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CIN CIN

Active
Private limited companyfounded 2024active for 2 yearsHulst 62, 2460 Kasterlee, BelgiumKBO/BCE: BE 1012.681.285
Summary

CIN CIN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83,416 and a net result of €78,416. Its solvency ranks better than 82% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 22-08-2024 Normal situation
Activity
Full-service restaurants NACE 56111and 1 other
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.362.764.897 2460 Kasterlee, since 22-08-2024
Financial year end
31 December
Peppol
Reachable since 01-10-2025

Board and ownership

Financial position

73 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€224,075
Turnover
≈ €650,000
estimated
Profit
€78,416
Equity
€83,416
Total assets
€123,866
Employees on 31-12-2025
1
Filed on 29-06-2026, 32 days before the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2024lowers riskLiquidity: current ratio 2.54, cash €86,815Equity €83,416 (67.3% of total assets)Show the evidence

Checked score

Score 2025
73 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 88% of micro companies in food and beverage service (NACE 56)
Financial strength
Strong
Solvency 92
equity 67.3% of total assets
Liquidity 87
short-term debt 30.3% · cash 70.1%
Profitability 100
return on assets 63.3%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 09-2025: 3.9% 10-2025: 3.9%● unchanged vs 09-2025 11-2025: 4.1%▲ +0.2 percentage points vs 10-2025 12-2025: 4.4%▲ +0.3 percentage points vs 11-2025 01-2026: 4.6%▲ +0.2 percentage points vs 12-2025 02-2026: 4.9%▲ +0.3 percentage points vs 01-2026 03-2026: 4.9%● unchanged vs 02-2026 04-2026: 5.3%▲ +0.4 percentage points vs 03-2026highest value 05-2026: 5.2%▼ -0.1 percentage points vs 04-2026 06-2026: 5.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%▼ -4.5 percentage points vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.54, above the usual 1.5. Short-term debt is 30.3% and cash 70.1% of total assets. 32.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 82% of them on solvency, 89% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.54, cash €86,815
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €83,416 (67.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
32 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-06-2026 at the NBB

Turnover
≈ €650,000
Estimated: probably between €540,000 and €790,000
Total assets
€123,866
Net result
€78,416
Working capital
€57,944

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €123,866
Fixed assets €28,403
Current assets €95,462
Equity and liabilities €123,866
Equity €83,416
Debt €40,450
Debt's share of the balance-sheet total is 32.7%.
Key figures and ratios
2025 value
EBITDA
€108,378
Cash flow
€86,025
Current ratio
2.54
Quick ratio
2.39
Debt to equity
0.48
ROE
94.0%
ROA
63.3%
Interest coverage
50.69
Debt ≤ 1 year
€37,519
Debt > 1 year
€2,931
Income taxes
€20,215
Staff costs
€109,592

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date1
full-time1
part-time0
in full-time equivalents1
Average over the year, in full-time equivalents2.2
On a permanent contract1
Joined527
Left526

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€23,749
Financial fixed assets€9,900
Depreciation and write-downs of the year€7,609

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as CIN CIN: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €109,000 and €130,000, founded in 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
CIN CIN Kasterlee2024€123,866€83,416€224,075€78,4162025
JUGU Geel2024€125,882€7,850€215,351€2,8502025
BAMAX Antwerpen2024€130,221€103,519€230,734€43,5192025
DE WEERSPIEGELING Damme2024€125,006-€25,721€236,765-€55,7212025
THAI STATION Sint-Truiden2024€109,219€45,510€233,047€14,3832025
NORD DU LIBAN Asse2024€129,455€90,443€205,223€83,0442025
SARLI Huy2024€110,079€69,238€222,333€45,4082025

They were chosen from the 12,110 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as CIN CIN has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

