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Sins

Active
Private limited companyfounded 20232 yrs activeDiestsestraat(KAG) 33, 3270 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 1001.103.148
Summary

The computed 12-month bankruptcy probability of Sins is 2.3% (moderate). The 2025 annual accounts show equity of €7,844 and a net result of -€1,462. Its solvency ranks better than 90% of 10552 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58
Track record82
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
81.9%
Return on assets
-15.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2425
2024 to 2025 · latest year -€1,462
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 29-06-2026, 32 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
32 d early
2024
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 37 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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.
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Sins was incorporated on 12 October 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€7,844▼ 15.7%
2024 · €9,306
Total assets
€9,582▼ 14.1%
2024 · €11,157
Net result
-€1,462▲ 60.4%
2024 · -€3,694
Working capital
€9,012▼ 10.3%
2024 · €10,051
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€3,644--€1,343▲ 63.1%
Net result-€3,694below the sector's middle half--€1,462below the sector's middle half▲ 60.4%
Equity€9,306below the sector's middle half-€7,844below the sector's middle half▼ 15.7%
Total assets€11,157below the sector's middle half-€9,582below the sector's middle half▼ 14.1%
Debt€1,850-€1,737▼ 6.1%
Working capital€10,051below the sector's middle half-€9,012within the sector's middle half▼ 10.3%
Solvency83.4%above the sector's middle half-81.9%above the sector's middle half▼ 1.5pp
Current ratio32.84above the sector's middle half-45.48above the sector's middle half▲ 12.64
Return on assets (ROA)-33.1%below the sector's middle half--15.3%below the sector's middle half▲ 17.9pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2024: -€3,644-€3,644Net result 2024: -€3,694-€3,694Operating result 2025: -€1,343-€1,343Net result 2025: -€1,462-€1,46220242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2024: -€3,644-€3,640Net result 2024: -€3,694-€3,690Operating result 2025: -€1,343-€1,340Net result 2025: -€1,462-€1,46020242025
The operating result stays negative: a loss of €1,343 in 2025 against €3,644 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9,582
Fixed assets €367 ▼ 53.5%
Current assets €9,215 ▼ 11.1%
Equity and liabilities €9,582
Equity €7,844 ▼ 15.7%
Debt €1,737 ▼ 6.1%
Debt's share of the balance-sheet total rises from 16.6% to 18.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€920▲
2024 · -€3,166
Cash flow
-€1,039▲
2024 · -€3,215
Quick ratio
16.31▲
2024 · 11.91
Debt to equity
0.22▲
2024 · 0.20
ROE
-18.6%▲
2024 · -39.7%
Interest coverage
-7.74▲
2024 · -63.62
Debt ≤ 1 year
€203▼
2024 · €316
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
88% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€11,157€9,582▼
Fixed assets21/28€790€367▼
Tangible fixed assets22/27€790€367▼
Plant, machinery and equipment23€790€367▼
Current assets29/58€10,367€9,215▼
Stocks and contracts in progress3€6,608€5,910▼
Stocks30/36€6,608€5,910▼
Cash at bank and in hand54/58€3,759€3,305▼
Equity and liabilities
Total equity and liabilities10/49€11,157€9,582▼
Equity10/15€9,306€7,844▼
Contributions10/11€13,000€13,000=
Profit (loss) carried forward14-€3,694-€5,156▼
Amounts payable17/49€1,850€1,737▼
Amounts payable within one year42/48€316€203▼
Trade debts44€206€91▼
Suppliers440/4€206€91▼
Taxes, remuneration and social security45€110€112▲
Taxes450/3€110€112▲
Accrued charges and deferred income492/3€1,535€1,535=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€478€423▼
Gross operating margin9900-€3,166-€920▲
Operating profit (loss)9901-€3,644-€1,343▲
Financial charges65/66B€50€119▲
Recurring financial charges65€50€119▲
Non-recurring financial charges66B€50-
Profit (loss) for the period before taxes9903-€3,694-€1,462▲
Profit (loss) for the period9904-€3,694-€1,462▲
Profit (loss) for the period to be appropriated9905-€3,694-€1,462▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,694-€5,156▼
Profit (loss) brought forward from the previous period14P--€3,694

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€478€423▼ 11.6%
Gross operating margin9900-€3,166-€920▲ 70.9%
Operating profit (loss)9901-€3,644-€1,343▲ 63.1%
Financial charges65/66B€50€119▲ 139%
Recurring financial charges65€50€119▲ 139%
Non-recurring financial charges66B€50--
Profit (loss) for the period before taxes9903-€3,694-€1,462▲ 60.4%
Profit (loss) for the period9904-€3,694-€1,462▲ 60.4%
Profit (loss) for the period to be appropriated9905-€3,694-€1,462▲ 60.4%
Line20242025Change
Assets
Total assets20/58€11,157€9,582▼ 14.1%
Fixed assets21/28€790€367▼ 53.5%
Tangible fixed assets22/27€790€367▼ 53.5%
Plant, machinery and equipment23€790€367▼ 53.5%
Current assets29/58€10,367€9,215▼ 11.1%
Stocks and contracts in progress3€6,608€5,910▼ 10.6%
Stocks30/36€6,608€5,910▼ 10.6%
Cash at bank and in hand54/58€3,759€3,305▼ 12.1%
Equity and liabilities
Total equity and liabilities10/49€11,157€9,582▼ 14.1%
Equity10/15€9,306€7,844▼ 15.7%
Contributions10/11€13,000€13,000=
Profit (loss) carried forward14-€3,694-€5,156▼ 39.6%
Amounts payable17/49€1,850€1,737▼ 6.1%
Amounts payable within one year42/48€316€203▼ 35.8%
Trade debts44€206€91▼ 55.9%
Suppliers440/4€206€91▼ 55.9%
Taxes, remuneration and social security45€110€112▲ 2.0%
Taxes450/3€110€112▲ 2.0%
Accrued charges and deferred income492/3€1,535€1,535=
Line20242025Change
Profit (loss) for the period9904-€3,694-€1,462▲ 60.4%
+ Depreciation and write-downs630€478€423▼ 11.6%
Operating cash flow (approximation)-€3,215-€1,039▲ 67.7%
Investment in fixed assets (approximation)-€0-
Change in cash--€455-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,479 m²
Building footprint
194 m²
Volume, LiDAR
1,744 m³
Parcel 24098A0578/00W000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sins
Diestsestraat(KAG) 33, 3270 Scherpenheuvel-ZichemRetail sale of watches and jewellery
since 20232.350.910.014
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24098A0578/00W000 Flanders 1,479 m² 1 · 194 m² 11.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 2,016 companies in this sector we hold annual accounts for 900. 323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded12-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
E-invoicing
Reachable via Peppol
Peppol ID 0208:1001103148
Also 9925:BE1001103148
Registered 27-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.