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CINI

Active
Private limited companyfounded 199134 yrs activeOverrepenstraat 58, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0446.028.170
Summary

CINI has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,752 and a net result of €17,641. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency80▲+80
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 9.73 against 1.1 in 2024; short-term debt: 10.3% and cash: 80.4% of total assets), and 44.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
55.1%
Return on assets
90.4%
Age of the figures
9 mo
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
27 d early
2023
16 d early
2022
29 d late
2021
23 d late
2020
24 d early
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 July (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 December 1991, CINI was incorporated.1 Total assets went from EUR 7,319 in 2018 to EUR 19,511 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€10,752
2024 · -€6,889
Total assets
€19,511▲ 20.4%
2024 · €16,203
Net result
€17,641▲ 19.4%
2024 · €14,770
Working capital
€17,507▲ 1,062%
2024 · €1,506
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€3,972-€3,687▲ 7.2%€1,867€14,826▲ 694%€19,840▲ 33.8%
Net result-€4,140-€3,682▲ 11.1%€1,768€14,770▲ 735%€17,641▲ 19.4%
Equity-€19,745▼ 26.5%-€23,427▼ 18.6%-€21,659▲ 7.5%-€6,889▲ 68.2%€10,752
Total assets€1,495▼ 53.5%€771▼ 48.5%€5,005▲ 549%€16,203▲ 224%€19,511▲ 20.4%
Debt€21,240▲ 12.9%€24,198▲ 13.9%€26,664▲ 10.2%€23,092▼ 13.4%€8,759▼ 62.1%
Working capital-€11,350▼ 57.4%-€15,032▼ 32.4%-€13,264▲ 11.8%€1,506€17,507▲ 1,062%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2021: -€3,972-€3,972Net result 2021: -€4,140-€4,140Operating result 2022: -€3,687-€3,687Net result 2022: -€3,682-€3,682Operating result 2023: €1,867€1,867Net result 2023: €1,768€1,768Operating result 2024: €14,826€14,826Net result 2024: €14,770€14,770Operating result 2025: €19,840€19,840Net result 2025: €17,641€17,64120212022202320242025€0€5,000€10,000€15,000€20,000Operating result 2023: €1,867€1,870Net result 2023: €1,768€1,770Operating result 2024: €14,826€14,800Net result 2024: €14,770€14,800Operating result 2025: €19,840€19,800Net result 2025: €17,641€17,600202320242025
The operating result has risen four years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €19,511
Equity €10,752
Debt €8,759
Debt finances 44.9% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
9.73▲
2024 · 1.10
Debt to equity
0.81▲
2024 · -3.35
ROE
164.1%
ROA
90.4%▼
2024 · 91.2%
Debt ≤ 1 year
€2,004▼
2024 · €14,697
Debt > 1 year
€6,754▼
2024 · €8,395
Income taxes
€2,004
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€16,203€19,511▲
Current assets29/58€16,203€19,511▲
Amounts receivable within one year40/41€4,260€3,819▼
Trade receivables40€4,122€3,819▼
Other amounts receivable41€139€0▼
Cash at bank and in hand54/58€11,943€15,692▲
Equity and liabilities
Total equity and liabilities10/49€16,203€19,511▲
Equity10/15-€6,889€10,752▲
Contributions10/11€25,000€25,000=
Profit (loss) carried forward14-€31,889-€14,248▲
Amounts payable17/49€23,092€8,759▼
Amounts payable after more than one year17€8,395€6,754▼
Financial debts170/4€8,395€6,754▼
Amounts payable within one year42/48€14,697€2,004▼
Trade debts44€0€0▼
Suppliers440/4€0€0▼
Taxes, remuneration and social security45-€2,004
Taxes450/3-€2,004
Other amounts payable47/48€14,697€0▼
Income statement Code20242025
Other operating charges640/8€564€462▼
Gross operating margin9900€15,390€20,302▲
Operating profit (loss)9901€14,826€19,840▲
Financial charges65/66B€56€195▲
Recurring financial charges65€56€195▲
Profit (loss) for the period before taxes9903€14,770€19,646▲
Income taxes67/77-€2,004
Profit (loss) for the period9904€14,770€17,641▲
Profit (loss) for the period to be appropriated9905€14,770€17,641▲
Appropriation of the result
