SINEM
ActiveSummary
SINEM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €447k and a net result of €23k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 8.85 against 1.44 in 2024; short-term debt: 1.5% and cash: 8.6% of total assets), and 7.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.3%
Return on assets
4.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
2 d early
2022
4 d early
2021
3 d early
2020
3 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€447k▲ 5.4%
2024 · €424k
2019: €782k
2020: €346k
2021: €386k
2022: €406k
2023: €426k
2024: €424k
2019 → 2025
Total assets
€484k▼ 4.5%
2024 · €506k
2019: €837k
2020: €745k
2021: €612k
2022: €567k
2023: €540k
2024: €506k
2019 → 2025
Net result
€23k▼ 6.2%
2024 · €24k
2019: €5k
2020: €1k
2021: €40k
2022: €20k
2023: €21k
2024: €24k
2019 → 2025
Working capital
€55k▲ 138%
2024 · €23k
2019: €102k
2020: €-322k
2021: €-45k
2022: €-13k
2023: €17k
2024: €23k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€386k-€406k▲ 5.1%€426k▲ 5.1%€424k▼ 0.6%€447k▲ 5.4%
Operating result€61k-€31k▼ 48.9%€32k▲ 3.9%€34k▲ 7.1%€35k▲ 0.5%
Net result€40k-€20k▼ 51.3%€21k▲ 5.2%€24k▲ 18.8%€23k▼ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €484k
Fixed assets
€422k ▼ 2.1%
Current assets
€62k ▼ 17.8%
Equity and liabilities €484k
Equity
€447k ▲ 5.4%
Provisions
€30k =
Debt
€7k ▼ 86.6%
Debt's share of the balance-sheet total falls from 10.4% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2024 · €44k
Cash flow
€32k▼
2024 · €34k
Current ratio
8.85▲
2024 · 1.44
Debt to equity
0.02▼
2024 · 0.12
ROE
5.1%▼
2024 · 5.8%
ROA
4.7%▼
2024 · 4.8%
Interest coverage
97.28▼
2024 · 259.75
Debt ≤ 1 year
€7k▼
2024 · €53k
Income taxes
€12k▲
2024 · €10k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€506k€484k▼
Fixed assets21/28€431k€422k▼
Tangible fixed assets22/27€431k€422k▼
Land and buildings22€430k€421k▼
Furniture and vehicles24€514€231▼
Current assets29/58€76k€62k▼
Amounts receivable within one year40/41€2k€18k▲
Trade receivables40€2k€2k▼
Other amounts receivable41-€16k
Cash at bank and in hand54/58€71k€42k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€506k€484k▼
Equity10/15€424k€447k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€362k€385k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€356k€379k▲
Profit (loss) carried forward14€82€82=
Provisions and deferred taxes16€30k€30k=
Provisions for liabilities and charges160/5€30k€30k=
Major repairs and maintenance162€30k€30k=
Amounts payable17/49€53k€7k▼
Amounts payable within one year42/48€53k€7k▼
Current portion of amounts payable after more than one year42€3k€3k=
Trade debts44€674€256▼
Suppliers440/4€674€256▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€46k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€5k€6k▲
Gross operating margin9900€49k€50k▲
Operating profit (loss)9901€34k€35k▲
Financial income75/76B-€472
Recurring financial income75-€472
Financial charges65/66B€168€450▲
Recurring financial charges65€168€450▲
Profit (loss) for the period before taxes9903€34k€35k▲
Income taxes67/77€10k€12k▲
Profit (loss) for the period9904€24k€23k▼
Profit (loss) for the period to be appropriated9905€24k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€23k▼
Profit (loss) brought forward from the previous period14P€82€82=
Transfer from equity791/2€27k-
Transfer to equity691/2€24k€23k▼
To other reserves6921€24k€23k▼
Profit to be distributed694/7€27k-
Return on contributions (dividend)694€27k-
The notes to these accounts (3 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 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity times 6current ratio 8.85
Current ratio from 1.44 to 8.85; short-term debt falls from €53k to €7k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €40k ▲3488%
Operating result €61k, net result €40k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €1k ▼78.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
14-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortenberg · 1 establishment unit since 1991
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.
Windmolenstraat 373070 KortenbergGround area
1,478 m²
Building footprint
194 m²
Volume, LiDAR
1,001 m³
Parcel 24055A0207/00Y009, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SINEM
since 19912.051.575.833
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055A0207/00Y009 | Flanders | 1,478 m² | 1 · 194 m² | 7.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600PZTLB15R5XQ510
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TH!NK
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Lybelle
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OBSERVATOIRE SOCIAL EUROPEEN
BE 0427.836.613
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Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 1,295 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
Founded08-02-1991
Fiscal year end30-06
Activities, NACEBEL 2025
73200Market research and public opinion polling
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.