SRINOX
ActiveSRINOX has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.42M and a net result of €-12k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 80% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-41
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 5.08 against 17.99 in 2024), and 23.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
76.1%
Return on assets
-0.4%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
17 d early
2023
20 d late
2022
54 d early
2021
55 d early
2020
47 d early
2019
57 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.42M▼ 0.5%
2024 · €2.43M
2019: €1.24M
2020: €1.34M
2021: €1.42M
2022: €1.91M
2024: €2.43M
2019 → 2025
Total assets
€3.18M▲ 14.2%
2024 · €2.78M
2019: €3.46M
2020: €3.19M
2021: €2.90M
2022: €3.00M
2024: €2.78M
2019 → 2025
Net result
€-12k
2024 · €198k
2019: €85k
2020: €101k
2021: €80k
2022: €503k
2024: €198k
2019 → 2025
Working capital
€1.60M▼ 9.4%
2024 · €1.77M
2019: €503k
2020: €1.06M
2021: €1.09M
2022: €1.48M
2024: €1.77M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€1.34M-€1.42M▲ 6.0%€1.91M▲ 34.3%€2.43M▲ 27.0%€2.42M▼ 0.5%
Operating result€228k-€168k▼ 26.3%€769k▲ 357%€336k▼ 56.3%€120k▼ 64.2%
Net result€101k-€80k▼ 20.6%€503k▲ 526%€198k▼ 60.6%€-12k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 64% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.18M
Fixed assets
€1.19M▲ 29.9%
Current assets
€1.99M▲ 6.5%
Equity and liabilities €3.18M
Equity
€2.42M▼ 0.5%
Debt
€761k▲ 115%
The debt ratio rises from 12.7% to 23.9%: debt grows while equity shrinks.
Key figures and ratios
Solvency
76.1%▼
2024 · 87.3%
Current ratio
5.08▼
2024 · 17.99
Quick ratio
1.31▼
2024 · 2.95
Debt / equity
0.31▲
2024 · 0.15
ROE
-0.5%▼
2024 · 8.2%
ROA
-0.4%▼
2024 · 7.1%
Debt
€761k▲
2024 · €354k
Debt ≤ 1 year
€392k▲
2024 · €104k
Debt > 1 year
€369k▲
2024 · €250k
Income taxes
€12k▼
2024 · €54k
Staff costs
€102k▲
2024 · €77k
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€2.78M€3.18M▲
Fixed assets21/28€913k€1.19M▲
Intangible fixed assets21-€157k
Tangible fixed assets22/27-€1.03M
Land and buildings22-€1.03M
Financial fixed assets28€913k€1k▼
Current assets29/58€1.87M€1.99M▲
Stocks and contracts in progress3€1.56M€1.48M▼
Stocks30/36€1.56M€1.48M▼
Amounts receivable within one year40/41€211k€371k▲
Trade receivables40€199k€308k▲
Other amounts receivable41€12k€63k▲
Cash at bank and in hand54/58€95k€142k▲
Equity and liabilities
Total equity and liabilities10/49€2.78M€3.18M▲
Equity10/15€2.43M€2.42M▼
Contributions10/11€890k€890k=
Reserves13€1.54M€1.54M=
Non-distributable reserves130/1€89k-
Reserves not available under the articles1311€89k-
Distributable reserves133€1.45M€1.54M▲
Profit (loss) carried forward14-€-12k
Amounts payable17/49€354k€761k▲
Amounts payable after more than one year17€250k€369k▲
Financial debts170/4€250k€369k▲
Amounts payable within one year42/48€104k€392k▲
Current portion of amounts payable after more than one year42€54k€54k▲
Trade debts44-€16k
Suppliers440/4-€16k
Taxes, remuneration and social security45€8k€61k▲
Taxes450/3-€49k
Remuneration and social security454/9€8k€12k▲
Other amounts payable47/48€42k€261k▲
Income statement
Code20242025
Remuneration, social security and pensions62€77k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-462k€-43k▲
Other operating charges640/8€790€13k▲
Gross operating margin9900€-41k€193k▲
Operating profit (loss)9901€336k€120k▼
Financial income75/76B€35€32▼
Recurring financial income75€35€32▼
Financial charges65/66B€84k€121k▲
Recurring financial charges65€84k€121k▲
Profit (loss) for the period before taxes9903€252k€-462▼
Income taxes67/77€54k€12k▼
Profit (loss) for the period9904€198k€-12k▼
Profit (loss) for the period to be appropriated9905€198k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€198k€-12k▼
Transfer to equity691/2€198k-
To other reserves6921€198k-
Social balance
Average headcount (FTE)90871.22.0▲
The notes to these accounts (20 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
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-12k ▼106%
Net result drops to €-12k, the lowest in the series.
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Liquidity times 5current ratio 17.99
Current ratio from 3.42 to 17.99; short-term debt falls from €610k to €104k.
30-06
Financial
Equity above €2MEq €2.43M ▲27%
5 profitable years in a row build equity to €2.43M.
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €503k ▲526%
Operating result €769k, net result €503k, both a record.
2021
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
05-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-12
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
6 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, Waregem · 1 establishment unit since 2014
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.
Gentseweg 1508792 WaregemGround area
4,122 m²
Building footprint
2,853 m²
Volume, LiDAR
17,866 m³
Parcel 34010B0177/00G002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SRINOX
since 20142.232.197.157
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010B0177/00G002 | Flanders | 4,122 m² | 1 · 2,853 m² | 9.6 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300M1QAXURCWPY050
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Of 469 companies in sector 46842 we hold annual accounts for 344. 216 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2014
Fiscal year end30-06
Activities, NACEBEL
46842Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.