SIARG
ActiveSummary
SIARG has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €37k. Equity is growing by ~73.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 383 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+45
Solvency48▲+7
Growth85▲+33
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.16 in 2024; short-term debt: 77.5% and cash: 19.8% of total assets), and 77.5% 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 · 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← 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
22.5%
Return on assets
9.3%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
11 d early
2024
3 d early
2023
2 d late
2022
70 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€275k▲ 116%
2024 · €127k
2023: €167k
2024: €127k
2023 → 2025
EBIT margin
18.0%▲ 19.5pp
2024 · -1.5%
2023: 31.0%
2024: -1.5%
2023 → 2025
Net result
€37k
2024 · €-2k
2022: €-4k
2023: €39k
2024: €-2k
2022 → 2025
Working capital
€83k▲ 95.3%
2024 · €43k
2022: €16k
2023: €41k
2024: €43k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€167k€127k▼ 23.7%€275k▲ 116%
Equity€16k-€54k▲ 241%€52k▼ 4.5%€89k▲ 70.2%
Operating result€-4k-€52k€-2k€49k
Net result€-4k-€39k€-2k€37k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €49k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €393k
Fixed assets
€5k ▼ 43.2%
Current assets
€387k ▲ 23.2%
Equity and liabilities €393k
Equity
€89k ▲ 70.2%
Debt
€304k ▲ 11.9%
Debt's share of the balance-sheet total falls from 83.9% to 77.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54k▲
2024 · €2k
Cash flow
€41k▲
2024 · €2k
Current ratio
1.27▲
2024 · 1.16
Debt to equity
3.44▼
2024 · 5.22
ROE
41.2%▲
2024 · -4.8%
ROA
9.3%▲
2024 · -0.8%
Interest coverage
73.57▲
2024 · 3.67
Debt ≤ 1 year
€304k▲
2024 · €272k
Income taxes
€12k
Staff costs
€214k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€324k€393k▲
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Plant, machinery and equipment23€9k€5k▼
Current assets29/58€314k€387k▲
Amounts receivable within one year40/41€119k€308k▲
Trade receivables40€12k€268k▲
Other amounts receivable41€107k€40k▼
Cash at bank and in hand54/58€192k€78k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€324k€393k▲
Equity10/15€52k€89k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€32k€69k▲
Amounts payable17/49€272k€304k▲
Amounts payable within one year42/48€272k€304k▲
Trade debts44€259k€12k▼
Suppliers440/4€259k€12k▼
Taxes, remuneration and social security45€13k€51k▲
Taxes450/3€13k€12k▼
Remuneration and social security454/9-€39k
Other amounts payable47/48-€241k
Income statement
Code20242025
Operating income70/76A€128k€306k▲
Turnover70€127k€275k▲
Other operating income74€225€31k▲
Operating charges60/66A€129k€256k▲
Goods for resale, raw materials and consumables60€107k€289▼
Purchases600/8€107k€289▼
Services and other goods61€13k€38k▲
Remuneration, social security and pensions62-€214k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€5k€400▼
Operating profit (loss)9901€-2k€49k▲
Financial income75/76B-€198
Recurring financial income75-€198
Other financial income752/9-€198
Financial charges65/66B€595€727▲
Recurring financial charges65€595€727▲
Other financial charges652/9€595€727▲
Profit (loss) for the period before taxes9903€-2k€49k▲
Income taxes67/77-€12k
Taxes670/3-€12k
Profit (loss) for the period9904€-2k€37k▲
Profit (loss) for the period to be appropriated9905€-2k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€69k▲
Profit (loss) brought forward from the previous period14P€34k€32k▼
Social balance
Average headcount (FTE)9087-3.0
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
State Gazette act
Resignation: Iron Management CommV (director)Appointments: Jens Jensen, Jani Partanen and 2 others · Director discharge9 facts ▸
State Gazette act
Resignation: Iron Management CommV (director)
Appointments: Jens Jensen, Jani Partanen and 2 others · Director discharge9 facts ▸
- General meeting, 31-08-2026
- Director resignation, Iron Management CommV (director)
- Director discharge, Iron Management CommV
- Director appointment, Jens Jensen (director)
- Director appointment, Jani Partanen (director)
- Director appointment, Iron Management CommV (director)
- Director appointment, JUCOFIN BV (director)
- Board meeting, 31-08-2026
- Director appointment, Iron Management CommV (managing director)
10-09
State Gazette act
Appointments: JENSEN Jens (a bestuurder) and PARTANEN Jani (a bestuurder)Permanent representatives: CONVENS Jurgen and WEMEL Dieter · Statutes amendment11 facts ▸
State Gazette act
Appointments: JENSEN Jens (a bestuurder) and PARTANEN Jani (a bestuurder)
Permanent representatives: CONVENS Jurgen and WEMEL Dieter · Statutes amendment11 facts ▸
- General meeting, 01-09-2026
- Statutes amendment
- Statutes amendment
- Director appointment, JENSEN Jens (a bestuurder)
- Director appointment, PARTANEN Jani (a bestuurder)
- Board composition, JENSEN Jens (a bestuurder)
- Board composition, PARTANEN Jani (a bestuurder)
- Board composition, Jucofin (gewone bestuurder)
- Board composition, Iron Management (gewone bestuurder)
- Permanent representative, CONVENS Jurgen
- Permanent representative, WEMEL Dieter
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2026
Iron Management
CurrentManaging director · since 31-08-2026 · Limited partnership · perm. rep.: Dieter Wemel
JENSEN Jens
CurrentA bestuurder · since 31-08-2026
JUCOFIN
CurrentDirector · since 31-08-2026 · Private limited company (pre-2019) · perm. rep.: Jurgen Convens
PARTANEN Jani
CurrentA bestuurder · since 31-08-2026
01-09-2026
Iron Management: Appointed as Managing director
01-09-2026
JENSEN Jens: Appointed as A bestuurder
01-09-2026
PARTANEN Jani: Appointed as A bestuurder
31-08-2026
Iron Management: Reappointed as Director
31-08-2026
JENSEN Jens: Appointed as Director
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2022
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.
Neringenweg 443001 LeuvenGround area
7,586 m²
Building footprint
2,879 m²
Volume, LiDAR
19,265 m³
Parcel 24514C0173/03A000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SIARG
since 20222.330.559.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0173/03A000 | Flanders | 7,586 m² | 1 · 2,879 m² | 9.7 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.
Articles of association
Other provisions of the articles (1)
- Other statement: definitieve kwijting, wordt genomen door de gewone algemene vergadering die zich zal uitspreken over de goedkeuring van de jaarrekening van het betrokken boekja…
Structure & network
Connections & network
3 connected companiesLinked via shared directors
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
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Of 757 companies in sector 95313 we hold annual accounts for 289. 232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
95313Repair and fitting of specific motor vehicle parts
95314Bodywork repair (including spraying and painting)
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
52100Warehousing and storage
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.