SINARO
ActiveSummary
SINARO has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,166 and a net result of €37,324. Equity grew by about 58% per year on average since 2022. In 2025 it fell by 23.5%. Its solvency ranks better than 41% of 11,775 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-10-2022 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 3 others
- Establishment unit
- 2.337.049.902 1370 Jodoigne, since 10-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Board and ownership
- PFAFF Roméo Antoine MarioDirector · since 10-10-2022
- PFAFF Roméo Antoine Mariofounderdeed of 12-10-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €51,817
- ▲ 110%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €37,324
- ▲ 129%
- Equity
- €41,166
- ▼ 23.5%
- Total assets
- €93,471
- ▲ 34.0%
- Staff
- ≈ 0 FTE
- estimated
- 2025 accounts filed 13 days after the deadline
Score breakdownlowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 1.71, cash €34,140Figures for financial year 2025 (filed on 15-08-2026)Size: total assets €93,471Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 42% of them on solvency, 55% on liquidity, 88% on profitability and 19% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 9 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 13 days after the deadline Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399452.
Annual accounts 2025 filed on 13-08-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is 111% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,867 | €4,130 | €1,044 |
| Financial fixed assets | - | €225 | - | €0 |
| Depreciation and write-downs of the year | - | €263 | €1,165 | €1,727 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €487 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €263 | €1,165 | €1,727 | ▲ 48.2% |
| Other operating charges640/8 | €128 | €1,535 | €472 | €1,004 | ▲ 113% |
| Gross operating margin9900 | €10,578 | €41,835 | €24,642 | €51,817 | ▲ 110% |
| Operating profit (loss)9901 | €10,450 | €40,036 | €23,006 | €48,600 | ▲ 111% |
| Financial income75/76B | - | - | - | €22 | - |
| Recurring financial income75 | - | - | - | €22 | - |
| Financial charges65/66B | €22 | €79 | €46 | €43 | ▼ 7.2% |
| Recurring financial charges65 | €22 | €79 | €46 | €43 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €10,429 | €39,958 | €22,959 | €48,578 | ▲ 112% |
| Income taxes67/77 | €2,397 | €12,945 | €6,679 | €11,254 | ▲ 68.5% |
| Profit (loss) for the period9904 | €8,031 | €27,012 | €16,280 | €37,324 | ▲ 129% |
| Profit (loss) for the period to be appropriated9905 | €8,031 | €27,012 | €16,280 | €37,324 | ▲ 129% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €19,454 | €63,539 | €69,731 | €93,471 | ▲ 34.0% |
| Fixed assets21/28 | - | €1,829 | €4,794 | €4,111 | ▼ 14.2% |
| Tangible fixed assets22/27 | - | €1,604 | €4,569 | €3,886 | ▼ 14.9% |
| Plant, machinery and equipment23 | - | €583 | €862 | €468 | ▼ 45.7% |
| Furniture and vehicles24 | - | €1,021 | €3,707 | €3,419 | ▼ 7.8% |
| Financial fixed assets28 | - | €225 | €225 | €225 | = |
| Current assets29/58 | €19,454 | €61,711 | €64,937 | €89,360 | ▲ 37.6% |
| Amounts receivable within one year40/41 | €1,450 | €3,515 | €33,320 | €54,325 | ▲ 63.0% |
| Trade receivables40 | €1,450 | €0 | - | - | - |
| Other amounts receivable41 | - | €3,515 | €33,320 | €54,325 | ▲ 63.0% |
| Cash at bank and in hand54/58 | €18,004 | €58,196 | €31,085 | €34,140 | ▲ 9.8% |
| Deferred charges and accrued income490/1 | - | - | €533 | €894 | ▲ 67.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €19,454 | €63,539 | €69,731 | €93,471 | ▲ 34.0% |
| Equity10/15 | €10,531 | €37,544 | €53,842 | €41,166 | ▼ 23.5% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | - | €27,000 | €27,000 | €27,000 | = |
| Distributable reserves133 | - | €27,000 | €27,000 | €27,000 | = |
| Profit (loss) carried forward14 | €8,031 | €8,044 | €24,342 | €11,666 | ▼ 52.1% |
| Amounts payable17/49 | €8,922 | €25,996 | €15,889 | €52,305 | ▲ 229% |
