SABRE
ActiveSummary
SABRE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.32M and a net result of €297k. Equity is growing by ~7.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-12
Solvency99▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity ample (current ratio 3.78 against 5.35 in 2024; short-term debt: 25.1% and cash: 7.7% of total assets), and 26% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74%
Return on assets
2.1%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
6 d early
2022
12 d early
2021
16 d early
2020
8 d early
2019
22 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€10.32M▲ 3.0%
2024 · €10.02M
2019: €6.78Mlowest in 7 years
2020: €6.83M▲ +0.7% vs 2019
2021: €6.83M▲ +0.1% vs 2020
2022: €9.04M▲ +32.3% vs 2021
2023: €9.62M▲ +6.4% vs 2022
2024: €10.02M▲ +4.2% vs 2023
2025: €10.32M▲ +3.0% vs 2024highest in 7 years
2019 → 2025
Total assets
€13.95M▲ 13.2%
2024 · €12.32M
2019: €9.20M
2020: €8.96M▼ -2.6% vs 2019
2021: €7.84M▼ -12.5% vs 2020lowest in 7 years
2022: €10.91M▲ +39.2% vs 2021
2023: €12.14M▲ +11.2% vs 2022
2024: €12.32M▲ +1.5% vs 2023
2025: €13.95M▲ +13.2% vs 2024highest in 7 years
2019 → 2025
Net result
€297k▼ 26.7%
2024 · €405k
2019: €371k
2020: €50k▼ -86.5% vs 2019
2021: €4k▼ -93.0% vs 2020lowest in 7 years
2022: €2.80M▲ +79274% vs 2021highest in 7 years
2023: €578k▼ -79.4% vs 2022
2024: €405k▼ -30.0% vs 2023
2025: €297k▼ -26.7% vs 2024
2019 → 2025
Working capital
€9.75M▲ 3.2%
2024 · €9.44M
2019: €5.23M
2020: €5.13M▼ -2.0% vs 2019lowest in 7 years
2021: €5.54M▲ +7.9% vs 2020
2022: €8.50M▲ +53.5% vs 2021
2023: €8.70M▲ +2.4% vs 2022
2024: €9.44M▲ +8.5% vs 2023
2025: €9.75M▲ +3.2% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.83M-€9.04M▲ 32.3%€9.62M▲ 6.4%€10.02M▲ 4.2%€10.32M▲ 3.0%
2021: €6.83Mlowest in 5 years
2022: €9.04M▲ +32.3% vs 2021
2023: €9.62M▲ +6.4% vs 2022
2024: €10.02M▲ +4.2% vs 2023
2025: €10.32M▲ +3.0% vs 2024highest in 5 years
Operating result€408-€321k▲ 78,655%€297k▼ 7.6%€414k▲ 39.5%€591k▲ 42.7%
2021: €408lowest in 5 years
2022: €321k▲ +78655% vs 2021
2023: €297k▼ -7.6% vs 2022
2024: €414k▲ +39.5% vs 2023
2025: €591k▲ +42.7% vs 2024highest in 5 years
Net result€4k-€2.80M▲ 79,274%€578k▼ 79.4%€405k▼ 30.0%€297k▼ 26.7%
2021: €4klowest in 5 years
2022: €2.80M▲ +79274% vs 2021highest in 5 years
2023: €578k▼ -79.4% vs 2022
2024: €405k▼ -30.0% vs 2023
2025: €297k▼ -26.7% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 43% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.95M
Fixed assets
€699k ▼ 0.9%
Current assets
€13.25M ▲ 14.1%
Equity and liabilities €13.95M
Equity
€10.32M ▲ 3.0%
Provisions
€125k =
Debt
€3.50M ▲ 61.2%
Debt's share of the balance-sheet total rises from 17.6% to 25.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€598k▲
2024 · €423k
Cash flow
€303k▼
2024 · €414k
Current ratio
3.78▼
2024 · 5.35
Quick ratio
2.96▼
2024 · 3.57
Debt to equity
0.34▲
2024 · 0.22
ROE
2.9%▼
2024 · 4.0%
ROA
2.1%▼
2024 · 3.3%
Interest coverage
3.16▼
2024 · 4.47
Debt ≤ 1 year
€3.50M▲
2024 · €2.17M
Income taxes
€138k▲
2024 · €133k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.32M€13.95M▲
Fixed assets21/28€705k€699k▼
Tangible fixed assets22/27€102k€96k▼
Land and buildings22€102k€96k▼
Furniture and vehicles24€0-
Financial fixed assets28€603k€603k=
Current assets29/58€11.62M€13.25M▲
Stocks and contracts in progress3€3.87M€2.89M▼
Stocks30/36€3.87M€2.89M▼
Amounts receivable within one year40/41€6.16M€8.14M▲
Trade receivables40€26k€6k▼
Other amounts receivable41€6.14M€8.14M▲
Current investments50/53€1.14M€1.14M=
Cash at bank and in hand54/58€448k€1.08M▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€12.32M€13.95M▲
