Equity
Equity rose in 2025 from €927,708 to €1.6m.
Equity rose in 2025 from €927,708 to €1.6m.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The abbreviated format states no turnover.
Green is investment, beige is depreciation. Land and buildings stand 19.0% higher than in 2024.
Two of the last ten came late. The 2016 accounts came latest: 30 days after the end of the period.
Lower net result than 95% of companies in legal and accounting. Sector median €94,952 · 4,130 companies.
The dashed line is the sector median: < 0.1% across 1,479 companies (NACE 69, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, small). It does better than 67% of them on solvency, 63% on liquidity, 21% on profitability and 91% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 8,617 companies had the same profile as SIRATON has now. Each dot stands for 22 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SIRATON itself: < 0.1% within 12 months.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for SIRATON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.61 (0.56 in 2024), below 1. Short-term debt is 28.4% and cash 16.4% of total assets. 30.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SIRATON Sint-Niklaas | €2.3m | €129,588 | 69.2% | - |
| Wetenschappelijke Studies Lievegem | €1.7m | €157,772 | 61.4% | - |
| GROEP J & L Zoersel | €3.6m | €133,082 | 62.0% | - |
| Neirynck - De Neve Aalter | €1.7m | €85,755 | 93.3% | 0 |
| ANMORU Evergem | €3.7m | €106,775 | 49.4% | - |
| LUMACO Oosterzele | €1.7m | €70,276 | 64.7% | - |
| P. DE SMET Merelbeke-Melle | €1.4m | €203,318 | 92.2% | - |
These companies have the same main activity as SIRATON: other legal services (NACE 69109). They are comparable in size and age: total assets between €1.4m and €3.7m, founded between 1984 and 2000.
SIRATON files the abbreviated format. That format states no turnover. The gross margin fell from €130,448 in 2007 to €129,588 in 2025.
The balance sheet grew most from 2014 to 2015 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €180,000 and €340,000.
Higher than 73% of 4,142 companies in 2025.
Higher than 8% of 4,078 companies in 2025.
Higher than 6% of 4,113 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
2.3m | 2.3m | 1.6m | 1.6m | 1.6m | 1.7m | 1.6m | 1.7m | 1.9m | 2.0m | 2.1m | 1.7m | 1.2m | 1.3m | 1.3m | 1.5m | 817,438 | 844,854 | 868,599 | |
21/28 |
1.9m | 1.6m | 1.5m | 1.6m | 1.6m | 1.6m | 1.6m | 1.7m | 1.8m | 1.9m | 2.0m | 1.7m | 1.2m | 1.2m | 946,364 | 1.2m | 521,084 | 599,297 | 616,629 | |
22/27 |
1.9m | 1.6m | 1.5m | 1.6m | 1.6m | 1.6m | 1.6m | 1.7m | 1.8m | 1.9m | 2.0m | 1.7m | 1.2m | 1.2m | 946,364 | 1.2m | 521,084 | 599,297 | 616,629 | |
22 |
