SINENSIS
ActiveSummary
SINENSIS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110,403 and a net result of €8,807. Equity is growing by ~13.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency69▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.28 in 2024; short-term debt: 27.8% and cash: 2.8% of total assets), and 56.2% of the assets are financed with debt.
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Signals
Four 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
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-11-2025, 15 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
15 d late
2024
19 d early
2023
28 d early
2022
13 d early
2021
68 d early
2020
18 d early
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 17 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
€8,807▼ 34.1%
2024 · €13,372
Working capital
-€50,162▼ 3.5%
2024 · -€48,474
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
Turnover€0
Operating result€4,217€18,789▲ 346%€19,776▲ 5.3%€20,399▲ 3.2%€14,620▼ 28.3%
Net result€1,314€14,922▲ 1,036%€13,398▼ 10.2%€13,372▼ 0.2%€8,807▼ 34.1%
Equity€59,905▲ 2.2%€74,827▲ 24.9%€88,224▲ 17.9%€101,597▲ 15.2%€110,403▲ 8.7%
Total assets€259,217▼ 0.7%€259,600▲ 0.1%€255,331▼ 1.6%€256,084▲ 0.3%€251,974▼ 1.6%
Debt€199,312▼ 1.6%€184,773▼ 7.3%€167,107▼ 9.6%€154,487▼ 7.6%€141,571▼ 8.4%
Working capital-€13,231▲ 93.4%-€8,247▲ 37.7%-€51,413▼ 523%-€48,474▲ 5.7%-€50,162▼ 3.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251,974
Fixed assets
€232,177 ▼ 2.3%
Current assets
€19,797 ▲ 6.7%
Equity and liabilities €251,974
Equity
€110,403 ▲ 8.7%
Debt
€141,571 ▼ 8.4%
Debt's share of the balance-sheet total falls from 60.3% to 56.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19,975▼
2024 · €25,754
Cash flow
€14,162▼
2024 · €18,727
Current ratio
0.28▲
2024 · 0.28
Debt to equity
1.28▼
2024 · 1.52
ROE
8.0%▼
2024 · 13.2%
ROA
3.5%▼
2024 · 5.2%
Interest coverage
9.81▲
2024 · 8.93
Debt ≤ 1 year
€69,959▲
2024 · €67,026
Debt > 1 year
€71,612▼
2024 · €87,461
Income taxes
€3,777▼
2024 · €4,143
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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €922 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,494 | €5,355 | €5,355 | €5,355 | €5,355 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €384 | - | - |
| Other operating charges640/8 | - | €347 | €347 | - | €387 | - |
| Gross operating margin9900 | €15,192 | €24,491 | €25,478 | €26,138 | €20,362 | ▼ 22.1% |
| Operating profit (loss)9901 | €4,217 | €18,789 | €19,776 | €20,399 | €14,620 | ▼ 28.3% |
| Financial charges65/66B | - | €2,867 | €2,378 | €2,884 | €2,036 | ▼ 29.4% |
| Recurring financial charges65 | €2,903 | €2,867 | €2,378 | €2,884 | €2,036 | ▼ 29.4% |
| Profit (loss) for the period before taxes9903 | €1,314 | €15,922 | €17,398 | €17,515 | €12,584 | ▼ 28.2% |
| Income taxes67/77 | - | €1,000 | €4,000 | €4,143 | €3,777 | ▼ 8.8% |
| Profit (loss) for the period9904 | €1,314 | €14,922 | €13,398 | €13,372 | €8,807 | ▼ 34.1% |
| Profit (loss) for the period to be appropriated9905 | €1,314 | €14,922 | €13,398 | €13,372 | €8,807 | ▼ 34.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €259,217 | €259,600 | €255,331 | €256,084 | €251,974 | ▼ 1.6% |
| Formation expenses20 | - | €0 | - | - | - | - |
| Fixed assets21/28 | €253,597 | €248,242 | €242,887 | €237,532 | €232,177 | ▼ 2.3% |
| Tangible fixed assets22/27 | €53,597 | €48,242 | €42,887 | €37,532 | €32,177 | ▼ 14.3% |
| Land and buildings22 | - | €48,242 | €42,887 | €37,532 | €32,177 | ▼ 14.3% |
| Financial fixed assets28 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Current assets29/58 | €5,620 | €11,358 | €12,444 | €18,552 | €19,797 | ▲ 6.7% |
| Amounts receivable within one year40/41 | - | - | €4,400 | €14,630 | €12,743 | ▼ 12.9% |
