SINCERE
ActiveSINCERE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €-709. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-32
Solvency98▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.58 against 10.58 in 2024; short-term debt: 27% and cash: 65.8% of total assets), and 27% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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 · 7 filingsDeviation from the deadline
2025
4 d late
2024
33 d early
2023
29 d early
2022
41 d early
2021
27 d early
2020
60 d early
2019
49 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€96k▼ 27.3%
2024 · €132k
2019: €54k
2020: €25k
2021: €54k
2022: €85k
2023: €115k
2024: €132k
2019 → 2025
Total assets
€131k▼ 9.4%
2024 · €145k
2019: €115k
2020: €63k
2021: €77k
2022: €89k
2023: €117k
2024: €145k
2019 → 2025
Net result
€-709
2024 · €88k
2019: €85k
2020: €-29k
2021: €65k
2022: €77k
2023: €101k
2024: €88k
2019 → 2025
Working capital
€91k▼ 26.1%
2024 · €124k
2019: €38k
2020: €10k
2021: €39k
2022: €63k
2023: €102k
2024: €124k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€85k▲ 55.9%€115k▲ 35.6%€132k▲ 14.8%€96k▼ 27.3%
Operating result€77k-€99k▲ 29.4%€128k▲ 28.9%€111k▼ 13.3%€-296
Net result€65k-€77k▲ 18.8%€101k▲ 30.5%€88k▼ 13.1%€-709
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €296 after €111k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets
€5k▼ 45.2%
Current assets
€127k▼ 7.2%
Equity and liabilities €131k
Equity
€96k▼ 27.3%
Debt
€35k▲ 174%
The debt ratio rises from 8.9% to 27.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €115k
Cash flow
€3k▼
2024 · €92k
Solvency
73.0%▼
2024 · 91.1%
Current ratio
3.58▼
2024 · 10.58
Quick ratio
3.58▼
2024 · 10.58
Debt / equity
0.37▲
2024 · 0.10
ROE
-0.7%▼
2024 · 66.4%
ROA
-0.5%▼
2024 · 60.5%
Interest coverage
57.18▼
2024 · 1873.95
Debt
€35k▲
2024 · €13k
Debt ≤ 1 year
€35k▲
2024 · €13k
Income taxes
€355▼
2024 · €23k
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€145k€131k▼
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Furniture and vehicles24€8k€5k▼
Current assets29/58€136k€127k▼
Amounts receivable within one year40/41€47k€39k▼
Trade receivables40€39k€2k▼
Other amounts receivable41€7k€37k▲
Cash at bank and in hand54/58€89k€86k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€145k€131k▼
Equity10/15€132k€96k▼
Contributions10/11€19k€19k=
Reserves13€96k€77k▼
Distributable reserves133€96k€77k▼
Profit (loss) carried forward14€17k€0▼
Amounts payable17/49€13k€35k▲
Amounts payable within one year42/48€13k€35k▲
Trade debts44€2k€12▼
Suppliers440/4€2k€12▼
Other amounts payable47/48€11k€35k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€651€941▲
Gross operating margin9900€116k€4k▼
Operating profit (loss)9901€111k€-296▼
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€62€61▼
Recurring financial charges65€62€61▼
Profit (loss) for the period before taxes9903€111k€-355▼
Income taxes67/77€23k€355▼
Profit (loss) for the period9904€88k€-709▼
Profit (loss) for the period to be appropriated9905€88k€-709▼
Appropriation of the result
Profit (loss) to be appropriated9906€118k€16k▼
Profit (loss) brought forward from the previous period14P€30k€17k▼
Transfer from equity791/2-€19k
Transfer to equity691/2€30k€0▼
To other reserves6921€30k€0▼
Profit to be distributed694/7€71k€35k▼
Return on contributions (dividend)694€71k€35k▼
The notes to these accounts (5 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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €101k ▲30.5%
Operating result €128k, net result €101k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 48.12
Current ratio from 16.42 to 48.12; short-term debt falls from €4k to €2k.
31-12
Financial
Equity above €100kEq €115k ▲35.6%
3 profitable years in a row build equity to €115k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 6current ratio 16.42
Current ratio from 2.68 to 16.42; short-term debt falls from €23k to €4k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €65k
Net result €65k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.68
Current ratio from 1.32 to 2.68; short-term debt falls from €32k to €23k.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-29k ▼134%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Voeren · 1 establishment unit since 2018
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.
Weersterweg 63798 VoerenGround area
561 m²
Building footprint
97 m²
Volume, LiDAR
479 m³
Parcel 73075A1111/00E002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sincere
since 20182.283.168.974
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73075A1111/00E002 | Flanders | 561 m² | 1 · 97 m² | 7.0 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.
Similar companies · same sector, comparable size
IT & BI Consulting
BE 0631.961.829
Vorst · Eq €96k
VANRAV
BE 1005.215.552
Celles (lez-Tournai) · Eq €96k
R-G-O CONSULTING
BE 0652.693.303
Oupeye · Eq €96k
OmniAteek
BE 0778.474.092
Zaventem · Eq €96k
INVEZTOR 360
BE 0809.751.248
Antwerpen · Eq €96k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,582 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47410Retail trade
62010Computer programming, consultancy and related activities
62100Computer programming
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.