Sisif
ActiveSummary
Sisif has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €851. Equity is growing by ~55.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability58▼-42
Solvency82▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.59 in 2023; short-term debt: 43.5% and cash: 3.1% of total assets), and 43.5% 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○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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56.5%
Return on assets
1.9%
Age of the figures
21 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
27 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€116k
EBIT margin
1.1%
Net result
€851▼ 94.8%
2023 · €16k
2018: €-6k
2019: €1k▲ +117% vs 2018
2020: €4k▲ +252% vs 2019
2021: €-8k▼ -304% vs 2020lowest in 7 years
2022: €24k▲ +410% vs 2021highest in 7 years
2023: €16k▼ -31.5% vs 2022
2024: €851▼ -94.8% vs 2023
2018 → 2024
Working capital
€24k▲ 10.5%
2023 · €22k
2018: €-2klowest in 7 years
2019: €5k▲ +282% vs 2018
2020: €8k▲ +85.9% vs 2019
2021: €-68▼ -101% vs 2020
2022: €21k▲ +30599% vs 2021
2023: €22k▲ +4.3% vs 2022
2024: €24k▲ +10.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€116k
Equity€-8k-€-16k▼ 90.8%€8k€24k▲ 212%€25k▲ 3.5%
2020: €-8k
2021: €-16k▼ -90.8% vs 2020lowest in 5 years
2022: €8k▲ +148% vs 2021
2023: €24k▲ +212% vs 2022
2024: €25k▲ +3.5% vs 2023highest in 5 years
Operating result€4k-€-8k€26k€21k▼ 17.1%€1k▼ 94.2%
2020: €4k
2021: €-8k▼ -296% vs 2020lowest in 5 years
2022: €26k▲ +441% vs 2021highest in 5 years
2023: €21k▼ -17.1% vs 2022
2024: €1k▼ -94.2% vs 2023
Net result€4k-€-8k€24k€16k▼ 31.5%€851▼ 94.8%
2020: €4k
2021: €-8k▼ -304% vs 2020lowest in 5 years
2022: €24k▲ +410% vs 2021highest in 5 years
2023: €16k▼ -31.5% vs 2022
2024: €851▼ -94.8% vs 2023
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 94% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets
€1k ▼ 62.1%
Current assets
€43k ▲ 22.4%
Equity and liabilities €44k
Equity
€25k ▲ 3.5%
Debt
€19k ▲ 37.8%
Debt's share of the balance-sheet total rises from 36.6% to 43.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▼
2023 · €23k
Cash flow
€3k▼
2023 · €18k
Current ratio
2.24▼
2023 · 2.59
Debt to equity
0.77▲
2023 · 0.58
ROE
3.4%▼
2023 · 68.0%
ROA
1.9%▼
2023 · 43.1%
Interest coverage
21.43▼
2023 · 231.83
Debt ≤ 1 year
€19k▲
2023 · €14k
Income taxes
€260▼
2023 · €5k
Staff costs
€0
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 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€38k€44k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€849▼
Land and buildings22€393€299▼
Furniture and vehicles24€2k€551▼
Financial fixed assets28€224€224=
Current assets29/58€35k€43k▲
Amounts receivable within one year40/41€25k€42k▲
Trade receivables40€22k€30k▲
Other amounts receivable41€3k€12k▲
Current investments50/53€10k-
Cash at bank and in hand54/58-€1k
Equity and liabilities
Total equity and liabilities10/49€38k€44k▲
Equity10/15€24k€25k▲
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Profit (loss) carried forward14€18k€19k▲
Amounts payable17/49€14k€19k▲
Amounts payable within one year42/48€14k€19k▲
Trade debts44€430€17k▲
Suppliers440/4€430€17k▲
Taxes, remuneration and social security45€11k€1k▼
Taxes450/3€11k€527▼
Remuneration and social security454/9€733€733=
Other amounts payable47/48€2k€1k▼
Accrued charges and deferred income492/3€348-
Income statement
Code20232024
Turnover70-€116k
Non-recurring operating income76A-€7k
Goods, raw materials, services and sundry goods60/61-€119k
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€384€307▼
Gross operating margin9900€24k€3k▼
Operating profit (loss)9901€21k€1k▼
Financial income75/76B€5€9▲
Recurring financial income75€5€9▲
Financial charges65/66B€101€140▲
Recurring financial charges65€101€140▲
Profit (loss) for the period before taxes9903€21k€1k▼
Income taxes67/77€5k€260▼
Profit (loss) for the period9904€16k€851▼
Profit (loss) for the period to be appropriated9905€16k€851▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€19k▲
Profit (loss) brought forward from the previous period14P€1k€18k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €116k | - |
| Non-recurring operating income76A | - | - | - | - | €7k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €119k | - |
| Remuneration, social security and pensions62 | - | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €503 | €792 | €2k | €2k | €2k | ▼ 14.1% |