1.9m | 1.6m | 1.5m | 1.6m | 1.6m | 1.6m | 1.6m | 1.7m | 1.8m | 1.9m | 2.0m | 1.6m | 1.1m | 1.2m | 901,112 | 1.2m | 465,298 | 537,260 | 548,248 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 520 | 1,262 | 2,005 | 2,748 | 3,490 | 4,233 | |
26 |
- | - | - | - | - | - | - | - | - | - | 30,404 | 33,712 | 37,054 | 40,429 | 43,990 | 47,611 | 53,038 | 58,546 | 64,148 | |
27 |
11,750 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
390,820 | 752,542 | 77,965 | 22,315 | 67,531 | 54,147 | 59,946 | 31,816 | 95,890 | 65,523 | 99,756 | 73,073 | 61,726 | 61,871 | 305,479 | 258,436 | 296,355 | 245,557 | 251,970 | |
40/41 |
14,049 | 12,300 | 5,748 | 2,071 | 42,133 | 41,389 | 11,752 | 4,576 | 14,798 | 361 | 23,421 | 43,616 | 19,015 | 1,351 | 38,005 | 987 | 10,409 | 9,944 | 9,818 | |
40 |
49 | 1,300 | 4,525 | 0 | 4,575 | 0 | 9,000 | 132 | 12,753 | - | 22,143 | 39,381 | 18,997 | - | 37,064 | - | - | - | - | |
41 |
14,000 | 11,000 | 1,223 | 2,071 | 37,558 | 41,389 | 2,752 | 4,444 | 2,045 | 361 | 1,278 | 4,235 | 18 | 1,351 | 940 | 987 | 10,409 | 9,944 | 9,818 | |
50/53 |
- | - | - | 0 | 246 | 248 | 249 | 251 | 252 | 253 | 252 | 252 | - | - | 202,402 | 201,949 | 203,800 | 200,000 | 202,010 | |
54/58 |
372,992 | 726,224 | 69,565 | 18,018 | 23,041 | 11,424 | 46,850 | 25,749 | 79,629 | 62,731 | 74,117 | 28,764 | 37,982 | 58,783 | 37,961 | 52,432 | 71,383 | 33,657 | 38,074 | |
490/1 |
3,779 | 14,018 | 2,652 | 2,227 | 2,111 | 1,086 | 1,094 | 1,241 | 1,211 | 2,179 | 1,965 | 442 | 4,730 | 1,736 | 27,111 | 3,068 | 10,763 | 1,956 | 2,068 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
2.3m | 2.3m | 1.6m | 1.6m | 1.6m | 1.7m | 1.6m | 1.7m | 1.9m | 2.0m | 2.1m | 1.7m | 1.2m | 1.3m | 1.3m | 1.5m | 817,438 | 844,854 | 868,599 | |
10/15 |
1.6m | 927,708 | 954,613 | 934,429 | 933,885 | 932,963 | 934,783 | 933,152 | 939,851 | 945,801 | 704,467 | 691,185 | 665,949 | 649,055 | 606,105 | 533,745 | 548,446 | 546,841 | 655,555 | |
10/11 |
718,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 128,905 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 128,905 | |
13 |
856,371 | 909,158 | 936,063 | 915,879 | 915,335 | 914,413 | 916,233 | 914,602 | 921,301 | 927,251 | 685,917 | 672,635 | 647,399 | 630,505 | 587,555 | 528,431 | 528,431 | 525,363 | 522,257 | |
130/1 |
- | - | 0 | 12,890 | 12,890 | 12,890 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | 12,890 | |
1311 |
- | - | 0 | 12,890 | 12,890 | 12,890 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
108,447 | 119,292 | 130,137 | 140,981 | 151,826 | 162,671 | 164,169 | 174,351 | 171,780 | 181,840 | - | - | - | - | - | - | - | - | - | |
133 |
747,924 | 789,866 | 805,926 | 762,007 | 750,619 | 738,852 | 739,174 | 727,360 | 736,630 | 732,521 | 673,027 | 659,744 | 634,508 | 617,615 | 574,664 | 515,541 | 515,541 | 512,472 | 509,366 | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -13,236 | - | - | - | |
