Siteco
ActiveThe computed 12-month bankruptcy probability of Siteco is 2.2% (moderate). The 2025 annual accounts show equity of €110k and a net result of €88k. Equity is growing by ~216% per year across the filed fiscal years. Its solvency ranks better than 34% of 2153 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
76
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency35▼-11
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.24 in 2024), and 76.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-10-2025, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
6 d early
2023
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€110k▲ 395%
2024 · €22k
2023: €14k
2024: €22k
2023 → 2025
Total assets
€468k▲ 465%
2024 · €83k
2023: €84k
2024: €83k
2023 → 2025
Net result
€88k▲ 979%
2024 · €8k
2023: €9k
2024: €8k
2023 → 2025
Working capital
€14k▲ 91.4%
2024 · €8k
2023: €22
2024: €8k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€14k-€22k▲ 57.8%€110k▲ 395%
Operating result€13k-€14k▲ 4.7%€124k▲ 793%
Net result€9k-€8k▼ 10.2%€88k▲ 979%
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 has risen two years in a row; 2025 is 793% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468k
Fixed assets
€210k▲ 386%
Current assets
€259k▲ 551%
Equity and liabilities €468k
Equity
€110k▲ 395%
Debt
€359k▲ 491%
The debt ratio rises from 73.3% to 76.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€154k▲
2024 · €29k
Cash flow
€117k▲
2024 · €23k
Solvency
23.4%▼
2024 · 26.7%
Current ratio
1.06▼
2024 · 1.24
Quick ratio
1.03▼
2024 · 1.24
Debt / equity
3.27▲
2024 · 2.74
ROE
79.8%▲
2024 · 36.6%
ROA
18.7%▲
2024 · 9.8%
Interest coverage
38.79▲
2024 · 12.59
Debt
€359k▲
2024 · €61k
Debt ≤ 1 year
€244k▲
2024 · €32k
Debt > 1 year
€114k▲
2024 · €28k
Income taxes
€33k▲
2024 · €4k
Staff costs
€87k▲
2024 · €15k
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€83k€468k▲
Fixed assets21/28€43k€210k▲
Tangible fixed assets22/27€43k€202k▲
Plant, machinery and equipment23€583€72k▲
Furniture and vehicles24€16k€99k▲
Leasing and similar rights25€27k€31k▲
Financial fixed assets28-€8k
Current assets29/58€40k€259k▲
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€26k€168k▲
Trade receivables40€23k€124k▲
Other amounts receivable41€3k€44k▲
Cash at bank and in hand54/58€14k€81k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€83k€468k▲
Equity10/15€22k€110k▲
Contributions10/11€5k€5k=
Outside capital11€5k-
Other1109/19€5k-
Reserves13€17k€105k▲
Distributable reserves133€17k€105k▲
Amounts payable17/49€61k€359k▲
Amounts payable after more than one year17€28k€114k▲
Financial debts170/4€28k€114k▲
Amounts payable within one year42/48€32k€244k▲
Current portion of amounts payable after more than one year42€14k€41k▲
Trade debts44€3k€145k▲
Suppliers440/4€3k€145k▲
Taxes, remuneration and social security45€9k€42k▲
Taxes450/3€4k€34k▲
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€6k€16k▲
Accrued charges and deferred income492/3€168€622▲
Income statement
Code20242025
Remuneration, social security and pensions62€15k€87k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€30k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€46k€253k▲
Operating profit (loss)9901€14k€124k▲
Financial income75/76B€40€894▲
Recurring financial income75€40€894▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€12k€121k▲
Income taxes67/77€4k€33k▲
Profit (loss) for the period9904€8k€88k▲
Profit (loss) for the period to be appropriated9905€8k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€88k▲
Transfer to equity691/2€8k€88k▲
To other reserves6921€8k€88k▲
Social balance
Average headcount (FTE)9087-1.8
The notes to these accounts (13 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
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2023net €88k ▲979%
Operating result €124k, net result €88k, both a record.
31-03
Financial
Equity above €100kEq €110k ▲395%
3 profitable years in a row build equity to €110k.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €8k ▼10.2%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudsbergen · 1 establishment unit since 2022
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.
Molenweg 82A3660 OudsbergenGround area
1,697 m²
Building footprint
194 m²
Volume, LiDAR
288 m³
Parcel 71047A0600/00F000, Flanders · tallest building 11.3 m. Linked by address, not a title deed.
1 establishment unit
Siteco
since 20222.329.122.131
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71047A0600/00F000 | Flanders | 1,697 m² | 1 · 194 m² | 11.3 m |
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
2022 to 2024 · 3 entries · 780 EUR awarded · 830 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 118 EUR | 118 EUR |
| 2023 | 1 | 495 EUR | 545 EUR |
| 2022 | 1 | 167 EUR | 167 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
VIKABI
BE 0728.738.036
Affligem · Eq €110k
Y.B. CONSTRUCT
BE 0563.976.212
Beringen · Eq €110k
PROFESSIONNAL CONSTRUCTION BUILDING
BE 0773.818.587
Steenokkerzeel · Eq €110k
WOUTERS ALGEMENE AANNEMINGEN
BE 0414.979.163
Putte · Eq €110k
DIOP BOUW
BE 0778.680.960
Kaprijke · Eq €110k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 13,044 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2022
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
46831Wholesale of construction materials, general range
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.