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SINDIBAD

Active
Private limited companyfounded 20196 yrs activeVilvoordelaan 110, 1930 Zaventem, BelgiumKBO/BCE: BE 0738.698.946
Summary

The computed 12-month bankruptcy probability of SINDIBAD is 5.0% (elevated). For SINDIBAD, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €2,938 and a net result of -€38. Equity remains stable across the filed fiscal years (±0.4% per year). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability36
Solvency72▲+12
Growth32▼-23
Track record100
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2023
Solvency, return and age of the figures
Solvency
47.3%
Return on assets
-0.6%
Age of the figures
33 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-09-2024, 35 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
35 d late
2022
32 d late
2020
26 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 December 2019, SINDIBAD was incorporated as a Private limited company.1 Total assets went from EUR 8,556 in 2020 to EUR 6,218 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2023

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Financials · fiscal year 2023, micro schema

Turnover
€499
EBIT margin
195.7%
Net result
-€38
2020 · €976
Working capital
€2,938▼ 1.3%
2022 · €2,976
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
Line202020222023
Turnover€499-
Operating result€977-
Net result€976--€38
EBIT margin195.7%-
Equity€2,976-€2,976-€2,938▼ 1.3%
Total assets€8,556-€8,556-€6,218▼ 27.3%
Debt€5,580-€5,580-€3,280▼ 41.2%
Working capital€2,976-€2,976-€2,938▼ 1.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500€0€500€1,000Operating result 2020: €977€977Net result 2020: €976€976Net result 2023: -€38-€38202020222023-€500€0€500€1,000Operating result 2020: €977€977Net result 2020: €976€976Net result 2023: -€38-€38202020222023
2020 is the only fiscal year with figures: the operating result is €977.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €6,218
Equity €2,938 ▼ 1.3%
Debt €3,280 ▼ 41.2%
Debt's share of the balance-sheet total falls from 65.2% to 52.7%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
Current ratio
1.90▲
2022 · 1.53
Debt to equity
1.12▼
2022 · 1.87
ROE
-1.3%
ROA
-0.6%
Debt ≤ 1 year
€3,280▼
2022 · €5,580
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 21 lines
Balance sheet Code20222023
Assets
Total assets20/58€8,556€6,218▼
Current assets29/58€8,556€6,218▼
Amounts receivable within one year40/41€495€495=
Other amounts receivable41€495€495=
Cash at bank and in hand54/58€8,061€5,723▼
Equity and liabilities
Total equity and liabilities10/49€8,556€6,218▼
Equity10/15€2,976€2,938▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€976€938▼
Amounts payable17/49€5,580€3,280▼
Amounts payable within one year42/48€5,580€3,280▼
Trade debts44€128€128=
Suppliers440/4€128€128=
Other amounts payable47/48€5,452€3,152▼
Income statement Code20222023
Financial charges65/66B-€38
Recurring financial charges65-€38
Profit (loss) for the period before taxes9903--€38
Profit (loss) for the period9904--€38
Profit (loss) for the period to be appropriated9905--€38
Appropriation of the result
Profit (loss) to be appropriated9906€976€938▼
Profit (loss) brought forward from the previous period14P€976€976=

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020222023Change
Turnover70€499---
Gross operating margin9900€977---
Operating profit (loss)9901€977---
Financial charges65/66B--€38-
Recurring financial charges65€0-€38-
Profit (loss) for the period before taxes9903€976--€38-
Profit (loss) for the period9904€976--€38-
Profit (loss) for the period to be appropriated9905€976--€38-
Line202020222023Change
Assets
Total assets20/58€8,556€8,556€6,218▼ 27.3%
Current assets29/58€8,556€8,556€6,218▼ 27.3%
Amounts receivable within one year40/41€495€495€495=
Other amounts receivable41-€495€495=
Cash at bank and in hand54/58€8,061€8,061€5,723▼ 29.0%
Equity and liabilities
Total equity and liabilities10/49€8,556€8,556€6,218▼ 27.3%
Equity10/15€2,976€2,976€2,938▼ 1.3%
Contributions10/11-€2,000€2,000=
Profit (loss) carried forward14€976€976€938▼ 3.9%
Amounts payable17/49€5,580€5,580€3,280▼ 41.2%
Amounts payable within one year42/48€5,580€5,580€3,280▼ 41.2%
Trade debts44€128€128€128=
Suppliers440/4-€128€128=
Other amounts payable47/48-€5,452€3,152▼ 42.2%
Line202020222023Change
Profit (loss) for the period9904€976--€38-
Operating cash flow (approximation)€976--€38-
Change in cash---€2,338-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
04-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2021
05-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
NBB filing
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, Zaventem · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
94 m²
Building footprint
80 m²
Volume, LiDAR
803 m³
Parcel 23094A0031/00Y000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
SINDIBAD
Vilvoordelaan 110, 1930 ZaventemNACE 45112
since 20192.296.315.642
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094A0031/00Y000 Flanders 94 m² 1 · 80 m² 12.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded03-12-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.