SA & S
ActiveSummary
SA & S has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€47,927) and a net result of €8,133. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,798 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €120 | €122 | €132 | €141 | ▲ 6.7% |
| Gross operating margin9900 | -€1,168 | -€475 | -€783 | -€874 | -€908 | ▼ 3.9% |
| Operating profit (loss)9901 | -€1,420 | -€595 | -€904 | -€1,006 | -€1,049 | ▼ 4.3% |
| Financial income75/76B | - | €14 | - | €51 | €9,290 | ▲ 18,055% |
| Recurring financial income75 | - | €14 | - | €51 | €9,290 | ▲ 18,055% |
| Financial charges65/66B | - | €68 | €83 | €92 | €108 | ▲ 17.4% |
| Recurring financial charges65 | -€15,722 | €68 | €83 | €92 | €108 | ▲ 17.4% |
| Profit (loss) for the period before taxes9903 | €14,302 | -€649 | -€988 | -€1,047 | €8,133 | ▲ 877% |
| Income taxes67/77 | - | €4 | -€4 | - | - | - |
| Profit (loss) for the period9904 | €14,302 | -€653 | -€983 | -€1,047 | €8,133 | ▲ 877% |
| Profit (loss) for the period to be appropriated9905 | €14,302 | -€653 | -€983 | -€1,047 | €8,133 | ▲ 877% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €40,191 | €40,128 | €40,197 | €38,652 | €96 | ▼ 99.8% |
| Current assets29/58 | €40,191 | €40,128 | €40,197 | €38,652 | €96 | ▼ 99.8% |
| Stocks and contracts in progress3 | €741 | €741 | €741 | - | - | - |
| Stocks30/36 | - | €741 | €741 | - | - | - |
| Amounts receivable within one year40/41 | €705 | €705 | €705 | - | €22 | - |
| Trade receivables40 | - | €705 | €705 | - | - | - |
| Other amounts receivable41 | - | - | - | - | €22 | - |
| Current investments50/53 | €31,445 | €31,445 | €31,445 | €31,445 | - | - |
| Cash at bank and in hand54/58 | €7,300 | €7,238 | €7,307 | €7,207 | €73 | ▼ 99.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €40,191 | €40,128 | €40,197 | €38,652 | €96 | ▼ 99.8% |
| Equity10/15 | -€53,377 | -€54,030 | -€55,013 | -€56,060 | -€47,927 | ▲ 14.5% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€59,577 | -€60,230 | -€61,213 | -€62,260 | -€54,127 | ▲ 13.1% |
| Amounts payable17/49 | €93,568 | €94,158 | €95,210 | €94,712 | €48,023 | ▼ 49.3% |
| Amounts payable within one year42/48 | €93,013 | €93,603 | €94,553 | €94,248 | €47,507 | ▼ 49.6% |
| Trade debts44 | - | - | - | - | €51 | - |
| Suppliers440/4 | - | - | - | - | €51 | - |
| Other amounts payable47/48 | - | €93,603 | €94,553 | €94,248 | €47,455 | ▼ 49.6% |
| Accrued charges and deferred income492/3 | - | €555 | €657 | €464 | €516 | ▲ 11.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,302 | -€653 | -€983 | -€1,047 | €8,133 | ▲ 877% |
| Operating cash flow (approximation) | €14,302 | -€653 | -€983 | -€1,047 | €8,133 | ▲ 877% |
| Change in cash | - | -€63 | €69 | -€99 | -€7,134 | ▼ 7,071% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44049E0509/00A002 | Flanders | 186 m² | 1 · 186 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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Register as of 27 September 2026 · Peppol Directory
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