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SAAR

Active
Private limited companyfounded 20215 yrs activeMuntstraat 21, 3000 Leuven, BelgiumKBO/BCE: BE 0769.580.380
Summary

The computed 12-month bankruptcy probability of SAAR is 4.6% (elevated). The 2025 annual accounts show negative equity (-€82,643). Equity remains stable across the filed fiscal years (±0.3% per year). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency0=
Growth78=
Track record94
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
Age of the figures
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 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
23 d early
2024
6 d early
2023
51 d early
2022
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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
28-09-2026 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

History

On 10 June 2021, SAAR was incorporated as a Private limited company.1 The company has filed 4 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€82,643=
2024 · -€82,643
Total assets
€809=
2024 · €809
Net result
€1,619
2022 · -€90,262
Working capital
-€82,643=
2024 · -€82,643
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€87,870-€2,054
Net result-€90,262-€1,619
Equity-€84,262--€82,643▲ 1.9%-€82,643=-€82,643=
Total assets€18,490-€809▼ 95.6%€809=€809=
Debt€102,752-€83,453▼ 18.8%€83,453=€83,453=
Working capital-€81,455--€82,643▼ 1.5%-€82,643=-€82,643=
Staff (FTE)1.7-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0Operating result 2022: -€87,870-€87,870Net result 2022: -€90,262-€90,262Operating result 2023: €2,054€2,054Net result 2023: €1,619€1,6192022202320242025€0€1,000€2,000Operating result 2023: €2,054€2,050Net result 2023: €1,619€1,620202320242025
The operating result returns to profit in 2023: €2,054 after a loss of €87,870 in 2022.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€83,453=
2024 · €83,453
Ratios withheld: a balance sheet total of €809 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 13 lines
Balance sheet Code20242025
Assets
Total assets20/58€809€809=
Current assets29/58€809€809=
Amounts receivable within one year40/41€809€809=
Other amounts receivable41€809€809=
Equity and liabilities
Total equity and liabilities10/49€809€809=
Equity10/15-€82,643-€82,643=
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€88,643-€88,643=
Amounts payable17/49€83,453€83,453=
Amounts payable within one year42/48€83,453€83,453=
Other amounts payable47/48€83,453€83,453=
Income statement Code20242025
Appropriation of the result
Profit (loss) to be appropriated9906-€88,643-€88,643=
Profit (loss) brought forward from the previous period14P-€88,643-€88,643=

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62€84,747€380---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,934----
Other operating charges640/8€1,338----
Gross operating margin9900€149€2,434---
Operating profit (loss)9901-€87,870€2,054---
Financial income75/76B€73----
Recurring financial income75€73----
Financial charges65/66B€2,465€435---
Recurring financial charges65€2,465€435---
Profit (loss) for the period before taxes9903-€90,262€1,619---
Profit (loss) for the period9904-€90,262€1,619---
Profit (loss) for the period to be appropriated9905-€90,262€1,619---
Line2022202320242025Change
Assets
Total assets20/58€18,490€809€809€809=
Fixed assets21/28€4,564----
Tangible fixed assets22/27€4,564----
Plant, machinery and equipment23€4,564----
Current assets29/58€13,926€809€809€809=
Amounts receivable within one year40/41€7,759€809€809€809=
Trade receivables40€7,759----
Other amounts receivable41-€809€809€809=
Cash at bank and in hand54/58€5,500----
Deferred charges and accrued income490/1€667----
Equity and liabilities
Total equity and liabilities10/49€18,490€809€809€809=
Equity10/15-€84,262-€82,643-€82,643-€82,643=
Contributions10/11€6,000€6,000€6,000€6,000=
Profit (loss) carried forward14-€90,262-€88,643-€88,643-€88,643=
Amounts payable17/49€102,752€83,453€83,453€83,453=
Amounts payable within one year42/48€95,381€83,453€83,453€83,453=
Financial debts43-€4---
Credit institutions430/8-€4---
Trade debts44€18,418€831---
Suppliers440/4€18,418€831---
Taxes, remuneration and social security45€14,335€12,714---
Taxes450/3€1,447----
Remuneration and social security454/9€12,888€12,714---
Other amounts payable47/48€62,628€69,903€83,453€83,453=
Accrued charges and deferred income492/3€7,371----
Line2022202320242025Change
Profit (loss) for the period9904-€90,262€1,619---
+ Depreciation and write-downs630€1,934----
Operating cash flow (approximation)-€88,328€1,619---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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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 · micro schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €1,619
Net result €1,619 after one loss-making year.
10-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Leuven
exact location from the address register On OpenStreetMap
Ground area
44 m²
Building footprint
55 m²
Volume, LiDAR
636 m³
Parcel 24502B0871/00H000, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24502B0871/00H000 Flanders 44 m² 1 · 55 m² 14.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-06-2021
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0769580380
Also 9925:BE0769580380

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.