Equity
€33,035 ▲ 147%
SISKAN paid out €833 in dividends. That is 4% of the 2025 profit.
SISKAN
Lifetime
2 annual accounts with figures on one time axispeak €29,932 (2025)
€29,932▲ 87.5%
peak €20,495 (2025)
€20,495▲ 68.4%
peak €33,035 (2025)
€33,035▲ 147%
€2,376▼ 64.7%
Board1 name since 2024
1 directorIskander SAHNOUN
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Gross margin from €15,968 to €29,932Result from €12,173 to €20,495Dividend €833Equity from €13,373 to €33,035Debts from €6,722 to €2,376Cash from €12,707 to €22,368
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Investments
€10,500 3.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
11.44 was 2.99 in 2024
Short-term debts fell from €6,722 to €2,376.
Starting capital
€2,000 100 shares
Position in the sector
93.3%
Higher solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,125 companies.
Checked score
91
Excellent
Financially stronger than 94% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 1.9%
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 2.3%▲ +0.4 percentage points vs 04-2025
06-2025: 2.4%▲ +0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 2.7%● unchanged vs 07-2025highest value
09-2025: 0.5%▼ -2.2 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.3%▼ -0.2 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €35,411
lowers risk
Liquidity: current ratio 11.44, cash €22,368
Equity €33,035 (93.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 92% on profitability and 94% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as SISKAN has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SISKAN itself is lower: 0.3% within 12 months. It rests on far more data about SISKAN than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for SISKAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 11.44 (2.99 in 2024), above the usual 1.5. Short-term debt is 6.7% and cash 63.2% of total assets. 6.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 08-06-2026, 53 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
53 days early
2024
5 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 24 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005466762
Incorporation
Founding capital of €2,000, 100 shares · Founder: Iskander SAHNOUN · Appointment: Iskander SAHNOUN (director) · published on 02-02-2024 · Gazette deed
First establishment
Ch. Cappellestraat 19, Menen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SISKAN Menen | €35,411 | €29,932 | 93.3% | - |
| BR-SERVICES Zedelgem | €36,208 | €28,920 | 58.4% | - |
| VNH-Technics Bruges | €31,875 | €29,204 | 85.5% | - |
| BKMZ Brussels | €37,884 | €32,247 | 33.8% | - |
| SAVEYN T.E.S. Zulte | €31,942 | €31,955 | 77.1% | - |
| GT Solutions Houthalen-Helchteren | €38,916 | €27,207 | 28.7% | - |
| MTD ELEC Rumes | €39,437 | €32,329 | 55.5% | - |
These companies have the same main activity as SISKAN: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €31,900 and €39,400, founded in 2024.
Official details
Source: KBO- Status
- Active since 31-01-2024Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Establishment unit
- 2.355.075.1738930 Menen, since 31-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 01-07-2025
Annual accounts 2025
- €35,411▲ 76.2%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on SISKAN
SISKAN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,035 and a net result of €20,495.
Its solvency ranks better than 95% of 35,125 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SISKAN
- What is the company number of SISKAN?
- The company number of SISKAN is 1005.466.762. The VAT number is the same number with BE in front: BE 1005.466.762.
- Where is SISKAN based?
- The registered office is at Ch. Cappellestraat 19, 8930 Menen.Company details
- What does SISKAN do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of SISKAN?
- SISKAN is a private limited company (BV).
- When was SISKAN founded?
- SISKAN was founded on 31-01-2024.
- Is SISKAN still active?
- Yes, SISKAN is an active enterprise in the KBO register.
- What is the turnover of SISKAN?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €29,932 and 45 comparable companies (NACE 43211). It probably lies between €98,000 and €210,000.Financials
- Is SISKAN profitable?
- In financial year 2025, SISKAN made a profit of €20,495.
- Where can I find the annual accounts of SISKAN?
- SISKAN filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SISKAN due?
- SISKAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.