SILI.M.G.
ActiveSummary
The computed 12-month bankruptcy probability of SILI.M.G. is 2.2% (moderate). For SILI.M.G., at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (€-14k) and a net result of €-9k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 14641 sector peers (fiscal year 2022). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-100
Solvency0▼-10
Growth35▼-36
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
-66.5%
Return on assets
-44.2%
Age of the figures
45 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-05-2026, 1035 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
1035 d late
2021
1400 d late
2020
1647 d late
2019
315 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€36k▼ 32.2%
2021 · €54k
2020: €50k
2021: €54k
2020 → 2022
EBIT margin
-24.6%▼ 55.2pp
2021 · 30.6%
2020: 22.5%
2021: 30.6%
2020 → 2022
Net result
€-9k
2021 · €16k
2020: €11k
2021: €16k
2020 → 2022
Working capital
€16k▼ 35.5%
2021 · €25k
2020: €9k
2021: €25k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€50k-€54k▲ 7.7%€36k▼ 32.2%
Equity€-21k-€-5k▲ 78.2%€-14k▼ 199%
Operating result€11k-€16k▲ 46.4%€-9k
Net result€11k-€16k▲ 46.5%€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €9k after €16k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €21k
Fixed assets
€3k ▼ 0.5%
Current assets
€17k ▼ 35.3%
Key figures and ratios
EBITDA
€-9k▼
2021 · €16k
Cash flow
€-9k▼
2021 · €16k
Solvency
-66.5%▼
2021 · -15.3%
Current ratio
28.73▼
2021 · 31.00
Debt to equity
-2.50▲
2021 · -7.54
ROA
-44.2%▼
2021 · 54.9%
Interest coverage
-101.41▼
2021 · 316.27
Debt
€34k▼
2021 · €34k
Debt ≤ 1 year
€593▼
2021 · €850
Debt > 1 year
€34k=
2021 · €34k
Staff costs
€0
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 · 2022 against 2021 · 47 lines
Balance sheet
Code20212022
Assets
Total assets20/58€30k€21k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Plant, machinery and equipment23€811€589▼
Furniture and vehicles24€3k€3k▲
Financial fixed assets28€132€132=
Current assets29/58€26k€17k▼
Amounts receivable within one year40/41€4k€4k=
Trade receivables40€3k€3k=
Other amounts receivable41€484€485▲
Cash at bank and in hand54/58€22k€13k▼
Equity and liabilities
Total equity and liabilities10/49€30k€21k▼
Equity10/15€-5k€-14k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-25k€-34k▼
Amounts payable17/49€34k€34k▼
Amounts payable after more than one year17€34k€34k=
Other amounts payable178/9€34k€34k=
Amounts payable within one year42/48€850€593▼
Trade debts44€0€593▲
Suppliers440/4€0€521▲
Bills of exchange payable441-€72
Taxes, remuneration and social security45€770€0▼
Taxes450/3€770€0▼
Other amounts payable47/48€80€0▼
Accrued charges and deferred income492/3€0€0=
Income statement
Code20212022
Turnover70€54k€36k▼
Goods, raw materials, services and sundry goods60/61€37k€45k▲
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€268▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0
Other operating charges640/8€652€474▼
Non-recurring operating charges66A€20k€0▼
Gross operating margin9900€38k€-8k▼
Operating profit (loss)9901€16k€-9k▼
Financial charges65/66B€52€86▲
Recurring financial charges65€52€86▲
Profit (loss) for the period before taxes9903€16k€-9k▼
Profit (loss) for the period9904€16k€-9k▼
Profit (loss) for the period to be appropriated9905€16k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-34k▼
Profit (loss) brought forward from the previous period14P€-41k€-25k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1035 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1400 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1647 days late
2022
31-12
Financial
Weakest financial yearnet €-9k ▼155%
Net result drops to €-9k, the lowest in the series.
2021
31-12
Financial
Highest result since 2020net €16k ▲46.5%
Operating result €16k, net result €16k, both a record.
31-12
Financial
Liquidity times 6current ratio 31.00
Current ratio from 4.86 to 31.00; short-term debt falls from €2k to €850.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 315 days late
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 681 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 381 days late
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 661 days late
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 837 days late
06-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 463 days late
2014
05-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waterloo · 1 establishment unit since 2003
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.
Chaussée de Bruxelles 1651410 WaterlooGround area
2,367 m²
Building footprint
1,257 m²
Volume, LiDAR
13,452 m³
2 parcels, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SILI.M.G.
since 20032.133.204.402
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763L0424/00D000 | Wallonia | 1,273 m² | 1 · 1,069 m² | 13.0 m · 4 fl. |
| 25763L0111/00A000indicative | Wallonia | 1,094 m² | 1 · 188 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TOOLTECH
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'RS'
BE 0597.788.333
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 505 companies in sector 46841 we hold annual accounts for 365. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
46841Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.