Skip to content

SIRUS

Active
Public limited companyfounded 2011active for 14 yearsVerlorenbroodstraat 122, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0841.451.739
Summary

SIRUS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €813,982 and a net result of €600,654. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 47% of 1,682 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, full format

Turnover
≈ €11.0m
Estimated: probably between €8.9m and €17.0m
EBIT margin
Not included in this filing
Net result
€600,654▲ 52.3%
2024 · €394,419
Working capital
€699,449▲ 46.6%
2024 · €477,032
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 41% 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.

Operating result€0.9m 2025 Net result€0.6m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.09m-€0.2m▲ 143%€0.4m▲ 79.4%€0.5m▲ 21.7%€0.3m▼ 33.6%€0.7m▲ 99.6%€0.9m▲ 41.4%
Net result€0.01m-€0.1mabove the sector's middle half▲ 814%€0.2mabove the sector's middle half▲ 96.9%€0.3mabove the sector's middle half▲ 23.5%€0.2mabove the sector's middle half▼ 29.2%€0.4mabove the sector's middle half▲ 84.0%€0.6mabove the sector's middle half▲ 52.3%
Equity€0.2m-€0.3mwithin the sector's middle half▲ 58.1%€0.3mwithin the sector's middle half▼ 16.2%€0.3mwithin the sector's middle half▲ 1.0%€0.1mwithin the sector's middle half▼ 51.9%€0.5mwithin the sector's middle half▲ 286%€0.8mwithin the sector's middle half▲ 52.9%
Total assets€1.0m-€1.4mabove the sector's middle half▲ 39.7%€1.8mabove the sector's middle half▲ 25.8%€1.5mwithin the sector's middle half▼ 16.9%€1.7mwithin the sector's middle half▲ 11.2%€2.3mabove the sector's middle half▲ 35.5%€2.3mwithin the sector's middle half▲ 2.4%
Debt€0.8m-€1.1m▲ 34.8%€1.5m▲ 38.7%€1.2m▼ 20.3%€1.5m▲ 26.1%€1.7m▲ 13.0%€1.5m▼ 13.2%
Working capital€0.2m-€0.4mabove the sector's middle half▲ 127%€0.3mwithin the sector's middle half▼ 28.6%€0.3mwithin the sector's middle half▲ 17.4%€0.2mwithin the sector's middle half▼ 43.4%€0.5mabove the sector's middle half▲ 184%€0.7mwithin the sector's middle half▲ 46.6%
Solvency20.8%-23.6%within the sector's middle half▲ 2.8pp15.7%below the sector's middle half▼ 7.9pp19.1%within the sector's middle half▲ 3.4pp8.3%below the sector's middle half▼ 10.8pp23.5%within the sector's middle half▲ 15.3pp35.1%within the sector's middle half▲ 11.6pp
Current ratio1.19-1.34within the sector's middle half▲ 0.151.17within the sector's middle half▼ 0.171.26within the sector's middle half▲ 0.091.12within the sector's middle half▼ 0.141.29within the sector's middle half▲ 0.171.47within the sector's middle half▲ 0.18
Return on assets (ROA)1.3%-8.7%within the sector's middle half▲ 7.3pp13.6%within the sector's middle half▲ 4.9pp20.2%above the sector's middle half▲ 6.6pp12.8%within the sector's middle half▼ 7.3pp17.4%above the sector's middle half▲ 4.6pp25.9%above the sector's middle half▲ 8.5pp
Staff (FTE)25.3-21.8above the sector's middle half▼ 13.8%21.8above the sector's middle half=25.7above the sector's middle half▲ 17.9%29.5above the sector's middle half▲ 14.8%32.6above the sector's middle half▲ 10.5%42.6above the sector's middle half▲ 30.7%
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: 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.
The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
