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SIROL CONSULT

Active
Private limited company (pre-2019)founded 200323 yrs activeLommerlaan 41, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0480.480.392
Summary

SIROL CONSULT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.08M and a net result of €239k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-1
Solvency92=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days only on tighter terms
Liquidity ample (current ratio 3.05 against 6.18 in 2023; short-term debt: 12.7% and cash: 13.3% of total assets), and 33.5% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
66.5%
Return on assets
5.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
145 d late
2023
61 d late
2022
32 d late
2021
61 d late
2020
170 d late
2019
91 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
€0
2019 · €0
2019: €0 2021: €0
2019 → 2021
EBIT margin
Not included in this filing
Net result
€239k▼ 4.0%
2023 · €250k
2018: €346k 2019: €242k▼ -30.1% vs 2018 2020: €104k▼ -56.8% vs 2019lowest in 7 years 2021: €260k▲ +149% vs 2020 2022: €495k▲ +90.0% vs 2021highest in 7 years 2023: €250k▼ -49.6% vs 2022 2024: €239k▼ -4.0% vs 2023
2018 → 2024
Working capital
€1.20M▼ 38.6%
2023 · €1.96M
2018: €1.32M 2019: €1.18M▼ -10.9% vs 2018lowest in 7 years 2020: €1.33M▲ +12.7% vs 2019 2021: €1.57M▲ +18.1% vs 2020 2022: €2.02M▲ +29.0% vs 2021highest in 7 years 2023: €1.96M▼ -3.0% vs 2022 2024: €1.20M▼ -38.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€0
Equity€1.74M-€2.00M▲ 15.0%€2.59M▲ 29.9%€2.84M▲ 9.6%€3.08M▲ 8.4% 2020: €1.74Mlowest in 5 years 2021: €2.00M▲ +15.0% vs 2020 2022: €2.59M▲ +29.9% vs 2021 2023: €2.84M▲ +9.6% vs 2022 2024: €3.08M▲ +8.4% vs 2023highest in 5 years
Operating result€183k-€407k▲ 122%€743k▲ 82.7%€440k▼ 40.8%€339k▼ 22.9% 2020: €183klowest in 5 years 2021: €407k▲ +122% vs 2020 2022: €743k▲ +82.7% vs 2021highest in 5 years 2023: €440k▼ -40.8% vs 2022 2024: €339k▼ -22.9% vs 2023
Net result€104k-€260k▲ 149%€495k▲ 90.0%€250k▼ 49.6%€239k▼ 4.0% 2020: €104klowest in 5 years 2021: €260k▲ +149% vs 2020 2022: €495k▲ +90.0% vs 2021highest in 5 years 2023: €250k▼ -49.6% vs 2022 2024: €239k▼ -4.0% vs 2023
Result per fiscal year
Operating resultNet result
€0€200k€400k€600k€800kOperating result 2020: €183k€183kNet result 2020: €104k€104kOperating result 2021: €407k€407kNet result 2021: €260k€260kOperating result 2022: €743k€743kNet result 2022: €495k€495kOperating result 2023: €440k€440kNet result 2023: €250k€250kOperating result 2024: €339k€339kNet result 2024: €239k€239k20202021202220232024€0€200k€400k€600k€800kOperating result 2022: €743k€743kNet result 2022: €495k€495kOperating result 2023: €440k€440kNet result 2023: €250k€250kOperating result 2024: €339k€339kNet result 2024: €239k€239k202220232024
The operating result has fallen two years in a row; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.63M
Fixed assets €2.84M ▲ 48.0%
Current assets €1.79M ▼ 23.4%
Equity and liabilities €4.63M
Equity €3.08M ▲ 8.4%
Debt €1.55M ▲ 9.4%
Debt's share of the balance-sheet total rises from 33.3% to 33.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€616k▲
2023 · €614k
Cash flow
€516k▲
2023 · €424k
Current ratio
3.05▼
2023 · 6.18
Quick ratio
2.88▼
2023 · 5.65
Debt to equity
0.50▲
2023 · 0.50
ROE
7.8%▼
2023 · 8.8%
ROA
5.2%▼
2023 · 5.9%
Interest coverage
37.59▼
2023 · 39.26
Debt ≤ 1 year
€588k▲
2023 · €379k
Debt > 1 year
€955k▼
2023 · €1.04M
Income taxes
€90k▼
2023 · €180k
Staff costs
€48k▼
2023 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet Code20232024
Assets
Total assets20/58€4.26M€4.63M▲
Fixed assets21/28€1.92M€2.84M▲
Tangible fixed assets22/27€1.91M€2.83M▲
