6,161 | €566 | €12,105 | €401 | €4,589 | ▲ 1,043% |
| Recurring financial income75 | €6,161 | €566 | €12,105 | €401 | €4,589 | ▲ 1,043% |
| Financial charges65/66B | €5,809 | €8,547 | €7,742 | €19,937 | €16,645 | ▼ 16.5% |
| Recurring financial charges65 | €5,809 | €8,547 | €7,742 | €12,437 | €16,645 | ▲ 33.8% |
| Non-recurring financial charges66B | - | - | - | €7,500 | - | - |
| Profit (loss) for the period before taxes9903 | €76,409 | €26,274 | €24,529 | €8,269 | €18,723 | ▲ 126% |
| Income taxes67/77 | €16,010 | €12,402 | €13,205 | €12,663 | €14,190 | ▲ 12.1% |
| Profit (loss) for the period9904 | €60,399 | €13,872 | €11,324 | -€4,394 | €4,533 | ▲ 203% |
| Profit (loss) for the period to be appropriated9905 | €60,399 | €13,872 | €11,324 | -€4,394 | €4,533 | ▲ 203% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €310,484 | €347,030 | €314,853 | €396,116 | €436,148 | ▲ 10.1% |
| Fixed assets21/28 | €114,184 | €113,613 | €109,070 | €170,204 | €150,614 | ▼ 11.5% |
| Intangible fixed assets21 | €5,460 | €4,680 | €3,900 | €57,758 | €45,978 | ▼ 20.4% |
| Tangible fixed assets22/27 | €13,476 | €13,685 | €9,922 | €32,198 | €24,388 | ▼ 24.3% |
| Plant, machinery and equipment23 | €1,119 | €786 | - | - | - | - |
| Furniture and vehicles24 | €6,097 | €5,586 | €3,806 | €27,278 | €20,664 | ▼ 24.2% |
| Other tangible fixed assets26 | €6,260 | €7,313 | €6,117 | €4,920 | €3,723 | ▼ 24.3% |
| Financial fixed assets28 | €95,248 | €95,248 | €95,248 | €80,248 | €80,248 | = |
| Current assets29/58 | €196,300 | €233,418 | €205,782 | €225,912 | €285,534 | ▲ 26.4% |
| Amounts receivable within one year40/41 | €117,737 | €169,293 | €126,865 | €149,484 | €200,230 | ▲ 33.9% |
| Trade receivables40 | €117,406 | €159,461 | €120,785 | €132,361 | €167,850 | ▲ 26.8% |
| Other amounts receivable41 | €331 | €9,832 | €6,080 | €17,123 | €32,381 | ▲ 89.1% |
| Cash at bank and in hand54/58 | €74,111 | €58,761 | €58,299 | €66,530 | €56,325 | ▼ 15.3% |
| Deferred charges and accrued income490/1 | €4,452 | €5,363 | €20,618 | €9,897 | €28,978 | ▲ 193% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €310,484 | €347,030 | €314,853 | €396,116 | €436,148 | ▲ 10.1% |
| Equity10/15 | €74,835 | €88,707 | €100,031 | €95,637 | €100,170 | ▲ 4.7% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €52,835 | €66,707 | €78,031 | €73,637 | €78,170 | ▲ 6.2% |
| Amounts payable17/49 | €235,649 | €258,324 | €214,822 | €300,479 | €335,977 | ▲ 11.8% |
| Amounts payable after more than one year17 | €50,692 | €18,041 | €5,509 | €23,045 | €17,229 | ▼ 25.2% |
| Financial debts170/4 | €50,692 | €18,041 | €5,509 | €23,045 | €17,229 | ▼ 25.2% |
| Amounts payable within one year42/48 | €184,958 | €230,917 | €204,556 | €277,434 | €318,731 | ▲ 14.9% |
| Current portion of amounts payable after more than one year42 | €12,118 | €12,651 | €12,532 | €11,100 | €7,219 | ▼ 35.0% |
| Financial debts43 | €25,000 | €15,000 | €5,000 | €65,000 | €55,000 | ▼ 15.4% |
| Credit institutions430/8 | €25,000 | €15,000 | €5,000 | €65,000 | €55,000 | ▼ 15.4% |
| Trade debts44 | €65,029 | €151,126 | €112,810 | €128,511 | €151,235 | ▲ 17.7% |
| Suppliers440/4 | €65,029 | €151,126 | €112,810 | €128,511 | €151,235 | ▲ 17.7% |
| Taxes, remuneration and social security45 | €78,112 | €40,541 | €68,829 | €68,878 | €101,332 | ▲ 47.1% |
| Taxes450/3 | €34,077 | - | €21,574 | €14,025 | €34,138 | ▲ 143% |
| Remuneration and social security454/9 | €44,035 | €40,541 | €47,254 | €54,853 | €67,194 | ▲ 22.5% |
| Other amounts payable47/48 | €4,699 | €11,599 | €5,385 | €3,945 | €3,945 | = |
| Accrued charges and deferred income492/3 | - | €9,366 | €4,757 | - | €18 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,399 | €13,872 | €11,324 | -€4,394 | €4,533 | ▲ 203% |
| + Depreciation and write-downs630 | €5,822 | €6,520 | €4,651 | €7,439 | €20,493 | ▲ 175% |
| Operating cash flow (approximation) | €66,221 | €20,393 | €15,976 | €3,045 | €25,026 | ▲ 722% |
| Investment in fixed assets (approximation) | - | -€5,950 | -€109 | -€68,573 | -€902 | ▲ 98.7% |
| Change in cash | - | -€15,350 | -€462 | €8,231 | -€10,205 | ▼ 224% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €4,533
Net result €4,533 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €100,170 ▲4.7%
Equity rises from €95,637 to €100,170.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100,000Eq €100,031 ▲12.8%
3 profitable years in a row build equity to €100,031.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €60,399
Net result €60,399 after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€25,692
Net result drops to -€25,692, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Back to profitnet €18,753
Net result €18,753 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2012
Ground area
2,561 m²
Building footprint
1,242 m²
Volume, LiDAR
8,450 m³
Parcel 44017D0816/00G000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Booiebos 24, 9031 Gent
since 20122.206.142.561
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0816/00G000 | Flanders | 2,561 m² | 1 · 1,242 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 owners · 1 holdingOwners 2
- Sourceaccounts NOVINI 202450%
- Sourceaccounts TREVCO 202550%
Holdings 1
-
80%
According to the 2025 annual accounts of SIOS GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 492 EUR awarded · 243 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 193 EUR | 0 EUR |
| 2023 | 1 | 299 EUR | 243 EUR |
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
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Of 11,660 companies in this sector we hold annual accounts for 1,328. 1,024 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded23-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
85599Other education
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0843078864
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.