SINAN
ActiveSummary
The computed 12-month bankruptcy probability of SINAN is 9.3% (elevated). The 2025 annual accounts show negative equity (-€4,114) and a net result of -€39,047. Its solvency ranks better than 10% of 13484 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-68
Growth32
Track record94
Bankruptcy probability, 12 months
9.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
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 2025Age of the figures
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€4,114
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 d early
2024
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€4,114
2024 · €34,932
Total assets
€4,271▼ 94.8%
2024 · €81,815
Net result
-€39,047
2024 · €31,932
Working capital
-€4,114
2024 · €34,932
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
Line20242025
Operating result€33,366--€28,338
Net result€31,932--€39,047
Equity€34,932--€4,114
Total assets€81,815-€4,271▼ 94.8%
Debt€46,883-€8,385▼ 82.1%
Working capital€34,932--€4,114
Staff (FTE)8.4-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €28,338 after €33,366 in 2024.
Key figures and ratios
Debt ≤ 1 year
€8,385▼
2024 · €46,883
Income taxes
€8,208
Staff costs
€16,530▼
2024 · €243,483
Ratios withheld: a balance sheet total of €4,271 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €414,558 | - | - |
| Remuneration, social security and pensions62 | €243,483 | €16,530 | ▼ 93.2% |
| Other operating charges640/8 | €1,344 | €959 | ▼ 28.6% |
| Non-recurring operating charges66A | €120,324 | - | - |
| Gross operating margin9900 | €398,516 | -€10,850 | ▼ 103% |
| Operating profit (loss)9901 | €33,366 | -€28,338 | ▼ 185% |
| Financial income75/76B | €2 | - | - |
| Recurring financial income75 | €2 | - | - |
| Financial charges65/66B | €1,435 | €2,500 | ▲ 74.2% |
| Recurring financial charges65 | €1,435 | €2,500 | ▲ 74.2% |
| Profit (loss) for the period before taxes9903 | €31,932 | -€30,839 | ▼ 197% |
| Income taxes67/77 | - | €8,208 | - |
| Profit (loss) for the period9904 | €31,932 | -€39,047 | ▼ 222% |
| Profit (loss) for the period to be appropriated9905 | €31,932 | -€39,047 | ▼ 222% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €81,815 | €4,271 | ▼ 94.8% |
| Current assets29/58 | €81,815 | €4,271 | ▼ 94.8% |
| Amounts receivable within one year40/41 | €76,214 | €738 | ▼ 99.0% |
| Trade receivables40 | €72,000 | - | - |
| Other amounts receivable41 | €4,214 | €738 | ▼ 82.5% |
| Cash at bank and in hand54/58 | €5,601 | €3,532 | ▼ 36.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €81,815 | €4,271 | ▼ 94.8% |
| Equity10/15 | €34,932 | -€4,114 | ▼ 112% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €31,932 | -€7,114 | ▼ 122% |
| Amounts payable17/49 | €46,883 | €8,385 | ▼ 82.1% |
| Amounts payable within one year42/48 | €46,883 | €8,385 | ▼ 82.1% |
| Trade debts44 | €6,813 | - | - |
| Suppliers440/4 | €6,813 | - | - |
| Taxes, remuneration and social security45 | €25,964 | €8,208 | ▼ 68.4% |
| Taxes450/3 | €5,834 | €8,208 | ▲ 40.7% |
| Remuneration and social security454/9 | €20,130 | - | - |
| Other amounts payable47/48 | €14,106 | €177 | ▼ 98.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €31,932 | -€39,047 | ▼ 222% |
| Operating cash flow (approximation) | €31,932 | -€39,047 | ▼ 222% |
| Change in cash | - | -€2,069 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Aalst · 1 establishment unit since 2023
Ground area
101 m²
Building footprint
83 m²
Volume, LiDAR
690 m³
Parcel 41002A1220/00B000, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Konya Sofrasi
since 20232.347.046.444
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A1220/00B000 | Flanders | 101 m² | 1 · 83 m² | 11.2 m · 3 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.
Similar companies · same sector, comparable size
CARMA EXPLOITATION
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DERAKI
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Willebroek · Eq €34,912
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Père et Fille
BE 0773.356.551
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Les 3 E
BE 0612.972.791
Andenne · Eq €34,904
Of 20,506 companies in sector 56111 we hold annual accounts for 11,451. 9,604 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.