SABATEL
ActiveSABATEL has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.17M and a net result of €70k. Equity is growing by ~46.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 3616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-70
Solvency14▼-8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Liquidity short (current ratio 0.34 against 0.3 in 2024), and 79.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.3%
Return on assets
1.2%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
16 d early
2023
14 d early
2022
11 d early
2021
2 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.17M▲ 4.3%
2024 · €1.12M
2018: €310k
2020: €276k
2021: €318k
2022: €355k
2023: €772k
2024: €1.12M
2018 → 2025
Total assets
€5.77M▲ 18.6%
2024 · €4.87M
2018: €1.37M
2020: €1.17M
2021: €2.53M
2022: €4.49M
2023: €4.60M
2024: €4.87M
2018 → 2025
Net result
€70k▼ 84.6%
2024 · €453k
2018: €23k
2020: €-47k
2021: €42k
2022: €112k
2023: €517k
2024: €453k
2018 → 2025
Working capital
€-503k▲ 11.9%
2024 · €-571k
2018: €-388k
2020: €-42k
2021: €-997k
2022: €-874k
2023: €-557k
2024: €-571k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€318k-€355k▲ 11.8%€772k▲ 117%€1.12M▲ 45.7%€1.17M▲ 4.3%
Operating result€58k-€182k▲ 212%€604k▲ 231%€565k▼ 6.4%€273k▼ 51.7%
Net result€42k-€112k▲ 165%€517k▲ 359%€453k▼ 12.3%€70k▼ 84.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.77M
Fixed assets
€5.52M▲ 19.4%
Current assets
€258k▲ 4.2%
Equity and liabilities €5.77M
Equity
€1.17M▲ 4.3%
Debt
€4.60M▲ 22.9%
The debt ratio rises from 76.9% to 79.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.15M▼
2024 · €1.18M
Cash flow
€947k▼
2024 · €1.07M
Solvency
20.3%▼
2024 · 23.1%
Current ratio
0.34▲
2024 · 0.30
Quick ratio
0.33▲
2024 · 0.30
Debt / equity
3.92▲
2024 · 3.33
ROE
5.9%▼
2024 · 40.3%
ROA
1.2%▼
2024 · 9.3%
Interest coverage
5.98▼
2024 · 10.41
Debt
€4.60M▲
2024 · €3.74M
Debt ≤ 1 year
€761k▼
2024 · €819k
Debt > 1 year
€3.77M▲
2024 · €2.92M
Income taxes
€13k▲
2024 · €325
Staff costs
€593k▲
2024 · €499k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.87M€5.77M▲
Fixed assets21/28€4.62M€5.52M▲
Intangible fixed assets21€4k-
Tangible fixed assets22/27€4.62M€5.52M▲
Land and buildings22€1.40M€2.22M▲
Plant, machinery and equipment23€3.03M€2.65M▼
Furniture and vehicles24€107k€91k▼
Other tangible fixed assets26€74k€550k▲
Financial fixed assets28€600€600=
Current assets29/58€247k€258k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€16k€61k▲
Trade receivables40€3k€57k▲
Other amounts receivable41€13k€4k▼
Current investments50/53€150k€60k▼
Cash at bank and in hand54/58€75k€130k▲
Deferred charges and accrued income490/1€645€646▲
Equity and liabilities
Total equity and liabilities10/49€4.87M€5.77M▲
Equity10/15€1.12M€1.17M▲
Contributions10/11€174k€174k=
Reserves13€886k€936k▲
Non-distributable reserves130/1€17k€17k=
Reserves not available under the articles1311€17k€17k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€850k€900k▲
Profit (loss) carried forward14€65k€64k▼
Amounts payable17/49€3.74M€4.60M▲
Amounts payable after more than one year17€2.92M€3.77M▲
Financial debts170/4€1.93M€2.74M▲
Other amounts payable178/9€992k€1.03M▲
Amounts payable within one year42/48€819k€761k▼
Current portion of amounts payable after more than one year42€207k€269k▲
Trade debts44€262k€234k▼
Suppliers440/4€262k€234k▼
Taxes, remuneration and social security45€47k€94k▲
Taxes450/3€819€26k▲
Remuneration and social security454/9€46k€68k▲
Other amounts payable47/48€303k€164k▼
Accrued charges and deferred income492/3-€74k
Income statement
Code20242025
Non-recurring operating income76A€5k€837▼
Remuneration, social security and pensions62€499k€593k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€614k€877k▲
Other operating charges640/8€9k€9k▲
Gross operating margin9900€1.69M€1.75M▲
Operating profit (loss)9901€565k€273k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€113k€192k▲
Recurring financial charges65€113k€192k▲
Profit (loss) for the period before taxes9903€453k€82k▼
Income taxes67/77€325€13k▲
Profit (loss) for the period9904€453k€70k▼
Profit (loss) for the period to be appropriated9905€453k€70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€515k€135k▼
Profit (loss) brought forward from the previous period14P€62k€65k▲
Transfer to equity691/2€350k€50k▼
To other reserves6921€350k€50k▼
Profit to be distributed694/7€100k€21k▼
Return on contributions (dividend)694€100k-
Directors or managers695-€21k
Social balance
Average headcount (FTE)908714.414.5▲
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €1MEq €1.12M ▲45.7%
4 profitable years in a row build equity to €1.12M.
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €517k ▲359%
Operating result €604k, net result €517k, both a record.
30-09
Financial
Equity above €500kEq €772k ▲117%
3 profitable years in a row build equity to €772k.
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-47k ▼308%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Brugge · 2 establishment units since 2014
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.
Hoefijzerlaan 218000 BruggeGround area
1,461 m²
Building footprint
997 m²
Volume, LiDAR
11,475 m³
2 parcels, Flanders · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
The Golden Tree
since 20142.225.448.630
Hans memling hotel
since 20192.289.982.631
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D1270/00M000 | Flanders | 937 m² | 1 · 599 m² | 18.9 m · 4 fl. |
| 31805E1186/00N000 | Flanders | 524 m² | 1 · 398 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 219,832 EUR awarded · 128,160 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 49,581 EUR | 0 EUR |
| 2024 | 2 | 0 EUR | 128,160 EUR |
| 2023 | 1 | 70,456 EUR | 0 EUR |
| 2022 | 1 | 99,795 EUR | 0 EUR |
Schemes
Logiessubsidie: steun voor erkend toeristisch logies
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrugge2.225.448.630
Brugge2.289.982.631
Similar companies · same sector, comparable size
ICAPITAL
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BHINVEST
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TURNHOUT CITY HOTEL
BE 0480.036.964
Turnhout · Eq €1.17M
Nelson
BE 0427.611.929
Knokke-Heist · Eq €1.19M
Vefica
BE 0473.396.226
Turnhout · Eq €1.16M
Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 928 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-12-2013
Fiscal year end30-09
Activities, NACEBEL
55100Hotels and similar accommodation
56301Cafés and bars
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.