CINCARE
ActiveSummary
CINCARE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €118k and a net result of €62k. Equity is growing by ~82.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 19908 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+6
Solvency82▲+22
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 2.06 in 2023; short-term debt: 22.7% and cash: 49.6% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
44 d early
2022
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€118k▲ 110%
2023 · €56k
2022: €25k
2023: €56k
2022 → 2024
Total assets
€206k▲ 26.5%
2023 · €163k
2022: €121k
2023: €163k
2022 → 2024
Net result
€62k▲ 91.8%
2023 · €32k
2022: €23k
2023: €32k
2022 → 2024
Working capital
€121k▲ 105%
2023 · €59k
2022: €33k
2023: €59k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€25k-€56k▲ 123%€118k▲ 110%
Operating result€29k-€42k▲ 44.5%€79k▲ 86.7%
Net result€23k-€32k▲ 39.3%€62k▲ 91.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 87% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €206k
Fixed assets
€39k ▼ 20.4%
Current assets
€167k ▲ 46.5%
Equity and liabilities €206k
Equity
€118k ▲ 110%
Debt
€88k ▼ 17.5%
Debt's share of the balance-sheet total falls from 65.5% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▲
2023 · €43k
Cash flow
€72k▲
2023 · €33k
Current ratio
3.59▲
2023 · 2.06
Debt to equity
0.74▼
2023 · 1.90
ROE
52.4%▼
2023 · 57.4%
ROA
30.0%▲
2023 · 19.8%
Interest coverage
81.83▲
2023 · 26.88
Debt ≤ 1 year
€47k▼
2023 · €55k
Debt > 1 year
€13k▼
2023 · €20k
Income taxes
€16k▲
2023 · €8k
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 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€163k€206k▲
Fixed assets21/28€49k€39k▼
Tangible fixed assets22/27€49k€39k▼
Furniture and vehicles24€49k€39k▼
Current assets29/58€114k€167k▲
Amounts receivable within one year40/41€6k€0▼
Other amounts receivable41€6k€0▼
Cash at bank and in hand54/58€36k€102k▲
Deferred charges and accrued income490/1€72k€65k▼
Equity and liabilities
Total equity and liabilities10/49€163k€206k▲
Equity10/15€56k€118k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€54k€116k▲
Amounts payable17/49€107k€88k▼
Amounts payable after more than one year17€20k€13k▼
Financial debts170/4€20k€13k▼
Amounts payable within one year42/48€55k€47k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48€43k€31k▼
Accrued charges and deferred income492/3€32k€28k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€10k▲
Other operating charges640/8€770€919▲
Non-recurring operating charges66A€7k€0▼
Gross operating margin9900€51k€90k▲
Operating profit (loss)9901€42k€79k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€41k€78k▲
Income taxes67/77€8k€16k▲
Profit (loss) for the period9904€32k€62k▲
Profit (loss) for the period to be appropriated9905€32k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€116k▲
Profit (loss) brought forward from the previous period14P€23k€54k▲
Profit to be distributed694/7€1k€0▼
Return on contributions (dividend)694€1k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €62k ▲91.8%
Operating result €79k, net result €62k, both a record.
31-12
Financial
Equity above €100kEq €118k ▲110%
3 profitable years in a row build equity to €118k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tielt · 1 establishment unit since 2022
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.
Haandeput 38760 TieltGround area
2,084 m²
Building footprint
194 m²
Volume, LiDAR
854 m³
Parcel 37322C0505/00B000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CINCARE
since 20222.329.272.381
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322C0505/00B000 | Flanders | 2,084 m² | 1 · 194 m² | 6.9 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.
Similar companies · same sector, comparable size
THUISVERPLEGING KIMBERLY VAN DE WEIJER
BE 0801.297.697
Scherpenheuvel-Zichem · Eq €118,079
CARE BEE
BE 0793.474.846
Grâce-Hollogne · Eq €118,249
INFICHRISTELE
BE 0763.965.664
Oupeye · Eq €118,335
Delloo
BE 0518.925.254
Zwevegem · Eq €117,635
SIMO
BE 1002.804.509
Mons · Eq €117,562
Of 5,984 companies in sector 86940 we hold annual accounts for 1,808. 1,511 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 formPrivate limited company
Founded25-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
86940Nursing and midwifery
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.