SINI CLEANING
ActiveSummary
The computed 12-month bankruptcy probability of SINI CLEANING is 4.0% (moderate). The 2024 annual accounts show equity of €39k and a net result of €3k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 5893 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability74▲+64
Solvency81▼-7
Growth81▲+17
Track record100
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.8 in 2023; short-term debt: 37.6% and cash: 24.7% of total assets), and 43.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
56.3%
Return on assets
3.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
29 d early
2022
95 d early
2021
19 d late
2020
12 d early
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€220k▲ 16.5%
2021 · €189k
2021: €189k
2022: €220k▲ +16.5% vs 2021
2021 → 2022
EBIT margin
7.7%=
2021 · 7.7%
2021: 7.7%
2022: 7.7%● -0.0% vs 2021
2021 → 2022
Net result
€3k
2023 · €-4k
2019: €315
2020: €26k▲ +8073% vs 2019highest in 6 years
2021: €3k▼ -87.0% vs 2020
2022: €11k▲ +226% vs 2021
2023: €-4k▼ -136% vs 2022lowest in 6 years
2024: €3k▲ +167% vs 2023
2019 → 2024
Working capital
€28k▲ 71.6%
2023 · €16k
2019: €13klowest in 6 years
2020: €36k▲ +187% vs 2019
2021: €32k▼ -9.7% vs 2020
2022: €40k▲ +23.3% vs 2021highest in 6 years
2023: €16k▼ -58.9% vs 2022
2024: €28k▲ +71.6% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€189k€220k▲ 16.5%
2021: €189k
2022: €220k▲ +16.5% vs 2021
Equity€26k-€29k▲ 12.9%€40k▲ 37.1%€36k▼ 9.9%€39k▲ 7.4%
2020: €26klowest in 5 years
2021: €29k▲ +12.9% vs 2020
2022: €40k▲ +37.1% vs 2021highest in 5 years
2023: €36k▼ -9.9% vs 2022
2024: €39k▲ +7.4% vs 2023
Operating result€26k-€14k▼ 43.9%€17k▲ 16.4%€-3k€7k
2020: €26khighest in 5 years
2021: €14k▼ -43.9% vs 2020
2022: €17k▲ +16.4% vs 2021
2023: €-3k▼ -116% vs 2022lowest in 5 years
2024: €7k▲ +363% vs 2023
Net result€26k-€3k▼ 87.0%€11k▲ 226%€-4k€3k
2020: €26khighest in 5 years
2021: €3k▼ -87.0% vs 2020
2022: €11k▲ +226% vs 2021
2023: €-4k▼ -136% vs 2022lowest in 5 years
2024: €3k▲ +167% vs 2023
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69k
Fixed assets
€15k ▼ 25.9%
Current assets
€54k ▲ 46.8%
Equity and liabilities €69k
Equity
€39k ▲ 7.4%
Debt
€30k ▲ 44.6%
Debt's share of the balance-sheet total rises from 36.6% to 43.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2023 · €-2k
Cash flow
€8k▲
2023 · €-3k
Current ratio
2.08▲
2023 · 1.80
Debt to equity
0.78▲
2023 · 0.58
ROE
6.9%▲
2023 · -11.0%
ROA
3.9%▲
2023 · -6.9%
Interest coverage
13.80▲
2023 · -1.82
Debt ≤ 1 year
€26k▲
2023 · €21k
Debt > 1 year
€4k
Income taxes
€4k▲
2023 · €403
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€57k€69k▲
Fixed assets21/28€20k€15k▼
Tangible fixed assets22/27€20k€15k▼
Furniture and vehicles24€20k€15k▼
Financial fixed assets28€287€287=
Current assets29/58€37k€54k▲
Amounts receivable within one year40/41€19k€36k▲
Trade receivables40€15k€34k▲
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€18k€17k▼
Deferred charges and accrued income490/1-€688
Equity and liabilities
Total equity and liabilities10/49€57k€69k▲
Equity10/15€36k€39k▲
Contributions10/11€1€1=
Reserves13€79€79=
Non-distributable reserves130/1€79€79=
Reserves not available under the articles1311€79€79=
Profit (loss) carried forward14€36k€39k▲
Amounts payable17/49€21k€30k▲
Amounts payable after more than one year17-€4k
Financial debts170/4-€4k
Amounts payable within one year42/48€21k€26k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44€810€17k▲
Suppliers440/4-€17k
Bills of exchange payable441€810-
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48€14k€902▼
Accrued charges and deferred income492/3€443€1▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€5k▲
Other operating charges640/8€448€2k▲
Gross operating margin9900€-1k€15k▲
Operating profit (loss)9901€-3k€7k▲
Financial income75/76B-€48
Recurring financial income75-€48
Financial charges65/66B€885€897▲
Recurring financial charges65€885€897▲
Profit (loss) for the period before taxes9903€-4k€6k▲
Income taxes67/77€403€4k▲
Profit (loss) for the period9904€-4k€3k▲
Profit (loss) for the period to be appropriated9905€-4k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€39k▲
Profit (loss) brought forward from the previous period14P€40k€36k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €189k | €220k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €173k | €203k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €483 | €147 | €1k | €5k | ▲ 386% |
