Summary
Sacon is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €22k and a net result of €20k. Its solvency ranks better than 15% of 9863 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
27 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€22k▲ 1,785%
2023 · €1k
2023: €1k
2023 → 2024
Net result
€20k
2023 · €-2k
2023: €-2k
2023 → 2024
Total assets
€211k▲ 17,971%
2023 · €1k
2023: €1k
2023 → 2024
Solvency
10.2%▼ 87.9pp
2023 · 98.1%
2023: 98.1%
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€1k-€22k▲ 1,785%
Operating result€-2k-€35k
Net result€-2k-€20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €35k after a loss of €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211k
Fixed assets
€187k
Current assets
€24k
Equity and liabilities €211k
Equity
€22k ▲ 1,785%
Debt
€189k ▲ 860,810%
Debt's share of the balance-sheet total rises from 1.9% to 89.8%. Equity and debt are higher.
Key figures and ratios
ROE
94.7%
ROA
9.7%
Debt ≤ 1 year
€37k▲
2023 · €22
Debt > 1 year
€153k
Income taxes
€9k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1k€211k▲
Fixed assets21/28-€187k
Tangible fixed assets22/27-€3k
Land and buildings22-€2k
Furniture and vehicles24-€1k
Financial fixed assets28-€184k
Current assets29/58€1k€24k▲
Amounts receivable within one year40/41€543€12k▲
Trade receivables40€195€12k▲
Other amounts receivable41€348-
Cash at bank and in hand54/58€625€12k▲
Equity and liabilities
Total equity and liabilities10/49€1k€211k▲
Equity10/15€1k€22k▲
Contributions10/11€3k€3k=
Reserves13-€19k
Distributable reserves133-€19k
Profit (loss) carried forward14€-2k-
Amounts payable17/49€22€189k▲
Amounts payable after more than one year17-€153k
Financial debts170/4-€153k
Amounts payable within one year42/48€22€37k▲
Current portion of amounts payable after more than one year42-€22k
Trade debts44€0€2k▲
Suppliers440/4€0€2k▲
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Other amounts payable47/48€22€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€501
Gross operating margin9900€-2k€35k▲
Operating profit (loss)9901€-2k€35k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€3€5k▲
Recurring financial charges65€3€5k▲
Profit (loss) for the period before taxes9903€-2k€29k▲
Income taxes67/77-€9k
Profit (loss) for the period9904€-2k€20k▲
Profit (loss) for the period to be appropriated9905€-2k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€19k▲
Profit (loss) brought forward from the previous period14P-€-2k
Transfer to equity691/2-€19k
To the legal reserve6920-€19k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2023
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.
Keipoelstraat 73724 HasseltGround area
837 m²
Building footprint
120 m²
Parcel 73090G0702/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Sacon
since 20232.353.200.303
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73090G0702/00A000 | Flanders | 837 m² | 1 · 120 m² | - |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 793 EUR awarded · 793 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 793 EUR |
| 2024 | 1 | 793 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 7,670 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.