That fits the bankruptcy probability of CIN CIN itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 39,278 companies, not a prediction for CIN CIN. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€123,866
Fixed assets21/28€28,403
Tangible fixed assets22/27€18,503
Plant, machinery and equipment23€18,503
Financial fixed assets28€9,900
Current assets29/58€95,462
Stocks and contracts in progress3€5,652
Stocks30/36€5,652
Amounts receivable within one year40/41€2,284
Trade receivables40€2,284
Cash at bank and in hand54/58€86,815
Deferred charges and accrued income490/1€711
Equity and liabilities
Total equity and liabilities10/49€123,866
Equity10/15€83,416
Contributions10/11€5,000
Reserves13€78,416
Distributable reserves133€78,416
Amounts payable17/49€40,450
Amounts payable after more than one year17€2,931
Financial debts170/4€2,931
Amounts payable within one year42/48€37,519
Current portion of amounts payable after more than one year42€3,359
Trade debts44€17,786
Suppliers440/4€17,786
Advances received on contracts in progress46€4,825
Taxes, remuneration and social security45€11,022
Taxes450/3€7,676
Remuneration and social security454/9€3,346
Other amounts payable47/48€527
Income statement Code2025
Remuneration, social security and pensions62€109,592
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,609
Other operating charges640/8€6,104
Gross operating margin9900€224,075
Operating profit (loss)9901€100,769
Financial charges65/66B€2,138
Recurring financial charges65€2,138
Profit (loss) for the period before taxes9903€98,631
Income taxes67/77€20,215
Profit (loss) for the period9904€78,416
Profit (loss) for the period to be appropriated9905€78,416
Appropriation of the result
Profit (loss) to be appropriated9906€78,416
Transfer to equity691/2€78,416
To other reserves6921€78,416

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Remuneration, social security and pensions62€109,592
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,609
Other operating charges640/8€6,104
Gross operating margin9900€224,075
Operating profit (loss)9901€100,769
Financial charges65/66B€2,138
Recurring financial charges65€2,138
Profit (loss) for the period before taxes9903€98,631
Income taxes67/77€20,215
Profit (loss) for the period9904€78,416
Profit (loss) for the period to be appropriated9905€78,416
Line2025
Assets
Total assets20/58€123,866
Fixed assets21/28€28,403
Tangible fixed assets22/27€18,503
Plant, machinery and equipment23€18,503
Financial fixed assets28€9,900
Current assets29/58€95,462
Stocks and contracts in progress3€5,652
Stocks30/36€5,652
Amounts receivable within one year40/41€2,284
Trade receivables40€2,284
Cash at bank and in hand54/58€86,815
Deferred charges and accrued income490/1€711
Equity and liabilities
Total equity and liabilities10/49€123,866
Equity10/15€83,416
Contributions10/11€5,000
Reserves13€78,416
Distributable reserves133€78,416
Amounts payable17/49€40,450
Amounts payable after more than one year17€2,931
Financial debts170/4€2,931
Amounts payable within one year42/48€37,519
Current portion of amounts payable after more than one year42€3,359
Trade debts44€17,786
Suppliers440/4€17,786
Advances received on contracts in progress46€4,825
Taxes, remuneration and social security45€11,022
Taxes450/3€7,676
Remuneration and social security454/9€3,346
Other amounts payable47/48€527
Line2025
Profit (loss) for the period9904€78,416
+ Depreciation and write-downs630€7,609
Operating cash flow (approximation)€86,025

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00211780 NBB

Board & ownership

Directors

Directors
1 director, no change since 2024
VAN dEN BOGAERD,Frank Wim
Director (not named in the articles) · appointed in the act of 26-08-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 29-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“3. Bevoegdheid - Vertegenwoordiging. Elke bestuurder is bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot…”
deed of 26-08-2024

