Skip to content
Checked.be
Complete company report
Generated 19-07-2026
Active BE 0783.548.479Private limited company

SAEPRE

Havenzijde 83 ·8434 Middelkerke, Belgium· 4 yrs active
Sector: Retail trade (47210)
Conclusion Checked

The computed 12-month bankruptcy probability of SAEPRE is 1.6% (moderate). The 2025 annual accounts show equity of €119k and a net result of €40k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 1382 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €119k
Net result €40k
Better than sector 95%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health100Profitability100Solvency100Growth52Stability94
89 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 100
Solvency 100
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
100 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 04-05-2026 with the NBB · fiscal year 2025 · micro
€0€20k€40k€60k€80kOperating result 2023: €76k€76kNet result 2023: €56k€56kOperating result 2024: €29k€29kNet result 2024: €22k€22kOperating result 2025: €22k€22kNet result 2025: €40k€40k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~38.7%/year over 3 fiscal years, indicative, assuming unchanged policy.
€50k€100k€150k€200k2026: €150k (€141k - €160k)2027: €181k (€172k - €191k)2028: €212k (€203k - €222k)2023: €57k2024: €80k2025: €119k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 89.9% 23.3%
better than 95% of 1382 sector peers
Net result €40k €8k
better than 82% of 1380 sector peers
Equity €119k €26k
better than 83% of 1383 sector peers
Gross operating margin €34k €36k
better than 49% of 1377 sector peers
Staff costs €6k €42k
higher than 19% of 585 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€24k
-43.7% -40% vs sector
Net profit
€40k
+77.4% far above sector median
Cash flow
€41k
+17.6% +26% vs sector
Total assets
€133k
-17.8% -14% vs sector
Equity
€119k
+49.6% +112% vs sector
Working capital
€113k
+164.4% far above sector median
Staff costs
€6k
- -92% vs sector
Income taxes
€10k
+77.7% far above sector median
Debt
€13k
-83.5% -84% vs sector
Debt ≤ 1y
€13k
-75.7% -73% vs sector
Debt > 1y
€26k
-29.1% +57% vs sector
Current ratio
9.37
+429.3% far above sector median
Quick ratio
9.37
+429.3% far above sector median
Solvency
89.9%
+81.9% +170% vs sector
Debt / equity
0.11
-89.0% -90% vs sector
ROE
33.1%
+18.6% +123% vs sector
ROA
29.8%
+115.8% far above sector median
Interest coverage
11.87
-60.8% +84% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€24k
Net profit€40k
Cash flow€41k
Staff costs€6k
Income taxes€10k
Dividends-
Total assets€133k
Equity€119k
Debt€13k
of which ≤ 1y€13k
of which > 1y-
Working capital€113k
Employees (FTE)-
Ratios (computed)
2025
Current ratio9.37
Quick ratio9.37
Working capital ratio84.8%
Solvency89.9%
Debt / equity0.11
Long-term debt ratio-
Interest coverage11.87
Gross margin-
Net margin-
ROA29.8%
ROE33.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€133k
Fixed assets 21/28€7k
Tangible fixed assets 22/27€7k
Current assets 29/58€126k
Amounts receivable within one year 40/41€69k
Cash & bank 54/58€57k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€133k
Equity 10/15€119k
Contributions / capital 10/11€1k
Reserves 13€118k
Amounts payable 17/49€13k
Amounts payable within one year 42/48€13k
Trade debts payable within one year 44€411
Income statement
Gross operating margin 9900€34k
Operating result 9901€22k
Financial income 75€172
Financial charges 65€2k
Result before taxes 9903€50k
Income taxes 67/77€10k
Net result for the period 9904€40k
Result to be appropriated 9905€40k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 5 directors
Current directors & mandates
  • Brenda Struelens
    Director
    State Gazette act 25065774 (22-05-2025)
    Current
    01-02-2023 → present
Former directors (4)
  • Bianca Smagge
    Director
    State Gazette act 25065774 (22-05-2025)
    Former
    01-02-2023 → 14-11-2025
    2 events
    • 14-11-2025 Resigned· Director
    • 01-02-2023 Appointed· Director
  • Brenda Streulens
    Director
    State Gazette act 25155243 (09-12-2025)
    Former
    - → 14-11-2025
  • Frank Desaever
    Director
    State Gazette act 25065774 (22-05-2025)
    Former
    01-02-2023 → 14-11-2025
    2 events
    • 14-11-2025 Resigned· Director
    • 01-02-2023 Appointed· Director
  • Remko Germonpré
    Director
    State Gazette act 25155243 (09-12-2025)
    Former
    - → 14-11-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Retail trade(47210)
Legal form Private limited company(610)
Incorporation17-03-2022
StatusActive
Postal code8434
Establishment units 1 location
Vishandel Ronquetti
Jordaenspolder 7, 8434 MiddelkerkeActiviteiten van hoofdkantoren
since 20222.328.894.774
