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SITROP

Active Public limited companyfounded 1998active for 28 yearsDeken De Winterstraat 40, 2600 AntwerpKBO/BCE: BE 0463.956.245

Lifetime

19 annual accounts with figures on one time axis, 26 filings since 2000
peak of €1.6m in 2014
€263,964▼ 12.5%
lowest -€563,850 in 2012
-€410,988▼ €324,803
peak of €745,472 in 2007
-€1.1m▼ €410,988
€8.7m▲ 15.8%
peak of 1 FTE in 2020
0.9 FTE▼ 10.0%
Board2 names since 2015
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025abbreviated format
Gross margin from €301,671 to €263,964Loss of €410,988Staff from 1 FTE to 0.9 FTEEquity from -€693,418 to -€1.1mDebts from €7.5m to €8.7mInvestments €1.8m

Key points

from the 2025 annual accounts

Equity

-€1.1m
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€410,988 ▼ 377%
-€86,2002024-€411,0002025

The result fell in 2025 from -€86,185 to -€410,988.

Turnover

≈ €650,000 estimated

The abbreviated format states no turnover.

Debts

€8.7m 105% of the balance sheet
Financial debts 29%Suppliers 0%Taxes and wages 0%Other 71%

Of this, €6.2m falls due within a year.

Investments

€1.8m 3.6 times depreciation
2022202320242025

Green is investment, beige is depreciation. Land and buildings stand 27.2% higher than in 2024.

Position in the sector

-€410,988

Lower net result than 95% of companies in real estate. Sector median €12,745 · 12,436 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,795 companies had the same profile as SITROP has now. Each dot stands for 7 companies, two years later.

90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% 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 2,795 companies, not a prediction for SITROP. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director,

Shares in 1 company,

Board & ownership

Recent changes

2 establishments registered Antwerp
1 director reappointed Permanent representatives: and · (managing director) · General meeting of 01-12-2020 · Gazette deed
Registered office moved from Antwerp to Berchem The registered office moved from Mechelsesteenweg 64, 2018 Antwerpen to Deken De Winterstraat 40 te 2600 Berchem · Reappointments: (managing director) and (managing director) · Permanent representative: · General meeting of 01-12-2014 · Gazette deed
First establishment At the time the registered office was still in Antwerpen, Mechelsesteenweg 64.
All 34 events

Comparable companies

same main activity, similar in size and age
Company
SITROP Antwerp €8.3m €263,964 -13.4% 0.9
CITY PLUS Antwerp €6.6m €309,679 27.3% 0.5
MSI VASTGOED Houthalen-Helchteren €7.7m €282,633 71.9% 1
ISOLANO Boortmeerbeek €8.1m €291,757 12.6% 1
DE LINDE Sint-Pieters-Leeuw €7.1m €366,332 99.7% 1
IMMAX Knokke-Heist €4.8m €357,504 63.9% 1
Primmo & Co - Entreprises S.A. Verviers €7.5m €469,524 20.8% 1

These companies have the same main activity as SITROP: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €4.8m and €8.1m, founded between 1988 and 2002.

Official details

Source: KBO
Status
Active since 06-08-1998Normal situation
Activity
Real estate agency activitiesNACE 68310
Joint committee
323Building management, estate agents and domestic staff · annual accounts 30-06-2025
Establishment units
2.089.367.3302600 Antwerp, registered on 25-11-1998
2.352.349.9682018 Antwerp, since 01-10-2023and 1 other
Financial year end
30 June
Peppol
Reachable
Company details

Annual accounts to 30-06-2025

€8.3m▲ 9.8%
Employeeson 30-06-2025
1=
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on SITROP

SITROP files the abbreviated format. That format states no turnover. The gross margin rose from €203,080 in 2007 to €263,964 in 2025.

The balance sheet grew most from 2011 to 2012 through fixed assets.

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 SITROP

What is the company number of SITROP?
The company number of SITROP is 0463.956.245. The VAT number is the same number with BE in front: BE 0463.956.245.
Where is SITROP based?
The registered office is at Deken De Winterstraat 40, 2600 Antwerp.Company details
What does SITROP do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of SITROP?
SITROP is a public limited company (NV).
When was SITROP founded?
SITROP was founded on 06-08-1998.
Is SITROP still active?
Yes, SITROP is an active enterprise in the KBO register.
How many employees does SITROP have?
SITROP had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SITROP fall under?
In its 30-06-2025 annual accounts, SITROP states joint committee 323 (Building management, estate agents and domestic staff).
What is the turnover of SITROP?
The turnover in financial year 2025 is ≈ €650,000. This figure is estimated from the gross margin of €263,964 and 30 comparable companies (NACE 683). It probably lies between €450,000 and €830,000.
Is SITROP profitable?
In financial year 2025, SITROP made a loss of €410,988.
Where can I find the annual accounts of SITROP?
SITROP filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SITROP due?
SITROP must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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