SYBILCO
ActiveSYBILCO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €22k. Equity is growing by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-1
Solvency31▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.0 in 2023; short-term debt: 4.4% and cash: 6.8% of total assets), but 94.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 37959 sector peers (2024).
NBB · sector comparisonPosition among 37959 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
34 d early
2022
42 d early
2021
37 d early
2020
17 d early
2019
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€62k▲ 54.5%
2023 · €40k
2018: €48k
2019: €-26k
2020: €-50k
2021: €-22k
2022: €10k
2023: €40k
2018 → 2024
Total assets
€1.06M▼ 3.4%
2023 · €1.10M
2018: €1.43M
2019: €1.19M
2020: €1.16M
2021: €1.15M
2022: €1.12M
2023: €1.10M
2018 → 2024
Net result
€22k▼ 27.2%
2023 · €30k
2018: €-79k
2019: €-74k
2020: €-24k
2021: €28k
2022: €32k
2023: €30k
2018 → 2024
Working capital
€46k
2023 · €-122
2018: €-428k
2019: €-727k
2020: €-576k
2021: €-521k
2022: €-58k
2023: €-122
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-50k-€-22k▲ 56.4%€10k€40k▲ 298%€62k▲ 54.5%
Operating result€-14k-€39k€35k▼ 8.9%€31k▼ 10.7%€24k▼ 24.2%
Net result€-24k-€28k€32k▲ 12.5%€30k▼ 6.8%€22k▼ 27.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 24% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.06M
Fixed assets
€971k▼ 2.6%
Current assets
€93k▼ 11.3%
Equity and liabilities €1.06M
Equity
€62k▲ 54.5%
Debt
€1.00M▼ 5.6%
The debt ratio falls from 96.4% to 94.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2023 · €59k
Cash flow
€48k▼
2023 · €57k
Solvency
5.8%▲
2023 · 3.6%
Current ratio
1.98▲
2023 · 1.00
Quick ratio
1.98▲
2023 · 1.00
Debt / equity
16.30▼
2023 · 26.69
ROE
35.3%▼
2023 · 74.9%
ROA
2.0%▼
2023 · 2.7%
Interest coverage
24.01▼
2023 · 36.97
Debt
€1.00M▼
2023 · €1.06M
Debt ≤ 1 year
€47k▼
2023 · €105k
Debt > 1 year
€955k=
2023 · €955k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.10M€1.06M▼
Fixed assets21/28€997k€971k▼
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€997k€971k▼
Land and buildings22€992k€967k▼
Plant, machinery and equipment23€5k€4k▼
Current assets29/58€105k€93k▼
Amounts receivable within one year40/41€8k€16k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€6k€14k▲
Cash at bank and in hand54/58€93k€73k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.06M▼
Equity10/15€40k€62k▲
Contributions10/11€243k€243k=
Reserves13€44k€44k=
Distributable reserves133€44k€44k=
Profit (loss) carried forward14€-246k€-225k▲
Amounts payable17/49€1.06M€1.00M▼
Amounts payable after more than one year17€955k€955k=
Financial debts170/4€955k€955k=
Amounts payable within one year42/48€105k€47k▼
Trade debts44€7k€9k▲
Suppliers440/4€7k€9k▲
Other amounts payable47/48€98k€38k▼
Accrued charges and deferred income492/3€2k€978▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€26k▼
Other operating charges640/8€7k€5k▼
Gross operating margin9900€66k€55k▼
Operating profit (loss)9901€31k€24k▼
Financial income75/76B€24€4▼
Recurring financial income75€24€4▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€30k€22k▼
Profit (loss) for the period9904€30k€22k▼
Profit (loss) for the period to be appropriated9905€30k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-246k€-225k▲
Profit (loss) brought forward from the previous period14P€-276k€-246k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €32k ▲12.5%
Net result €32k, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tielt · 1 establishment unit since 2016
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.
Rameplein 238700 TieltGround area
231 m²
Building footprint
143 m²
Volume, LiDAR
1,077 m³
Parcel 37015K0657/00C002, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sleutelhuys
since 20162.259.538.883
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37015K0657/00C002 | Flanders | 231 m² | 1 · 143 m² | 12.0 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.
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Of 5,700 companies in sector 70100 we hold annual accounts for 3,492. 2,121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2010
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
56301Cafés and bars
70200Business and other management consultancy
70220Business consulting
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.sleutelhuys.be
E-mail:sylvie@sleutelhuys.be