Equity
€1.7m ▲ 0.8%
SITUS has made a profit without a break since 2022.
SITUS
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €319,118 (2024)
€257,486▼ 19.3%
lowest -€285,953 (2021)
€13,189▼ 90.4%
peak €1.7m (2019)
€1.7m▲ 0.8%
€2.1m▼ 6.0%
peak 4 FTE (2011)
-not published
Board2 names since 2002
2 directors and 1 other
Documentsfilings and deeds
17-02-202617 days late
2025micro format
Gross margin from €319,118 to €257,486Result from €137,714 to €13,189
Key points
from the 2025 annual accountsResult
€13,189 ▼ 90.4%
The result fell in 2025 from €137,714 to €13,189.
Turnover
≈ €440,000 estimated
The micro format states no turnover.
Investments
€3,909 0.0 × depreciation
Green is investment, beige is depreciation.
Filings
23 annual accounts since 2003
Four of the last ten came late. The 2016 accounts came latest: 27 days after the end of the period.
Position in the sector
€1.7m
More equity than 95% of companies in accommodation. Sector median €58,009 · 1,853 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as SITUS has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% 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.
| 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 14,768 companies, not a prediction for SITUS. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0477843774
Registered office moved to DAVERDISSE Rue des Routis
New registered office: 6929 DAVERDISSE Rue des Routis 30 · Changes of role: (director) and (director) · Gazette deed
Incorporation
published on 10-07-2002 · Gazette deed
First establishment
Rue des Routis 30, Daverdisse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SITUS Daverdisse | €3.8m | €257,486 | 44.3% | - |
| HOEVE HAZEGRAS Knokke-Heist | €3.6m | €246,491 | 80.3% | - |
| FINARDENNE Daverdisse | €3.1m | €302,371 | 6.0% | - |
| FERME SAINT MONON Nassogne | €3.8m | €338,143 | 61.8% | - |
| FTW Nassogne | €2.5m | €259,920 | 6.9% | - |
| H ET Z Uccle | €3.6m | €408,025 | 5.3% | - |
| MILIMMO Tongeren-Borgloon | €2.9m | €340,956 | 79.2% | - |
These companies have the same main activity as SITUS: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €2.5m and €3.8m, founded between 1994 and 2007.
Official details
Source: KBO- Status
- Active since 26-06-2002Normal situation
- Activity
- Holiday cottages, homes and apartmentsNACE 55203
- Establishment unit
- 2.374.095.4876929 Daverdisse, since 26-06-2002
- Financial year end
- 30 June
- Peppol
- Reachable since 11-12-2025
Insights on SITUS
SITUS files the micro format. That format states no turnover. The gross margin rose from €45,856 in 2006 to €257,486 in 2025.
The balance sheet grew most from 2009 to 2011 through fixed assets, financed with long-term debt.
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 SITUS
- What is the company number of SITUS?
- The company number of SITUS is 0477.843.774. The VAT number is the same number with BE in front: BE 0477.843.774.
- Where is SITUS based?
- The registered office is at Rue des Routis 30, 6929 Daverdisse.Company details
- What does SITUS do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of SITUS?
- SITUS is a private limited company (BV).
- When was SITUS founded?
- SITUS was founded on 26-06-2002.
- Is SITUS still active?
- Yes, SITUS is an active enterprise in the KBO register.
- What is the turnover of SITUS?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €257,486 and 34 comparable companies (NACE 55). It probably lies between €370,000 and €580,000.Financials
- Is SITUS profitable?
- In financial year 2025, SITUS made a profit of €13,189.
- Where can I find the annual accounts of SITUS?
- SITUS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SITUS due?
- SITUS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.