Sablon Capital
ActiveSummary
The computed 12-month bankruptcy probability of Sablon Capital is 7.1% (elevated). The 2024 annual accounts show negative equity (€-219k) and a net result of €-25k. Equity is shrinking by ~32.2% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability22▲+9
Solvency11▼-2
Growth58=
Track record94
Bankruptcy probability, 12 months
7.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.47 against 1.75 in 2023; short-term debt: 17.6% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
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 · 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 2024Solvency, return and age of the figures
Solvency
-14.4%
Return on assets
-1.7%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-219k
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 28-11-2025, 120 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
65 d late
2022
21 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-25k▲ 74.4%
2023 · €-99k
2022: €-109klowest in 3 years
2023: €-99k▲ +9.2% vs 2022
2024: €-25k▲ +74.4% vs 2023highest in 3 years
2022 → 2024
Working capital
€125k▼ 28.8%
2023 · €175k
2022: €22klowest in 3 years
2023: €175k▲ +684% vs 2022highest in 3 years
2024: €125k▼ -28.8% vs 2023
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-94k-€-194k▼ 105%€-219k▼ 13.1%
2022: €-94khighest in 3 years
2023: €-194k▼ -105% vs 2022
2024: €-219k▼ -13.1% vs 2023lowest in 3 years
Operating result€-40k-€12k€10k▼ 15.6%
2022: €-40klowest in 3 years
2023: €12k▲ +131% vs 2022highest in 3 years
2024: €10k▼ -15.6% vs 2023
Net result€-109k-€-99k▲ 9.2%€-25k▲ 74.4%
2022: €-109klowest in 3 years
2023: €-99k▲ +9.2% vs 2022
2024: €-25k▲ +74.4% vs 2023highest in 3 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.52M
Fixed assets
€1.13M ▼ 1.1%
Current assets
€392k ▼ 4.1%
Key figures and ratios
EBITDA
€22k▼
2023 · €36k
Cash flow
€-13k▲
2023 · €-76k
Solvency
-14.4%▼
2023 · -12.5%
Current ratio
1.47▼
2023 · 1.75
Debt to equity
-7.95▲
2023 · -9.01
ROA
-1.7%▲
2023 · -6.4%
Interest coverage
0.62▲
2023 · 0.32
Debt
€1.74M▼
2023 · €1.75M
Debt ≤ 1 year
€268k▲
2023 · €234k
Debt > 1 year
€1.48M▼
2023 · €1.49M
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 · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.55M€1.52M▼
Fixed assets21/28€1.14M€1.13M▼
Tangible fixed assets22/27€490k€478k▼
Land and buildings22€490k€478k▼
Financial fixed assets28€654k€654k=
Current assets29/58€409k€392k▼
Amounts receivable within one year40/41€387k€388k▲
Trade receivables40-€1k
Other amounts receivable41€387k€387k▲
Cash at bank and in hand54/58€360€4k▲
Deferred charges and accrued income490/1€22k-
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.52M▼
Equity10/15€-194k€-219k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-209k€-234k▼
Amounts payable17/49€1.75M€1.74M▼
Amounts payable after more than one year17€1.49M€1.48M▼
Financial debts170/4€1.49M€1.48M▼
Amounts payable within one year42/48€234k€268k▲
Current portion of amounts payable after more than one year42€18k€17k▼
Trade debts44€1k€8▼
Suppliers440/4€1k€8▼
Advances received on contracts in progress46-€605
Other amounts payable47/48€215k€250k▲
Accrued charges and deferred income492/3€20k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€12k▼
Other operating charges640/8€2k-
Gross operating margin9900€38k€22k▼
Operating profit (loss)9901€12k€10k▼
Financial charges65/66B€112k€36k▼
Recurring financial charges65€112k€36k▼
Profit (loss) for the period before taxes9903€-99k€-25k▲
Profit (loss) for the period9904€-99k€-25k▲
