SitDown!
ActiveSummary
SitDown! has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €724,466 and a net result of €155,006. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 61% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-11-2006 Normal situation
- Activity
- Retail sale of household furniture NACE 47551and 3 others
- Joint committee
- 226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
- Establishment unit
- 2.157.384.522 9140 Temse, since 16-11-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 15-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €407,877
- ▲ 37.2%
- Turnover
- ≈ €2.1m
- estimated
- Profit
- €155,006
- ▲ 203%
- Equity
- €724,466
- ▲ 27.2%
- Total assets
- €1.6m
- ▼ 6.4%
- Employees on 31-12-2025
- 1
- =
- 2025 accounts filed 20 days after the deadline
Score breakdownraises riskLast filed accounts filed 20 days late; 1 of the last 3 accounts lateLiquidity: current ratio 1.75, cash €6,815lowers riskSize: total assets €1.6mFounded in 2006Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 61% of them on solvency, 43% on liquidity, 73% on profitability and 78% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 20 days after the deadline Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00410644.
Annual accounts 2025 filed on 20-08-2026 at the NBB all 19 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 92% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 1 | 1 | 1 |
| full-time | 1 | 1 | - | - | - |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1.8 | 1.8 | 0.8 | 0.8 | 0.8 |
| Average over the year, in full-time equivalents | 1 | 1.8 | 1 | 0.8 | 0.8 |
| On a permanent contract | 2 | 2 | 1 | 1 | 1 |
| Joined | 1 | - | 0 | - | - |
| Left | 0 | - | 1 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €382,180 | €305,956 | €65,197 | €50,536 | €49,365 |
| Financial fixed assets | €18,750 | €2,250 | €81,050 | €29,043 | - |
| Depreciation and write-downs of the year | €81,218 | €68,195 | €87,322 | €87,574 | €61,244 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as SitDown!: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 2004 and 2010.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| SitDown! Temse | 2006 | €1.6m | €0.7m | €0.4m | €0.2m | - | 2025 |
| INTERIOO Beveren-Kruibeke-Zwijndrecht | 2008 | €1.9m | €1.4m | €0.4m | €0.1m | 4.4 | 2025 |
| DOMMEL Sint-Niklaas | 2010 | €1.5m | €0.5m | €0.4m | €0.1m | 3 | 2025 |
| VAN DE MIEROP KEUKENS Rijkevorsel | 2006 | €1.7m | €0.8m | €0.4m | €0.1m | - | 2025 |
| SARINVEST Charleroi | 2004 | €1.5m | €0.8m | €0.4m | €0.1m | 3.5 | 2025 |
| DHENDRO Genk | 2006 | €1.4m | €0.2m | €0.5m | €0.1m | 5.1 | 2025 |
| LITERIE VAN KEIRSBILCK Brussel | 2007 | €1.6m | €0.8m | €0.5m | €0.05m | 7.2 | 2025 |
They were chosen from the 1,748 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 34,693 companies had the same profile as SitDown! has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of SitDown! itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for SitDown!. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €14,181 | €15,087 | €29,935 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €61,088 | €85,118 | €69,135 | €64,980 | €66,898 | ▲ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,691 | €43,616 | €43,450 | €81,218 | €68,195 | €87,322 | €87,574 | €61,244 | ▼ 30.1% |
| Other operating charges640/8 | - | - | - | €19,071 | €22,274 | €9,890 | €5,928 | €13,928 | ▲ 135% |
| Gross operating margin9900 | €134,698 | €178,564 | €223,809 | €363,803 | €292,025 | €277,497 | €297,189 | €407,877 | ▲ 37.2% |
| Operating profit (loss)9901 | €78,826 | €58,381 | €126,823 | €202,426 | €116,439 | €111,150 | €138,707 | €265,807 | ▲ 91.6% |
| Financial income75/76B | - | - | - | €6,546 | €8,675 | €3,353 | €29 | €4 | ▼ 86.6% |
| Recurring financial income75 | €6,683 | €8,590 | €7,329 | €6,546 | €8,675 | €3,353 | €29 | €4 | ▼ 86.6% |
| Financial charges65/66B | - | - | - | €34,681 | €38,765 | €48,009 | €51,795 | €51,627 | ▼ 0.3% |
