Sabastudio
ActiveSabastudio has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75k and a net result of €90k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+12
Solvency43▲+23
Growth52▲+14
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 0.51 in 2023; short-term debt: 33.5% and cash: 10.1% of total assets), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 37959 sector peers (2024).
NBB · sector comparisonPosition among 37959 sector peers
Solvency
better than 19%
← weakest
strongest →
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 24-07-2025, 7 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
59 d late
2022
70 d late
2021
92 d late
2020
90 d late
2019
150 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€116▼ 100.0%
2019 · €473k
2018: €236k
2019: €473k
2018 → 2022
EBIT margin
-50873.8%▼ 50875.6pp
2019 · 1.7%
2018: -4.5%
2019: 1.7%
2018 → 2022
Net result
€90k▲ 139%
2023 · €38k
2018: €-11k
2019: €6k
2020: €35k
2021: €-4k
2022: €-62k
2023: €38k
2018 → 2024
Working capital
€21k
2023 · €-58k
2018: €-4k
2019: €2k
2020: €10k
2021: €9k
2022: €-57k
2023: €-58k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€116
Equity€14k-€9k▼ 31.6%€-53k€-15k▲ 71.6%€75k
Operating result€38k-€-3k€-59k▼ 1,917%€47k€125k▲ 166%
Net result€35k-€-4k€-62k▼ 1,344%€38k€90k▲ 139%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 166% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €416k
Fixed assets
€256k▲ 0.5%
Current assets
€160k▲ 165%
Equity and liabilities €416k
Equity
€75k
Debt
€341k
Debt finances 82.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€135k▲
2023 · €55k
Cash flow
€100k▲
2023 · €45k
Solvency
18.0%▲
2023 · -4.7%
Current ratio
1.15▲
2023 · 0.51
Quick ratio
1.15▲
2023 · 0.51
Debt / equity
4.55▲
2023 · -22.14
ROE
119.9%
ROA
21.6%▲
2023 · 11.9%
Interest coverage
11.87▲
2023 · 6.18
Debt
€341k▲
2023 · €331k
Debt ≤ 1 year
€139k▲
2023 · €119k
Debt > 1 year
€202k▼
2023 · €212k
Income taxes
€24k▲
2023 · €863
Staff costs
€81k▲
2023 · €68k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€316k€416k▲
Fixed assets21/28€255k€256k▲
Tangible fixed assets22/27€255k€256k▲
Land and buildings22€243k€238k▼
Plant, machinery and equipment23€7k€9k▲
Furniture and vehicles24€4k€4k▲
Other tangible fixed assets26€241€5k▲
Financial fixed assets28€175€175=
Current assets29/58€60k€160k▲
Amounts receivable within one year40/41€30k€109k▲
Trade receivables40€30k€94k▲
Other amounts receivable41-€15k
Cash at bank and in hand54/58€22k€42k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€316k€416k▲
Equity10/15€-15k€75k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-27k€63k▲
Amounts payable17/49€331k€341k▲
Amounts payable after more than one year17€212k€202k▼
Financial debts170/4€212k€202k▼
Amounts payable within one year42/48€119k€139k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€36k€26k▼
Suppliers440/4€36k€26k▼
Taxes, remuneration and social security45€37k€51k▲
Taxes450/3€32k€44k▲
Remuneration and social security454/9€4k€7k▲
Other amounts payable47/48€34k€50k▲
Income statement
Code20232024
Remuneration, social security and pensions62€68k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€125k€218k▲
Operating profit (loss)9901€47k€125k▲
Financial income75/76B€316€161▼
Recurring financial income75€316€161▼
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€38k€114k▲
Income taxes67/77€863€24k▲
Profit (loss) for the period9904€38k€90k▲
Profit (loss) for the period to be appropriated9905€38k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€63k▲
Profit (loss) brought forward from the previous period14P€-65k€-27k▲
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
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €90k ▲139%
Operating result €125k, net result €90k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.15
Current ratio from 0.51 to 1.15.
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
31-12
Financial
Back to profitnet €38k
Net result €38k after 2 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 92 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 150 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tienen · 2 establishment units since 2019
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.
Wilgenstraat 23300 TienenGround area
2.1 ha
Building footprint
5,427 m²
Volume, LiDAR
6,848 m³
3 parcels, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Sabastudio
since 20192.298.490.026
Sabastudio BV
since 20232.352.714.412
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24592E0306/00A000 | Flanders | 1.7 ha | 1 · 4,418 m² | 5.5 m |
| 24514C0015/00Z002 | Flanders | 2,862 m² | 1 · 838 m² | 8.7 m · 2 fl. |
| 24081A0241/00R000 | Flanders | 1,453 m² | 1 · 170 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,809 EUR awarded · 1,808 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,809 EUR | 1,808 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,898 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:nicolas.ongenae@sabastudio.be
Phone:0496184354