Skip to content

SIVE

Open bankruptcy
Public limited companyfounded 1998KBO/BCE: BE 0462.775.023

A bankruptcy procedure is open for SIVE according to publications in the Belgian State Gazette; curator: ALAIN GOLDSCHMIDT.

Summary

The 2014 annual accounts show negative equity (€-59k) and a net result of €9k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 30-12-2014 was due by 30-07-2015 and was filed on 20-08-2015, 21 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
Checked, nothing found (1)
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 2014, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k
2011 · €-32k
2010: €-7k 2011: €-32k
2010 → 2014
Working capital
€-188k▼ 48.9%
2011 · €-126k
2010: €-104k 2011: €-126k
2010 → 2014
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201020112014Trend
Equity€57k-€25k▼ 55.8%€-59k
Operating result€3k-€2k▼ 26.6%€9k▲ 279%
Net result€-7k-€-32k▼ 349%€9k
Result per fiscal year
Operating resultNet result
€-40k€-20k€0Operating result 2010: €3k€3kNet result 2010: €-7k€-7kOperating result 2011: €2k€2kNet result 2011: €-32k€-32kOperating result 2014: €9k€9kNet result 2014: €9k€9k201020112014€-40k€-20k€0Operating result 2010: €3k€3.1kNet result 2010: €-7k€-7kOperating result 2011: €2k€2.3kNet result 2011: €-32k€-32kOperating result 2014: €9k€8.7kNet result 2014: €9k€8.7k201020112014
The operating result is €9k in 2014, compared with €2k in 2011. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2014 in colour, 2011 as the grey bar beneath
Assets €290k
Fixed assets €135k ▼ 14.1%
Current assets €155k ▲ 19.2%
Key figures and ratios
2014 value · change against 2011
EBITDA
€16k▲
2011 · €10k
Cash flow
€16k▲
2011 · €-24k
Solvency
-20.3%▼
2011 · 8.7%
Current ratio
0.45▼
2011 · 0.51
ROA
3.0%▲
2011 · -11.0%
Debt
€349k▲
2011 · €262k
Debt ≤ 1 year
€343k▲
2011 · €256k
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 · 2014 against 2011 · 22 lines
Balance sheet Code20112014
Assets
Total assets20/58€287k€290k▲
Fixed assets21/28€157k€135k▼
Tangible fixed assets22/27€157k€135k▼
Current assets29/58€130k€155k▲
Amounts receivable within one year40/41€130k€146k▲
Cash at bank and in hand54/58-€572
Equity and liabilities
Total equity and liabilities10/49€287k€290k▲
Equity10/15€25k€-59k▼
Contributions10/11€62k€62k=
Reserves13€500€500=
Profit (loss) carried forward14€-37k€-121k▼
Amounts payable17/49€262k€349k▲
Amounts payable within one year42/48€256k€343k▲
Trade debts44€44k€63k▲
Income statement Code20112014
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Gross operating margin9900€12k€16k▲
Operating profit (loss)9901€2k€9k▲
Recurring financial charges65€406-
Profit (loss) for the period before taxes9903€2k€9k▲
Income taxes67/77€33k-
Profit (loss) for the period9904€-32k€9k▲
Profit (loss) for the period to be appropriated9905€-32k€9k▲

Sign in to download as CSV

Timeline · acts, filings and financial milestones

2018
05-09
Bankruptcy Opening
Tribunal de commerce francophone de Bruxelles · event 27-08-2018
2015
20-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 21 days late
2014
30-12
Financial Back to profitnet €9k
Net result €9k after 2 loss-making years.
2013
30-07
Bankruptcy Bankruptcy reversal
Tribunal de Commerce de Bruxelles
2012
19-10
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 81 days late
19-10
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 447 days late
2011
30-12
Financial Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series.
2009
27-07
NBB filing Annual accounts filed
fiscal year 2008 · full schema
2008
28-08
NBB filing Annual accounts filed
fiscal year 2007 · full schema · 29 days late
2007
13-06
NBB filing Annual accounts filed
fiscal year 2006 · full schema
2006
04-07
NBB filing Annual accounts filed
fiscal year 2005 · full schema
2005
20-07
NBB filing Annual accounts filed
fiscal year 2004 · full schema
2004
07-07
NBB filing Annual accounts filed
fiscal year 2003 · full schema
2003
30-06
NBB filing Annual accounts filed
fiscal year 2002 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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
Registered office, Brussel · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
1,817 m²
Building footprint
459 m²
Volume, LiDAR
6,346 m³
2 parcels, Brussels · tallest building 25.8 m, ±5 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Tervurenlaan 313, 1150 Sint-Pieters-Woluwe
Insurance, reinsurance and pension funding, except compulsory social security
since 19982.085.699.641
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0406/00B000 Brussels 1,253 m² 1 · 328 m² 25.8 m · 5 fl.
21019A0156/00Y000 Brussels 564 m² 1 · 131 m² 14.1 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ALAIN GOLDSCHMIDT
CHAUSSEE DE LA HULPE 150, 1170 03 WATERMAEL-BOITSFORT
27-08-2018 → present

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded27-02-1998
Fiscal year end30-12
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

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