| Recurring financial charges65 | €31,911 | €31,918 | €30,268 | €34,681 | €38,765 | €48,009 | €51,795 | €51,627 | ▼ 0.3% |
| Profit (loss) for the period before taxes9903 | €53,597 | €35,053 | €103,884 | €174,291 | €86,350 | €66,494 | €86,941 | €214,184 | ▲ 146% |
| Income taxes67/77 | €15,114 | €9,342 | €22,645 | €56,696 | €30,556 | €22,721 | €35,835 | €59,178 | ▲ 65.1% |
| Profit (loss) for the period9904 | €38,483 | €25,711 | €81,238 | €117,595 | €55,794 | €43,773 | €51,105 | €155,006 | ▲ 203% |
| Profit (loss) for the period to be appropriated9905 | €38,483 | €25,711 | €81,238 | €117,595 | €55,794 | €43,773 | €51,105 | €155,006 | ▲ 203% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.0m | €1.2m | €1.5m | €1.8m | €1.7m | €1.7m | €1.6m | ▼ 6.4% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.8m | €1.1m | €1.3m | €1.3m | €1.3m | €1.0m | ▼ 20.5% |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €0.8m | €1.0m | €1.3m | €1.2m | €1.2m | €0.9m | ▼ 22.3% |
| Land and buildings22 | - | - | - | €1.0m | €1.2m | €1.2m | €1.1m | €0.9m | ▼ 21.4% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.003m | €0.001m | €38 | €0.01m | ▲ 328× |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.08m | €0.05m | €0.04m | €0.007m | ▼ 82.7% |
| Financial fixed assets28 | - | €410 | €0.007m | €0.03m | €0.03m | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €0.3m | €0.3m | €0.4m | €0.5m | €0.5m | €0.4m | €0.4m | €0.6m | ▲ 38.9% |
| Amounts receivable after more than one year29 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | = |
| Other amounts receivable291 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | = |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.08m | €0.1m | €0.2m | €0.2m | €0.2m | €0.4m | ▲ 60.2% |
| Trade receivables40 | - | - | - | €0.1m | €0.2m | €0.09m | €0.1m | €0.2m | ▲ 91.0% |
| Other amounts receivable41 | - | - | - | €0.002m | €0.001m | €0.1m | €0.1m | €0.2m | ▲ 37.7% |
| Cash at bank and in hand54/58 | - | - | €0.03m | €0.03m | €0.02m | €77 | €77 | €0.007m | ▲ 89× |
| Deferred charges and accrued income490/1 | - | - | - | €401 | €401 | €0.002m | €0.002m | €0.004m | ▲ 143% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €1.2m | €1.5m | €1.8m | €1.7m | €1.7m | €1.6m | ▼ 6.4% |
| Equity10/15 | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | €0.5m | €0.6m | €0.7m | ▲ 27.2% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | €0.5m | €0.6m | €0.6m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.4m | €0.5m | €0.5m | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | - | €0.2m | - |
| Amounts payable17/49 | €0.8m | €0.8m | €0.9m | €1.1m | €1.3m | €1.2m | €1.1m | €0.8m | ▼ 23.8% |
| Amounts payable after more than one year17 | €0.6m | €0.7m | €0.7m | €0.9m | €0.9m | €0.8m | €0.8m | €0.5m | ▼ 31.8% |
| Financial debts170/4 | - | - | - | €0.9m | €0.9m | €0.8m | €0.8m | €0.5m | ▼ 31.8% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.2m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 5.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 2.1% |
| Financial debts43 | - | - | - | - | - | €0.07m | €0.05m | €0.03m | ▼ 51.9% |
| Credit institutions430/8 | - | - | - | - | - | €0.07m | €0.05m | €0.03m | ▼ 51.9% |
| Trade debts44 | €0.02m | €0.02m | €0.06m | €0.07m | €0.2m | €0.07m | €0.1m | €0.08m | ▼ 14.7% |
| Suppliers440/4 | - | - | - | €0.07m | €0.2m | €0.07m | €0.1m | €0.08m | ▼ 14.7% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.001m | €0.001m | €0.04m | ▲ 34× |
| Taxes, remuneration and social security45 | - | - | - | €0.09m | €0.1m | €0.08m | €0.08m | €0.06m | ▼ 23.2% |
| Taxes450/3 | - | - | - | €0.07m | €0.07m | €0.05m | €0.07m | €0.05m | ▼ 23.5% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.04m | €0.03m | €0.01m | €0.01m | ▼ 22.0% |
| Other amounts payable47/48 | - | - | - | €0.01m | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,483 | €25,711 | €81,238 | €117,595 | €55,794 | €43,773 | €51,105 | €155,006 | ▲ 203% |
| + Depreciation and write-downs630 | €36,691 | €43,616 | €43,450 | €81,218 | €68,195 | €87,322 | €87,574 | €61,244 | ▼ 30.1% |
