Saffron Sourcing
ActiveSaffron Sourcing has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417k and a net result of €-40k. Equity is growing by ~60.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-79
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
short-term debt: 0.8% and cash: 0.5% of total assets, and 0.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
99.2%
Return on assets
-9.5%
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 04-07-2026, 27 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
27 d early
2024
35 d early
2023
27 d late
2022
on the day
2021
52 d early
2020
2 d early
2019
11 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€417k▼ 8.7%
2024 · €457k
2018: €26k
2019: €35k
2020: €39k
2021: €151k
2022: €267k
2023: €392k
2024: €457k
2018 → 2025
Total assets
€421k▼ 9.6%
2024 · €466k
2018: €27k
2019: €43k
2020: €47k
2021: €156k
2022: €274k
2023: €399k
2024: €466k
2018 → 2025
Net result
€-40k
2024 · €65k
2018: €6k
2019: €8k
2020: €4k
2021: €112k
2022: €116k
2023: €125k
2024: €65k
2018 → 2025
Working capital
€370k▼ 18.1%
2024 · €451k
2018: €22k
2019: €26k
2020: €32k
2021: €148k
2022: €266k
2023: €386k
2024: €451k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€151k-€267k▲ 76.7%€392k▲ 46.8%€457k▲ 16.6%€417k▼ 8.7%
Operating result€160k-€171k▲ 7.0%€184k▲ 7.3%€89k▼ 51.4%€-40k
Net result€112k-€116k▲ 3.3%€125k▲ 7.8%€65k▼ 47.8%€-40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €40k after €89k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421k
Fixed assets
€48k▲ 722%
Current assets
€373k▼ 18.8%
Equity and liabilities €421k
Equity
€417k▼ 8.7%
Debt
€4k▼ 56.6%
The debt ratio falls from 1.8% to 0.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-29k▼
2024 · €91k
Cash flow
€-28k▼
2024 · €67k
Solvency
99.2%▲
2024 · 98.2%
Debt / equity
0.01▼
2024 · 0.02
ROE
-9.5%▼
2024 · 14.3%
ROA
-9.5%▼
2024 · 14.0%
Interest coverage
-423.97▼
2024 · 932.98
Debt
€4k▼
2024 · €8k
Debt ≤ 1 year
€4k▼
2024 · €8k
A ratio outside any meaningful range has been withheld (balance sheet total €421k, equity €417k).
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€466k€421k▼
Fixed assets21/28€6k€48k▲
Tangible fixed assets22/27€6k€48k▲
Plant, machinery and equipment23€880€511▼
Furniture and vehicles24€5k€47k▲
Current assets29/58€460k€373k▼
Amounts receivable within one year40/41€7k€867▼
Trade receivables40€1k€368▼
Other amounts receivable41€6k€499▼
Current investments50/53€370k€370k=
Cash at bank and in hand54/58€82k€2k▼
Equity and liabilities
Total equity and liabilities10/49€466k€421k▼
Equity10/15€457k€417k▼
Contributions10/11€20k€20k=
Reserves13€437k€437k=
Distributable reserves133€437k€437k=
Profit (loss) carried forward14-€-40k
Amounts payable17/49€8k€4k▼
Amounts payable within one year42/48€8k€4k▼
Trade debts44€301€30▼
Suppliers440/4€301€30▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€1k€973▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€12k▲
Other operating charges640/8€513€815▲
Gross operating margin9900€91k€-28k▼
Operating profit (loss)9901€89k€-40k▼
Financial income75/76B€7k€325▼
Recurring financial income75€7k€325▼
Financial charges65/66B€97€67▼
Recurring financial charges65€97€67▼
Profit (loss) for the period before taxes9903€96k€-40k▼
Income taxes67/77€31k-
Profit (loss) for the period9904€65k€-40k▼
Profit (loss) for the period to be appropriated9905€65k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€-40k▼
Transfer to equity691/2€65k-
To other reserves6921€65k-
The notes to these accounts (5 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
04-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-40k ▼161%
Net result drops to €-40k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2018net €125k ▲7.8%
Operating result €184k, net result €125k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €267k ▲76.7%
5 profitable years in a row build equity to €267k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 6current ratio 32.35
Current ratio from 5.08 to 32.35; short-term debt falls from €8k to €5k.
31-12
Financial
Equity above €150kEq €151k ▲289%
4 profitable years in a row build equity to €151k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Brugge · 2 establishment units since 2018
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.
Driezwanenstraat 98000 BruggeGround area
519 m²
Building footprint
496 m²
Volume, LiDAR
9,724 m³
2 parcels, Brussels, Flanders · tallest building 26.5 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Saffron Sourcing
since 20182.271.840.859
Saffron Sourcing
since 20182.271.840.958
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1533/00K000 | Brussels | 441 m² | 1 · 438 m² | 26.5 m · 7 fl. |
| 31005A0119/00C002 | Flanders | 78 m² | 1 · 58 m² | 7.8 m · 2 fl. |
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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 36,056 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:johan.lauwers1@gmail.com
Phone:0496127127