SISU
InactiveSISU was declared bankrupt on 26-03-2024 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed for insufficient assets by judgment of 07-01-2025, published in the Belgian State Gazette on 13-01-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline20-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 06-09-2021, 37 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
37 d late
2019
112 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€34k▲ 51.8%
2019 · €22k
2018: €21k
2019: €22k
2018 → 2020
Total assets
€221k▼ 51.3%
2019 · €454k
2018: €545k
2019: €454k
2018 → 2020
Net result
€12k▲ 1,259%
2019 · €847
2018: €3k
2019: €847
2018 → 2020
Working capital
€32k▲ 55.6%
2019 · €21k
2018: €20k
2019: €21k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€21k-€22k▲ 4.0%€34k▲ 51.8%
Operating result€3k-€1k▼ 62.7%€12k▲ 1,052%
Net result€3k-€847▼ 68.4%€12k▲ 1,259%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 1,052% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €221k
Equity
€34k▲ 51.8%
Debt
€188k▼ 56.6%
The debt ratio falls from 95.1% to 84.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€234k
Cash flow
€234k
Solvency
15.2%▲
2019 · 4.9%
Current ratio
1.17▲
2019 · 1.05
Quick ratio
0.01▼
2019 · 0.03
ROE
34.1%▲
2019 · 3.8%
ROA
5.2%▲
2019 · 0.2%
Debt
€188k▼
2019 · €432k
Debt ≤ 1 year
€188k▼
2019 · €432k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€454k€221k▼
Formation expenses20€2k€2k=
Current assets29/58€453k€220k▼
Stocks and contracts in progress3€441k€219k▼
Cash at bank and in hand54/58€12k€1k▼
Equity and liabilities
Total equity and liabilities10/49€454k€221k▼
Equity10/15€22k€34k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-1k€12k▲
Amounts payable17/49€432k€188k▼
Amounts payable within one year42/48€432k€188k▼
Trade debts44€1k€2k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€223k
Gross operating margin9900€2k€234k▲
Operating profit (loss)9901€1k€12k▲
Recurring financial charges65€155€35▼
Profit (loss) for the period before taxes9903€847€12k▲
Profit (loss) for the period9904€847€12k▲
Profit (loss) for the period to be appropriated9905€847€12k▲
Timeline · acts, filings and financial milestones
2025
13-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · SISU BV SCHUTTERSHOFSTRAAT 26/1, 3620 LANAKEN · event 07-01-2025
2024
08-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · SISU BV SCHUTTERSHOF- STRAAT 26/1, 3620 LANAKEN · event 26-03-2024
2021
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
2020
31-12
Financial
Highest result since 2018net €12k ▲1259%
Operating result €12k, net result €12k, both a record.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
31-12
Financial
Weakest financial yearnet €847 ▼68.4%
Net result drops to €847, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEF SCHEEPERS WIJNGAARDSTRAAT 6,
3700 TONGEREN |
26-03-2024 → present |
| Curator | ELKE NATENS WIJNGAARD-
STRAAT 6, 3700 TONGEREN |
26-03-2024 → present |