S.RA
ActiveS.RA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €8k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 38% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+82
Solvency51▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.06 in 2024; short-term debt: 73.7% and cash: 0.3% of total assets), and 73.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
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
26.3%
Return on assets
10.4%
Age of the figures
9 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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
2 d early
2023
29 d late
2022
1 d late
2021
6 d early
2020
3 d early
2019
28 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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▲ 65.3%
2024 · €12k
2018: €5k
2019: €9k
2020: €15k
2021: €19k
2022: €20k
2023: €29k
2024: €12k
2018 → 2025
Total assets
€77k▲ 47.0%
2024 · €52k
2018: €6k
2019: €10k
2020: €15k
2021: €20k
2022: €27k
2023: €46k
2024: €52k
2018 → 2025
Net result
€8k
2024 · €-17k
2018: €-3k
2019: €3k
2020: €6k
2021: €4k
2022: €2k
2023: €8k
2024: €-17k
2018 → 2025
Working capital
€13k▲ 481%
2024 · €2k
2018: €5k
2019: €7k
2020: €13k
2021: €13k
2022: €14k
2023: €22k
2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€20k▲ 9.5%€29k▲ 40.6%€12k▼ 57.6%€20k▲ 65.3%
Operating result€6k-€2k▼ 65.1%€11k▲ 470%€-15k€11k
Net result€4k-€2k▼ 54.9%€8k▲ 371%€-17k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77k
Fixed assets
€7k▼ 31.2%
Current assets
€70k▲ 65.3%
Equity and liabilities €77k
Equity
€20k▲ 65.3%
Debt
€56k▲ 41.4%
The debt ratio falls from 76.6% to 73.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2024 · €-13k
Cash flow
€11k▲
2024 · €-14k
Solvency
26.3%▲
2024 · 23.4%
Current ratio
1.24▲
2024 · 1.06
Quick ratio
0.24▼
2024 · 0.57
Debt / equity
2.80▼
2024 · 3.27
ROE
39.5%▲
2024 · -135.6%
ROA
10.4%▲
2024 · -31.7%
Interest coverage
25.34▲
2024 · -12.11
Debt
€56k▲
2024 · €40k
Debt ≤ 1 year
€56k▲
2024 · €40k
Income taxes
€2k
Staff costs
€64k▲
2024 · €38k
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€52k€77k▲
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€7k€4k▼
Financial fixed assets28€3k€3k=
Current assets29/58€42k€70k▲
Stocks and contracts in progress3€19k€56k▲
Stocks30/36€19k€56k▲
Amounts receivable within one year40/41€19k€12k▼
Trade receivables40€11k€7k▼
Other amounts receivable41€8k€6k▼
Cash at bank and in hand54/58€1k€260▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€52k€77k▲
Equity10/15€12k€20k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-6k€2k▲
Amounts payable17/49€40k€56k▲
Amounts payable within one year42/48€40k€56k▲
Trade debts44€5k€55k▲
Suppliers440/4€5k€55k▲
Taxes, remuneration and social security45€10k€2k▼
Taxes450/3€984-
Remuneration and social security454/9€9k€2k▼
Other amounts payable47/48€25k-
Income statement
Code20242025
Remuneration, social security and pensions62€38k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€838€834▼
Non-recurring operating charges66A€337€127▼
Gross operating margin9900€26k€78k▲
Operating profit (loss)9901€-15k€11k▲
Financial charges65/66B€1k€540▼
Recurring financial charges65€1k€540▼
Profit (loss) for the period before taxes9903€-17k€10k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-17k€8k▲
Profit (loss) for the period to be appropriated9905€-17k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€2k▲
Profit (loss) brought forward from the previous period14P€10k€-6k▼
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-17k ▼299%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €8k ▲371%
Operating result €11k, net result €8k, both a record.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 7current ratio 78.22
Current ratio from 11.23 to 78.22; short-term debt falls from €671 to €164.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
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
4 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, Sint-Jans-Molenbeek · 1 establishment unit since 2014
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.
Picardstraat 921080 Sint-Jans-MolenbeekGround area
140 m²
Building footprint
108 m²
Volume, LiDAR
1,682 m³
Parcel 21012A0132/00V006, Brussels · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Picardstraat 92, 1080 Sint-Jans-Molenbeek
since 20142.280.558.585
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0132/00V006 | Brussels | 140 m² | 1 · 108 m² | 20.9 m · 6 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
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.280.558.585
Similar companies · same sector, comparable size
MJ2 BEAUTY WORLD
BE 0636.857.854
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PATEL
BE 0765.406.907
Schaarbeek · Eq €20k
THE COFFEE FACTORY
BE 0838.128.203
Le Roeulx · Eq €21k
MESSANCYDIS
BE 0501.827.322
Messancy · Eq €21k
O.N.S.
BE 0470.409.814
Brugge · Eq €19k
Of 1,428 companies in sector 46389 we hold annual accounts for 855. 413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2014
Fiscal year end31-12
Activities, NACEBEL
46389Wholesale of other food products
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.