Summary
Conclusion
the dossier summarised in one paragraphThe file of SABY contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 9.9% (elevated). The 2022 annual accounts show negative equity (€-24k) and a net result of €-27k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 21% of 3523 sector peers (fiscal year 2022).
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 eventsSignals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Trust signals
1 signalAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2022How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -26.1% | 16.7% | |
| Net result | €-27k | €747 | |
| Equity | €-24k | €10k | |
| Gross operating margin | €39k | €34k | |
| Staff costs | €61k | €40k |
| Fiscal year | 2022 |
|---|---|
| Revenue | €221k |
| EBITDA | - |
| Net profit | €-27k |
| Cash flow | - |
| Staff costs | €61k |
| Income taxes | - |
| Dividends | - |
| Total assets | €93k |
| Equity | €-24k |
| Debt | €117k |
| of which ≤ 1y | €117k |
| of which > 1y | - |
| Working capital | €-24k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 0.79 |
| Quick ratio | 0.79 |
| Working capital ratio | -26.1% |
| Solvency | -26.1% |
| Debt / equity | -4.83 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 17.6% |
| Net margin | -12.4% |
| ROA | -29.5% |
| ROE | 113.0% |
| EBITDA margin | - |
| Days sales outstanding | 134d |
| Days payable outstanding | 47d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €93k |
| Current assets | 29/58 | €93k |
| Amounts receivable within one year | 40/41 | €92k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €93k |
| Equity | 10/15 | €-24k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-30k |
| Amounts payable | 17/49 | €117k |
| Amounts payable within one year | 42/48 | €117k |
| Trade debts payable within one year | 44 | €23k |
| Income statement | ||
| Turnover | 70 | €221k |
| Gross operating margin | 9900 | €39k |
| Operating result | 9901 | €-26k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-27k |
| Net result for the period | 9904 | €-27k |
| Result to be appropriated | 9905 | €-27k |
Health barometer
FY 2022 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
indexingDirectors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
19-01-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 31-05-2018 |
| Status | Active |
| Postal code | 1060 |
| First BS signal | 29-01-2026 |
| Latest BS signal | 28-05-2026 |
Structure & network
Company structure: linked entities
1 linked entityLocations & real estate
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0040/00P000 | Brussels | 178 m² | 1 · 139 m² | 19.3 m · 5 fl. |
Publications
Lifecycle & Insolvency Signals
2 events from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
1 acts13-10-2021 Transaction in capital or shares
Analysis
Snowflake analysis
financial profile on 5 axesMixed profile: strong on growth, weaker on health.
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Credit advice
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Company registry (CBE)
Crossroads Bank| Legal nameFR | SABY |