Equity
Debts exceed assets in financial year 2025.
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Debts exceed assets in financial year 2025.
The micro format states no turnover.
Less equity than 90% of companies in construction of buildings. Sector median €45,638 · 9,474 companies.
In July 2024, 1,555 companies had the same profile as SIRIAD CONSTRUCT has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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 1,555 companies, not a prediction for SIRIAD CONSTRUCT. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| SIRIAD CONSTRUCT Vilvoorde | €69,941 | €126,564 | -3.6% | - |
| KATANA CONSTRUCTION Wezembeek-Oppem | €66,262 | €138,026 | 5.2% | - |
| AZVB Steenokkerzeel | €67,107 | €121,321 | 37.3% | - |
| ENTREPRISE GENERALE VACCARELLO Zaventem | €64,782 | €106,980 | 5.1% | - |
| Entreprise générale de Construction Fabrice LIEN Waimes | €81,140 | €136,300 | 49.2% | - |
| Renoleen Mol | €78,015 | €134,726 | 62.7% | - |
| ARTN Vilvoorde | €84,990 | €79,835 | 83.6% | - |
These companies have the same main activity as SIRIAD CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €64,800 and €85,000, founded in 2024.
The 2025 annual accounts show negative equity (-€2,551) and a net result of -€4,551. Its solvency ranks better than 10% of 9,471 sector peers (NACE 41, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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