SABELCO
ActiveSummary
For SABELCO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €6k and a net result of €-26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 15225 sector peers (fiscal year 2023). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability1▲+1
Solvency28▼-14
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
3.3%
Return on assets
-14.2%
Age of the figures
33 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 11-09-2024, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
42 d late
2022
32 d late
2021
4 d early
2020
1 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-26k▲ 9.8%
2022 · €-29k
2018: €-30k
2019: €-32k
2020: €-30k
2021: €64k
2022: €-29k
2018 → 2023
Working capital
€-22k▼ 5,952%
2022 · €-367
2018: €-9k
2019: €-31k
2020: €-53k
2021: €20k
2022: €-367
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€27k-€-3k€62k€32k▼ 47.4%€6k▼ 81.3%
Operating result€-23k-€-22k▲ 5.5%€65k€-29k€-26k▲ 9.3%
Net result€-32k-€-30k▲ 5.1%€64k€-29k€-26k▲ 9.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2023 against €29k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €186k
Fixed assets
€28k ▼ 13.8%
Current assets
€158k ▲ 0.7%
Equity and liabilities €186k
Equity
€6k ▼ 81.3%
Debt
€180k ▲ 14.7%
Debt's share of the balance-sheet total rises from 82.9% to 96.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-21k▼
2022 · €-20k
Cash flow
€-22k▼
2022 · €-21k
Current ratio
0.88▼
2022 · 1.00
Quick ratio
0.09▲
2022 · 0.08
Debt to equity
29.61▲
2022 · 4.84
ROE
-434.0%▼
2022 · -90.1%
ROA
-14.2%▲
2022 · -15.4%
Interest coverage
-66.85▼
2022 · -38.30
Debt ≤ 1 year
€180k▲
2022 · €157k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 38 lines
Balance sheet
Code20222023
Assets
Total assets20/58€189k€186k▼
Fixed assets21/28€33k€28k▼
Tangible fixed assets22/27€33k€28k▼
Land and buildings22€33k€28k▼
Current assets29/58€156k€158k▲
Stocks and contracts in progress3€143k€141k▼
Stocks30/36€143k€141k▼
Amounts receivable within one year40/41€12k€15k▲
Trade receivables40€12k€13k▲
Other amounts receivable41€697€2k▲
Cash at bank and in hand54/58€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€189k€186k▼
Equity10/15€32k€6k▼
Contributions10/11€117k€117k=
Capital10€117k€117k=
Issued capital100€117k€117k=
Reserves13€12k€12k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k-
Reserves not available under the articles1311-€12k
Profit (loss) carried forward14€-96k€-123k▼
Amounts payable17/49€157k€180k▲
Amounts payable within one year42/48€157k€180k▲
Financial debts43€115k€127k▲
Other loans439€115k€127k▲
Trade debts44€42k€53k▲
Suppliers440/4€42k€53k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€5k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-18k€-19k▼
Operating profit (loss)9901€-29k€-26k▲
Financial charges65/66B€522€322▼
Recurring financial charges65€522€322▼
Profit (loss) for the period before taxes9903€-29k€-26k▲
Profit (loss) for the period9904€-29k€-26k▲
Profit (loss) for the period to be appropriated9905€-29k€-26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-96k€-123k▼
Profit (loss) brought forward from the previous period14P€-67k€-96k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €64k
Net result €64k after 3 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
03-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Braine-l'Alleud · 1 establishment unit since 1980
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.
Rue de la Croix 12-141420 Braine-l'AlleudGround area
367 m²
Building footprint
173 m²
Parcel 25742A0800/00_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Croix 12 1, 1420 Braine-l'Alleud
since 19802.017.791.822
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742A0800/00_000indicative | Wallonia | 367 m² | 1 · 173 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
COPROSPECT
BE 0791.674.507
Villers-le-Bouillet · Eq €6,103
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BE 0820.780.445
Lommel · Eq €6,405
SAIL Management
BE 0889.627.976
Braives · Eq €7,070
TOP TREE MANAGEMENT
BE 0636.895.961
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Mildafru
BE 0741.545.006
Heers · Eq €7,269
Of 408 companies in sector 46110 we hold annual accounts for 172. 48 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-07-1980
Fiscal year end31-12
Activities, NACEBEL 2025
46110Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.