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SABO

Active
Public limited companyfounded 1998active for 27 yearsCentrum-Zuid 3053, 3530 Houthalen-Helchteren, Belgium29 active companies are registered at this addressKBO/BCE: BE 0464.597.633
Summary

SABO has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €505,022 and a net result of -€9,617. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 56% of 5,697 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
€1.1mtotal assets 2025
Equity
€505,022
Loss
-€9,617
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
GROUP GL International · 100%
Accounts 56 days early2 of 6 deeds read
Why 94raises riskLoss of €9,617, the second in a row (financial year 2025)lowers riskSize: total assets €1.1mFigures for financial year 2025 (filed 22-06-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Average
Solvency 71+1
equity 45.8% of total assets
Liquidity 55+1
short-term debt 12.2% · cash 5.3%
Profitability 42-2
return on assets -0.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,579 companies, NACE 68, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.44, compared with 0.39 in 2024, below 1; short-term debt: 12.2% and cash: 5.3% of total assets), and 54.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 61% on solvency, 66% on liquidity, 37% on profitability and 39% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 22-06-2026)
NBB · annual accounts
raises risk · Loss of €9,617, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
56 days early
2024
22 days early
2023
48 days early
2022
8 days late
2021
19 days early
2020
25 days late
2019
35 days early
← 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 21 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Ghislain Lenaers (managing director) and…Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Controlled by GROUP GL International 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€9,617 View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2025
Total assets
€1.1m
Loss
-€9,617
Solvency
45.8%
Total assets▼ 4.4%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
GROUP GL International · 100%
  • Ghislain LenaersManaging director
  • John LenaersManaging director
Go to Board & ownership

Timeline

Events
35
Since
2000
Next accounts
by 31-07-2027
  1. 19-09-2025Capital & shares
  2. 09-07-2025Annual accounts filed
  3. 13-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Real estate agency activitiesNACE 68310
Founded
16-11-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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