SITCON
ActiveSITCON has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12k and a net result of €-2k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 49% of 276 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-6
Solvency72▼-16
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.1 in 2023; short-term debt: 53.2% and cash: 19.5% of total assets), and 53.2% 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 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
46.8%
Return on assets
-8.7%
Age of the figures
20 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
40 d early
2022
32 d early
2021
38 d early
2020
45 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€12k▼ 15.7%
2023 · €14k
2018: €14k
2019: €12k
2020: €10k
2021: €14k
2022: €16k
2023: €14k
2018 → 2024
Total assets
€25k▲ 13.8%
2023 · €22k
2018: €36k
2019: €30k
2020: €27k
2021: €32k
2022: €27k
2023: €22k
2018 → 2024
Net result
€-2k▲ 13.2%
2023 · €-2k
2018: €-349
2019: €-1k
2020: €-3k
2021: €5k
2022: €2k
2023: €-2k
2018 → 2024
Working capital
€720▼ 11.1%
2023 · €810
2018: €-2k
2019: €-822
2020: €-1k
2021: €4k
2022: €8k
2023: €810
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€10k-€14k▲ 48.1%€16k▲ 13.9%€14k▼ 15.3%€12k▼ 15.7%
Operating result€-3k-€5k€2k▼ 59.7%€-2k€-2k▲ 21.6%
Net result€-3k-€5k€2k▼ 57.3%€-2k€-2k▲ 13.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €2k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €25k
Fixed assets
€11k▼ 16.0%
Current assets
€14k▲ 57.6%
Equity and liabilities €25k
Equity
€12k▼ 15.7%
Debt
€13k▲ 64.5%
The debt ratio rises from 36.8% to 53.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€266▼
2023 · €500
Cash flow
€-90▼
2023 · €311
Solvency
46.8%▼
2023 · 63.2%
Current ratio
1.05▼
2023 · 1.10
Quick ratio
1.05▼
2023 · 1.10
Debt / equity
1.14▲
2023 · 0.58
ROE
-18.6%▼
2023 · -18.1%
ROA
-8.7%▲
2023 · -11.4%
Interest coverage
0.71▼
2023 · 1.82
Debt
€13k▲
2023 · €8k
Debt ≤ 1 year
€13k▲
2023 · €8k
Staff costs
€17k▼
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€22k€25k▲
Fixed assets21/28€13k€11k▼
Tangible fixed assets22/27€11k€9k▼
Furniture and vehicles24€554€282▼
Other tangible fixed assets26€10k€9k▼
Financial fixed assets28€2k€2k=
Current assets29/58€9k€14k▲
Amounts receivable within one year40/41€3k€9k▲
Trade receivables40€3k€9k▲
Cash at bank and in hand54/58€6k€5k▼
Deferred charges and accrued income490/1€312€320▲
Equity and liabilities
Total equity and liabilities10/49€22k€25k▲
Equity10/15€14k€12k▼
Contributions10/11€6k€6k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€3k€859▼
Amounts payable17/49€8k€13k▲
Amounts payable within one year42/48€8k€13k▲
Trade debts44€331€7k▲
Suppliers440/4€331€7k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€466€466=
Income statement
Code20232024
Remuneration, social security and pensions62€17k€17k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€162€62▼
Gross operating margin9900€17k€17k▼
Operating profit (loss)9901€-2k€-2k▲
Financial income75/76B€85€19▼
Recurring financial income75€85€19▼
Financial charges65/66B€274€376▲
Recurring financial charges65€274€376▲
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€859▼
Profit (loss) brought forward from the previous period14P€6k€3k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Maaseik · 1 establishment unit since 2010
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.
Bleumerstraat 83680 MaaseikGround area
58 m²
Building footprint
58 m²
Volume, LiDAR
563 m³
Parcel 72021E0531/00A000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sitcon
since 20102.185.327.252
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021E0531/00A000 | Flanders | 58 m² | 1 · 58 m² | 11.7 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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BESTICT
BE 0645.853.318
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SOFTRONIC ENGINEERING
BE 0430.994.160
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AV WIZARD
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Of 147 companies in sector 26200 we hold annual accounts for 85. 33 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2009
Fiscal year end31-12
Activities, NACEBEL
26200Manufacture of computer, electronic and optical products
46649Wholesale of other machinery and equipment
46500Wholesale of information and communication equipment
46510Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:089680474