15 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,464 | 2,929 | 4,393 | |
16 |
36,149 | 39,764 | 43,379 | 46,994 | 50,609 | 54,224 | 67,185 | 71,462 | 88,493 | 92,893 | - | - | - | - | - | - | 754 | 1,508 | 2,262 | |
168 |
36,149 | 39,764 | 43,379 | 46,994 | 50,609 | 54,224 | 67,185 | 71,462 | 88,493 | 92,893 | - | - | - | - | - | - | 754 | 1,508 | 2,262 | |
17/49 |
664,078 | 1.4m | 556,795 | 609,838 | 662,028 | 716,606 | 642,774 | 714,737 | 859,825 | 913,559 | 1.4m | 1.1m | 573,845 | 606,685 | 645,738 | 958,881 | 268,239 | 296,504 | 210,782 | |
17 |
- | - | 0 | 9,003 | 62,257 | 114,219 | 164,922 | 214,396 | 262,670 | 309,774 | 355,736 | 400,584 | 14,129 | - | - | - | - | - | 4,417 | |
170/4 |
- | - | 0 | 9,003 | 62,257 | 114,219 | 164,922 | 214,396 | 262,670 | 309,774 | 355,736 | 400,584 | 14,129 | - | - | - | - | - | 4,417 | |
42/48 |
645,395 | 1.3m | 539,238 | 585,452 | 584,641 | 601,982 | 477,447 | 500,341 | 596,749 | 603,390 | 1.1m | 648,220 | 559,715 | 606,685 | 645,388 | 958,736 | 267,889 | 296,174 | 206,365 | |
42 |
- | 0 | 9,003 | 53,254 | 57,293 | 76,336 | 67,763 | 48,274 | 47,104 | 45,962 | 44,848 | 43,761 | - | - | - | - | - | 4,417 | 4,819 | |
43 |
- | - | - | - | 0 | 676 | 462 | 20,384 | 77,625 | 78,938 | 222,613 | 253,881 | - | - | 28,429 | 56,732 | 85,189 | 115,367 | 111,934 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 28,429 | 56,732 | 85,189 | 115,367 | 111,934 | |
439 |
- | - | - | - | 0 | 676 | 462 | 20,384 | 77,625 | 78,938 | 222,613 | 253,881 | - | - | - | - | - | - | - | |
44 |
0 | 2,374 | 0 | 155 | 0 | 6,050 | 72 | 623 | 3,457 | 3,754 | 25,169 | 25,520 | 51,411 | 1,517 | 1,581 | - | 145 | 3,944 | 3,995 | |
440/4 |
0 | 2,374 | 0 | 155 | 0 | 6,050 | 72 | 623 | 3,457 | 3,754 | 25,169 | 25,520 | 51,411 | 1,517 | 1,581 | - | 145 | 3,944 | 3,995 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 938 | - | 14,112 | - | - | - | |
45 |
- | 0 | 4,839 | 7,972 | 3,276 | 3,810 | 3,719 | 4,422 | 16,415 | 16,393 | 5,554 | 2,240 | 3,093 | 10,060 | 4,764 | 2,733 | 2,480 | 1,059 | 337 | |
450/3 |
- | 0 | 4,839 | 7,972 | 3,276 | 3,810 | 3,719 | 4,422 | 16,415 | 16,393 | 5,554 | 2,240 | 3,093 | 10,060 | 4,764 | 2,733 | 2,480 | 1,059 | 337 | |
47/48 |
645,395 | 1.3m | 525,395 | 524,071 | 524,071 | 515,111 | 405,432 | 426,637 | 452,148 | 458,343 | 771,575 | 322,818 | 505,212 | 594,170 | 610,615 | 885,160 | 180,074 | 171,387 | 85,280 | |
492/3 |
18,683 | 16,230 | 17,558 | 15,383 | 15,130 | 405 | 405 | - | 405 | 395 | - | 2,765 | - | - | 350 | 145 | 350 | 330 | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 68,174 | - | - | - | - | |
9900 |
129,588 | 114,128 | 163,151 | 160,932 | 150,834 | 135,370 | 135,510 | 128,848 | 130,004 | 217,302 | 165,536 | 151,909 | 117,467 | 166,420 | 138,561 | 117,659 | 96,427 | 97,398 | 130,448 | |
