Skip to content

SINAR

Active
Private limited company (pre-2019)founded 2001active for 25 yearsGeorges Raeymaekersstraat 42, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0474.394.435
Summary

SINAR has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,000). Equity remains stable across the filed financial years (±0% per year). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Turnover
€13,353▼ 78.8%
2018 · €63,120
EBIT margin
-53.0%▼ 55.4pp
2018 · 2.3%
Net result
-€7,686
2018 · €1,530
Working capital
-€10,805=
2024 · -€10,805
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€13,353 2019 Operating result-€7,080 2019 Net result-€7,686 2019

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€63,120-€13,353▼ 78.8%
Operating result€1,481--€7,080
Net result€1,530--€7,686
EBIT margin2.3%--53.0%▼ 55.4pp
Equity-€314--€8,000▼ 2,448%-€8,000=-€8,000=-€8,000=-€8,000=-€8,000=-€8,000=
Total assets€43,288-€3,125▼ 92.8%€3,125=€3,125=€3,125=€3,125=€3,125=€3,125=
Debt€43,602-€11,125▼ 74.5%€11,125=€11,125=€11,125=€11,125=€11,125=€11,125=
Working capital-€4,509--€10,805▼ 140%-€10,805=-€10,805=-€10,805=-€10,805=-€10,805=-€10,805=
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3,125
Fixed assets €2,805 =
Current assets €320 =
Equity and liabilities
Equity-€8,000
Debt€11,125
Equity is negative: debt (€11,125) exceeds the balance-sheet total (€3,125).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€11,125=
2024 · €11,125
Ratios withheld: a balance sheet total of €3,125 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 21 lines
Balance sheet Code20242025
Assets
Total assets20/58€3,125€3,125=
Fixed assets21/28€2,805€2,805=
Tangible fixed assets22/27€2,631€2,631=
Other tangible fixed assets26€2,631€2,631=
Financial fixed assets28€174€174=
Current assets29/58€320€320=
Amounts receivable within one year40/41€53€53=
Other amounts receivable41€53€53=
Cash at bank and in hand54/58€267€267=
Equity and liabilities
Total equity and liabilities10/49€3,125€3,125=
Equity10/15-€8,000-€8,000=
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€28,460-€28,460=
Amounts payable17/49€11,125€11,125=
Amounts payable within one year42/48€11,125€11,125=
Other amounts payable47/48€11,125€11,125=
Income statement Code20242025
Appropriation of the result
Profit (loss) to be appropriated9906-€28,460-€28,460=
Profit (loss) brought forward from the previous period14P-€28,460-€28,460=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€63,120€13,353-------
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,390€1,390-------
Gross operating margin9900€7,453-€3,640-------
Operating profit (loss)9901€1,481-€7,080-------
Recurring financial income75€87--------
Recurring financial charges65€38€606-------
Profit (loss) for the period before taxes9903€1,530-€7,686-------
Profit (loss) for the period9904€1,530-€7,686-------
Profit (loss) for the period to be appropriated9905€1,530-€7,686-------
Line20182019202020212022202320242025Change
Assets
Total assets20/58€43,288€3,125€3,125€3,125€3,125€3,125€3,125€3,125=
Fixed assets21/28€4,195€2,805€2,805€2,805€2,805€2,805€2,805€2,805=
Tangible fixed assets22/27€4,021€2,631€2,631€2,631€2,631€2,631€2,631€2,631=
Other tangible fixed assets26---€2,631€2,631€2,631€2,631€2,631=
Financial fixed assets28€174€174€174€174€174€174€174€174=
Current assets29/58€39,093€320€320€320€320€320€320€320=
Stocks and contracts in progress3€34,245--------
Amounts receivable within one year40/41-€53€53€53€53€53€53€53=
Other amounts receivable41---€53€53€53€53€53=
Cash at bank and in hand54/58€4,848€267€267€267€267€267€267€267=
Equity and liabilities
Total equity and liabilities10/49€43,288€3,125€3,125€3,125€3,125€3,125€3,125€3,125=
Equity10/15-€314-€8,000-€8,000-€8,000-€8,000-€8,000-€8,000-€8,000=
Contributions10/11€18,600€18,600€18,600€18,600€18,600€18,600€18,600€18,600=
Capital10---€18,600-----
Issued capital100---€18,600-----
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Legal reserve130---€1,860-----
Reserves not available under the articles1311----€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€20,774-€28,460-€28,460-€28,460-€28,460-€28,460-€28,460-€28,460=
Amounts payable17/49€43,602€11,125€11,125€11,125€11,125€11,125€11,125€11,125=
Amounts payable within one year42/48€43,602€11,125€11,125€11,125€11,125€11,125€11,125€11,125=
Trade debts44€19,619--------
Other amounts payable47/48---€11,125€11,125€11,125€11,125€11,125=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1,530-€7,686-------
+ Depreciation and write-downs630€1,390€1,390-------
Operating cash flow (approximation)€2,920-€6,296-------
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash--€4,581€0€0€0€0€0€0-

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

Download as CSV

Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 22-06-2026 2026-00198042
31-12-2024 micro format 27-05-2025 2025-00111909
31-12-2023 micro format 31-05-2024 2024-00103160
31-12-2022 micro format 14-07-2023 2023-00238553
31-12-2021 micro format 14-06-2022 2022-20063659
31-12-2020 micro format 29-06-2021 2021-28200538
31-12-2019 micro format 15-07-2020 2020-31000146
31-12-2018 micro format 03-06-2019 2019-15900133
31-12-2017 micro format 11-06-2018 2018-17700521
31-12-2016 micro format 03-07-2017 2017-26100555

Show all 25 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.