SILCAT
Open bankruptcyA bankruptcy procedure is open for SILCAT according to publications in the Belgian State Gazette; curator: BRECHT DAWYNDT.
Summary
The file additionally contains 1 administrative flag. The 2025 annual accounts show equity of €86k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2284 sector peers (2025).
NBB · sector comparisonPosition among 2284 sector peers
Solvency
better than 21%
← weakest
strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
342 d late
2023
707 d late
2022
1073 d late
2021
1324 d late
2020
31 d late
2019
112 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
Checked, nothing found (1)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€86k=
2024 · €86k
2018: €-90klowest in 8 years
2019: €-30k▲ +66.6% vs 2018
2020: €96k▲ +420% vs 2019
2021: €156k▲ +62.9% vs 2020highest in 8 years
2022: €129k▼ -17.3% vs 2021
2023: €93k▼ -28.1% vs 2022
2024: €86k▼ -7.1% vs 2023
2025: €86k● 0.0% vs 2024
2018 → 2025
Total assets
€958k=
2024 · €958k
2018: €61klowest in 8 years
2019: €151k▲ +148% vs 2018
2020: €945k▲ +528% vs 2019
2021: €1.05M▲ +10.7% vs 2020highest in 8 years
2022: €999k▼ -4.5% vs 2021
2023: €965k▼ -3.4% vs 2022
2024: €958k▼ -0.7% vs 2023
2025: €958k● 0.0% vs 2024
2018 → 2025
Net result
€-7k▲ 81.8%
2023 · €-36k
2018: €34k
2019: €60k▲ +76.7% vs 2018
2020: €126k▲ +110% vs 2019highest in 7 years
2021: €60k▼ -52.1% vs 2020
2022: €-27k▼ -145% vs 2021
2023: €-36k▼ -33.9% vs 2022lowest in 7 years
2024: €-7k▲ +81.8% vs 2023
2018 → 2024
Working capital
€933k=
2024 · €933k
2018: €-135klowest in 8 years
2019: €-93k▲ +31.4% vs 2018
2020: €893k▲ +1064% vs 2019
2021: €985k▲ +10.4% vs 2020highest in 8 years
2022: €961k▼ -2.4% vs 2021
2023: €935k▼ -2.7% vs 2022
2024: €933k▼ -0.2% vs 2023
2025: €933k● 0.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€156k-€129k▼ 17.3%€93k▼ 28.1%€86k▼ 7.1%€86k=
2021: €156khighest in 5 years
2022: €129k▼ -17.3% vs 2021
2023: €93k▼ -28.1% vs 2022
2024: €86k▼ -7.1% vs 2023lowest in 5 years
2025: €86k● 0.0% vs 2024lowest in 5 years
Operating result€84k-€-26k€-36k▼ 36.0%€-6k▲ 82.0%
2021: €84khighest in 4 years
2022: €-26k▼ -131% vs 2021
2023: €-36k▼ -36.0% vs 2022lowest in 4 years
2024: €-6k▲ +82.0% vs 2023
Net result€60k-€-27k€-36k▼ 33.9%€-7k▲ 81.8%
2021: €60khighest in 4 years
2022: €-27k▼ -145% vs 2021
2023: €-36k▼ -33.9% vs 2022lowest in 4 years
2024: €-7k▲ +81.8% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €36k in 2023; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €958k
Equity
€86k =
Debt
€872k =
Debt's share of the balance-sheet total stays at 91.0%.
