Tom Sierens
ActiveSummary
Tom Sierens has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €8k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+16
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 5.87 against 5.15 in 2024; short-term debt: 15.5% and cash: 47.6% of total assets), and 17.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.2%
Return on assets
13.1%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
11 d early
2024
3 d early
2023
8 d early
2022
1 d early
2021
14 d early
2020
5 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 19.0%
2024 · €44k
2019: €19klowest in 7 years
2020: €23k▲ +19.7% vs 2019
2021: €31k▲ +35.9% vs 2020
2022: €39k▲ +25.7% vs 2021
2023: €44k▲ +13.0% vs 2022
2024: €44k▼ -0.2% vs 2023
2025: €53k▲ +19.0% vs 2024highest in 7 years
2019 → 2025
Total assets
€64k▲ 16.7%
2024 · €55k
2019: €34k
2020: €32k▼ -5.4% vs 2019lowest in 7 years
2021: €37k▲ +16.4% vs 2020
2022: €50k▲ +32.9% vs 2021
2023: €52k▲ +4.0% vs 2022
2024: €55k▲ +6.7% vs 2023
2025: €64k▲ +16.7% vs 2024highest in 7 years
2019 → 2025
Net result
€8k
2024 · €-103
2019: €7k
2020: €4k▼ -43.4% vs 2019
2021: €8k▲ +118% vs 2020
2022: €8k▼ -2.8% vs 2021
2023: €5k▼ -36.4% vs 2022
2024: €-103▼ -102% vs 2023lowest in 7 years
2025: €8k▲ +8299% vs 2024highest in 7 years
2019 → 2025
Working capital
€48k▲ 26.6%
2024 · €38k
2019: €9klowest in 7 years
2020: €17k▲ +85.0% vs 2019
2021: €24k▲ +39.3% vs 2020
2022: €33k▲ +38.5% vs 2021
2023: €35k▲ +6.2% vs 2022
2024: €38k▲ +8.9% vs 2023
2025: €48k▲ +26.6% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€39k▲ 25.7%€44k▲ 13.0%€44k▼ 0.2%€53k▲ 19.0%
2021: €31klowest in 5 years
2022: €39k▲ +25.7% vs 2021
2023: €44k▲ +13.0% vs 2022
2024: €44k▼ -0.2% vs 2023
2025: €53k▲ +19.0% vs 2024highest in 5 years
Operating result€13k-€11k▼ 15.5%€8k▼ 27.1%€3k▼ 68.3%€10k▲ 279%
2021: €13khighest in 5 years
2022: €11k▼ -15.5% vs 2021
2023: €8k▼ -27.1% vs 2022
2024: €3k▼ -68.3% vs 2023lowest in 5 years
2025: €10k▲ +279% vs 2024
Net result€8k-€8k▼ 2.8%€5k▼ 36.4%€-103€8k
2021: €8k
2022: €8k▼ -2.8% vs 2021
2023: €5k▼ -36.4% vs 2022
2024: €-103▼ -102% vs 2023lowest in 5 years
2025: €8k▲ +8299% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 279% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€6k ▼ 23.0%
Current assets
€58k ▲ 23.0%
Equity and liabilities €64k
Equity
€53k ▲ 19.0%
Debt
€11k ▲ 6.8%
Debt's share of the balance-sheet total falls from 19.4% to 17.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▲
2024 · €4k
Cash flow
€10k▲
2024 · €2k
Current ratio
5.87▲
2024 · 5.15
Quick ratio
5.58▲
2024 · 4.65
Debt to equity
0.22▼
2024 · 0.24
ROE
16.0%▲
2024 · -0.2%
ROA
13.1%▲
2024 · -0.2%
Interest coverage
44.38▲
2024 · 6.57
Debt ≤ 1 year
€10k▲
2024 · €9k
Income taxes
€842▼
2024 · €2k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€55k€64k▲
Formation expenses20€0€0=
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Land and buildings22€8k€6k▼
Furniture and vehicles24€0€0=
Financial fixed assets28€30€30=
Current assets29/58€47k€58k▲
Stocks and contracts in progress3€5k€3k▼
Stocks30/36€3k€3k▼
Contracts in progress37€1k-
Amounts receivable within one year40/41€20k€25k▲
Trade receivables40€19k€25k▲
Other amounts receivable41€730€0▼
Cash at bank and in hand54/58€23k€31k▲
Equity and liabilities
Total equity and liabilities10/49€55k€64k▲
Equity10/15€44k€53k▲
Contributions10/11€13k€13k=
Reserves13€7k€7k=
Non-distributable reserves130/1€335€335=
Reserves not available under the articles1311€335€335=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€25k€33k▲
Amounts payable17/49€11k€11k▲
Amounts payable within one year42/48€9k€10k▲
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€1k€5k▲
Taxes450/3-€3k
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€123€1k▲
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€539€833▲
Gross operating margin9900€5k€12k▲
Operating profit (loss)9901€3k€10k▲
Financial charges65/66B€647€254▼
Recurring financial charges65€647€254▼
Profit (loss) for the period before taxes9903€2k€9k▲
Income taxes67/77€2k€842▼
Profit (loss) for the period9904€-103€8k▲
Profit (loss) for the period to be appropriated9905€-103€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€33k▲
