Financials
- Fiscal year
- 2024
- Total assets
- €72,634
- Loss
- -€22,020
- Solvency
- 17.8%
Total assets▲ 64.2%
Net result
20182024
SADRI
ActiveSummary
The computed 12-month bankruptcy probability of SADRI is 6.5% (elevated). The annual accounts of SADRI for fiscal year 2024 show a net loss of 63% of the equity at the start of that year. The 2024 annual accounts show equity of €12,923 and a net result of -€22,020. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 26033 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of bread and pastry (bakery outlets)
NACE 47241Artisanal bread and fresh pastry making NACE 10712
1 site
Size
€72,634total assets 2024
- Staff
- 1 FTE
- Equity
- €12,923
- Loss
- -€22,020
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 7 deeds read
Why 33- 1 financial year not filed after the legal deadline; latest accounts 193 days late; 3 of the last 3 late- Figures for FY 2024 (filed 10-02-2026)- Loss of €22,020, the second in a row (FY 2024)+ Founded in 2014Show the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 17% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
43-57
equity 17.8% of total assets
Liquidity
20-33
short-term debt 82.2% · cash 11.9%
Profitability
0-17
return on assets -30.3%
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.9%
12-2024: 1.9%▲ +1.0% vs 11-2024
01-2025: 1.9%● 0.0% vs 12-2024
02-2025: 1.9%▼ -1.4% vs 01-2025
03-2025: 1.8%▼ -4.6% vs 02-2025
04-2025: 1.8%▲ +1.3% vs 03-2025
05-2025: 1.8%▼ -1.7% vs 04-2025
06-2025: 1.7%▼ -3.6% vs 05-2025lowest value
07-2025: 1.9%▲ +7.7% vs 06-2025
08-2025: 2.1%▲ +13.6% vs 07-2025
09-2025: 2.0%▼ -7.7% vs 08-2025
10-2025: 2.9%▲ +48.2% vs 09-2025
11-2025: 2.6%▼ -11.2% vs 10-2025
12-2025: 3.7%▲ +41.7% vs 11-2025
01-2026: 5.4%▲ +48.3% vs 12-2025
02-2026: 5.4%● 0.0% vs 01-2026
03-2026: 5.2%▼ -3.8% vs 02-2026
04-2026: 5.3%▲ +0.8% vs 03-2026
05-2026: 5.2%▼ -1.6% vs 04-2026
06-2026: 4.9%▼ -4.4% vs 05-2026
07-2026: 4.9%▼ -0.3% vs 06-2026
08-2026: 5.4%▲ +10.1% vs 07-2026
09-2026: 5.2%▼ -3.5% vs 08-2026
10-2026: 6.5%▲ +23.6% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 193 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 10-02-2026) raises the probability
- Loss of €22,020, the second in a row (FY 2024) raises the probability
- Founded in 2014 lowers the probability for this profile
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.19 against 4.39 in 2023; short-term debt: 82.2% and cash: 11.9% of total assets), and 82.2% 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 47, micro). Better than this share of them on solvency 34%, liquidity 18%, profitability 6%, growth against the median 9%. 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.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€22,020
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-02-2026, 193 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
193 d late
2023
65 d late
2022
94 d late
2021
89 d late
2020
47 d late
2019
87 d 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 96 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€22,020
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 09-02-2026Annual accounts filed
- 31-12-2024Weakest financial year
- 04-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of bread and pastry (bakery outlets)NACE 47241
- Founded
- 07-02-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.