SINATURE
ActiveSINATURE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.22M and a net result of €103k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 4852 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-2
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 5.33 against 3.38 in 2024; short-term debt: 18% and cash: 50.5% of total assets), and 21.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.2%
Return on assets
6.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
6 d early
2023
2 d early
2022
12 d early
2021
43 d late
2020
2 d early
2019
32 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€103k▼ 16.5%
2024 · €124k
2018: €51k
2019: €64k
2020: €209k
2021: €145k
2022: €84k
2023: €62k
2024: €124k
2018 → 2025
Working capital
€1.22M▲ 18.4%
2024 · €1.03M
2018: €403k
2019: €453k
2020: €649k
2021: €766k
2022: €877k
2023: €944k
2024: €1.03M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€849k-€934k▲ 9.9%€995k▲ 6.6%€1.12M▲ 12.5%€1.22M▲ 9.2%
Operating result€271k-€95k▼ 64.7%€54k▼ 43.2%€159k▲ 193%€141k▼ 10.9%
Net result€145k-€84k▼ 41.7%€62k▼ 26.8%€124k▲ 101%€103k▼ 16.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€65k▼ 28.4%
Current assets
€1.50M▲ 2.7%
Equity and liabilities €1.56M
Equity
€1.22M▲ 9.2%
Debt
€341k▼ 21.0%
The debt ratio falls from 27.8% to 21.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€171k▼
2024 · €198k
Cash flow
€133k▼
2024 · €164k
Solvency
78.2%▲
2024 · 72.2%
Current ratio
5.33▲
2024 · 3.38
Quick ratio
5.13▲
2024 · 3.31
Debt / equity
0.28▼
2024 · 0.39
ROE
8.5%▼
2024 · 11.1%
ROA
6.6%▼
2024 · 8.0%
Interest coverage
67.12▼
2024 · 82.01
Debt
€341k▼
2024 · €431k
Debt ≤ 1 year
€281k▼
2024 · €431k
Income taxes
€39k▼
2024 · €51k
Staff costs
€305k▼
2024 · €313k
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€1.55M€1.56M▲
Fixed assets21/28€91k€65k▼
Tangible fixed assets22/27€86k€60k▼
Plant, machinery and equipment23€26k€19k▼
Furniture and vehicles24€57k€39k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€5k€5k=
Current assets29/58€1.46M€1.50M▲
Stocks and contracts in progress3€33k€56k▲
Stocks30/36€33k€56k▲
Amounts receivable within one year40/41€386k€576k▲
Trade receivables40€219k€433k▲
Other amounts receivable41€166k€143k▼
Cash at bank and in hand54/58€968k€789k▼
Deferred charges and accrued income490/1€73k€77k▲
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.56M▲
Equity10/15€1.12M€1.22M▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€1.04M€1.15M▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€1.04M€1.14M▲
Amounts payable17/49€431k€341k▼
Amounts payable within one year42/48€431k€281k▼
Financial debts43-€12k
Credit institutions430/8-€12k
Trade debts44€348k€167k▼
Suppliers440/4€348k€167k▼
Taxes, remuneration and social security45€83k€102k▲
Taxes450/3€36k€52k▲
Remuneration and social security454/9€47k€51k▲
Accrued charges and deferred income492/3-€60k
Income statement
Code20242025
Remuneration, social security and pensions62€313k€305k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€29k▼
Other operating charges640/8€23k€25k▲
Non-recurring operating charges66A-€371
Gross operating margin9900€534k€501k▼
Operating profit (loss)9901€159k€141k▼
Financial income75/76B€19k€4k▼
Recurring financial income75€19k€4k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€175k€143k▼
Income taxes67/77€51k€39k▼
Profit (loss) for the period9904€124k€103k▼
Profit (loss) for the period to be appropriated9905€124k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€124k€103k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€124k€103k▼
To other reserves6921€124k€103k▼
Social balance
Average headcount (FTE)90876.05.8▼
The notes to these accounts (12 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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.12M ▲12.5%
7 profitable years in a row build equity to €1.12M.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 43 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €209k ▲228%
Net result €209k, the highest in the series.
31-12
Financial
Equity above €500kEq €705k ▲42.2%
3 profitable years in a row build equity to €705k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Katelijne-Waver · 2 establishment units since 1999
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.
Heiken 582861 Sint-Katelijne-WaverGround area
2.6 ha
Building footprint
1.8 ha
Volume, LiDAR
73,536 m³
2 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SINATURE NV
since 19992.097.013.603
Sinature
since 20222.337.044.358
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027E0057/00G002 | Flanders | 2.2 ha | 1 · 1.6 ha | 12.1 m · 1 fl. |
| 12422D0389/00A002 | Flanders | 3,016 m² | 1 · 2,351 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteSint-Katelijne-Waver2.337.044.358
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Of 956 companies in sector 46319 we hold annual accounts for 609. 397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-12-1999
Fiscal year end31-12
Activities, NACEBEL
46319Wholesale of fruit and vegetables, excluding potatoes
51310
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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.