LEDERWAREN SAHAN
ActiveLEDERWAREN SAHAN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €11k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▼-70
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 4.4 against 2.57 in 2024), and 12.2% of the assets are financed with debt.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.8%
Return on assets
5.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
101 d early
2024
16 d early
2023
30 d early
2022
20 d early
2021
3 d early
2020
12 d late
2019
32 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€185k▲ 6.4%
2024 · €174k
2019: €137k
2020: €153k
2021: €170k
2022: €171k
2023: €173k
2024: €174k
2019 → 2025
Total assets
€210k▼ 2.4%
2024 · €215k
2019: €249k
2020: €225k
2021: €275k
2022: €234k
2023: €225k
2024: €215k
2019 → 2025
Net result
€11k▼ 69.9%
2024 · €37k
2019: €42k
2020: €36k
2021: €32k
2022: €27k
2023: €1k
2024: €37k
2019 → 2025
Working capital
€87k▲ 32.9%
2024 · €66k
2019: €57k
2020: €71k
2021: €83k
2022: €71k
2023: €67k
2024: €66k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€170k-€171k▲ 0.9%€173k▲ 0.7%€174k▲ 0.6%€185k▲ 6.4%
Operating result€35k-€30k▼ 15.3%€5k▼ 82.0%€37k▲ 588%€13k▼ 66.1%
Net result€32k-€27k▼ 16.3%€1k▼ 95.6%€37k▲ 3,061%€11k▼ 69.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210k
Fixed assets
€98k▼ 9.7%
Current assets
€113k▲ 5.0%
Equity and liabilities €210k
Equity
€185k▲ 6.4%
Debt
€26k▼ 38.7%
The debt ratio falls from 19.4% to 12.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€13k▼
2024 · €42k
Cash flow
€11k▼
2024 · €42k
Solvency
87.8%▲
2024 · 80.6%
Current ratio
4.40▲
2024 · 2.57
Quick ratio
2.47▲
2024 · 0.90
Debt / equity
0.14▼
2024 · 0.24
ROE
6.0%▼
2024 · 21.3%
ROA
5.3%▼
2024 · 17.2%
Interest coverage
3.27
Debt
€26k▼
2024 · €42k
Debt ≤ 1 year
€26k▼
2024 · €42k
Income taxes
€311
Staff costs
€0
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€215k€210k▼
Fixed assets21/28€108k€98k▼
Tangible fixed assets22/27€108k€98k▼
Land and buildings22€98k€98k=
Furniture and vehicles24€10k€0▼
Current assets29/58€107k€113k▲
Stocks and contracts in progress3€70k€49k▼
Stocks30/36€70k€49k▼
Amounts receivable within one year40/41€2k€28k▲
Trade receivables40€2k€0▼
Other amounts receivable41-€28k
Current investments50/53€5k€0▼
Cash at bank and in hand54/58€31k€35k▲
Equity and liabilities
Total equity and liabilities10/49€215k€210k▼
Equity10/15€174k€185k▲
Contributions10/11€19k€19k=
Reserves13€155k€166k▲
Non-distributable reserves130/1€37k€2k▼
Reserves not available under the articles1311€37k€2k▼
Tax-exempt reserves132€12k€12k=
Distributable reserves133€106k€152k▲
Amounts payable17/49€42k€26k▼
Amounts payable within one year42/48€42k€26k▼
Current portion of amounts payable after more than one year42€8k€0▼
Financial debts43€37-
Credit institutions430/8€37-
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Taxes, remuneration and social security45€24k€21k▼
Taxes450/3€24k€16k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€4k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€0▼
Other operating charges640/8-€3k
Non-recurring operating charges66A-€2k
Gross operating margin9900€42k€17k▼
Operating profit (loss)9901€37k€13k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B-€4k
Recurring financial charges65-€4k
Profit (loss) for the period before taxes9903€37k€11k▼
Income taxes67/77-€311
Profit (loss) for the period9904€37k€11k▼
Profit (loss) for the period to be appropriated9905€37k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€11k▼
Transfer to equity691/2€956€11k▲
To other reserves6921€956€11k▲
Profit to be distributed694/7€36k-
Directors or managers695€36k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €1k ▼95.6%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
31-12
Financial
Equity above €150kEq €153k ▲11.4%
2 profitable years in a row build equity to €153k.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 32 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 1992
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.
Hooiaard 39000 GentGround area
111 m²
Building footprint
111 m²
Volume, LiDAR
1,369 m³
Parcel 44803C0038/00_000, Flanders · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LEDERWAREN SAHAN BVBA
since 19922.059.617.034
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0038/00_000 | Flanders | 111 m² | 1 · 111 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
LA MODE DE PARIS
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LEDERWAREN JAMA
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SAVANNA
BE 0447.537.313
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WILMAT
BE 0463.444.125
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LES 100 PAS
BE 1004.819.139
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Of 410 companies in sector 47722 we hold annual accounts for 165. 125 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-1992
Fiscal year end31-12
Activities, NACEBEL
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.