SINCLAIR
ActiveSummary
SINCLAIR has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€164,923) and a net result of -€6,352. Equity is shrinking by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 2293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.16 in 2024; short-term debt: 512.7% and cash: 18% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-423.9%
Return on assets
-16.3%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 -€164,923
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
21 d late
2023
65 d late
2022
60 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,352▲ 87.3%
2024 · -€50,187
Working capital
-€169,800▼ 3.9%
2024 · -€163,421
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,176-€6,562-€3,872▲ 41.0%-€43,404▼ 1,021%-€2,015▲ 95.4%
Net result€67,968-€13,985-€3,754▲ 73.2%-€50,187▼ 1,237%-€6,352▲ 87.3%
Equity-€90,645▲ 42.9%-€104,630▼ 15.4%-€108,384▼ 3.6%-€158,571▼ 46.3%-€164,923▼ 4.0%
Total assets€77,543▼ 56.4%€49,081▼ 36.7%€64,893▲ 32.2%€41,424▼ 36.2%€38,906▼ 6.1%
Debt€168,188▼ 50.0%€153,710▼ 8.6%€173,276▲ 12.7%€199,995▲ 15.4%€203,830▲ 1.9%
Working capital-€98,298▲ 39.2%-€113,500▼ 15.5%-€116,316▼ 2.5%-€163,421▼ 40.5%-€169,800▼ 3.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,015 in 2025 against €43,404 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38,906
Fixed assets
€9,226 =
Current assets
€29,680 ▼ 7.8%
Key figures and ratios
Solvency
-423.9%▼
2024 · -382.8%
Current ratio
0.15▼
2024 · 0.16
Debt to equity
-1.24▲
2024 · -1.26
ROA
-16.3%▲
2024 · -121.2%
Debt ≤ 1 year
€199,481▲
2024 · €195,619
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,301 | €1,301 | €850 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €4,220 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€83,014 | - | - | - | - |
| Other operating charges640/8 | €3,373 | €83,361 | €384 | €385 | €400 | ▲ 3.9% |
| Non-recurring operating charges66A | - | - | - | €37,135 | - | - |
| Gross operating margin9900 | €12,850 | -€4,913 | -€2,637 | -€1,664 | -€1,616 | ▲ 2.9% |
| Operating profit (loss)9901 | €8,176 | -€6,562 | -€3,872 | -€43,404 | -€2,015 | ▲ 95.4% |
| Financial income75/76B | €69,729 | €1,595 | €2,070 | - | €135 | - |
| Recurring financial income75 | €69,729 | €1,595 | €2,070 | - | €135 | - |
| Non-recurring financial income76B | €69,729 | - | - | - | - | - |
| Financial charges65/66B | €9,936 | €9,018 | €1,953 | €6,783 | €4,472 | ▼ 34.1% |
| Recurring financial charges65 | €9,936 | €9,018 | €1,953 | €6,783 | €4,472 | ▼ 34.1% |
| Profit (loss) for the period before taxes9903 | €67,968 | -€13,985 | -€3,754 | -€50,187 | -€6,352 | ▲ 87.3% |
| Profit (loss) for the period9904 | €67,968 | -€13,985 | -€3,754 | -€50,187 | -€6,352 | ▲ 87.3% |
| Profit (loss) for the period to be appropriated9905 | €67,968 | -€13,985 | -€3,754 | -€50,187 | -€6,352 | ▲ 87.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77,543 | €49,081 | €64,893 | €41,424 | €38,906 | ▼ 6.1% |
| Fixed assets21/28 | €11,377 | €10,076 | €9,226 | €9,226 | €9,226 | = |
| Tangible fixed assets22/27 | €2,151 | €850 | - | - | - | - |
| Furniture and vehicles24 | €2,151 | €850 | - | - | - | - |
| Financial fixed assets28 | €9,226 | €9,226 | €9,226 | €9,226 | €9,226 | = |
| Current assets29/58 | €66,166 | €39,005 | €55,667 | €32,198 | €29,680 | ▼ 7.8% |
| Stocks and contracts in progress3 | €4,220 | €4,220 | €4,220 | - | - | - |
