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KINCI SINAN

Active
Private limited company (pre-2019)founded 200718 yrs activeMarlylaan 48, 1120 Brussel, BelgiumKBO/BCE: BE 0894.461.447

The computed 12-month bankruptcy probability of KINCI SINAN is 4.5% (elevated). For KINCI SINAN, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (€-1) and a net result of €3k. The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021
Profitability43
Solvency25
Growth-
Track record85
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
How do we compute the score and the probability?
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021
Solvency, return and age of the figures
Solvency
0%
Return on assets
2.5%
Age of the figures
57 mo
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
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
elevated failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-09-2022, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
57 d late
2017
31 d late
2015
31 d late
← before the deadline after the 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

Financials · fiscal year 2021, micro schema

Equity
€-1
Total assets
€124k
Net result
€3k
Working capital
€-40k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €124k
Fixed assets €124k
Current assets €139
Key figures and ratios
2021 value
EBITDA
€13k
Cash flow
€8k
Solvency
0.0%
Current ratio
0.00
Quick ratio
0.00
ROA
2.5%
Interest coverage
2.55
Debt
€124k
Debt ≤ 1 year
€41k
Debt > 1 year
€84k
Equity ratios withheld: equity of €-1 is too small for a meaningful ratio.
Filed annual accounts
As filed with the NBB · 2021
Balance sheet Code2021
Assets
Total assets20/58€124k
Fixed assets21/28€124k
Tangible fixed assets22/27€124k
Land and buildings22€124k
Current assets29/58€139
Cash at bank and in hand54/58€139
Equity and liabilities
Total equity and liabilities10/49€124k
Equity10/15€-1
Contributions10/11€30k
Profit (loss) carried forward14€-30k
Amounts payable17/49€124k
Amounts payable after more than one year17€84k
Financial debts170/4€84k
Amounts payable within one year42/48€41k
Current portion of amounts payable after more than one year42€10k
Trade debts44€3k
Suppliers440/4€3k
Other amounts payable47/48€27k
Income statement Code2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Other operating charges640/8€2k
Gross operating margin9900€15k
Operating profit (loss)9901€8k
Financial charges65/66B€5k
Recurring financial charges65€5k
Profit (loss) for the period before taxes9903€3k
Profit (loss) for the period9904€3k
Profit (loss) for the period to be appropriated9905€3k
Appropriation of the result
Profit (loss) to be appropriated9906€-30k
Profit (loss) brought forward from the previous period14P€-33k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2022
26-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
12-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 12 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
30-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 30 days late
2011
07-12
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 129 days late
2010
30-11
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 122 days late
2009
26-10
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 87 days late
NBB filing

Directors · office · real estate

Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
22-01-2026 Yilmaz Merve: Resigned as Director
05-08-2021 Bektas Olcay: Resigned as Managing director
02-05-2011 KINCI SINAN: Resigned as Manager
Location & real-estate footprint
Registered office, Brussel
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.

Marlylaan 481120 Brussel
Ground area
402 m²
Building footprint
121 m²
Volume, LiDAR
1,004 m³
Parcel 21819B0052/00C006, Brussels · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819B0052/00C006 Brussels 402 m² 1 · 121 m² 10.7 m · 3 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.

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded26-12-2007
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

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