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Site-G

Active
Public limited companyfounded 201313 yrs activeVosveld 1, 2110 Wijnegem, BelgiumKBO/BCE: BE 0534.916.990

Site-G has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.74M and a net result of €30k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 20% of 8091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
61 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▲+1
Solvency45▲+1
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 0.03 in 2023; short-term debt: 1.8% and cash: 2.2% of total assets), but 80.5% 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 riskneutral
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 · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
19.5%
Return on assets
0.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8091 sector peers (2024).
NBB · sector comparison
Position among 8091 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
49 d early
2022
46 d early
2021
38 d early
2020
17 d early
2019
36 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€1.74M▲ 1.7%
2023 · €1.71M
2018: €1.73M 2019: €1.73M 2020: €1.76M 2021: €1.79M 2022: €1.74M 2023: €1.71M
2018 → 2024
Total assets
€8.90M▲ 1.2%
2023 · €8.79M
2018: €9.12M 2019: €9.26M 2020: €9.02M 2021: €9.08M 2022: €9.17M 2023: €8.79M
2018 → 2024
Net result
€30k
2023 · €-28k
2018: €9k 2019: €4k 2020: €30k 2021: €29k 2022: €-54k 2023: €-28k
2018 → 2024
Working capital
€81k
2023 · €-3.42M
2018: €-3.28M 2019: €-3.36M 2020: €-3.44M 2021: €-3.39M 2022: €-3.42M 2023: €-3.42M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.76M-€1.79M▲ 1.6%€1.74M▼ 3.0%€1.71M▼ 1.6%€1.74M▲ 1.7%
Operating result€72k-€166k▲ 132%€87k▼ 47.9%€114k▲ 31.4%€166k▲ 45.5%
Net result€30k-€29k▼ 5.3%€-54k€-28k▲ 47.5%€30k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2020: €72k€72kNet result 2020: €30k€30kOperating result 2021: €166k€166kNet result 2021: €29k€29kOperating result 2022: €87k€87kNet result 2022: €-54k€-54kOperating result 2023: €114k€114kNet result 2023: €-28k€-28kOperating result 2024: €166k€166kNet result 2024: €30k€30k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 45% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.90M
Fixed assets €8.66M▼ 0.1%
Current assets €239k▲ 99.7%
Equity and liabilities €8.90M
Equity €1.74M▲ 1.7%
Provisions €1.01M=
Debt €6.16M▲ 1.3%
The debt ratio stays at 69.1%.
Key figures and ratios
2024 value · change against 2023
EBITDA
€176k=
2023 · €176k
Cash flow
€40k
2023 · €33k
Solvency
19.5%
2023 · 19.4%
Current ratio
1.51
2023 · 0.03
Quick ratio
1.51
2023 · 0.03
Debt / equity
3.54
2023 · 3.56
ROE
1.7%
2023 · -1.7%
ROA
0.3%
2023 · -0.3%
Interest coverage
1.29
2023 · 1.24
Debt
€6.16M
2023 · €6.08M
Debt ≤ 1 year
€158k
2023 · €3.54M
Debt > 1 year
€5.99M
2023 · €2.54M
Income taxes
€177
2023 · €184
Staff costs
€160k
2023 · €166k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€8.79M€8.90M
Fixed assets21/28€8.67M€8.66M
Tangible fixed assets22/27€8.67M€8.66M
Furniture and vehicles24€26k€16k
Assets under construction and advance payments27€8.65M€8.65M=
Current assets29/58€120k€239k
Amounts receivable within one year40/41€48k€40k
Trade receivables40€38k€38k
Other amounts receivable41€10k€1k
Cash at bank and in hand54/58€71k€198k
Deferred charges and accrued income490/1€715€743
Equity and liabilities
Total equity and liabilities10/49€8.79M€8.90M
Equity10/15€1.71M€1.74M
Contributions10/11€180k€180k=
Capital10€180k€180k=
Issued capital100€180k€180k=
Revaluation surpluses12€3.57M€3.57M=
Profit (loss) carried forward14€-2.04M€-2.01M
Provisions and deferred taxes16€1.01M€1.01M=
Provisions for liabilities and charges160/5€1.01M€1.01M=
Other liabilities and charges164/5€1.01M€1.01M=
Amounts payable17/49€6.08M€6.16M
Amounts payable after more than one year17€2.54M€5.99M
Financial debts170/4-€5.99M
Other amounts payable178/9€2.54M-
Amounts payable within one year42/48€3.54M€158k
Trade debts44€60k€10k
Suppliers440/4€60k€10k
Taxes, remuneration and social security45€19k€18k
Remuneration and social security454/9€19k€18k
Other amounts payable47/48€3.46M€130k
Accrued charges and deferred income492/3€5k€5k
Income statement Code20232024
Non-recurring operating income76A€2k€0
Remuneration, social security and pensions62€166k€160k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€10k
Other operating charges640/8€14k€15k
Gross operating margin9900€356k€350k
Operating profit (loss)9901€114k€166k
Financial charges65/66B€142k€136k
Recurring financial charges65€142k€136k
Profit (loss) for the period before taxes9903€-28k€30k
Income taxes67/77€184€177
Profit (loss) for the period9904€-28k€30k
Profit (loss) for the period to be appropriated9905€-28k€30k
Appropriation of the result
Profit (loss) to be appropriated9906€-2.04M€-2.01M
Profit (loss) brought forward from the previous period14P€-2.02M€-2.04M
Social balance
Average headcount (FTE)90872.52.4

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €30k
Net result €30k after 2 loss-making years.
31-12
Financial Liquidity times 45current ratio 1.51
Current ratio from 0.03 to 1.51; short-term debt falls from €3.54M to €158k.
12-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €-54k ▼288%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
23-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €30k ▲623%
Net result €30k, the highest in the series.
25-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-02-2025 Ernest Smeets: Resigned as Director
12-02-2021 Hedwig Natasja Smeets: Resigned as Director
Location & real-estate footprint
Registered office, Wijnegem · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Vosveld 12110 Wijnegem
Ground area
2.3 ha
Building footprint
1.6 ha
Volume, LiDAR
125,071 m³
Parcel 11050A0062/00Z003, Flanders · tallest building 39.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vosveld 1, 2110 Wijnegem
Renting and operating of own or leased non-residential real estate, excluding land
since 20132.220.021.875
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0062/00Z003 Flanders 2.3 ha 1 · 1.6 ha 39.1 m · 3 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 125 EUR awarded · 125 EUR paid
Year Entries awardedpaid
2024 1 125 EUR125 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 125 EUR · 125 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 21,772 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded03-06-2013
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.