Profit (loss) brought forward from the previous period14P€25k€25k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €1k | €1k | €2k | €2k | = |
| Other operating charges640/8 | - | €625 | €811 | €539 | €833 | ▲ 54.6% |
| Gross operating margin9900 | €18k | €13k | €10k | €5k | €12k | ▲ 152% |
| Operating profit (loss)9901 | €13k | €11k | €8k | €3k | €10k | ▲ 279% |
| Financial charges65/66B | - | €208 | €218 | €647 | €254 | ▼ 60.8% |
| Recurring financial charges65 | €325 | €208 | €218 | €647 | €254 | ▼ 60.8% |
| Profit (loss) for the period before taxes9903 | €13k | €11k | €8k | €2k | €9k | ▲ 398% |
| Income taxes67/77 | €4k | €3k | €3k | €2k | €842 | ▼ 57.1% |
| Profit (loss) for the period9904 | €8k | €8k | €5k | €-103 | €8k | ▲ 8,299% |
| Profit (loss) for the period to be appropriated9905 | €8k | €8k | €5k | €-103 | €8k | ▲ 8,299% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37k | €50k | €52k | €55k | €64k | ▲ 16.7% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €7k | €6k | €9k | €8k | €6k | ▼ 23.0% |
| Tangible fixed assets22/27 | €7k | €6k | €9k | €8k | €6k | ▼ 23.1% |
| Land and buildings22 | - | €6k | €9k | €8k | €6k | ▼ 23.1% |
| Furniture and vehicles24 | - | €0 | €0 | €0 | €0 | = |
| Financial fixed assets28 | €30 | €30 | €30 | €30 | €30 | = |
| Current assets29/58 | €30k | €43k | €42k | €47k | €58k | ▲ 23.0% |
| Stocks and contracts in progress3 | €3k | €6k | €6k | €5k | €3k | ▼ 37.7% |
| Stocks30/36 | - | €3k | €4k | €3k | €3k | ▼ 14.7% |
| Contracts in progress37 | - | €3k | €3k | €1k | - | - |
| Amounts receivable within one year40/41 | €9k | €24k | €11k | €20k | €25k | ▲ 23.4% |
| Trade receivables40 | - | €24k | €11k | €19k | €25k | ▲ 28.0% |
| Other amounts receivable41 | - | - | - | €730 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €14k | €13k | €25k | €23k | €31k | ▲ 35.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37k | €50k | €52k | €55k | €64k | ▲ 16.7% |
| Equity10/15 | €31k | €39k | €44k | €44k | €53k | ▲ 19.0% |
| Contributions10/11 | - | €13k | €13k | €13k | €13k | = |
| Reserves13 | €7k | €7k | €7k | €7k | €7k | = |
| Non-distributable reserves130/1 | - | €335 | €335 | €335 | €335 | = |
| Reserves not available under the articles1311 | - | €335 | €335 | €335 | €335 | = |
| Distributable reserves133 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €12k | €20k | €25k | €25k | €33k | ▲ 33.6% |
| Amounts payable17/49 | €6k | €10k | €7k | €11k | €11k | ▲ 6.8% |
| Amounts payable within one year42/48 | €6k | €10k | €7k | €9k | €10k | ▲ 8.0% |
| Financial debts43 | - | €1k | €1k | - | - | - |
| Credit institutions430/8 | - | €1k | €1k | - | - | - |
| Trade debts44 | €2k | €8k | €3k | €8k | €3k | ▼ 59.9% |
| Suppliers440/4 | - | €8k | €3k | €8k | €3k | ▼ 59.9% |
| Taxes, remuneration and social security45 | - | €298 | €1k | €1k | €5k | ▲ 418% |
| Taxes450/3 | - | €298 | €1k | - | €3k | - |
| Remuneration and social security454/9 | - | - | - | €1k | €2k | ▲ 104% |
| Other amounts payable47/48 | - | €598 | €1k | €123 | €1k | ▲ 1,026% |
| Accrued charges and deferred income492/3 | - | - | - | €1k | €1k | ▼ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €8k | €5k | €-103 | €8k | ▲ 8,299% |
| + Depreciation and write-downs630 | €4k | €1k | €1k | €2k | €2k | = |
| Operating cash flow (approximation) | €12k | €9k | €6k | €2k | €10k | ▲ 519% |
| Investment in fixed assets (approximation) | - | €0 | €-4k | €0 | €0 | - |
| Change in cash | - | €-2k | €13k | €-3k | €8k | ▲ 409% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-103
Net result drops to €-103, the lowest in the series; recovery starts the following year.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Zulte · 1 establishment unit since 2018
Ground area
527 m²
Building footprint
196 m²
Volume, LiDAR
773 m³
Parcel 44037A0856/00H000, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tom Sierens
since 20182.273.979.512
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037A0856/00H000 | Flanders | 527 m² | 1 · 196 m² | 8.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 7,863 companies in sector 43341 we hold annual accounts for 2,663. 2,321 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-03-2018
Fiscal year end30-06
Activities, NACEBEL 2025
43341Painting of buildings
Scores and ratios are computed by Checked and are not a credit decision.