Key figures and ratios
Current ratio
39.05=
2024 · 39.05
Debt to equity
10.13=
2024 · 10.13
Debt ≤ 1 year
€25k=
2024 · €25k
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 · 30 lines
Balance sheet
Code20242025
Assets
Total assets20/58€958k€958k=
Current assets29/58€958k€958k=
Amounts receivable within one year40/41€62k€62k=
Trade receivables40€38k€38k=
Other amounts receivable41€24k€24k=
Cash at bank and in hand54/58€11k€11k=
Deferred charges and accrued income490/1€885k€885k=
Equity and liabilities
Total equity and liabilities10/49€958k€958k=
Equity10/15€86k€86k=
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€66k€66k=
Amounts payable17/49€872k€872k=
Amounts payable within one year42/48€25k€25k=
Taxes, remuneration and social security45€25k€25k=
Taxes450/3€25k€25k=
Accrued charges and deferred income492/3€847k€847k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62-
Other operating charges640/8€901-
Gross operating margin9900€-5k-
Operating profit (loss)9901€-6k-
Financial charges65/66B€147-
Recurring financial charges65€147-
Profit (loss) for the period before taxes9903€-7k-
Profit (loss) for the period9904€-7k-
Profit (loss) for the period to be appropriated9905€-7k-
Appropriation of the result
Profit (loss) to be appropriated9906€66k€66k=
Profit (loss) brought forward from the previous period14P€72k€66k▼
The notes to these accounts (3 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €270 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €18k | €10k | €62 | - | - |
| Other operating charges640/8 | €896 | €1k | €828 | €901 | - | - |
| Gross operating margin9900 | €103k | €-7k | €-25k | €-5k | - | - |
| Operating profit (loss)9901 | €84k | €-26k | €-36k | €-6k | - | - |
| Financial income75/76B | - | €4 | - | - | - | - |
| Recurring financial income75 | - | €4 | - | - | - | - |
| Financial charges65/66B | €171 | €208 | €117 | €147 | - | - |
| Recurring financial charges65 | €171 | €208 | €117 | €147 | - | - |
| Profit (loss) for the period before taxes9903 | €84k | €-26k | €-36k | €-7k | - | - |
| Income taxes67/77 | €24k | €538 | €320 | - | - | - |
| Profit (loss) for the period9904 | €60k | €-27k | €-36k | €-7k | - | - |
| Profit (loss) for the period to be appropriated9905 | €60k | €-27k | €-36k | €-7k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.05M | €999k | €965k | €958k | €958k | = |
| Fixed assets21/28 | €28k | €10k | €62 | - | - | - |
| Tangible fixed assets22/27 | €28k | €10k | €62 | - | - | - |
| Land and buildings22 | €6k | €3k | - | - | - | - |
| Furniture and vehicles24 | €22k | €7k | €62 | - | - | - |
| Current assets29/58 | €1.02M | €989k | €965k | €958k | €958k | = |
| Amounts receivable within one year40/41 | €117k | €84k | €78k | €62k | €62k | = |
| Trade receivables40 | €58k | €8k | - | €38k | €38k | = |
| Other amounts receivable41 | €59k | €76k | €78k | €24k | €24k | = |
| Cash at bank and in hand54/58 | €16k | €19k | €2k | €11k | €11k | = |
| Deferred charges and accrued income490/1 | €885k | €885k | €885k | €885k | €885k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.05M | €999k | €965k | €958k | €958k | = |
| Equity10/15 | €156k | €129k | €93k | €86k | €86k | = |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €135k | €108k | €72k | €66k | €66k | = |
| Amounts payable17/49 | €890k | €870k | €872k | €872k | €872k | = |
| Amounts payable within one year42/48 | €33k | €27k | €30k | €25k | €25k | = |
| Trade debts44 | €4k | €19 | €5k | - | - | - |
| Suppliers440/4 | €4k | €19 | €5k | - | - | - |
| Taxes, remuneration and social security45 | €30k | €27k | €25k | €25k | €25k | = |
| Taxes450/3 | €30k | €27k | €25k | €25k | €25k | = |
| Accrued charges and deferred income492/3 | €857k | €843k | €843k | €847k | €847k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60k | €-27k | €-36k | €-7k | - | - |
| + Depreciation and write-downs630 | €18k | €18k | €10k | €62 | - | - |
| Operating cash flow (approximation) | €78k | €-9k | €-26k | €-7k | - | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €3k | €-17k | €9k | €0 | ▼ 100% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 342 days late
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 707 days late
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1073 days late
16-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · event 06-05-2026
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1324 days late
2025
08-09
KBO administration
Late accounts filing
2023
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series.
2021
31-12
Financial
Equity above €150kEq €156k ▲62.9%
4 profitable years in a row build equity to €156k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €126k ▲110%
Operating result €126k, net result €126k, both a record.
31-12
Financial
Liquidity times 270current ratio 131.30
Current ratio from 0.49 to 131.30; short-term debt falls from €180k to €7k.
Show earlier events
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, De Panne · 1 establishment unit since 1998
Ground area
4,769 m²
Building footprint
960 m²
Volume, LiDAR
22,488 m³
Parcel 38352D0484/00D000, Flanders · tallest building 28.3 m, ±8 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
SILCAT
since 19982.087.627.862
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38352D0484/00D000 | Flanders | 4,769 m² | 1 · 960 m² | 28.3 m · 8 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRECHT DAWYNDT ZEELAAN 195, 8670 KOKSIJDE- |
06-05-2026 → present |
Similar companies · same sector, comparable size
MA Solution Business
BE 1000.395.543
Elsene · Eq €83k
AVS BELGIUM
BE 0860.832.834
Brussel · Eq €90k
SYLVIE SOINS
BE 0895.000.390
Mons · Eq €81k
ADVIA
BE 0808.648.418
Hasselt · Eq €79k
RECTUS
BE 0432.794.796
Knokke-Heist · Eq €103k
Of 150 companies in sector 82910 we hold annual accounts for 78. 57 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 (pre-2019)
Founded06-07-1998
Fiscal year end31-12
Activities, NACEBEL 2025
82910Office administrative, office support and other business support activities
Scores and ratios are computed by Checked and are not a credit decision.