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35022C0344/00G002 Flanders 591 m² 1 · 100 m² 7.7 m · 2 fl.
35009B0581/00F005 Flanders 178 m² 1 · 74 m² 0.1 m
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.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
04-05-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
09-12-2025
State Gazette act Director changes
v3.2
16-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
22-05-2025
State Gazette act Director changes
v3.2
2024
11-05-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
21-03-2022
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 7 months ago
2025
09-12-2025 4 resigning Director changes
  • Remko Germonpré, Bestuurder
  • Frank Desaever, Bestuurder
  • Bianca Smagge, Bestuurder
  • Brenda Streulens, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Remko Germonpr\u00E9",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-11-14",
      "evidence_quote": "Ontslag van de heer Remko Germonpr\u00E9, de heer Frank Desaever, Mevrouw Bianca Smagge en Mevrouw Brenda Streulens vanaf heden."
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Frank Desaever",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-11-14",
      "evidence_quote": "Ontslag van de heer Remko Germonpr\u00E9, de heer Frank Desaever, Mevrouw Bianca Smagge en Mevrouw Brenda Streulens vanaf heden."
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Bianca Smagge",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-11-14",
      "evidence_quote": "Ontslag van de heer Remko Germonpr\u00E9, de heer Frank Desaever, Mevrouw Bianca Smagge en Mevrouw Brenda Streulens vanaf heden."
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Brenda Streulens",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-11-14",
      "evidence_quote": "Ontslag van de heer Remko Germonpr\u00E9, de heer Frank Desaever, Mevrouw Bianca Smagge en Mevrouw Brenda Streulens vanaf heden."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0783.548.479",
    "name_full": "SAEPRE",
    "legal_form": "BV"
  }
}
22-05-2025 3 directors appointed Director changes
  • Bianca Smagge, Bestuurder
  • Frank Desaever, Bestuurder
  • Brenda Struelens, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Bianca Smagge",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2023-02-01",
      "evidence_quote": "Aanstellen van Mevrouw Smagge Bianca als onbezoldigd bestuurder vanaf heden"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Frank Desaever",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2023-02-01",
      "evidence_quote": "Aanstellen van de heer Desaever Frank als onbezoldigd bestuurder vanaf heden"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Brenda Struelens",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2023-02-01",
      "evidence_quote": "Aanstellen van Mevrouw Streulens Brenda als onbezoldigd bestuurder vanaf heden"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0783.548.479",
    "name_full": "SAEPRE",
    "legal_form": "BV"
  }
}
2022
21-03-2022 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "8434 Middelkerke, Havenzijde 83",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1997-09-25",
        "name": "Remko Sadik Gina GERMONPR\u00C9",
        "niss": null,
        "address": "8434 Middelkerke, Havenzijde 83"
      },
      "share_class": "naam",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 500,
      "holder_person_name": "Remko Sadik Gina GERMONPR\u00C9",
      "is_subscriber_only": false,
      "n_shares_subscribed": 10,
      "amount_subscribed_eur": 500,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1997-10-21",
        "name": "Steffi Sharon DESAEVER",
        "niss": null,
        "address": "8434 Middelkerke, Havenzijde 83"
      },
      "share_class": "naam",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 500,
      "holder_person_name": "Steffi Sharon DESAEVER",
      "is_subscriber_only": false,
      "n_shares_subscribed": 10,
      "amount_subscribed_eur": 500,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 1000,
  "subject_company": {
    "kbo": "0783.548.479",
    "name_full": "SAEPRE",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2022-03-17",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in groenten en fruit47210
Primary activity highlighted.
Names & trade names
Legal nameNL SAEPRE
Registered office
Havenzijde 83
8434 Middelkerke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
MAKKELIJK GEZOND BE 0536.445.434 · Sint-Katelijne-Waver
Sublime-Vipe BE 0535.552.242 · Nazareth-De Pinte
DE HASPENGOUWER BE 0461.946.068 · Bilzen-Hoeselt
PARIS GOURMET BE 0521.823.475 · Braine-le-Comte
CODUVAN BE 0455.797.951 · Estinnes
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative