SIEBMO
ActiveSummary
SIEBMO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €841k and a net result of €-120k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-12
Solvency33▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.01 in 2024; short-term debt: 81.8% of total assets), and 92.3% 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 68
Relative position
BE, all sectors
reference
Sector 68
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
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
7.7%
Return on assets
-1.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-120k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
13 d early
2023
22 d late
2022
34 d early
2021
26 d early
2020
39 d early
2019
29 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 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, abbreviated schema
Equity
€841k▼ 12.5%
2024 · €962k
2018: €212k
2019: €318k
2020: €560k
2021: €771k
2022: €897k
2023: €1.07M
2024: €962k
2018 → 2025
Total assets
€10.92M▲ 7.1%
2024 · €10.20M
2018: €4.70M
2019: €4.46M
2020: €4.86M
2021: €4.83M
2022: €6.22M
2023: €6.45M
2024: €10.20M
2018 → 2025
Net result
€-120k▼ 15.2%
2024 · €-104k
2018: €-257k
2019: €107k
2020: €241k
2021: €211k
2022: €126k
2023: €170k
2024: €-104k
2018 → 2025
Working capital
€-8.67M▼ 11.5%
2024 · €-7.77M
2018: €-1.13M
2019: €-3.89M
2020: €-3.52M
2021: €-3.04M
2022: €-2.55M
2023: €-3.55M
2024: €-7.77M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€771k-€897k▲ 16.3%€1.07M▲ 18.9%€962k▼ 9.8%€841k▼ 12.5%
Operating result€252k-€242k▼ 3.9%€271k▲ 12.0%€-6k€102k
Net result€211k-€126k▼ 40.5%€170k▲ 35.1%€-104k€-120k▼ 15.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €102k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.92M
Fixed assets
€10.65M ▲ 5.3%
Current assets
€271k ▲ 229%
Equity and liabilities €10.92M
Equity
€841k ▼ 12.5%
Debt
€10.08M ▲ 9.2%
Debt's share of the balance-sheet total rises from 90.6% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€876k▲
2024 · €524k
Cash flow
€653k▲
2024 · €426k
Current ratio
0.03▲
2024 · 0.01
Debt to equity
11.98▲
2024 · 9.60
ROE
-14.3%▼
2024 · -10.9%
ROA
-1.1%▼
2024 · -1.0%
Interest coverage
3.93▼
2024 · 5.34
Debt ≤ 1 year
€8.94M▲
2024 · €7.86M
Debt > 1 year
€1.09M▼
2024 · €1.29M
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.20M€10.92M▲
Fixed assets21/28€10.12M€10.65M▲
Tangible fixed assets22/27€10.12M€10.65M▲
Land and buildings22€6.38M€10.65M▲
Assets under construction and advance payments27€3.73M€0▼
Current assets29/58€82k€271k▲
Amounts receivable within one year40/41€74k€268k▲
Trade receivables40€73k€239k▲
Other amounts receivable41€909€28k▲
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€9k€3k▼
Equity and liabilities
Total equity and liabilities10/49€10.20M€10.92M▲
Equity10/15€962k€841k▼
Contributions10/11€1.00M€1.00M=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-38k€-159k▼
Amounts payable17/49€9.24M€10.08M▲
Amounts payable after more than one year17€1.29M€1.09M▼
Financial debts170/4€1.29M€1.09M▼
Amounts payable within one year42/48€7.86M€8.94M▲
Current portion of amounts payable after more than one year42€203k€203k=
Trade debts44€399k€126k▼
Suppliers440/4€399k€126k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€7.25M€8.61M▲
Accrued charges and deferred income492/3€88k€53k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€531k€774k▲
Other operating charges640/8€84k€87k▲
Gross operating margin9900€609k€963k▲
Operating profit (loss)9901€-6k€102k▲
Financial income75/76B€96€0▼
Recurring financial income75€96€0▼
Financial charges65/66B€98k€223k▲
Recurring financial charges65€98k€223k▲
Profit (loss) for the period before taxes9903€-104k€-120k▼
Profit (loss) for the period9904€-104k€-120k▼
Profit (loss) for the period to be appropriated9905€-104k€-120k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€-159k▼
Profit (loss) brought forward from the previous period14P€0€-38k▼
Transfer from equity791/2€66k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (15 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
23-09
State Gazette act
Appointment: RSM INTERAUDIT (statutory auditor)Permanent representative: Jonas Uytterhaegen3 facts ▸
State Gazette act
Appointment: RSM INTERAUDIT (statutory auditor)
Permanent representative: Jonas Uytterhaegen3 facts ▸
- General meeting, 30-06-2026
- Auditor appointment, RSM INTERAUDIT (statutory auditor)
- Permanent representative, Jonas Uytterhaegen (permanent representative)
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-12
Financial
Equity above €1MEq €1.07M ▲18.9%
5 profitable years in a row build equity to €1.07M.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €241k ▲126%
Operating result €280k, net result €241k, both a record.
31-12
Financial
Equity above €500kEq €560k ▲75.7%
2 profitable years in a row build equity to €560k.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €107k
Net result €107k after one loss-making year.
Show earlier events
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB 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, Menen · 1 establishment unit since 2013
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.
Krommebeekstraat 418930 MenenGround area
5,530 m²
Building footprint
3,494 m²
Volume, LiDAR
3,588 m³
Parcel 34372B0328/00B000, Flanders · tallest building 6.6 m. Linked by address, not a title deed.
1 establishment unit
SIEBMO
since 20132.223.392.329
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34372B0328/00B000 | Flanders | 5,530 m² | 1 · 3,494 m² | 6.6 m |
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.
Statutory auditor
1 auditor| RSM INTERAUDITCurrent Statutory auditor · represented by Jonas Uytterhaegen | 23-09-2026 → present |
Similar companies · same sector, comparable size
VGT Concept
BE 0707.811.869
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FINAXER
BE 0887.789.629
Sint-Lambrechts-Woluwe · Eq €841,209
PATRIM IURA
BE 0442.134.413
Bilzen-Hoeselt · Eq €841,190
E - TRADE & INVEST
BE 0455.867.138
Olen · Eq €841,708
MAGIMMO
BE 0662.977.281
Walcourt · Eq €842,019
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,219 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
Founded07-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.