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SRINOX

Active Private limited companyfounded 2014active for 12 yearsGentseweg 150, 8792 WaregemKBO/BCE: BE 0544.660.047

Lifetime

11 annual accounts with figures on one time axis
peak of €1.1m in 2022
€192,666▲ €233,550
lowest -€12,127 in 2025
-€12,127▼ €210,487
peak of €2.4m in 2024
€2.4m▼ 0.5%
€760,690▲ 115%
peak of 2 FTE in 2025
2 FTE▲ 66.7%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
05-01-202626 days before the deadline
2025abbreviated format
Gross margin from -€40,884 to €192,666Loss of €12,127Staff from 1.2 FTE to 2 FTEMerger: SRINOX takes over S-Enterprise 10-09Merger proposal: SRINOX takes over S-ENTERPRISE 11-06Debts from €353,948 to €760,690

Key points

from the 2025 annual accounts

Result

-€12,127 -€12,127
€198,0002024-€12,1002025

From profit to loss in 2025, after a profit of €198,359 in 2024.

Turnover

≈ €1.0m estimated

The abbreviated format states no turnover.

Debts

€760,690 ▲ 115%
Other debts
+219,310
Financial debts
+118,510
Taxes and wages
+52,921
The rest
+16,002

Debts rose by €406,742 in 2025.

Liquidity

5.08 was 17.99 in 2024

Short-term debts rose from €103,948 to €392,181.

Position in the sector

€2.4m

More equity than 89% of companies in wholesale trade. Sector median €493,746 · 10,744 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as SRINOX has now. Each dot stands for 18 companies, two years later.

90.8%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,920 companies, not a prediction for SRINOX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director,
  • deed of 11-07-2018

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0544660047
Merger: SRINOX takes over S-Enterprise Change of role: , from director, formerly manager to director · Appointment: (director) · Permanent representative: · Gazette deed
Merger proposal: SRINOX takes over S-ENTERPRISE Permanent representatives: and · The company holds all the shares of S-ENTERPRISE · Board meeting of 07-05-2025 · Gazette deed
Capital increase Capital from €440,000 to €693,888.02, 1,431 new shares · Capital from €693,888.02 to €890,000 · General meeting of 30-10-2018 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
SRINOX Waregem €3.2m €192,666 76.1% 2
VOS GROUP Philippeville €2.3m €298,655 68.8% 1.7
VAN HERCK IJZERWAREN Pelt €2.8m €305,548 23.6% 2.2
Degryse-Staelens Torhout €2.4m €457,498 9.6% 4
LDR-TRADING Oudsbergen €2.3m €557,099 68.8% 2.8
ECOTERM.BE Lokeren €1.6m €485,695 55.9% 2.1
MP SANIT Villers-le-Bouillet €2.7m €400,749 15.0% 5

These companies have the same main activity as SRINOX: wholesale trade (NACE 46842). They are comparable in size and age: total assets between €1.6m and €2.8m, founded between 2008 and 2015.

Official details

Source: KBO
Status
Active since 23-01-2014Normal situation
Activity
Wholesale tradeNACE 46842
Establishment unit
2.232.197.1578792 Waregem, registered on 23-01-2014
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-06-2025

€3.2m▲ 14.2%
Employeeson 30-06-2025
3▲ 50.0%
Filing
Filed on 05-01-2026, 26 days before the end of the filing period
Financials

Insights on SRINOX

SRINOX files the abbreviated format. That format states no turnover. The gross margin fell from €212,834 in 2015 to €192,666 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SRINOX

What is the company number of SRINOX?
The company number of SRINOX is 0544.660.047. The VAT number is the same number with BE in front: BE 0544.660.047.
Where is SRINOX based?
The registered office is at Gentseweg 150, 8792 Waregem.Company details
What does SRINOX do?
According to the KBO register, the main activity is wholesale trade (NACE 46842).
What is the legal form of SRINOX?
SRINOX is a private limited company (BV).
When was SRINOX founded?
SRINOX was founded on 23-01-2014.
Is SRINOX still active?
Yes, SRINOX is an active enterprise in the KBO register.
How many employees does SRINOX have?
SRINOX had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SRINOX?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €192,666 and 86 comparable companies (NACE 46). It probably lies between €460,000 and €1.8m.
Is SRINOX profitable?
In financial year 2025, SRINOX made a loss of €12,127.
Where can I find the annual accounts of SRINOX?
SRINOX filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SRINOX due?
SRINOX must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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