| Other operating charges640/8 | - | €2k | €405 | €448 | €2k | ▲ 416% |
| Gross operating margin9900 | €30k | €16k | €17k | €-1k | €15k | ▲ 1,365% |
| Operating profit (loss)9901 | €26k | €14k | €17k | €-3k | €7k | ▲ 363% |
| Financial income75/76B | - | - | €0 | - | €48 | - |
| Recurring financial income75 | €16 | - | €0 | - | €48 | - |
| Financial charges65/66B | - | €673 | €477 | €885 | €897 | ▲ 1.4% |
| Recurring financial charges65 | €51 | €673 | €477 | €885 | €897 | ▲ 1.4% |
| Profit (loss) for the period before taxes9903 | €26k | €14k | €16k | €-4k | €6k | ▲ 275% |
| Income taxes67/77 | - | €10k | €5k | €403 | €4k | ▲ 785% |
| Profit (loss) for the period9904 | €26k | €3k | €11k | €-4k | €3k | ▲ 167% |
| Profit (loss) for the period to be appropriated9905 | €26k | €3k | €11k | €-4k | €3k | ▲ 167% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46k | €43k | €55k | €57k | €69k | ▲ 21.0% |
| Fixed assets21/28 | €959 | €476 | €376 | €20k | €15k | ▼ 25.9% |
| Tangible fixed assets22/27 | €719 | €236 | €89 | €20k | €15k | ▼ 26.2% |
| Furniture and vehicles24 | - | €236 | €89 | €20k | €15k | ▼ 26.2% |
| Financial fixed assets28 | €240 | €240 | €287 | €287 | €287 | = |
| Current assets29/58 | €45k | €43k | €55k | €37k | €54k | ▲ 46.8% |
| Amounts receivable within one year40/41 | €26k | €21k | €25k | €19k | €36k | ▲ 93.6% |
| Trade receivables40 | - | €20k | €23k | €15k | €34k | ▲ 126% |
| Other amounts receivable41 | - | €1k | €1k | €4k | €3k | ▼ 33.3% |
| Cash at bank and in hand54/58 | €19k | €21k | €30k | €18k | €17k | ▼ 5.5% |
| Deferred charges and accrued income490/1 | - | €263 | - | - | €688 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46k | €43k | €55k | €57k | €69k | ▲ 21.0% |
| Equity10/15 | €26k | €29k | €40k | €36k | €39k | ▲ 7.4% |
| Contributions10/11 | - | €1 | €1 | €1 | €1 | = |
| Reserves13 | €79 | €79 | €79 | €79 | €79 | = |
| Non-distributable reserves130/1 | - | €79 | €79 | €79 | €79 | = |
| Reserves not available under the articles1311 | - | €79 | €79 | €79 | €79 | = |
| Profit (loss) carried forward14 | €26k | €29k | €40k | €36k | €39k | ▲ 7.4% |
| Amounts payable17/49 | €20k | €14k | €15k | €21k | €30k | ▲ 44.6% |
| Amounts payable after more than one year17 | €11k | €3k | - | - | €4k | - |
| Financial debts170/4 | - | - | - | - | €4k | - |
| Other amounts payable178/9 | - | €3k | - | - | - | - |
| Amounts payable within one year42/48 | €9k | €10k | €15k | €21k | €26k | ▲ 27.1% |
| Current portion of amounts payable after more than one year42 | - | €5k | €3k | - | €4k | - |
| Trade debts44 | €9k | €1k | €41 | €810 | €17k | ▲ 2,028% |
| Suppliers440/4 | - | €1k | €41 | - | €17k | - |
| Bills of exchange payable441 | - | - | - | €810 | - | - |
| Taxes, remuneration and social security45 | - | €4k | €10k | €6k | €4k | ▼ 40.3% |
| Taxes450/3 | - | €4k | €10k | €6k | €4k | ▼ 40.3% |
| Other amounts payable47/48 | - | €199 | €693 | €14k | €902 | ▼ 93.5% |
| Accrued charges and deferred income492/3 | - | €106 | - | €443 | €1 | ▼ 99.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €3k | €11k | €-4k | €3k | ▲ 167% |
| + Depreciation and write-downs630 | €3k | €483 | €147 | €1k | €5k | ▲ 386% |
| Operating cash flow (approximation) | €29k | €4k | €11k | €-3k | €8k | ▲ 375% |
| Investment in fixed assets (approximation) | - | €0 | €-47 | €-21k | €0 | ▲ 100% |
| Change in cash | - | €2k | €8k | €-12k | €-991 | ▲ 91.4% |
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
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €26k ▲8,073%
Operating result €26k, net result €26k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Ukkel · 1 establishment unit since 2018
Ground area
1,319 m²
Building footprint
1,941 m²
Volume, LiDAR
13,206 m³
2 parcels, Brussels · tallest building 16.2 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
SINI CLEANING
since 20182.283.088.406
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0121/00W008 | Brussels | 1,286 m² | 1 · 1,941 m² | 16.2 m · 2 fl. |
| 21383B0065/00C011 | Brussels | 33 m² | - | - |
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 7,006 companies in sector 81220 we hold annual accounts for 2,414. 1,967 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)
Founded18-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Scores and ratios are computed by Checked and are not a credit decision.