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SABAWOON 50

Active
Private limited companyfounded 2023active for 2 yearsDe Reinelaan 2, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 1002.003.664
Summary

The computed 12-month bankruptcy probability of SABAWOON 50 is 10.7% (high). The 2024 annual accounts show equity of €1,267 and a net result of -€733. Its solvency ranks better than 8% of 2,339 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Non-scheduled passenger transport by road
NACE 49320
1 site
Size
€8,999total assets 2024
Equity
€1,267
Loss
-€733
Turnover not published (micro format)
Financial health
29 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
10.7%
Structure
Accounts filed 57 days late1 of 2 deeds read
Why 29raises riskSector: Land transport and transport via pipelines (NACE 49)Latest accounts 70 days late; 2 of the last 3 late1 change of registered office in 24 monthsFounded in 2023Show the evidence

Checked score

Score 2024
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 10% of its sector peers (NACE 49, micro)
Financial strength
Weak
Solvency 39
equity 14.1% of total assets
Liquidity 3
short-term debt 85.9% · cash 0.2%
Profitability 17
return on assets -8.1%
Bankruptcy probability, 12 months
10.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,086 companies, NACE 49, micro)
Last 24 months 12-2024: 3.6%lowest value 01-2025: 3.7%▲ +0.1 percentage points vs 12-2024 02-2025: 3.8%▲ +0.1 percentage points vs 01-2025 03-2025: 4.2%▲ +0.4 percentage points vs 02-2025 04-2025: 4.2%● unchanged vs 03-2025 05-2025: 4.6%▲ +0.4 percentage points vs 04-2025 06-2025: 5.0%▲ +0.4 percentage points vs 05-2025 07-2025: 7.9%▲ +2.9 percentage points vs 06-2025 08-2025: 7.7%▼ -0.2 percentage points vs 07-2025 09-2025: 7.8%▲ +0.1 percentage points vs 08-2025 10-2025: 8.1%▲ +0.3 percentage points vs 09-2025 11-2025: 9.0%▲ +0.9 percentage points vs 10-2025 12-2025: 9.0%● unchanged vs 11-2025 01-2026: 9.0%● unchanged vs 12-2025 02-2026: 9.0%● unchanged vs 01-2026 03-2026: 9.0%● unchanged vs 02-2026 04-2026: 10.2%▲ +1.2 percentage points vs 03-2026 05-2026: 10.7%▲ +0.5 percentage points vs 04-2026 06-2026: 10.8%▲ +0.1 percentage points vs 05-2026 07-2026: 10.9%▲ +0.1 percentage points vs 06-2026 08-2026: 10.9%● unchanged vs 07-2026highest value 09-2026: 10.8%▼ -0.1 percentage points vs 08-2026 10-2026: 10.7%▼ -0.1 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.1, below the usual 1.5; short-term debt: 85.9% and cash: 0.2% of total assets), and 85.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 12% on solvency, 13% on liquidity, 13% on profitability and 1% on growth.

The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Latest accounts 70 days late; 2 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
57 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 57 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move

Key points

  • Caution: Among the weakest 9% on solvencysector median 39.0% · 2,339 companies -10.9% View
  • Total assets 2024first financial year filed €8,999 View
  • Active since 2023founded 07-11-2023 2 years View

By topic

Financials

Financial year
2024
Total assets
€8,999
Loss
-€733
Solvency
14.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Non-scheduled passenger transport by roadNACE 49320
Founded
07-11-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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