Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
80 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
SIAM MARKET from Sint-Jans-Molenbeek, company number BE0769506443, closed financial year 2024 with a result of € -49,182 after tax. For that financial year SIAM MARKET recorded revenue of € 1.1 million and equity of € -17,437. Compared with financial year 2023, the result moved from € 18,500 to € -49,182. 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 August 1, 2025.
€ -17,437
▼ € 49,182 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,182
▼ still € 18,500 profit in 2023
Profit after tax over the fiscal year.
€ 3,931
▼ 46% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,437.
People and assets in 2024
€ 106,705
▼ 24% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 38,783
▼ 29% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 379,022
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 1,264,551 | € 1,254,004 | € 1,103,043 | ▼ 12% |
| Gross margin | € 97,935 | € 202,902 | € 103,570 | ▼ 49% |
| Profit after taxes | € -1,755 | € 18,500 | € -49,182 | ▼ € 67,682 |
| Equity | € 13,245 | € 31,745 | € -17,437 | ▼ € 49,182 |
| Total debts | € 451,964 | € 439,172 | € 452,724 | ▲ 3% |
| Cash | € 18,612 | € 7,274 | € 3,931 | ▼ 46% |
| Land & buildings | € 59,010 | € 51,999 | € 44,988 | ▼ 13% |
| Retained profit | € -1,755 | € 16,745 | € -32,437 | ▼ € 49,182 |
| Balance sheet total | € 465,208 | € 470,916 | € 435,287 | ▼ 8% |
Key figures of SIAM MARKET, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SIAM MARKET?
What happened at SIAM MARKET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 49,182 (▼ € 67,682 vs 2023). filed late Source: NBB ↗
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,755 loss in 2022 to € 49,182 loss in 2024.
Best year ever: 2023, with € 18,500 profit.
A new publication or filing at SIAM MARKET? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Vrijheidslaan 175
1080 Sint-Jans-Molenbeek
Ninoofse Steenweg 426-430
1070 Anderlecht
Active since 9 June 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 80 companies are registered at this address.
All companies at this address →KONINKLIJKE BELGISCHE BOKSBOND - ROYALE FEDERATION BELGE DE BOXE
MG Group
€ -1,577 gross margin · 2025
TAXI VAN HEMELRIJCK
HOUMAN
€ 49,626 gross margin · 2025
EUROP MOTORS
€ 42,052 gross margin · 2021
+75 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
- 0769.506.443
- VAT number
- BE 0769.506.443
- Registered office
- Vrijheidslaan 175, 1080 Sint-Jans-Molenbeek
- Names & denominations
- SIAM MARKET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2021
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in wand- en vloertegels
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in ijzerwaren en gereedschappen
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Detailhandel in groenten en fruit
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)