SACAR
ActiveThe computed 12-month bankruptcy probability of SACAR is 4.8% (elevated). The 2025 annual accounts show negative equity (€-127k) and a net result of €-107k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 13009 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
7
/ 100
Critical▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.09 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 →
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 2025Solvency, return and age of the figures
Solvency
-22.5%
Return on assets
-19.1%
Age of the figures
14 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€127k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
10 d early
2023
28 d early
2022
6 d early
2021
12 d early
2020
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-127k▼ 549%
2024 · €-20k
2020: €18k
2021: €-6k
2022: €36k
2023: €22k
2024: €-20k
2020 → 2025
Total assets
€563k▼ 4.4%
2024 · €589k
2020: €145k
2021: €741k
2022: €688k
2023: €657k
2024: €589k
2020 → 2025
Net result
€-107k▼ 160%
2024 · €-41k
2020: €-254
2021: €-25k
2022: €43k
2023: €-14k
2024: €-41k
2020 → 2025
Working capital
€-498k▼ 29.8%
2024 · €-383k
2020: €-96k
2021: €-427k
2022: €-386k
2023: €-387k
2024: €-383k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-6k-€36k€22k▼ 40.0%€-20k€-127k▼ 549%
Operating result€-18k-€50k€-8k€-35k▼ 348%€-102k▼ 195%
Net result€-25k-€43k€-14k€-41k▼ 185%€-107k▼ 160%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €102k in 2025 against €35k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €563k
Fixed assets
€541k▼ 1.8%
Current assets
€22k▼ 42.8%
Key figures and ratios
EBITDA
€-49k▼
2024 · €28k
Cash flow
€-55k▼
2024 · €22k
Solvency
-22.5%▼
2024 · -3.3%
Current ratio
0.04▼
2024 · 0.09
Quick ratio
0.03▼
2024 · 0.05
Debt / equity
-5.44▲
2024 · -31.14
ROE
84.6%▼
2024 · 210.9%
ROA
-19.1%▼
2024 · -7.0%
Interest coverage
-9.05▼
2024 · 4.30
Debt
€690k▲
2024 · €609k
Debt ≤ 1 year
€520k▲
2024 · €422k
Debt > 1 year
€170k▼
2024 · €187k
Income taxes
€159▼
2024 · €328
Staff costs
€35k▼
2024 · €52k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€589k€563k▼
Formation expenses20€0-
Fixed assets21/28€551k€541k▼
Intangible fixed assets21€94€0▼
Tangible fixed assets22/27€551k€541k▼
Land and buildings22€448k€420k▼
Plant, machinery and equipment23€63k€44k▼
Furniture and vehicles24€40k€77k▲
Financial fixed assets28€100€100=
Current assets29/58€38k€22k▼
Stocks and contracts in progress3€16k€8k▼
Stocks30/36€16k€8k▼
Amounts receivable within one year40/41€9k€2k▼
Trade receivables40€60€0▼
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€10k€8k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€589k€563k▼
Equity10/15€-20k€-127k▼
Contributions10/11€19k€19k=
Reserves13€18k€18k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-56k€-163k▼
Amounts payable17/49€609k€690k▲
Amounts payable after more than one year17€187k€170k▼
Financial debts170/4€187k€170k▼
Amounts payable within one year42/48€422k€520k▲
Current portion of amounts payable after more than one year42€24k€17k▼
Trade debts44€12k€11k▼
Suppliers440/4€12k€11k▼
Taxes, remuneration and social security45€10k€13k▲
Taxes450/3€5k€6k▲
Remuneration and social security454/9€5k€7k▲
Other amounts payable47/48€376k€479k▲
Income statement
Code20242025
Non-recurring operating income76A€958€112▼
Remuneration, social security and pensions62€52k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€53k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€82k€-12k▼
Operating profit (loss)9901€-35k€-102k▼
Financial income75/76B€255€199▼
Recurring financial income75€255€199▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€-41k€-107k▼
Income taxes67/77€328€159▼
Profit (loss) for the period9904€-41k€-107k▼
Profit (loss) for the period to be appropriated9905€-41k€-107k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-163k▼
Profit (loss) brought forward from the previous period14P€-14k€-56k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-107k
Net result drops to €-107k, the lowest in the series.
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €43k
Net result €43k after 2 loss-making years.
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Saecomani Isabelte
CurrentWerkend vennoot · since 14-04-2023
Arnone Moira
CurrentWerkend vennoot · since 02-02-2022
14-04-2023
Saecomani Isabelte: Appointed as Werkend vennoot
02-02-2022
Arnone Moira: Resigned as Director
02-02-2022
Arnone Moira: Appointed as Werkend vennoot
Location & real-estate footprint
Registered office, Kaprijke · 1 establishment unit since 2019
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.
Eeklostraat 849971 KaprijkeGround area
1,198 m²
Building footprint
289 m²
Volume, LiDAR
1,556 m³
2 parcels, Flanders · tallest building 19.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Ardilla
since 20192.287.152.607
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43009B0949/00R000 | Flanders | 744 m² | 1 · 198 m² | 14.0 m |
| 43009B1286/00E010 | Flanders | 453 m² | 1 · 91 m² | 19.0 m · 4 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.
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,309. 8,813 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-03-2019
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.