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SADHAR

Active
Private limited companyfounded 2023active for 3 yearsde Fiennesstraat 10 (rez), 1070 Anderlecht, BelgiumKBO/BCE: BE 0804.473.161

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 24-07-2026 at the NBB all 2 filings

Turnover
€522,887▲ 18.0%
2024 · €442,992
EBIT margin
0.8%▼ 0.3pp
2024 · 1.1%
Net result
€3,214▼ 16.3%
2024 · €3,841
Working capital
€8,655▲ 10.4%
2024 · €7,841
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is 16% lower than in 2024.

Turnover€522,887 2025 Operating result€4,121 2025 Net result€3,214 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Turnover€442,992-€522,887▲ 18.0%
Operating result€4,894-€4,121▼ 15.8%
Net result€3,841within the sector's middle half-€3,214within the sector's middle half▼ 16.3%
EBIT margin1.1%-0.8%▼ 0.3pp
Equity€3,841below the sector's middle half-€7,055below the sector's middle half▲ 83.7%
Total assets€15,286below the sector's middle half-€31,716below the sector's middle half▲ 107%
Debt€11,445-€24,661▲ 115%
Working capital€7,841within the sector's middle half-€8,655within the sector's middle half▲ 10.4%
Solvency25.1%within the sector's middle half-22.2%within the sector's middle half▼ 2.9pp
Current ratio2.05within the sector's middle half-1.38within the sector's middle half▼ 0.68
Return on assets (ROA)25.1%above the sector's middle half-10.1%within the sector's middle half▼ 15.0pp
above within below The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €31,716
Equity €7,055 ▲ 83.7%
Debt €24,661 ▲ 115%
Debt's share of the balance-sheet total rises from 74.9% to 77.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.04▼
2024 · 0.21
Debt to equity
3.50▲
2024 · 2.98
ROE
45.6%▼
2024 · 100.0%
Debt ≤ 1 year
€23,061▲
2024 · €7,445
Debt > 1 year
€1,600▼
2024 · €4,000
Income taxes
€804▼
2024 · €960
Supplier credit
1 day▼
2024 · 1 day
Staff costs
€44,305▲
2024 · €15,714
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as SADHAR: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €22,400 and €49,500, founded between 2022 and 2024.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
SADHAR Anderlecht2023€31,716€7,055€49,563€522,887€3,2142025
MY ECO CLEAN Brussel2023€49,512-€23,398€56,367--€22,7042025
BAJWA Sint-Gillis (bij-Brussel)2022€34,483€10,975€72,284-€20,6352025
Moon-Shine Sint-Gillis (bij-Brussel)2024€25,186-€20,536€40,199--€19,7732025
ANSI ANSAR Berlare2022€38,873-€11,940€47,486-€5712025
YS CARS Namur2024€22,379-€39,412€46,877--€24,6582025
P.R. PARTNERS Liège2023€46,774-€19,650€43,417-€8,3512025

They were chosen from the 869 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 7,976 companies had the same profile as SADHAR has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SADHAR itself: 3.0% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,976 companies, not a prediction for SADHAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines

Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€15,286€31,716▲
Current assets29/58€15,286€31,716▲
Stocks and contracts in progress3€13,705€30,899▲
Stocks30/36€13,705€30,899▲
Cash at bank and in hand54/58€1,414€329▼
Deferred charges and accrued income490/1€167€488▲
Equity and liabilities
Total equity and liabilities10/49€15,286€31,716▲
Equity10/15€3,841€7,055▲
Profit (loss) carried forward14€3,841€7,055▲
Amounts payable17/49€11,445€24,661▲
Amounts payable after more than one year17€4,000€1,600▼
Other amounts payable178/9€4,000€1,600▼
Amounts payable within one year42/48€7,445€23,061▲
Trade debts44€713€680▼
Suppliers440/4€713€680▼
Taxes, remuneration and social security45€6,633€22,381▲
Taxes450/3€3,951€6,677▲
Remuneration and social security454/9€2,681€15,704▲
Other amounts payable47/48€100-
Income statement Code20242025
Turnover70€442,992€522,887▲
Goods, raw materials, services and sundry goods60/61€454,312€475,239▲
Remuneration, social security and pensions62€15,714€44,305▲
Other operating charges640/8€775€1,137▲
Gross operating margin9900€21,384€49,563▲
Operating profit (loss)9901€4,894€4,121▼
Financial charges65/66B€93€103▲
Recurring financial charges65€93€103▲
Profit (loss) for the period before taxes9903€4,801€4,018▼
Income taxes67/77€960€804▼
Profit (loss) for the period9904€3,841€3,214▼
Profit (loss) for the period to be appropriated9905€3,841€3,214▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,841€7,055▲
Profit (loss) brought forward from the previous period14P-€3,841
Line20242025Change
Turnover70€442,992€522,887▲ 18.0%
Goods, raw materials, services and sundry goods60/61€454,312€475,239▲ 4.6%
Remuneration, social security and pensions62€15,714€44,305▲ 182%
Other operating charges640/8€775€1,137▲ 46.8%
Gross operating margin9900€21,384€49,563▲ 132%
Operating profit (loss)9901€4,894€4,121▼ 15.8%
Financial charges65/66B€93€103▲ 10.8%
Recurring financial charges65€93€103▲ 10.8%
Profit (loss) for the period before taxes9903€4,801€4,018▼ 16.3%
Income taxes67/77€960€804▼ 16.3%
Profit (loss) for the period9904€3,841€3,214▼ 16.3%
Profit (loss) for the period to be appropriated9905€3,841€3,214▼ 16.3%
Line20242025Change
Assets
Total assets20/58€15,286€31,716▲ 107%
Current assets29/58€15,286€31,716▲ 107%
Stocks and contracts in progress3€13,705€30,899▲ 125%
Stocks30/36€13,705€30,899▲ 125%
Cash at bank and in hand54/58€1,414€329▼ 76.7%
Deferred charges and accrued income490/1€167€488▲ 191%
Equity and liabilities
Total equity and liabilities10/49€15,286€31,716▲ 107%
Equity10/15€3,841€7,055▲ 83.7%
Profit (loss) carried forward14€3,841€7,055▲ 83.7%
Amounts payable17/49€11,445€24,661▲ 115%
Amounts payable after more than one year17€4,000€1,600▼ 60.0%
Other amounts payable178/9€4,000€1,600▼ 60.0%
Amounts payable within one year42/48€7,445€23,061▲ 210%
Trade debts44€713€680▼ 4.7%
Suppliers440/4€713€680▼ 4.7%
Taxes, remuneration and social security45€6,633€22,381▲ 237%
Taxes450/3€3,951€6,677▲ 69.0%
Remuneration and social security454/9€2,681€15,704▲ 486%
Other amounts payable47/48€100--
Line20242025Change
Profit (loss) for the period9904€3,841€3,214▼ 16.3%
Operating cash flow (approximation)€3,841€3,214▼ 16.3%
Change in cash--€1,085-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 24-07-2026 2026-00326911 NBB
31-12-2024 micro format 09-07-2025 2025-00256761 PDF

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