630 |
155,033 | 117,494 | 92,123 | 90,176 | 111,732 | 119,123 | 102,739 | 104,743 | 105,386 | 104,873 | 110,380 | 91,479 | 73,530 | 102,322 | 98,488 | 121,802 | 78,213 | 91,320 | 108,370 | |
640/8 |
12,070 | 10,788 | 10,214 | 9,213 | 8,983 | 8,854 | 7,361 | 15,465 | 10,023 | 6,880 | 6,704 | 9,782 | 8,431 | 11,951 | 8,551 | 6,841 | 6,442 | 6,251 | 6,445 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,122 | |
9901 |
-37,516 | -14,154 | 60,815 | 61,542 | 30,119 | 7,392 | 25,411 | 8,640 | 14,596 | 105,549 | 48,451 | 50,648 | 35,506 | 52,147 | 31,522 | -10,985 | 11,772 | -172 | 15,633 | |
75/76B |
10 | 0 | 98 | 1 | - | 0 | 22 | 2 | 0 | 0 | 1 | 345 | 32 | 14,224 | 7,124 | 9,871 | 8,265 | 10,173 | 9,304 | |
75 |
10 | 0 | 98 | 1 | - | 0 | 22 | 2 | 0 | 0 | 1 | 345 | 32 | 14,224 | 7,124 | 9,871 | 8,265 | 10,173 | 9,304 | |
65/66B |
18,896 | 16,366 | 16,430 | 17,943 | 18,875 | 17,849 | 18,433 | 21,070 | 24,080 | 34,941 | 35,170 | 25,757 | 18,644 | 23,421 | 34,460 | 12,877 | 17,723 | 7,650 | 3,825 | |
65 |
18,896 | 16,366 | 16,430 | 17,943 | 18,875 | 17,849 | 18,433 | 21,070 | 24,080 | 34,941 | 35,170 | 25,757 | 18,644 | 23,421 | 34,460 | 12,877 | 17,723 | 7,650 | 3,825 | |
9903 |
-56,402 | -30,520 | 44,483 | 43,600 | 11,244 | -10,456 | 7,001 | -12,428 | -9,484 | 70,609 | 13,282 | 25,236 | 16,894 | 42,950 | 72,360 | -13,990 | 2,315 | 2,352 | 10,991 | |
780 |
3,615 | 3,615 | 3,615 | 3,615 | 3,615 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
- | 0 | 27,914 | 46,672 | 13,937 | 4,324 | 9,647 | 11,302 | 866 | 25,574 | - | - | - | - | - | - | - | - | 7,489 | |
9904 |
-52,787 | -26,905 | 20,184 | 544 | 921 | -11,166 | 1,631 | -19,452 | -5,435 | 49,923 | 13,282 | 25,236 | 16,894 | 42,950 | 72,360 | -13,236 | 3,069 | 3,106 | 4,257 | |
789 |
10,845 | 10,845 | 10,845 | 10,845 | 10,845 | 10,845 | 10,182 | 10,182 | 9,545 | 9,571 | - | - | - | - | - | - | - | - | - | |
9905 |
-41,942 | -16,060 | 31,029 | 11,388 | 11,766 | -321 | 11,813 | -9,270 | 4,110 | 59,494 | 13,282 | 25,236 | 16,894 | 42,950 | 72,360 | -13,236 | 3,069 | 3,106 | 4,257 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-41,942 | -16,060 | 31,029 | 11,388 | 11,766 | -321 | 11,813 | -9,270 | 4,110 | 59,494 | 13,282 | 25,236 | 16,894 | 42,950 | 59,124 | -13,236 | 3,069 | 3,106 | 4,257 | |
791/2 |
41,942 | 16,060 | - | - | 0 | 321 | 0 | 9,270 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | 0 | 31,029 | 11,388 | 11,766 | 0 | 11,813 | - | 4,110 | 59,494 | 13,282 | 25,236 | 16,894 | 42,950 | 59,124 | - | 3,069 | 3,106 | 4,257 | |
6921 |
- | 0 | 31,029 | 11,388 | 11,766 | 0 | 11,813 | - | 4,110 | 59,494 | 13,282 | 25,236 | 16,894 | 42,950 | 59,124 | - | 3,069 | 3,106 | 4,257 | |
| Document | ||||||||||||||||||||
