Sinnaeve Technical Consulting
ActiveSinnaeve Technical Consulting has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €209k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
99
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 9.01 against 6.65 in 2024; short-term debt: 10.5% and cash: 40.1% of total assets), and 10.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← 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
89.2%
Return on assets
18.4%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
6 d early
2022
27 d early
2021
5 d early
2020
40 d early
2019
45 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.01M▲ 15.3%
2024 · €877k
2018: €296k
2019: €371k
2020: €484k
2021: €585k
2022: €666k
2023: €722k
2024: €877k
2018 → 2025
Total assets
€1.13M▲ 10.6%
2024 · €1.02M
2018: €509k
2019: €554k
2020: €655k
2021: €748k
2022: €835k
2023: €865k
2024: €1.02M
2018 → 2025
Net result
€209k▲ 3.8%
2024 · €201k
2018: €47k
2019: €75k
2020: €114k
2021: €139k
2022: €111k
2023: €142k
2024: €201k
2018 → 2025
Working capital
€952k▲ 17.1%
2024 · €813k
2018: €204k
2019: €303k
2020: €419k
2021: €530k
2022: €578k
2023: €641k
2024: €813k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€585k-€666k▲ 13.9%€722k▲ 8.5%€877k▲ 21.4%€1.01M▲ 15.3%
Operating result€203k-€161k▼ 20.9%€204k▲ 26.5%€288k▲ 41.4%€296k▲ 2.7%
Net result€139k-€111k▼ 20.3%€142k▲ 28.4%€201k▲ 41.4%€209k▲ 3.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€62k▼ 7.6%
Current assets
€1.07M▲ 11.9%
Equity and liabilities €1.13M
Equity
€1.01M▲ 15.3%
Debt
€122k▼ 17.2%
The debt ratio falls from 14.4% to 10.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€331k▲
2024 · €317k
Cash flow
€244k▲
2024 · €231k
Solvency
89.2%▲
2024 · 85.6%
Current ratio
9.01▲
2024 · 6.65
Quick ratio
6.93▲
2024 · 4.86
Debt / equity
0.12▼
2024 · 0.17
ROE
20.7%▼
2024 · 23.0%
ROA
18.4%▼
2024 · 19.6%
Interest coverage
61.35▲
2024 · 54.22
Debt
€122k▼
2024 · €148k
Debt ≤ 1 year
€119k▼
2024 · €144k
Income taxes
€91k▲
2024 · €89k
Staff costs
€60k▲
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.02M€1.13M▲
Fixed assets21/28€67k€62k▼
Tangible fixed assets22/27€67k€62k▼
Land and buildings22€24k€12k▼
Plant, machinery and equipment23€24k€35k▲
Furniture and vehicles24€4k€718▼
Other tangible fixed assets26€16k€14k▼
Current assets29/58€957k€1.07M▲
Stocks and contracts in progress3€257k€247k▼
Stocks30/36€257k€247k▼
Amounts receivable within one year40/41€68k€44k▼
Trade receivables40€65k€31k▼
Other amounts receivable41€4k€13k▲
Current investments50/53€389k€326k▼
Cash at bank and in hand54/58€241k€454k▲
Deferred charges and accrued income490/1€2k€63▼
Equity and liabilities
Total equity and liabilities10/49€1.02M€1.13M▲
Equity10/15€877k€1.01M▲
Contributions10/11€6k€6k=
Reserves13€870k€1.00M▲
Tax-exempt reserves132€57k€57k=
Distributable reserves133€814k€948k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€148k€122k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€144k€119k▼
Current portion of amounts payable after more than one year42€13k€0▼
Trade debts44€27k€5k▼
Suppliers440/4€27k€5k▼
Taxes, remuneration and social security45€44k€54k▲
Taxes450/3€35k€44k▲
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48€60k€60k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€0€241▲
Remuneration, social security and pensions62€58k€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€36k▲
Other operating charges640/8€7k€5k▼
Gross operating margin9900€382k€396k▲
Operating profit (loss)9901€288k€296k▲
Financial income75/76B€8k€10k▲
Recurring financial income75€8k€10k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€290k€300k▲
Income taxes67/77€89k€91k▲
Profit (loss) for the period9904€201k€209k▲
Profit (loss) for the period to be appropriated9905€201k€209k▲
Appropriation of the result
Profit (loss) to be appropriated9906€201k€209k▲
Transfer from equity791/2€47k€75k▲
Transfer to equity691/2€201k€209k▲
To other reserves6921€201k€209k▲
Profit to be distributed694/7€47k€75k▲
Return on contributions (dividend)694€47k€75k▲
Social balance
Average headcount (FTE)90870.80.8=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €209k ▲3.8%
Operating result €296k, net result €209k, both a record.
31-12
Financial
Equity above €1MEq €1.01M ▲15.3%
8 profitable years in a row build equity to €1.01M.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €585k ▲20.7%
4 profitable years in a row build equity to €585k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Roeselare · 2 establishment units since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schierveldestraat 648800 RoeselareGround area
1.4 ha
Building footprint
3,419 m²
Volume, LiDAR
25,744 m³
2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Schierveldestraat 64, 8800 Roeselare
since 20002.099.776.321
Steco
since 20102.250.471.660
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505C0234/00P000 | Flanders | 1.3 ha | 1 · 3,344 m² | 9.6 m · 3 fl. |
| 36504D0803/00P005 | Flanders | 685 m² | 1 · 75 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 4 entries · 4,496 EUR awarded · 4,561 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 2,130 EUR | 2,195 EUR |
| 2022 | 2 | 2,366 EUR | 2,366 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,670 companies in sector 85599 we hold annual accounts for 1,329. 520 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-2000
Fiscal year end31-12
Abbreviation NL
Steco
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
85599Other education
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.