SINIBALDO
ActiveSummary
The computed 12-month bankruptcy probability of SINIBALDO is 4.5% (elevated). The 2025 annual accounts show equity of €276k and a net result of €139k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 64% of 818 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+49
Solvency68▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 0.71 in 2024; short-term debt: 57.3% and cash: 20.7% of total assets), and 57.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.7%
Return on assets
21.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-12-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
50 d early
2023
63 d early
2022
50 d early
2021
67 d early
2020
60 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€139k▲ 1,212%
2024 · €11k
Working capital
€4k
2024 · €-124k
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€118k▲ 78.7%€-117k€109k€49k▼ 55.2%€237k▲ 385%
Net result€93k▲ 107%€-139k€80k€11k▼ 86.7%€139k▲ 1,212%
Equity€186k▲ 100%€47k▼ 74.6%€127k▲ 170%€137k▲ 8.3%€276k▲ 101%
Total assets€452k▲ 70.5%€478k▲ 5.7%€544k▲ 13.8%€571k▲ 5.1%€647k▲ 13.2%
Debt€267k▲ 54.6%€431k▲ 61.6%€417k▼ 3.3%€434k▲ 4.1%€370k▼ 14.6%
Working capital€-43k▼ 64.0%€-182k▼ 324%€-85k▲ 53.0%€-124k▼ 45.3%€4k
Staff (FTE)11.3▼ 24.2%22.623.9▲ 5.8%24.9▲ 4.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 385% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €647k
Fixed assets
€273k ▲ 4.3%
Current assets
€374k ▲ 20.8%
Equity and liabilities €647k
Equity
€276k ▲ 101%
Debt
€370k ▼ 14.6%
Debt's share of the balance-sheet total falls from 75.9% to 57.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€292k▲
2024 · €97k
Cash flow
€194k▲
2024 · €59k
Current ratio
1.01▲
2024 · 0.71
Quick ratio
0.93▲
2024 · 0.64
Debt to equity
1.34▼
2024 · 3.16
ROE
50.3%▲
2024 · 7.7%
ROA
21.5%▲
2024 · 1.9%
Interest coverage
8.40▲
2024 · 3.07
Debt ≤ 1 year
€370k▼
2024 · €434k
Income taxes
€64k▲
2024 · €7k
Staff costs
€1.02M▲
2024 · €896k
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €631k | €863k | €896k | €1.02M | ▲ 14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43k | €60k | €46k | €48k | €55k | ▲ 13.4% |
| Other operating charges640/8 | - | €6k | €11k | €14k | €61k | ▲ 323% |
| Gross operating margin9900 | €335k | €580k | €1.03M | €1.01M | €1.38M | ▲ 36.6% |
| Operating profit (loss)9901 | €118k | €-117k | €109k | €49k | €237k | ▲ 385% |
| Financial income75/76B | - | €0 | €136 | €21 | €62 | ▲ 188% |
| Recurring financial income75 | €10 | €0 | €136 | €21 | €62 | ▲ 188% |
| Financial charges65/66B | - | €21k | €28k | €32k | €35k | ▲ 9.8% |
| Recurring financial charges65 | €7k | €21k | €28k | €32k | €35k | ▲ 9.8% |
| Profit (loss) for the period before taxes9903 | €111k | €-138k | €81k | €17k | €203k | ▲ 1,074% |
| Income taxes67/77 | €18k | €881 | €1k | €7k | €64k | ▲ 855% |
| Profit (loss) for the period9904 | €93k | €-139k | €80k | €11k | €139k | ▲ 1,212% |
| Profit (loss) for the period to be appropriated9905 | €93k | €-139k | €80k | €11k | €139k | ▲ 1,212% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €452k | €478k | €544k | €571k | €647k | ▲ 13.2% |
| Fixed assets21/28 | €228k | €229k | €214k | €262k | €273k | ▲ 4.3% |
| Tangible fixed assets22/27 | €217k | €212k | €198k | €225k | €236k | ▲ 5.0% |
| Land and buildings22 | - | €131k | €122k | €139k | €137k | ▼ 1.6% |
| Plant, machinery and equipment23 | - | €65k | €58k | €67k | €80k | ▲ 19.0% |
| Furniture and vehicles24 | - | €16k | €17k | €19k | €20k | ▲ 4.1% |
| Financial fixed assets28 | €12k | €17k | €17k | €36k | €36k | = |
| Current assets29/58 | €224k | €249k | €329k | €310k | €374k | ▲ 20.8% |
| Stocks and contracts in progress3 | €3k | €15k | €23k | €33k | €30k | ▼ 7.3% |
| Stocks30/36 | - | €15k | €23k | €33k | €30k | ▼ 7.3% |
| Amounts receivable within one year40/41 | €25k | €69k | €83k | €214k | €121k | ▼ 43.5% |
| Trade receivables40 | - | €27k | €38k | €95k | €27k | ▼ 71.5% |
| Other amounts receivable41 | - | €42k | €45k | €119k | €94k | ▼ 21.2% |
| Cash at bank and in hand54/58 | €188k | €164k | €146k | €56k | €134k | ▲ 140% |
