SADEBO
ActiveThe computed 12-month bankruptcy probability of SADEBO is 2.3% (moderate). The 2024 annual accounts show equity of €80k and a net result of €35k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 36378 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
94
/ 100
Excellent▲ +30 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+90
Solvency70▲+37
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.42 in 2023), but 66.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
33.5%
Return on assets
14.7%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €80k
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 30-06-2025, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
8 d late
2022
11 d early
2021
16 d early
2020
12 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€80k▲ 78.6%
2023 · €45k
2020: €97k
2021: €99k
2022: €44k
2023: €45k
2020 → 2024
Total assets
€240k▲ 1.7%
2023 · €236k
2020: €423k
2021: €342k
2022: €242k
2023: €236k
2020 → 2024
Net result
€35k▲ 3,712%
2023 · €927
2020: €7k
2021: €2k
2022: €-55k
2023: €927
2020 → 2024
Working capital
€81k▲ 52.8%
2023 · €53k
2020: €-1k
2021: €-8k
2022: €67k
2023: €53k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€97k-€99k▲ 1.9%€44k▼ 55.4%€45k▲ 2.1%€80k▲ 78.6%
Operating result€13k-€5k▼ 63.4%€-48k€15k€54k▲ 266%
Net result€7k-€2k▼ 73.0%€-55k€927€35k▲ 3,712%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 266% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240k
Fixed assets
€52k▼ 5.3%
Current assets
€187k▲ 3.8%
Equity and liabilities €240k
Equity
€80k▲ 78.6%
Debt
€159k▼ 16.4%
The debt ratio falls from 80.9% to 66.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€67k▲
2023 · €38k
Cash flow
€48k▲
2023 · €24k
Solvency
33.5%▲
2023 · 19.1%
Current ratio
1.77▲
2023 · 1.42
Quick ratio
1.77▲
2023 · 1.42
Debt / equity
1.99▼
2023 · 4.24
ROE
44.0%▲
2023 · 2.1%
ROA
14.7%▲
2023 · 0.4%
Interest coverage
3.78▲
2023 · 2.72
Debt
€159k▼
2023 · €191k
Debt ≤ 1 year
€106k▼
2023 · €127k
Debt > 1 year
€44k▼
2023 · €64k
Income taxes
€1k
Staff costs
€88k▼
2023 · €152k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€236k€240k▲
Fixed assets21/28€55k€52k▼
Intangible fixed assets21€50k€42k▼
Tangible fixed assets22/27€5k€11k▲
Plant, machinery and equipment23€5k€11k▲
Furniture and vehicles24€0-
Current assets29/58€180k€187k▲
Amounts receivable within one year40/41€178k€170k▼
Trade receivables40€138k€132k▼
Other amounts receivable41€40k€39k▼
Current investments50/53-€17k
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€2k€107▼
Equity and liabilities
Total equity and liabilities10/49€236k€240k▲
Equity10/15€45k€80k▲
Contributions10/11€90k€90k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-54k€-18k▲
Amounts payable17/49€191k€159k▼
Amounts payable after more than one year17€64k€44k▼
Financial debts170/4€64k€44k▼
Amounts payable within one year42/48€127k€106k▼
Current portion of amounts payable after more than one year42€19k€17k▼
Financial debts43€42k€43k▲
Credit institutions430/8€42k€43k▲
Trade debts44€40k€107▼
Suppliers440/4€40k€107▼
Taxes, remuneration and social security45€27k€46k▲
Taxes450/3€19k€46k▲
Remuneration and social security454/9€8k€0▼
Accrued charges and deferred income492/3€0€10k▲
Income statement
Code20232024
Remuneration, social security and pensions62€152k€88k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€12k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€194k€156k▼
Operating profit (loss)9901€15k€54k▲
Financial income75/76B€146€27▼
Recurring financial income75€146€27▼
Financial charges65/66B€14k€18k▲
Recurring financial charges65€14k€18k▲
Profit (loss) for the period before taxes9903€927€37k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€927€35k▲
Profit (loss) for the period to be appropriated9905€927€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-18k▲
Profit (loss) brought forward from the previous period14P€-55k€-54k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €35k ▲3712%
Operating result €54k, net result €35k, both a record.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial
Back to profitnet €927
Net result €927 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-55k ▼3063%
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
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, Willebroek · 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.
Antwerpsesteenweg 452830 WillebroekGround area
4,191 m²
Building footprint
1,140 m²
Volume, LiDAR
8,404 m³
Parcel 12040A0072/00C002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Antwerpsesteenweg 45, 2830 Willebroek
since 20192.296.592.982
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0072/00C002 | Flanders | 4,191 m² | 1 · 1,140 m² | 9.1 m · 2 fl. |
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.
Similar companies · same sector, comparable size
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BE 1017.607.204
Houthalen-Helchteren · Eq €80k
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BE 0713.857.246
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BOTIBAT
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WB Algemene werken
BE 1016.915.534
Balen · Eq €81k
BAELE PHILIP
BE 0844.075.588
Zwalm · Eq €81k
Of 8,398 companies in sector 43120 we hold annual accounts for 3,206. 2,590 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2019
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.