SINATRA
ActiveThe computed 12-month bankruptcy probability of SINATRA is 2.1% (moderate). The 2025 annual accounts show negative equity (€-617k) and a net result of €-159k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 13270 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.07 in 2024; short-term debt: 309.6% of total assets), and equity is negative.
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 · 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-209.6%
Return on assets
-54.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 €-617k
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 d early
2024
3 d early
2023
33 d early
2022
45 d early
2021
44 d early
2020
8 d early
2019
20 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-617k▼ 34.8%
2024 · €-458k
2018: €-10k
2019: €53k
2020: €45k
2021: €118k
2022: €-6k
2023: €-170k
2024: €-458k
2018 → 2025
Total assets
€295k▼ 19.2%
2024 · €364k
2018: €358k
2019: €426k
2020: €312k
2021: €341k
2022: €328k
2023: €263k
2024: €364k
2018 → 2025
Net result
€-159k▲ 44.7%
2024 · €-288k
2018: €-32k
2019: €63k
2020: €-8k
2021: €73k
2022: €-123k
2023: €-165k
2024: €-288k
2018 → 2025
Working capital
€-864k▼ 13.1%
2024 · €-764k
2018: €-156k
2019: €-140k
2020: €-150k
2021: €-108k
2022: €-201k
2023: €-349k
2024: €-764k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€-6k€-170k▼ 2,984%€-458k▼ 169%€-617k▼ 34.8%
Operating result€77k-€-119k€-180k▼ 52.0%€-276k▼ 53.0%€-150k▲ 45.8%
Net result€73k-€-123k€-165k▼ 33.8%€-288k▼ 74.7%€-159k▲ 44.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €150k in 2025 against €276k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €295k
Fixed assets
€246k▼ 19.4%
Current assets
€48k▼ 18.2%
Key figures and ratios
EBITDA
€-88k▲
2024 · €-226k
Cash flow
€-98k▲
2024 · €-238k
Solvency
-209.6%▼
2024 · -125.7%
Current ratio
0.05▼
2024 · 0.07
Quick ratio
0.04▼
2024 · 0.04
Debt / equity
-1.48▲
2024 · -1.80
ROA
-54.1%▲
2024 · -79.0%
Interest coverage
-9.11▲
2024 · -19.13
Debt
€912k▲
2024 · €823k
Debt ≤ 1 year
€912k▲
2024 · €823k
Staff costs
€120k▼
2024 · €263k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€364k€295k▼
Fixed assets21/28€305k€246k▼
Tangible fixed assets22/27€303k€241k▼
Land and buildings22€21k€15k▼
Plant, machinery and equipment23€203k€156k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€77k€68k▼
Financial fixed assets28€3k€5k▲
Current assets29/58€59k€48k▼
Stocks and contracts in progress3€22k€9k▼
Stocks30/36€22k€9k▼
Amounts receivable within one year40/41€29k€36k▲
Trade receivables40€18k€29k▲
Other amounts receivable41€10k€8k▼
Cash at bank and in hand54/58€2k-
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€364k€295k▼
Equity10/15€-458k€-617k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-479k€-638k▼
Amounts payable17/49€823k€912k▲
Amounts payable within one year42/48€823k€912k▲
Current portion of amounts payable after more than one year42€17k-
Financial debts43€39k€31k▼
Credit institutions430/8€39k€31k▼
Trade debts44€153k€101k▼
Suppliers440/4€153k€101k▼
Taxes, remuneration and social security45€28k€13k▼
Taxes450/3-€4k
Remuneration and social security454/9€28k€9k▼
Other amounts payable47/48€585k€768k▲
Income statement
Code20242025
Remuneration, social security and pensions62€263k€120k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€62k▲
Other operating charges640/8€2k€120▼
Gross operating margin9900€39k€32k▼
Operating profit (loss)9901€-276k€-150k▲
Financial income75/76B€0€79▲
Recurring financial income75€0€79▲
Financial charges65/66B€12k€10k▼
Recurring financial charges65€12k€10k▼
Profit (loss) for the period before taxes9903€-288k€-159k▲
Profit (loss) for the period9904€-288k€-159k▲
Profit (loss) for the period to be appropriated9905€-288k€-159k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-479k€-638k▼
Profit (loss) brought forward from the previous period14P€-191k€-479k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-288k
Net result drops to €-288k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
31-12
Financial
Equity above €100kEq €118k ▲161%
Equity rises from €45k to €118k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kapellen · 1 establishment unit since 2001
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.
Hoevensebaan 192950 KapellenGround area
137 m²
Building footprint
129 m²
Volume, LiDAR
891 m³
Parcel 11902E0134/00G002, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hoevensebaan 19, 2950 Kapellen
since 20012.100.417.808
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902E0134/00G002 | Flanders | 137 m² | 1 · 129 m² | 11.6 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKapellen (Antw.)2.100.417.808
Similar companies · same sector, comparable size
GIUALE
BE 0506.905.568
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WAI WAH
BE 0451.416.323
Heist-op-den-Berg · Eq €118k
SIMPSON
BE 0435.532.374
Ukkel · Eq €118k
LES MENUS PLAISIRS
BE 0479.073.397
Estinnes · Eq €118k
VANHEERTUM
BE 0430.404.341
Turnhout · Eq €118k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,383 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-08-2001
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.