SiStab
ActiveSummary
SiStab has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,114 and a net result of -€16,589. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-94
Solvency60▼-40
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.5 against 4.1 in 2024; short-term debt: 65.3% and cash: 13.2% of total assets), but 65.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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 2025Solvency, return and age of the figures
Solvency
34.7%
Return on assets
-18.5%
Age of the figures
9 mo
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 20-05-2026, 72 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
72 d early
2024
76 d early
2023
92 d early
2022
87 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 82 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€31,114▼ 62.8%
2024 · €83,703
Total assets
€89,693▼ 18.6%
2024 · €110,135
Net result
-€16,589
2024 · €35,649
Working capital
€29,368▼ 64.2%
2024 · €82,029
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€1,018-€58,911€46,448▼ 21.2%€45,570▼ 1.9%
Net result-€1,018-€46,072€35,649▼ 22.6%-€16,589
Equity€1,982-€48,054▲ 2,324%€83,703▲ 74.2%€31,114▼ 62.8%
Total assets€5,337-€71,575▲ 1,241%€110,135▲ 53.9%€89,693▼ 18.6%
Debt€3,355-€23,521▲ 601%€26,432▲ 12.4%€58,579▲ 122%
Working capital€1,982-€47,082▲ 2,275%€82,029▲ 74.2%€29,368▼ 64.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,693
Fixed assets
€1,747 ▲ 4.4%
Current assets
€87,946 ▼ 18.9%
Equity and liabilities €89,693
Equity
€31,114 ▼ 62.8%
Debt
€58,579 ▲ 122%
Debt's share of the balance-sheet total rises from 24.0% to 65.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46,814▼
2024 · €47,332
Cash flow
-€15,345▼
2024 · €36,533
Current ratio
1.50▼
2024 · 4.10
Debt to equity
1.88▲
2024 · 0.32
ROE
-53.3%▼
2024 · 42.6%
ROA
-18.5%▼
2024 · 32.4%
Interest coverage
0.75▼
2024 · 39.27
Debt ≤ 1 year
€58,579▲
2024 · €26,432
Income taxes
€132▼
2024 · €9,594
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,225 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.9%
went bankrupt
8.6%
stopped otherwise
87%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €294 | €884 | €1,244 | ▲ 40.7% |
| Other operating charges640/8 | - | €64 | €64 | €465 | ▲ 630% |
| Gross operating margin9900 | -€1,018 | €59,268 | €47,396 | €47,279 | ▼ 0.2% |
| Operating profit (loss)9901 | -€1,018 | €58,911 | €46,448 | €45,570 | ▼ 1.9% |
| Financial charges65/66B | - | €947 | €1,205 | €62,027 | ▲ 5,046% |
| Recurring financial charges65 | - | €947 | €1,205 | €62,027 | ▲ 5,046% |
| Profit (loss) for the period before taxes9903 | -€1,018 | €57,964 | €45,243 | -€16,457 | ▼ 136% |
| Income taxes67/77 | - | €11,892 | €9,594 | €132 | ▼ 98.6% |
| Profit (loss) for the period9904 | -€1,018 | €46,072 | €35,649 | -€16,589 | ▼ 147% |
| Profit (loss) for the period to be appropriated9905 | -€1,018 | €46,072 | €35,649 | -€16,589 | ▼ 147% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5,337 | €71,575 | €110,135 | €89,693 | ▼ 18.6% |
| Fixed assets21/28 | - | €1,484 | €1,674 | €1,747 | ▲ 4.4% |
| Tangible fixed assets22/27 | - | €1,484 | €1,674 | €1,747 | ▲ 4.4% |
| Furniture and vehicles24 | - | €1,484 | €1,674 | €1,747 | ▲ 4.4% |
| Current assets29/58 | €5,337 | €70,091 | €108,462 | €87,946 | ▼ 18.9% |
| Amounts receivable within one year40/41 | €2,337 | €58,275 | €72,600 | €75,368 | ▲ 3.8% |
| Trade receivables40 | €2,337 | €33,275 | €72,600 | €70,500 | ▼ 2.9% |
| Other amounts receivable41 | - | €25,000 | - | €4,868 | - |
| Cash at bank and in hand54/58 | €3,000 | €10,333 | €34,336 | €11,861 | ▼ 65.5% |
| Deferred charges and accrued income490/1 | - | €1,483 | €1,526 | €717 | ▼ 53.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5,337 | €71,575 | €110,135 | €89,693 | ▼ 18.6% |
| Equity10/15 | €1,982 | €48,054 | €83,703 | €31,114 | ▼ 62.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€1,018 | €45,054 | €80,703 | €28,114 | ▼ 65.2% |
| Amounts payable17/49 | €3,355 | €23,521 | €26,432 | €58,579 | ▲ 122% |
| Amounts payable within one year42/48 | €3,355 | €23,010 | €26,432 | €58,579 | ▲ 122% |
| Trade debts44 | €3,355 | €2,718 | €2,860 | €3,150 | ▲ 10.1% |
| Suppliers440/4 | €3,355 | €2,718 | €2,860 | €3,150 | ▲ 10.1% |
| Taxes, remuneration and social security45 | - | €7,195 | €10,095 | €10,470 | ▲ 3.7% |
| Taxes450/3 | - | €7,195 | €9,935 | €10,470 | ▲ 5.4% |
| Remuneration and social security454/9 | - | - | €160 | - | - |
| Other amounts payable47/48 | - | €13,097 | €13,477 | €44,958 | ▲ 234% |
| Accrued charges and deferred income492/3 | - | €512 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,018 | €46,072 | €35,649 | -€16,589 | ▼ 147% |
| + Depreciation and write-downs630 | - | €294 | €884 | €1,244 | ▲ 40.7% |
| Operating cash flow (approximation) | -€1,018 | €46,366 | €36,533 | -€15,345 | ▼ 142% |
| Investment in fixed assets (approximation) | - | - | -€1,074 | -€1,317 | ▼ 22.7% |
| Change in cash | - | €7,333 | €24,003 | -€22,475 | ▼ 194% |
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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€16,589
Net result drops to -€16,589, the lowest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €46,072
Net result €46,072 after one loss-making year.
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Soignies · 1 establishment unit since 2022
Ground area
535 m²
Building footprint
49 m²
Volume, LiDAR
321 m³
Parcel 55006B0633/00P000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SiStab
since 20222.339.184.593
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55006B0633/00P000 | Wallonia | 535 m² | 1 · 49 m² | 7.5 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900J7T0QRM7GF5G14
Similar companies · same sector, comparable size
SEENERGY
BE 0824.602.641
Thuin · Eq €31,119
DOMACONSULT
BE 1010.095.444
Sambreville · Eq €31,088
ADD3MANA
BE 1015.696.601
Walhain · Eq €31,153
CERTIWAL
BE 0848.442.865
Namur · Eq €31,036
Tweetak
BE 1024.079.775
Temse · Eq €31,231
Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 4,486 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
Founded15-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
simon.savel@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0794848286
Registered
13-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.