Equity
€3,000 from €181,086 in 2024
Equity fell by 98% in 1 year.
SITIO DEVELOPMENT
Lifetime
6 annual accounts with figures on one time axispeak €199,534 (2024)
€100,320▼ 49.7%
lowest -€5,292 (2021)
€69,499▼ 52.5%
peak €181,086 (2024)
€3,000▼ 98.3%
€254,409▲ 558%
Board1 name since 2019
-
Documentsfilings and deeds
28-04-20262 days before the deadline
2025micro format
Gross margin from €199,534 to €100,320Result from €146,288 to €69,499Dividend €232,584Equity from €181,086 to €3,000Debts from €38,678 to €254,409
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The micro format states no turnover.
Debts
€254,409 99% of the balance sheet
Suppliers 1%Taxes and wages 20%Other 79%
Liquidity
0.99 was 5.37 in 2024
Short-term debts rose from €38,678 to €254,409.
Filings
6 annual accounts 3 late
The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
1.2%
Lower solvency than 90% of companies in head offices and management consultancy. Sector median 55.5% · 39,364 companies.
Checked score
92
Excellent
Financially stronger than 33% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: 0.1%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.1%● unchanged vs 05-2026highest value
07-2026: 0.1%● unchanged vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €3,000 (1.2% of total assets)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 0.99, cash €237,089
Size: total assets €257,409
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 70, micro). It does better than 10% of them on solvency, 33% on liquidity, 84% on profitability and 3% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as SITIO DEVELOPMENT has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of SITIO DEVELOPMENT itself is lower: 0.1% within 12 months. It rests on far more data about SITIO DEVELOPMENT than the profile alone.
Test of the method
The method was tested on the 497,447 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 2,153 companies, not a prediction for SITIO DEVELOPMENT. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 39364 sector peers (2025).
NBB · sector comparisonPosition among 39364 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 days early
2024
1 day early
2023
8 days early
2022
5 days late
2021
31 days late
2020
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 5 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Board and ownership
last known board- LECHAT Frédéric Bruno Anne Olivier Marie Ghislain 100 sharesdeed of 26-07-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0731562716
Incorporation
Founding capital of €3,000, 100 shares · Founder: LECHAT Frédéric Bruno Anne Olivier Marie Ghislain · Appointment: LECHAT Frédéric Bruno Anne Olivier Marie Ghislain (director) · published on 26-07-2019 · Gazette deed
First establishment
Drève du Fory 3A, Rixensart
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SITIO DEVELOPMENT Rixensart | €257,409 | €100,320 | 1.2% | - |
| HM CONSULTING Lasne | €250,925 | €91,702 | 43.0% | - |
| CM4S Rebecq | €264,241 | €104,942 | 7.7% | - |
| N.D.S. CONSULTING Rixensart | €253,127 | €89,313 | 72.5% | - |
| LUCILIUS Braine-l'Alleud | €275,558 | €87,308 | 42.9% | - |
| TERANOVA Ottignies-Louvain-la-Neuve | €244,916 | €84,976 | 68.3% | - |
| MEAG Leadershîp Lasne | €239,474 | €118,357 | 44.5% | - |
These companies have the same main activity as SITIO DEVELOPMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €239,000 and €276,000, founded in 2019.
Official details
Source: KBO- Status
- Active since 24-07-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.292.594.2081331 Rixensart, since 24-07-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 18-05-2026
Annual accounts to 30-09-2025
- €257,409▲ 17.1%
- Filing
- Filed on 28-04-2026, 2 days before the end of the filing period
Insights on SITIO DEVELOPMENT
SITIO DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from €26,624 in 2020 to €100,320 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SITIO DEVELOPMENT
- What is the company number of SITIO DEVELOPMENT?
- The company number of SITIO DEVELOPMENT is 0731.562.716. The VAT number is the same number with BE in front: BE 0731.562.716.
- Where is SITIO DEVELOPMENT based?
- The registered office is at Drève du Fory 3A, 1331 Rixensart.Company details
- What does SITIO DEVELOPMENT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of SITIO DEVELOPMENT?
- SITIO DEVELOPMENT is a private limited company (BV).
- When was SITIO DEVELOPMENT founded?
- SITIO DEVELOPMENT was founded on 24-07-2019.
- Is SITIO DEVELOPMENT still active?
- Yes, SITIO DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of SITIO DEVELOPMENT?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €100,320 and 109 comparable companies (NACE 70200). It probably lies between €140,000 and €200,000. In financial year 2020 turnover was €80,239.Financials
- Is SITIO DEVELOPMENT profitable?
- In financial year 2025, SITIO DEVELOPMENT made a profit of €69,499.
- Where can I find the annual accounts of SITIO DEVELOPMENT?
- SITIO DEVELOPMENT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SITIO DEVELOPMENT due?
- SITIO DEVELOPMENT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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