SISERA
ActiveSummary
SISERA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 634 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-5
Solvency30=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.83 in 2024; short-term debt: 77.1% and cash: 2.7% of total assets), and 94.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 634 sector peers (2025).
NBB · sector comparisonPosition among 634 sector peers
Solvency
better than 19%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €111k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
76 d early
2023
62 d early
2022
30 d late
2021
29 d late
2020
31 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€111k▲ 2.5%
2024 · €108k
2018: €52k
2019: €83k▲ +57.9% vs 2018
2020: €-254k▼ -407% vs 2019lowest in 8 years
2021: €-96k▲ +62.1% vs 2020
2022: €-12k▲ +87.4% vs 2021
2023: €60k▲ +597% vs 2022
2024: €108k▲ +79.9% vs 2023
2025: €111k▲ +2.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€2.03M▼ 0.1%
2024 · €2.03M
2018: €814klowest in 8 years
2019: €999k▲ +22.7% vs 2018
2020: €1.34M▲ +33.8% vs 2019
2021: €1.87M▲ +40.1% vs 2020
2022: €1.93M▲ +3.3% vs 2021
2023: €1.95M▲ +0.8% vs 2022
2024: €2.03M▲ +4.2% vs 2023highest in 8 years
2025: €2.03M▼ -0.1% vs 2024
2018 → 2025
Net result
€3k▼ 94.5%
2024 · €48k
2018: €27k
2019: €30k▲ +12.0% vs 2018
2020: €-337k▼ -1210% vs 2019lowest in 8 years
2021: €158k▲ +147% vs 2020highest in 8 years
2022: €84k▼ -46.8% vs 2021
2023: €72k▼ -13.9% vs 2022
2024: €48k▼ -33.5% vs 2023
2025: €3k▼ -94.5% vs 2024
2018 → 2025
Working capital
€-432k▼ 86.2%
2024 · €-232k
2018: €12k
2019: €79k▲ +580% vs 2018highest in 8 years
2020: €-277k▼ -451% vs 2019
2021: €-375k▼ -35.5% vs 2020
2022: €-175k▲ +53.4% vs 2021
2023: €-197k▼ -12.9% vs 2022
2024: €-232k▼ -17.7% vs 2023
2025: €-432k▼ -86.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-96k-€-12k▲ 87.4%€60k€108k▲ 79.9%€111k▲ 2.5%
2021: €-96klowest in 5 years
2022: €-12k▲ +87.4% vs 2021
2023: €60k▲ +597% vs 2022
2024: €108k▲ +79.9% vs 2023
2025: €111k▲ +2.5% vs 2024highest in 5 years
Operating result€196k-€130k▼ 34.0%€135k▲ 3.9%€104k▼ 22.9%€35k▼ 66.1%
2021: €196khighest in 5 years
2022: €130k▼ -34.0% vs 2021
2023: €135k▲ +3.9% vs 2022
2024: €104k▼ -22.9% vs 2023
2025: €35k▼ -66.1% vs 2024lowest in 5 years
Net result€158k-€84k▼ 46.8%€72k▼ 13.9%€48k▼ 33.5%€3k▼ 94.5%
2021: €158khighest in 5 years
2022: €84k▼ -46.8% vs 2021
2023: €72k▼ -13.9% vs 2022
2024: €48k▼ -33.5% vs 2023
2025: €3k▼ -94.5% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 66% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.03M
Fixed assets
€897k ▲ 3.7%
Current assets
€1.13M ▼ 2.9%
Equity and liabilities €2.03M
Equity
€111k ▲ 2.5%
Debt
€1.92M ▼ 0.3%
Debt's share of the balance-sheet total falls from 94.7% to 94.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€179k▼
2024 · €245k
Cash flow
€146k▼
2024 · €189k
Current ratio
0.72▼
2024 · 0.83
Quick ratio
0.30▼
2024 · 0.42
Debt to equity
17.27▼
2024 · 17.75
ROE
2.4%▼
2024 · 44.4%
ROA
0.1%▼
2024 · 2.4%
Interest coverage
5.74▼
2024 · 7.81
Debt ≤ 1 year
€1.56M▲
2024 · €1.40M
Debt > 1 year
€354k▼
2024 · €524k
Income taxes
€2k▼
2024 · €24k
Staff costs
€42k▼
2024 · €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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.03M€2.03M▼
Fixed assets21/28€865k€897k▲
Intangible fixed assets21-€30k
Tangible fixed assets22/27€823k€865k▲
Land and buildings22€382k€464k▲
Plant, machinery and equipment23€24k€24k▲
Furniture and vehicles24€32k€46k▲
Other tangible fixed assets26€386k€330k▼
Financial fixed assets28€41k€1k▼
Current assets29/58€1.17M€1.13M▼
