Checked.be
Active
BE 0471.910.839Private limited company
SACHE
Jan Roomsstraat 2 ·9040 Gent, Belgium· 26 yrs active
Sector: Hairdressing and barber services
(96210)
Conclusion
SACHE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €-6k. Equity is shrinking by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €23k |
| Net result | €-6k |
| Better than sector | 44% |
| Active | 26 yrs |
Financial profile
53
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
58
Profitability
0
Solvency
73
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2000, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
58
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€2k
estimate, not credit advice
Score history
93
2023
52
2024
58
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 5.30 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.58 (≥ 1.0)
+5
Leverage
Debt/equity 1.08 (< 2.0)
+3
Profitability
Negatieve ROE -26%
-10
Interest coverage
Interest coverage 1.6×
+3
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 13-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~22.7%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How 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).
Sector comparison
Fiscal year 2025 · NACE 96, Personal service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.3% | 25.9% | |
| Net result | €-6k | €5k | |
| Equity | €23k | €16k | |
| Gross operating margin | €19k | €29k | |
| Total assets | €135k | €67k |
€17k
-38.8%
23-25
€-6k
-5.1%
23-25
€6k
-15.7%
23-25
€135k
-8.4%
23-25
€23k
-20.5%
23-25
€27k
-2.1%
23-25
€141
+10.1%
23-25
€2k
-
23-25
€25k
-6.3%
23-25
€6k
+8.1%
23-25
€19k
-10.3%
23-25
5.30
-7.8%
23-25
4.58
-8.7%
23-25
17.3%
-13.2%
23-25
1.08
+17.9%
23-25
-25.8%
-32.2%
23-25
-4.5%
-14.7%
23-25
1.58
+14.7%
23-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | -38.8% | +6.0% | - |
| Net profit | -5.1% | - | - |
| Cash flow | -15.7% | -61.5% | - |
| Staff costs | - | - | - |
| Income taxes | +10.1% | -93.0% | - |
| Dividends | - | - | - |
| Total assets | -8.4% | -3.1% | - |
| Equity | -20.5% | -19.9% | - |
| Debt | -6.3% | -5.8% | - |
| of which ≤ 1y | +8.1% | +7.1% | - |
| of which > 1y | -10.3% | -8.9% | - |
| Working capital | -2.1% | +20.4% | - |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 5.30 | 5.75 | 5.22 |
| Quick ratio | 4.58 | 5.02 | 4.09 |
| Working capital ratio | 20.2% | 18.9% | 15.2% |
| Solvency | 17.3% | 20.0% | 24.2% |
| Debt / equity | 1.08 | 0.92 | 0.78 |
| Long-term debt ratio | 0.81 | 0.72 | 0.63 |
| Interest coverage | 1.58 | 1.38 | 5.16 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -4.5% | -3.9% | 3.3% |
| ROE | -25.8% | -19.5% | 13.6% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €135k | €147k | €152k |
| Fixed assets | 21/28 | €101k | €113k | €123k |
| Tangible fixed assets | 22/27 | €101k | €113k | €123k |
| Current assets | 29/58 | €34k | €34k | €29k |
| Stocks & contracts in progress | 3 | €5k | €4k | €6k |
| Amounts receivable within one year | 40/41 | €8k | €10k | €6k |
| Cash & bank | 54/58 | €21k | €20k | €16k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €135k | €147k | €152k |
| Equity | 10/15 | €23k | €29k | €37k |
| Contributions / capital | 10/11 | €6k | €6k | €6k |
| Reserves | 13 | €25k | €25k | €30k |
| Accumulated profits (losses) | 14 | €-7k | €-1k | - |
| Provisions & deferred taxes | 16 | €86k | €91k | €86k |
| Amounts payable | 17/49 | €25k | €27k | €29k |
| Amounts payable after one year | 17 | €19k | €21k | €23k |
| Amounts payable within one year | 42/48 | €6k | €6k | €5k |
| Trade debts payable within one year | 44 | €355 | €1k | €964 |
| Income statement | ||||
| Gross operating margin | 9900 | €19k | €29k | €28k |
| Operating result | 9901 | €5k | €14k | €12k |
| Financial income | 75 | €219 | €15 | €148 |
| Financial charges | 65 | €11k | €20k | €5k |
| Result before taxes | 9903 | €-6k | €-6k | €7k |
| Income taxes | 67/77 | €141 | €128 | €2k |
| Net result for the period | 9904 | €-6k | €-6k | €5k |
| Result to be appropriated | 9905 | €-6k | €-6k | €5k |
Legal Structure
| NACE primary | Hairdressing and barber services(96210) |
| Legal form | Private limited company(610) |
| Incorporation | 18-05-2000 |
| Status | Active |
| Postal code | 9040 |
Establishment units
Celestina Styling
since 20002.100.839.856
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0904/00F002 | Flanders | 78 m² | 1 · 78 m² | 11.2 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
27-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
93021Hairdressing96021Hairdressing and barber services96210Activities of interior architects71112
Names & trade names
| Legal nameNL | SACHE |
Similar companies
L'HAIR SUBTIL
BE 1004.999.677 · Soumagne
ROSSICADA
BE 0651.553.552 · Brussel
Fancy Hair & Trading
BE 0742.795.712 · Antwerpen
KARLO
BE 0471.828.982 · Elsene
STYLING RMR
BE 0719.851.351 · Ukkel