SAHANE
ActiveSummary
The computed 12-month bankruptcy probability of SAHANE is 1.6% (moderate). The 2024 annual accounts show equity of €23k and a net result of €8k. Equity is growing by ~54.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 18936 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+2
Solvency83▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.76 in 2023; short-term debt: 41.9% and cash: 14.1% of total assets), and 41.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.1%
Return on assets
19.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
35 d early
2022
33 d early
2021
34 d early
2020
32 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€23k▲ 50.5%
2023 · €15k
2018: €-8klowest in 7 years
2019: €-5k▲ +32.8% vs 2018
2020: €9k▲ +260% vs 2019
2021: €13k▲ +54.5% vs 2020
2022: €9k▼ -35.1% vs 2021
2023: €15k▲ +73.6% vs 2022
2024: €23k▲ +50.5% vs 2023highest in 7 years
2018 → 2024
Total assets
€39k▲ 10.2%
2023 · €36k
2018: €8klowest in 7 years
2019: €11k▲ +37.3% vs 2018
2020: €25k▲ +131% vs 2019
2021: €26k▲ +6.6% vs 2020
2022: €22k▼ -17.4% vs 2021
2023: €36k▲ +64.1% vs 2022
2024: €39k▲ +10.2% vs 2023highest in 7 years
2018 → 2024
Net result
€8k▲ 19.1%
2023 · €6k
2018: €-5klowest in 7 years
2019: €3k▲ +151% vs 2018
2020: €14k▲ +434% vs 2019highest in 7 years
2021: €5k▼ -66.4% vs 2020
2022: €-5k▼ -199% vs 2021
2023: €6k▲ +236% vs 2022
2024: €8k▲ +19.1% vs 2023
2018 → 2024
Working capital
€-2k▲ 62.5%
2023 · €-5k
2018: €-14klowest in 7 years
2019: €-11k▲ +23.8% vs 2018
2020: €-11k▼ -0.5% vs 2019
2021: €-5k▲ +49.5% vs 2020
2022: €-9k▼ -59.9% vs 2021
2023: €-5k▲ +45.7% vs 2022
2024: €-2k▲ +62.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€13k▲ 54.5%€9k▼ 35.1%€15k▲ 73.6%€23k▲ 50.5%
2020: €9klowest in 5 years
2021: €13k▲ +54.5% vs 2020
2022: €9k▼ -35.1% vs 2021
2023: €15k▲ +73.6% vs 2022
2024: €23k▲ +50.5% vs 2023highest in 5 years
Operating result€16k-€6k▼ 62.6%€-4k€8k€12k▲ 45.9%
2020: €16khighest in 5 years
2021: €6k▼ -62.6% vs 2020
2022: €-4k▼ -162% vs 2021lowest in 5 years
2023: €8k▲ +310% vs 2022
2024: €12k▲ +45.9% vs 2023
Net result€14k-€5k▼ 66.4%€-5k€6k€8k▲ 19.1%
2020: €14khighest in 5 years
2021: €5k▼ -66.4% vs 2020
2022: €-5k▼ -199% vs 2021lowest in 5 years
2023: €6k▲ +236% vs 2022
2024: €8k▲ +19.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 46% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39k
Fixed assets
€25k ▲ 20.0%
Current assets
€15k ▼ 3.0%
Equity and liabilities €39k
Equity
€23k ▲ 50.5%
Debt
€16k ▼ 19.6%
Debt's share of the balance-sheet total falls from 57.5% to 41.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2023 · €13k
Cash flow
€15k▲
2023 · €11k
Current ratio
0.89▲
2023 · 0.76
Quick ratio
0.73▲
2023 · 0.69
Debt to equity
0.72▼
2023 · 1.35
ROE
33.6%▼
2023 · 42.4%
ROA
19.5%▲
2023 · 18.0%
Interest coverage
14.16▲
2023 · 9.77
Debt ≤ 1 year
€16k▼
2023 · €20k
Income taxes
€3k▲
2023 · €200
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€36k€39k▲
Fixed assets21/28€21k€25k▲
Tangible fixed assets22/27€19k€23k▲
Land and buildings22€1k€3k▲
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€6k€8k▲
Other tangible fixed assets26€8k€7k▼
Financial fixed assets28€1k€1k=
Current assets29/58€15k€15k▼
Stocks and contracts in progress3€2k€3k▲
Stocks30/36€2k€3k▲
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€8k€6k▼
Deferred charges and accrued income490/1€830€2k▲
Equity and liabilities
Total equity and liabilities10/49€36k€39k▲
Equity10/15€15k€23k▲
Contributions10/11€6k€6k=
Reserves13€9k€17k▲
Distributable reserves133€9k€17k▲
Profit (loss) carried forward14€-19€149▲
Amounts payable17/49€21k€16k▼
Amounts payable within one year42/48€20k€16k▼
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€200-
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€10k€5k▼
Accrued charges and deferred income492/3€625-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€2k€365▼
Gross operating margin9900€14k€19k▲
Operating profit (loss)9901€8k€12k▲
Financial income75/76B€4€1▼
Recurring financial income75€4€1▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€7k€10k▲
Income taxes67/77€200€3k▲
Profit (loss) for the period9904€6k€8k▲
Profit (loss) for the period to be appropriated9905€6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€8k▲
Profit (loss) brought forward from the previous period14P€-4k€-19▲
