ADMIN SADI
ActiveSummary
ADMIN SADI has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €360,511 and a net result of €1,454. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 88% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-04-1996 Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 1 other
- Establishment unit
- 2.076.452.175 8000 Brugge, since 08-05-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 02-10-2025
Board and ownership
- De Fruyt Sabineall the sharesact of 25-01-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €6,716
- ▼ 74.0%
- Turnover
- ≈ €23,000
- estimated
- Profit
- €1,454
- ▼ 92.3%
- Equity
- €360,511
- ▲ 0.4%
- Total assets
- €429,360
- ▼ 0.7%
Score breakdownlowers riskEquity €360,511 (84.0% of total assets)Figures for financial year 2025 (filed on 20-07-2026)Size: total assets €429,360Founded in 1996Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 69% on liquidity, 20% on profitability and 47% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 20-07-2026 at the NBB all 30 filings
Every figure per financial year
The operating result for 2025 is a loss of €786, after a profit of €17,412 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €123,947 | €123,947 | €123,947 | €123,947 | €123,947 |
| Carrying value of the mortgaged assets | €72,007 | €74,630 | €74,228 | €73,826 | €79,771 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,910 | - | - | €6,504 |
| Depreciation and write-downs of the year | €1,206 | €286 | €402 | €402 | €559 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,924 | €6,796 | €2,699 | €1,206 | €286 | €402 | €402 | €559 | ▲ 38.8% |
| Other operating charges640/8 | - | - | - | €5,950 | €6,468 | €7,955 | €8,029 | €6,944 | ▼ 13.5% |
| Gross operating margin9900 | €44,883 | €82,122 | €86,131 | €80,437 | €84,360 | €82,157 | €25,844 | €6,716 | ▼ 74.0% |
| Operating profit (loss)9901 | €32,409 | €69,802 | €77,437 | €73,281 | €77,606 | €73,800 | €17,412 | -€786 | - |
| Financial income75/76B | - | - | - | €93 | €7 | €10,477 | €10,354 | €3,690 | ▼ 64.4% |
| Recurring financial income75 | €430 | €319 | €208 | €93 | €7 | €10,477 | €10,354 | €3,690 | ▼ 64.4% |
| Financial charges65/66B | - | - | - | €3,026 | €1,830 | €1,750 | €1,767 | €1,304 | ▼ 26.2% |
| Recurring financial charges65 | €3,922 | €4,035 | €4,004 | €3,026 | €1,830 | €1,750 | €1,767 | €1,304 | ▼ 26.2% |
| Profit (loss) for the period before taxes9903 | €28,916 | €66,086 | €73,642 | €70,348 | €75,783 | €82,528 | €25,999 | €1,599 | ▼ 93.8% |
| Income taxes67/77 | €7,867 | €17,144 | €20,012 | €19,492 | €20,536 | €22,591 | €7,091 | €145 | ▼ 97.9% |
| Profit (loss) for the period9904 | €21,049 | €48,942 | €53,630 | €50,856 | €55,247 | €59,936 | €18,909 | €1,454 | ▼ 92.3% |
| Profit (loss) for the period to be appropriated9905 | €21,049 | €48,942 | €53,630 | €50,856 | €55,247 | €59,936 | €18,909 | €1,454 | ▼ 92.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €268,923 | €324,957 | €365,245 | €329,105 | €362,956 | €426,984 | €432,217 | €429,360 | ▼ 0.7% |
| Fixed assets21/28 | €82,707 | €75,912 | €73,212 | €72,007 | €74,630 | €74,228 | €73,826 | €79,771 | ▲ 8.1% |
| Tangible fixed assets22/27 | €82,707 | €75,912 | €73,212 | €72,007 | €74,630 | €74,228 | €73,826 | €79,771 | ▲ 8.1% |
| Land and buildings22 | - | - | - | €72,007 | €74,630 | €74,228 | €73,826 | €79,771 | ▲ 8.1% |
| Current assets29/58 | €186,216 | €249,046 | €292,032 | €257,098 | €288,325 | €352,756 | €358,391 | €349,589 | ▼ 2.5% |
| Amounts receivable within one year40/41 | €176,639 | €236,740 | €200,957 | €160,060 | €194,464 | €200,028 | €14,690 | €8,461 | ▼ 42.4% |
| Trade receivables40 | - | - | - | €8,721 | €17,879 | €9,309 | €4,167 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €151,338 | €176,585 | €190,719 | €10,524 | €8,461 | ▼ 19.6% |
| Current investments50/53 | - | - | - | - | - | - | - | €299,999 | - |
| Cash at bank and in hand54/58 | €9,577 | €12,306 | €91,075 | €97,039 | €93,862 | €152,578 | €342,643 | €41,061 | ▼ 88.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €150 | €1,058 | €68 | ▼ 93.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €268,923 | €324,957 | €365,245 | €329,105 | €362,956 | €426,984 | €432,217 | €429,360 | ▼ 0.7% |
| Equity10/15 | €138,537 | €183,479 | €237,109 | €253,965 | €309,212 | €369,149 | €359,057 | €360,511 | ▲ 0.4% |
| Contributions10/11 | €25,000 | €25,000 | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €113,537 | €158,479 | €212,109 | €228,965 | €284,212 | €344,149 | €334,057 | €335,511 | ▲ 0.4% |
| Non-distributable reserves130/1 | - | - | - | €2,500 | €2,500 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,500 | €2,500 | - | - | - | - |
