SABI
ActiveSABI has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €110k and a net result of €5k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▲+7
Solvency79▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.84 against 2.75 in 2023; short-term debt: 34.4% and cash: 11.6% of total assets), and 46.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
140 d late
2023
68 d late
2022
140 d late
2021
152 d late
2020
117 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€110k▲ 4.3%
2023 · €105k
2018: €88k
2019: €89k
2020: €99k
2021: €100k
2022: €104k
2023: €105k
2018 → 2024
Total assets
€205k▲ 2.7%
2023 · €199k
2018: €194k
2019: €228k
2020: €211k
2021: €209k
2022: €228k
2023: €199k
2018 → 2024
Net result
€5k▲ 256%
2023 · €1k
2018: €3k
2019: €1k
2020: €9k
2021: €1k
2022: €4k
2023: €1k
2018 → 2024
Working capital
€130k▲ 7.7%
2023 · €121k
2018: €78k
2019: €82k
2020: €92k
2021: €103k
2022: €133k
2023: €121k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€99k-€100k▲ 1.2%€104k▲ 3.9%€105k▲ 1.2%€110k▲ 4.3%
Operating result€15k-€8k▼ 42.8%€12k▲ 46.7%€9k▼ 23.9%€17k▲ 86.2%
Net result€9k-€1k▼ 87.1%€4k▲ 224%€1k▼ 67.2%€5k▲ 256%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 86% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €205k
Fixed assets
€4k▼ 54.7%
Current assets
€200k▲ 5.6%
Equity and liabilities €205k
Equity
€110k▲ 4.3%
Debt
€95k▲ 1.0%
The debt ratio falls from 47.2% to 46.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2023 · €14k
Cash flow
€10k▲
2023 · €6k
Solvency
53.6%▲
2023 · 52.8%
Current ratio
2.84▲
2023 · 2.75
Quick ratio
1.95▲
2023 · 1.71
Debt / equity
0.86▼
2023 · 0.89
ROE
4.2%▲
2023 · 1.2%
ROA
2.2%▲
2023 · 0.6%
Interest coverage
2.13▲
2023 · 1.46
Debt
€95k▲
2023 · €94k
Debt ≤ 1 year
€70k▲
2023 · €69k
Debt > 1 year
€24k▼
2023 · €25k
Income taxes
€3k▲
2023 · €-1k
Staff costs
€311▲
2023 · €0
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€199k€205k▲
Fixed assets21/28€10k€4k▼
Tangible fixed assets22/27€10k€4k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€8k€3k▼
Current assets29/58€190k€200k▲
Stocks and contracts in progress3€71k€63k▼
Stocks30/36€47k€42k▼
Contracts in progress37€24k€21k▼
Amounts receivable within one year40/41€106k€113k▲
Trade receivables40€93k€94k▲
Other amounts receivable41€14k€20k▲
Cash at bank and in hand54/58€3k€24k▲
Deferred charges and accrued income490/1€9k€532▼
Equity and liabilities
Total equity and liabilities10/49€199k€205k▲
Equity10/15€105k€110k▲
Contributions10/11€6k€6k=
Reserves13€96k€101k▲
Tax-exempt reserves132€1k€1k=
Distributable reserves133€95k€99k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€94k€95k▲
Amounts payable after more than one year17€25k€24k▼
Financial debts170/4€25k€24k▼
Amounts payable within one year42/48€69k€70k▲
Current portion of amounts payable after more than one year42€15k€7k▼
Financial debts43€18k€7k▼
Credit institutions430/8€18k€7k▼
Trade debts44€24k€31k▲
Suppliers440/4€24k€31k▲
Taxes, remuneration and social security45€172€205▲
Taxes450/3€172€205▲
Remuneration and social security454/9€0-
Other amounts payable47/48€12k€24k▲
Accrued charges and deferred income492/3€132€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€0€311▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€794€746▼
Gross operating margin9900€15k€24k▲
Operating profit (loss)9901€9k€17k▲
Financial income75/76B€595€974▲
Recurring financial income75€595€974▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€2€8k▲
Income taxes67/77€-1k€3k▲
Profit (loss) for the period9904€1k€5k▲
Profit (loss) for the period to be appropriated9905€1k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€7k▲
Profit (loss) brought forward from the previous period14P€2k€3k▲
Transfer to equity691/2€0€5k▲
To other reserves6921€0€5k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 140 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 140 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial
Equity above €100kEq €100k ▲1.2%
4 profitable years in a row build equity to €100k.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
31-12
Financial
Highest result since 2018net €9k ▲720%
Net result €9k, the highest in the series.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Weakest financial yearnet €1k ▼56.9%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 84 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
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, Lievegem · 1 establishment unit since 2003
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.
Meirlare 259930 LievegemGround area
4,825 m²
Building footprint
154 m²
Volume, LiDAR
858 m³
Parcel 44080A0643/00H000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SABI
since 20032.133.453.830
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080A0643/00H000 | Flanders | 4,825 m² | 1 · 154 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ZEHRA
BE 0760.480.097
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Boulangerie L’Alternative
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BOULANGERIE - PATISSERIE MAHAUX
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Of 4,229 companies in sector 10712 we hold annual accounts for 1,870. 1,598 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-2003
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:hugo.van.hee@telenet.be
Phone:0473927628