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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 12.9 to 4.5.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SITA from Courcelles, company number BE0457054102, closed financial year 2025 with a result of € 131,334 after tax. For that financial year SITA recorded revenue of € 280,327 and equity of € -2 million. Compared with financial year 2024, the result moved from € 45,026 to € 131,334. Profitable, and profit is growing. 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 January 29, 2026.
€ -2 million
▲ € 93,811 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 131,334
▲ 192% vs 2024
Profit after tax over the fiscal year.
€ 46,288
▲ € 42,698 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2.6 million.
People and assets in 2025
4.5
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 154,780
▼ 69% vs 2024
€ 34,400 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.
€ 132
▼ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 405,630
▼ 16% vs 2024
€ 66,472 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 725,091
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,414
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 746,826 | € 993,802 | € 716,078 | € 280,327 | ▼ 61% |
| Gross margin | € 563,943 | € 726,171 | € 818,972 | € 474,921 | ▼ 42% |
| Profit after taxes | € -187,896 | € -131,827 | € 45,026 | € 131,334 | ▲ 192% |
| Equity | € -1,894,374 | € -2,063,724 | € -2,056,222 | € -1,962,411 | ▲ € 93,811 |
| Total debts | € 3,078,852 | € 3,117,085 | € 2,853,347 | € 2,604,659 | ▼ 9% |
| Cash | € 8,382 | € 6,428 | € 3,590 | € 46,288 | ▲ € 42,698 |
| Land & buildings | € 958,628 | € 807,705 | € 593,766 | € 428,952 | ▼ 28% |
| Retained profit | € -2,643,777 | € -2,775,604 | € -2,730,578 | € -2,599,244 | ▲ € 131,334 |
| Bank debt | € 841,341 | € 733,072 | € 483,780 | € 405,630 | ▼ 16% |
| Balance sheet total | € 1,184,478 | € 1,053,360 | € 797,125 | € 642,248 | ▼ 19% |
| Employees (FTE) | 11.7 | 12.9 | 7.3 | 4.5 | ▼ 2.8 |
Key figures of SITA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SITA?
What happened at SITA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 131,334 (▲ 192% vs 2024). Source: NBB ↗
- New establishment in Manage. KBO
- New establishment in Manage. KBO
- Start of the company according to the CBE. KBO
In short
From € 187,896 loss in 2022 to € 131,334 profit in 2025.
Paid € 374 in corporate taxes since 2022.
Best year ever: 2025, with € 131,334 profit.
On average € 105,500 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue de Liège(CO) 9
6180 Courcelles
Rue de la Croyère 17
7170 Manage
Active since 1 June 2008
Rue de la Croyère 21
7170 Manage
Active since 3 October 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Sita Gastronomia Italiana
€ 50.7 million revenue · 2025
FIRST - INVEST
€ 585,431 revenue · 2025
ZACCARIA DISTRIBUTION
€ 1.4 million gross margin · 2025
CTRLP
€ 151,088 gross margin · 2025
SITAGENCY
€ 115,346 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.054.102
- VAT number
- BE 0457.054.102
- Registered office
- Rue de Liège(CO) 9, 6180 Courcelles
- Names & denominations
- SITA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 1996
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van andere consumentenartikelen, n.e.g.