SAHAN
SAHAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-3k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 95% of 12499 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
| Equity | €68k |
| Net result | €-3k |
| Better than sector | 95% |
| Active | 21 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 94.2% | 30.5% | |
| Net result | €-3k | €5k | |
| Equity | €68k | €30k | |
| Gross operating margin | €-2k | €62k | |
| Total assets | €72k | €116k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | €5k | €13k | €5k | €7k |
| Net profit | €-3k | €2k | €9k | €3k | €4k |
| Cash flow | - | €3k | €10k | €3k | €4k |
| Staff costs | - | - | - | - | - |
| Income taxes | €70 | €1k | €3k | €1k | €2k |
| Dividends | - | - | - | - | - |
| Total assets | €72k | €76k | €75k | €71k | €66k |
| Equity | €68k | €71k | €69k | €60k | €57k |
| Debt | €4k | €5k | €6k | €11k | €9k |
| of which ≤ 1y | €4k | €5k | €6k | €10k | €4k |
| of which > 1y | - | - | - | - | - |
| Working capital | €68k | €71k | €68k | €60k | €60k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 17.29 | 14.31 | 12.10 | 6.84 | 15.72 |
| Quick ratio | 16.33 | 13.92 | 11.95 | 6.79 | 15.40 |
| Working capital ratio | 94.2% | 93.0% | 91.0% | 83.9% | 91.0% |
| Solvency | 94.2% | 93.0% | 91.8% | 84.0% | 86.9% |
| Debt / equity | 0.06 | 0.08 | 0.09 | 0.19 | 0.15 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | 9.59 | 16.58 | 12.95 | 157.46 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -4.1% | 2.9% | 11.9% | 3.7% | 5.8% |
| ROE | -4.4% | 3.1% | 12.9% | 4.4% | 6.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €72k | €76k | €75k | €71k | €66k |
| Fixed assets | 21/28 | - | - | €626 | €1k | €2k |
| Tangible fixed assets | 22/27 | - | - | €626 | €1k | €2k |
| Current assets | 29/58 | €72k | €76k | €74k | €70k | €64k |
| Stocks & contracts in progress | 3 | €4k | €2k | €941 | €426 | €1k |
| Amounts receivable within one year | 40/41 | €52k | €61k | €57k | €49k | €46k |
| Cash & bank | 54/58 | €11k | €6k | €12k | €15k | €12k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €72k | €76k | €75k | €71k | €66k |
| Equity | 10/15 | €68k | €71k | €69k | €60k | €57k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €48k | €50k | €48k | €39k | €37k |
| Amounts payable | 17/49 | €4k | €5k | €6k | €11k | €9k |
| Amounts payable within one year | 42/48 | €4k | €5k | €6k | €10k | €4k |
| Trade debts payable within one year | 44 | €3k | €1k | €3k | €6k | €2k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-2k | €5k | €15k | €7k | €9k |
| Operating result | 9901 | €-3k | €4k | €12k | €4k | €6k |
| Financial income | 75 | €0 | - | - | €7 | €0 |
| Financial charges | 65 | €104 | €479 | €783 | €383 | €44 |
| Result before taxes | 9903 | €-3k | €3k | €12k | €4k | €6k |
| Income taxes | 67/77 | €70 | €1k | €3k | €1k | €2k |
| Net result for the period | 9904 | €-3k | €2k | €9k | €3k | €4k |
| Result to be appropriated | 9905 | €-3k | €2k | €9k | €3k | €4k |
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 08-08-2005 |
| Status | Active |
| Postal code | 3700 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73348B0144/00Z006 | Flanders | 134 m² | 1 · 154 m² | 9.4 m · 3 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
18-01-2023 All shares are now held by a single shareholder
Technical details
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"act_meta": {
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"pub_date": "2023-01-18",
"filing_date": "2023-01-05",
"act_kind_objet": "Onderwerp akte:"
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"underlying_resolution_date": "2022-10-01"
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"subject_company": {
"kbo": "0875.472.114",
"name_full": "Sahan",
"legal_form": "Besloten Vennootschap",
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}| Legal nameNL | SAHAN |