| Deferred charges and accrued income490/1 | - | €1k | €78k | €7k | €89k | ▲ 1,109% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €452k | €478k | €544k | €571k | €647k | ▲ 13.2% |
| Equity10/15 | €186k | €47k | €127k | €137k | €276k | ▲ 101% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Capital10 | - | €20k | €20k | - | - | - |
| Issued capital100 | - | €20k | €20k | - | - | - |
| Reserves13 | €82k | €82k | €82k | €82k | €82k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | - | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | €2k | €2k | = |
| Distributable reserves133 | - | €80k | €80k | €80k | €80k | = |
| Profit (loss) carried forward14 | €84k | €-55k | €25k | €35k | €174k | ▲ 392% |
| Amounts payable17/49 | €267k | €431k | €417k | €434k | €370k | ▼ 14.6% |
| Amounts payable within one year42/48 | €267k | €431k | €415k | €434k | €370k | ▼ 14.6% |
| Current portion of amounts payable after more than one year42 | - | €162k | €114k | €90k | €78k | ▼ 13.8% |
| Trade debts44 | €41k | €77k | €128k | €127k | €166k | ▲ 30.2% |
| Suppliers440/4 | - | €77k | €128k | €127k | €166k | ▲ 30.2% |
| Taxes, remuneration and social security45 | - | €149k | €150k | €186k | €111k | ▼ 40.1% |
| Taxes450/3 | - | €61k | €42k | €51k | €33k | ▼ 34.6% |
| Remuneration and social security454/9 | - | €88k | €108k | €135k | €78k | ▼ 42.1% |
| Other amounts payable47/48 | - | €43k | €23k | €31k | €16k | ▼ 48.4% |
| Accrued charges and deferred income492/3 | - | - | €2k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93k | €-139k | €80k | €11k | €139k | ▲ 1,212% |
| + Depreciation and write-downs630 | €43k | €60k | €46k | €48k | €55k | ▲ 13.4% |
| Operating cash flow (approximation) | €135k | €-78k | €126k | €59k | €194k | ▲ 229% |
| Investment in fixed assets (approximation) | - | €-61k | €-32k | €-95k | €-66k | ▲ 31.0% |
| Change in cash | - | €-25k | €-18k | €-90k | €78k | ▲ 187% |
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
13-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Highest result since 2019net €139k ▲1,212%
Operating result €237k, net result €139k, both a record.
30-06
Financial
Equity above €200kEq €276k ▲101%
3 profitable years in a row build equity to €276k.
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Back to profitnet €80k
Net result €80k after one loss-making year.
30-06
Financial
Equity above €100kEq €127k ▲170%
Equity rises from €47k to €127k.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €-139k
Net result drops to €-139k, the lowest in the series; recovery starts the following year.
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €150kEq €186k ▲100%
3 profitable years in a row build equity to €186k.
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2019
27-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
06-12
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 9 acts read
About the unread acts
We know of 9 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
9 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, Sint-Joost-ten-Node · 4 establishment units since 2018
Ground area
1.1 ha
Building footprint
6,124 m²
Volume, LiDAR
161,208 m³
4 parcels, Brussels · tallest building 74.5 m, ±11 floors. Linked by address, not a title deed.
4 establishment units
LA PIOLA PIZZA
since 20182.270.503.348
LA PIOLA PIZZA
since 20192.294.313.284
LA PIOLA PIZZA
since 20212.316.265.473
LA PIOLA PIZZA
since 20232.351.773.215
4 parcels
Brussels
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B0872/00P000 | Brussels | 7,386 m² | 1 · 2,401 m² | 51.3 m · 11 fl. |
| 21572B0104/00F000 | Brussels | 3,465 m² | 1 · 3,289 m² | 74.5 m · 3 fl. |
| 21612C0110/00T000 | Brussels | 331 m² | 1 · 131 m² | 16.0 m · 2 fl. |
| 21572B0251/00R000 | Brussels | 303 m² | 1 · 303 m² | 20.6 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
4 sitesBrussel2.294.313.284
Sint-Joost-ten-Node2.270.503.348
Sint-Joost-ten-Node2.316.265.473
Ukkel2.351.773.215
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,773. 5,929 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
Founded07-07-2010
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
facture@lapiolapizza.com
Scores and ratios are computed by Checked and are not a credit decision.