Land and buildings22€1.63M€2.81M▲
Furniture and vehicles24€1k€10k▲
Other tangible fixed assets26-€4k
Assets under construction and advance payments27€272k-
Financial fixed assets28€13k€13k▲
Current assets29/58€2.34M€1.79M▼
Stocks and contracts in progress3€200k€100k▼
Stocks30/36€200k€100k▼
Amounts receivable within one year40/41€1.07M€1.07M▼
Trade receivables40€999k€986k▼
Other amounts receivable41€72k€85k▲
Cash at bank and in hand54/58€1.07M€617k▼
Deferred charges and accrued income490/1€82€5k▲
Equity and liabilities
Total equity and liabilities10/49€4.26M€4.63M▲
Equity10/15€2.84M€3.08M▲
Contributions10/11€6k€6k=
Reserves13€1.70M€3.08M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1.70M€3.07M▲
Profit (loss) carried forward14€1.14M-
Amounts payable17/49€1.42M€1.55M▲
Amounts payable after more than one year17€1.04M€955k▼
Financial debts170/4€1.04M€955k▼
Amounts payable within one year42/48€379k€588k▲
Current portion of amounts payable after more than one year42€83k€84k▲
Trade debts44€60k€380k▲
Suppliers440/4€60k€380k▲
Taxes, remuneration and social security45€192k€60k▼
Taxes450/3€176k€44k▼
Remuneration and social security454/9€16k€16k▲
Other amounts payable47/48€44k€64k▲
Accrued charges and deferred income492/3€0€9k▲
Income statement Code20232024
Non-recurring operating income76A-€826
Remuneration, social security and pensions62€50k€48k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174k€276k▲
Other operating charges640/8€8k€34k▲
Gross operating margin9900€673k€698k▲
Operating profit (loss)9901€440k€339k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€16k€16k▲
Recurring financial charges65€16k€16k▲
Profit (loss) for the period before taxes9903€429k€329k▼
Income taxes67/77€180k€90k▼
Profit (loss) for the period9904€250k€239k▼
Profit (loss) for the period to be appropriated9905€250k€239k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.39M€1.38M▼
Profit (loss) brought forward from the previous period14P€1.14M€1.14M=
Transfer to equity691/2€250k€1.38M▲
To other reserves6921€250k€1.38M▲
Social balance
Average headcount (FTE)9087-1.0

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Turnover70-€0----
Non-recurring operating income76A----€826-
Goods, raw materials, services and sundry goods60/61-€0----
Remuneration, social security and pensions62--€4k€50k€48k▼ 3.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€147k€158k€156k€174k€276k▲ 58.6%
Other operating charges640/8-€9k€8k€8k€34k▲ 309%
Gross operating margin9900€338k€574k€911k€673k€698k▲ 3.8%
Operating profit (loss)9901€183k€407k€743k€440k€339k▼ 22.9%
Financial income75/76B---€5k€6k▲ 23.3%
Recurring financial income75€105--€5k€6k▲ 23.3%
Financial charges65/66B-€29k€15k€16k€16k▲ 4.7%
Recurring financial charges65€17k€29k€15k€16k€16k▲ 4.7%
Profit (loss) for the period before taxes9903€167k€378k€728k€429k€329k▼ 23.4%
Income taxes67/77€62k€118k€233k€180k€90k▼ 50.2%
Profit (loss) for the period9904€104k€260k€495k€250k€239k▼ 4.0%
Profit (loss) for the period to be appropriated9905€104k€260k€495k€250k€239k▼ 4.0%
Line20202021202220232024Change
Assets
Total assets20/58€3.35M€3.42M€4.07M€4.26M€4.63M▲ 8.8%
Fixed assets21/28€1.69M€1.63M€1.69M€1.92M€2.84M▲ 48.0%
Tangible fixed assets22/27€1.69M€1.62M€1.68M€1.91M€2.83M▲ 48.3%
Land and buildings22-€1.57M€1.65M€1.63M€2.81M▲ 72.2%
Furniture and vehicles24-€50k€27k€1k€10k▲ 743%
Other tangible fixed assets26----€4k-
Assets under construction and advance payments27---€272k--
Financial fixed assets28-€13k€13k€13k€13k▲ 0.5%
Current assets29/58€1.66M€1.79M€2.38M€2.34M€1.79M▼ 23.4%
Stocks and contracts in progress3€133k€129k€163k€200k€100k▼ 49.7%
Stocks30/36-€129k€163k€200k€100k▼ 49.7%