The accounts for 17 older financial years (1990-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-07-2026 | 2026-00292945 | |
| 31-12-2024 | abbreviated format | 08-07-2025 | 2025-00254523 | |
| 31-12-2023 | abbreviated format | 20-08-2024 | 2024-00356373 | |
| 31-12-2022 | abbreviated format | 07-07-2023 | 2023-00226612 | |
| 31-12-2021 | abbreviated format | 05-07-2022 | 2022-20152100 | |
| 31-12-2020 | abbreviated format | 14-07-2021 | 2021-36000233 | |
| 31-12-2019 | abbreviated format | 15-07-2020 | 2020-30400468 | |
| 31-12-2018 | abbreviated format | 28-06-2019 | 2019-25500401 | |
| 31-12-2017 | abbreviated format | 09-07-2018 | 2018-30300384 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-52000552 | |
| 31-12-2015 | abbreviated format | 06-07-2016 | 2016-28100472 | |
| 31-12-2014 | abbreviated format | 19-06-2015 | 2015-18900359 | |
| 31-12-2013 | abbreviated format | 04-07-2014 | 2014-26800098 | |
| 31-12-2012 | abbreviated format | 01-07-2013 | 2013-24200121 | |
| 31-12-2011 | abbreviated format | 12-06-2012 | 2012-16400234 | |
| 31-12-2010 | abbreviated format | 15-06-2011 | 2011-16300478 | |
| 31-12-2009 | abbreviated format | 07-06-2010 | 2010-15400585 | |
| 31-12-2008 | abbreviated format | 27-05-2009 | 2009-16700301 | |
| 30-12-2007 | abbreviated format | 04-06-2008 | 2008-18800077 | |
| 30-12-2006 | abbreviated format | 11-06-2007 | 2007-19700223 | |
| 30-12-2005 | abbreviated format | 09-06-2006 | 2006-22201159 | |
| 30-12-2004 | abbreviated format | 10-06-2005 | 2005-23803916 | |
| 30-12-2003 | abbreviated format | 03-06-2004 | 2004-19500877 | |
| 30-12-2002 | abbreviated format | 05-06-2003 | 2003-20001724 | |
| 30-12-2001 | abbreviated format | 10-06-2002 | 2002-19003531 | |
| 30-12-2000 | abbreviated format | 31-05-2001 | 2001-16104207 | |
| 30-12-1999 | abbreviated format | 09-06-2000 | 2000-20404821 | |
| 30-12-1998 | abbreviated format | 07-06-1999 | 1999-15100380 | |
| 30-12-1997 | abbreviated format | 09-06-1998 | 1998-15601207 | |
| 30-12-1996 | abbreviated format | 09-06-1997 | 1997-14000425 | |
| 30-12-1995 | abbreviated format | 11-06-1996 | 1996-14703887 | |
| 30-12-1994 | abbreviated format | 13-06-1995 | 1995-23400482 | |
| 30-12-1993 | abbreviated format | 19-05-1994 | 1994-08803439 | |
| 30-12-1992 | abbreviated format | 27-05-1993 | 1993-08800992 | |
| 30-12-1991 | abbreviated format | 03-06-1992 | 1992-08104855 | |
| 30-12-1990 | abbreviated format | 10-06-1991 | 1991-08504880 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 117,517 | 103,340 | 152,937 | 151,718 | 141,851 | 126,516 | 128,150 | 113,383 | 119,982 | 210,422 | 158,832 | 142,128 | 109,036 | 154,469 | 130,010 | 110,817 | 89,985 | 91,148 | 124,004 | ||
| 102,246 | 90,589 | 112,307 | 90,719 | 112,653 | 107,957 | 104,369 | 85,291 | 99,950 | 154,796 | 123,662 | 116,715 | 90,424 | 145,272 | 170,848 | 108,566 | 81,282 | 94,425 | 112,627 | ||
