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SABATECH

Active
Private limited companyfounded 2023active for 3 yearsLt. Graffplein 15, 1780 Wemmel, Belgium476 active companies are registered at this addressKBO/BCE: BE 0800.408.960
Summary

The computed 12-month bankruptcy probability of SABATECH is 5.6% (elevated). The 2024 annual accounts show equity of €11,022 and a net result of €5,871. Its solvency ranks better than 94% of 5,847 sector peers (NACE 81, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.

Turnover
€32,106▲ 136%
2023 · €13,589
EBIT margin
18.3%▼ 7.7pp
2023 · 26.0%
Net result
€5,871▲ 86.3%
2023 · €3,151
Working capital
€9,822▲ 177%
2023 · €3,551
Trend over the years

2023 to 2024, 2 financial years

The operating result rises in 2024; 2024 is 67% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€32,106 2024 Operating result€5,887 2024 Net result€5,871 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Turnover€13,589-€32,106▲ 136%
Operating result€3,534-€5,887▲ 66.6%
Net result€3,151within the sector's middle half-€5,871within the sector's middle half▲ 86.3%
EBIT margin26.0%-18.3%▼ 7.7pp
Equity€5,151below the sector's middle half-€11,022below the sector's middle half▲ 114%
Total assets€6,507below the sector's middle half-€12,378below the sector's middle half▲ 90.2%
Debt€1,356-€1,356=
Working capital€3,551within the sector's middle half-€9,822within the sector's middle half▲ 177%
Solvency79.2%above the sector's middle half-89.0%above the sector's middle half▲ 9.9pp
Current ratio3.62above the sector's middle half-8.24above the sector's middle half▲ 4.62
Return on assets (ROA)48.4%above the sector's middle half-47.4%above the sector's middle half▼ 1.0pp
above within below the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12,378
Fixed assets €1,200 ▼ 25.0%
Current assets €11,178 ▲ 128%
Equity and liabilities €12,378
Equity €11,022 ▲ 114%
Debt €1,356 =
Debt's share of the balance-sheet total falls from 20.8% to 11.0%. Equity is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6,287▲
2023 · €3,934
Cash flow
€6,271▲
2023 · €3,551
Debt to equity
0.12▼
2023 · 0.26
ROE
53.3%▼
2023 · 61.2%
Interest coverage
54.75▲
2023 · 10.27
Debt ≤ 1 year
€1,356=
2023 · €1,356
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€6,507€12,378▲
Fixed assets21/28€1,600€1,200▼
Tangible fixed assets22/27€1,600€1,200▼
Furniture and vehicles24€1,600€1,200▼
Current assets29/58€4,907€11,178▲
Amounts receivable within one year40/41€4,907€11,079▲
Trade receivables40€665-
Other amounts receivable41€4,242€11,079▲
Cash at bank and in hand54/58-€99
Equity and liabilities
Total equity and liabilities10/49€6,507€12,378▲
Equity10/15€5,151€11,022▲
Contributions10/11€2,000€2,000=
Reserves13€158€601▲
Non-distributable reserves130/1€158€601▲
Reserves not available under the articles1311€158€601▲
Profit (loss) carried forward14€2,994€8,421▲
Amounts payable17/49€1,356€1,356=
Amounts payable within one year42/48€1,356€1,356=
Financial debts43€93€93=
Credit institutions430/8€93€93=
Taxes, remuneration and social security45€1,263€1,263=
Taxes450/3€1,263€1,263=
Income statement Code20232024
Turnover70€13,589€32,106▲
Goods, raw materials, services and sundry goods60/61€6,197€18,926▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€400=
Other operating charges640/8€3,458€6,894▲
Gross operating margin9900€7,392€13,181▲
Operating profit (loss)9901€3,534€5,887▲
Financial income75/76B-€99
Recurring financial income75-€99
Financial charges65/66B€383€115▼
Recurring financial charges65€383€115▼
Profit (loss) for the period before taxes9903€3,151€5,871▲
Profit (loss) for the period9904€3,151€5,871▲
Profit (loss) for the period to be appropriated9905€3,151€5,871▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,151€8,865▲
Profit (loss) brought forward from the previous period14P-€2,994
Transfer to equity691/2€158€443▲
To the legal reserve6920€158€443▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€13,589€32,106▲ 136%
Goods, raw materials, services and sundry goods60/61€6,197€18,926▲ 205%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€400=
Other operating charges640/8€3,458€6,894▲ 99.4%
Gross operating margin9900€7,392€13,181▲ 78.3%
Operating profit (loss)9901€3,534€5,887▲ 66.6%
Financial income75/76B-€99-
Recurring financial income75-€99-
Financial charges65/66B€383€115▼ 70.0%
Recurring financial charges65€383€115▼ 70.0%
Profit (loss) for the period before taxes9903€3,151€5,871▲ 86.3%
Profit (loss) for the period9904€3,151€5,871▲ 86.3%
Profit (loss) for the period to be appropriated9905€3,151€5,871▲ 86.3%
Line20232024Change
Assets
Total assets20/58€6,507€12,378▲ 90.2%
Fixed assets21/28€1,600€1,200▼ 25.0%
Tangible fixed assets22/27€1,600€1,200▼ 25.0%
Furniture and vehicles24€1,600€1,200▼ 25.0%
Current assets29/58€4,907€11,178▲ 128%
Amounts receivable within one year40/41€4,907€11,079▲ 126%
Trade receivables40€665--
Other amounts receivable41€4,242€11,079▲ 161%
Cash at bank and in hand54/58-€99-
Equity and liabilities
Total equity and liabilities10/49€6,507€12,378▲ 90.2%
Equity10/15€5,151€11,022▲ 114%
Contributions10/11€2,000€2,000=
Reserves13€158€601▲ 281%
Non-distributable reserves130/1€158€601▲ 281%
Reserves not available under the articles1311€158€601▲ 281%
Profit (loss) carried forward14€2,994€8,421▲ 181%
Amounts payable17/49€1,356€1,356=
Amounts payable within one year42/48€1,356€1,356=
Financial debts43€93€93=
Credit institutions430/8€93€93=
Taxes, remuneration and social security45€1,263€1,263=
Taxes450/3€1,263€1,263=
Line20232024Change
Profit (loss) for the period9904€3,151€5,871▲ 86.3%
+ Depreciation and write-downs630€400€400=
Operating cash flow (approximation)€3,551€6,271▲ 76.6%
Investment in fixed assets (approximation)-€0-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 05-11-2025 2025-00564947
31-12-2023 micro format 05-11-2025 2025-00564545

Similar companies · same sector, comparable size

Of the 7,254 active companies whose main activity is general cleaning of buildings (NACE 81210), figures are known for 2,741. 1,829 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.