Profit (loss) for the period to be appropriated9905€-99k€-25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-209k€-234k▼
Profit (loss) brought forward from the previous period14P€-109k€-209k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71k | €23k | €12k | ▼ 48.8% |
| Other operating charges640/8 | €2k | €2k | - | - |
| Gross operating margin9900 | €33k | €38k | €22k | ▼ 41.2% |
| Operating profit (loss)9901 | €-40k | €12k | €10k | ▼ 15.6% |
| Financial charges65/66B | €70k | €112k | €36k | ▼ 68.0% |
| Recurring financial charges65 | €70k | €112k | €36k | ▼ 68.0% |
| Profit (loss) for the period before taxes9903 | €-109k | €-99k | €-25k | ▲ 74.4% |
| Profit (loss) for the period9904 | €-109k | €-99k | €-25k | ▲ 74.4% |
| Profit (loss) for the period to be appropriated9905 | €-109k | €-99k | €-25k | ▲ 74.4% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €852k | €1.55M | €1.52M | ▼ 1.8% |
| Fixed assets21/28 | €719k | €1.14M | €1.13M | ▼ 1.1% |
| Tangible fixed assets22/27 | €513k | €490k | €478k | ▼ 2.5% |
| Land and buildings22 | €513k | €490k | €478k | ▼ 2.5% |
| Financial fixed assets28 | €206k | €654k | €654k | = |
| Current assets29/58 | €133k | €409k | €392k | ▼ 4.1% |
| Amounts receivable within one year40/41 | €129k | €387k | €388k | ▲ 0.4% |
| Trade receivables40 | - | - | €1k | - |
| Other amounts receivable41 | €129k | €387k | €387k | ▲ 0.1% |
| Cash at bank and in hand54/58 | €62 | €360 | €4k | ▲ 948% |
| Deferred charges and accrued income490/1 | €4k | €22k | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €852k | €1.55M | €1.52M | ▼ 1.8% |
| Equity10/15 | €-94k | €-194k | €-219k | ▼ 13.1% |
| Contributions10/11 | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €-109k | €-209k | €-234k | ▼ 12.2% |
| Amounts payable17/49 | €947k | €1.75M | €1.74M | ▼ 0.2% |
| Amounts payable after more than one year17 | €817k | €1.49M | €1.48M | ▼ 1.1% |
| Financial debts170/4 | €817k | €1.49M | €1.48M | ▼ 1.1% |
| Amounts payable within one year42/48 | €111k | €234k | €268k | ▲ 14.5% |
| Current portion of amounts payable after more than one year42 | €16k | €18k | €17k | ▼ 5.2% |
| Trade debts44 | €697 | €1k | €8 | ▼ 99.2% |
| Suppliers440/4 | €697 | €1k | €8 | ▼ 99.2% |
| Advances received on contracts in progress46 | - | - | €605 | - |
| Other amounts payable47/48 | €94k | €215k | €250k | ▲ 16.4% |
| Accrued charges and deferred income492/3 | €19k | €20k | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-109k | €-99k | €-25k | ▲ 74.4% |
| + Depreciation and write-downs630 | €71k | €23k | €12k | ▼ 48.8% |
| Operating cash flow (approximation) | €-38k | €-76k | €-13k | ▲ 82.3% |
| Investment in fixed assets (approximation) | - | €-448k | €0 | ▲ 100% |
| Change in cash | - | €298 | €3k | ▲ 1,043% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 65 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
NBB filing
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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2021
Ground area
1,547 m²
Building footprint
1,030 m²
Volume, LiDAR
17,663 m³
Parcel 21013B0016/00G009, Brussels · tallest building 27.8 m, ±7 floors. Linked by address, not a title deed.
25
companies at this address
See who is registered here
1 establishment unit
Capouilletstraat 9, 1060 Sint-Gillis (bij-Brussel)
since 20212.360.181.135
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0016/00G009 | Brussels | 1,547 m² | 1 · 1,030 m² | 27.8 m · 7 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845005C0AF65EEE1469
Identification & contact
Identification
Legal formPrivate limited company
Founded10-06-2021
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.