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SITIPAC

Active Private limited companyfounded 2017active for 9 yearsRue des Postes 30, 7331 Saint-GhislainKBO/BCE: BE 0676.428.708

Lifetime

8 annual accounts with figures on one time axis
peak €120,311 (2020)
€24,389▼ 66.1%
lowest -€30,741 (2022)
€1,948▼ 95.1%
peak €143,255 (2024)
€89,607▼ 37.4%
€275,874▲ 44.8%
peak 1.2 FTE (2021)
-not published
Board3 names since 2017
2 directors and 1 other
Documentsfilings and deeds
30-04-202692 days before the deadline
2025financial year
Gross margin from €72,048 to €24,389Result from €39,813 to €1,948Dividend €55,596Equity from €143,255 to €89,607Debts from €190,489 to €275,874Cash from €91,389 to €145,719

Key points

from the 2025 annual accounts

Equity

€89,607 ▼ 37.4%
143,2552024+1,948Profit-55,596Dividend89,6072025

SITIPAC paid out €55,596 in dividends. That is 2,854% of the 2025 profit.

Debts

€275,874 75% of the balance sheet
Financial debts 1%Suppliers 67%Taxes and wages 6%Other 26%

Of this, €273,899 falls due within a year.

Filings

8 annual accounts 7 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 122 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,273 companies had the same profile as SITIPAC has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.6%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 3,273 companies, not a prediction for SITIPAC. 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.

Credit verdict

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Signals

Board and ownership

Director, since 02-05-2023
Director, , since 02-01-2024
  • 249 sharesdeed of 01-06-2017
  • 1 sharedeed of 01-06-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0676428708
1 director appointed, 1 resignation Resignation: · Appointment: · Permanent representative: · General meeting of 02-01-2024 · Gazette deed
Appointment: (director) General meeting of 02-05-2023 · Gazette deed
Registered office moved within Saint-Ghislain New registered office: rue des Postes 30, 7331 Saint-Ghislain (ex Baudour) · Previous registered office: rue du Sas 85, 7300 Saint-Ghislain · Change of role: , from manager to director · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
SITIPAC Saint-Ghislain €365,481 €24,389 24.5% -
MILLE SENSI Turnhout €330,480 €20,793 74.3% -
PROJET-SENS Rumes €242,980 €33,254 -30.7% -
DE SLAAPSPECIALIST Ghent €264,078 €21,772 28.0% -
Coupé Houthulst €324,443 €18,082 -36.2% -
CNT Antwerp €305,395 €32,099 43.7% -
MODA Antwerp €334,147 €35,522 62.9% -

These companies have the same main activity as SITIPAC: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €243,000 and €334,000, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 30-05-2017Normal situation
Activity
Retail sale of household furnitureNACE 47551and 2 others
Establishment unit
2.266.777.9547000 Mons, since 30-05-2017
Financial year end
31 December
Peppol
Reachable since 19-01-2026
Company details

Annual accounts 2025

≈ €240,000estimated
€365,481▲ 9.5%
Filing
Filed on 30-04-2026, 92 days before the end of the filing period
Financials

Insights on SITIPAC

SITIPAC has existed since 2017. The gross margin grew from €7,405 in 2018 to €24,389 in 2025.

Solvency fell in 2025 from 42.9% to 24.5% because of the dividend and higher debts to suppliers.

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 SITIPAC

What is the company number of SITIPAC?
The company number of SITIPAC is 0676.428.708. The VAT number is the same number with BE in front: BE 0676.428.708.
Where is SITIPAC based?
The registered office is at Rue des Postes 30, 7331 Saint-Ghislain.Company details
What does SITIPAC do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of SITIPAC?
SITIPAC is a private limited company (BV).
When was SITIPAC founded?
SITIPAC was founded on 30-05-2017.
Is SITIPAC still active?
Yes, SITIPAC is an active enterprise in the KBO register.
How many employees does SITIPAC have?
SITIPAC had an average of 0.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of SITIPAC?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €24,389 and 85 comparable companies (NACE 475). It probably lies between €120,000 and €550,000. It is a rough estimate.
Is SITIPAC profitable?
In financial year 2025, SITIPAC made a profit of €1,948.
Where can I find the annual accounts of SITIPAC?
SITIPAC filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SITIPAC due?
SITIPAC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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