SINDI
ActiveThe computed 12-month bankruptcy probability of SINDI is 4.6% (elevated). The 2025 annual accounts show negative equity (€-41k) and a net result of €-35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 4596 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-56
Solvency0▼-7
Growth55▼-30
Track record94
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.57 in 2024; short-term debt: 222.3% and cash: 71.6% 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.
+raises risk○neutral
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
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
-122.3%
Return on assets
-103.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-41k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
49 d late
2023
387 d late
2022
340 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€176k▲ 201%
2022 · €58k
2022: €58k
2022 → 2023
EBIT margin
2.8%▲ 25.7pp
2022 · -22.9%
2022: -22.9%
2022 → 2023
Net result
€-35k
2024 · €908
2022: €-14k
2023: €4k
2024: €908
2022 → 2025
Working capital
€-48k▼ 172%
2024 · €-18k
2022: €-14k
2023: €-9k
2024: €-18k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€58k-€176k▲ 201%
Equity€-12k-€-7k▲ 37.3%€-6k▲ 12.6%€-41k▼ 552%
Operating result€-13k-€5k€2k▼ 67.3%€-34k
Net result€-14k-€4k€908▼ 78.8%€-35k
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 €34k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€7k▼ 37.9%
Current assets
€27k▲ 14.3%
Key figures and ratios
EBITDA
€-30k▼
2024 · €3k
Cash flow
€-31k▼
2024 · €2k
Solvency
-122.3%▼
2024 · -18.2%
Current ratio
0.36▼
2024 · 0.57
Quick ratio
0.36▼
2024 · 0.57
Debt / equity
-1.82▲
2024 · -6.49
ROA
-103.5%▼
2024 · 2.6%
Interest coverage
-86.69▼
2024 · 4.09
Debt
€75k▲
2024 · €41k
Debt ≤ 1 year
€75k▲
2024 · €41k
Income taxes
€415▲
2024 · €13
Staff costs
€100k▼
2024 · €102k
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€35k€34k▼
Fixed assets21/28€11k€7k▼
Tangible fixed assets22/27€11k€7k▼
Plant, machinery and equipment23€1k€545▼
Furniture and vehicles24€10k€7k▼
Current assets29/58€23k€27k▲
Amounts receivable within one year40/41€2k-
Trade receivables40€2k-
Cash at bank and in hand54/58€21k€24k▲
Deferred charges and accrued income490/1€471€2k▲
Equity and liabilities
Total equity and liabilities10/49€35k€34k▼
Equity10/15€-6k€-41k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-8k€-43k▼
Amounts payable17/49€41k€75k▲
Amounts payable within one year42/48€41k€75k▲
Financial debts43€3k-
Other loans439€3k-
Trade debts44-€6k
Suppliers440/4-€6k
Taxes, remuneration and social security45€12k€17k▲
Taxes450/3€5k€3k▼
Remuneration and social security454/9€7k€15k▲
Other amounts payable47/48€26k€52k▲
Income statement
Code20242025
Remuneration, social security and pensions62€102k€100k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€108k€72k▼
Operating profit (loss)9901€2k€-34k▼
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€703€344▼
Recurring financial charges65€703€344▼
Profit (loss) for the period before taxes9903€921€-34k▼
Income taxes67/77€13€415▲
Profit (loss) for the period9904€908€-35k▼
Profit (loss) for the period to be appropriated9905€908€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-43k▼
Profit (loss) brought forward from the previous period14P€-9k€-8k▲
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-35k ▼3940%
Net result drops to €-35k, the lowest in the series.
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 387 days late
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 340 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Balen · 3 establishment units since 2021
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.
Vaartstraat 742490 BalenGround area
1,093 m²
Building footprint
801 m²
Volume, LiDAR
6,505 m³
3 parcels, Flanders · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
SINDI
since 20212.328.670.981
SINDI
since 20212.328.671.080
fadenblade
since 20232.341.114.992
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71057A0783/00M000 | Flanders | 610 m² | 1 · 606 m² | 11.0 m · 3 fl. |
| 13003A1229/00Y002 | Flanders | 389 m² | 1 · 102 m² | 9.8 m · 2 fl. |
| 13434F0732/00X000 | Flanders | 94 m² | 1 · 94 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
BRABANTS & CO
BE 0478.664.118
Balen
De kapper
BE 0744.603.870
Balen
Haaratelier Hofer
BE 1037.882.677
Balen
The Hair Artist
BE 0675.835.424
Balen
Yolo
BE 1007.224.244
Balen
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 21,748 companies in sector 96210 we hold annual accounts for 2,831.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2021
Fiscal year end31-12
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
47750Retail sale of cosmetics and toilet articles
47789Other retail sale of new goods
96092Personal service activities
96992Tattoo and piercing services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.