Financials
- Fiscal year
- 2024
- Total assets
- €96,005
- Profit
- €12,055
- Solvency
- 80.1%
Turnover▼ 64.0%
Net result
20182020
SADAY
ActiveSummary
The computed 12-month bankruptcy probability of SADAY is 3.3% (moderate). The 2024 annual accounts show equity of €76,937 and a net result of €12,055. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 18968 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
€96,005total assets 2024
- Equity
- €76,937
- Profit
- €12,055
Turnover not published (abridged schema)
Structure
Accounts 65 d overdue0 of 5 deeds read
Why 52- 1 change of registered office in 24 months- Figures for FY 2024 (filed 04-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 64 days late; 3 of the last 3 late+ Liquidity: current ratio 4.36, cash €49,109Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 81% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 80.1% of total assets
Liquidity
94=
short-term debt 19.9% · cash 51.2%
Profitability
84+18
return on assets 12.6%
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● 0.0% vs 11-2024
01-2025: 0.8%▼ -20.9% vs 12-2024
02-2025: 0.8%● 0.0% vs 01-2025
03-2025: 0.8%▼ -1.5% vs 02-2025
04-2025: 0.8%▼ -0.4% vs 03-2025lowest value
05-2025: 0.8%▲ +3.6% vs 04-2025
06-2025: 0.8%▼ -1.2% vs 05-2025
07-2025: 1.8%▲ +121% vs 06-2025
08-2025: 2.2%▲ +25.4% vs 07-2025
09-2025: 2.8%▲ +25.1% vs 08-2025
10-2025: 4.7%▲ +69.5% vs 09-2025highest value
11-2025: 0.9%▼ -80.0% vs 10-2025
12-2025: 0.9%● 0.0% vs 11-2025
01-2026: 0.9%▼ -0.6% vs 12-2025
02-2026: 0.9%▼ -2.0% vs 01-2026
03-2026: 0.9%▼ -1.2% vs 02-2026
04-2026: 0.9%▲ +2.9% vs 03-2026
05-2026: 1.1%▲ +14.9% vs 04-2026
06-2026: 1.1%▼ -0.1% vs 05-2026
07-2026: 1.1%▲ +6.4% vs 06-2026
08-2026: 1.5%▲ +31.2% vs 07-2026
09-2026: 1.9%▲ +27.0% vs 08-2026
10-2026: 3.3%▲ +76.3% vs 09-2026
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 04-10-2025) raises the probability
- Liquidity: current ratio 4.36, cash €49,109 lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 64 days late; 3 of the last 3 late raises the probability
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 4.36 against 5.04 in 2023; short-term debt: 19.9% and cash: 51.2% of total assets), and 19.9% 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 56, micro). Better than this share of them on solvency 94%, liquidity 94%, profitability 72%, growth against the median 64%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 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
not confirmed
2024
64 d late
2023
65 d late
2022
57 d late
2021
23 d late
2020
105 d late
2019
19 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2015
- 03-10-2025Annual accounts filed
- 04-10-2024Annual accounts filed
- 26-09-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Cafés and barsNACE 56301
- Founded
- 08-04-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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