SIP & CO
Dissolution or liquidationThe KBO register records for SIP & CO the legal situation: dissolution or liquidation (code 013); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €34k and a net result of €5k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
71 d late
2022
32 d late
2021
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€951k▲ 112%
2021 · €449k
2021: €449k
2021 → 2022
EBIT margin
7.0%▲ 1.3pp
2021 · 5.7%
2021: 5.7%
2021 → 2022
Net result
€5k
2023 · €-44k
2021: €19k
2022: €52k
2023: €-44k
2021 → 2024
Working capital
€9k▲ 168%
2023 · €3k
2021: €21k
2022: €51k
2023: €3k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€449k-€951k▲ 112%
Equity€21k-€73k▲ 248%€29k▼ 60.7%€34k▲ 18.5%
Operating result€26k-€67k▲ 159%€-43k€14k
Net result€19k-€52k▲ 170%€-44k€5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €14k after a loss of €43k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144k
Fixed assets
€25k▼ 0.8%
Current assets
€119k▲ 29.4%
Equity and liabilities €144k
Equity
€34k▲ 18.5%
Debt
€110k▲ 24.3%
The debt ratio rises from 75.7% to 76.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▲
2023 · €-23k
Cash flow
€16k▲
2023 · €-23k
Solvency
23.5%▼
2023 · 24.3%
Current ratio
1.08▲
2023 · 1.04
Quick ratio
1.08▲
2023 · 1.04
Debt / equity
3.26▲
2023 · 3.11
ROE
15.6%▲
2023 · -154.4%
ROA
3.7%▲
2023 · -37.6%
Interest coverage
4.91▲
2023 · -53.57
Debt
€110k▲
2023 · €89k
Debt ≤ 1 year
€110k▲
2023 · €89k
Income taxes
€6k▲
2023 · €123
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€117k€144k▲
Fixed assets21/28€25k€25k▼
Tangible fixed assets22/27€24k€24k▼
Plant, machinery and equipment23€11k€7k▼
Furniture and vehicles24€13k€17k▲
Financial fixed assets28€1k€1k=
Current assets29/58€92k€119k▲
Amounts receivable within one year40/41€66k€114k▲
Trade receivables40€58k€34k▼
Other amounts receivable41€8k€80k▲
Cash at bank and in hand54/58€25k€0▼
Deferred charges and accrued income490/1€747€5k▲
Equity and liabilities
Total equity and liabilities10/49€117k€144k▲
Equity10/15€29k€34k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€27k€32k▲
Amounts payable17/49€89k€110k▲
Amounts payable within one year42/48€89k€110k▲
Current portion of amounts payable after more than one year42-€9k
Financial debts43-€66k
Credit institutions430/8-€66k
Trade debts44€54k€33k▼
Suppliers440/4€54k€33k▼
Taxes, remuneration and social security45€975€0▼
Taxes450/3€975€0▼
Other amounts payable47/48€34k€2k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€3k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€10k▼
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€-19k€27k▲
Operating profit (loss)9901€-43k€14k▲
Financial income75/76B€1€2k▲
Recurring financial income75€1€2k▲
Financial charges65/66B€428€5k▲
Recurring financial charges65€428€5k▲
Profit (loss) for the period before taxes9903€-44k€12k▲
Income taxes67/77€123€6k▲
Profit (loss) for the period9904€-44k€5k▲
Profit (loss) for the period to be appropriated9905€-44k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€32k▲
Profit (loss) brought forward from the previous period14P€71k€27k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
31-12
Financial
Weakest financial yearnet €-44k ▼185%
Net result drops to €-44k, the lowest in the series.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Highest result since 2021net €52k ▲170%
Operating result €67k, net result €52k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
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, Wemmel · 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.
Koningin Astridlaan 59 A1780 WemmelGround area
7,351 m²
Building footprint
2,415 m²
Volume, LiDAR
25,455 m³
2 parcels, Brussels, Flanders · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SIP & CO
since 20212.313.354.087
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0407/00D011indicative | Flanders | 6,201 m² | 1 · 1,886 m² | 15.3 m · 3 fl. |
| 21819D0058/04B000 | Brussels | 1,150 m² | 1 · 530 m² | 16.7 m · 4 fl. |
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.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,609 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.