| Amounts payable within one year42/48 | €8,922 | €20,798 | €15,889 | €52,305 | ▲ 229% |
| Trade debts44 | €3,022 | €1,381 | €2,848 | €4,002 | ▲ 40.5% |
| Suppliers440/4 | €3,022 | €1,381 | €2,848 | €4,002 | ▲ 40.5% |
| Taxes, remuneration and social security45 | €5,899 | €19,417 | €11,694 | €8,097 | ▼ 30.8% |
| Taxes450/3 | €5,899 | €19,417 | €11,694 | €8,097 | ▼ 30.8% |
| Other amounts payable47/48 | €1 | €0 | €1,347 | €40,206 | ▲ 30× |
| Accrued charges and deferred income492/3 | - | €5,197 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,031 | €27,012 | €16,280 | €37,324 | ▲ 129% |
| + Depreciation and write-downs630 | - | €263 | €1,165 | €1,727 | ▲ 48.2% |
| Operating cash flow (approximation) | €8,031 | €27,275 | €17,445 | €39,051 | ▲ 124% |
| Investment in fixed assets (approximation) | - | - | -€4,130 | -€1,044 | ▲ 74.7% |
| Change in cash | - | €40,193 | -€27,112 | €3,056 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as SINARO has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SINARO itself is lower: < 0.1% within 12 months. It rests on far more data about SINARO than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for SINARO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- PFAFF Roméo Antoine Mario sole founder · 100% at incorporation
Capital transactions
- 12-10-2022 Incorporation · 250 shares
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs, cessions soumises à agrément”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 12-10-2022 (in French)
Network & group
SINARO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SINARO. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
12-10
Gazette deed
IncorporationFounder: PFAFF Roméo Antoine Mario (comparant constituant) · 250 shares · Appointment: PFAFF Roméo Antoine Mario (director)6 points ▸
- Incorporation, 06-10-2022
- Founder, PFAFF Roméo Antoine Mario (comparant constituant)
- 250 shares
- Registered office clause, Rue Moretus 28, 1370 Jodoigne
- Board rule, 1
- Director appointment, PFAFF Roméo Antoine Mario (director (not named in the articles))
- The deed holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
23 activities
- La prestation d’un ensemble de services et toute activité d'étude,d'expertise,de direction,de formation,de management,sous formes de consultance,de conseil stratégique ou de conseil technique,dans le domaine:a.Ingénieur en construction.En ce compris,sans que cette liste ne soit exhaustive,la gestion de projet;b.administratif,financier et commercial,le tout au sens le plus large du terme;
- Toutes activité d'étude,de développement,de montage et de conduite d'opérations immobilières,de recherches architecturales et techniques,d'études de milieux et d'impacts,de contrôles techniques et de gestion d'immeubles.
- Toute activité relevant d'un bureau d'études et de conseil de tous types en relation avec le secteur de la construction sous toutes ses formes.
- À titre occasionnel:la gestion et la valorisation de tous biens immeubles et meubles lui appartenant,l'acquisition,la vente,l'échange,la location,la gérance,la mise en location de tous biens meubles et immeubles;l'exploitation et la mise en valeur de tous biens immeubles,bâtis ou non bâtis,meublés ou non,et de tous droits réels immobiliers;le conseil en réalisation immobilière;la constructions,la démolition,la transformation,la rénovation d'immeubles,leur aménagement,leur décoration,les prendre ou les donner en caution,prendre ou donner des droits d'emphytéose ou de superficie,faire tous les travaux en vue de rendre des immeubles rentables,lotir des terrains,créer la voirie nécessaire,conclure tout contrat de leasing,etc.
- La participation par voie d'apport en numéraire ou en nature,de fusion,de souscription,d'intervention financière ou autrement,dans toutes les sociétés ou entreprises commerciales,industrielles,financières,civiles et autres,existantes ou à créer,belges ou étrangères.
