SIRK
ActiveSummary
SIRK has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €856,073. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 93% of 697 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €2.3m
- Profit
- €856,073
Why 99raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 4.79, cash €1.7mSize: total assets €2.7mSector: Social work activities without accommodation (NACE 88)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 88, small): better than 88% on solvency, 94% on liquidity, 98% on profitability and 90% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 88) for financial year 2024 is 24 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €856,073 ▲77.6%
- Equity above €2mequity €2.3m ▲61.2%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 76% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 88, Social work activities without accommodation: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.05m | €0.03m | €0.06m | ▲ 119% |
| Other operating charges640/8 | - | - | - | €0.004m | €0.004m | €0.01m | €0.006m | €0.008m | ▲ 45.7% |
| Gross operating margin9900 | €0.2m | €0.05m | -€0.05m | -€0.01m | €0.5m | €0.1m | €0.7m | €1.3m | ▲ 77.7% |
| Operating profit (loss)9901 | €0.2m | €0.01m | -€0.09m | -€0.05m | €0.4m | €0.04m | €0.7m | €1.3m | ▲ 76.4% |
| Financial income75/76B | - | - | - | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €44 | - | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €0.004m | €0.002m | €0.002m | €0.001m | €0.001m | ▲ 77.3% |
| Recurring financial charges65 | €0.009m | €272 | €0.001m | €0.004m | €0.002m | €0.002m | €0.001m | €0.001m | ▲ 77.3% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.01m | -€0.09m | -€0.05m | €0.4m | €0.04m | €0.7m | €1.3m | ▲ 76.4% |
| Income taxes67/77 | €0.06m | €0.006m | €0.002m | €0.002m | €0.1m | €0.02m | €0.2m | €0.4m | ▲ 73.8% |
| Profit (loss) for the period9904 | €0.1m | €0.005m | -€0.09m | -€0.05m | €0.3m | €0.02m | €0.5m | €0.9m | ▲ 77.6% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.005m | -€0.09m | -€0.05m | €0.3m | €0.02m | €0.5m | €0.9m | ▲ 77.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €0.9m | €0.9m | €0.9m | €1.3m | €1.2m | €1.8m | €2.7m | ▲ 49.3% |
| Fixed assets21/28 | €0.1m | €0.07m | €0.07m | €0.04m | €0.01m | €0.3m | €0.6m | €0.8m | ▲ 29.5% |
| Tangible fixed assets22/27 | €0.1m | €0.07m | €0.07m | €0.04m | €0.01m | €0.3m | €0.6m | €0.8m | ▲ 29.5% |
| Land and buildings22 | - | - | - | - | - | €0.3m | €0.5m | €0.6m | ▲ 15.4% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €500 | €0.1m | €0.09m | ▼ 8.7% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.01m | €0.005m | €0.002m | €0.1m | ▲ 65× |
| Current assets29/58 | €0.8m | €0.8m | €0.8m | €0.8m | €1.3m | €0.9m | €1.2m | €1.9m | ▲ 58.8% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | €0.7m | €0.2m | ▼ 70.8% |
| Trade receivables40 | - | - | - | €0.3m | €0.2m | €0.3m | €0.7m | €0.2m | ▼ 70.7% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.002m | €0.002m | €0.001m | - | - |
| Cash at bank and in hand54/58 | €0.6m | €0.6m | €0.5m | €0.5m | €1.1m | €0.6m | €0.5m | €1.7m | ▲ 232% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.001m | ▼ 67.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €0.9m | €0.9m | €0.9m | €1.3m | €1.2m | €1.8m | €2.7m | ▲ 49.3% |
| Equity10/15 | €0.6m | €0.7m | €0.6m | €0.6m | €0.9m | €0.9m | €1.4m | €2.3m | ▲ 61.2% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.6m | €0.6m | €0.6m | €0.6m | €0.9m | €0.9m | €1.4m | €2.2m | ▲ 62.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.6m | €0.9m | €0.9m | €1.4m | €2.2m | ▲ 62.1% |
| Profit (loss) carried forward14 | €0.01m | €0.01m | - | -€0.004m | - | - | - | - | - |
| Amounts payable17/49 | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 7.1% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 7.6% |
| Trade debts44 | €0.003m | €0.003m | €0.001m | €0.004m | €0.003m | €0.002m | €0.02m | €0.05m | ▲ 106% |
| Suppliers440/4 | - | - | - | €0.004m | €0.003m | €0.002m | €0.02m | €0.05m | ▲ 106% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.04m | €0.02m | €0.09m | €0.1m | ▲ 15.6% |
| Taxes450/3 | - | - | - | €0.01m | €0.04m | €0.02m | €0.09m | €0.1m | ▲ 15.6% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 3.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 0.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.005m | -€0.09m | -€0.05m | €0.3m | €0.02m | €0.5m | €0.9m | ▲ 77.6% |
| + Depreciation and write-downs630 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.05m | €0.03m | €0.06m | ▲ 119% |
| Operating cash flow (approximation) | €0.1m | €0.03m | -€0.06m | -€0.02m | €0.3m | €0.07m | €0.5m | €0.9m | ▲ 79.7% |
| Investment in fixed assets (approximation) | - | -€0.002m | -€0.03m | -€0.002m | -€0.001m | -€0.4m | -€0.3m | -€0.2m | ▲ 15.8% |
