THE SIENERY

Active

Private limited companyfounded 20196 yrs activePhilippe Spethstraat 79, 2950 Kapellen, BelgiumKBO/BCE: BE 0735.403.421

THE SIENERY has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

68 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability88▼-12

Solvency36▼-58

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.12 against 3.33 in 2024; short-term debt: 89.4% and cash: 82.2% of total assets), and 89.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

10.6%

Return on assets

20.2%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 31642 sector peers (2025).

NBB · sector comparison

Position among 31642 sector peers

Solvency

better than 17%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-04-2026, 114 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

114 d early

2024

7 d early

2023

23 d late

2022

28 d late

2021

34 d early

2020

40 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€10k▼ 84.8%

2024 · €66k

2020: €46k 2021: €65k 2022: €102k 2023: €130k 2024: €66k

2020 → 2025

Total assets

€94k▼ 1.0%

2024 · €95k

2020: €59k 2021: €75k 2022: €119k 2023: €139k 2024: €95k

2020 → 2025

Net result

€19k▼ 25.9%

2024 · €26k

2020: €37k 2021: €20k 2022: €38k 2023: €28k 2024: €26k

2020 → 2025

Working capital

€10k▼ 85.1%

2024 · €67k

2020: €46k 2021: €65k 2022: €102k 2023: €130k 2024: €67k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€65k-€102k▲ 57.2%€130k▲ 27.3%€66k▼ 49.4%€10k▼ 84.8%

Operating result€27k-€49k▲ 85.0%€37k▼ 24.2%€33k▼ 10.6%€26k▼ 22.3%

Net result€20k-€38k▲ 89.8%€28k▼ 26.4%€26k▼ 8.0%€19k▼ 25.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €94k

100.0%

Fixed assets €40=

Current assets €94k▼ 1.0%

Equity and liabilities €94k

11%

89.4%

Equity €10k▼ 84.8%

Debt €84k▲ 187%

The debt ratio rises from 30.8% to 89.4%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

Solvency

10.6%▼

2024 · 69.2%

Current ratio

1.12▼

2024 · 3.33

Quick ratio

1.12▼

2024 · 3.33

Debt / equity

8.43▲

2024 · 0.45

ROE

190.4%▲

2024 · 39.0%

ROA

20.2%▼

2024 · 27.0%

Debt

€84k▲

2024 · €29k

Debt ≤ 1 year

€84k▲

2024 · €29k

Income taxes

€5k▼

2024 · €7k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€95k€94k▼

Fixed assets21/28€40€40=

Financial fixed assets28€40€40=

Current assets29/58€95k€94k▼

Amounts receivable within one year40/41€12k€13k▲

Trade receivables40€11k€13k▲

Other amounts receivable41€148€99▼

Current investments50/53€25k-

Cash at bank and in hand54/58€55k€78k▲

Deferred charges and accrued income490/1€4k€3k▼

Equity and liabilities

Total equity and liabilities10/49€95k€94k▼

Equity10/15€66k€10k▼

Contributions10/11€10k€10k=

Reserves13€56k-

Distributable reserves133€56k-

Amounts payable17/49€29k€84k▲

Amounts payable within one year42/48€29k€84k▲

Trade debts44€965€1k▲

Suppliers440/4€965€1k▲

Taxes, remuneration and social security45€6k€6k▼

Taxes450/3€6k€6k▼

Other amounts payable47/48€22k€77k▲

Accrued charges and deferred income492/3€802-

Income statement Code20242025

Other operating charges640/8€551€520▼

Gross operating margin9900€34k€26k▼

Operating profit (loss)9901€33k€26k▼

Financial income75/76B€1k€186▼

Recurring financial income75€1k€186▼

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€32k€24k▼

Income taxes67/77€7k€5k▼

Profit (loss) for the period9904€26k€19k▼

Profit (loss) for the period to be appropriated9905€26k€19k▼

Appropriation of the result

Profit (loss) to be appropriated9906€26k€19k▼

Transfer from equity791/2€70k€56k▼

Transfer to equity691/2€6k-

To other reserves6921€6k-

Profit to be distributed694/7€90k€75k▼

Return on contributions (dividend)694€90k€75k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 4Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €19k ▼25.9%

Net result drops to €19k, the lowest in the series.

24-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

23-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 23 days late

2023

31-12

Financial Liquidity doublescurrent ratio 16.37

Current ratio from 7.25 to 16.37; short-term debt falls from €16k to €8k.

28-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 28 days late

2022

31-12

Financial Highest result since 2020net €38k ▲89.8%

Operating result €49k, net result €38k, both a record.

31-12

Financial Equity above €100kEq €102k ▲57.2%

3 profitable years in a row build equity to €102k.

27-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

21-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Kapellen · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Philippe Spethstraat 792950 Kapellen

Ground area

527 m²

Building footprint

134 m²

Volume, LiDAR

832 m³