SIGOS
The computed 12-month bankruptcy probability of SIGOS is 1.0% (low). The 2024 annual accounts show negative equity (€-744k) and a net result of €-1.01M. Equity is shrinking by ~77.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 972 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-744k |
| Net result | €-1.01M |
| Staff (FTE) | 6 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -81.4% | 27.2% | |
| Net result | €-1.01M | €23k | |
| Equity | €-744k | €171k | |
| Gross operating margin | €-47k | €173k | |
| Staff costs | €725k | €166k |
Show 13 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-880k |
| Net profit | €-1.01M |
| Cash flow | €-983k |
| Staff costs | €725k |
| Income taxes | €12k |
| Dividends | - |
| Total assets | €914k |
| Equity | €-744k |
| Debt | €1.66M |
| of which ≤ 1y | €1.58M |
| of which > 1y | - |
| Working capital | €-685k |
| Employees (FTE) | 6.0 |
| 2024 | |
|---|---|
| Current ratio | 0.57 |
| Quick ratio | 0.57 |
| Working capital ratio | -74.9% |
| Solvency | -81.4% |
| Debt / equity | -2.23 |
| Long-term debt ratio | - |
| Interest coverage | -9.23 |
| Gross margin | - |
| Net margin | - |
| ROA | -110.1% |
| ROE | 135.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €914k |
| Fixed assets | 21/28 | €20k |
| Tangible fixed assets | 22/27 | €15k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €895k |
| Amounts receivable within one year | 40/41 | €304k |
| Cash & bank | 54/58 | €547k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €914k |
| Equity | 10/15 | €-744k |
| Contributions / capital | 10/11 | €5.01M |
| Accumulated profits (losses) | 14 | €-5.76M |
| Amounts payable | 17/49 | €1.66M |
| Amounts payable within one year | 42/48 | €1.58M |
| Trade debts payable within one year | 44 | €99k |
| Income statement | ||
| Gross operating margin | 9900 | €-47k |
| Operating result | 9901 | €-904k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €95k |
| Result before taxes | 9903 | €-994k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €-1.01M |
| Result to be appropriated | 9905 | €-1.01M |
-
Riputapan SINGHDirectorState Gazette act 23112443 (31-08-2023)Current31-08-2023 → present
-
Bishal Bahadur BishtDirectorState Gazette act 23033381 (08-03-2023)Current08-03-2023 → present
Historic, not recently confirmed (2)
-
Norbert NeumeisterDirectorState Gazette act 18118277 (30-07-2018)Not recently confirmedlast confirmed in an act from 2018
-
Kevin Conal BurnsDirectorState Gazette act 16168314 (08-12-2016)Not recently confirmedlast confirmed in an act from 2016
Permanent representatives (1)
-
Thomas DurieuxVaste vertegenwoordiger commissarisState Gazette act 18148291 (08-10-2018)Permanent representative08-10-2018 → present
Former directors (10)
-
William John AtkinsDirectorState Gazette act 23033381 (08-03-2023)Former08-03-2023 → 31-08-2023
2 events
- 31-08-2023 Resigned· Director
- 08-03-2023 Appointed· Director
-
Bishal BishtDirectorState Gazette act 23070171 (31-05-2023)Former- → 31-05-2023
-
Andrew Chorley WarnerDirectorState Gazette act 20094235 (14-08-2020)Former14-08-2020 → 08-03-2023
2 events
- 08-03-2023 Resigned· Director
- 14-08-2020 Appointed· Director
-
Orathi Pathangi SrinivasanDirectorState Gazette act 20094235 (14-08-2020)Former14-08-2020 → 08-03-2023
2 events
- 08-03-2023 Resigned· Director
- 14-08-2020 Appointed· Director
-
Adil KayaDirectorState Gazette act 20094235 (14-08-2020)Former- → 14-08-2020
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BDO Bedrijfsrevisoren Statutory auditor |
- | 08-10-2018 → 08-10-2018 |
| NACE primary | Handelsbemiddeling in de groothandel in andere specifieke goederen(46180) |
| Legal form | Private limited company(610) |
| Incorporation | 22-10-2003 |
| Status | Active |
| Postal code | 9050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 1,241 m² | 18.8 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 29 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
31-08-2023 1 director appointed, 1 resigning
- Riputapan SINGH, Bestuurder
- William John ATKINS, Bestuurder
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- Bishal Bisht, Bestuurder
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- Bishal Bahadur Bisht, Bestuurder
- William John Atkins, Bestuurder
- Orathi Pathangi Srinivasan, Bestuurder
- Andrew Chorley Warner, Bestuurder
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}14-08-2020 Articles of association amended
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}11-10-2018 Articles of association amended
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}08-10-2018 2 directors appointed
- BDO Bedrijfsrevisoren, Commissaris
- Thomas Durieux, Vaste vertegenwoordiger commissaris
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}30-07-2018 1 director appointed, 2 resigning
- Norbert Neumeister, Bestuurder
- John Van Siclen, Bestuurder
- Kevin Burns, Bestuurder
Technical details
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}08-12-2016 1 director appointed, 1 resigning
- Kevin Conal Burns, Bestuurder
- Kenneth R. Stillwell, Jr., Bestuurder
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}30-09-2015 Publication in the Belgian Official Gazette, Minor change
Technical details
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"date": "2015-09-09",
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"agm_change": {
"new_schedule": "derde donderdag van de maand mei om twintig uur",
"old_schedule": null,
"effective_from_year": 2016,
"rule_changes_summary": null
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"remuneration_eur": 0.0,
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"new_end_mm_dd": "31-12",
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"new_start_mm_dd": "01-01",
"old_start_mm_dd": "01-01",
"first_full_new_year": 2016,
"transition_period_end": "2015-12-31"
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"liquidation_closure": {
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"should_reroute_to_category": null,
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}18-06-2015 2 directors appointed, 2 resigning
- John van Siclen, Bestuurder
- Kenneth R. Stillwell, Jr., Bestuurder
- David Peterson, Bestuurder
- Jennifer Tejada, Bestuurder
Technical details
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}| Legal nameNL | SIGOS |