  • 2025 Net result +52% on 2024. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets €124,088 ▲ 6.9%
Current assets €2.2m ▲ 2.1%
Equity and liabilities €2.3m
Equity €813,982 ▲ 52.9%
Debt €1.5m ▼ 13.2%
Debt's share of the balance-sheet total falls from 76.5% to 64.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€982,904▲
2024 · €699,437
Cash flow
€647,055▲
2024 · €431,428
Debt to equity
1.85▼
2024 · 3.25
ROE
73.8%▼
2024 · 74.1%
Interest coverage
14.12▲
2024 · 14.00
Debt ≤ 1 year
€1.5m▼
2024 · €1.7m
Income taxes
€267,130▲
2024 · €218,406
Staff costs
€3.8m▲
2024 · €2.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
96.5% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 17,811 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.3m€2.3m▲
Fixed assets21/28€0.1m€0.1m▲
Tangible fixed assets22/27€0.1m€0.1m▲
Land and buildings22-€0.01m
Plant, machinery and equipment23€0.01m€0.02m▲
Furniture and vehicles24€0.09m€0.08m▼
Financial fixed assets28€0.01m€0.01m=
Current assets29/58€2.1m€2.2m▲
Amounts receivable within one year40/41€1.6m€2.0m▲
Trade receivables40€1.5m€2.0m▲
Other amounts receivable41€0.07m€0.06m▼
Cash at bank and in hand54/58€0.5m€0.1m▼
Deferred charges and accrued income490/1€0.03m€0.03m▼
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.3m▲
Equity10/15€0.5m€0.8m▲
Contributions10/11€0.1m€0.1m=
Capital10€0.1m€0.1m=
Issued capital100€0.1m€0.1m=
Reserves13€0.01m€0.01m=
Non-distributable reserves130/1€0.01m€0.01m=
Legal reserve130€0.01m€0.01m=
Profit (loss) carried forward14€0.4m€0.7m▲
Amounts payable17/49€1.7m€1.5m▼
Amounts payable within one year42/48€1.7m€1.5m▼
Financial debts43€0.4m€0.2m▼
Credit institutions430/8€0.4m€0.2m▼
Trade debts44€0.8m€0.6m▼
Suppliers440/4€0.8m€0.6m▼
Advances received on contracts in progress46€0.1m€0.2m▲
Taxes, remuneration and social security45€0.3m€0.5m▲
Taxes450/3€0.04m€0.1m▲
Remuneration and social security454/9€0.3m€0.4m▲
Other amounts payable47/48€0.05m-
Accrued charges and deferred income492/3€0.06m€0.01m▼
Income statement Code20242025
Remuneration, social security and pensions62€2.9m€3.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.05m▲
Other operating charges640/8€0.003m€0.008m▲
Gross operating margin9900€3.6m€4.8m▲
Operating profit (loss)9901€0.7m€0.9m▲
Financial income75/76B€340€0.001m▲
Recurring financial income75€340€0.001m▲
Financial charges65/66B€0.05m€0.07m▲
Recurring financial charges65€0.05m€0.07m▲
Profit (loss) for the period before taxes9903€0.6m€0.9m▲
Income taxes67/77€0.2m€0.3m▲
Profit (loss) for the period9904€0.4m€0.6m▲
Profit (loss) for the period to be appropriated9905€0.4m€0.6m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.4m€1.0m▲
Profit (loss) brought forward from the previous period14P€439€0.4m▲
Profit to be distributed694/7-€0.3m
Return on contributions (dividend)694-€0.3m
Social balance sheet
Average headcount (FTE)908732.642.6▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€1.6m€2.5m€2.8m€2.9m€3.8m▲ 34.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.03m€0.03m€0.03m€0.03m€0.04m€0.05m▲ 25.4%
Other operating charges640/8--€0.005m€0.06m€0.003m€0.003m€0.008m▲ 165%
Gross operating margin9900€1.8m€1.7m€2.0m€3.1m€3.1m€3.6m€4.8m▲ 35.5%
Operating profit (loss)9901€0.09m€0.2m€0.4m€0.5m€0.3m€0.7m€0.9m▲ 41.4%
Financial income75/76B--€0€49€2€340€0.001m▲ 161%
Recurring financial income75€214€17€0€49€2€340€0.001m▲ 161%
Financial charges65/66B--€0.03m€0.03m€0.004m€0.05m€0.07m▲ 39.4%
Recurring financial charges65€0.03m€0.03m€0.03m€0.03m€0.004m€0.05m€0.07m▲ 39.4%
Profit (loss) for the period before taxes9903€0.07m€0.2m€0.4m€0.5m€0.3m€0.6m€0.9m▲ 41.6%
Income taxes67/77€0.05m€0.07m€0.1m€0.2m€0.1m€0.2m€0.3m▲ 22.3%
Profit (loss) for the period9904€0.01m€0.1m€0.2m€0.3m€0.2m€0.4m€0.6m▲ 52.3%
Profit (loss) for the period to be appropriated9905€0.01m€0.1m€0.2m€0.3m€0.2m€0.4m€0.6m▲ 52.3%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.0m€1.4m€1.8m€1.5m€1.7m€2.3m€2.3m▲ 2.4%
Fixed assets21/28€0.07m€0.05m€0.05m€0.06m€0.06m€0.1m€0.1m▲ 6.9%
Intangible fixed assets21€0.04m€0.02m------
Tangible fixed assets22/27€0.02m€0.01m€0.04m€0.05m€0.05m€0.1m€0.1m▲ 7.8%
Land and buildings22--€0.002m€0.002m€0.001m-€0.01m-
Plant, machinery and equipment23----€0.02m€0.01m€0.02m▲ 37.1%
Furniture and vehicles24--€0.04m€0.05m€0.03m€0.09m€0.08m▼ 8.0%
Financial fixed assets28€0.02m€0.02m€0.01m€0.01m€0.01m€0.01m€0.01m=
Current assets29/58€1.0m€1.4m€1.8m€1.4m€1.6m€2.1m€2.2m▲ 2.1%
Amounts receivable within one year40/41€0.8m€0.8m€0.9m€1.3m€1.3m€1.6m€2.0m▲ 28.5%
Trade receivables40--€0.9m€1.3m€1.3m€1.5m€2.0m▲ 30.9%
Other amounts receivable41----€0.04m€0.07m€0.06m▼ 21.5%
Cash at bank and in hand54/58€0.1m€0.6m€0.8m€0.1m€0.2m€0.5m€0.1m▼ 74.2%
Deferred charges and accrued income490/1--€0.005m€0.01m€0.05m€0.03m€0.03m▼ 10.4%
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.4m€1.8m€1.5m€1.7m€2.3m€2.3m▲ 2.4%
Equity10/15€0.2m€0.3m€0.3m€0.3m€0.1m€0.5m€0.8m▲ 52.9%
Contributions10/11€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Capital10--€0.1m€0.1m€0.1m€0.1m€0.1m=
Issued capital100--€0.1m€0.1m€0.1m€0.1m€0.1m=
Reserves13€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m=
Non-distributable reserves130/1--€0.01m€0.01m€0.01m€0.01m€0.01m=
Legal reserve130--€0.01m€0.01m€0.01m€0.01m€0.01m=
Profit (loss) carried forward14€0.08m€0.2m€0.1m€0.1m€439€0.4m€0.7m▲ 71.3%
Amounts payable17/49€0.8m€1.1m€1.5m€1.2m€1.5m€1.7m€1.5m▼ 13.2%
Amounts payable within one year42/48€0.8m€1.0m€1.5m€1.1m€1.4m€1.7m€1.5m▼ 10.6%
Financial debts43--€0.05m€0.008m-€0.4m€0.2m▼ 55.3%
Credit institutions430/8--€0.05m€0.008m-€0.4m€0.2m▼ 55.3%
Trade debts44€0.2m€0.4m€0.6m€0.4m€0.5m€0.8m€0.6m▼ 23.2%
Suppliers440/4--€0.6m€0.4m€0.5m€0.8m€0.6m▼ 23.2%
Advances received on contracts in progress46--€0.03m€0.1m€0.07m€0.1m€0.2m▲ 106%
Taxes, remuneration and social security45--€0.4m€0.3m€0.4m€0.3m€0.5m▲ 47.8%
Taxes450/3--€0.05m€0.05m€0.07m€0.04m€0.1m▲ 174%
Remuneration and social security454/9--€0.3m€0.2m€0.3m€0.3m€0.4m▲ 28.7%
Other amounts payable47/48--€0.4m€0.3m€0.5m€0.05m--
Accrued charges and deferred income492/3--€0.02m€0.07m€0.09m€0.06m€0.01m▼ 84.3%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€13,621€124,491€245,120€302,805€214,363€394,419€600,654▲ 52.3%
+ Depreciation and write-downs630€41,787€32,102€31,270€27,068€29,529€37,009€46,401▲ 25.4%
Operating cash flow (approximation)€55,408€156,593€276,390€329,873€243,892€431,428€647,055▲ 50.0%
Investment in fixed assets (approximation)--€6,030-€36,270-€40,129-€27,876-€90,016-€54,417▲ 39.5%
Change in cash-€510,322€211,201-€738,444€127,033€310,687-€400,731-