Owners and capital

Shareholders

At incorporation act of 26-08-2024 ↗

Capital transactions

Capital over time
  1. 26-08-2024 Incorporation · €5,000 · 100 shares

Network & group

CIN CIN shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of CIN CIN. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
29-06
NBB filing Annual accounts 2025 filedNBB
micro format · 32 days before the deadline
2024
26-08
Gazette deed Incorporation
Starting capital €5,000 · Appointment: VAN dEN BOGAERD,Frank Wim (director) · Founder7 points ▸
  • Incorporation, 21-08-2024
  • Founder, VAN dEN BOGAERD,Frank Wim
  • Founder, VAN HOOYDONCK,Martine
  • Founding capital, €5,000
  • Bank account, “bijzondere rekening op naam vennootschap in oprichting” (deed in Dutch)
  • Board rule, 1
  • Director appointment, VAN dEN BOGAERD,Frank Wim (director (not named in the articles))

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name CIN CIN in Dutch
Enterprise number 1012.681.285
Legal form Private limited company
Status Active, normale toestand
Founded 22-08-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 26-08-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, 2460 Kasterlee,Hulst 62”
deed of 26-08-2024 (in Dutch)

Registered office and establishments

Registered office Hulst 62, 2460 Kasterlee, Belgium
Establishment unit Bistro Genti, Lichtaartsebaan 48, 2460 Kasterlee since 22-08-2024 · unit number 2.362.764.897

Activities

NACEBEL 2025
VAT activities
56111 Full-service restaurants main activity
56210 Event catering
Social security (RSZ) activities
56111 Full-service restaurants main activity
Codes under NACEBEL 2008
VAT activities
56101 Full-service restaurants main activity
56210 Catering
Social security (RSZ) activities
56101 Full-service restaurants main activity
Joint committee 302 Paritair Comité voor het hotelbedrijf annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Uitbating van een restaurant,bistro,café,taverne en elke andere drank en eetgelegenheid met verbruik ter plaatse of om af te halen,met…”
8 activities
  1. Uitbating van een restaurant,bistro,café,taverne en elke andere drank en eetgelegenheid met verbruik ter plaatse of om af te halen,met inbegrip van de bereiding van maaltijden voor levering aan derden en het verzorgen van eetmalen bij particulieren,en al wat daarmee rechtstreeks of onrechtstreeks verband houdt
  2. Het klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels
  3. Verkoop van dranken voor,in het algemeen,consumptie ter plaatse
  4. Verkoop aan de toog van eetwaren en dranken die al dan niet ter plaatse worden verbruikt
  5. Catering,verzorgen van feesten,uitzendkoks
  6. Het bereiden van allerlei spijzen en dranken als tafelhouder,het kopen,verkopen,bewerken en verwerken van allerlei eetwaren en dranken,gerechten,gebak,confiserie,ijsroom,de levering ervan,eventueel aan huis
  7. Het inrichten en uitbaten,huren en verhuren,leiden en besturen van restaurants,cafés,brasseries,bistro’s,tavernes,snackbars,verbruikssalons,vergaderzalen,feestzalen,hotels,traiteurszaken en alle andere activiteiten en uitbatingen die rechtstreeks of onrechtstreeks hiermee verband houden
  8. Het inrichten of doen inrichten van feesten
deed of 26-08-2024 (in Dutch)

Invoicing and payment

VAT number BE 1012.681.285
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1012681285
Other Peppol ID 9925:BE1012681285
Registered 01-10-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00
deed of 26-08-2024 (in Dutch)

Recognitions · licences · registrations

Food safety, FASFC

1 site
Kasterleeunit number 2.362.764.897
2 permissions
Authorisation · Fabrikant bereide gerechten · since 11-04-2026
Authorisation · Eetgelegenheid · since 01-10-2024

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the addresses

Ground area
2,912 m²
Building footprint
510 m²
Building volume
2,510 m³
Tallest building: 10.7 m.
Cadastral parcel Region Area Buildings Height / floors
13017E0003/00D004 Flanders 2,353 m² 1 · 387 m² 10.7 m · 2
13017G0597/00Y005 Flanders 559 m² 1 · 122 m² 0.0 m