SABOR
ActiveThe computed 12-month bankruptcy probability of SABOR is 1.9% (moderate). The 2024 annual accounts show equity of €393k and a net result of €34k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 2924 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▼-36
Solvency98▲+1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.97 against 2.51 in 2023), and 43.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
30 d late
2022
28 d late
2020
118 d late
2019
53 d late
2018
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€393k▲ 9.6%
2023 · €359k
2018: €304k
2019: €368k
2020: €276k
2022: €302k
2023: €359k
2018 → 2024
Total assets
€699k▲ 2.3%
2023 · €683k
2018: €450k
2019: €506k
2020: €585k
2022: €679k
2023: €683k
2018 → 2024
Net result
€34k▼ 39.7%
2023 · €57k
2018: €53k
2019: €64k
2020: €-93k
2022: €-4k
2023: €57k
2018 → 2024
Working capital
€261k▲ 28.4%
2023 · €203k
2018: €179k
2019: €255k
2020: €125k
2022: €138k
2023: €203k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Equity€368k-€276k▼ 25.2%€302k▲ 9.5%€359k▲ 18.9%€393k▲ 9.6%
Operating result€68k-€-89k€-840▲ 99.1%€65k€54k▼ 17.0%
Net result€64k-€-93k€-4k▲ 95.8%€57k€34k▼ 39.7%
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 falls in 2024; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €699k
Fixed assets
€306k▼ 11.5%
Current assets
€393k▲ 16.5%
Equity and liabilities €699k
Equity
€393k▲ 9.6%
Provisions
€12k▼ 8.8%
Debt
€293k▼ 5.6%
The debt ratio falls from 45.5% to 42.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€112k▼
2023 · €121k
Cash flow
€92k▼
2023 · €112k
Solvency
56.3%▲
2023 · 52.5%
Current ratio
2.97▲
2023 · 2.51
Quick ratio
2.67▲
2023 · 2.39
Debt / equity
0.75▼
2023 · 0.87
ROE
8.8%▼
2023 · 15.9%
ROA
4.9%▼
2023 · 8.4%
Interest coverage
6.92▼
2023 · 13.46
Debt
€293k▼
2023 · €311k
Debt ≤ 1 year
€132k▼
2023 · €134k
Debt > 1 year
€161k▼
2023 · €176k
Income taxes
€20k▲
2023 · €15k
Staff costs
€443k▲
2023 · €373k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€683k€699k▲
Fixed assets21/28€346k€306k▼
Tangible fixed assets22/27€318k€278k▼
Land and buildings22€235k€215k▼
Plant, machinery and equipment23€15k€27k▲
Furniture and vehicles24€54k€35k▼
Other tangible fixed assets26€14k€2k▼
Financial fixed assets28€28k€28k=
Current assets29/58€337k€393k▲
Amounts receivable after more than one year29€10k€45k▲
Other amounts receivable291€10k€45k▲
Stocks and contracts in progress3€17k€40k▲
Stocks30/36€17k€40k▲
Amounts receivable within one year40/41€97k€90k▼
Trade receivables40€9k€5k▼
Other amounts receivable41€88k€85k▼
Cash at bank and in hand54/58€212k€209k▼
Deferred charges and accrued income490/1€2k€10k▲
Equity and liabilities
Total equity and liabilities10/49€683k€699k▲
Equity10/15€359k€393k▲
Contributions10/11€25k€25k=
Reserves13€313k€347k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€54k€49k▼
Distributable reserves133€259k€298k▲
Profit (loss) carried forward14€21k€21k=
Provisions and deferred taxes16€13k€12k▼
Deferred taxes168€13k€12k▼
Amounts payable17/49€311k€293k▼
Amounts payable after more than one year17€176k€161k▼
Financial debts170/4€176k€161k▼
Amounts payable within one year42/48€134k€132k▼
Current portion of amounts payable after more than one year42€18k€15k▼
Financial debts43€416€973▲
Credit institutions430/8€416€973▲
Trade debts44€32k€31k▼
Suppliers440/4€32k€31k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€72k€79k▲
Taxes450/3€30k€35k▲
Remuneration and social security454/9€42k€44k▲
Other amounts payable47/48€12k€6k▼
Income statement
Code20232024
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€373k€443k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€58k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€498k€558k▲
Operating profit (loss)9901€65k€54k▼
Financial income75/76B€1k€15k▲
Recurring financial income75€1k€15k▲
Financial charges65/66B€9k€16k▲
Recurring financial charges65€9k€16k▲
Profit (loss) for the period before taxes9903€58k€53k▼
Transfer from deferred taxes780€15k€1k▼
Income taxes67/77€15k€20k▲
Profit (loss) for the period9904€57k€34k▼
Transfer from tax-exempt reserves789€5k€5k▲
Transfer to tax-exempt reserves689€13k€0▼
Profit (loss) for the period to be appropriated9905€48k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€61k▼
Profit (loss) brought forward from the previous period14P€21k€21k=
Transfer from equity791/2€0-
Transfer to equity691/2€48k€39k▼
To other reserves6921€48k€39k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)9087-8.3
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €57k
Net result €57k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 118 days late
2020
31-12
Financial
Weakest financial yearnet €-93k ▼245%
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Highest result since 2018net €64k ▲20.2%
Net result €64k, the highest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
17-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 2 establishment units since 2015
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.
Antwerpsesteenweg 10569040 GentGround area
2,610 m²
Building footprint
462 m²
Volume, LiDAR
2,225 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SABOR
since 20152.244.995.813
Kanodreef 1, 9000 Gent
since 20152.242.942.876
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0016/00C000 | Flanders | 1,462 m² | 1 · 297 m² | 6.3 m · 1 fl. |
| 44432C0256/00A003 | Flanders | 1,148 m² | 1 · 164 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.242.942.876
Similar companies · same sector, comparable size
SV L'ETANG
BE 0749.443.081
Waremme · Eq €393k
POORTGEBOUW
BE 0870.417.820
Lanaken · Eq €394k
RESTOLUX
BE 0463.815.891
Mortsel · Eq €394k
CVB EAT
BE 0599.874.724
Sint-Gillis (bij-Brussel) · Eq €393k
KRIJOLO
BE 0746.662.646
Kuurne · Eq €394k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 6,882 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2007
Fiscal year end31-12
Activities, NACEBEL
55522
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
60310News agency activities
68201Renting and operating of own or leased residential real estate, excluding social housing
73110Advertising agencies
74401
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.