Stocks and contracts in progress3€573k€671k▲
Stocks30/36€573k€671k▲
Amounts receivable within one year40/41€556k€407k▼
Trade receivables40€556k€407k▼
Cash at bank and in hand54/58€34k€55k▲
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€2.03M€2.03M▼
Equity10/15€108k€111k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€100k€103k▲
Amounts payable17/49€1.92M€1.92M▼
Amounts payable after more than one year17€524k€354k▼
Financial debts170/4€524k€354k▼
Amounts payable within one year42/48€1.40M€1.56M▲
Current portion of amounts payable after more than one year42€199k€204k▲
Financial debts43€50k€75k▲
Other loans439€50k€75k▲
Trade debts44€64k€258k▲
Suppliers440/4€64k€258k▲
Advances received on contracts in progress46€196k€160k▼
Taxes, remuneration and social security45€153k€102k▼
Taxes450/3€146k€93k▼
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€737k€766k▲
Income statement
Code20242025
Remuneration, social security and pensions62€50k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141k€143k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€298k€224k▼
Operating profit (loss)9901€104k€35k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€31k€31k▼
Recurring financial charges65€31k€31k▼
Profit (loss) for the period before taxes9903€73k€4k▼
Income taxes67/77€24k€2k▼
Profit (loss) for the period9904€48k€3k▼
Profit (loss) for the period to be appropriated9905€48k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€100k€103k▲
Profit (loss) brought forward from the previous period14P€52k€100k▲
Social balance
Average headcount (FTE)90871.51.1▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €57k | €54k | €83k | €50k | €42k | ▼ 15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €83k | €138k | €139k | €141k | €143k | ▲ 1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-199k | - | - | - |
| Other operating charges640/8 | €5k | €16k | €3k | €3k | €4k | ▲ 20.0% |
| Gross operating margin9900 | €341k | €337k | €161k | €298k | €224k | ▼ 24.7% |
| Operating profit (loss)9901 | €196k | €130k | €135k | €104k | €35k | ▼ 66.1% |
| Financial income75/76B | - | €2k | €0 | - | €1 | - |
| Recurring financial income75 | - | €2k | €0 | - | €1 | - |
| Financial charges65/66B | €35k | €48k | €40k | €31k | €31k | ▼ 0.8% |
| Recurring financial charges65 | €35k | €48k | €40k | €31k | €31k | ▼ 0.8% |
| Profit (loss) for the period before taxes9903 | €161k | €84k | €95k | €73k | €4k | ▼ 94.2% |
| Income taxes67/77 | €3k | €448 | €22k | €24k | €2k | ▼ 93.8% |
| Profit (loss) for the period9904 | €158k | €84k | €72k | €48k | €3k | ▼ 94.5% |
| Profit (loss) for the period to be appropriated9905 | €158k | €84k | €72k | €48k | €3k | ▼ 94.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.87M | €1.93M | €1.95M | €2.03M | €2.03M | ▼ 0.1% |
| Fixed assets21/28 | €1.17M | €1.08M | €980k | €865k | €897k | ▲ 3.7% |
| Intangible fixed assets21 | - | - | - | - | €30k | - |
| Tangible fixed assets22/27 | €1.13M | €1.04M | €939k | €823k | €865k | ▲ 5.1% |
| Land and buildings22 | €550k | €506k | €449k | €382k | €464k | ▲ 21.7% |
| Plant, machinery and equipment23 | €16k | €28k | €25k | €24k | €24k | ▲ 0.4% |
| Furniture and vehicles24 | €14k | €8k | €25k | €32k | €46k | ▲ 44.2% |
| Other tangible fixed assets26 | €551k | €496k | €441k | €386k | €330k | ▼ 14.3% |
| Financial fixed assets28 | €41k | €41k | €41k | €41k | €1k | ▼ 96.7% |
| Current assets29/58 | €699k | €855k | €969k | €1.17M | €1.13M | ▼ 2.9% |
| Stocks and contracts in progress3 | €151k | €295k | €534k | €573k | €671k | ▲ 17.1% |
| Stocks30/36 | €151k | €295k | €534k | €573k | €671k | ▲ 17.1% |
