Skip to content

SABIKO

Active
Cooperative companyfounded 200619 yrs activeMoeshofstraat 104-106, 2170 Antwerpen, BelgiumKBO/BCE: BE 0884.878.738
Summary

SABIKO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,424 and a net result of €26,923. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability42▲+3
Solvency28▲+2
Growth38=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.01 in 2024; short-term debt: 96.6% and cash: 4.1% of total assets), and 96.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3.4%
Return on assets
2%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 8161 sector peers (2025).
NBB · sector comparison
Position among 8161 sector peers
Solvency
better than 13%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €46,424
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
10 d early
2023
114 d late
2022
20 d early
2021
4 d early
2020
2 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 21 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SABIKO was incorporated on 9 November 2006.1 Total assets fell from EUR 4.3 million in 2019 to EUR 1.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Turnover
€5.6m▼ 50.4%
2019 · €11.3m
EBIT margin
-0.3%▼ 0.4pp
2019 · 0.0%
Net result
€26,923▲ 270%
2024 · €7,283
Working capital
€46,424▲ 199%
2024 · €15,501
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result-€20,042▼ 13.9%€4,266-€3,802€5,420€27,499▲ 407%
Net result-€20,323below the sector's middle half▼ 7.8%€2,414below the sector's middle half-€4,840below the sector's middle half€7,283within the sector's middle half€26,923within the sector's middle half▲ 270%
EBIT margin
Equity€23,030below the sector's middle half▼ 46.9%€25,444below the sector's middle half▲ 10.5%€8,217below the sector's middle half▼ 67.7%€15,501below the sector's middle half▲ 88.6%€46,424below the sector's middle half▲ 199%
Total assets€1.5mwithin the sector's middle half▲ 19.3%€1.1mwithin the sector's middle half▼ 26.0%€1.4mwithin the sector's middle half▲ 24.6%€1.7mwithin the sector's middle half▲ 25.6%€1.4mwithin the sector's middle half▼ 20.6%
Debt€1.5m▲ 21.7%€1.1m▼ 26.6%€1.4m▲ 26.8%€1.7m▲ 25.2%€1.3m▼ 22.6%
Working capital€23,030below the sector's middle half▼ 46.9%€25,444below the sector's middle half▲ 10.5%€8,217below the sector's middle half▼ 67.7%€15,501below the sector's middle half▲ 88.6%€46,424within the sector's middle half▲ 199%
Solvency1.6%below the sector's middle half▼ 1.9pp2.3%below the sector's middle half▲ 0.8pp0.6%below the sector's middle half▼ 1.7pp0.9%below the sector's middle half▲ 0.3pp3.4%below the sector's middle half▲ 2.5pp
Current ratio1.02below the sector's middle half▼ 0.021.02below the sector's middle half▲ 0.011.01below the sector's middle half▼ 0.021.01below the sector's middle half=1.04below the sector's middle half▲ 0.03
Return on assets (ROA)-1.4%below the sector's middle half▲ 0.1pp0.2%below the sector's middle half▲ 1.6pp-0.4%below the sector's middle half▼ 0.6pp0.4%within the sector's middle half▲ 0.8pp2.0%within the sector's middle half▲ 1.6pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: -€20,042-€20,042Net result 2021: -€20,323-€20,323Operating result 2022: €4,266€4,266Net result 2022: €2,414€2,414Operating result 2023: -€3,802-€3,802Net result 2023: -€4,840-€4,840Operating result 2024: €5,420€5,420Net result 2024: €7,283€7,283Operating result 2025: €27,499€27,499Net result 2025: €26,923€26,92320212022202320242025-€10,000€0€10,000€20,000€30,000Operating result 2023: -€3,802-€3,800Net result 2023: -€4,840-€4,840Operating result 2024: €5,420€5,420Net result 2024: €7,283€7,280Operating result 2025: €27,499€27,500Net result 2025: €26,923€26,900202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 407% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.4m
Equity €46,424 ▲ 199%
Debt €1.3m ▼ 22.6%
Debt's share of the balance-sheet total falls from 99.1% to 96.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
28.38
ROE
58.0%▲
2024 · 47.0%
Debt ≤ 1 year
€1.3m▼
2024 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,448 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.0% went bankrupt
2.1% stopped otherwise
96% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.4m▼
Current assets29/58€1.7m€1.4m▼
Amounts receivable within one year40/41€1.7m€1.3m▼
Trade receivables40€1.7m€1.3m▼
Other amounts receivable41€14,320€8,268▼
Cash at bank and in hand54/58€52,057€55,896▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.4m▼
Equity10/15€15,501€46,424▲
Contributions10/11€15,613€19,613▲
Reserves13€3,200€26,811▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€3,200€26,811▲
Profit (loss) carried forward14-€3,312€0▲
Amounts payable17/49€1.7m€1.3m▼
Amounts payable within one year42/48€1.7m€1.3m▼
Trade debts44€1.7m€1.3m▼
Suppliers440/4€1.7m€1.3m▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€6,193€0▼
Income statement Code20242025
Other operating charges640/8€118€120▲
Gross operating margin9900€5,538€27,619▲
Operating profit (loss)9901€5,420€27,499▲
Financial income75/76B€2,823€0▼
Recurring financial income75€2,823€0▼
Financial charges65/66B€959€576▼
Recurring financial charges65€959€576▼
Profit (loss) for the period before taxes9903€7,283€26,923▲
Profit (loss) for the period9904€7,283€26,923▲
Profit (loss) for the period to be appropriated9905€7,283€26,923▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,312€23,611▲
Profit (loss) brought forward from the previous period14P-€10,596-€3,312▲
Transfer to equity691/2-€23,611
To other reserves6921-€23,611

