SIOEN TECHNICAL FELTS
ActiveSIOEN TECHNICAL FELTS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €893k and a net result of €215k. Equity is shrinking by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 7% of 154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-1
Solvency36▼-28
Growth46▼-11
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.62 in 2024; short-term debt: 88.3% and cash: 0.4% of total assets), and 88.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 13
Relative position
BE, all sectors
reference
Sector 13
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
11.3%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 154 sector peers (2025).
NBB · sector comparisonPosition among 154 sector peers
Solvency
better than 7%
← 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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
66 d early
2023
64 d early
2022
62 d early
2021
47 d early
2020
61 d early
2019
43 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€9.46M▲ 27.5%
2024 · €7.42M
2021: €6.01M
2022: €7.61M
2023: €8.46M
2024: €7.42M
2021 → 2025
EBIT margin
4.0%▼ 1.5pp
2024 · 5.4%
2021: 4.7%
2022: 5.5%
2023: 6.8%
2024: 5.4%
2021 → 2025
Net result
€215k▼ 38.0%
2024 · €347k
2021: €257k
2022: €317k
2023: €528k
2024: €347k
2021 → 2025
Working capital
€-4.18M▼ 172%
2024 · €-1.54M
2021: €5.50M
2022: €5.66M
2023: €480k
2024: €-1.54M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€6.01M-€7.61M▲ 26.5%€8.46M▲ 11.2%€7.42M▼ 12.3%€9.46M▲ 27.5%
Equity€5.99M-€6.30M▲ 5.3%€2.33M▼ 63.0%€2.68M▲ 14.9%€893k▼ 66.6%
Operating result€281k-€421k▲ 49.6%€576k▲ 36.7%€402k▼ 30.2%€374k▼ 7.0%
Net result€257k-€317k▲ 23.6%€528k▲ 66.5%€347k▼ 34.4%€215k▼ 38.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.88M
Fixed assets
€5.10M▲ 20.3%
Current assets
€2.78M▲ 9.0%
Equity and liabilities €7.88M
Equity
€893k▼ 66.6%
Provisions
€11k▼ 0.1%
Debt
€6.98M▲ 70.2%
The debt ratio rises from 60.4% to 88.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€829k▲
2024 · €574k
Cash flow
€670k▲
2024 · €519k
Solvency
11.3%▼
2024 · 39.4%
Current ratio
0.40▼
2024 · 0.62
Quick ratio
0.19▼
2024 · 0.28
Debt / equity
7.81▲
2024 · 1.53
ROE
24.1%▲
2024 · 12.9%
ROA
2.7%▼
2024 · 5.1%
Interest coverage
11.35▼
2024 · 26.21
Debt
€6.98M▲
2024 · €4.10M
Debt ≤ 1 year
€6.96M▲
2024 · €4.09M
Income taxes
€79k▼
2024 · €101k
Staff costs
€1.15M▲
2024 · €1.06M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.79M€7.88M▲
Fixed assets21/28€4.24M€5.10M▲
Tangible fixed assets22/27€4.23M€5.09M▲
Land and buildings22€194k€246k▲
Plant, machinery and equipment23€1.06M€4.82M▲
Furniture and vehicles24€47k€28k▼
Assets under construction and advance payments27€2.93M-
Financial fixed assets28€7k€7k=
Other financial fixed assets284/8€7k€7k=
Amounts receivable and cash guarantees285/8€7k€7k=
Current assets29/58€2.55M€2.78M▲
Stocks and contracts in progress3€1.42M€1.48M▲
Stocks30/36€1.42M€1.48M▲
Raw materials and consumables30/31€638k€560k▼
Finished goods33€783k€916k▲
Amounts receivable within one year40/41€868k€1.27M▲
Trade receivables40€756k€1.12M▲
Other amounts receivable41€113k€148k▲
Cash at bank and in hand54/58€257k€32k▼
Deferred charges and accrued income490/1€5k€5k=
Equity and liabilities
Total equity and liabilities10/49€6.79M€7.88M▲
Equity10/15€2.68M€893k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€130€130=
Profit (loss) carried forward14€2.61M€826k▼
Investment grants15€150€30▼
Provisions and deferred taxes16€11k€11k▼
Provisions for liabilities and charges160/5€11k€11k▲
Pensions and similar obligations160€11k€11k▲
Deferred taxes168€92€10▼
Amounts payable17/49€4.10M€6.98M▲
