SITAS
ActiveSITAS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.25M and a net result of €8k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▲+2
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 8.38 in 2024), and 20.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.7%
Return on assets
0.3%
Age of the figures
8 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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
2 d early
2023
8 d early
2022
14 d early
2021
23 d early
2020
13 d late
2019
49 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€120k
EBIT margin
755.6%
Net result
€8k
2024 · €-12k
2018: €539k
2019: €526k
2020: €490k
2021: €278k
2022: €597k
2023: €-129k
2024: €-12k
2018 → 2025
Working capital
€596k▼ 36.3%
2024 · €935k
2018: €855k
2019: €1.22M
2020: €659k
2021: €882k
2022: €1.29M
2023: €961k
2024: €935k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€120k
Equity€2.51M-€2.98M▲ 18.6%€2.65M▼ 11.0%€2.64M▼ 0.5%€2.25M▼ 14.8%
Operating result€431k-€905k▲ 110%€-132k€-35k▲ 73.7%€8k
Net result€278k-€597k▲ 115%€-129k€-12k▲ 90.4%€8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8k after a loss of €35k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.82M
Fixed assets
€1.78M▼ 3.7%
Current assets
€1.04M▼ 2.4%
Equity and liabilities €2.82M
Equity
€2.25M▼ 14.8%
Debt
€572k▲ 109%
The debt ratio rises from 9.4% to 20.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€91k▲
2024 · €50k
Cash flow
€91k▲
2024 · €73k
Solvency
79.7%▼
2024 · 90.6%
Current ratio
2.35▼
2024 · 8.38
Quick ratio
2.33▼
2024 · 8.31
Debt / equity
0.25▲
2024 · 0.10
ROE
0.4%▲
2024 · -0.5%
ROA
0.3%▲
2024 · -0.4%
Interest coverage
13.79▲
2024 · 7.35
Debt
€572k▲
2024 · €274k
Debt ≤ 1 year
€441k▲
2024 · €127k
Debt > 1 year
€118k▼
2024 · €143k
Income taxes
€435▲
2024 · €418
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.91M€2.82M▼
Fixed assets21/28€1.85M€1.78M▼
Tangible fixed assets22/27€1.85M€1.78M▼
Land and buildings22€1.80M€1.73M▼
Furniture and vehicles24€7k€3k▼
Other tangible fixed assets26€49k€49k=
Current assets29/58€1.06M€1.04M▼
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€74k€12k▼
Trade receivables40€50k€3k▼
Other amounts receivable41€24k€9k▼
Current investments50/53€868k€879k▲
Cash at bank and in hand54/58€105k€132k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€2.91M€2.82M▼
Equity10/15€2.64M€2.25M▼
Contributions10/11€19k€19k=
Reserves13€2.62M€2.22M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2.62M€2.22M▼
Profit (loss) carried forward14€4k€12k▲
Amounts payable17/49€274k€572k▲
Amounts payable after more than one year17€143k€118k▼
Financial debts170/4€143k€118k▼
Amounts payable within one year42/48€127k€441k▲
Current portion of amounts payable after more than one year42€80k€25k▼
Financial debts43€912€239▼
Credit institutions430/8€912€239▼
Trade debts44€15k€7k▼
Suppliers440/4€15k€7k▼
Taxes, remuneration and social security45€8k€25k▲
Taxes450/3€8k€25k▲
Other amounts payable47/48€22k€384k▲
Accrued charges and deferred income492/3€4k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€83k▼
Other operating charges640/8€16k€16k▼
Gross operating margin9900€66k€106k▲
Operating profit (loss)9901€-35k€8k▲
Financial income75/76B€30k€7k▼
Recurring financial income75€30k€7k▼
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€-12k€9k▲
Income taxes67/77€418€435▲
Profit (loss) for the period9904€-12k€8k▲
Profit (loss) for the period to be appropriated9905€-12k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€12k▲
Profit (loss) brought forward from the previous period14P€16k€4k▼
Transfer from equity791/2€0€400k▲
Profit to be distributed694/7€0€400k▲
Return on contributions (dividend)694€0€400k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-129k ▼122%
Net result drops to €-129k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €597k ▲115%
Operating result €905k, net result €597k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
31-12
Financial
Equity above €2MEq €2.30M ▲27.1%
3 profitable years in a row build equity to €2.30M.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Etterbeek · 1 establishment unit since 1991
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.
Tervurenlaan 161040 EtterbeekGround area
1,763 m²
Building footprint
418 m²
Volume, LiDAR
8,894 m³
Parcel 21005A0570/00X004, Brussels · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
MERIT & THRUST BELGIUM
since 19912.054.895.708
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0570/00X004 | Brussels | 1,763 m² | 1 · 418 m² | 26.2 m · 7 fl. |
Linked by address, not proof of ownership
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.
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DADEKK
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ARKIMEDES MANAGEMENT
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FINANCIEEL ADVIES VANNEVEL
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 18,756 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-1991
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.