| Stocks30/36 | €4,220 | €4,220 | €4,220 | - | - | - |
| Amounts receivable within one year40/41 | €55,440 | €34,602 | €48,413 | €25,630 | €22,683 | ▼ 11.5% |
| Trade receivables40 | €40,763 | €32,233 | €36,531 | €19,000 | €22,401 | ▲ 17.9% |
| Other amounts receivable41 | €14,677 | €2,369 | €11,882 | €6,630 | €281 | ▼ 95.8% |
| Cash at bank and in hand54/58 | €6,507 | €183 | €3,034 | €6,568 | €6,998 | ▲ 6.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77,543 | €49,081 | €64,893 | €41,424 | €38,906 | ▼ 6.1% |
| Equity10/15 | -€90,645 | -€104,630 | -€108,384 | -€158,571 | -€164,923 | ▼ 4.0% |
| Contributions10/11 | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€98,755 | -€112,740 | -€116,494 | -€166,681 | -€173,033 | ▼ 3.8% |
| Amounts payable17/49 | €168,188 | €153,710 | €173,276 | €199,995 | €203,830 | ▲ 1.9% |
| Amounts payable after more than one year17 | €954 | - | - | - | - | - |
| Financial debts170/4 | €954 | - | - | - | - | - |
| Amounts payable within one year42/48 | €164,465 | €152,504 | €171,983 | €195,619 | €199,481 | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | €11,328 | €954 | - | - | - | - |
| Financial debts43 | €87,000 | €79,251 | €75,000 | €62,099 | €26,749 | ▼ 56.9% |
| Credit institutions430/8 | €12,000 | €4,251 | - | - | - | - |
| Other loans439 | €75,000 | €75,000 | €75,000 | €62,099 | €26,749 | ▼ 56.9% |
| Trade debts44 | €12,247 | €7,279 | €31,887 | €33,898 | €17,272 | ▼ 49.0% |
| Suppliers440/4 | €12,247 | €7,279 | €31,887 | €33,898 | €17,272 | ▼ 49.0% |
| Taxes, remuneration and social security45 | €3,171 | - | - | - | - | - |
| Taxes450/3 | €3,171 | - | - | - | - | - |
| Other amounts payable47/48 | €50,719 | €65,020 | €65,096 | €99,623 | €155,460 | ▲ 56.0% |
| Accrued charges and deferred income492/3 | €2,769 | €1,206 | €1,294 | €4,376 | €4,349 | ▼ 0.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,968 | -€13,985 | -€3,754 | -€50,187 | -€6,352 | ▲ 87.3% |
| + Depreciation and write-downs630 | €1,301 | €1,301 | €850 | - | - | - |
| Operating cash flow (approximation) | €69,269 | -€12,684 | -€2,904 | -€50,187 | -€6,352 | ▲ 87.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€6,324 | €2,851 | €3,534 | €430 | ▼ 87.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 21 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 65 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €67,968
Net result €67,968 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€175,392
Net result drops to -€175,392, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 134 days late
2018
22-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 114 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Watermaal-Bosvoorde · 1 establishment unit since 2004
Ground area
586 m²
Building footprint
307 m²
Volume, LiDAR
6,754 m³
2 parcels, Brussels · tallest building 34.5 m, ±11 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Sinclair
since 20042.145.021.970
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0361/00D000 | Brussels | 464 m² | 1 · 185 m² | 34.5 m · 11 fl. |
| 21652E0011/00G002 | Brussels | 122 m² | 1 · 122 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,412. 5,498 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
59130Motion picture, video and television programme production, sound recording and music publishing activities
Scores and ratios are computed by Checked and are not a credit decision.