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SABLITRANS

Active
Public limited companyfounded 196363 yrs activeRue de l' Etang 18, 1315 Incourt, BelgiumKBO/BCE: BE 0400.655.728
Summary

SABLITRANS has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€42,372) and a net result of -€1,646. Equity is shrinking by ~5.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability36▼-1
Solvency9=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.86 against 0.87 in 2024; short-term debt: 116.2% and cash: 0% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 63 years 0 70 y
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 2025
Solvency, return and age of the figures
Solvency
-16.2%
Return on assets
-0.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819232425
2018 to 2025 · latest year -€42,372
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 · 10 filings
Deviation from the deadline
2025
30 d late
2024
30 d late
2023
61 d late
2019
32 d early
2018
36 d early
2017
39 d early
2016
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 30 August (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

SABLITRANS was incorporated on 16 August 1963.1 Total assets went from EUR 263,364 in 2018 to EUR 262,313 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,646▼ 68.4%
2024 · -€978
Working capital
-€42,372▼ 4.0%
2024 · -€40,726
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202320242025
Operating result-€4,820--€3,400▲ 29.5%€8,100--€817-€1,480▼ 81.1%
Net result-€3,225--€2,921▲ 9.4%€8,037--€978-€1,646▼ 68.4%
Equity-€26,773--€29,694▼ 10.9%-€39,748--€40,726▼ 2.5%-€42,372▼ 4.0%
Total assets€263,364-€266,160▲ 1.1%€262,311-€262,314=€262,313=
Debt€290,137-€295,854▲ 2.0%€302,059-€303,039▲ 0.3%€304,685▲ 0.5%
Working capital-€23,544--€27,919▼ 18.6%-€39,748--€40,726▼ 2.5%-€42,372▼ 4.0%
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2018: -€4,820-€4,820Net result 2018: -€3,225-€3,225Operating result 2019: -€3,400-€3,400Net result 2019: -€2,921-€2,921Operating result 2023: €8,100€8,100Net result 2023: €8,037€8,037Operating result 2024: -€817-€817Net result 2024: -€978-€978Operating result 2025: -€1,480-€1,480Net result 2025: -€1,646-€1,64620182019202320242025-€2,500€0€2,500€5,000€7,500Operating result 2023: €8,100€8,100Net result 2023: €8,037€8,040Operating result 2024: -€817-€817Net result 2024: -€978-€978Operating result 2025: -€1,480-€1,480Net result 2025: -€1,646-€1,650202320242025
The operating result stays negative: a loss of €1,480 in 2025 against €817 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Solvency
-16.2%▼
2024 · -15.5%
Current ratio
0.86▼
2024 · 0.87
Debt to equity
-7.19▲
2024 · -7.44
ROA
-0.6%▼
2024 · -0.4%
Debt ≤ 1 year
€304,685▲
2024 · €303,039
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 1.8%
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 2,795 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 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€262,314€262,313=
Current assets29/58€262,314€262,313=
Amounts receivable within one year40/41€262,311€262,311=
Other amounts receivable41€262,311€262,311=
Cash at bank and in hand54/58€3€2▼
Equity and liabilities
Total equity and liabilities10/49€262,314€262,313=
Equity10/15-€40,726-€42,372▼
Contributions10/11€63,461€63,461=
Capital10€63,461€63,461=
Issued capital100€63,461€63,461=
Reserves13€111,366€111,366=
Non-distributable reserves130/1€6,346€6,346=
Legal reserve130€6,346€6,346=
Distributable reserves133€105,020€105,020=
Profit (loss) carried forward14-€215,553-€217,199▼
Amounts payable17/49€303,039€304,685▲
Amounts payable within one year42/48€303,039€304,685▲
Trade debts44€1,424€1,424=
Suppliers440/4€1,424€1,424=
Other amounts payable47/48€301,615€303,261▲
