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Complete company report
Generated 03-09-2026
Active BE 0554.738.545Private limited company

SISSAU CONSTRUCT

Zeedijk 127 ·8430 Middelkerke, Belgium· 12 yrs active
Sector: Ontwikkeling van residentiële bouwprojecten (68121)
Conclusion Checked

SISSAU CONSTRUCT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €971k. The computed 12-month bankruptcy probability is 0.3% (very low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €1.28M
Net result €971k
Staff (FTE) 0.6
Active 12 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health63Profitability100Solvency30Growth78Stability100
74 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 63
Profitability 100
Solvency 30
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.3% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2014, 12 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
63 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview11 NBB filings
Annual accounts filed on 23-07-2026 with the NBB · fiscal year 2025 · abbreviated schema
€-500k€0€500k€1.00M€1.50MOperating result 2024: €-101k€-101kNet result 2024: €-121k€-121kOperating result 2025: €1.40M€1.40MNet result 2025: €971k€971k20242025
Operating resultNet result
Net profit
€971k
- 24-25
Total assets
€6.58M
+109.5% 24-25
Equity
€1.28M
+315.2% 24-25
Working capital
€1.28M
+402.3% 24-25
Employees (FTE)
1
+20.0% 24-25
Staff costs
€32k
+49.2% 24-25
Income taxes
€298k
- 24-25
Debt
€5.30M
+87.1% 24-25
Debt ≤ 1y
€5.26M
+85.9% 24-25
Current ratio
1.24
+14.0% 24-25
Quick ratio
0.70
-14.1% 24-25
Solvency
19.4%
+98.2% 24-25
Debt / equity
4.14
-54.9% 24-25
ROE
75.9%
- 24-25
ROA
14.8%
- 24-25
Figures by fiscal year and ratios
Fiscal year2025
Depositabbreviated schema
Revenue-
EBITDA-
Net profit€971k
Cash flow-
Staff costs€32k
Income taxes€298k
Dividends-
Total assets€6.58M
Equity€1.28M
Debt€5.30M
of which ≤ 1y€5.26M
of which > 1y-
Working capital€1.28M
Employees (FTE)0.6
Ratios (computed)
2025
Current ratio1.24
Quick ratio0.70
Working capital ratio19.4%
Solvency19.4%
Debt / equity4.14
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA14.8%
ROE75.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€6.58M
Fixed assets 21/28€39k
Financial fixed assets 28€39k
Current assets 29/58€6.54M
Stocks & contracts in progress 3€2.85M
Amounts receivable within one year 40/41€2.79M
Cash & bank 54/58€906k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€6.58M
Equity 10/15€1.28M
Contributions / capital 10/11€19k
Reserves 13€1.26M
Accumulated profits (losses) 14€0
Amounts payable 17/49€5.30M
Amounts payable within one year 42/48€5.26M
Trade debts payable within one year 44€1.69M
Income statement
Gross operating margin 9900€1.45M
Operating result 9901€1.40M
Financial income 75€82k
Financial charges 65€217k
Result before taxes 9903€1.27M
Income taxes 67/77€298k
Net result for the period 9904€971k
Result to be appropriated 9905€971k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • Karel Hendrik SISSAU
    Non-statutory director
    State Gazette act 23350236 (31-05-2023)
    Current
    31-05-2023 → present
  • Martine Marie Jeanne Juliette DE NIE
    Non-statutory director
    State Gazette act 23350236 (31-05-2023)
    Current
    31-05-2023 → present
Former directors (2)
  • Karel SISSAU
    Sole director
    State Gazette act 23350236 (31-05-2023)
    Former
    - → 31-05-2023
  • Martine DE NIE
    Sole director
    State Gazette act 23350236 (31-05-2023)
    Former
    - → 31-05-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Ontwikkeling van residentiële bouwprojecten(68121)
Legal form Private limited company(610)
Incorporation23-06-2014
StatusActive
Postal code8430
Establishment units 1 location
Zeedijk 127, 8430 Middelkerke
Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
since 20142.233.297.316
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35011B0180/00F065 Flanders 121 m² 1 · 135 m² 37.0 m · 10 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events
2026
23-07-2026 NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-06-2025 NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-05-2024 NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06-2023 NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
31-05-2023 State Gazette act Director changes
Hans Vanhimbeeck
2022
29-07-2022 NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-09-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-09-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08-2018 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-08-2017 NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
31-05-2023 2 directors appointed, 2 resigning Director changes·Hans Vanhimbeeck
  • Karel Hendrik SISSAU, Niet-statutair bestuurder
  • Martine Marie Jeanne Juliette DE NIE, Niet-statutair bestuurder
  • Karel SISSAU, Enig bestuurder
  • Martine DE NIE, Enig bestuurder
Notary: Hans Vanhimbeeck · Middelkerke
Technical details 
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      "reason": "de_plein_droit_dissolution",
      "subkind": null,
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    },
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      },
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      "decharge_status": null,
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      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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    },
    {
      "kind": "substantive_delegation",
      "role": "dagelijks_bestuur",
      "person": null,
      "reason": null,
      "subkind": "additional",
      "via_org": {
        "kbo": "0876.286.023",
        "name": "CVBA VANDELANOTTE ACCOUNTANCY",
        "address": "President Kennedypark 1a, 8500 Kortrijk",
        "country": "BE",
        "legal_form": "CVBA"
      },
      "statutory": null,
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      "rep_rotation_new_rep": null,
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    }
  ],
  "notary": {
    "name": "Hans Vanhimbeeck",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Middelkerke",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-05-31",
    "filing_date": "2023-05-26",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-05-23",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-05-23",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-05-23",
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    },
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2023-05-23",
      "unanimous": true
    },
    {
      "body": "raad_van_bestuur",
      "date": "2023-05-23",
      "unanimous": true
    },
    {
      "body": "notarieel_alleen",
      "date": "2023-05-23",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0554.738.545",
    "name_full": "SISSAU CONSTRUCT",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Hans VANHIMBEECK",
    "org_rep_person_name": null,
    "person_role_at_subject": "notaris"
  },
  "co_filed_documents": [
    "uitgifte van de akte de dato 23 mei 2023",
    "geco\u00F6rdineerde tekst van de statuten"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten68121
Primary activity highlighted.
Names & trade names
Legal nameNL SISSAU CONSTRUCT
Registered office
Zeedijk 127
8430 Middelkerke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative