De Sasmeesters

Active

Private limited companyfounded 20179 yrs activeVaartdijk-Zuid 12, 8460 Oudenburg, BelgiumKBO/BCE: BE 0676.857.981

The computed 12-month bankruptcy probability of De Sasmeesters is 1.7% (moderate). The 2025 annual accounts show equity of €100k and a net result of €42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 13071 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

81 / 100

Excellent= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency40▲+2

Growth78=

Stability100

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 3.58 against 3.59 in 2024), but 89.5% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

10.5%

Return on assets

4.5%

Age of the figures

17 mo

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €100k

Latest accounts filed on time

The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 28-11-2025, 2 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

2 d early

2024

4 d early

2023

on the day

2022

2 d early

2021

8 d late

2020

7 d late

2019

1 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

30-04-2026 close15-09-2026 today30-11-2026 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€100k▲ 73.4%

2024 · €58k

2019: €-23k 2020: €-18k 2021: €-14k 2022: €27k 2023: €33k 2024: €58k

2019 → 2025

Total assets

€952k▲ 4.0%

2024 · €916k

2019: €12k 2020: €122k 2021: €363k 2022: €420k 2023: €404k 2024: €916k

2019 → 2025

Net result

€42k▲ 73.5%

2024 · €24k

2019: €-29k 2020: €5k 2021: €5k 2022: €41k 2023: €-6k 2024: €24k

2019 → 2025

Working capital

€381k▲ 7.0%

2024 · €356k

2019: €-34k 2020: €-24k 2021: €-23k 2022: €3k 2023: €-46k 2024: €356k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-14k-€27k€33k▲ 21.8%€58k▲ 73.4%€100k▲ 73.4%

Operating result€8k-€48k▲ 491%€1k▼ 97.3%€15k▲ 1,103%€47k▲ 204%

Net result€5k-€41k▲ 811%€-6k€24k€42k▲ 73.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 204% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €952k

44.4%

55.6%

Fixed assets €423k▲ 0.3%

Current assets €529k▲ 7.1%

Equity and liabilities €952k

11%

89.5%

Equity €100k▲ 73.4%

Debt €851k▼ 0.7%

The debt ratio falls from 93.7% to 89.5%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€77k▲

2024 · €42k

Cash flow

€73k▲

2024 · €51k

Solvency

10.5%▲

2024 · 6.3%

Current ratio

3.58▼

2024 · 3.59

Quick ratio

3.53▼

2024 · 3.54

Debt / equity

8.49▼

2024 · 14.84

ROE

42.3%▲

2024 · 42.3%

ROA

4.5%▲

2024 · 2.7%

Interest coverage

5.05▲

2024 · 3.87

Debt

€851k▼

2024 · €858k

Debt ≤ 1 year

€148k▲

2024 · €138k

Debt > 1 year

€247k▼

2024 · €267k

Income taxes

€12k▲

2024 · €166

Staff costs

€262▲

2024 · €240

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€916k€952k▲

Fixed assets21/28€422k€423k▲

Tangible fixed assets22/27€422k€423k▲

Land and buildings22€412k€390k▼

Plant, machinery and equipment23€9k€6k▼

Furniture and vehicles24€1k€27k▲

Current assets29/58€494k€529k▲

Amounts receivable after more than one year29€470k€493k▲

Other amounts receivable291€470k€493k▲

Stocks and contracts in progress3€6k€6k▼

Stocks30/36€6k€6k▼

Amounts receivable within one year40/41€1k€9k▲

Trade receivables40€451€228▼

Other amounts receivable41€735€9k▲

Current investments50/53€250€250=

Cash at bank and in hand54/58€16k€20k▲

Equity and liabilities

Total equity and liabilities10/49€916k€952k▲

Equity10/15€58k€100k▲

Contributions10/11€19k€19k=

Reserves13€39k€82k▲

Distributable reserves133€39k€82k▲

Amounts payable17/49€858k€851k▼

Amounts payable after more than one year17€267k€247k▼

Financial debts170/4€267k€247k▼

Amounts payable within one year42/48€138k€148k▲

Current portion of amounts payable after more than one year42€20k€20k▲

Financial debts43-€15k

Credit institutions430/8-€15k

Trade debts44€8k€3k▼

Suppliers440/4€8k€3k▼

Advances received on contracts in progress46€1k€0▼

Taxes, remuneration and social security45€2k€4k▲

Taxes450/3€2k€4k▲

Other amounts payable47/48€107k€106k▼

Accrued charges and deferred income492/3€453k€456k▲

Income statement Code20242025

Remuneration, social security and pensions62€240€262▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€30k▲

Other operating charges640/8€3k€2k▼

Gross operating margin9900€46k€79k▲

Operating profit (loss)9901€15k€47k▲

Financial income75/76B€20k€23k▲

Recurring financial income75€20k€23k▲

Financial charges65/66B€11k€15k▲

Recurring financial charges65€11k€15k▲

Profit (loss) for the period before taxes9903€25k€55k▲

Income taxes67/77€166€12k▲

Profit (loss) for the period9904€24k€42k▲

Profit (loss) for the period to be appropriated9905€24k€42k▲

Appropriation of the result

Profit (loss) to be appropriated9906€24k€42k▲

Transfer from equity791/2€0-

Transfer to equity691/2€24k€42k▲

To other reserves6921€24k€42k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 5Filings 7

Next filing, fiscal year 2026, expected by 30-11-2026

2025

28-11

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

30-04

Financial Highest result since 2019net €42k ▲73.5%

Net result €42k, the highest in the series.

30-04

Financial Equity above €100kEq €100k ▲73.4%

2 profitable years in a row build equity to €100k.

2024

26-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

30-04

Financial Back to profitnet €24k

Net result €24k after one loss-making year.

30-04

Financial Liquidity times 8current ratio 3.59

Current ratio from 0.45 to 3.59.

2023

30-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2022

28-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2021

08-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 8 days late

2020

07-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 7 days late

30-04

Financial Back to profitnet €5k

Net result €5k after one loss-making year.

2019

29-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Oudenburg · 1 establishment unit since 2017

establishment The establishment unit on the map

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.

Vaartdijk-Zuid 128460 Oudenburg

Ground area

1,288 m²

Building footprint

108 m²

Volume, LiDAR

359 m³

Parcel 35014B0178/00S000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

De Sasmeesters

Vaartdijk-Zuid 12, 8460 OudenburgFood and beverage service activities

since 20172.265.899.412

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35014B0178/00S000 ProtectedMonument · Townscape or village viewSluizencomplex Plassendale met omgevingSource ↗	Flanders	1,288 m²	1 · 108 m²	7.5 m · 1 fl.