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CINAF EU

Active Private limited companyfounded 2022active for 4 yearsRue des Guillemins 139, 4000 LiègeKBO/BCE: BE 0789.430.144

Lifetime

2 annual accounts with figures on one time axis
peak €47,509 (2024)
€47,509▲ 89.7%
peak €37,750 (2024)
€37,750▲ 92.6%
peak €104,850 (2024)
€104,850▲ 254%
€78,164▲ 130%
Board3 names since 2022
1 director
Documentsfilings and deeds
30-07-20251 day before the deadline
2024micro format
Gross margin from €25,045 to €47,509Result from €19,600 to €37,750Capital increase of €150,000 to €160,000 12-11Equity from €29,600 to €104,850Debts from €33,967 to €78,164Cash from €1,385 to €2,770

Key points

from the 2024 annual accounts

Equity

€104,850 ▲ 254%
€29,6002023€105,0002024

Equity rose in 2024 from €29,600 to €104,850.

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Investments

€24,500 36.5 × depreciation

Green is investment, beige is depreciation.

Board

1 joined · 1 left

Board changed. Latest change 23-07-2026 · 1 in office.

Position in the sector

€37,750

Higher net result than 83% of companies in printing. Sector median €7,022 · 1,205 companies.

2025 accounts not filed, 106 days past the deadlineTotal assets +188%: capital increase

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,326 companies had the same profile as CINAF EU has now. Each dot stands for 99 companies, two years later.

95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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 39,326 companies, not a prediction for CINAF EU. 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
  • 750 sharesdeed of 12-11-2024
  • 750 sharesdeed of 12-11-2024
Board & ownership

Recent changes

Resignation: (director) Appointment: (director) · Director discharge: · General meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0789430144
Capital increase of €150,000 to €160,000 Capital from €10,000 to €160,000, 1,500 new shares · Contributions: (€75,000, 750 shares); (€75,000, 750 shares) · General meeting of 29-10-2024 · Gazette deed
Registered office moved from Brussels to Liège Transfer of 50 shares from to · New registered office: Rue des Guillemins, 139-4000 Liège · Previous registered office: avenue de Levis Mirepoix, 91 bte 2 à 1090 Bruxelles · General meeting of 31-03-2023 · Gazette deed
All 9 events

Comparable companies

same main activity, similar in size and age
Company
CINAF EU Liège €183,013 €47,509 57.3% -
LOUD MEMORY Puurs-Sint-Amands €198,795 €41,383 -4.0% -
Sven Joukes Schoten €215,836 €92,137 74.4% -
PAUSSTECH Namur €109,433 €47,330 43.8% -
SK Sports Sint-Martens-Latem €100,302 €53,701 84.3% -
HYPERION COLOR As €284,534 €84,294 70.1% -
GALX Andenne €122,030 €23,959 -8.7% -

These companies have the same main activity as CINAF EU: printing and reproduction of recorded media (NACE 18200). They are comparable in size and age: total assets between €100,000 and €285,000, founded between 2019 and 2023.

Official details

Source: KBO
Status
Active since 05-08-2022Normal situation
Registered office
143 active companies are registered at this address16 started in the 12 months before. Source: KBO register, as of 14 November 2026.
Activity
Printing and reproduction of recorded mediaNACE 18200and 3 others
Establishment unit
2.345.376.3614000 Liège, since 01-04-2023
Financial year end
31 December
Peppol
Reachable since 12-02-2026
Company details

Annual accounts 2024

€183,013▲ 188%
Filing
Filed on 30-07-2025
Financials

Insights on CINAF EU

The 2024 annual accounts show equity of €104,850 and a net result of €37,750. Its solvency ranks better than 57% of 1,205 sector peers (NACE 18, financial year 2024).

The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

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 CINAF EU

What is the company number of CINAF EU?
The company number of CINAF EU is 0789.430.144. The VAT number is the same number with BE in front: BE 0789.430.144.
Where is CINAF EU based?
The registered office is at Rue des Guillemins 139, 4000 Liège.Company details
What does CINAF EU do?
According to the KBO register, the main activity is printing and reproduction of recorded media (NACE 18200).
What is the legal form of CINAF EU?
CINAF EU is a private limited company (BV).
When was CINAF EU founded?
CINAF EU was founded on 05-08-2022.
Is CINAF EU still active?
Yes, CINAF EU is an active enterprise in the KBO register.
What is the turnover of CINAF EU?
The turnover in financial year 2024 is ≈ €190,000. This figure is estimated from the gross margin of €47,509 and 3,276 comparable companies of the same size. It probably lies between €110,000 and €330,000. It is a rough estimate.Financials
Is CINAF EU profitable?
In financial year 2024, CINAF EU made a profit of €37,750.
Where can I find the annual accounts of CINAF EU?
CINAF EU filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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