Financials
- Fiscal year
- 2025
- Total assets
- €207,734
- Profit
- €10,132
- Solvency
- 59.3%
Total assets▲ 24.2%
Net result
20182025
SINNAEVE D.
ActiveSummary
SINNAEVE D. has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,226 and a net result of €10,132. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 64% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Demolition
NACE 43110NACE 45111
1 site
Size
€207,734total assets 2025
- Equity
- €123,226
- Profit
- €10,132
Turnover not published (abridged schema)
Structure
- Holdings
- 1
Accounts 43 d early0 of 1 deed read
Why 68- 1 of the last 3 late- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 2.26, cash €3,816+ Founded in 2007Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 41% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
84-9
equity 59.3% of total assets
Liquidity
33-4
short-term debt 40.7% · cash 1.8%
Profitability
50-9
return on assets 4.9%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 8 months
03-2026: 0.9%
04-2026: 1.0%▲ +2.5% vs 03-2026highest value
05-2026: 1.0%▼ -1.9% vs 04-2026
06-2026: 0.9%▼ -0.8% vs 05-2026
07-2026: 0.7%▼ -23.3% vs 06-2026lowest value
08-2026: 0.7%● 0.0% vs 07-2026lowest value
09-2026: 0.7%● 0.0% vs 08-2026lowest value
10-2026: 0.7%● 0.0% vs 09-2026lowest value
- 1 of the last 3 late raises the probability
- Founded in 2007 lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Liquidity: current ratio 2.26, cash €3,816 raises the probability
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.26 against 2.78 in 2024; short-term debt: 40.7% and cash: 1.8% of total assets), and 40.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 65%, liquidity 21%, profitability 24%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €123,226
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
6 d early
2023
117 d late
2022
226 d late
2021
31 d late
2020
5 d early
2019
38 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 51 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 87 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €14,124
Key points
By topic
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 18-06-2026Annual accounts filed
- 25-07-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- DemolitionNACE 43110
- Founded
- 21-02-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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