- La prestation de tous services de consultance ou d'assistance à des sociétés liées ou toutes autres sociétés.
- L'administration,la gestion,la supervision et le contrôle de toutes sociétés liées ou avec lesquelles il existe un lien de participation et toutes autre,et l'octroi de tous prêts à celles-ci,sous quelque forme et pour quelque durée que ce soit;la société peut assumer l'administration,la gestion,la supervision et le contrôle de ces sociétés en tant qu'administrateur(-délégué),membre de comité de direction de celles-ci,liquidateur ou autrement.
- La société peut faire toutes opérations commerciales,industrielles,immobilières,mobilières ou financières,se rattachant directement ou indirectement à son objet social.
- Les activités de la société seront exercées de manière telle que ceux des coopérateurs ayant le titre d'architecte puissent également respecter toutes les dispositions légales,réglementaires,et déontologiques régissant la profession d'architecte,notamment en ce qui concerne les incompatibilités et le devoir d'indépendance.
- La prestation d’un ensemble de services en matière de coaching,de soins énergétiques,de méditations,de massages thérapeutiques,d’ateliers et de formations,le tout au sens le plus large du terme;
- La création de programme en lien avec le coaching mental,sportif et de bien-être à destination des particuliers et des entreprises;
- L’organisation d’évènements dans le domaine du tourisme,au sens large du terme et sous quelques formes que ce soit(voyages,évènements culturels,…),à destination des professionnels et/ou des particuliers;
- L’organisation d’évènements dans le domaine des activités en extérieur,au sens large du terme(Activités sportives,de bien-être,festives,…)et sous quelques formes que ce soit(Camping,randonnée,…),à destination des professionnels et/ou des particuliers;
- L’achat,la vente et la location de matériels et/ou de services issus du domaine touristique,du domaine sportif et de manière plus général des activités en extérieur;
- L’achat,la vente,la location et l’aménagement de véhicules,à moteur ou non(Van,Voiture,Moto,Vélo,…),à l’état neuf ou d’occasion,ainsi que toutes les pièces et accessoires y relatifs;
- L’aménagement,l’entretien et la gestion d’espaces verts au sens large du terme;
- L’exploitation et la gestion de tous restaurants de type traditionnel ou autre,tavernes,brasseries,cafés,snack-bars,service-traiteur,débits de boissons,foodtruck et de façon générale,de toutes entreprise de commerce dans le secteur de l’HORECA;
- La création,l’exploitation et la gestion de distillerie et/ou de brasserie au sens large du terme.Est également visé,sans que cette liste ne soit exhaustive,la formation dans le domaine précité;
- La prise de participation ou toutes prises d'intérêts dans les opérations ayant trait aux objets ci-dessus ou pouvant s'y rattacher soit directement,soit indirectement,aussi bien dans les entreprises belges que dans les entreprises étrangères;
- Effectuer toutes opérations de placement de trésorerie,quel qu'en soit le support(tel,par exemple,le dépôt à court,moyen ou long terme,la prise de participation dans un organisme de placement collectif en valeurs mobilières,l'acquisition de tout type d'instruments financiers,l’acquisition d’antiquités,…);
- Rechercher des capitaux,pour compte propre ou pour compte de tiers,sous quelque forme que ce soit,en vue d'investissements(tant mobiliers qu'immobiliers)ou de financements de sociétés;
- Financer ou faciliter le financement à court,moyen et long terme de toutes sociétés,sous forme de prêts,crédits,garanties ou toute autre forme d'assistance financière ainsi que de se porter caution,donner et constituer toute sûreté personnelle ou réelle en faveur de toute société;
- L’acquisition,la gestion avec ou sans services(en ce compris,la fourniture de repas),la location,l’administration,la construction,la rénovation,l’achat,la vente de biens meubles et/ou immeubles dans le cadre de la gestion d’un patrimoine mobilier et/ou immobilier.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0792.236.909
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25049C0417/00C000 | Wallonia | 1,052 m² | 1 · 75 m² | 8.8 m · 2 |