Equity10/15€10.02M€10.32M▲
Contributions10/11€1.18M€1.18M=
Reserves13€8.84M€9.14M▲
Distributable reserves133€8.84M€9.14M▲
Provisions and deferred taxes16€125k€125k=
Provisions for liabilities and charges160/5€125k€125k=
Other liabilities and charges164/5€125k€125k=
Amounts payable17/49€2.17M€3.50M▲
Amounts payable within one year42/48€2.17M€3.50M▲
Financial debts43€678k€678k=
Credit institutions430/8€678k€678k=
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€0€85k▲
Taxes450/3€0€85k▲
Other amounts payable47/48€1.49M€2.74M▲
Income statement
Code20242025
Non-recurring operating income76A€96k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€6k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€5k€17k▲
Gross operating margin9900€428k€614k▲
Operating profit (loss)9901€414k€591k▲
Financial income75/76B€218k€33k▼
Recurring financial income75€51k€33k▼
Non-recurring financial income76B€168k€0▼
Financial charges65/66B€95k€189k▲
Recurring financial charges65€95k€189k▲
Profit (loss) for the period before taxes9903€538k€435k▼
Income taxes67/77€133k€138k▲
Profit (loss) for the period9904€405k€297k▼
Profit (loss) for the period to be appropriated9905€405k€297k▼
Appropriation of the result
Profit (loss) to be appropriated9906€405k€297k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€405k€297k▼
To other reserves6921€405k€297k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | €0 | €96k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €19k | €19k | €9k | €6k | ▼ 29.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €29k | €0 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-50k | €0 | €-175k | €0 | - | - |
| Other operating charges640/8 | €3k | €35k | €7k | €5k | €17k | ▲ 271% |
| Gross operating margin9900 | €-25k | €404k | €147k | €428k | €614k | ▲ 43.6% |
| Operating profit (loss)9901 | €408 | €321k | €297k | €414k | €591k | ▲ 42.7% |
| Financial income75/76B | €39k | €2.88M | €451k | €218k | €33k | ▼ 84.8% |
| Recurring financial income75 | €39k | €55k | €451k | €51k | €33k | ▼ 34.5% |
| Non-recurring financial income76B | - | €2.82M | €0 | €168k | €0 | ▼ 100% |
| Financial charges65/66B | €34k | €23k | €34k | €95k | €189k | ▲ 99.9% |
| Recurring financial charges65 | €33k | €23k | €34k | €95k | €189k | ▲ 99.9% |
| Non-recurring financial charges66B | €920 | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €5k | €3.17M | €714k | €538k | €435k | ▼ 19.1% |
| Income taxes67/77 | €2k | €371k | €137k | €133k | €138k | ▲ 4.1% |
| Profit (loss) for the period9904 | €4k | €2.80M | €578k | €405k | €297k | ▼ 26.7% |
| Profit (loss) for the period to be appropriated9905 | €4k | €2.80M | €578k | €405k | €297k | ▼ 26.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.84M | €10.91M | €12.14M | €12.32M | €13.95M | ▲ 13.2% |
| Fixed assets21/28 | €1.61M | €846k | €1.04M | €705k | €699k | ▼ 0.9% |
| Tangible fixed assets22/27 | €251k | €169k | €155k | €102k | €96k | ▼ 6.3% |
| Land and buildings22 | €234k | €159k | €153k | €102k | €96k | ▼ 6.3% |
| Furniture and vehicles24 | €17k | €10k | €3k | €0 | - | - |
| Financial fixed assets28 | €1.36M | €677k | €887k | €603k | €603k | = |
| Current assets29/58 | €6.23M | €10.07M | €11.09M | €11.62M | €13.25M | ▲ 14.1% |
| Stocks and contracts in progress3 | €1.24M | €742k | €3.41M | €3.87M | €2.89M | ▼ 25.2% |
| Stocks30/36 | €1.24M | €742k | €3.41M | €3.87M | €2.89M | ▼ 25.2% |
| Amounts receivable within one year40/41 | €4.02M | €6.43M | €5.73M | €6.16M | €8.14M | ▲ 32.1% |
| Trade receivables40 | - | €172k | €6k | €26k | €6k | ▼ 77.9% |
| Other amounts receivable41 | €4.02M | €6.26M | €5.73M | €6.14M | €8.14M | ▲ 32.6% |