Transfer to equity691/2€2k€8k▲
To other reserves6921€2k€8k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €4k | €5k | €7k | ▲ 51.5% |
| Other operating charges640/8 | - | €977 | €854 | €2k | €365 | ▼ 78.7% |
| Gross operating margin9900 | €18k | €10k | €1k | €14k | €19k | ▲ 32.8% |
| Operating profit (loss)9901 | €16k | €6k | €-4k | €8k | €12k | ▲ 45.9% |
| Financial income75/76B | - | - | €1 | €4 | €1 | ▼ 75.0% |
| Recurring financial income75 | - | - | €1 | €4 | €1 | ▼ 75.0% |
| Financial charges65/66B | - | €864 | €955 | €1k | €1k | ▲ 2.1% |
| Recurring financial charges65 | €1k | €864 | €955 | €1k | €1k | ▲ 2.1% |
| Profit (loss) for the period before taxes9903 | €15k | €5k | €-5k | €7k | €10k | ▲ 54.3% |
| Income taxes67/77 | €1k | €450 | - | €200 | €3k | ▲ 1,188% |
| Profit (loss) for the period9904 | €14k | €5k | €-5k | €6k | €8k | ▲ 19.1% |
| Profit (loss) for the period to be appropriated9905 | €14k | €5k | €-5k | €6k | €8k | ▲ 19.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25k | €26k | €22k | €36k | €39k | ▲ 10.2% |
| Fixed assets21/28 | €19k | €19k | €17k | €21k | €25k | ▲ 20.0% |
| Tangible fixed assets22/27 | €18k | €18k | €16k | €19k | €23k | ▲ 21.4% |
| Land and buildings22 | - | €2k | €1k | €1k | €3k | ▲ 200% |
| Plant, machinery and equipment23 | - | €5k | €4k | €4k | €5k | ▲ 23.8% |
| Furniture and vehicles24 | - | €9k | €9k | €6k | €8k | ▲ 33.7% |
| Other tangible fixed assets26 | - | €2k | €2k | €8k | €7k | ▼ 12.9% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €5k | €7k | €4k | €15k | €15k | ▼ 3.0% |
| Stocks and contracts in progress3 | €957 | €396 | €1k | €2k | €3k | ▲ 74.0% |
| Stocks30/36 | - | €396 | €1k | €2k | €3k | ▲ 74.0% |
| Amounts receivable within one year40/41 | €2k | €2k | €409 | €5k | €4k | ▼ 12.1% |
| Trade receivables40 | - | - | €409 | €4k | €2k | ▼ 42.4% |
| Other amounts receivable41 | - | €2k | - | €1k | €2k | ▲ 75.9% |
| Cash at bank and in hand54/58 | €2k | €5k | €2k | €8k | €6k | ▼ 28.6% |
| Deferred charges and accrued income490/1 | - | €761 | €791 | €830 | €2k | ▲ 148% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25k | €26k | €22k | €36k | €39k | ▲ 10.2% |
| Equity10/15 | €9k | €13k | €9k | €15k | €23k | ▲ 50.5% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €3k | €7k | €7k | €9k | €17k | ▲ 83.3% |
| Distributable reserves133 | - | €7k | €7k | €9k | €17k | ▲ 83.3% |
| Profit (loss) carried forward14 | €16 | €268 | €-4k | €-19 | €149 | ▲ 884% |
| Amounts payable17/49 | €16k | €13k | €13k | €21k | €16k | ▼ 19.6% |
| Amounts payable within one year42/48 | €16k | €13k | €13k | €20k | €16k | ▼ 17.1% |
| Financial debts43 | - | - | €2k | - | - | - |
| Credit institutions430/8 | - | - | €2k | - | - | - |
| Trade debts44 | €5k | €6k | €6k | €5k | €7k | ▲ 34.4% |
| Suppliers440/4 | - | €6k | €6k | €5k | €7k | ▲ 34.4% |
| Taxes, remuneration and social security45 | - | €7k | €5k | €5k | €4k | ▼ 4.3% |
| Taxes450/3 | - | €1k | €794 | €200 | - | - |
| Remuneration and social security454/9 | - | €6k | €4k | €4k | €4k | = |
| Other amounts payable47/48 | - | - | - | €10k | €5k | ▼ 50.0% |
| Accrued charges and deferred income492/3 | - | €25 | €25 | €625 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €5k | €-5k | €6k | €8k | ▲ 19.1% |
| + Depreciation and write-downs630 | €1k | €3k | €4k | €5k | €7k | ▲ 51.5% |
| Operating cash flow (approximation) | €15k | €8k | €-728 | €11k | €15k | ▲ 32.7% |
| Investment in fixed assets (approximation) | - | €-3k | €-3k | €-8k | €-11k | ▼ 44.2% |
| Change in cash | - | €3k | €-3k | €6k | €-2k | ▼ 138% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €14k ▲434%
Operating result €16k, net result €14k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Dour · 1 establishment unit since 2010
Ground area
105 m²
Building footprint
103 m²
Volume, LiDAR
1,073 m³
Parcel 53020B0732/00A002, Wallonia · tallest building 20.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pitta Istambul
since 20102.190.779.048
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53020B0732/00A002 | Wallonia | 105 m² | 1 · 103 m² | 20.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDour2.190.779.048
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
47252Retail sale of beverages, general range
56210Event catering
Scores and ratios are computed by Checked and are not a credit decision.