| Distributable reserves133 | - | - | - | €226,465 | €281,712 | €344,149 | €334,057 | €335,511 | ▲ 0.4% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | - | €0 | - |
| Amounts payable17/49 | €130,387 | €141,478 | €128,135 | €75,140 | €53,743 | €57,836 | €73,160 | €68,849 | ▼ 5.9% |
| Amounts payable after more than one year17 | €26,444 | €15,226 | €3,959 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €103,930 | €126,239 | €124,163 | €72,272 | €53,719 | €57,812 | €73,136 | €68,836 | ▼ 5.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,959 | - | - | - | - | - |
| Trade debts44 | €6,135 | €8,506 | €6,433 | €6,193 | €3,271 | €1,483 | €1,394 | €1,507 | ▲ 8.2% |
| Suppliers440/4 | - | - | - | €6,193 | €3,271 | €1,483 | €1,394 | €1,507 | ▲ 8.2% |
| Taxes, remuneration and social security45 | - | - | - | €16,624 | €12,884 | €16,897 | €9,536 | €9,609 | ▲ 0.8% |
| Taxes450/3 | - | - | - | €16,624 | €12,884 | €16,897 | €9,536 | €9,609 | ▲ 0.8% |
| Other amounts payable47/48 | - | - | - | €45,496 | €37,565 | €39,431 | €62,206 | €57,720 | ▼ 7.2% |
| Accrued charges and deferred income492/3 | - | - | - | €2,868 | €24 | €24 | €24 | €13 | ▼ 47.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,049 | €48,942 | €53,630 | €50,856 | €55,247 | €59,936 | €18,909 | €1,454 | ▼ 92.3% |
| + Depreciation and write-downs630 | €6,924 | €6,796 | €2,699 | €1,206 | €286 | €402 | €402 | €559 | ▲ 38.8% |
| Operating cash flow (approximation) | €27,974 | €55,738 | €56,329 | €52,062 | €55,534 | €60,339 | €19,311 | €2,013 | ▼ 89.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,910 | €0 | €0 | -€6,504 | - |
| Change in cash | - | €2,729 | €78,769 | €5,964 | -€3,177 | €58,717 | €190,065 | -€301,582 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as ADMIN SADI has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ADMIN SADI itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for ADMIN SADI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00311961 | |
| 31-12-2024 | micro format | 11-08-2025 | 2025-00376592 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00400576 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00402923 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20374565 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-56900599 | |
| 31-12-2019 | micro format | 05-10-2020 | 2020-58700151 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-56800419 | |
| 31-12-2017 | abbreviated format | 06-08-2018 | 2018-43700354 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-34400462 |
Board & ownership
Directors
Owners and capital
Shareholders
- De Fruyt Sabine all shares
Capital transactions
- 25-01-2024 Converted to unavailable equity · €27,500
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| De Fruyt Sabine Bonaventura Prosper |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Articles of association, deed of 25-01-2024 (in Dutch)
Network & group
Companies at the same address
2 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
25-01
Gazette deed
Change of role: De Fruyt Sabine, from statutory manager to directorDirector discharge: De Fruyt Sabine (ontslagnemende zaakvoerder) · De Fruyt Sabine holds all the shares6 points ▸
- Director resignation, De Fruyt Sabine (statutory manager)
- Director appointment, De Fruyt Sabine (director (not named in the articles))
- Director discharge, De Fruyt Sabine (ontslagnemende zaakvoerder)
- 1,000 shares
- De Fruyt Sabine holds all the shares
- Registered office clause, Tijl Uilenspiegelstraat 18, 8000 Brugge
- The act holds 8 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
15 activities
- Het geven van adviezen op het gebied van algemeen commercieel beheer, marketing, commerciële promotie, logistieke systeemverwerkingen en -automatisaties; het uitwerken, integreren, uitvoeren en begeleiden van organisatieprojecten in ondernemingen;
- Het verstrekken van dienstverleningen en administratieve diensten, het verwerken en aanleggen van databestanden, alsmede de commercialisering ervan, alles in de ruimste zin;
- Het besturen van vennootschappen welk voorwerp deze vennootschappen ook mochten hebben, het deelnemen in en het directievoeren over ondernemingen en vennootschappen, alsook het uitoefenen van de functie van bestuurder of analoge functies zoals vereffenaar in vennootschappen en andere rechtspersonen
- Het verhuren, met of zonder bediening, de aan-, verkoop en onderhoud van uitrustingsgoederen in het algemeen, onder meer machines, installaties, werktuigen, gereedschappen en gebruikssystemen voor distributieinrichtingen;
- Het opslaan, het bewaren en de expeditie van goederen zowel voor eigen rekening als voor rekening van derden.