Profit (loss) to be appropriated9906-€31,889-€14,248▲
Profit (loss) brought forward from the previous period14P-€46,659-€31,889▲
Transfer from equity791/2€0-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€608€455€574€564€462▼ 18.1%
Gross operating margin9900-€3,365-€3,232€2,441€15,390€20,302▲ 31.9%
Operating profit (loss)9901-€3,972-€3,687€1,867€14,826€19,840▲ 33.8%
Financial income75/76B€0€5€0---
Recurring financial income75€0€5€0---
Financial charges65/66B€94€0€99€56€195▲ 251%
Recurring financial charges65€94€0€99€56€195▲ 251%
Profit (loss) for the period before taxes9903-€4,066-€3,682€1,768€14,770€19,646▲ 33.0%
Income taxes67/77€74€0--€2,004-
Profit (loss) for the period9904-€4,140-€3,682€1,768€14,770€17,641▲ 19.4%
Profit (loss) for the period to be appropriated9905-€4,140-€3,682€1,768€14,770€17,641▲ 19.4%
Line20212022202320242025Change
Assets
Total assets20/58€1,495€771€5,005€16,203€19,511▲ 20.4%
Current assets29/58€1,495€771€5,005€16,203€19,511▲ 20.4%
Stocks and contracts in progress3€992€440€0---
Stocks30/36€992€440€0---
Amounts receivable within one year40/41€492€330€3,931€4,260€3,819▼ 10.4%
Trade receivables40€162€0€2,673€4,122€3,819▼ 7.4%
Other amounts receivable41€329€330€1,258€139€0▼ 100%
Cash at bank and in hand54/58€11€0€1,074€11,943€15,692▲ 31.4%
Deferred charges and accrued income490/1€0-----
Equity and liabilities
Total equity and liabilities10/49€1,495€771€5,005€16,203€19,511▲ 20.4%
Equity10/15-€19,745-€23,427-€21,659-€6,889€10,752▲ 256%
Contributions10/11€25,000€25,000€25,000€25,000€25,000=
Reserves13€1,527€105€0---
Non-distributable reserves130/1€105€105€0---
Reserves not available under the articles1311€105€105€0---
Distributable reserves133€1,422€0----
Profit (loss) carried forward14-€46,272-€48,532-€46,659-€31,889-€14,248▲ 55.3%
Amounts payable17/49€21,240€24,198€26,664€23,092€8,759▼ 62.1%
Amounts payable after more than one year17€8,395€8,395€8,395€8,395€6,754▼ 19.5%
Financial debts170/4€8,395€8,395€8,395€8,395€6,754▼ 19.5%
Amounts payable within one year42/48€12,845€15,802€18,269€14,697€2,004▼ 86.4%
Trade debts44€912€736€1,422€0€0▼ 100%
Suppliers440/4€912€736€1,422€0€0▼ 100%
Taxes, remuneration and social security45€0---€2,004-
Taxes450/3€0---€2,004-
Other amounts payable47/48€11,933€15,066€16,847€14,697€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,140-€3,682€1,768€14,770€17,641▲ 19.4%
Operating cash flow (approximation)-€4,140-€3,682€1,768€14,770€17,641▲ 19.4%
Change in cash--€11€1,074€10,868€3,750▼ 65.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €17,641 ▲19.4%
Operating result €19,840, net result €17,641, both a record.
31-12
Financial Liquidity times 9current ratio 9.73
Current ratio from 1.10 to 9.73; short-term debt falls from €14,697 to €2,004.
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity quadruplescurrent ratio 1.10
Current ratio from 0.27 to 1.10; short-term debt falls from €18,269 to €14,697.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €1,768
Net result €1,768 after 2 loss-making years.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
07-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €2,650
Net result €2,650 after 2 loss-making years.
19-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
Show earlier events
2019
31-12
Financial Weakest financial yearnet -€12,522
Net result drops to -€12,522, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Tongeren-Borgloon · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
767 m²
Building footprint
131 m²
Volume, LiDAR
584 m³
Parcel 73062A0425/00R000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CINI BVBA
Overrepenstraat 58, 3700 Tongeren-BorgloonNACE 80424
since 19932.062.180.210
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73062A0425/00R000 Flanders 767 m² 1 · 130 m² 6.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded17-12-1991
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.