| Amounts receivable within one year40/41 | €520k | €550k | €435k | €556k | €407k | ▼ 26.8% |
| Trade receivables40 | €473k | €534k | €435k | €556k | €407k | ▼ 26.8% |
| Other amounts receivable41 | €47k | €17k | - | - | - | - |
| Cash at bank and in hand54/58 | €29k | €10k | €195 | €34k | €55k | ▲ 60.7% |
| Deferred charges and accrued income490/1 | - | - | - | €5k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.87M | €1.93M | €1.95M | €2.03M | €2.03M | ▼ 0.1% |
| Equity10/15 | €-96k | €-12k | €60k | €108k | €111k | ▲ 2.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | €6k | €6k | - | - | - | - |
| Other1109/19 | €6k | €6k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-104k | €-20k | €52k | €100k | €103k | ▲ 2.7% |
| Amounts payable17/49 | €1.97M | €1.95M | €1.89M | €1.92M | €1.92M | ▼ 0.3% |
| Amounts payable after more than one year17 | €894k | €917k | €723k | €524k | €354k | ▼ 32.5% |
| Financial debts170/4 | €894k | €917k | €723k | €524k | €354k | ▼ 32.5% |
| Amounts payable within one year42/48 | €1.07M | €1.03M | €1.17M | €1.40M | €1.56M | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | €171k | €189k | €202k | €199k | €204k | ▲ 2.7% |
| Financial debts43 | €279k | €21k | €25k | €50k | €75k | ▲ 50.0% |
| Credit institutions430/8 | €129k | - | €25k | - | - | - |
| Other loans439 | €150k | €21k | - | €50k | €75k | ▲ 50.0% |
| Trade debts44 | €125k | €120k | €67k | €64k | €258k | ▲ 300% |
| Suppliers440/4 | €125k | €120k | €67k | €64k | €258k | ▲ 300% |
| Advances received on contracts in progress46 | - | - | €102k | €196k | €160k | ▼ 18.5% |
| Taxes, remuneration and social security45 | €48k | €58k | €91k | €153k | €102k | ▼ 33.4% |
| Taxes450/3 | €40k | €55k | €74k | €146k | €93k | ▼ 36.0% |
| Remuneration and social security454/9 | €8k | €3k | €18k | €7k | €8k | ▲ 23.2% |
| Other amounts payable47/48 | €451k | €642k | €678k | €737k | €766k | ▲ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €158k | €84k | €72k | €48k | €3k | ▼ 94.5% |
| + Depreciation and write-downs630 | €83k | €138k | €139k | €141k | €143k | ▲ 1.7% |
| Operating cash flow (approximation) | €241k | €222k | €211k | €189k | €146k | ▼ 22.8% |
| Investment in fixed assets (approximation) | - | €-44k | €-40k | €-25k | €-175k | ▼ 590% |
| Change in cash | - | €-19k | €-10k | €34k | €21k | ▼ 38.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100kEq €108k ▲79.9%
4 profitable years in a row build equity to €108k.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Back to profitnet €158k
Net result €158k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-337k
Net result drops to €-337k, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Mechelen · 1 establishment unit since 2008
Ground area
512 m²
Building footprint
201 m²
Volume, LiDAR
1,873 m³
Parcel 12025C0752/00T000, Flanders · tallest building 15.6 m, ±3 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
SISERA
since 20082.171.442.691
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025C0752/00T000 | Flanders | 512 m² | 1 · 201 m² | 15.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 7,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 7,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,838 companies in sector 74111 we hold annual accounts for 1,005. 784 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)
Founded18-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
47711Retail sale of women's outerwear
47715Retail trade
47721Retail sale of footwear
47722Retail trade
Scores and ratios are computed by Checked and are not a credit decision.