SADEGGER
ActiveSADEGGER has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €49k. Equity is growing by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 16426 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82=
Solvency58▲+3
Growth52=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.49 in 2024; short-term debt: 26.3% and cash: 31.6% of total assets), and 67.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.6%
Return on assets
10.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
63 d early
2024
3 d early
2023
26 d late
2022
30 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k▲ 14.4%
2024 · €130k
2022: €60k
2023: €85k
2024: €130k
2022 → 2025
Total assets
€454k▲ 6.4%
2024 · €427k
2022: €309k
2023: €403k
2024: €427k
2022 → 2025
Net result
€49k▲ 8.8%
2024 · €45k
2022: €57k
2023: €25k
2024: €45k
2022 → 2025
Working capital
€26k▼ 47.0%
2024 · €49k
2022: €-100k
2023: €4k
2024: €49k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€60k-€85k▲ 41.7%€130k▲ 52.7%€148k▲ 14.4%
Operating result€60k-€37k▼ 37.4%€75k▲ 100%€79k▲ 6.1%
Net result€57k-€25k▼ 56.1%€45k▲ 79.0%€49k▲ 8.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €454k
Fixed assets
€309k▲ 11.4%
Current assets
€146k▼ 2.9%
Equity and liabilities €454k
Equity
€148k▲ 14.4%
Debt
€306k▲ 2.9%
The debt ratio falls from 69.7% to 67.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€117k▲
2024 · €99k
Cash flow
€86k▲
2024 · €69k
Solvency
32.6%▲
2024 · 30.3%
Current ratio
1.22▼
2024 · 1.49
Quick ratio
1.22▼
2024 · 1.49
Debt / equity
2.06▼
2024 · 2.30
ROE
32.8%▼
2024 · 34.5%
ROA
10.7%▲
2024 · 10.5%
Interest coverage
9.05▲
2024 · 6.99
Debt
€306k▲
2024 · €298k
Debt ≤ 1 year
€119k▲
2024 · €101k
Debt > 1 year
€162k▼
2024 · €181k
Income taxes
€18k▲
2024 · €16k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€427k€454k▲
Fixed assets21/28€277k€309k▲
Intangible fixed assets21€357€157▼
Tangible fixed assets22/27€275k€307k▲
Land and buildings22€253k€237k▼
Plant, machinery and equipment23€20k€14k▼
Furniture and vehicles24€2k€56k▲
Financial fixed assets28€2k€2k=
Current assets29/58€150k€146k▼
Amounts receivable within one year40/41€849€2k▲
Trade receivables40€849€2k▲
Cash at bank and in hand54/58€145k€144k▼
Deferred charges and accrued income490/1€4k€160▼
Equity and liabilities
Total equity and liabilities10/49€427k€454k▲
Equity10/15€130k€148k▲
Contributions10/11€3k€3k=
Reserves13€127k€145k▲
Distributable reserves133€127k€145k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€298k€306k▲
Amounts payable after more than one year17€181k€162k▼
Financial debts170/4€89k€77k▼
Other amounts payable178/9€93k€85k▼
Amounts payable within one year42/48€101k€119k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€44€454▲
Suppliers440/4€44€454▲
Taxes, remuneration and social security45€17k€5k▼
Taxes450/3€17k€5k▼
Other amounts payable47/48€72k€102k▲
Accrued charges and deferred income492/3€16k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€37k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€102k€120k▲
Operating profit (loss)9901€75k€79k▲
Financial income75/76B€0€28▲
Recurring financial income75€0€28▲
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€60k€66k▲
Income taxes67/77€16k€18k▲
Profit (loss) for the period9904€45k€49k▲
Profit (loss) for the period to be appropriated9905€45k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€49k▲
Transfer from equity791/2-€30k
Transfer to equity691/2€45k€49k▲
To other reserves6921€45k€49k▲
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €130k ▲52.7%
3 profitable years in a row build equity to €130k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €25k ▼56.1%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.04
Current ratio from 0.26 to 1.04; short-term debt falls from €136k to €106k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Kortrijk · 2 establishment units since 2021
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.
Zonnekeer(Kor) 148500 KortrijkGround area
1,194 m²
Building footprint
515 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
SADEGGER
since 20212.323.980.834
Kine Zonnekeer
since 20252.370.553.504
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352C0395/00T003 | Flanders | 903 m² | 1 · 243 m² | - |
| 34016C1057/00B000 | Flanders | 291 m² | 1 · 273 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 3,466 EUR awarded · 3,318 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,518 EUR | 1,790 EUR |
| 2024 | 1 | 827 EUR | 407 EUR |
| 2023 | 1 | 288 EUR | 288 EUR |
| 2022 | 1 | 833 EUR | 833 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
648859Y589SI3TB1NX93
Similar companies · same sector, comparable size
REVASPO
BE 0879.986.572
Affligem · Eq €148k
DYXA
BE 0445.483.485
Seraing · Eq €148k
KINE BAETSLÉ ISABELLE
BE 0752.794.234
Assenede · Eq €148k
HEALTH & FIT CONCEPT
BE 0421.525.475
Bonheiden · Eq €149k
BILLIAU-VERVAELE
BE 0867.139.517
Merelbeke-Melle · Eq €148k
Of 12,690 companies in sector 86951 we hold annual accounts for 2,137. 1,719 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2021
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
46450Wholesale of perfume and cosmetics
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.