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SITUS

Active
Private limited companyfounded 200224 yrs activeRue des Routis 30, 6929 Daverdisse, BelgiumKBO/BCE: BE 0477.843.774
Summary

SITUS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.68M and a net result of €13k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 69% of 1304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-29
Solvency69▲+1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.58 in 2024; short-term debt: 3.7% and cash: 1.6% of total assets), and 55.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.3%
Return on assets
0.3%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-02-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
17 d late
2024
13 d late
2023
5 d late
2022
on the day
2021
on the day
2020
1 d early
2019
4 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€1.68M▲ 0.8%
2024 · €1.67M
2019: €1.74M 2020: €1.67M 2021: €1.39M 2022: €1.52M 2023: €1.53M 2024: €1.67M
2019 → 2025
Total assets
€3.79M▼ 3.1%
2024 · €3.92M
2019: €4.06M 2020: €4.40M 2021: €4.12M 2022: €4.13M 2023: €4.00M 2024: €3.92M
2019 → 2025
Net result
€13k▼ 90.4%
2024 · €138k
2019: €132k 2020: €-64k 2021: €-286k 2022: €129k 2023: €14k 2024: €138k
2019 → 2025
Working capital
€44k▼ 41.4%
2024 · €75k
2019: €161k 2020: €312k 2021: €179k 2022: €215k 2023: €28k 2024: €75k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.39M-€1.52M▲ 9.3%€1.53M▲ 0.9%€1.67M▲ 9.0%€1.68M▲ 0.8%
Operating result€-171k-€156k€116k▼ 25.5%€192k▲ 64.7%€92k▼ 51.8%
Net result€-286k-€129k€14k▼ 89.2%€138k▲ 893%€13k▼ 90.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2021: €-171k€-171kNet result 2021: €-286k€-286kOperating result 2022: €156k€156kNet result 2022: €129k€129kOperating result 2023: €116k€116kNet result 2023: €14k€14kOperating result 2024: €192k€192kNet result 2024: €138k€138kOperating result 2025: €92k€92kNet result 2025: €13k€13k20212022202320242025€0€50k€100k€150k€200kOperating result 2023: €116k€116kNet result 2023: €14k€14kOperating result 2024: €192k€192kNet result 2024: €138k€138kOperating result 2025: €92k€92kNet result 2025: €13k€13k202320242025
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.79M
Fixed assets €3.61M ▼ 2.7%
Current assets €185k ▼ 10.1%
Equity and liabilities €3.79M
Equity €1.68M ▲ 0.8%
Debt €2.11M ▼ 6.0%
Debt's share of the balance-sheet total falls from 57.4% to 55.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€198k
2024 · €296k
Cash flow
€119k
2024 · €242k
Current ratio
1.31
2024 · 1.58
Quick ratio
0.43
2024 · 0.63
Debt to equity
1.26
2024 · 1.35
ROE
0.8%
2024 · 8.3%
ROA
0.3%
2024 · 3.5%
Interest coverage
2.50
2024 · 5.48
Debt ≤ 1 year
€141k
2024 · €130k
Debt > 1 year
€1.97M
2024 · €2.12M
Staff costs
€49k
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.92M€3.79M
Fixed assets21/28€3.71M€3.61M
Intangible fixed assets21€125k€125k=
Tangible fixed assets22/27€3.59M€3.48M
Land and buildings22€3.57M€3.47M
Plant, machinery and equipment23€7k€5k
Furniture and vehicles24€7k€8k
Current assets29/58€206k€185k
Stocks and contracts in progress3€124k€124k=
Stocks30/36€124k€124k=
Amounts receivable within one year40/41€15k-
Trade receivables40€15k-
Other amounts receivable41€41-
Cash at bank and in hand54/58€67k€61k
Equity and liabilities
Total equity and liabilities10/49€3.92M€3.79M
Equity10/15€1.67M€1.68M
Contributions10/11€244k€244k=
Revaluation surpluses12€1.47M€1.47M=
Reserves13€24k€24k=
Non-distributable reserves130/1€24k-
Reserves not available under the articles1311€24k-
Distributable reserves133-€24k
Profit (loss) carried forward14€-70k€-57k
Amounts payable17/49€2.25M€2.11M
Amounts payable after more than one year17€2.12M€1.97M
Financial debts170/4€1.67M€1.55M
Other amounts payable178/9€450k€427k
Amounts payable within one year42/48€130k€141k
Current portion of amounts payable after more than one year42€119k€123k
Trade debts44€4k€7k
Suppliers440/4€4k€7k
Taxes, remuneration and social security45€7k€11k
Taxes450/3€7k€11k
Income statement Code20242025
Remuneration, social security and pensions62€19k€49k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€104k€105k
Other operating charges640/8€4k€11k
Gross operating margin9900€319k€257k
Operating profit (loss)9901€192k€92k
Financial charges65/66B€54k€79k
Recurring financial charges65€54k€79k
Profit (loss) for the period before taxes9903€138k€13k
Profit (loss) for the period9904€138k€13k
Profit (loss) for the period to be appropriated9905€138k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-57k
Profit (loss) brought forward from the previous period14P€-208k€-70k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
17-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
13-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
30-06
Financial Highest result since 2019net €138k ▲893%
Operating result €192k, net result €138k, both a record.
05-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €129k
Net result €129k after 2 loss-making years.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet €-286k
Net result drops to €-286k, the lowest in the series; recovery starts the following year.
30-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
18-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Daverdisse · 1 establishment unit since 2002
establishment The establishment unit on the map
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.

Rue des Routis 306929 Daverdisse
Ground area
5,469 m²
Building footprint
453 m²
Volume, LiDAR
2,939 m³
Parcel 84016B0616/00H000, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SITUS
Rue des Routis 30, 6929 DaverdisseHoliday cottages, homes and apartments
since 20022.374.095.487
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
84016B0616/00H000 Wallonia 5,469 m² 1 · 453 m² 9.4 m · 2 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.

Similar companies · same sector, comparable size

Of 3,000 companies in sector 55203 we hold annual accounts for 690. 287 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-06-2002
Fiscal year end30-06
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.