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Saastup

Active
Private limited companyfounded 20224 yrs activeRue de la Valentinoise(Sil) 45, 5630 Cerfontaine, BelgiumKBO/BCE: BE 0790.994.121
Summary

Saastup has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34,231 and a net result of €18,217. Its solvency ranks better than 31% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability92▼-8
Solvency60▲+14
Growth52
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.24 in 2023; short-term debt: 26.6% and cash: 23.4% of total assets), but 65.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
34.9%
Return on assets
18.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
41 d early
2023
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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 20 September 2022, Saastup was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€34,231▲ 66.9%
2023 · €20,514
Total assets
€98,117▼ 1.9%
2023 · €100,055
Net result
€18,217▼ 31.3%
2023 · €26,514
Working capital
€18,301▲ 160%
2023 · €7,051
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
Line20232024
Operating result€37,640-€29,346▼ 22.0%
Net result€26,514-€18,217▼ 31.3%
Equity€20,514-€34,231▲ 66.9%
Total assets€100,055-€98,117▼ 1.9%
Debt€79,541-€63,886▼ 19.7%
Working capital€7,051-€18,301▲ 160%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2023: €37,640€37,640Net result 2023: €26,514€26,514Operating result 2024: €29,346€29,346Net result 2024: €18,217€18,21720232024€0€10,000€20,000€30,000€40,000Operating result 2023: €37,640€37,600Net result 2023: €26,514€26,500Operating result 2024: €29,346€29,300Net result 2024: €18,217€18,20020232024
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98,117
Fixed assets €53,668 ▼ 15.7%
Current assets €44,449 ▲ 22.2%
Equity and liabilities €98,117
Equity €34,231 ▲ 66.9%
Debt €63,886 ▼ 19.7%
Debt's share of the balance-sheet total falls from 79.5% to 65.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€43,828▲
2023 · €41,950
Cash flow
€32,699▲
2023 · €30,823
Current ratio
1.70▲
2023 · 1.24
Debt to equity
1.87▼
2023 · 3.88
ROE
53.2%▼
2023 · 129.2%
ROA
18.6%▼
2023 · 26.5%
Interest coverage
7.40▼
2023 · 11.03
Debt ≤ 1 year
€26,148▼
2023 · €29,310
Debt > 1 year
€37,738▼
2023 · €50,232
Income taxes
€5,209▼
2023 · €7,339
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 39,275 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€100,055€98,117▼
Fixed assets21/28€63,694€53,668▼
Intangible fixed assets21€360€179▼
Tangible fixed assets22/27€63,334€53,489▼
Furniture and vehicles24€63,334€53,489▼
Current assets29/58€36,361€44,449▲
Amounts receivable within one year40/41€18,679€19,357▲
Trade receivables40€11,203€12,971▲
Other amounts receivable41€7,476€6,386▼
Cash at bank and in hand54/58€16,198€22,956▲
Deferred charges and accrued income490/1€1,484€2,137▲
Equity and liabilities
Total equity and liabilities10/49€100,055€98,117▼
Equity10/15€20,514€34,231▲
Contributions10/11€500€500=
Profit (loss) carried forward14€20,014€33,731▲
Amounts payable17/49€79,541€63,886▼
Amounts payable after more than one year17€50,232€37,738▼
Financial debts170/4€50,232€37,738▼
Amounts payable within one year42/48€29,310€26,148▼
Current portion of amounts payable after more than one year42€12,852€15,987▲
Trade debts44€1,896€885▼
Suppliers440/4€1,896€885▼
Taxes, remuneration and social security45€4,250€4,775▲
Taxes450/3€4,250€4,775▲
Other amounts payable47/48€10,312€4,500▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,309€14,482▲
Other operating charges640/8€51€72▲
Gross operating margin9900€42,001€43,899▲
Operating profit (loss)9901€37,640€29,346▼
Financial income75/76B€17€2▼
Recurring financial income75€17€2▼
Financial charges65/66B€3,804€5,921▲
Recurring financial charges65€3,804€5,921▲
Profit (loss) for the period before taxes9903€33,852€23,427▼
Income taxes67/77€7,339€5,209▼
Profit (loss) for the period9904€26,514€18,217▼
Profit (loss) for the period to be appropriated9905€26,514€18,217▼
Appropriation of the result
Profit (loss) to be appropriated9906€26,514€38,231▲
Profit (loss) brought forward from the previous period14P-€20,014
Profit to be distributed694/7€6,500€4,500▼
Return on contributions (dividend)694€6,500€4,500▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,309€14,482▲ 236%
Other operating charges640/8€51€72▲ 40.6%
Gross operating margin9900€42,001€43,899▲ 4.5%
Operating profit (loss)9901€37,640€29,346▼ 22.0%
Financial income75/76B€17€2▼ 88.0%
Recurring financial income75€17€2▼ 88.0%
Financial charges65/66B€3,804€5,921▲ 55.6%
Recurring financial charges65€3,804€5,921▲ 55.6%
Profit (loss) for the period before taxes9903€33,852€23,427▼ 30.8%
Income taxes67/77€7,339€5,209▼ 29.0%
Profit (loss) for the period9904€26,514€18,217▼ 31.3%
Profit (loss) for the period to be appropriated9905€26,514€18,217▼ 31.3%
Line20232024Change
Assets
Total assets20/58€100,055€98,117▼ 1.9%
Fixed assets21/28€63,694€53,668▼ 15.7%
Intangible fixed assets21€360€179▼ 50.3%
Tangible fixed assets22/27€63,334€53,489▼ 15.5%
Furniture and vehicles24€63,334€53,489▼ 15.5%
Current assets29/58€36,361€44,449▲ 22.2%
Amounts receivable within one year40/41€18,679€19,357▲ 3.6%
Trade receivables40€11,203€12,971▲ 15.8%
Other amounts receivable41€7,476€6,386▼ 14.6%
Cash at bank and in hand54/58€16,198€22,956▲ 41.7%
Deferred charges and accrued income490/1€1,484€2,137▲ 44.0%
Equity and liabilities
Total equity and liabilities10/49€100,055€98,117▼ 1.9%
Equity10/15€20,514€34,231▲ 66.9%
Contributions10/11€500€500=
Profit (loss) carried forward14€20,014€33,731▲ 68.5%
Amounts payable17/49€79,541€63,886▼ 19.7%
Amounts payable after more than one year17€50,232€37,738▼ 24.9%
Financial debts170/4€50,232€37,738▼ 24.9%
Amounts payable within one year42/48€29,310€26,148▼ 10.8%
Current portion of amounts payable after more than one year42€12,852€15,987▲ 24.4%
Trade debts44€1,896€885▼ 53.3%
Suppliers440/4€1,896€885▼ 53.3%
Taxes, remuneration and social security45€4,250€4,775▲ 12.4%
Taxes450/3€4,250€4,775▲ 12.4%
Other amounts payable47/48€10,312€4,500▼ 56.4%
Line20232024Change
Profit (loss) for the period9904€26,514€18,217▼ 31.3%
+ Depreciation and write-downs630€4,309€14,482▲ 236%
Operating cash flow (approximation)€30,823€32,699▲ 6.1%
Investment in fixed assets (approximation)--€4,456-
Change in cash-€6,757-

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

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Cerfontaine · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,267 m²
Building footprint
90 m²
Parcel 93070A0184/00C005, Wallonia. Linked by address, not a title deed.
1 establishment unit
Saastup
Rue de la Valentinoise(Sil) 45, 5630 CerfontaineComputer programming, consultancy and related activities
since 20222.336.167.596
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93070A0184/00C005 Wallonia 1,267 m² 1 · 90 m² -
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.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 35,467 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0790994121
Also 9925:BE0790994121
Registered 06-10-2022

Register as of 27 September 2026 · Peppol Directory

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