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CHANNEL SAILING

Active
Private limited companyfounded 199332 yrs active't Walletje 36, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0451.333.773
Summary

CHANNEL SAILING has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,111 and a net result of €68,914. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 19% of 996 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
CHANNEL SAILINGActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Renting and leasing of sports and recreation goods
NACE 77210NACE 71406
1 site
Size
€1.2mtotal assets 2025
Equity
€80,111
Profit
€68,914
Turnover not published (abridged schema)
Financial health
87 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
AMATHA · 100%
Accounts filed 27 d late0 of 2 deeds read
Why 87- Equity €80,111 (6.8% of total assets)- Figures for FY 2025 (filed 29-11-2025)+ Size: total assets €1.2m+ Founded in 1993Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Better than 65% of its sector peers (NACE 77, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 32-14
equity 6.8% of total assets
Liquidity 58+15
short-term debt 7.9% · cash 6.7%
Profitability 76+5
return on assets 5.8%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (3,143 companies)
Last 15 months 08-2025: 1.0% 09-2025: 1.0%▼ -2.6% vs 08-2025 10-2025: 1.2%▲ +24.3% vs 09-2025 11-2025: 1.8%▲ +53.3% vs 10-2025highest value 12-2025: 0.4%▼ -76.7% vs 11-2025 01-2026: 0.4%● 0.0% vs 12-2025 02-2026: 0.4%▲ +0.2% vs 01-2026 03-2026: 0.4%● 0.0% vs 02-2026 04-2026: 0.4%● 0.0% vs 03-2026 05-2026: 0.4%▲ +3.5% vs 04-2026 06-2026: 0.5%▲ +3.4% vs 05-2026 07-2026: 0.5%▲ +3.5% vs 06-2026 08-2026: 0.7%▲ +38.8% vs 07-2026 09-2026: 0.2%▼ -74.9% vs 08-2026lowest value 10-2026: 0.3%▲ +86.7% vs 09-2026
  • Equity €80,111 (6.8% of total assets) raises the probability
  • Figures for FY 2025 (filed 29-11-2025) raises the probability
  • Size: total assets €1.2m lowers the probability for this profile
  • Founded in 1993 lowers the probability for this profile
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.8 against 1.21 in 2024; short-term debt: 7.9% and cash: 6.7% of total assets), but 93.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 77, micro). Better than this share of them on solvency 25%, liquidity 71%, profitability 66%, growth against the median 99%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Equity €80,111 (6.8% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2025 (filed 29-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €1.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 996 sector peers (2025).
NBB · sector comparison
Position among 996 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
31 d early
2023
27 d late
2022
30 d late
2021
29 d late
2020
30 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 27 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close02-10-2026 today31-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2019net €68,914 ▲7,659%
  3. Liquidity doublescurrent ratio 2.80

Key points

  • Positive: Result rose in 2025from €888 to €68,914 ▲ 7,659% View
  • Caution: Among the weakest 20% on solvencysector median 36.4% · 996 companies 6.8% View
  • Controlled by AMATHA 100% View

By topic

Financials

Fiscal year
2025
Total assets
€1.2m
Profit
€68,914
Solvency
6.8%
Total assets▲ 2,105%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2016
Next accounts
by 31-10-2026
  1. 27-11-2025Annual accounts filed
  2. 31-03-2025Highest result since 2019
  3. 31-03-2025Liquidity doubles
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and leasing of sports and recreation goodsNACE 77210
Founded
19-11-1993
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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