Amounts payable within one year42/48€4.09M€6.96M▲
Trade debts44€2.60M€2.61M▲
Suppliers440/4€2.60M€2.61M▲
Taxes, remuneration and social security45€404k€233k▼
Taxes450/3€232k€33k▼
Remuneration and social security454/9€172k€200k▲
Other amounts payable47/48€1.08M€4.12M▲
Accrued charges and deferred income492/3€13k€17k▲
Income statement
Code20242025
Operating income70/76A€8.51M€10.27M▲
Turnover70€7.42M€9.46M▲
Change in stocks of work in progress, finished goods and contracts in progress71€316k€152k▼
Other operating income74€776k€655k▼
Operating charges60/66A€8.11M€9.89M▲
Goods for resale, raw materials and consumables60€3.57M€4.47M▲
Purchases600/8€3.47M€4.39M▲
Change in stocks: decrease (increase)609€101k€74k▼
Services and other goods61€3.12M€3.61M▲
Remuneration, social security and pensions62€1.06M€1.15M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€172k€455k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€23k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€47€75▲
Other operating charges640/8€179k€187k▲
Operating profit (loss)9901€402k€374k▼
Financial income75/76B€74k€3k▼
Recurring financial income75€74k€3k▼
Income from current assets751€72k-
Other financial income752/9€1k€3k▲
Financial charges65/66B€28k€83k▲
Recurring financial charges65€28k€83k▲
Debt charges650€22k€73k▲
Other financial charges652/9€6k€10k▲
Profit (loss) for the period before taxes9903€447k€294k▼
Transfer from deferred taxes780€164€82▼
Income taxes67/77€101k€79k▼
Taxes670/3€101k€79k▼
Tax adjustments and reversals of tax provisions77-€252
Profit (loss) for the period9904€347k€215k▼
Profit (loss) for the period to be appropriated9905€347k€215k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.61M€2.83M▲
Profit (loss) brought forward from the previous period14P€2.26M€2.61M▲
Profit to be distributed694/7-€2.00M
Return on contributions (dividend)694-€2.00M
Social balance
Average headcount (FTE)908714.415.5▲
The notes to these accounts (46 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €215k ▼38%
Net result drops to €215k, the lowest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2021net €528k ▲66.5%
Operating result €576k, net result €528k, both a record.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 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
no sitting director, last change in 2025
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.
13-11-2025
Frank Veranneman: Resigned as Director
24-05-2018
Jacqueline SIOEN-ZOETE: Resigned as Manager
Not every act has been read: a resignation may be missing here
17 of this company's 17 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2001
Ground area
2.4 ha
Building footprint
2.2 ha
Volume, LiDAR
147,417 m³
Parcel 62078A0558/00R041, Wallonia · tallest building 15.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Ernest-Solvay 181, 4000 Liège
since 20012.103.224.373
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0558/00R041 | Wallonia | 2.4 ha | 1 · 2.2 ha | 15.2 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.
Similar companies · same sector, comparable size
REMOVE INSUL
BE 0453.507.860
Beveren-Kruibeke-Zwijndrecht · Eq €882k
EUTIMA
BE 0415.412.891
Eeklo · Eq €911k
Schlegel Electronic Materials
BE 0874.084.915
Zedelgem · Eq €923k
PRINTBOX
BE 0860.086.726
Charleroi · Eq €963k
Arrotex
BE 0414.502.774
Kruisem · Eq €808k
Of 138 companies in sector 13960 we hold annual accounts for 84. 62 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-03-2001
Fiscal year end31-12
Activities, NACEBEL
13960Manufacture of textiles
17540
13929Manufacture of textiles
17402
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.