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SADENSO

Active
Private limited companyfounded 2009active for 16 yearsKouter 150, 9000 Gent, BelgiumKBO/BCE: BE 0821.621.276
Summary

SADENSO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39.4m and a net result of €1.1m. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 86% of 8,094 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€43.8mtotal assets 2024
Equity
€39.4m
Profit
€1.1m
Turnover not published (abbreviated or micro format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
Ikigai · 100%
Holdings
2
Accounts 84 days overdue0 of 3 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingLiquidity: current ratio 6.86, cash €192,645, halvedFigures for financial year 2024 (filed 16-10-2025)1 financial year not filed after the legal deadline; latest accounts 71 days late; 3 of the last 3 latelowers riskSize: total assets €43.8mShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 70, large)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 100=
equity 90.0% of total assets
Liquidity 51-4
short-term debt 4.8% · cash 0.4%
Profitability 22+4
return on assets 2.5%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (205 companies, NACE 70, large)
Last 24 months 11-2024: 1.9% 12-2024: 2.2%▲ +0.3 percentage points vs 11-2024highest value 01-2025: 0.6%▼ -1.6 percentage points vs 12-2024 02-2025: 0.5%▼ -0.1 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%▼ -0.3 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
Credit of up to €2,200,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 6.86, compared with 6.02 in 2023, above the usual 1.5; short-term debt: 4.8% and cash: 0.4% of total assets), and 10% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, large): better than 74% on solvency, 62% on liquidity, 18% on profitability and 52% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 6.86, cash €192,645, halved
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 16-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 71 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €43.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 84 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
71 days late
2023
121 days late
2022
100 days late
2021
197 days late
2020
334 days late
2019
90 days late
← 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 152 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Back to profitnet €1.1m
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Positive: Back in profit in 2024after -€310,995 in 2023 €1.1m View
  • Positive: Among the best 5% on net resultsector median €45,728 · 8,095 companies €1.1m View
  • Caution: Accounts not fileddeadline was 31-07-2026 84 days late View
  • Controlled by Ikigai 100% View

By topic

Financials

Financial year
2024
Total assets
€43.8m
Profit
€1.1m
Solvency
90.0%
Total assets▼ 0.2%
Net result
20182024
Go to Financials

Timeline

Events
19
Since
2011
  1. 31-12-2023Weakest financial year
  2. 31-12-2023Liquidity more than 7 times
  3. 08-11-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
21-12-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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