SIRECO
ActiveSIRECO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132k and a net result of €15k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 7666 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+40
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.16 against 3.11 in 2024), and 23.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
76.4%
Return on assets
8.8%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 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
23 d late
2024
21 d late
2023
on the day
2022
2 d late
2021
3 d late
2020
20 d late
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close10-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▲ 273%
2024 · €4k
2019: €3k
2020: €2k
2021: €-5k
2022: €6k
2023: €4k
2024: €4k
2019 → 2025
Working capital
€129k▲ 13.3%
2024 · €114k
2019: €103k
2020: €105k
2021: €99k
2022: €105k
2023: €110k
2024: €114k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€109k▲ 5.7%€113k▲ 4.0%€117k▲ 3.6%€132k▲ 13.0%
Operating result€-5k-€6k€6k▼ 1.1%€6k▼ 3.9%€21k▲ 262%
Net result€-5k-€6k€4k▼ 25.5%€4k▼ 6.9%€15k▲ 273%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 262% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€3k=
Current assets
€170k▲ 1.2%
Equity and liabilities €173k
Equity
€132k▲ 13.0%
Debt
€41k▼ 24.4%
The debt ratio falls from 31.6% to 23.6%: equity grows while debt is paid down.
Key figures and ratios
Solvency
76.4%▲
2024 · 68.4%
Current ratio
4.16▲
2024 · 3.11
Quick ratio
4.12▲
2024 · 3.11
Debt / equity
0.31▼
2024 · 0.46
ROE
11.5%▲
2024 · 3.5%
ROA
8.8%▲
2024 · 2.4%
Debt
€41k▼
2024 · €54k
Debt ≤ 1 year
€41k▼
2024 · €54k
Income taxes
€6k▲
2024 · €1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€171k€173k▲
Fixed assets21/28€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€168k€170k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€164k€165k▲
Trade receivables40€159k€160k▲
Other amounts receivable41€5k€5k▼
Cash at bank and in hand54/58€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€171k€173k▲
Equity10/15€117k€132k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€55k€70k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€49k€64k▲
Amounts payable17/49€54k€41k▼
Amounts payable within one year42/48€54k€41k▼
Trade debts44€48k€27k▼
Suppliers440/4€48k€27k▼
Taxes, remuneration and social security45€2k€10k▲
Taxes450/3€2k€10k▲
Other amounts payable47/48€4k€4k=
Income statement
Code20242025
Other operating charges640/8€27k€1k▼
Gross operating margin9900€33k€23k▼
Operating profit (loss)9901€6k€21k▲
Financial charges65/66B€300€350▲
Recurring financial charges65€300€350▲
Profit (loss) for the period before taxes9903€6k€21k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€4k€15k▲
Profit (loss) for the period to be appropriated9905€4k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€15k▲
Transfer to equity691/2€4k€15k▲
To other reserves6921€4k€15k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
30-06
Financial
Highest result since 2019net €15k ▲273%
Operating result €21k, net result €15k, both a record.
21-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-06
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
30-06
Financial
Weakest financial yearnet €-5k ▼326%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
20-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
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.
Have them read with priority
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Directors · office · real estate
Directors
5 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, Brugelette · 1 establishment unit since 1997
Ground area
3,975 m²
Building footprint
303 m²
Volume, LiDAR
693 m³
2 parcels, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GRAVOTECH
since 19972.082.705.014
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51012B0519/00D000 | Wallonia | 3,542 m² | 1 · 224 m² | - |
| 51012B0068/00F000 | Wallonia | 434 m² | 1 · 79 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 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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Rotix
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PAY SERVICE
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DEPRO
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Of 11,172 companies in sector 82100 we hold annual accounts for 3,490. 2,574 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-06-1997
Fiscal year end30-06
Activities, NACEBEL
82100Office administrative and support services
82190Office administrative, office support and other business support activities
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.