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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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SINCO from Olen, company number BE0887204857, closed financial year 2025 with a result of € 9,441 after tax. For that financial year SINCO recorded a gross margin of € 24,442 and equity of € 478,607. Compared with financial year 2024, the result moved from € -39,480 to € 9,441. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 9, 2026.
€ 478,607
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,441
▲ still € 39,480 loss in 2024
Profit after tax over the fiscal year.
€ 1,432
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 111,314.
Debts at end 2025
€ 158,244
▼ 9% vs 2024
€ 15,047 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 19,630
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,861
▲ € 23,906 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,703 | € -5,354 | € -34,908 | € 24,442 | ▲ € 59,351 |
| Profit after taxes | € 6,810 | € -5,934 | € -39,480 | € 9,441 | ▲ € 48,921 |
| Equity | € 375,989 | € 370,054 | € 418,631 | € 478,607 | ▲ 14% |
| Total debts | € 144,720 | € 163,694 | € 488,906 | € 396,395 | ▼ 19% |
| Cash | € 61 | - | € 1,902 | € 1,432 | ▼ 25% |
| Land & buildings | € 299,900 | € 299,900 | € 299,900 | € 448,401 | ▲ 50% |
| Retained profit | € 75,989 | € 70,054 | € 51,338 | € 111,314 | ▲ 117% |
| Bank debt | € 0 | € 35 | € 173,831 | € 158,244 | ▼ 9% |
| Balance sheet total | € 520,709 | € 533,748 | € 907,537 | € 891,847 | ▼ 2% |
Key figures of SINCO, 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 SINCO?
What happened at SINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,441. filed late Source: NBB ↗
- CAROIL NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Vorselaar. KBO
In short
From € 6,810 profit in 2022 to € 9,441 profit in 2025.
Paid € 2,472 in corporate taxes since 2022.
Best year ever: 2025, with € 9,441 profit.
Management
Directors
According to the 2025 annual accounts
Managing director · represented by Chris Alfons Carens
since 2025
Establishments
Establishment units
Physical locations of this company
Schaatsbergen 27
2250 Olen
Kuiperstraat 22
2290 Vorselaar
Active since 21 December 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0887.204.857
- VAT number
- BE 0887.204.857
- Registered office
- Schaatsbergen 27, 2250 Olen
- Names & denominations
- SINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2007
- Peppol
- Active · Active since 8 May 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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