| Current investments50/53 | €892k | €892k | €1.14M | €1.14M | €1.14M | = |
| Cash at bank and in hand54/58 | €77k | €2.00M | €812k | €448k | €1.08M | ▲ 140% |
| Deferred charges and accrued income490/1 | €1k | €1k | €2k | €1k | €1k | ▲ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.84M | €10.91M | €12.14M | €12.32M | €13.95M | ▲ 13.2% |
| Equity10/15 | €6.83M | €9.04M | €9.62M | €10.02M | €10.32M | ▲ 3.0% |
| Contributions10/11 | €1.18M | €1.18M | €1.18M | €1.18M | €1.18M | = |
| Reserves13 | €937k | €3.15M | €8.44M | €8.84M | €9.14M | ▲ 3.4% |
| Non-distributable reserves130/1 | €342k | €342k | €0 | - | - | - |
| Reserves not available under the articles1311 | €342k | €342k | €0 | - | - | - |
| Distributable reserves133 | €594k | €2.80M | €8.44M | €8.84M | €9.14M | ▲ 3.4% |
| Profit (loss) carried forward14 | €4.72M | €4.72M | €0 | - | - | - |
| Provisions and deferred taxes16 | €300k | €300k | €125k | €125k | €125k | = |
| Provisions for liabilities and charges160/5 | €300k | €300k | €125k | €125k | €125k | = |
| Environmental obligations163 | €300k | €300k | €0 | - | - | - |
| Other liabilities and charges164/5 | - | - | €125k | €125k | €125k | = |
| Amounts payable17/49 | €708k | €1.57M | €2.39M | €2.17M | €3.50M | ▲ 61.2% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Financial debts170/4 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €695k | €1.57M | €2.39M | €2.17M | €3.50M | ▲ 61.2% |
| Current portion of amounts payable after more than one year42 | €89k | €82k | €0 | - | - | - |
| Financial debts43 | €0 | - | €790k | €678k | €678k | = |
| Credit institutions430/8 | €0 | - | €790k | €678k | €678k | = |
| Trade debts44 | €26k | €2k | €3k | €2k | €3k | ▲ 63.7% |
| Suppliers440/4 | €26k | €2k | €3k | €2k | €3k | ▲ 63.7% |
| Taxes, remuneration and social security45 | €2k | €326k | €358k | €0 | €85k | - |
| Taxes450/3 | €2k | €326k | €358k | €0 | €85k | - |
| Other amounts payable47/48 | €578k | €1.16M | €1.24M | €1.49M | €2.74M | ▲ 83.3% |
| Accrued charges and deferred income492/3 | €13k | €2k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €2.80M | €578k | €405k | €297k | ▼ 26.7% |
| + Depreciation and write-downs630 | €21k | €19k | €19k | €9k | €6k | ▼ 29.0% |
| Operating cash flow (approximation) | €25k | €2.82M | €596k | €414k | €303k | ▼ 26.7% |
| Investment in fixed assets (approximation) | - | €746k | €-215k | €328k | €0 | ▼ 100% |
| Change in cash | - | €1.92M | €-1.19M | €-364k | €629k | ▲ 273% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €10MEq €10.02M ▲4.2%
6 profitable years in a row build equity to €10.02M.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €2.80M ▲79,274%
Net result €2.80M, the highest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €4k ▼93%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 8.97
Current ratio from 4.22 to 8.97; short-term debt falls from €1.59M to €695k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Bree · 1 establishment unit since 1994
Ground area
2,335 m²
Building footprint
325 m²
Volume, LiDAR
1,559 m³
Parcel 72004B0004/00M002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
22
companies at this address
See who is registered here
1 establishment unit
Veeweidestraat 56, 3960 Bree
since 19942.067.432.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004B0004/00M002 | Flanders | 2,335 m² | 1 · 325 m² | 8.1 m · 2 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
984500B8536C48A3AF93
Identification & contact
Identification
Legal formPrivate limited company
Founded19-02-1993
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.