OPENING OF BANKRUPTCY

SITH SERVICES

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Financial year 2025 · closed on 31/12/2025

Net result

-23,3 k €

-211.0% YoY

Gross margin

-16,4 k €

-152.1% YoY

Equity

161,8 k €

-12.6% YoY

Company — Opening of bankruptcy.

Strike-off: 12 septembre 2026

What does SITH SERVICES do?

SITH SERVICES is a Private company with limited liability incorporated in 2001. Its main activity is: Advertising agencies. Its registered office is in Mortsel.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0474.307.432

Incorporation

13/03/2001

Legal form

Private company with limited liability

Registered office

Hendrik Kuijpersstraat 41
2640 Mortsel · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

73110Advertising agencies· main 68201Rental and operating of own or leased real estate 73200Market research and public opinion polling

Joint committees (1)

Signals

Solid equityGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-16,4 k €	-152%	31,5 k €	-76.1%	131,8 k €	+86.6%	70,6 k €	+51.1%	46,7 k €	+18.8%	39,3 k €	-31.1%	57,1 k €	-9.8%	63,4 k €	+13.4%	55,9 k €	-12.0%	63,5 k €	+32.6%	47,9 k €	+13.4%	42,2 k €	+36.7%	30,9 k €	-22.4%	39,8 k €	+31732%	-125,9 €		–		-1,8 k €	+89.1%	-16,3 k €	-73.7%	-9,4 k €	+18.7%	-11,5 k €
EBITDA	-21,5 k €	-169%	31,2 k €	-76.2%	131,2 k €	+87.2%	70,1 k €	+58.0%	44,4 k €	+15.1%	38,6 k €	-31.5%	56,3 k €	-7.6%	60,9 k €	+15.7%	52,6 k €	-15.8%	62,6 k €	+32.5%	47,2 k €	+16.1%	40,7 k €	+34.1%	30,3 k €	-22.4%	39,1 k €	+5043%	-791,0 €	+0.6%	-795,8 €	+63.3%	-2,2 k €	+87.2%	-17,0 k €	-68.5%	-10,1 k €	+16.9%	-12,2 k €
Operating result	-21,5 k €	-169%	31,2 k €	-76.2%	131,2 k €	+87.2%	70,1 k €	+58.0%	44,4 k €	+15.1%	38,6 k €	-31.5%	56,3 k €	+1.7%	55,4 k €	+17.6%	47,1 k €	-17.4%	57,0 k €	+36.9%	41,6 k €	+18.7%	35,1 k €	+15.7%	30,3 k €	-22.4%	39,1 k €	+4189%	-956,2 €	+0.5%	-961,0 €	+60.3%	-2,4 k €	+86.6%	-18,1 k €	-62.0%	-11,2 k €	+22.1%	-14,3 k €
Net result	-23,3 k €	-211%	21,0 k €	-77.2%	91,9 k €	+85.6%	49,5 k €	+44.6%	34,3 k €	+17.3%	29,2 k €	-30.0%	41,7 k €	+11.6%	37,4 k €	+6.9%	35,0 k €	-4.7%	36,7 k €	+34.5%	27,3 k €	-21.4%	34,7 k €	+14.7%	30,3 k €	-21.5%	38,5 k €	+2314%	-1,7 k €	-52.1%	-1,1 k €	+52.7%	-2,4 k €	+86.6%	-18,1 k €	-62.3%	-11,1 k €	+22.2%	-14,3 k €
Balance sheet
Equity	161,8 k €	-12.6%	185,1 k €	+12.8%	164,1 k €	+127%	72,2 k €	+219%	22,7 k €	-47.8%	43,4 k €	+206%	14,2 k €	+13.7%	12,5 k €	-86.1%	90,1 k €	+63.4%	55,1 k €	+199%	18,5 k €	+309%	-8,8 k €	+79.7%	-43,5 k €	+41.0%	-73,8 k €	+34.3%	-112,3 k €	-1.6%	-110,6 k €	-1.0%	-109,4 k €	-2.3%	-107,0 k €	-20.3%	-88,9 k €	-14.3%	-77,8 k €
Total assets	196,0 k €	-16.4%	234,3 k €	+4.1%	225,1 k €	+156%	88,1 k €	-8.6%	96,3 k €	+19.1%	80,9 k €	+18.2%	68,4 k €	-55.5%	153,9 k €	+18.3%	130,1 k €	+39.9%	93,0 k €	+80.3%	51,6 k €	+45.3%	35,5 k €	+326%	8,3 k €	+189%	2,9 k €	+1219%	218,5 €	-43.1%	383,7 €	-63.9%	1,1 k €	-76.9%	4,6 k €	-69.0%	14,9 k €	+11.6%	13,3 k €
Cash	–		–		0,0 €	-100%	14,1 k €	-80.0%	70,1 k €	+148%	28,3 k €	+45.6%	19,4 k €	-55.7%	43,9 k €	+138%	18,4 k €	+162%	7,0 k €	+24.4%	5,7 k €	-17.3%	6,8 k €	+37.7%	5,0 k €	+1563%	298,7 €		–		–		–		2,5 k €	-42.4%	4,3 k €	-44.8%	7,9 k €
Debts	27,1 k €	-39.4%	44,7 k €	-26.7%	61,0 k €	+284%	15,9 k €	-78.4%	73,7 k €	+96.5%	37,5 k €	-30.9%	54,2 k €	-61.6%	141,4 k €	+254%	40,0 k €	+5.6%	37,8 k €	+14.2%	33,1 k €	-25.3%	44,3 k €	-14.5%	51,8 k €	-32.4%	76,7 k €	-31.9%	112,5 k €	+1.4%	111,0 k €	+0.4%	110,5 k €	-1.0%	111,6 k €	+7.6%	103,8 k €	+13.9%	91,1 k €

