Sinnfoort
ActiveSinnfoort has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.03M and a net result of €68k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 94% of 237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
91
/ 100
Excellent▲ +39 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+17
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 9.91 against 11.91 in 2024), and 9.4% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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
90.6%
Return on assets
3%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-02-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 d early
2024
58 d early
2023
82 d early
2022
65 d early
2021
42 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.03M▼ 6.1%
2024 · €2.16M
2018: €976k
2019: €529k
2020: €408k
2021: €615k
2022: €485k
2023: €2.41M
2024: €2.16M
2018 → 2025
Total assets
€2.24M▼ 3.6%
2024 · €2.32M
2018: €2.54M
2019: €2.49M
2020: €2.38M
2021: €1.84M
2022: €1.45M
2023: €2.66M
2024: €2.32M
2018 → 2025
Net result
€68k
2024 · €-106k
2018: €-100k
2019: €-447k
2020: €-121k
2021: €207k
2022: €-129k
2023: €2.08M
2024: €-106k
2018 → 2025
Working capital
€1.86M▲ 5.6%
2024 · €1.77M
2018: €500k
2019: €-67k
2020: €32k
2021: €477k
2022: €359k
2023: €2.39M
2024: €1.77M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€615k-€485k▼ 21.0%€2.41M▲ 397%€2.16M▼ 10.6%€2.03M▼ 6.1%
Operating result€227k-€-130k€2.50M€-144k€3k
Net result€207k-€-129k€2.08M€-106k€68k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €144k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.24M
Fixed assets
€162k▼ 58.8%
Current assets
€2.07M▲ 7.6%
Equity and liabilities €2.24M
Equity
€2.03M▼ 6.1%
Debt
€209k▲ 29.3%
The debt ratio rises from 7.0% to 9.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€14k▲
2024 · €-133k
Cash flow
€79k▲
2024 · €-95k
Solvency
90.6%▼
2024 · 93.0%
Current ratio
9.91▼
2024 · 11.91
Quick ratio
9.91▼
2024 · 11.80
Debt / equity
0.10▲
2024 · 0.07
ROE
3.4%▲
2024 · -4.9%
ROA
3.0%▲
2024 · -4.6%
Interest coverage
4.23▲
2024 · -42.00
Debt
€209k▲
2024 · €162k
Debt ≤ 1 year
€209k▲
2024 · €162k
Income taxes
€22▲
2024 · €-611
Staff costs
€0▼
2024 · €437
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€2.32M€2.24M▼
Fixed assets21/28€392k€162k▼
Intangible fixed assets21€2k€523▼
Tangible fixed assets22/27€290k€61k▼
Land and buildings22€8k€1k▼
Plant, machinery and equipment23€281k€60k▼
Furniture and vehicles24€512€0▼
Financial fixed assets28€100k€100k=
Current assets29/58€1.93M€2.07M▲
Stocks and contracts in progress3€18k€1k▼
Stocks30/36€18k€1k▼
Amounts receivable within one year40/41€1.60M€1.40M▼
Trade receivables40€60k€0▼
Other amounts receivable41€1.54M€1.40M▼
Current investments50/53€246k€264k▲
Cash at bank and in hand54/58€64k€405k▲
Deferred charges and accrued income490/1€0€241▲
Equity and liabilities
Total equity and liabilities10/49€2.32M€2.24M▼
Equity10/15€2.16M€2.03M▼
Contributions10/11€144k€144k=
Capital10€144k€144k=
Issued capital100€144k€144k=
Reserves13€264k€264k=
Non-distributable reserves130/1€14k€14k=
Legal reserve130€14k€14k=
Distributable reserves133€250k€250k=
Profit (loss) carried forward14€1.75M€1.62M▼
Amounts payable17/49€162k€209k▲
Amounts payable within one year42/48€162k€209k▲
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€0€5k▲
Taxes450/3€0€5k▲
Other amounts payable47/48€150k€201k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€437€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3k€9k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-129k€23k▲
Operating profit (loss)9901€-144k€3k▲
Financial income75/76B€40k€68k▲
Recurring financial income75€40k€68k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-107k€68k▲
Income taxes67/77€-611€22▲
Profit (loss) for the period9904€-106k€68k▲
Profit (loss) for the period to be appropriated9905€-106k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.90M€1.82M▼
Profit (loss) brought forward from the previous period14P€2.01M€1.75M▼
Profit to be distributed694/7€150k€200k▲
Return on contributions (dividend)694€150k€200k▲
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (10 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
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €68k
Net result €68k after one loss-making year.
03-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €2.08M
Net result €2.08M after one loss-making year.
30-09
Financial
Liquidity times 7current ratio 10.60
Current ratio from 1.56 to 10.60; short-term debt falls from €639k to €249k.
30-09
Financial
Equity above €2MEq €2.41M ▲397%
Equity rises from €485k to €2.41M.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-11
Financial
Back to profitnet €207k
Net result €207k after 3 loss-making years.
30-11
Financial
Equity above €500kEq €615k ▲50.8%
Equity rises from €408k to €615k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial
Weakest financial yearnet €-447k
Net result drops to €-447k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2022
D & V NEWCO
CurrentDirector · since 07-09-2022 · Legal entity · perm. rep.: DEFOORT Kris
THEVELEIN Karien
CurrentDirector · since 07-09-2022
07-09-2022
D & V NEWCO: Resigned as Director
07-09-2022
D & V NEWCO: Appointed as Director
07-09-2022
THEVELEIN Karien: Resigned as Director
07-09-2022
THEVELEIN Karien: Appointed as Director
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 1965
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.
Sterrebosdreef 608800 RoeselareGround area
1,394 m²
Building footprint
139 m²
Volume, LiDAR
705 m³
Parcel 36302B1347/00Z000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sterrebosdreef 60, 8800 Roeselare
since 19652.039.658.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B1347/00Z000 | Flanders | 1,394 m² | 1 · 139 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ALCOMEL
BE 0419.456.110
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PLANOFURN
BE 0417.482.159
Waregem · Eq €1.90M
JFC
BE 0465.917.031
Fernelmont · Eq €1.88M
DRISAG
BE 0407.866.588
Herentals · Eq €1.81M
Delbart
BE 0401.757.568
La Louvière · Eq €2.35M
Of 443 companies in sector 31001 we hold annual accounts for 207. 86 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end30-09
Activities, NACEBEL
31001Manufacture of furniture
36111
46494Wholesale of non-electrical household articles
47551Retail sale of household furniture
47591Retail trade
51471
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.