Amounts receivable within one year40/41€1.23M€858k€892k€1.07M€1.07M▼ 0.1%
Trade receivables40-€827k€892k€999k€986k▼ 1.3%
Other amounts receivable41-€31k€60€72k€85k▲ 16.8%
Cash at bank and in hand54/58€298k€797k€1.32M€1.07M€617k▼ 42.4%
Deferred charges and accrued income490/1-€1k€2k€82€5k▲ 5,493%
Equity and liabilities
Total equity and liabilities10/49€3.35M€3.42M€4.07M€4.26M€4.63M▲ 8.8%
Equity10/15€1.74M€2.00M€2.59M€2.84M€3.08M▲ 8.4%
Contributions10/11-€6k€6k€6k€6k=
Reserves13€693k€954k€1.45M€1.70M€3.08M▲ 81.1%
Non-distributable reserves130/1-€2k€2k€2k€2k=
Reserves not available under the articles1311-€2k€2k€2k€2k=
Distributable reserves133-€952k€1.45M€1.70M€3.07M▲ 81.2%
Profit (loss) carried forward14€1.04M€1.04M€1.14M€1.14M--
Amounts payable17/49€1.62M€1.42M€1.48M€1.42M€1.55M▲ 9.4%
Amounts payable after more than one year17€1.29M€1.21M€1.12M€1.04M€955k▼ 8.1%
Financial debts170/4-€1.21M€1.12M€1.04M€955k▼ 8.1%
Amounts payable within one year42/48€331k€217k€353k€379k€588k▲ 55.2%
Current portion of amounts payable after more than one year42-€82k€82k€83k€84k▲ 1.2%
Trade debts44€201k€88k€52k€60k€380k▲ 538%
Suppliers440/4-€88k€52k€60k€380k▲ 538%
Taxes, remuneration and social security45-€48k€196k€192k€60k▼ 68.6%
Taxes450/3-€44k€193k€176k€44k▼ 75.1%
Remuneration and social security454/9-€4k€3k€16k€16k▲ 3.8%
Other amounts payable47/48-€0€23k€44k€64k▲ 45.4%
Accrued charges and deferred income492/3---€0€9k-
Line20202021202220232024Change
Profit (loss) for the period9904€104k€260k€495k€250k€239k▼ 4.0%
+ Depreciation and write-downs630€147k€158k€156k€174k€276k▲ 58.6%
Operating cash flow (approximation)€252k€418k€651k€424k€516k▲ 21.7%
Investment in fixed assets (approximation)-€-97k€-216k€-402k€-1.20M▼ 198%
Change in cash-€499k€523k€-250k€-453k▼ 81.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
23-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 145 days late
03-04
State Gazette act General meeting · Director reappointment
Mandate compensation · Director resignation
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial Highest result since 2018net €495k ▲90%
Operating result €743k, net result €495k, both a record.
31-12
Financial Equity above €2MEq €2.59M ▲29.9%
5 profitable years in a row build equity to €2.59M.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 61 days late
17-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 170 days late
2020
31-12
Financial Weakest financial yearnet €104k ▼56.8%
Net result drops to €104k, the lowest in the series; recovery starts the following year.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
21-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 21 days late
06-02
State Gazette act General meeting · Director reappointment
Mandate compensation · Permanent representative
Show earlier events
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2014
03-07
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
415 m²
Building footprint
195 m²
Volume, LiDAR
2,197 m³
Parcel 21673D0131/00Y005, Brussels · tallest building 17.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Lommerlaan 41, 1200 Sint-Lambrechts-Woluwe
NACE 74142
since 20032.132.863.120
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21673D0131/00Y005 Brussels 415 m² 1 · 195 m² 17.7 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 15,577 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded02-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46140Agents in the wholesale of industrial machinery, ships and aircraft
68203Renting and operating of own or leased non-residential real estate, excluding land

Scores and ratios are computed by Checked and are not a credit decision.