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SABAK

Active
Private limited companyfounded 20206 yrs activeSint-Antoonplein 51, 1040 Etterbeek, BelgiumKBO/BCE: BE 0744.839.145
Summary

The computed 12-month bankruptcy probability of SABAK is 9.4% (elevated). The 2022 annual accounts show equity of €9,992 and a net result of -€3,968. Its solvency ranks better than 31% of 4856 sector peers (fiscal year 2022). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Axes, FY 2022
Profitability57
Solvency48
Growth-
Track record85
Bankruptcy probability, 12 months
9.4% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2022
Solvency, return and age of the figures
Solvency
23%
Return on assets
-9.1%
Age of the figures
45 mo
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 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 14-08-2023, 14 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 · 1 filing
Deviation from the deadline
2022
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 14 days after the deadline; the sector median for financial year 2022 is on the deadline day, and 46% 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

SABAK was incorporated on 8 March 2020 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022

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Financials · fiscal year 2022, micro schema

Equity
€9,992
Total assets
€43,414
Net result
-€3,968
Working capital
-€11,380

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €43,414
Fixed assets €21,371
Current assets €22,043
Equity and liabilities €43,414
Equity €9,992
Debt €33,423
Debt finances 77.0% of the balance-sheet total.
Key figures and ratios
2022 value
EBITDA
€3,272
Cash flow
€3,203
Current ratio
0.66
Debt to equity
3.35
ROE
-39.7%
ROA
-9.1%
Interest coverage
47.42
Debt ≤ 1 year
€33,423
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 32 lines
Balance sheet Code2022
Assets
Total assets20/58€43,414
Fixed assets21/28€21,371
Tangible fixed assets22/27€21,371
Plant, machinery and equipment23€594
Furniture and vehicles24€20,777
Current assets29/58€22,043
Amounts receivable within one year40/41€15,909
Trade receivables40€15,782
Other amounts receivable41€127
Cash at bank and in hand54/58€6,134
Equity and liabilities
Total equity and liabilities10/49€43,414
Equity10/15€9,992
Contributions10/11€6,000
Profit (loss) carried forward14€3,992
Amounts payable17/49€33,423
Amounts payable within one year42/48€33,423
Trade debts44€24,581
Suppliers440/4€24,581
Taxes, remuneration and social security45€878
Taxes450/3€878
Other amounts payable47/48€7,964
Income statement Code2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,171
Other operating charges640/8€2,033
Gross operating margin9900€5,304
Operating profit (loss)9901-€3,899
Financial charges65/66B€69
Recurring financial charges65€69
Profit (loss) for the period before taxes9903-€3,968
Profit (loss) for the period9904-€3,968
Profit (loss) for the period to be appropriated9905-€3,968
Appropriation of the result
Profit (loss) to be appropriated9906€3,992
Profit (loss) brought forward from the previous period14P€7,960

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,171
Other operating charges640/8€2,033
Gross operating margin9900€5,304
Operating profit (loss)9901-€3,899
Financial charges65/66B€69
Recurring financial charges65€69
Profit (loss) for the period before taxes9903-€3,968
Profit (loss) for the period9904-€3,968
Profit (loss) for the period to be appropriated9905-€3,968
Line2022
Assets
Total assets20/58€43,414
Fixed assets21/28€21,371
Tangible fixed assets22/27€21,371
Plant, machinery and equipment23€594
Furniture and vehicles24€20,777
Current assets29/58€22,043
Amounts receivable within one year40/41€15,909
Trade receivables40€15,782
Other amounts receivable41€127
Cash at bank and in hand54/58€6,134
Equity and liabilities
Total equity and liabilities10/49€43,414
Equity10/15€9,992
Contributions10/11€6,000
Profit (loss) carried forward14€3,992
Amounts payable17/49€33,423
Amounts payable within one year42/48€33,423
Trade debts44€24,581
Suppliers440/4€24,581
Taxes, remuneration and social security45€878
Taxes450/3€878
Other amounts payable47/48€7,964
Line2022
Profit (loss) for the period9904-€3,968
+ Depreciation and write-downs630€7,171
Operating cash flow (approximation)€3,203

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

2023
14-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Etterbeek · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
114 m²
Building footprint
81 m²
Volume, LiDAR
1,105 m³
Parcel 21363B0406/00S021, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Antoonplein 51, 1040 Etterbeek
Specialised construction activities
since 20202.300.336.489
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21363B0406/00S021 Brussels 114 m² 1 · 81 m² 17.0 m · 5 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.

Similar companies · same sector, comparable size

Of 6,996 companies in sector 81220 we hold annual accounts for 2,414. 1,439 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
Founded08-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:0744839145
Also 9925:BE0744839145
Registered 28-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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