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€102€109€118€120▲ 1.7%
Gross operating margin9900-€19,843€4,368-€3,693€5,538€27,619▲ 399%
Operating profit (loss)9901-€20,042€4,266-€3,802€5,420€27,499▲ 407%
Financial income75/76B-€2-€2,823€0▼ 100%
Recurring financial income75€0€2-€2,823€0▼ 100%
Financial charges65/66B-€1,854€1,038€959€576▼ 39.9%
Recurring financial charges65€478€1,854€1,038€959€576▼ 39.9%
Profit (loss) for the period before taxes9903-€20,520€2,414-€4,840€7,283€26,923▲ 270%
Income taxes67/77-€197-----
Profit (loss) for the period9904-€20,323€2,414-€4,840€7,283€26,923▲ 270%
Profit (loss) for the period to be appropriated9905-€20,323€2,414-€4,840€7,283€26,923▲ 270%
Line20212022202320242025Change
Assets
Total assets20/58€1.5m€1.1m€1.4m€1.7m€1.4m▼ 20.6%
Current assets29/58€1.5m€1.1m€1.4m€1.7m€1.4m▼ 20.6%
Amounts receivable within one year40/41€1.4m€1.1m€1.4m€1.7m€1.3m▼ 21.5%
Trade receivables40-€998,277€1.3m€1.7m€1.3m▼ 21.3%
Other amounts receivable41-€57,316€15,919€14,320€8,268▼ 42.3%
Cash at bank and in hand54/58€78,085€42,556€16,290€52,057€55,896▲ 7.4%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.1m€1.4m€1.7m€1.4m▼ 20.6%
Equity10/15€23,030€25,444€8,217€15,501€46,424▲ 199%
Contributions10/11-€28,000€15,613€15,613€19,613▲ 25.6%
Reserves13€3,200€3,200€3,200€3,200€26,811▲ 738%
Non-distributable reserves130/1-€3,200€3,200€0--
Reserves not available under the articles1311-€3,200€3,200€0--
Distributable reserves133---€3,200€26,811▲ 738%
Profit (loss) carried forward14-€8,170-€5,756-€10,596-€3,312€0▲ 100%
Amounts payable17/49€1.5m€1.1m€1.4m€1.7m€1.3m▼ 22.6%
Amounts payable within one year42/48€1.5m€1.1m€1.4m€1.7m€1.3m▼ 22.6%
Trade debts44€1.5m€1.0m€1.3m€1.7m€1.3m▼ 22.3%
Suppliers440/4-€1.0m€1.3m€1.7m€1.3m▼ 22.3%
Taxes, remuneration and social security45-€42,496€496€0--
Taxes450/3-€42,496€496€0--
Other amounts payable47/48--€12,387€6,193€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904-€20,323€2,414-€4,840€7,283€26,923▲ 270%
Operating cash flow (approximation)-€20,323€2,414-€4,840€7,283€26,923▲ 270%
Change in cash--€35,529-€26,266€35,767€3,839▼ 89.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
22-05
State Gazette act Demerger · Real estate
Accounting effect · Auditor appointment
22-05
State Gazette act Merger · Real estate
Accounting effect · Auditor appointment
22-05
State Gazette act Demerger · Real estate
Accounting effect · Auditor appointment
20-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial Highest result since 2019net €26,923 ▲270%
Operating result €27,499, net result €26,923, both a record.
21-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Back to profitnet €7,283
Net result €7,283 after one loss-making year.
24-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 114 days late
2023
11-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Back to profitnet €2,414
Net result €2,414 after 2 loss-making years.
27-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Weakest financial yearnet -€20,323
Net result drops to -€20,323, the lowest in the series; recovery starts the following year.
Show earlier events
29-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
30-11
NBB filing Annual accounts filed
fiscal year 2017 · full schema
02-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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, Antwerpen · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
186 m²
Building footprint
186 m²
Volume, LiDAR
1,381 m³
Parcel 11422C0131/00R008, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sabiko
Moeshofstraat 104-106, 2170 AntwerpenNACE 5134001
since 20062.157.478.057
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11422C0131/00R008 Flanders 185 m² 1 · 185 m² 11.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

No owner stated in the accounts, acts or LEI register we read.

Holdings 1

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.157.478.057
1 permission
Trader · since 06-03-2014

Similar companies · same sector, comparable size

Of 1,583 companies in sector 46349 we hold annual accounts for 991. 597 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formCooperative company
Founded09-11-2006
Fiscal year end30-06
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
E-invoicing
Reachable via Peppol
Peppol ID 0208:0884878738
Also 9925:BE0884878738
Registered 09-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.