- Het verlenen van dienstprestaties van economische en / of juridische aard, zowel in eigen beheer als in deelname met derden, daartoe behoren techno-consult, concessies, assistentie op gebied van management, engineering, consulting, merchandising en franchising, technisch, commercieel en administratief beheer en advies;
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven of nemen van octrooien, patenten, know-how en aanverwante immateriële duurzame activa;
- Voor haar eigen rekening als voor rekening van derden, in België en in het buitenland, alleen of in samenwerking met derden om het even welke industriële, commerciële, financiële, burgerlijke, roerende of onroerende verrichtingen die rechtstreeks of onrechtstreeks in verband staan met het optreden als commissionair en/of makelaar in roerende goederen in algemene zin;
- De ontwikkeling in eigen naam en voor eigen rekening, zowel als de bestendiging, de uitbouw en de overname van een globale activiteit inzake de handel in verhandelbare goederen en rechten, zowel op nationaal, Europees als internationaal niveau, door middel van creatie en productie, aankoop, verkoop, import, export, bewaarneming, stokage, huur, verhuur van alle mogelijke handelsgoederen, alsmede de uitoefening desbetreffend van een activiteit te kenmerken als makelarij, agentuur, vertegenwoordiging, lastgeving, algemene dienstverlening, (onder-)aanneming, distributie, zowel in de sector van de klein- als van de groothandel, ongeacht de benaderingswijze van het potentiële koperspubliek.
- Het patrimonium van de vennootschap te beheren in de ruimste zin van het woord, en oordeelkundig uit te breiden, alle beschikbare middelen te beleggen of weder te beleggen, zowel in roerende als in onroerende goederen.
- Overgaan tot het aankopen, onderschrijven, beheren, verkopen, omruilen voor eigen rekening van aandelen, deelbewijzen en/of effecten allerlei van vennootschappen en/of verenigingen eender welke, alsmede van andere roerende en/of onroerende waarden, tegoeden en/of vorderingen;
- Overgaan tot het aankopen, verkopen, opschikken, uitrusten, valoriseren, bouwen, verhuren, onderverhuren, in huur nemen of leasen van onroerende goederen, al dan niet gemeubeld;
- Het bevorderen van de oprichting van vennootschappen of het participeren in bestaande of nog op te richten vennootschappen; de vennootschap kan door middel van inschrijving, inbreng, fusie, opslorping, financiële tussenkomst of afspraak deelnemen in andere Belgische of buitenlandse vennootschappen, instellingen of ondernemingen, zonder onderscheid, ongeacht of het voorwerp gelijk, verwant, verknocht of analoog is aan het hare of waarvan de deelname of samenwerking kan bijdragen tot de verwezenlijking van haar voorwerp;
- Zij kan alle brevetten, licenties en vergunningen solliciteren of deze aankopen, overdragen en uitbaten en alle genotsrechten terzake toestaan.
- Het toestaan van leningen en kredietopnemingen aan vennootschappen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook mits vergoeding borgstellen of haar aval verlenen, in de meest ruime zin, alle handels en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito's op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31807H0503/00A006 | Flanders | 1,270 m² | 1 · 608 m² | 12.3 m · 1 |