Income statement Code20242025
Gross operating margin9900-€817-€1,480▼
Operating profit (loss)9901-€817-€1,480▼
Financial charges65/66B€160€166▲
Recurring financial charges65€160€166▲
Profit (loss) for the period before taxes9903-€978-€1,646▼
Profit (loss) for the period9904-€978-€1,646▼
Profit (loss) for the period to be appropriated9905-€978-€1,646▼
Appropriation of the result
Profit (loss) to be appropriated9906-€215,553-€217,199▼
Profit (loss) brought forward from the previous period14P-€214,575-€215,553▼
Line20182019202320242025Change
Other operating charges640/8--€75---
Gross operating margin9900-€3,804-€2,314€8,175-€817-€1,480▼ 81.1%
Operating profit (loss)9901-€4,820-€3,400€8,100-€817-€1,480▼ 81.1%
Recurring financial income75€5,071€2,598----
Financial charges65/66B--€63€160€166▲ 3.6%
Recurring financial charges65€3,476€2,119€63€160€166▲ 3.6%
Profit (loss) for the period before taxes9903-€3,225-€2,921€8,037-€978-€1,646▼ 68.4%
Profit (loss) for the period9904-€3,225-€2,921€8,037-€978-€1,646▼ 68.4%
Profit (loss) for the period to be appropriated9905-€3,225-€2,921€8,037-€978-€1,646▼ 68.4%
Line20182019202320242025Change
Assets
Total assets20/58€263,364€266,160€262,311€262,314€262,313=
Current assets29/58€263,364€266,160€262,311€262,314€262,313=
Amounts receivable within one year40/41€257,240€262,311€262,311€262,311€262,311=
Other amounts receivable41--€262,311€262,311€262,311=
Cash at bank and in hand54/58€591€1,251-€3€2▼ 26.5%
Equity and liabilities
Total equity and liabilities10/49€263,364€266,160€262,311€262,314€262,313=
Equity10/15-€26,773-€29,694-€39,748-€40,726-€42,372▼ 4.0%
Contributions10/11€63,461€63,461€63,461€63,461€63,461=
Capital10--€63,461€63,461€63,461=
Issued capital100--€63,461€63,461€63,461=
Reserves13€111,366€111,366€111,366€111,366€111,366=
Non-distributable reserves130/1--€6,346€6,346€6,346=
Legal reserve130--€6,346€6,346€6,346=
Distributable reserves133--€105,020€105,020€105,020=
Profit (loss) carried forward14-€201,599-€204,520-€214,575-€215,553-€217,199▼ 0.8%
Amounts payable17/49€290,137€295,854€302,059€303,039€304,685▲ 0.5%
Amounts payable within one year42/48€286,908€294,080€302,059€303,039€304,685▲ 0.5%
Financial debts43--€12---
Credit institutions430/8--€12---
Trade debts44€843€1,424€1,424€1,424€1,424=
Suppliers440/4--€1,424€1,424€1,424=
Other amounts payable47/48--€300,623€301,615€303,261▲ 0.5%
Line20182019202320242025Change
Profit (loss) for the period9904-€3,225-€2,921€8,037-€978-€1,646▼ 68.4%
Operating cash flow (approximation)-€3,225-€2,921€8,037-€978-€1,646▼ 68.4%
Change in cash-€661---€1-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Back to profitnet €8,037
Net result €8,037 after 2 loss-making years.
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
25-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
22-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
08-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
24-06
NBB filing Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Incourt · 1 establishment unit since 1970
seat establishment The establishment unit on the map
Ground area
3.1 ha
Building footprint
274 m²
Volume, LiDAR
1,821 m³
2 parcels, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Rue de l' Etang 10, 1315 Incourt
NACE 6024103
since 19702.004.468.574
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25080C0216/00E000 Wallonia 2.3 ha 1 · 75 m² 9.5 m · 2 fl.
25080C0227/00Z000 Wallonia 7,110 m² 1 · 199 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded16-08-1963
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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

Register as of 30 September 2026 · Peppol Directory

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