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SIVECO Belgium

Active
Private limited companyfounded 2013active for 13 yearsJetselaan 58, 1081 Koekelberg, BelgiumKBO/BCE: BE 0521.734.888
Summary

SIVECO Belgium has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,167 and a net result of €27,516. Equity has been shrinking by about 33% per year since 2018. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 42% of 568 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-03-2013 Normal situation
Activity
Web portal activities NACE 63910and 4 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
Establishment units
2.217.864.715 1081 Koekelberg, since 05-03-2013
2.269.275.507 1000 Brussel, since 01-07-2017
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • Casbuc-Ionescu Alexandru-MeteiasDirector · since 12-07-2018
Shareholders
  • Siveco Romania SAannual accounts 2025

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€53,389
▼ 58.2%
Turnover
≈ €150,000
estimated
Profit
€27,516
▲ 21×
Equity
€23,167
Total assets
€64,995
▲ 42.5%
Staff
0.2 FTE
▼ 77.8%
Score breakdownraises risk1 of the last 3 accounts late2 establishment unitslowers riskLiquidity: current ratio 1.50, cash €23,498Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in computing infrastructure and information services (NACE 63)
Financial strength · tick: 2024
Strong
Solvency 61+46
equity 35.6% of total assets
Liquidity 62+54
short-term debt 63.7% · cash 36.2%
Profitability 100+55
return on assets 42.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (2,948 companies, NACE 63, micro)
Last 24 months 12-2024: 3.3% 01-2025: 3.2%▼ -0.1 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.1%▼ -0.1 percentage points vs 03-2025 05-2025: 3.1%● unchanged vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 3.3%▲ +0.2 percentage points vs 06-2025 08-2025: 3.3%● unchanged vs 07-2025 09-2025: 3.5%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 1.6%▼ -1.9 percentage points vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.5%▼ -0.1 percentage points vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▼ -1.3 percentage points vs 07-2026 09-2026: 0.2%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.5 (0.88 in 2024), below the usual 1.5. Short-term debt is 63.7% and cash 36.2% of total assets. 64.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, micro). It does better than 35% of them on solvency, 50% on liquidity, 85% on profitability and 99% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.50, cash €23,498
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
raises risk · 2 establishment units
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
33 days late
2023
9 days early
2022
59 days late
2021
31 days late
2020
26 days late
2019
45 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Miscellaneous
  2. · Gazette deed Change of role: Alexandru Mateias COSBUC-IONESCU, from manager to director
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as SIVECO Belgium: web portal activities (NACE 63910). They are comparable in size and age: total assets between €62,900 and €128,000, founded between 2010 and 2016.

CompanyTotal assetsGross margin
SIVECO Belgium Koekelberg€64,995€53,389
RepQuest Sint-Jans-Molenbeek€77,967€84,976
ROASTREE Watermaal-Bosvoorde€127,756€87,897
MAD'IN EUROPE Sint-Gillis (bij-Brussel)€96,942€53,361
DIGITAL PEACE Sint-Agatha-Berchem€99,985€59,963
Skippy Oudergem€99,470€38,192
HANAMI Schaarbeek€62,902€26,774
Full comparison

Key facts about SIVECO Belgium

What is the company number of SIVECO Belgium?
The company number of SIVECO Belgium is 0521.734.888. The VAT number is the same number with BE in front: BE 0521.734.888.
Where is SIVECO Belgium based?
The registered office is at Jetselaan 58, 1081 Koekelberg.Company details
What does SIVECO Belgium do?
According to the KBO register, the main activity is web portal activities (NACE 63910).
What is the legal form of SIVECO Belgium?
The legal form of SIVECO Belgium is Private limited company (BV).
When was SIVECO Belgium founded?
SIVECO Belgium was founded on 05-03-2013.
Is SIVECO Belgium still active?
Yes, SIVECO Belgium is an active enterprise in the KBO register.
How many employees does SIVECO Belgium have?
SIVECO Belgium had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SIVECO Belgium fall under?
In its 2023 annual accounts, SIVECO Belgium states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of SIVECO Belgium?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €53,389 and 1,291 comparable companies of the same size. It probably lies between €92,000 and €280,000. It is a rough estimate.
Is SIVECO Belgium profitable?
In financial year 2025, SIVECO Belgium made a profit of €27,516.
Where can I find the annual accounts of SIVECO Belgium?
SIVECO Belgium filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SIVECO Belgium due?
SIVECO Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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