CINNIC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €217k and a net result of €77k. Equity is growing by ~48.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 83 sector peers (fiscal year 2026). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 01-09-2026, 152 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2026
152 d early
2025
143 d early
2024
60 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-06-2027 close31-01-2028 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€217k▲ 53.3%
2025 · €142k
2024: €80k
2025: €142k
2024 → 2026
Net result
€77k▲ 21.9%
2025 · €63k
2024: €78k
2025: €63k
2024 → 2026
Total assets
€295k▲ 14.1%
2025 · €259k
2024: €180k
2025: €259k
2024 → 2026
Solvency
73.6%▲ 18.9pp
2025 · 54.8%
2024: 44.5%
2025: 54.8%
2024 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202420252026Trend
Equity€80k-€142k▲ 77.1%€217k▲ 53.3%
Operating result€99k-€80k▼ 19.3%€95k▲ 18.4%
Net result€78k-€63k▼ 18.4%€77k▲ 21.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 18% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €295k
Fixed assets
€84k▼ 21.0%
Current assets
€212k▲ 38.2%
Equity and liabilities €295k
Equity
€217k▲ 53.3%
Debt
€78k▼ 33.5%
The debt ratio falls from 45.2% to 26.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
73.6%▲
2025 · 54.8%
ROE
35.5%▼
2025 · 44.7%
ROA
26.2%▲
2025 · 24.5%
Debt
€78k▼
2025 · €117k
Debt ≤ 1 year
€78k▼
2025 · €117k
Income taxes
€21k▲
2025 · €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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€259k€295k▲
Fixed assets21/28€106k€84k▼
Tangible fixed assets22/27€106k€84k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€99k€78k▼
Current assets29/58€153k€212k▲
Amounts receivable within one year40/41€106k€94k▼
Trade receivables40€15k€0▼
Other amounts receivable41€91k€94k▲
Cash at bank and in hand54/58€44k€116k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€259k€295k▲
Equity10/15€142k€217k▲
Contributions10/11€4k€4k=
Reserves13€138k€213k▲
Distributable reserves133€138k€213k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€117k€78k▼
Amounts payable within one year42/48€117k€78k▼
Trade debts44€948€466▼
Suppliers440/4€948€466▼
Taxes, remuneration and social security45€30k€30k▼
Taxes450/3€30k€30k▼
Other amounts payable47/48€86k€48k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€107k€122k▲
Operating profit (loss)9901€80k€95k▲
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€80k€98k▲
Income taxes67/77€17k€21k▲
Profit (loss) for the period9904€63k€77k▲
Profit (loss) for the period to be appropriated9905€63k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€77k▲
Transfer to equity691/2€62k€76k▲
To other reserves6921€62k€76k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 2.72
Current ratio from 1.31 to 2.72; short-term debt falls from €117k to €78k.
30-06
Financial
Equity above €200kEq €217k ▲53.3%
3 profitable years in a row build equity to €217k.
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €63k ▼18.4%
Net result drops to €63k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity triplescurrent ratio 1.31
Current ratio from 0.51 to 1.31.
30-06
Financial
Equity above €100kEq €142k ▲77.1%
2 profitable years in a row build equity to €142k.
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Martens-Latem · 1 establishment unit since 2023
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.
Grote Moortel 29830 Sint-Martens-LatemGround area
2,909 m²
Parcel 44064A0025/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
CINNIC
since 20232.344.915.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064A0025/00A000indicative | Flanders | 2,909 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,541 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2023
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.