SIP Oils and Fluids
The computed 12-month bankruptcy probability of SIP Oils and Fluids is 1.8% (moderate). The 2024 annual accounts show equity of €11k and a net result of €14. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 51% of 3380 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €11k |
| Net result | €14 |
| Better than sector | 51% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.8% | 25.2% | |
| Net result | €14 | €4k | |
| Equity | €11k | €22k | |
| Gross operating margin | €290 | €19k | |
| Total assets | €40k | €105k |
Show 6 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €14 |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €5 |
| Dividends | - |
| Total assets | €40k |
| Equity | €11k |
| Debt | €29k |
| of which ≤ 1y | €5 |
| of which > 1y | €29k |
| Working capital | €40k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 7716.30 |
| Quick ratio | 7716.30 |
| Working capital ratio | 100.0% |
| Solvency | 26.8% |
| Debt / equity | 2.73 |
| Long-term debt ratio | 2.73 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.0% |
| ROE | 0.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €40k |
| Current assets | 29/58 | €40k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €16k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €40k |
| Equity | 10/15 | €11k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €726 |
| Amounts payable | 17/49 | €29k |
| Amounts payable after one year | 17 | €29k |
| Amounts payable within one year | 42/48 | €5 |
| Income statement | ||
| Gross operating margin | 9900 | €290 |
| Operating result | 9901 | €172 |
| Financial charges | 65 | €153 |
| Result before taxes | 9903 | €19 |
| Income taxes | 67/77 | €5 |
| Net result for the period | 9904 | €14 |
| Result to be appropriated | 9905 | €14 |
Former directors (2)
-
Stephen John SpencerDirectorState Gazette act 23029248 (28-02-2023)Former- → 31-12-2022
-
Tobias TascheDirectorState Gazette act 23029248 (28-02-2023)Former- → 09-12-2022
| NACE primary | Groothandel in spijsoliën en -vetten(46332) |
| Legal form | Private limited company(610) |
| Incorporation | 09-06-2021 |
| Status | Active |
| Postal code | 1770 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0613/00V000 | Flanders | 1,143 m² | 1 · 641 m² | 14.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-06-2023 Registered office moved from Mechelen to Liedekerke
- Liersesteenweg 400, 2800 Mechelen → Muilenstraat 1 bus 2, 1770 Liedekerke
Technical details
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}28-02-2023 2 resigning
- Stephen John Spencer, Bestuurder
- Tobias Tasche, Bestuurder
Technical details
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}| Legal nameNL | SIP Oils and Fluids |