SIVASLI
InactiveSIVASLI was declared bankrupt on 16-10-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 08-09-2025, published in the Belgian State Gazette on 12-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-03-2023 close31-10-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 28-10-2022, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
3 d early
2021
9 d late
2020
30 d late
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€57k▲ 25.1%
2021 · €46k
2019: €30k
2020: €26k
2021: €46k
2019 → 2022
Total assets
€113k▲ 36.3%
2021 · €83k
2019: €52k
2020: €71k
2021: €83k
2019 → 2022
Net result
€11k▼ 40.4%
2021 · €19k
2019: €6k
2020: €-3k
2021: €19k
2019 → 2022
Working capital
€45k▲ 190%
2021 · €15k
2019: €19k
2020: €2k
2021: €15k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€30k-€26k▼ 10.4%€46k▲ 72.6%€57k▲ 25.1%
Operating result€8k-€-632€24k€20k▼ 17.5%
Net result€6k-€-3k€19k€11k▼ 40.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 17% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €113k
Fixed assets
€12k ▼ 59.4%
Current assets
€100k ▲ 91.4%
Equity and liabilities €113k
Equity
€57k ▲ 25.1%
Debt
€56k ▲ 50.2%
Debt's share of the balance-sheet total rises from 44.8% to 49.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▼
2021 · €39k
Cash flow
€16k▼
2021 · €33k
Current ratio
1.81▲
2021 · 1.42
Quick ratio
1.58▲
2021 · 1.25
Debt to equity
0.97
ROE
20.0%▼
2021 · 42.1%
ROA
10.2%▼
2021 · 23.2%
Interest coverage
19.01
Debt ≤ 1 year
€56k▲
2021 · €37k
Income taxes
€8k▲
2021 · €5k
Staff costs
€15k
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 · 2022 against 2021 · 43 lines
Balance sheet
Code20212022
Assets
Total assets20/58€83k€113k▲
Fixed assets21/28€30k€12k▼
Tangible fixed assets22/27€30k€12k▼
Plant, machinery and equipment23-€12k
Financial fixed assets28€6€6=
Current assets29/58€52k€100k▲
Stocks and contracts in progress3€6k€13k▲
Stocks30/36-€13k
Amounts receivable within one year40/41€20k€65k▲
Trade receivables40-€42k
Other amounts receivable41-€22k
Cash at bank and in hand54/58€27k€23k▼
Equity and liabilities
Total equity and liabilities10/49€83k€113k▲
Equity10/15€46k€57k▲
Contributions10/11-€12k
Reserves13€18k€18k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€16k
Profit (loss) carried forward14€16k€28k▲
Amounts payable17/49€37k€56k▲
Amounts payable within one year42/48€37k€56k▲
Current portion of amounts payable after more than one year42-€689
Trade debts44€18k€43k▲
Suppliers440/4-€43k
Taxes, remuneration and social security45-€11k
Taxes450/3-€8k
Remuneration and social security454/9-€3k
Income statement
Code20212022
Remuneration, social security and pensions62-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€5k▼
Other operating charges640/8-€20k
Gross operating margin9900€53k€60k▲
Operating profit (loss)9901€24k€20k▼
Financial income75/76B-€473
Recurring financial income75-€473
Financial charges65/66B-€1k
Recurring financial charges65€44€1k▲
Profit (loss) for the period before taxes9903€24k€19k▼
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€19k€11k▼
Profit (loss) for the period to be appropriated9905€19k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€28k
Profit (loss) brought forward from the previous period14P-€16k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 08-09-2025
2023
23-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 16-10-2023
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
31-03
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE VAN WEERDT TEMSESTEENWEG 2,
2880 BORNEM |
16-10-2023 → 08-09-2025 |