Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Cintra from Ramillies, company number BE0400934553, closed financial year 2025 with a result of € -767,008 after tax. For that financial year Cintra recorded revenue of € 7.5 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € -258,448 to € -767,008. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 4.5 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -767,008
▼ 197 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,828
▲ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.2 million.
People and assets in 2025
76.2
▲ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.6 million
▲ 18% vs 2024
€ 59,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5.5 million
▲ 50% vs 2024
Of which on lease € 4.3 million.
Debts at end 2025
€ 4.1 million
▲ 90% vs 2024
€ 647,886 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 220,088
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 715,198
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,231,859 | € 5,825,021 | € 6,490,414 | € 7,527,963 | ▲ 16% |
| Profit after taxes | € -94,772 | € -68,011 | € -258,448 | € -767,008 | ▼ € 508,561 |
| Equity | € 5,630,303 | € 5,562,292 | € 5,303,845 | € 4,536,836 | ▼ 14% |
| Total debts | € 1,828,400 | € 1,801,074 | € 3,033,657 | € 5,018,159 | ▲ 65% |
| Cash | € 108 | € 10,639 | € 7,101 | € 13,828 | ▲ 95% |
| Land & buildings | € 726,394 | € 695,292 | € 743,697 | € 725,140 | ▼ 2% |
| Retained profit | € 5,330,303 | € 5,262,292 | € 5,003,845 | € 4,236,836 | ▼ 15% |
| Bank debt | € 978,194 | € 772,013 | € 2,147,172 | € 4,072,529 | ▲ 90% |
| Balance sheet total | € 7,458,703 | € 7,363,367 | € 8,359,501 | € 9,554,996 | ▲ 14% |
| Employees (FTE) | 62.1 | 66.3 | 71.6 | 76.2 | ▲ 4.6 |
Key figures of Cintra, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cintra?
What happened at Cintra in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre Denis stepped down as director. NBB
- Philippe Docx stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 767,008. Source: NBB ↗
- SCS VEDEX MANAGEMENT stepped down as director. NBB
- Philippe Docx became a director. NBB
- New establishment in Hannut. KBO
- SCS VEDEX MANAGEMENT became a director. NBB
- Pierre Denis became a director. NBB
In short
From € 94,772 loss in 2022 to € 767,008 loss in 2025.
Paid € 2,031 in corporate taxes since 2022.
Pays suppliers within 27 days on average.
Management
The shares are held by EUROBUS HOLDING (100%).
Directors
According to the 2025 annual accounts
Philippe Docx
Director
Also active at: ETABLISSEMENTS GEORGES LIENARD ET COMPAGNIE, SATRACOM, Etablissements François Cardona & Deltenre, Société anomyme des autobus régionaux, Transports Penning, Les Voyages François Lenoir, EUROBUSSING WALLONIE, SOPHIBUS +1 more
since 2024 · until 2027
Pierre Denis
Director
Also active at: ETABLISSEMENTS GEORGES LIENARD ET COMPAGNIE, Garage du Perron, T.C.M. Cars, SATRACOM, Keolis Travel, Compagnie des Autobus liégeois, Van Rompaye, Etablissements François Cardona & Deltenre +15 more
since 2015 · until 2027
Director · represented by Philippe Detrixhe
Also active at: ETABLISSEMENTS GEORGES LIENARD ET COMPAGNIE, Garage du Perron, T.C.M. Cars, SATRACOM, Compagnie des Autobus liégeois, Société anomyme des autobus régionaux, TAXIS MELKIOR
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Place de la Gare 11
1367 Ramillies
Rue de France 3
4280 Hannut
Active since 1 November 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.934.553
- VAT number
- BE 0400.934.553
- Registered office
- Place de la Gare 11, 1367 Ramillies
- Names & denominations
- Cintra
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 August 1959
- Peppol
- Active · Active since 24 Oct 2024
- Activities · NACE
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