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Olivia CLAEYS

Director · since 22 décembre 2008

Active

Ended mandates

TIM VAN DESSEL

Manager · since 05 mars 2001

Ended

OLIVIA CLAEYS

Manager

Ended

TIM VAN DESSEL

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	23/07/2026	05/07/2024	26/07/2023	29/08/2022	27/10/2021
General meeting	30/06/2026	30/06/2026	07/06/2024	30/06/2023	03/06/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	23/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2026	23/07/2026	Dutch	PDF
Micro model	31/12/2023	07/06/2024	05/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	27/10/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	28/08/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	30/07/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	23/09/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	18/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	23/09/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	29/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	28/09/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	13/12/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	01/09/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Olivia CLAEYS

Director · since 22 décembre 2008

Active

Ended mandates

TIM VAN DESSEL

Manager · since 05 mars 2001

Ended

OLIVIA CLAEYS

Manager

Ended

TIM VAN DESSEL

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office02/03/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/01/2009
ALGEMENE VERGADERING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-23,3 k €↓
2024
Annual accounts 202421,0 k €↓
2023
Annual accounts 202391,9 k €↑
2022
Annual accounts 202249,5 k €↑
2021
Annual accounts 202134,3 k €↑
2020
Annual accounts 202029,2 k €↓
2019
Annual accounts 201941,7 k €↑
2018
Annual accounts 201837,4 k €↑
2017
Annual accounts 201735,0 k €↓
2016
Annual accounts 201636,7 k €↑
2015
Annual accounts 201527,3 k €↓
2014
Annual accounts 201434,7 k €↑
2013
Annual accounts 201330,3 k €↓
2012
Annual accounts 201238,5 k €↑
2011
Annual accounts 2011-1,7 k €↓
2010
Annual accounts 2010-1,1 k €↑
2009
Annual accounts 2009-2,4 k €↑
2008
Annual accounts 2008-18,1 k €↓
2007
Annual accounts 2007-11,1 k €↑
2006
Annual accounts 2006-14,3 k €
13/03/2001
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SITH SERVICES

Overview

What does SITH SERVICES do?

Trend over 20 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline