Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2021 to 2025 closed with a loss. 2024 was the heaviest.
Green is investment, beige is depreciation.
Four of the last ten came late. The 2020 accounts came latest: 42 days after the end of the period.
Lower solvency than 95% of companies in repair and installation of machinery. Sector median 45.4% · 1,800 companies.
In July 2024, 6,909 companies had the same profile as SABBE CONSTRUCT has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,909 companies, not a prediction for SABBE CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SABBE CONSTRUCT Izegem | €19,172 | -€3,443 | -27.7% | - |
| TECHNICS AND AUTOMATION Scherpenheuvel-Zichem | €19,857 | -€17,901 | 65.8% | - |
| UNDER PRESSURE Antwerp | €28,824 | -€4,126 | -270.1% | - |
| DK Engineering Wevelgem | €30,864 | -€3,588 | 100.0% | - |
| ESKER Lier | €21,898 | -€3,287 | 35.2% | - |
| Watt4you Braine-le-Château | €10,291 | -€4,096 | -557.0% | - |
| PNDA Châtelet | €42,957 | -€8,559 | 52.3% | - |
These companies have the same main activity as SABBE CONSTRUCT: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €10,300 and €43,000, founded between 2004 and 2014.
SABBE CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €30,280 in 2009 to -€3,443 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Lower than 95% of 1,800 companies in 2025.
Lower than 95% of 1,758 companies in 2025.
Higher than 5% of 1,765 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
19,172 | 16,292 | 24,036 | 30,078 | 52,401 | 62,960 | 63,624 | 73,005 | 81,369 | 110,872 | 80,708 | 95,923 | 89,968 | 107,859 | 153,619 | 54,827 | 62,989 | |
21/28 |
9,701 | 6,735 | 8,377 | 7,633 | 2,355 | 3,715 | 9,540 | 13,036 | 19,560 | 23,023 | 449 | 4,789 | 8,973 | 2,845 | 7,143 | 10,998 | 14,380 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 217 | 417 | 617 | |
22/27 |
8,066 | 5,100 | 6,742 | 5,998 | 720 | 2,080 | 7,905 | 13,036 | 19,560 | 23,023 | 449 | 4,789 | 8,973 | 2,845 | 6,926 | 10,082 | 13,763 | |
22 |
4,816 | 5,100 | 5,384 | 5,668 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
23 |
- | - | 1,358 | 329 | 720 | 1,414 | 604 | - | 189 | 378 | 321 | 3,917 | 7,357 | 2,335 | 2,931 | 2,399 | 2,393 | |
24 |
3,250 | - | - | - | - | 666 | 1,640 | 1,714 | 2,388 | 0 | 127 | 872 | 1,616 | 509 | 3,995 | 7,683 | 11,370 | |
28 |
1,635 | 1,635 | 1,635 | 1,635 | 1,635 | 1,635 | 1,635 | - | - | - | - | - | - | - | - | 500 | - | |
29/58 |
9,472 | 9,557 | 15,659 | 22,445 | 50,046 | 59,246 | 54,083 | 59,969 | 61,809 | 87,849 | 80,259 | 91,134 | 80,995 | 105,015 | 146,476 | 43,828 | 48,609 | |
40/41 |
1,245 | 2,295 | 14,131 | 20,488 | 36,583 | 36,001 | 44,816 | 53,669 | 44,386 | 43,982 | 76,655 | 88,949 | 80,995 | 48,559 | 127,379 | 38,607 | 39,362 | |
40 |
1,245 | 2,295 | 12,033 | 20,488 | 34,306 | 35,421 | 44,816 | 53,669 | 44,386 | 32,172 | 63,745 | 86,359 | 65,628 | 43,434 | 94,489 | 34,765 | 37,489 | |
41 |
- | - | 2,098 | - | 2,276 | 580 | - | - | - | 11,811 | 12,909 | 2,590 | 15,367 | 5,125 | 32,890 | 3,841 | 1,873 | |
54/58 |
7,724 | 5,476 | 552 | 1,957 | 7,552 | 16,573 | 7,903 | 6,300 | 15,514 | 42,798 | 3,044 | 2,185 | - | 543 | 19,097 | 5,221 | 9,247 | |
490/1 |
504 | 1,787 | 976 | - | 5,911 | 6,672 | 1,364 | - | 1,910 | 1,068 | 560 | - | - | 55,913 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
19,172 | 16,292 | 24,036 | 30,078 | 52,401 | 62,960 | 63,624 | 73,005 | 81,369 | 110,872 | 80,708 | 95,923 | 89,968 | 107,859 | 153,619 | 54,827 | 62,989 | |
10/15 |
-5,309 | -781 | 13,576 | 27,469 | 36,992 | 49,455 | 46,036 | 43,530 | 50,980 | 54,674 | 53,980 | 46,827 | 53,761 | 45,334 | 42,252 | 11,112 | 8,158 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,500 | 12,500 | 12,500 | 12,500 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 6,100 | 6,100 | 6,100 | 6,100 | |
13 |
20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,610 | 20,000 | 18,750 | - | - | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,250 | - | - | - | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | - | - | |
133 |
1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-44,519 | -39,991 | -25,634 | -11,741 | -2,218 | 10,245 | 6,826 | 4,320 | 11,770 | 15,464 | 14,770 | 7,617 | 14,551 | 12,834 | 11,002 | -1,388 | -4,342 | |
16 |
- | - | - | - | - | - | - | - | - | 26,000 | 26,000 | 26,000 | 26,000 | 49,287 | 56,587 | 23,287 | 17,500 | |
160/5 |
- | - | - | - | - | - | - | - | - | 26,000 | 26,000 | 26,000 | 26,000 | 49,287 | 56,587 | 23,287 | 17,500 | |
164/5 |
- | - | - | - | - | - | - | - | - | 26,000 | - | - | - | - | - | - | - | |
17/49 |
24,482 | 17,073 | 10,460 | 2,609 | 15,409 | 13,505 | 17,588 | 29,475 | 30,389 | 30,197 | 727 | 23,096 | 10,208 | 13,239 | 54,781 | 20,428 | 37,331 | |
17 |
- | - | - | - | - | - | 3,707 | 9,478 | 15,070 | 20,664 | - | - | - | - | 15,573 | 748 | 9,475 | |
170/4 |
- | - | - | - | - | - | 3,707 | 9,478 | 15,070 | 20,664 | - | - | - | - | 15,573 | 748 | 9,475 | |
42/48 |
24,482 | 17,073 | 10,460 | 2,070 | 15,409 | 13,505 | 13,881 | 19,996 | 15,314 | 9,534 | 727 | 23,096 | 10,208 | 13,239 | 39,207 | 19,680 | 27,856 | |
42 |
- | - | - | - | - | 3,707 | 5,772 | 5,591 | 5,594 | 5,418 | - | - | - | - | 5,068 | 8,727 | 8,290 | |
44 |
- | 2,073 | 1,582 | 195 | 5,728 | 3,466 | 1,028 | 9,517 | 4,454 | 3,048 | 686 | 22,830 | 4,236 | 4,604 | 20,677 | 6,970 | 1,285 | |
440/4 |
- | 2,073 | 1,582 | 195 | 5,728 | 3,466 | 1,028 | 9,517 | 4,454 | 3,048 | 686 | 22,830 | 4,236 | 4,604 | 20,677 | 6,970 | 1,285 | |
45 |
2,632 | 2,647 | 617 | 587 | 1,468 | 1,504 | 2,118 | 1,323 | 236 | 1,067 | 41 | 266 | 5,972 | 8,635 | 8,274 | 349 | 159 | |
450/3 |
2,632 | 2,647 | 617 | 587 | 1,468 | 1,504 | 2,118 | 1,323 | 236 | 636 | 41 | 266 | 2,952 | 8,635 | 8,274 | 349 | 159 | |
454/9 |
- | - | - | - | - | - | - | - | - | 432 | - | - | 3,020 | - | - | - | - | |
47/48 |
21,850 | 12,352 | 8,261 | 1,287 | 8,213 | 4,829 | 4,964 | 3,565 | 5,031 | - | - | - | - | - | 5,188 | 3,634 | 18,123 | |
492/3 |
- | - | - | 539 | - | - | - | - | 6 | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 172,712 | 106,479 | 202,203 | |
76A |
- | - | - | - | 242 | 52 | - | - | 26,000 | - | - | 5,000 | 31,287 | 8,490 | - | - | - | |
9900 |
-3,443 | -11,749 | -11,806 | -7,870 | -8,427 | 27,556 | 10,960 | 2,511 | 4,760 | 37,374 | 30,212 | -6,843 | 12,919 | 3,123 | 85,077 | 16,809 | 30,280 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 87,635 | 89,670 | 173,777 | |
62 |
- | - | - | - | - | 33 | - | 65 | 46 | 72 | - | - | - | 87 | - | - | 286 | |
630 |
284 | 284 | 842 | 409 | 993 | 6,999 | 6,937 | 6,524 | 6,524 | 6,299 | 4,340 | 4,617 | 4,473 | 2,181 | 5,142 | 5,267 | 9,670 | |
631/4 |
- | - | - | - | - | - | - | - | - | 29,040 | 14,520 | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 33,300 | 5,787 | 17,500 | |
640/8 |
705 | 1,048 | 638 | 1,076 | 2,494 | 1,108 | 535 | 1,490 | 1,140 | 1,396 | 152 | 399 | 36,558 | 1,059 | 2,072 | 1,412 | 2,633 | |
66A |
- | 1,358 | - | - | 366 | - | - | - | - | - | - | - | - | 2,980 | - | - | - | |
9901 |
-4,432 | -14,439 | -13,285 | -9,355 | -12,281 | 19,415 | 3,488 | -5,568 | -2,950 | 567 | 11,201 | -11,859 | -28,113 | -204 | 44,563 | 4,344 | 191 | |
75/76B |
- | 203 | 67 | 96 | 152 | 0 | 366 | 57 | 1 | 1,048 | 521 | 1 | 669 | 311 | 1,089 | 6 | 1 | |
75 |
- | 203 | 67 | 96 | 152 | 0 | 366 | 57 | 1 | 1,048 | 521 | 1 | 669 | 311 | 1,089 | 6 | 1 | |
65/66B |
96 | 120 | 511 | 78 | 201 | 12,601 | 1,102 | 1,765 | 656 | 358 | 4,528 | 75 | 1,645 | 1,159 | 1,597 | 1,396 | 4,534 | |
65 |
96 | 120 | 511 | 78 | 201 | 12,601 | 1,102 | 1,765 | 656 | 358 | 4,528 | 75 | 1,645 | 1,159 | 1,597 | 1,396 | 4,534 | |
9903 |
-4,529 | -14,357 | -13,729 | -9,336 | -12,329 | 6,815 | 2,752 | -7,276 | -3,606 | 1,257 | 7,194 | -6,933 | 2,197 | 4,459 | 44,055 | 2,953 | -4,342 | |
67/77 |
- | - | 163 | 187 | 134 | 3,395 | 246 | 174 | 88 | 563 | 41 | 0 | 240 | 1,376 | 7,915 | - | 0 | |
9904 |
-4,529 | -14,357 | -13,893 | -9,523 | -12,463 | 3,419 | 2,506 | -7,450 | -3,694 | 694 | 7,153 | -6,933 | 1,957 | 3,082 | 36,140 | 2,953 | -4,342 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,750 | - | - | |
9905 |
-4,529 | -14,357 | -13,893 | -9,523 | -12,463 | 3,419 | 2,506 | -7,450 | -3,694 | 694 | 7,153 | -6,933 | 1,957 | 3,082 | 17,390 | 2,953 | -4,342 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-44,519 | -39,991 | -25,634 | -11,741 | -2,218 | 10,245 | 6,826 | 4,320 | 11,770 | 15,464 | 14,770 | 7,617 | 14,791 | 14,084 | 16,002 | -1,388 | -4,342 | |
14P |
-39,991 | -25,634 | -11,741 | -2,218 | 10,245 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 610 | 1,250 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 610 | 1,250 | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00245572 | |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00361312 | |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00281328 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00348238 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20253900 | |
| 31-12-2020 | micro format | 11-09-2021 | 2021-67000118 | |
| 31-12-2019 | micro format | 14-07-2020 | 2020-29700338 | |
| 31-12-2018 | micro format | 02-08-2019 | 2019-43500322 | |
| 31-12-2017 | micro format | 06-08-2018 | 2018-44000316 | |
| 31-12-2016 | micro format | 25-07-2017 | 2017-37900243 | |
| 31-12-2015 | abbreviated format | 02-08-2016 | 2016-40400558 | |
| 31-12-2014 | abbreviated format | 28-07-2015 | 2015-38000120 | |
| 31-12-2013 | abbreviated format | 05-08-2014 | 2014-39700461 | |
| 31-12-2012 | abbreviated format | 16-08-2013 | 2013-44200320 | |
| 31-12-2011 | abbreviated format | 23-03-2013 | 2013-07300445 | |
| 31-12-2010 | abbreviated format | 06-02-2012 | 2012-02700043 | |
| 31-12-2009 | abbreviated format | 14-10-2010 | 2010-57900420 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4,148 | -14,155 | -12,444 | -8,946 | -11,287 | 26,414 | 10,425 | 956 | 3,574 | 6,866 | 15,540 | -7,242 | -23,640 | 1,977 | 49,704 | 9,610 | 9,861 | ||
| -4,244 | -14,073 | -13,051 | -9,114 | -11,470 | 10,419 | 9,443 | -926 | 2,830 | 6,993 | 11,493 | -2,316 | 6,430 | 5,263 | 41,282 | 8,220 | 5,328 | ||
| 3,250 | -1,358 | 1,586 | 5,686 | -366 | 1,174 | 3,442 | 0 | 3,062 | 28,306 | 0 | 432 | 10,601 | -2,117 | 1,786 | 1,885 | 23,872 | ||
| 2,248 | 4,924 | -1,405 | -5,596 | -9,020 | 8,670 | 1,603 | -9,214 | -27,284 | 39,754 | 859 | - | - | -18,554 | 13,876 | -4,026 | - | ||
| -15,010 | -7,515 | 5,199 | 20,376 | 34,637 | 45,740 | 40,202 | 39,972 | 46,495 | 78,315 | 79,531 | 68,039 | 70,787 | 91,776 | 107,269 | 24,148 | 20,753 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25.8% | 4.1% | 0.1% | ||
| -27.7% | -4.8% | 56.5% | 91.3% | 70.6% | 78.5% | 72.4% | 59.6% | 62.7% | 49.3% | 66.9% | 48.8% | 59.8% | 42.0% | 27.5% | 20.3% | 13.0% | ||
| 0.39 | 0.56 | 1.50 | 10.84 | 3.25 | 4.39 | 3.90 | 3.00 | 4.04 | 9.21 | - | 3.95 | 7.93 | 7.93 | 3.74 | 2.23 | 1.74 | ||
| - | - | 0.77 | 0.09 | 0.42 | 0.27 | 0.38 | 0.68 | 0.60 | 0.55 | 0.01 | 0.49 | 0.19 | 0.29 | 1.30 | 1.84 | 4.58 | ||
| - | - | -102.3% | -34.7% | -33.7% | 6.9% | 5.4% | -17.1% | -7.2% | 1.3% | 13.3% | -14.8% | 3.6% | 6.8% | 85.5% | 26.6% | -53.2% | ||
| -23.6% | -88.1% | -57.8% | -31.7% | -23.8% | 5.4% | 3.9% | -10.2% | -4.5% | 0.6% | 8.9% | -7.2% | 2.2% | 2.9% | 23.5% | 5.4% | -6.9% | ||
| -43.07 | -117.58 | -24.37 | -114.97 | -56.22 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 200 days | 119 days | 68 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 86 days | 28 days | 3 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,250 | - | €1,586 | €5,686 | - |
| €284 | €284 | €842 | €409 | €993 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €4,432, smaller than the loss of €14,439 in 2024.
Equity is negative. Debt (€24,482) exceeds the balance-sheet total (€19,172).
SABBE CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. SABBE CONSTRUCT shares no director with another company.
| Casert, Petra (sole trader)
establishment since 01-07-2013 |
founded in 2013 0525.692.884 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| SABBE CONSTRUCT BVBA registered office Meensesteenweg 118, 8870 Izegem 3312003 Repair and maintenance of machinery | 03-03-2008 | 2.168.949.692 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36494D1287/00B003 | 765 m² | 1 · 452 m² | 10.4 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0895.858.742
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