| Trade receivables40 | - | - | €4,400 | €14,630 | €12,743 | ▼ 12.9% |
| Cash at bank and in hand54/58 | €5,620 | €11,358 | €8,044 | €3,922 | €7,054 | ▲ 79.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €259,217 | €259,600 | €255,331 | €256,084 | €251,974 | ▼ 1.6% |
| Equity10/15 | €59,905 | €74,827 | €88,224 | €101,597 | €110,403 | ▲ 8.7% |
| Contributions10/11 | €37,184 | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Capital10 | - | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Issued capital100 | - | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Reserves13 | €22,509 | €22,509 | €22,509 | €22,510 | €22,509 | = |
| Non-distributable reserves130/1 | - | €3,718 | €3,718 | €3,719 | €3,718 | = |
| Legal reserve130 | - | €3,718 | €3,718 | €3,719 | €3,718 | = |
| Distributable reserves133 | - | €18,791 | €18,791 | €18,791 | €18,791 | = |
| Profit (loss) carried forward14 | €212 | €15,134 | €28,531 | €41,903 | €50,710 | ▲ 21.0% |
| Amounts payable17/49 | €199,312 | €184,773 | €167,107 | €154,487 | €141,571 | ▼ 8.4% |
| Amounts payable after more than one year17 | €180,461 | €165,168 | €103,250 | €87,461 | €71,612 | ▼ 18.1% |
| Financial debts170/4 | - | €118,759 | €103,250 | €87,461 | €71,612 | ▼ 18.1% |
| Other amounts payable178/9 | - | €46,409 | - | - | - | - |
| Amounts payable within one year42/48 | €18,851 | €19,605 | €63,857 | €67,026 | €69,959 | ▲ 4.4% |
| Current portion of amounts payable after more than one year42 | - | €15,234 | €15,509 | €15,789 | €16,074 | ▲ 1.8% |
| Trade debts44 | €2,707 | €3,371 | €1,731 | €601 | €3,496 | ▲ 482% |
| Suppliers440/4 | - | €3,371 | €1,731 | €601 | €3,496 | ▲ 482% |
| Taxes, remuneration and social security45 | - | €1,000 | €5,000 | €4,500 | €3,500 | ▼ 22.2% |
| Taxes450/3 | - | €1,000 | €5,000 | €4,500 | €3,500 | ▼ 22.2% |
| Other amounts payable47/48 | - | - | €41,617 | €46,136 | €46,889 | ▲ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,314 | €14,922 | €13,398 | €13,372 | €8,807 | ▼ 34.1% |
| + Depreciation and write-downs630 | €9,494 | €5,355 | €5,355 | €5,355 | €5,355 | = |
| Operating cash flow (approximation) | €10,808 | €20,277 | €18,753 | €18,727 | €14,162 | ▼ 24.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5,738 | -€3,314 | -€4,122 | €3,132 | ▲ 176% |
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
2025
15-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 15 days late
2024
12-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Equity above €100,000Eq €101,597 ▲15.2%
4 profitable years in a row build equity to €101,597.
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Highest result since 2019net €14,922 ▲1,036%
Net result €14,922, the highest in the series.
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Back to profitnet €1,314
Net result €1,314 after one loss-making year.
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Weakest financial yearnet -€18,917
Net result drops to -€18,917, the lowest in the series; recovery starts the following year.
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Oudergem · 1 establishment unit since 1990
Ground area
544 m²
Building footprint
99 m²
Volume, LiDAR
787 m³
Parcel 21332C0056/00H020, Brussels · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Kardinaal Micaralaan 66, 1160 Oudergem
since 19902.050.034.325
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332C0056/00H020 | Brussels | 544 m² | 1 · 99 m² | 11.2 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.
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts OSE 202525%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-10-1990
Fiscal year end31-03
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.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.