Equity
-€617,495
Debts exceed assets in financial year 2025.
SINATRA
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2002peak €293,972 (2021)
€31,804▼ 17.7%
lowest -€287,927 (2024)
-€159,260▲ €128,667
peak €117,632 (2021)
-€617,495▼ €159,260
€912,132▲ 10.9%
peak 16.5 FTE (2019)
-not published
Board4 names since 2018
2 directorsRaf René Jozef VERHAERT and 1 other
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Gross margin from €38,656 to €31,804Loss of €159,260Equity from -€458,235 to -€617,495
Key points
from the 2025 annual accountsLosses
-€735,127 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€912,132 310% of the balance sheet
Financial debts 3%Suppliers 11%Taxes and wages 1%Other 84%
Staff
2 employees on 31-12-2025
In 2025, 33 people joined and 35 left.
Filings
24 annual accounts since 2002
Two of the last ten came late. The 2018 accounts came latest: 28 days after the end of the period.
Position in the sector
-€159,260
Lower net result than 95% of companies in food and beverage service. Sector median €4,887 · 17,129 companies.
Checked score
46
Fair
Financially stronger than 9% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.1%
01-2025: 3.1%● unchanged vs 12-2024
02-2025: 3.1%● unchanged vs 01-2025
03-2025: 3.0%▼ -0.1 percentage points vs 02-2025
04-2025: 3.0%● unchanged vs 03-2025
05-2025: 2.8%▼ -0.2 percentage points vs 04-2025
06-2025: 2.7%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 3.0%▲ +0.3 percentage points vs 06-2025
08-2025: 3.2%▲ +0.2 percentage points vs 07-2025
09-2025: 3.2%● unchanged vs 08-2025
10-2025: 3.1%▼ -0.1 percentage points vs 09-2025
11-2025: 3.1%● unchanged vs 10-2025
12-2025: 3.1%● unchanged vs 11-2025
01-2026: 3.1%● unchanged vs 12-2025
02-2026: 3.1%● unchanged vs 01-2026
03-2026: 3.0%▼ -0.1 percentage points vs 02-2026
04-2026: 3.0%● unchanged vs 03-2026
05-2026: 2.9%▼ -0.1 percentage points vs 04-2026
06-2026: 2.8%▼ -0.1 percentage points vs 05-2026
07-2026: 3.0%▲ +0.2 percentage points vs 06-2026
08-2026: 3.8%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 3.8%● unchanged vs 08-2026highest value
10-2026: 3.8%● unchanged vs 09-2026highest value
11-2026: 3.8%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €159,260, the second in a row (financial year 2025)
Negative equity -€617,495
Sector: Food and beverage service activities (NACE 56)
lowers risk
Size: total assets €294,637
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 56, micro). It does better than 9% of them on solvency, 1% on liquidity, 8% on profitability and 19% on growth.
The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 678 companies had the same profile as SINATRA has now. Each dot stands for 2 companies, two years later.
84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
Another 2.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SINATRA itself: 3.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 678 companies, not a prediction for SINATRA. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.05 (0.07 in 2024), below 1. Short-term debt is 309.6% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€617,495
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
3 days early
2023
33 days early
2022
45 days early
2021
44 days early
2020
8 days early
2019
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475288914
Resignation: Raf René Jozef VERHAERT (director, formerly manager)
Reappointment: Raf René Jozef VERHAERT (director) · Director discharge: Raf René Jozef VERHAERT · General meeting of 21-12-2023 · Gazette deed
Company renamed from WOUTERS WONINGBOUW to SINATRA
Appointment: Verhaert Raf René Jozef (manager) · Resignation: Wouters Marc Jan Philomena (manager) · Gazette deed
Registered office moved from Zoersel to Kapellen
New registered office: Hoevensebaan 19, 2950 Kapellen · Previous registered office: Platanenlaan 37, 2980 Zoersel · Appointment: Raf Verhaert (manager) · General meeting of 16-07-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SINATRA Kapellen | - | - | -209.6% | - |
| HAVA Antwerp | - | - | 82.0% | - |
| DEVA Antwerp | - | - | 30.5% | - |
| QUACH Bastogne | €225,976 | 3.2% | 27.3% | - |
| TRINH FRERES Liège | €201,022 | 4.7% | 56.0% | - |
| FORTY FOOD Walhain | - | - | 34.9% | - |
| COMPOSITION Huy | - | - | 27.0% | - |
These companies have the same main activity as SINATRA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €266,000 and €320,000, founded between 1997 and 2005.
Official details
Source: KBO- Status
- Active since 09-08-2001Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.100.417.8082950 Kapellen, since 16-08-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 06-11-2025
Annual accounts 2025
- ≈ €160,000estimated
- €294,637▼ 19.2%
- Employeeson 31-12-2025
- 2▼ 50.0%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on SINATRA
SINATRA files the micro format. That format states no turnover. The gross margin rose from €25,661 in 2007 to €31,804 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SINATRA
- What is the company number of SINATRA?
- The company number of SINATRA is 0475.288.914. The VAT number is the same number with BE in front: BE 0475.288.914.
- Where is SINATRA based?
- The registered office is at Hoevensebaan 19, 2950 Kapellen.Company details
- What does SINATRA do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of SINATRA?
- SINATRA is a private limited company (BV).
- When was SINATRA founded?
- SINATRA was founded on 09-08-2001.
- Is SINATRA still active?
- Yes, SINATRA is an active enterprise in the KBO register.
- How many employees does SINATRA have?
- SINATRA had an average of 13.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SINATRA fall under?
- In its 2025 annual accounts, SINATRA states joint committee 302 (Hotels and catering).
- What is the turnover of SINATRA?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €31,804 and 60 comparable companies (NACE 56111). It probably lies between €120,000 and €210,000.
- Is SINATRA profitable?
- In financial year 2025, SINATRA made a loss of €159,260.
- Where can I find the annual accounts of SINATRA?
- SINATRA filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SINATRA due?
- SINATRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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