CINTEC
ActiveSummary
CINTEC has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €664k and a net result of €-4k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 227 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▼-43
Solvency56▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.26 in 2023; short-term debt: 45.2% and cash: 7.9% of total assets), and 69.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.9%
Return on assets
-0.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
190 d late
2022
204 d late
2021
31 d late
2020
95 d late
2019
129 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k
2023 · €226k
2018: €-4k
2019: €-7k
2020: €-17k
2021: €60k
2022: €62k
2023: €226k
2018 → 2024
Working capital
€244k▼ 18.2%
2023 · €298k
2018: €213k
2019: €190k
2020: €180k
2021: €185k
2022: €159k
2023: €298k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€319k-€379k▲ 18.7%€441k▲ 16.3%€667k▲ 51.3%€664k▼ 0.6%
Operating result€24k-€104k▲ 337%€99k▼ 4.6%€254k▲ 156%€35k▼ 86.3%
Net result€-17k-€60k€62k▲ 3.5%€226k▲ 266%€-4k
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 86% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.15M
Fixed assets
€931k ▼ 0.5%
Current assets
€1.22M ▼ 16.1%
Equity and liabilities €2.15M
Equity
€664k ▼ 0.6%
Provisions
€60k ▼ 13.0%
Debt
€1.42M ▼ 13.7%
Debt's share of the balance-sheet total falls from 69.1% to 66.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€89k▼
2023 · €291k
Cash flow
€51k▼
2023 · €264k
Current ratio
1.25▼
2023 · 1.26
Quick ratio
0.33▼
2023 · 0.40
Debt to equity
2.14▼
2023 · 2.47
ROE
-0.6%▼
2023 · 33.9%
ROA
-0.2%▼
2023 · 9.5%
Interest coverage
2.33▼
2023 · 16.47
Debt ≤ 1 year
€971k▼
2023 · €1.15M
Debt > 1 year
€443k▼
2023 · €498k
Income taxes
€9k▼
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.38M€2.15M▼
Fixed assets21/28€936k€931k▼
Tangible fixed assets22/27€936k€931k▼
Land and buildings22€866k€830k▼
Furniture and vehicles24€45k€32k▼
Other tangible fixed assets26€24k€70k▲
Financial fixed assets28€622-
Current assets29/58€1.45M€1.22M▼
Stocks and contracts in progress3€985k€895k▼
Stocks30/36€985k€895k▼
Amounts receivable within one year40/41€350k€151k▼
Trade receivables40€200k€26k▼
Other amounts receivable41€150k€126k▼
Cash at bank and in hand54/58€113k€169k▲
Equity and liabilities
Total equity and liabilities10/49€2.38M€2.15M▼
Equity10/15€667k€664k▼
Contributions10/11€265k€265k=
Capital10€265k€265k=
Issued capital100€265k€265k=
Reserves13€195k€178k▼
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Tax-exempt reserves132€134k€116k▼
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€207k€221k▲
Provisions and deferred taxes16€69k€60k▼
Deferred taxes168€69k€60k▼
Amounts payable17/49€1.65M€1.42M▼
Amounts payable after more than one year17€498k€443k▼
Financial debts170/4€498k€443k▼
Amounts payable within one year42/48€1.15M€971k▼
Current portion of amounts payable after more than one year42€47k€60k▲
Financial debts43€327k€217k▼
Credit institutions430/8€327k€217k▼
Trade debts44€248k€126k▼
Suppliers440/4€248k€126k▼
Advances received on contracts in progress46€134k€85k▼
Taxes, remuneration and social security45€85k€93k▲
Taxes450/3€85k€93k▲
Other amounts payable47/48€309k€388k▲
Accrued charges and deferred income492/3-€9k
Income statement
Code20232024
Non-recurring operating income76A-€993
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€55k▲
Other operating charges640/8€13k€13k▲
Gross operating margin9900€305k€102k▼
Operating profit (loss)9901€254k€35k▼
Financial income75/76B€1€29▲
Recurring financial income75€1€29▲
Financial charges65/66B€18k€38k▲
Recurring financial charges65€18k€38k▲
Profit (loss) for the period before taxes9903€236k€-4k▼
Transfer from deferred taxes780€9k€9k=
Income taxes67/77€19k€9k▼
Profit (loss) for the period9904€226k€-4k▼
Transfer from tax-exempt reserves789€17k€17k=
Profit (loss) for the period to be appropriated9905€244k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€207k€221k▲
Profit (loss) brought forward from the previous period14P€-37k€207k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 59 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 190 days late
2024
20-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 204 days late
2023
31-12
Financial
Highest result since 2018net €226k ▲266%
Operating result €254k, net result €226k, both a record.
31-12
Financial
Equity above €500kEq €667k ▲51.3%
3 profitable years in a row build equity to €667k.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €60k
Net result €60k after 3 loss-making years.
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 95 days late
2020
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 129 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 298 days late
2018
02-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 124 days late
Show earlier events
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 63 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
2012
31-12
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
31-12
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Liège · 1 establishment unit since 1995
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.
Rue Wérihet 794020 LiègeGround area
5,542 m²
Building footprint
1,287 m²
Volume, LiDAR
9,251 m³
Parcel 62113A0334/00A002, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CINTEC
since 19952.033.829.286
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62113A0334/00A002 | Wallonia | 5,542 m² | 1 · 1,287 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
15 locations
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.033.829.286
Similar companies · same sector, comparable size
WILLEM DE BOER
BE 0445.361.147
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Vanthuyne
BE 0436.544.342
Nieuwpoort · Eq €657k
HEGO
BE 0453.173.112
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SHIP SUPPORT TECHNICS
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DIERCKX
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Mol · Eq €589k
Of 298 companies in sector 33150 we hold annual accounts for 159. 117 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-03-1975
Fiscal year end31-12
Abbreviation NL
Sintec
Activities, NACEBEL 2025
33150Repair, maintenance and installation of machinery and equipment
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 50 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.