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SAILS

Active Private limited company (pre-2019)founded 1990active for 35 yearsKasteelstraat 53, 9140 TemseKBO/BCE: BE 0442.430.658

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1991
peak €43,896 (2021)
-€5,475▼ €16,815
lowest -€18,436 (2024)
-€18,436▼ €17,052
peak €122,976 (2021)
€90,910▼ 16.9%
€22,147▲ 74.0%
Documentsfilings and deeds
31-12-2025153 days late
2024micro format
Gross margin from €11,340 to -€5,475Loss of €18,436Equity from €109,346 to €90,910Debts from €12,728 to €22,147

Key points

from the 2024 annual accounts

Losses

-€32,066 in three years
-12,2462022-1,3842023-18,4362024

Every financial year from 2022 to 2024 closed with a loss. 2024 was the heaviest.

Filings

34 annual accounts 105 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

-€18,436

Lower net result than 88% of companies in retail trade. Sector median €4,554 · 25,614 companies.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,843 companies had the same profile as SAILS has now. Each dot stands for 15 companies, two years later.

84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,843 companies, not a prediction for SAILS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0442430658
First establishment Kasteelstraat 53, Temse
Incorporation published on 29-12-1990 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
SAILS Temse €113,057 -€5,475 80.4% -
JUTA Merchtem €103,312 -€6,991 3.7% -
AQUA-LADEUZE Beloeil €31,807 €588 39.9% -
NEUSJE Antwerp €21,341 €1,177 21.7% -
TAMAX FOOD Nazareth-De Pinte €33,709 €5,367 -112.2% -
DINA Antwerp €17,340 -€5,998 83.6% -
VISSPECIAALZAAK DE MAEYER Willebroek €145,779 €9,484 60.0% -

These companies have the same main activity as SAILS: retail trade (NACE 47230). They are comparable in size and age: total assets between €17,300 and €146,000, founded between 1988 and 2013.

Official details

Source: KBO
Status
Active since 05-12-1990Normal situation
Activity
Retail tradeNACE 47230
Establishment unit
2.051.041.6409140 Temse, since 15-01-1991
Financial year end
31 December
Peppol
Reachable since 23-09-2026
Company details

Annual accounts 2024

€113,057▼ 7.4%
Filing
Filed on 31-12-2025
Financials

Insights on SAILS

SAILS files the micro format. That format states no turnover. The gross margin fell from €32,506 in 2005 to -€5,475 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SAILS

What is the company number of SAILS?
The company number of SAILS is 0442.430.658. The VAT number is the same number with BE in front: BE 0442.430.658.
Where is SAILS based?
The registered office is at Kasteelstraat 53, 9140 Temse.Company details
What does SAILS do?
According to the KBO register, the main activity is retail trade (NACE 47230).
What is the legal form of SAILS?
SAILS is a private limited company (pre-2019) (BVBA).
When was SAILS founded?
SAILS was founded on 05-12-1990.
Is SAILS still active?
Yes, SAILS is an active enterprise in the KBO register.
What is the turnover of SAILS?
The annual accounts for financial year 2024 state no turnover. The abbreviated or micro format does not require it.Financials
Is SAILS profitable?
In financial year 2024, SAILS made a loss of €18,436.
Where can I find the annual accounts of SAILS?
SAILS filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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