SAHBO
ActiveSAHBO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23k and a net result of €307. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+34
Solvency64=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.43 in 2023; short-term debt: 61% and cash: 41% of total assets), and 61% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
39%
Return on assets
0.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
68 d late
2022
70 d late
2021
27 d late
2020
91 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€23k▲ 1.4%
2023 · €22k
2018: €13k
2019: €14k
2020: €18k
2021: €22k
2022: €23k
2023: €22k
2018 → 2024
Total assets
€58k▲ 0.7%
2023 · €58k
2018: €43k
2019: €46k
2020: €58k
2021: €57k
2022: €64k
2023: €58k
2018 → 2024
Net result
€307
2023 · €-697
2018: €958
2019: €573
2020: €4k
2021: €4k
2022: €1k
2023: €-697
2018 → 2024
Working capital
€18k▲ 15.7%
2023 · €15k
2018: €-10k
2019: €-6k
2020: €2k
2021: €10k
2022: €14k
2023: €15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€18k-€22k▲ 23.2%€23k▲ 5.7%€22k▼ 3.0%€23k▲ 1.4%
Operating result€4k-€5k▲ 26.8%€3k▼ 40.7%€2k▼ 30.3%€2k▼ 11.6%
Net result€4k-€4k▲ 7.1%€1k▼ 69.6%€-697€307
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 12% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58k
Fixed assets
€5k▼ 28.7%
Current assets
€53k▲ 4.9%
Equity and liabilities €58k
Equity
€23k▲ 1.4%
Debt
€36k▲ 0.3%
The debt ratio falls from 61.2% to 61.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2023 · €4k
Cash flow
€2k▲
2023 · €1k
Solvency
39.0%▲
2023 · 38.8%
Current ratio
1.49▲
2023 · 1.43
Quick ratio
1.38▲
2023 · 1.37
Debt / equity
1.56▼
2023 · 1.58
ROE
1.3%▲
2023 · -3.1%
ROA
0.5%▲
2023 · -1.2%
Interest coverage
5.76▲
2023 · 1.87
Debt
€36k▲
2023 · €35k
Debt ≤ 1 year
€36k▲
2023 · €35k
Income taxes
€1k▲
2023 · €635
Staff costs
€14▼
2023 · €57
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€58k€58k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Land and buildings22€7k€5k▼
Current assets29/58€51k€53k▲
Amounts receivable after more than one year29€21k€21k=
Other amounts receivable291€21k€21k=
Stocks and contracts in progress3€2k€4k▲
Stocks30/36€2k€4k▲
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40€5k€2k▼
Other amounts receivable41€4€200▲
Cash at bank and in hand54/58€23k€24k▲
Deferred charges and accrued income490/1€479€2k▲
Equity and liabilities
Total equity and liabilities10/49€58k€58k▲
Equity10/15€22k€23k▲
Contributions10/11€12k€12k=
Reserves13€9k€9k=
Non-distributable reserves130/1€77€77=
Reserves not available under the articles1311€77€77=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€832€1k▲
Amounts payable17/49€35k€36k▲
Amounts payable within one year42/48€35k€36k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€25k€26k▲
Income statement
Code20232024
Remuneration, social security and pensions62€57€14▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€6k€5k▼
Operating profit (loss)9901€2k€2k▼
Financial income75/76B€16€73▲
Recurring financial income75€16€73▲
Financial charges65/66B€2k€703▼
Recurring financial charges65€2k€703▼
Profit (loss) for the period before taxes9903€-62€1k▲
Income taxes67/77€635€1k▲
Profit (loss) for the period9904€-697€307▲
Profit (loss) for the period to be appropriated9905€-697€307▲
Appropriation of the result
Profit (loss) to be appropriated9906€832€1k▲
Profit (loss) brought forward from the previous period14P€2k€832▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Back to profitnet €307
Net result €307 after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-697 ▼156%
Net result drops to €-697, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Highest result since 2018net €4k ▲7.1%
Operating result €5k, net result €4k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Knokke-Heist · 1 establishment unit since 2017
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.
Leopoldlaan 1548300 Knokke-HeistGround area
1,509 m²
Building footprint
233 m²
Volume, LiDAR
3,798 m³
Parcel 31013A0775/00C000, Flanders · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SAHBO
since 20172.265.560.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0775/00C000 | Flanders | 1,509 m² | 1 · 233 m² | 20.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 siteKnokke-Heist2.265.560.209
Similar companies · same sector, comparable size
ERCOBAN
BE 0860.939.237
Gent · Eq €23k
Hobby Vert Beauraing
BE 0546.563.920
Beauraing · Eq €23k
DE SMAAKNATIE
BE 0810.217.640
Antwerpen · Eq €23k
Cabasse - Cookings
BE 0803.829.397
Retie · Eq €22k
Nowa Zlota Polska
BE 0685.394.575
Antwerpen · Eq €23k
Of 2,477 companies in sector 47279 we hold annual accounts for 950. 718 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-06-2017
Fiscal year end31-12
Activities, NACEBEL
47279Other retail sale of food
47299Retail trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.