| Change in cash | - | -€0.04m | -€0.07m | €0.004m | €0.5m | -€0.5m | -€0.08m | €1.2m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00329009 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00332886 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00407708 |
| 31-12-2022 | micro format | 03-08-2023 | 2023-00309783 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20344089 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-54500182 |
| 31-12-2019 | micro format | 08-10-2020 | 2020-60500268 |
| 31-12-2018 | micro format | 31-07-2019 | 2019-40600313 |
| 31-12-2017 | micro format | 30-07-2018 | 2018-38400135 |
| 31-12-2016 | micro format | 30-08-2017 | 2017-50600194 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| WAUTERS Kris Cecilia Jaak |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-11
Gazette deed
Registered officeRegistered-office move · Power of attorney3 facts ▸
- General meeting, 26-09-2025
- Registered-office move, Mantelstraat 16 te B-9810 Nazareth
- Power of attorney, @TheOffice BV
22-01
Gazette deed
Appointment: WAUTERS Kris Cecilia Jaak (director)Legal-form conversion · Capital conversion · Purpose change10 facts ▸
- General meeting, 20-12-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Purpose change
- Other provision, “kennisname verslag bestuursorgaan artikel 5:102 WVV, creatie nieuwe soort aandelen zonder stemrecht” (deed in Dutch)
- Kind of shares, 20-12-2023, “opdeling 2250 bestaande aandelen” (deed in Dutch)
- Amendment of the articles
- Capital
- Director appointment, WAUTERS Kris Cecilia Jaak (director)
- Registered office clause, “Hoefijzerpad 5,1860 Meise” (deed in Dutch)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44048H0155/00B000 | Flanders | 5,465 m² | 1 · 255 m² | 9.1 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van diensten – in de ruimste betekenis – op het gebied van cultuur en amusement, alsmede het verwerven van eigendomsrechten op…” (deed in Dutch)
17 activities (deed in Dutch)
- Het verlenen van diensten – in de ruimste betekenis – op het gebied van cultuur en amusement, alsmede het verwerven van eigendomsrechten op muziekcreaties, bewerkingen, vertalingen enzovoort.
- Het verzorgen van muzikale optredens, het produceren, creëren, inrichten van allerlei festiviteiten, zowel in de culturele als in de animatiesector;
- Het schrijven, vertalen, bewerken, leveren van liedjesteksten en muzikale composities voor theater-, film- en de platenindustrie;
- De activiteiten van auteur, componist, bewerker en in het algemeen elke activiteit die rechtstreeks of onrechtstreeks verband houdt met de realisatie van voorstellingen;
- De presentatie van televisie- en radioprogramma’s;
- Redactiewerk in de geschreven pers;
- Het exploiteren van licenties;
- Het produceren en uitvoeren van opnames (zowel audio als video met audio)
- Het deelnemen aan autorace-activiteiten, het werven van sponsoring en het verrichten van aan- en verkopen in verband hiermee;
- Het verstrekken van advies en van managementadvies in het kader van de hiervoor vermelde activiteiten;
- Het verlenen van advies in communicatie en het uitvoeren van presentatieopdrachten;
- Uitsluitend in eigen naam en voor eigen rekening : het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur- en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten;
- Uitsluitend in eigen naam en voor eigen rekening : het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals aan- en verkoop, de huur- en verhuur, de ruil, en in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen;
- Uitsluitend in eigen naam en voor eigen rekening : het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliënvennootschappen of -ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening, en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- De vennootschap kan samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen al tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
- De vennootschap kan in het algemeen alle commerciële, industriële, financiële, handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel of die van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SIRK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Hoefijzerpad 5,1860 Meise” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, wettelijke bepalingen” (deed in Dutch)“Al dan niet met vertrekvergoeding, te allen tijde vrijwillig mits tijdig in vervanging kan worden voorzien” (deed in Dutch)“Bestuursorgaan, alle handelingen nodig of dienstig voor verwezenlijking voorwerp tenzij wet algemene vergadering bevoegd” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “In statuten opgelegde regelingen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “De vennootschap wordt, binnen hun bevoegdheidssfeer, tevens rechtsgeldig vertegenwoordigd door de personen belast met het dagelijks bestuur…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering overeenkomstig wettelijke bepalingen, 10” (deed in Dutch)