S&A Company
ActiveThe computed 12-month bankruptcy probability of S&A Company is 4.7% (elevated). The 2024 annual accounts show equity of €36k and a net result of €52k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 37% of 725 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+32
Solvency46▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.13 against 1.13 in 2023; short-term debt: 78.8% and cash: 8.4% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
21.2%
Return on assets
30.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
2 d early
2022
272 d late
2021
77 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 6.5%
2023 · €34k
2021: €29k
2022: €36k
2023: €34k
2021 → 2024
Total assets
€169k▼ 24.9%
2023 · €225k
2021: €56k
2022: €122k
2023: €225k
2021 → 2024
Net result
€52k
2023 · €-2k
2021: €24k
2022: €7k
2023: €-2k
2021 → 2024
Working capital
€17k▼ 30.4%
2023 · €25k
2021: €5k
2022: €-4k
2023: €25k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€29k-€36k▲ 24.8%€34k▼ 5.8%€36k▲ 6.5%
Operating result€35k-€9k▼ 75.1%€8k▼ 4.5%€64k▲ 675%
Net result€24k-€7k▼ 69.9%€-2k€52k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 675% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169k
Fixed assets
€19k▲ 109%
Current assets
€150k▼ 30.4%
Equity and liabilities €169k
Equity
€36k▲ 6.5%
Debt
€133k▼ 30.4%
The debt ratio falls from 85.0% to 78.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78k▲
2023 · €31k
Cash flow
€66k▲
2023 · €20k
Solvency
21.2%▲
2023 · 15.0%
Current ratio
1.13=
2023 · 1.13
Quick ratio
1.13=
2023 · 1.13
Debt / equity
3.71▼
2023 · 5.69
ROE
145.5%▲
2023 · -6.2%
ROA
30.9%▲
2023 · -0.9%
Interest coverage
23.83▲
2023 · 8.51
Debt
€133k▼
2023 · €192k
Debt ≤ 1 year
€133k▼
2023 · €192k
Income taxes
€14k▲
2023 · €3k
Staff costs
€141k▲
2023 · €136k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€225k€169k▼
Fixed assets21/28€9k€19k▲
Tangible fixed assets22/27€9k€19k▲
Furniture and vehicles24€9k€19k▲
Financial fixed assets28-€139
Current assets29/58€216k€150k▼
Amounts receivable within one year40/41€212k€130k▼
Trade receivables40€102k€48k▼
Other amounts receivable41€110k€82k▼
Cash at bank and in hand54/58-€14k
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€225k€169k▼
Equity10/15€34k€36k▲
Contributions10/11€5k€5k=
Reserves13€29k€31k▲
Distributable reserves133€29k€31k▲
Amounts payable17/49€192k€133k▼
Amounts payable within one year42/48€192k€133k▼
Financial debts43€4k-
Credit institutions430/8€4k-
Trade debts44€4k€34k▲
Suppliers440/4€4k€34k▲
Advances received on contracts in progress46€159k-
Taxes, remuneration and social security45€18k€57k▲
Taxes450/3€14k€54k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€7k€43k▲
Income statement
Code20232024
Remuneration, social security and pensions62€136k€141k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€14k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€172k€226k▲
Operating profit (loss)9901€8k€64k▲
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€11k€3k▼
Recurring financial charges65€4k€3k▼
Non-recurring financial charges66B€7k-
Profit (loss) for the period before taxes9903€1k€67k▲
Income taxes67/77€3k€14k▲
Profit (loss) for the period9904€-2k€52k▲
Profit (loss) for the period to be appropriated9905€-2k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€52k▲
Transfer from equity791/2€2k-
Transfer to equity691/2-€2k
To other reserves6921-€2k
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
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
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 272 days late
2023
31-12
Financial
Weakest financial yearnet €-2k ▼129%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
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, Temse · 1 establishment unit since 2020
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.
Luxemburgstraat 209140 TemseGround area
7,219 m²
Building footprint
1,412 m²
Volume, LiDAR
16,298 m³
Parcel 46025B0179/09E000, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
S&A Company
since 20202.304.016.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0179/09E000 | Flanders | 7,219 m² | 1 · 1,412 m² | 16.4 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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BE 0787.802.920
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COLIGO EXPRESS
BE 0794.983.492
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BRUSSELS SERVICES COMPANY
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Of 4,913 companies in sector 53200 we hold annual accounts for 1,329. 1,112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2020
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.