Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SICLI from Ukkel, company number BE0450124144, closed financial year 2023 with a result of € -9 million after tax. For that financial year SICLI recorded revenue of € 34.6 million and equity of € -9.5 million. Compared with financial year 2022, the result moved from € -23.3 million to € -9 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 19, 2024.
€ -9.5 million
▼ € 9 million vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9 million
▲ 61 % less loss than in 2022
Profit after tax over the fiscal year.
€ 2.3 million
▲ 109% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.3 million.
People and assets in 2023
298.6
▼ 22.2 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 19.9 million
▲ 2% vs 2022
€ 66,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.2 million
▼ 40% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 2.6 million
▼ 14% vs 2022
€ 599,631 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 7.1 million
▲ 40% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 117 days on average.
€ 6.2 million
▲ 28% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Revenue | € 30,063,791 | € 34,604,034 | ▲ 15% |
| Profit after taxes | € -23,264,201 | € -8,967,551 | ▲ € 14.3 million |
| Equity | € -560,460 | € -9,528,011 | ▼ € 9 million |
| Total debts | € 28,636,765 | € 33,811,139 | ▲ 18% |
| Cash | € 1,092,175 | € 2,280,399 | ▲ 109% |
| Retained profit | € -1,369,760 | € -10,337,311 | ▼ € 9 million |
| Bank debt | € 3,005,834 | € 2,595,750 | ▼ 14% |
| Balance sheet total | € 33,687,723 | € 29,934,345 | ▼ 11% |
| Employees (FTE) | 320.8 | 298.6 | ▼ 22.2 |
Key figures of SICLI, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to SICLI?
What happened at SICLI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SICLI is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 9 million. Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 23.3 million loss in 2022 to € 9 million loss in 2023.
Paid € 394,094 in corporate taxes since 2022.
Pays suppliers within 117 days on average.
Management
The stake of Advanced Fire Technologies, FIRE INVEST ONE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SICLIBehind SICLI are Bénédicte Herry, Michèle Gilormini, UNICORN REAL ESTATE SRL, Philippe Selle and De Smedt Pierre. The shares are held by Advanced Fire Technologies (50.7%) and FIRE INVEST ONE (4.5%).
Directors
According to the 2023 annual accounts
Bénédicte Herry
Director
Managing director · represented by Gaëtan Piret
Also active at: AQUAFLAM, STATAMAT, ICADIS, BRUMATEX, B.G.S., VANOR ET CIE, Advanced Fire Technologies, AB ALGEMENE BRANDBEVEILING +5 more
De Smedt Pierre
Director
Shareholders
4.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Merlostraat 1
1180 Ukkel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.124.144
- VAT number
- BE 0450.124.144
- Registered office
- Merlostraat 1, 1180 Ukkel
- Names & denominations
- SICLI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 11 May 1993
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van toestellen voor het spuiten van vloeistoffen of poeder, inclusief brandblusapparaten
Vervaardiging van spuittoestellen, inclusief blusapparaten
Vervaardiging van overige producten van metaal, neg
Vervaardiging van andere elektrische apparatuur
Algemene elektrotechnische installatiewerken