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

Download as CSV

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 07-07-2026 2026-00262168
31-12-2024 abbreviated format 09-07-2025 2025-00247545
31-12-2023 abbreviated format 04-10-2024 2024-00498186
31-12-2022 abbreviated format 20-07-2023 2023-00254762
30-09-2021 abbreviated format 29-04-2022 2022-20012904
30-09-2020 abbreviated format 30-04-2021 2021-12300215
30-09-2019 abbreviated format 30-04-2020 2020-10700319
30-09-2018 abbreviated format 12-04-2019 2019-09800561
30-09-2017 abbreviated format 25-04-2018 2018-10600251
30-09-2016 abbreviated format 25-04-2017 2017-10200306

Show all 14 filings

Similar companies · same sector, comparable size

Of the 29,903 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,962. 9,664 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 3 entries · €160,752 awarded · €64,282 paid
Year Entries AwardedPaid
2025 2 €159,900€63,430
2022 1 €852€852
Schemes
1 entry · €159,220 · €63,000 paid · Fonds voor Innoveren en Ondernemen
1 entry · €852 · €852 paid · Departement Werk en Sociale Economie
1 entry · €680 · €430 paid · Fonds voor Innoveren en Ondernemen

Public contracts

5 awards · 2023 to 2026
Raamovereenkomst voor de ontwikkeling van AI-oplossingen geïntegreerd in het LBLOD-ecosysteem: 2024/ABB/Digiteam/Projecten/2 - 1
buyer: Vlaamse OverheidResearch and development servicesawarded 20-10-2026€3785 tendersTED 742516-2026
Raamovereenkomst voor de ontwikkeling van AI-oplossingen geïntegreerd in het LBLOD-ecosysteem: 2024/ABB/Digiteam/Projecten/2 - 2
buyer: Vlaamse OverheidResearch and development servicesawarded 20-10-2026€4193 tendersTED 742516-2026
Microsoft Azure Support partner overeenkomst: Support Microsoft Azure platform met focus op Dataspace
buyer: Aquafin NVIT servicesawarded 10-04-2026€347,2001 tenderTED 269569-2026
Raamovereenkomst voor de doorontwikkeling van linked data toepassingen als referentie-implementatie binnen het LBLOD-ecosysteem: 2024/ABB/Digiteam/Projecten/1 - 1
buyer: Vlaamse OverheidResearch and development servicesawarded 10-03-2026€35,6955 tendersTED 192638-2026
Raamovereenkomst voor inhuren ICT profielen en projecten.: Ontwikkeling
buyer: Vlaamse Dienst voor Arbeidsbemiddeling en Beroepsopleiding - Extern Verzelfstandigd AgentschapIT servicesawarded 09-10-2023€17.6m15 tendersTED 755894-2023

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.