Equity
€332,156 ▼ 31.2%
SINICO paid out €200,000 in dividends. That is 405% of the 2025 profit.
SINICO
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €137,025 (2010)
€66,612▲ 64.5%
peak €267,010 (2016)
€49,369▲ 39.5%
peak €551,334 (2019)
€332,156▼ 31.2%
€207,008▲ 7.7%
Board1 name since 2021
1 directorCORTHOUTS Philip
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €40,502 to €66,612Result from €35,392 to €49,369Dividend €200,000Equity from €482,787 to €332,156Cash from €215,245 to €69,829
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 33% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
No registered site in the KBO
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: total assets €539,165
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 58% of them on solvency, 24% on liquidity, 35% on profitability and 15% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as SINICO has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of SINICO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for SINICO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.5 (3.34 in 2024), above the usual 1.5. Short-term debt is 38.2% and cash 13% of total assets. 38.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
on the day
2023
on the day
2022
31 days late
2021
82 days late
2020
61 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472701388
Change of role: CORTHOUTS Philip, from manager to director
Gazette deed
Incorporation
published on 20-09-2000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SINICO Beringen | €539,165 | €66,612 | 61.6% | - |
| Eye II Eye Riemst | €601,117 | €63,273 | 96.3% | - |
| VRB CONSULT Dilsen-Stokkem | €553,913 | €70,794 | 38.2% | - |
| OPTI-COUNT VAN CRAEN Lint | €553,738 | €64,414 | 96.7% | - |
| I.V.A.C. ADVIESBUREAU Kalmthout | €494,892 | €69,109 | 11.5% | - |
| FIBAM INVEST Jabbeke | €492,686 | €71,139 | 59.0% | - |
| FIBO CONSULTING BVBA Diksmuide | €523,245 | €59,301 | 77.2% | - |
These companies have the same main activity as SINICO: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €493,000 and €601,000, founded between 1999 and 2003.
Official details
Source: KBO- Status
- Active since 08-09-2000Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Insights on SINICO
SINICO files the micro format. That format states no turnover. The gross margin rose from €43,278 in 2006 to €66,612 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SINICO
- What is the company number of SINICO?
- The company number of SINICO is 0472.701.388. The VAT number is the same number with BE in front: BE 0472.701.388.
- Where is SINICO based?
- The registered office is at Hoevestraat 39, 3580 Beringen.Company details
- What does SINICO do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of SINICO?
- SINICO is a private limited company (BV).
- When was SINICO founded?
- SINICO was founded on 08-09-2000.
- Is SINICO still active?
- Yes, SINICO is an active enterprise in the KBO register.
- What is the turnover of SINICO?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €66,612 and 56 comparable companies (NACE 69201). It probably lies between €110,000 and €190,000.Financials
- Is SINICO profitable?
- In financial year 2025, SINICO made a profit of €49,369.
- Where can I find the annual accounts of SINICO?
- SINICO filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SINICO due?
- SINICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.