| 465,817 | 214,217 | 0 | 80,131 | 41,075 | 183,974 | 0 | 0 | 10,935 | 22,205 | 470,905 | 583,092 | 57,729 | 349,826 | 53,213 | 834,908 | 0 | 73,988 | 234,064 | ||
| -353,232 | 656,659 | 51,547 | -5,024 | 11,617 | -35,426 | 21,101 | -53,880 | 16,898 | -11,386 | 45,354 | -9,218 | -20,802 | 20,822 | -14,471 | -18,950 | 37,725 | -4,417 | - | ||
| -254,575 | -589,843 | -461,273 | -563,137 | -517,109 | -547,835 | -417,501 | -468,525 | -500,859 | -537,867 | -970,002 | -575,146 | -497,989 | -544,814 | -339,909 | -700,300 | 28,466 | -50,617 | 45,605 | ||
| 69.2% | 39.9% | 61.4% | 58.7% | 56.7% | 54.8% | 56.8% | 54.3% | 49.8% | 48.4% | 33.1% | 39.7% | 53.7% | 51.7% | 48.4% | 35.8% | 67.1% | 64.7% | 75.5% | ||
| 0.61 | 0.56 | 0.14 | 0.04 | 0.12 | 0.09 | 0.13 | 0.06 | 0.16 | 0.11 | 0.09 | 0.11 | 0.11 | 0.10 | 0.47 | 0.27 | 1.11 | 0.83 | 1.22 | ||
| 0.42 | 1.46 | 0.58 | 0.65 | 0.71 | 0.77 | 0.69 | 0.77 | 0.91 | 0.97 | 2.02 | 1.52 | 0.86 | 0.93 | 1.07 | 1.80 | 0.49 | 0.54 | 0.32 | ||
| -3.4% | -2.9% | 2.1% | 0.1% | 0.1% | -1.2% | 0.2% | -2.1% | -0.6% | 5.3% | 1.9% | 3.7% | 2.5% | 6.6% | 11.9% | -2.5% | 0.6% | 0.6% | 0.6% | ||
| -2.3% | -1.2% | 1.3% | 0.0% | 0.1% | -0.7% | 0.1% | -1.1% | -0.3% | 2.6% | 0.6% | 1.4% | 1.4% | 3.4% | 5.8% | -0.9% | 0.4% | 0.4% | 0.5% | ||
| 6.22 | 6.31 | 9.31 | 8.46 | 7.52 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €9,003 | €62,257 | €118,492 |
| Mortgages, amount registered | - | - | €480,000 | - | €480,000 |
| Carrying value of the mortgaged assets | - | - | €734,797 | - | €881,086 |
| - | - | - | €807,941 | - | |
| Mandates to pledge the business | - | - | - | €480,000 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €465,817 | €214,217 | - | €80,131 | €41,075 |
| €155,033 | €117,494 | €92,123 | €90,176 | €111,732 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €37,516, larger than the loss of €14,154 in 2024. It is the lowest result since 2007.
Debt's share of the balance-sheet total falls from 58.4% to 29.2%. Equity is higher and debt is lower.
SIRATON has no parent and no holdings in its annual accounts. SIRATON shares no director with another company.
| MERUS
registered office since 09-04-2020 · founded in 2020 |
total assets €1.3m (2025) 0745.907.036 |
| DHDL CONSULTING
registered office since 24-04-2020 · founded in 2020 |
total assets €573,696 (2025) 0746.495.172 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Zamanstraat 14 registered office 9100 Sint-Niklaas 2110001 Manufacture of basic pharmaceutical products and pharmaceutical preparations | 16-10-1997 | 2.049.877.937 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46443E0333/00R000 | 238 m² | 1 · 122 m² | 16.4 m · 4 |
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