Said Group
ActiveThe computed 12-month bankruptcy probability of Said Group is 1.9% (moderate). The 2025 annual accounts show equity of €164k and a net result of €78k. Equity is growing by ~77.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 11282 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency82▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.8 in 2024; short-term debt: 43% and cash: 57% of total assets), and 43% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
57%
Return on assets
27%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
17 d early
2023
37 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€164k▲ 89.9%
2024 · €86k
2023: €30k
2024: €86k
2023 → 2025
Total assets
€288k▲ 51.8%
2024 · €189k
2023: €174k
2024: €189k
2023 → 2025
Net result
€78k▲ 37.6%
2024 · €56k
2023: €25k
2024: €56k
2023 → 2025
Working capital
€161k▲ 95.3%
2024 · €82k
2023: €21k
2024: €82k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€30k-€86k▲ 189%€164k▲ 89.9%
Operating result€31k-€72k▲ 128%€98k▲ 37.4%
Net result€25k-€56k▲ 126%€78k▲ 37.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €288k
Fixed assets
€3k▼ 18.3%
Current assets
€284k▲ 53.4%
Equity and liabilities €288k
Equity
€164k▲ 89.9%
Debt
€124k▲ 19.9%
The debt ratio falls from 54.4% to 43.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€99k▲
2024 · €81k
Cash flow
€79k▲
2024 · €66k
Solvency
57.0%▲
2024 · 45.6%
Current ratio
2.30▲
2024 · 1.80
Quick ratio
2.24▲
2024 · 1.78
Debt / equity
0.75▼
2024 · 1.19
ROE
47.3%▼
2024 · 65.3%
ROA
27.0%▼
2024 · 29.8%
Interest coverage
130.43▲
2024 · 99.49
Debt
€124k▲
2024 · €103k
Debt ≤ 1 year
€124k▲
2024 · €103k
Income taxes
€20k▲
2024 · €14k
Staff costs
€33k▲
2024 · €1k
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€189k€288k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€457€1k▲
Financial fixed assets28€1k€0▼
Current assets29/58€185k€284k▲
Stocks and contracts in progress3€2k€8k▲
Stocks30/36€2k€8k▲
Amounts receivable within one year40/41€102k€110k▲
Trade receivables40€100k€110k▲
Other amounts receivable41€3k€332▼
Cash at bank and in hand54/58€78k€164k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€189k€288k▲
Equity10/15€86k€164k▲
Contributions10/11€5k€5k=
Reserves13€81k€159k▲
Distributable reserves133€81k€159k▲
Amounts payable17/49€103k€124k▲
Amounts payable within one year42/48€103k€124k▲
Trade debts44€52k€70k▲
Suppliers440/4€52k€70k▲
Advances received on contracts in progress46€23k€0▼
Taxes, remuneration and social security45€23k€43k▲
Taxes450/3€21k€38k▲
Remuneration and social security454/9€2k€6k▲
Other amounts payable47/48€6k€10k▲
Accrued charges and deferred income492/3€13€0▼
Income statement
Code20242025
Non-recurring operating income76A€750€0▼
Remuneration, social security and pensions62€1k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€1k▼
Other operating charges640/8€5k€8k▲
Gross operating margin9900€87k€140k▲
Operating profit (loss)9901€72k€98k▲
Financial income75/76B€41€10▼
Recurring financial income75€41€10▼
Financial charges65/66B€810€762▼
Recurring financial charges65€810€762▼
Profit (loss) for the period before taxes9903€71k€98k▲
Income taxes67/77€14k€20k▲
Profit (loss) for the period9904€56k€78k▲
Profit (loss) for the period to be appropriated9905€56k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€78k▲
Transfer to equity691/2€56k€78k▲
To the legal reserve6920€56k€0▼
To other reserves6921-€78k
The notes to these accounts (9 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €78k ▲37.6%
Operating result €98k, net result €78k, both a record.
31-12
Financial
Equity above €150kEq €164k ▲89.9%
3 profitable years in a row build equity to €164k.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Borsbeek · 2 establishment units since 2022
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.
de Robianostraat 138/002R2150 BorsbeekGround area
3,161 m²
Building footprint
1,232 m²
Volume, LiDAR
1,861 m³
2 parcels, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Said Group
since 20222.339.760.853
Smallandlaan 27, 2660 Antwerpen
since 20252.372.417.387
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382A0468/00D000 | Flanders | 2,705 m² | 1 · 1,010 m² | - |
| 11007A0099/00G018 | Flanders | 456 m² | 1 · 222 m² | 9.8 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 300 EUR awarded · 300 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 300 EUR | 300 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.372.417.387
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BE 0821.955.234
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Amalie
BE 0819.843.802
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BELGIUM PREMIUM BRANDS
BE 0843.178.141
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MAISON DEPARIS
BE 0832.884.065
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Of 1,641 companies in sector 46170 we hold annual accounts for 671. 462 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-2022
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.