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MAISON SAKE

Active
Private limited company (pre-2019)founded 201511 yrs activeVerversstraat 11, 1000 Brussel, BelgiumKBO/BCE: BE 0578.995.077

The computed 12-month bankruptcy probability of MAISON SAKE is 2.1% (moderate). The 2025 annual accounts show equity of €61k and a net result of €-7k. Equity is growing by ~48% per year across the filed fiscal years. Its solvency ranks better than 69% of 10253 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
53 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-83
Solvency82▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.9 in 2024; short-term debt: 43.3% and cash: 45.4% of total assets), and 43.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.7%
Return on assets
-6.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
3 d early
2023
16 d early
2022
5 d early
2021
6 d early
2020
5 d early
2019
2 d early
← 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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-7k
2024 · €27k
2018: €6k 2019: €2k 2020: €-4k 2021: €-728 2022: €25k 2023: €32k 2024: €27k
2018 → 2025
Working capital
€47k▼ 10.3%
2024 · €52k
2018: €-3k 2019: €-1k 2020: €-4k 2021: €-6k 2022: €19k 2023: €51k 2024: €52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€4k-€29k▲ 565%€61k▲ 107%€68k▲ 11.1%€61k▼ 10.4%
Operating result€1k-€30k▲ 2,216%€44k▲ 47.1%€41k▼ 5.7%€-1k
Net result€-728-€25k€32k▲ 26.3%€27k▼ 15.2%€-7k
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €1k€1kNet result 2021: €-728€-728Operating result 2022: €30k€30kNet result 2022: €25k€25kOperating result 2023: €44k€44kNet result 2023: €32k€32kOperating result 2024: €41k€41kNet result 2024: €27k€27kOperating result 2025: €-1k€-1kNet result 2025: €-7k€-7k20212022202320242025
The operating result turns negative in 2025: a loss of €1k after €41k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets €14k▼ 10.7%
Current assets €93k▼ 15.4%
Equity and liabilities €107k
Equity €61k▼ 10.4%
Debt €46k▼ 20.0%
The debt ratio falls from 46.1% to 43.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€634
2024 · €42k
Cash flow
€-5k
2024 · €28k
Solvency
56.7%
2024 · 53.9%
Current ratio
2.01
2024 · 1.90
Quick ratio
1.33
2024 · 1.35
Debt / equity
0.76
2024 · 0.85
ROE
-11.6%
2024 · 39.5%
ROA
-6.6%
2024 · 21.3%
Interest coverage
0.12
2024 · 7.07
Debt
€46k
2024 · €58k
Debt ≤ 1 year
€46k
2024 · €58k
Income taxes
€571
2024 · €9k
Staff costs
€105k
2024 · €98k
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€126k€107k
Fixed assets21/28€15k€14k
Tangible fixed assets22/27€6k€5k
Furniture and vehicles24€2k€923
Other tangible fixed assets26€5k€4k
Financial fixed assets28€9k€9k=
Current assets29/58€110k€93k
Stocks and contracts in progress3€32k€31k
Stocks30/36€32k€31k
Amounts receivable within one year40/41€15k€13k
Trade receivables40€10k€283
Other amounts receivable41€5k€13k
Cash at bank and in hand54/58€62k€49k
Deferred charges and accrued income490/1€243€295
Equity and liabilities
Total equity and liabilities10/49€126k€107k
Equity10/15€68k€61k
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€54k€47k
Amounts payable17/49€58k€46k
Amounts payable within one year42/48€58k€46k
Trade debts44€15k€9k
Suppliers440/4€15k€9k
Taxes, remuneration and social security45€41k€37k
Taxes450/3€29k€26k
Remuneration and social security454/9€12k€11k
Other amounts payable47/48€2k€366
Income statement Code20242025
Remuneration, social security and pensions62€98k€105k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€800€2k
Other operating charges640/8€991€2k
Gross operating margin9900€141k€108k
Operating profit (loss)9901€41k€-1k
Financial income75/76B€48€0
Recurring financial income75€48€0
Financial charges65/66B€6k€5k
Recurring financial charges65€6k€5k
Profit (loss) for the period before taxes9903€35k€-6k
Income taxes67/77€9k€571
Profit (loss) for the period9904€27k€-7k
Profit (loss) for the period to be appropriated9905€27k€-7k
Appropriation of the result
Profit (loss) to be appropriated9906€74k€47k
Profit (loss) brought forward from the previous period14P€47k€54k
Profit to be distributed694/7€20k-
Return on contributions (dividend)694€20k-
Social balance
Average headcount (FTE)9087-1.7

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €-7k ▼126%
Net result drops to €-7k, the lowest in the series.
28-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
15-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €32k ▲26.3%
Operating result €44k, net result €32k, both a record.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €25k
Net result €25k after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 1.65
Current ratio from 0.80 to 1.65.
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · 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, Brussel · 2 establishment units since 2015
establishment All 2 establishment units 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.

Verversstraat 111000 Brussel
Ground area
155 m²
Building footprint
140 m²
Volume, LiDAR
3,063 m³
Parcel 21004A0254/00D000, Brussels · tallest building 24.8 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
MAISON SAKE
Verversstraat 11, 1000 BrusselOther manufacturing not elsewhere classified
since 20152.238.834.927
MAISON SAKE
Verversstraat 15, 1000 BrusselOther manufacturing not elsewhere classified
since 20162.258.208.302
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21004A0254/00D000
ProtectedArchitectural ensembleGeheel van drie traditionele huizenSource ↗
Brussels 155 m² 1 · 140 m² 24.8 m · 7 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

Of 6,501 companies in sector 47716 we hold annual accounts for 2,440. 1,884 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded29-01-2015
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.