| Operating cash flow (approximation) | €75,175 | €69,327 | €124,689 | €198,813 | €123,989 | €131,095 | €138,679 | €216,250 | ▲ 55.9% |
| Investment in fixed assets (approximation) | - | -€40,838 | -€148,435 | -€333,535 | -€305,297 | -€91,979 | -€44,904 | €199,808 | - |
| Change in cash | - | - | - | €2,640 | -€14,760 | -€15,756 | €0 | €6,738 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-08-2026 | 2026-00410644 | NBB |
| 31-12-2024 | micro format | 30-10-2025 | 2025-00554100 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00320927 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00354893 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20140405 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-29200553 | |
| 31-12-2019 | micro format | 27-07-2020 | 2020-34700588 | |
| 31-12-2018 | micro format | 20-06-2019 | 2019-20700437 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-50000139 | |
| 31-12-2016 | micro format | 03-08-2017 | 2017-41000063 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 21-11-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Rollé Herman |
|
| Dunsche Claudia |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene kosten los van representatie- reis- en verplaatsingskosten, algemene vergadering beslist al dan niet ten kosteloze titel”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Alle aandelen op naam met volgnummer, aandeelhouders mogen kennis nemen betreffende hun effecten”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden bevoegdheden omlijnen vergoeding bepalen”
Articles of association, deed of 21-11-2023 (in Dutch)
Network & group
SitDown! shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of SitDown!. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-11
Gazette deed
Resignation: Dunsche Claudia (director)3 points ▸
- General meeting, 01-04-2025
- Director resignation, Dunsche Claudia (director)
- Director in office, Herman Rollé (director)
21-11
Gazette deed
Resignations: Rollé Herman (manager) and Dunsche Claudia (manager)Reappointments: Rollé Herman (director) and Dunsche Claudia (director) · Amendment of the articles · Capital conversion14 points ▸
- General meeting, 25-10-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Other provision, “eenparigheid van stemmen, ontslag voorzitter van voorlezing verslag bestuursorgaan over voorwerpwijziging” (deed in Dutch)
- Purpose change
- Capital
- Other provision, “statutair onbeschikbare eigen vermogensrekening, Nihil” (deed in Dutch)
- Director resignation, Rollé Herman (manager)
- Director reappointment, Rollé Herman (director (not named in the articles))
- Director resignation, Dunsche Claudia (manager)
- Director reappointment, Dunsche Claudia (director (not named in the articles))
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
2 activities
- De handelsbemiddeling, aan- en verkoop van meubelen, kleding en rariteiten, van tweedehandsgoederen zoals meubelen, afbraakmaterialen, kleding en rariteiten, brocante enzovoort en van speelgoed, alsmede van alle daarmee samenhangende artikelen en producten, evenals het verrichten van alle handelingen en het verlenen van alle diensten die hiermede ook maar enigszins verband houden.
- Het ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen als industriële designer: het ontwerpen en het uitwerken van voorontwerpen en specificaties die de functie, de waarde en het uiterlijk van de producten optimaliseren, dit met inbegrip van de materiaal-, constructie-, mechanisme-, vorm- en kleurenkeuze alsook met inbegrip van de afwerking van de producten. Hierbij dient wel rekening gehouden te worden met menselijke factoren, met de veiligheid, met de commerciële aantrekkelijkheid en de mogelijkheid tot produceren, met de distributiemogelijkheden alsook met het gebruik en het onderhoud. Alsook als interieurdecorateur.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46302D1362/00F000 | Flanders | 4,821 m² | 1 · 277 m² | 20.2 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.