SIRA
ActiveSIRA has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €222k and a net result of €13k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
83
/ 100
Excellent▼ -1 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability34▼-62
Solvency78▲+47
Growth68▲+33
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.22 in 2023), and 40.8% 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.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
155 d late
2022
491 d late
2021
676 d late
2020
64 d early
2019
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€554k▲ 363%
2023 · €120k
2022: €237k
2023: €120k
2022 → 2024
EBIT margin
1.7%▼ 16.3pp
2023 · 18.1%
2022: 2.8%
2023: 18.1%
2022 → 2024
Net result
€13k▼ 12.1%
2023 · €15k
2018: €15k
2019: €13k
2020: €6k
2021: €9k
2022: €3k
2023: €15k
2018 → 2024
Working capital
€14k▼ 73.4%
2023 · €52k
2018: €14k
2019: €26k
2021: €29k
2022: €35k
2023: €52k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€237k€120k▼ 49.6%€554k▲ 363%
Equity€33k-€41k▲ 26.7%€44k▲ 7.5%€60k▲ 34.4%€222k▲ 272%
Operating result€7k-€9k▲ 37.1%€7k▼ 25.3%€22k▲ 222%€10k▼ 56.0%
Net result€6k-€9k▲ 37.7%€3k▼ 64.6%€15k▲ 395%€13k▼ 12.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 56% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €375k
Fixed assets
€208k▲ 2,720%
Current assets
€167k▼ 41.4%
Equity and liabilities €375k
Equity
€222k▲ 272%
Debt
€153k▼ 34.2%
The debt ratio falls from 79.6% to 40.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€40k▲
2023 · €24k
Cash flow
€44k▲
2023 · €18k
Solvency
59.2%▲
2023 · 20.4%
Current ratio
1.09▼
2023 · 1.22
Quick ratio
1.05▼
2023 · 1.19
Debt / equity
0.69▼
2023 · 3.90
ROE
6.0%▼
2023 · 25.6%
ROA
3.6%▼
2023 · 5.2%
Interest coverage
65.84▲
2023 · 30.55
Debt
€153k▼
2023 · €232k
Debt ≤ 1 year
€153k▼
2023 · €232k
Income taxes
€0▼
2023 · €6k
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€292k€375k▲
Formation expenses20€0-
Fixed assets21/28€7k€208k▲
Intangible fixed assets21-€44k
Tangible fixed assets22/27€7k€164k▲
Land and buildings22-€149k
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€0€10k▲
Leasing and similar rights25€0-
Other tangible fixed assets26€4k€3k▼
Assets under construction and advance payments27€0-
Current assets29/58€285k€167k▼
Stocks and contracts in progress3€7k€7k=
Stocks30/36€7k€7k=
Amounts receivable within one year40/41€277k€160k▼
Trade receivables40€277k€83k▼
Other amounts receivable41€70€77k▲
Cash at bank and in hand54/58€64€9▼
Deferred charges and accrued income490/1€303€0▼
Equity and liabilities
Total equity and liabilities10/49€292k€375k▲
Equity10/15€60k€222k▲
Contributions10/11€25k€25k=
Outside capital11-€25k
Other1109/19-€25k
Revaluation surpluses12-€149k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311-€2k
Other1319€2k-
Profit (loss) carried forward14€32k€46k▲
Amounts payable17/49€232k€153k▼
Amounts payable within one year42/48€232k€153k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€127k€126k▼
Suppliers440/4€127k€126k▼
Advances received on contracts in progress46€40k€0▼
Taxes, remuneration and social security45€13k€17k▲
Taxes450/3€13k€17k▲
Other amounts payable47/48€52k€10k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Turnover70€120k€554k▲
Non-recurring operating income76A€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€31k▲
Other operating charges640/8€0€72k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€24k€112k▲
Operating profit (loss)9901€22k€10k▼
Financial income75/76B€0€5k▲
Recurring financial income75€0€5k▲
Non-recurring financial income76B€0-
Financial charges65/66B€781€611▼
Recurring financial charges65€781€611▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€21k€13k▼
Income taxes67/77€6k€0▼
Profit (loss) for the period9904€15k€13k▼
Profit (loss) for the period to be appropriated9905€15k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€46k▲
Profit (loss) brought forward from the previous period14P€17k€32k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 155 days late
2024
31-12
Financial
Equity above €200kEq €222k ▲272%
7 profitable years in a row build equity to €222k.
03-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 491 days late
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 676 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼64.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 24.53
Current ratio from 8.54 to 24.53; short-term debt falls from €2k to €1k.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Schaarbeek · 1 establishment unit since 2024
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.
Fernand Séverinstraat 21030 SchaarbeekGround area
78 m²
Building footprint
60 m²
Volume, LiDAR
936 m³
Parcel 21015A0178/02P003, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SIRA
since 20242.366.210.377
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0178/02P003 | Brussels | 78 m² | 1 · 60 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Porbel & Co
BE 0701.736.107
Merelbeke-Melle · Eq €222k
BECA - BOUW
BE 0472.920.827
Leuven · Eq €222k
AL RENOVATION
BE 0680.655.037
Brussel · Eq €222k
JIM BOUW
BE 0838.193.430
Vorselaar · Eq €222k
world wide tradenet luxembourg
BE 0892.704.262
keispelt · Eq €222k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 11,723 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-03-1992
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
55302
68110Buying and selling of own real estate
43990Other specialised construction activities
43995Specialised construction activities
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.