SITIS
ActiveSITIS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 7912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
66
/ 100
Healthy▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-58
Solvency40▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.54 in 2024), but 90.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.6%
Return on assets
0.8%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7912 sector peers (2025).
NBB · sector comparisonPosition among 7912 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €93k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d early
2023
on the day
2022
39 d late
2021
89 d late
2020
31 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€93k▲ 9.3%
2024 · €85k
2018: €-304k
2019: €-583k
2020: €-761k
2021: €-936k
2022: €52k
2023: €66k
2024: €85k
2018 → 2025
Total assets
€962k▲ 0.2%
2024 · €960k
2018: €1.59M
2019: €1.72M
2020: €1.65M
2021: €1.28M
2022: €1.20M
2023: €1.05M
2024: €960k
2018 → 2025
Net result
€8k▼ 57.2%
2024 · €18k
2018: €-452k
2019: €-279k
2020: €-178k
2021: €-175k
2022: €988k
2023: €14k
2024: €18k
2018 → 2025
Working capital
€487k▼ 1.3%
2024 · €494k
2018: €343k
2019: €359k
2020: €292k
2021: €259k
2022: €579k
2023: €586k
2024: €494k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-936k-€52k€66k▲ 27.7%€85k▲ 27.7%€93k▲ 9.3%
Operating result€-191k-€999k€17k▼ 98.3%€21k▲ 25.0%€27k▲ 27.8%
Net result€-175k-€988k€14k▼ 98.5%€18k▲ 27.6%€8k▼ 57.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €962k
Fixed assets
€167k▲ 14.5%
Current assets
€795k▼ 2.3%
Equity and liabilities €962k
Equity
€93k▲ 9.3%
Debt
€869k▼ 0.6%
The debt ratio falls from 91.2% to 90.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€57k▲
2024 · €43k
Cash flow
€38k▼
2024 · €40k
Solvency
9.6%▲
2024 · 8.8%
Current ratio
2.58▲
2024 · 2.54
Quick ratio
1.41▼
2024 · 1.44
Debt / equity
9.39▼
2024 · 10.32
ROE
8.5%▼
2024 · 21.7%
ROA
0.8%▼
2024 · 1.9%
Interest coverage
18.96▼
2024 · 49.26
Debt
€869k▼
2024 · €875k
Debt ≤ 1 year
€308k▼
2024 · €321k
Debt > 1 year
€561k▲
2024 · €534k
Income taxes
€17k▲
2024 · €2k
Staff costs
€170k▲
2024 · €118k
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€960k€962k▲
Fixed assets21/28€146k€167k▲
Tangible fixed assets22/27€143k€164k▲
Land and buildings22€129k€109k▼
Plant, machinery and equipment23€14k€11k▼
Furniture and vehicles24-€30k
Leasing and similar rights25-€15k
Other tangible fixed assets26-€0
Assets under construction and advance payments27-€0
Financial fixed assets28€3k€3k=
Current assets29/58€814k€795k▼
Stocks and contracts in progress3€354k€361k▲
Stocks30/36€354k€361k▲
Amounts receivable within one year40/41€364k€315k▼
Trade receivables40€362k€315k▼
Other amounts receivable41€2k€614▼
Cash at bank and in hand54/58€94k€88k▼
Deferred charges and accrued income490/1€2k€31k▲
Equity and liabilities
Total equity and liabilities10/49€960k€962k▲
Equity10/15€85k€93k▲
Contributions10/11€119k€119k=
Reserves13€67k€67k=
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Distributable reserves133€55k€55k=
Profit (loss) carried forward14€-101k€-93k▲
Amounts payable17/49€875k€869k▼
Amounts payable after more than one year17€534k€561k▲
Financial debts170/4-€27k
Trade debts175€386k€386k=
Other amounts payable178/9€148k€148k=
Amounts payable within one year42/48€321k€308k▼
Current portion of amounts payable after more than one year42-€10k
Trade debts44€289k€272k▼
Suppliers440/4€289k€272k▼
Taxes, remuneration and social security45€32k€26k▼
Taxes450/3€26k€12k▼
Remuneration and social security454/9€6k€13k▲
Accrued charges and deferred income492/3€20k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€118k€170k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€30k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20k€13k▼
Other operating charges640/8€11k€14k▲
Gross operating margin9900€192k€254k▲
Operating profit (loss)9901€21k€27k▲
Financial income75/76B€130€0▼
Recurring financial income75€130€0▼
Financial charges65/66B€878€3k▲
Recurring financial charges65€878€3k▲
Profit (loss) for the period before taxes9903€21k€24k▲
Income taxes67/77€2k€17k▲
Profit (loss) for the period9904€18k€8k▼
Profit (loss) for the period to be appropriated9905€18k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-101k€-93k▲
Profit (loss) brought forward from the previous period14P€-119k€-101k▲
Social balance
Average headcount (FTE)90872.03.0▲
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
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 39 days late
2022
31-12
Financial
Back to profitnet €988k
Net result €988k after 4 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
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 2023
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.
02-02-2023
MT Management NV: Resigned as Director
02-02-2023
PTM - Consult NV: Resigned as Director
Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 1986
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.
Esperantolaan 33300 TienenGround area
4,576 m²
Building footprint
1,978 m²
Volume, LiDAR
15,324 m³
Parcel 24592F0246/00S000, Flanders · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SITIS
since 19862.029.118.947
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24592F0246/00S000 | Flanders | 4,576 m² | 1 · 1,978 m² | 8.5 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.
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van Caster 2
BE 0567.807.316
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Kantoorprofi Belgie
BE 0578.903.126
Wommelgem · Eq €98k
BIBLIDESIGN
BE 0808.841.923
Aartselaar · Eq €98k
H & V CARPETS
BE 0438.941.430
Lendelede · Eq €86k
AZPC
BE 0643.926.283
Charleroi · Eq €110k
Of 189 companies in sector 46472 we hold annual accounts for 121. 85 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-03-1986
Fiscal year end31-12
Activities, NACEBEL
46472Wholesale trade
46494Wholesale of non-electrical household articles
46650Wholesale trade
51471
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.