SIVALERC
The computed 12-month bankruptcy probability of SIVALERC is 1.2% (low). The 2024 annual accounts show negative equity (€-91k) and a net result of €-33k. Equity is shrinking by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 14% of 4916 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-91k |
| Net result | €-33k |
| Better than sector | 14% |
| Active | 4 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -9.4% | 16.7% | |
| Net result | €-33k | €2k | |
| Equity | €-91k | €27k | |
| Gross operating margin | €2k | €27k | |
| Total assets | €968k | €302k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-2k |
| Net profit | €-33k |
| Cash flow | €-32k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €968k |
| Equity | €-91k |
| Debt | €1.06M |
| of which ≤ 1y | €1.05M |
| of which > 1y | €9k |
| Working capital | €-85k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.92 |
| Quick ratio | 0.45 |
| Working capital ratio | -8.7% |
| Solvency | -9.4% |
| Debt / equity | -11.63 |
| Long-term debt ratio | -0.10 |
| Interest coverage | -0.08 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.4% |
| ROE | 35.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €968k |
| Fixed assets | 21/28 | €2k |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €2k |
| Current assets | 29/58 | €966k |
| Stocks & contracts in progress | 3 | €495k |
| Amounts receivable within one year | 40/41 | €449k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €968k |
| Equity | 10/15 | €-91k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-111k |
| Amounts payable | 17/49 | €1.06M |
| Amounts payable after one year | 17 | €9k |
| Amounts payable within one year | 42/48 | €1.05M |
| Trade debts payable within one year | 44 | €487k |
| Income statement | ||
| Gross operating margin | 9900 | €2k |
| Operating result | 9901 | €-3k |
| Financial income | 75 | €908 |
| Financial charges | 65 | €30k |
| Result before taxes | 9903 | €-33k |
| Net result for the period | 9904 | €-33k |
| Result to be appropriated | 9905 | €-33k |
| NACE primary | Real estate activities(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 25-03-2022 |
| Status | Active |
| Postal code | 1640 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25067A0304/00E000 | Wallonia | 6,990 m² | 1 · 277 m² | - |
| 22004C0269/00E005 | Flanders | 211 m² | 1 · 207 m² | 10.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-09-2024 Board composition published
Technical details
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"evidence_quote": "Ingevolge proces-verbaal verleden door Meester Fr\u00E9d\u00E9ric DUCHATEAU, Notaris te Namen, \u043Ep 29 november 2023, blijkt dat de algemene vergadering van de naamloze vennootschap \u00AB SIVALERC \u00BB... de volgende beslissingen genomen heeft",
"decharge_status": null,
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],
"notary": {
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"filing_date": "2023-11-29",
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},
"decisions": [
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}01-02-2024 Registered office moved from Ramillies to Sint-Genesius-Rode
- 1367 Ramilies, Rue de la Montagne 37 → Lindestraat, 109 postbus 1, 1640 Sint-Genesius-Rode
Technical details
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"events": [
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"country": "BE",
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"old_address": {
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"street": "Rue de la Montagne",
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"postcode": "1367",
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"street_number": "37",
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},
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"region_changed": true,
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"nationality_change": true,
"old_address_source": "header_volledig_adres",
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"statute_article_number": null,
"effective_date_qualifier": "conditional",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": true,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
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"office_city": "Namur",
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},
"act_meta": {
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"filing_date": "2024-01-19",
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},
"decision": {
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"unanimous": true
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"subject_company": {
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"org_rep_person_name": null,
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"co_filed_documents": [
"exp\u00E9dition de l\u0027acte",
"statuts coordonn\u00E9s"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SIVALERC |