SITABEL
ActiveSummary
The computed 12-month bankruptcy probability of SITABEL is 2.3% (moderate). For SITABEL, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €31,680 and a net result of €16,094. Equity is growing by ~29.8% per year across the filed fiscal years. Its solvency ranks better than 83% of 708 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+95
Solvency94▲+26
Growth39▲+13
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2023Solvency, return and age of the figures
Solvency
69.4%
Return on assets
35.2%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-11-2024, 114 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
114 d late
2022
31 d late
2021
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 57 days after the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€66,299▼ 6.1%
2021 · €70,598
EBIT margin
-7.1%▼ 40.0pp
2021 · 32.9%
Net result
€16,094
2022 · -€4,266
Working capital
€24,279▲ 356%
2022 · €5,325
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Turnover€70,598-€66,299▼ 6.1%
Operating result€23,257--€4,706€15,981
Net result€18,852above the sector's middle half--€4,266below the sector's middle half€16,094within the sector's middle half
EBIT margin32.9%--7.1%▼ 40.0pp
Equity€19,852within the sector's middle half-€15,586within the sector's middle half▼ 21.5%€31,680within the sector's middle half▲ 103%
Total assets€46,615within the sector's middle half-€35,859below the sector's middle half▼ 23.1%€45,671within the sector's middle half▲ 27.4%
Debt€26,763-€20,273▼ 24.3%€13,991▼ 31.0%
Working capital-€5,441within the sector's middle half-€5,325within the sector's middle half€24,279within the sector's middle half▲ 356%
Solvency42.6%within the sector's middle half-43.5%within the sector's middle half▲ 0.9pp69.4%above the sector's middle half▲ 25.9pp
Current ratio0.80below the sector's middle half-1.26within the sector's middle half▲ 0.472.74above the sector's middle half▲ 1.47
Return on assets (ROA)40.4%above the sector's middle half--11.9%below the sector's middle half▼ 52.3pp35.2%above the sector's middle half▲ 47.1pp
above
within
below
the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €15,981 after a loss of €4,706 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €45,671
Fixed assets
€7,400 ▼ 27.9%
Current assets
€38,270 ▲ 49.5%
Equity and liabilities €45,671
Equity
€31,680 ▲ 103%
Debt
€13,991 ▼ 31.0%
Debt's share of the balance-sheet total falls from 56.5% to 30.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18,842▲
2022 · -€1,875
Cash flow
€18,955▲
2022 · -€1,435
Debt to equity
0.44▼
2022 · 1.30
ROE
50.8%▲
2022 · -27.4%
Interest coverage
58.99▲
2022 · -5.32
Debt ≤ 1 year
€13,991▼
2022 · €20,273
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Turnover70 | €70,598 | €66,299 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €46,489 | €54,213 | - | - |
| Remuneration, social security and pensions62 | €37 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €907 | €2,831 | €2,861 | ▲ 1.1% |
| Other operating charges640/8 | €135 | €14,190 | €0 | ▼ 100.0% |
| Gross operating margin9900 | €24,336 | €12,314 | €18,842 | ▲ 53.0% |
| Operating profit (loss)9901 | €23,257 | -€4,706 | €15,981 | ▲ 440% |
| Financial income75/76B | €413 | €793 | €432 | ▼ 45.4% |
| Recurring financial income75 | €413 | €793 | €432 | ▼ 45.4% |
| Financial charges65/66B | €105 | €353 | €319 | ▼ 9.4% |
| Recurring financial charges65 | €105 | €353 | €319 | ▼ 9.4% |
| Profit (loss) for the period before taxes9903 | €23,565 | -€4,266 | €16,094 | ▲ 477% |
| Income taxes67/77 | €4,713 | - | - | - |
| Profit (loss) for the period9904 | €18,852 | -€4,266 | €16,094 | ▲ 477% |
| Profit (loss) for the period to be appropriated9905 | €18,852 | -€4,266 | €16,094 | ▲ 477% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €46,615 | €35,859 | €45,671 | ▲ 27.4% |
| Formation expenses20 | €7,855 | €0 | - | - |
| Fixed assets21/28 | €17,438 | €10,262 | €7,400 | ▼ 27.9% |
| Tangible fixed assets22/27 | €17,438 | €10,262 | €7,400 | ▼ 27.9% |
| Furniture and vehicles24 | €17,438 | €10,262 | €7,400 | ▼ 27.9% |
| Current assets29/58 | €21,322 | €25,597 | €38,270 | ▲ 49.5% |
| Amounts receivable after more than one year29 | - | €9,830 | €7,064 | ▼ 28.1% |
| Other amounts receivable291 | - | €9,830 | €7,064 | ▼ 28.1% |
| Amounts receivable within one year40/41 | €20,725 | €15,406 | €29,392 | ▲ 90.8% |
| Trade receivables40 | €7,576 | €6,002 | €18,439 | ▲ 207% |
| Other amounts receivable41 | €13,149 | €9,404 | €10,953 | ▲ 16.5% |
| Cash at bank and in hand54/58 | €386 | €213 | €1,279 | ▲ 501% |
| Deferred charges and accrued income490/1 | €211 | €148 | €535 | ▲ 261% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €46,615 | €35,859 | €45,671 | ▲ 27.4% |
| Equity10/15 | €19,852 | €15,586 | €31,680 | ▲ 103% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €18,852 | €14,586 | €30,680 | ▲ 110% |
| Amounts payable17/49 | €26,763 | €20,273 | €13,991 | ▼ 31.0% |
| Amounts payable within one year42/48 | €26,763 | €20,273 | €13,991 | ▼ 31.0% |
| Trade debts44 | €17,902 | €8,979 | €3,195 | ▼ 64.4% |
| Suppliers440/4 | €17,902 | €8,979 | €3,195 | ▼ 64.4% |
| Taxes, remuneration and social security45 | €8,861 | €11,294 | €10,796 | ▼ 4.4% |
| Taxes450/3 | €8,861 | €11,294 | €10,796 | ▼ 4.4% |
| Remuneration and social security454/9 | €0 | €0 | - | - |
| Other amounts payable47/48 | €0 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €0 | - | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,852 | -€4,266 | €16,094 | ▲ 477% |
| + Depreciation and write-downs630 | €907 | €2,831 | €2,861 | ▲ 1.1% |
| Operating cash flow (approximation) | €19,759 | -€1,435 | €18,955 | ▲ 1,421% |
| Investment in fixed assets (approximation) | - | €4,346 | €0 | ▼ 100% |
| Change in cash | - | -€173 | €1,066 | ▲ 718% |
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
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
31-12
Financial
Back to profitnet €16,094
Net result €16,094 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.74
Current ratio from 1.26 to 2.74; short-term debt falls from €20,273 to €13,991.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€4,266
Net result drops to -€4,266, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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
Registered office, Namur · 1 establishment unit since 2020
Ground area
1,365 m²
Building footprint
91 m²
Parcel 92052B0120/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SITABEL
since 20202.309.544.759
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92052B0120/00M000 | Wallonia | 1,365 m² | 1 · 91 m² | - |
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 4,920 companies in sector 53200 we hold annual accounts for 1,323. 1,104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded05-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
73110Advertising agencies
Contact
E-mail
aisati_82@hotmail.be
Phone
+32479751707
E-invoicing
Reachable via Peppol
Peppol ID
0208:0757825762
Registered
21-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.