Financials
- Fiscal year
- 2025
- Total assets
- €22,458
- Loss
- -€30,765
- Solvency
- 99.8%
Total assets▼ 67.5%
Net result
20182025
SACODEL
ActiveSummary
The annual accounts of SACODEL for fiscal year 2025 show a net loss of 137% of total assets and of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €22,405 and a net result of -€30,765. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 95% of 12396 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Other retail sale of new goods
NACE 47789NACE 52494
#5 oldest company in Anhée, Wholesale and retail trade sector1 site
Size
€22,458total assets 2025
- Equity
- €22,405
- Loss
- -€30,765
Structure
Accounts filed 31 d late0 of 1 deed read
Why 55Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €30,765, the second in a row (FY 2025)- Sector Retail trade (NACE 47)+ Founded in 1996+ Equity €22,405 (99.8% of total assets)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 43% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency
100=
equity 99.8% of total assets
Liquidity
56-36
short-term debt 0.2% · cash 5.0%
Profitability
0-33
return on assets -137.0%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.2%▼ -1.0% vs 12-2024
02-2025: 0.2%● 0.0% vs 01-2025
03-2025: 0.2%▼ -8.2% vs 02-2025
04-2025: 0.2%▲ +10.0% vs 03-2025
05-2025: 0.2%▲ +3.0% vs 04-2025
06-2025: 0.2%● 0.0% vs 05-2025
07-2025: 0.2%▲ +15.2% vs 06-2025
08-2025: 0.4%▲ +52.8% vs 07-2025
09-2025: 0.1%▼ -80.5% vs 08-2025lowest value
10-2025: 0.1%● 0.0% vs 09-2025lowest value
11-2025: 0.1%● 0.0% vs 10-2025lowest value
12-2025: 0.1%● 0.0% vs 11-2025lowest value
01-2026: 0.1%● 0.0% vs 12-2025lowest value
02-2026: 0.1%● 0.0% vs 01-2026lowest value
03-2026: 0.1%▲ +1.4% vs 02-2026
04-2026: 0.1%▲ +9.9% vs 03-2026
05-2026: 0.1%▼ -2.6% vs 04-2026
06-2026: 0.1%● 0.0% vs 05-2026
07-2026: 0.1%▲ +15.8% vs 06-2026
08-2026: 0.2%▲ +108% vs 07-2026
09-2026: 0.7%▲ +298% vs 08-2026highest value
10-2026: 0.7%● 0.0% vs 09-2026highest value
- Loss of €30,765, the second in a row (FY 2025) raises the probability
- Founded in 1996 lowers the probability for this profile
- Sector Retail trade (NACE 47) raises the probability
- Equity €22,405 (99.8% of total assets) lowers the probability
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
short-term debt: 0.2% and cash: 5% of total assets, and 0.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 92%, liquidity 62%, profitability 6%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€30,765
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
55 d early
2022
23 d late
2021
31 d early
2020
26 d late
2019
77 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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. Usually files around 23 August (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€30,765
- Liquidity times 99current ratio 424.70
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 31-12-2025Liquidity times 99
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Other retail sale of new goodsNACE 47789
- Founded
- 08-10-1996
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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