SABJO
ActiveSummary
The computed 12-month bankruptcy probability of SABJO is 3.9% (moderate). The 2025 annual accounts show negative equity (€-10k) and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
14
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-24
Growth32=
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 0.93 in 2024; short-term debt: 133.2% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-45.5%
Return on assets
-44.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-10k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 5 filingsDeviation from the deadline
2025
30 d late
2024
31 d late
2023
30 d late
2022
19 d late
2021
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-10k▼ 3,181%
2024 · €-291
2021: €9k
2022: €12k
2023: €9k
2024: €-291
2021 → 2025
Total assets
€21k▼ 13.8%
2024 · €24k
2021: €25k
2022: €46k
2023: €33k
2024: €24k
2021 → 2025
Net result
€-9k▲ 2.1%
2024 · €-9k
2021: €3k
2022: €2k
2023: €-2k
2024: €-9k
2021 → 2025
Working capital
€-10k▼ 591%
2024 · €-2k
2021: €9k
2022: €11k
2023: €11k
2024: €-2k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€12k▲ 23.8%€9k▼ 20.4%€-291€-10k▼ 3,181%
Operating result€5k-€3k▼ 30.1%€-2k€-9k▼ 432%€-9k▲ 3.6%
Net result€3k-€2k▼ 28.6%€-2k€-9k▼ 303%€-9k▲ 2.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€3k ▼ 30.2%
Current assets
€18k ▼ 9.7%
Key figures and ratios
EBITDA
€-8k▲
2024 · €-8k
Cash flow
€-8k▲
2024 · €-8k
Solvency
-45.5%▼
2024 · -1.2%
Current ratio
0.63▼
2024 · 0.93
Quick ratio
0.55▼
2024 · 0.83
Debt to equity
-3.20
ROA
-44.1%▼
2024 · -38.8%
Interest coverage
-10.12▲
2024 · -11.08
Debt
€31k▲
2024 · €25k
Debt ≤ 1 year
€28k▲
2024 · €21k
Debt > 1 year
€3k▼
2024 · €4k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€24k€21k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€19k€18k▼
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€11k€15k▲
Trade receivables40€9k€15k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€6k€29▼
Deferred charges and accrued income490/1€375€243▼
Equity and liabilities
Total equity and liabilities10/49€24k€21k▼
Equity10/15€-291€-10k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-6k€-16k▼
Amounts payable17/49€25k€31k▲
Amounts payable after more than one year17€4k€3k▼
Financial debts170/4€4k€3k▼
Amounts payable within one year42/48€21k€28k▲
Current portion of amounts payable after more than one year42€1k€2k▲
Trade debts44€13k€14k▲
Suppliers440/4€13k€14k▲
Taxes, remuneration and social security45€3k€411▼
Taxes450/3€527€411▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€4k€12k▲
Accrued charges and deferred income492/3-€62
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A-€100
Gross operating margin9900€-7k€-6k▲
Operating profit (loss)9901€-9k€-9k▲
Financial income75/76B€634€497▼
Recurring financial income75€634€497▼
Financial charges65/66B€745€752▲
Recurring financial charges65€745€752▲
Profit (loss) for the period before taxes9903€-9k€-9k▲
Profit (loss) for the period9904€-9k€-9k▲
Profit (loss) for the period to be appropriated9905€-9k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-16k▼
Profit (loss) brought forward from the previous period14P€3k€-6k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
19-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 19 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
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, Houthalen-Helchteren · 1 establishment unit since 2020
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.
Herebaan-Oost 1343530 Houthalen-HelchterenGround area
189 m²
Building footprint
97 m²
Volume, LiDAR
434 m³
Parcel 72452E0393/00V000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SABJO Pleisterwerken
since 20202.310.724.991
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72452E0393/00V000 | Flanders | 189 m² | 1 · 97 m² | 7.6 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.
Similar companies · same sector, comparable size
Eigenaardig
BE 1001.813.921
Grobbendonk · Eq €9,146
QUALITY PLÂTRE
BE 0644.852.139
Bernissart · Eq €9,059
MANÉ CONTRUCT
BE 0803.131.393
Antwerpen · Eq €9,280
DIEPENBEEKS STUKADOORSBEDRIJF
BE 0477.628.790
Bilzen-Hoeselt · Eq €9,283
M&LS CONSTRUCT
BE 1018.414.678
Vilvoorde · Eq €9,321
Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 1,027 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 formPrivate limited company
Founded16-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.