| Other operating charges640/8 | - | €1k | €6k | €384 | €307 | ▼ 20.2% |
| Gross operating margin9900 | €4k | €-6k | €34k | €24k | €3k | ▼ 86.1% |
| Operating profit (loss)9901 | €4k | €-8k | €26k | €21k | €1k | ▼ 94.2% |
| Financial income75/76B | - | - | - | €5 | €9 | ▲ 61.8% |
| Recurring financial income75 | - | - | - | €5 | €9 | ▲ 61.8% |
| Financial charges65/66B | - | €133 | €271 | €101 | €140 | ▲ 39.0% |
| Recurring financial charges65 | €71 | €133 | €271 | €101 | €140 | ▲ 39.0% |
| Profit (loss) for the period before taxes9903 | €4k | €-8k | €25k | €21k | €1k | ▼ 94.8% |
| Income taxes67/77 | - | - | €2k | €5k | €260 | ▼ 94.7% |
| Profit (loss) for the period9904 | €4k | €-8k | €24k | €16k | €851 | ▼ 94.8% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-8k | €24k | €16k | €851 | ▼ 94.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10k | €24k | €43k | €38k | €44k | ▲ 16.1% |
| Fixed assets21/28 | €2k | €3k | €5k | €3k | €1k | ▼ 62.1% |
| Tangible fixed assets22/27 | €1k | €3k | €5k | €3k | €849 | ▼ 67.5% |
| Land and buildings22 | - | €582 | €487 | €393 | €299 | ▼ 24.0% |
| Furniture and vehicles24 | - | €2k | €4k | €2k | €551 | ▼ 75.2% |
| Financial fixed assets28 | €180 | €224 | €224 | €224 | €224 | = |
| Current assets29/58 | €9k | €21k | €38k | €35k | €43k | ▲ 22.4% |
| Amounts receivable within one year40/41 | €8k | €13k | €17k | €25k | €42k | ▲ 68.0% |
| Trade receivables40 | - | €13k | €17k | €22k | €30k | ▲ 39.0% |
| Other amounts receivable41 | - | - | €35 | €3k | €12k | ▲ 263% |
| Current investments50/53 | - | - | - | €10k | - | - |
| Cash at bank and in hand54/58 | €846 | €8k | €14k | - | €1k | - |
| Deferred charges and accrued income490/1 | - | - | €7k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10k | €24k | €43k | €38k | €44k | ▲ 16.1% |
| Equity10/15 | €-8k | €-16k | €8k | €24k | €25k | ▲ 3.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | - | - | - | €6k | - | - |
| Other1109/19 | - | - | - | €6k | - | - |
| Profit (loss) carried forward14 | €-15k | €-22k | €1k | €18k | €19k | ▲ 4.8% |
| Amounts payable17/49 | €19k | €40k | €35k | €14k | €19k | ▲ 37.8% |
| Amounts payable after more than one year17 | €18k | €18k | €17k | - | - | - |
| Financial debts170/4 | - | €18k | €17k | - | - | - |
| Amounts payable within one year42/48 | €138 | €21k | €17k | €14k | €19k | ▲ 41.3% |
| Trade debts44 | €138 | €4k | €2k | €430 | €17k | ▲ 3,797% |
| Suppliers440/4 | - | €4k | €2k | €430 | €17k | ▲ 3,797% |
| Taxes, remuneration and social security45 | - | €3k | €5k | €11k | €1k | ▼ 89.0% |
| Taxes450/3 | - | €3k | €5k | €11k | €527 | ▼ 95.1% |
| Remuneration and social security454/9 | - | - | - | €733 | €733 | = |
| Other amounts payable47/48 | - | €14k | €11k | €2k | €1k | ▼ 31.0% |
| Accrued charges and deferred income492/3 | - | €388 | €348 | €348 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-8k | €24k | €16k | €851 | ▼ 94.8% |
| + Depreciation and write-downs630 | €503 | €792 | €2k | €2k | €2k | ▼ 14.1% |
| Operating cash flow (approximation) | €4k | €-7k | €26k | €18k | €3k | ▼ 85.8% |
| Investment in fixed assets (approximation) | - | €-2k | €-4k | €0 | €0 | - |
| Change in cash | - | €7k | €6k | - | - | - |
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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.21
Current ratio from 1.00 to 2.21; short-term debt falls from €21k to €17k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Liquidity times 10current ratio 61.72
Current ratio from 6.16 to 61.72; short-term debt falls from €874 to €138.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Liquidity times 12current ratio 6.16
Current ratio from 0.51 to 6.16; short-term debt falls from €5k to €874.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Chaudfontaine · 1 establishment unit since 2015
Ground area
233 m²
Building footprint
62 m²
Volume, LiDAR
521 m³
Parcel 62104D0337/00W028, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EW SUPPLY
since 20152.241.517.867
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62104D0337/00W028 | Wallonia | 232 m² | 1 · 62 m² | 9.4 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.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,139 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
Founded26-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
46130Agents in the wholesale of timber and building materials
46832Wholesale of timber
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.