SiSEC
ActiveSiSEC has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €545k and a net result of €82k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+20
Solvency48▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.36 in 2023), and 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Sector 62
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
90 d early
2022
35 d early
2021
37 d early
2020
36 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€545k▲ 17.7%
2023 · €463k
2018: €190k
2019: €243k
2020: €314k
2021: €382k
2022: €412k
2023: €463k
2018 → 2024
Total assets
€1.43M▲ 23.3%
2023 · €1.16M
2018: €754k
2019: €733k
2020: €982k
2021: €1.11M
2022: €1.10M
2023: €1.16M
2018 → 2024
Net result
€82k▲ 59.3%
2023 · €51k
2018: €31k
2019: €54k
2020: €71k
2021: €67k
2022: €30k
2023: €51k
2018 → 2024
Working capital
€-328k▲ 2.2%
2023 · €-336k
2018: €-22k
2019: €-8k
2020: €-248k
2021: €-403k
2022: €-368k
2023: €-336k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€314k-€382k▲ 21.5%€412k▲ 7.9%€463k▲ 12.5%€545k▲ 17.7%
Operating result€100k-€105k▲ 4.6%€62k▼ 40.9%€94k▲ 52.4%€141k▲ 50.2%
Net result€71k-€67k▼ 4.5%€30k▼ 55.1%€51k▲ 69.5%€82k▲ 59.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 50% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.43M
Fixed assets
€1.29M▲ 32.2%
Current assets
€142k▼ 23.7%
Equity and liabilities €1.43M
Equity
€545k▲ 17.7%
Debt
€888k▲ 27.0%
The debt ratio rises from 60.1% to 62.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€191k▲
2023 · €135k
Cash flow
€132k▲
2023 · €92k
Solvency
38.0%▼
2023 · 39.9%
Current ratio
0.30▼
2023 · 0.36
Quick ratio
0.30▼
2023 · 0.36
Debt / equity
1.63▲
2023 · 1.51
ROE
15.0%▲
2023 · 11.1%
ROA
5.7%▲
2023 · 4.4%
Interest coverage
5.02▲
2023 · 4.57
Debt
€888k▲
2023 · €699k
Debt ≤ 1 year
€470k▼
2023 · €522k
Debt > 1 year
€416k▲
2023 · €176k
Income taxes
€21k▲
2023 · €13k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.16M€1.43M▲
Fixed assets21/28€977k€1.29M▲
Tangible fixed assets22/27€977k€1.29M▲
Land and buildings22€977k€1.29M▲
Furniture and vehicles24€0€0▼
Current assets29/58€186k€142k▼
Amounts receivable within one year40/41€72k€45k▼
Trade receivables40€65k€41k▼
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€109k€95k▼
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.43M▲
Equity10/15€463k€545k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€118€118=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€455k€537k▲
Amounts payable17/49€699k€888k▲
Amounts payable after more than one year17€176k€416k▲
Financial debts170/4€176k€416k▲
Other amounts payable178/9€0-
Amounts payable within one year42/48€522k€470k▼
Current portion of amounts payable after more than one year42€59k€60k▲
Financial debts43€124€102▼
Other loans439€124€102▼
Trade debts44€54k€9k▼
Suppliers440/4€54k€9k▼
Taxes, remuneration and social security45€2k€9k▲
Taxes450/3€1k€9k▲
Remuneration and social security454/9€287€0▼
Other amounts payable47/48€406k€391k▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€50k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€140k€198k▲
Operating profit (loss)9901€94k€141k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€29k€38k▲
Recurring financial charges65€29k€38k▲
Profit (loss) for the period before taxes9903€65k€103k▲
Income taxes67/77€13k€21k▲
Profit (loss) for the period9904€51k€82k▲
Profit (loss) for the period to be appropriated9905€51k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€455k€537k▲
Profit (loss) brought forward from the previous period14P€404k€455k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €82k ▲59.3%
Operating result €141k, net result €82k, both a record.
31-12
Financial
Equity above €500kEq €545k ▲17.7%
7 profitable years in a row build equity to €545k.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €30k ▼55.1%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €243k ▲28.2%
2 profitable years in a row build equity to €243k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oudergem · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Landschapschildersstraat 301160 OudergemGround area
1,620 m²
Building footprint
193 m²
Volume, LiDAR
1,518 m³
2 parcels, Brussels, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Bonsecours 36, 5500 Dinant
since 20122.215.540.376
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91034E0715/00K002 | Wallonia | 1,539 m² | 1 · 151 m² | 9.4 m · 3 fl. |
| 21002A0124/00S000 | Brussels | 81 m² | 1 · 41 m² | 13.0 m · 4 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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Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 11,564 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2012
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.