SAIRAM
ActiveSAIRAM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238k and a net result of €17k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 13306 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+5
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 2.74 in 2024; short-term debt: 18.9% and cash: 1.5% of total assets), and 24.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 56
higher
← 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
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
75.9%
Return on assets
5.5%
Age of the figures
18 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
65 d early
2023
on the day
2022
on the day
2021
5 d early
2020
3 d late
2019
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€238k▲ 7.8%
2024 · €221k
2019: €38k
2020: €48k
2021: €99k
2022: €188k
2023: €216k
2024: €221k
2019 → 2025
Total assets
€314k▲ 17.5%
2024 · €267k
2019: €64k
2020: €74k
2021: €128k
2022: €256k
2023: €284k
2024: €267k
2019 → 2025
Net result
€17k▲ 259%
2024 · €5k
2019: €16k
2020: €10k
2021: €51k
2022: €89k
2023: €28k
2024: €5k
2019 → 2025
Working capital
€182k▲ 127%
2024 · €80k
2019: €23k
2020: €39k
2021: €90k
2022: €166k
2023: €180k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€188k▲ 89.4%€216k▲ 15.1%€221k▲ 2.2%€238k▲ 7.8%
Operating result€65k-€127k▲ 94.9%€45k▼ 64.1%€1k▼ 96.9%€16k▲ 1,042%
Net result€51k-€89k▲ 74.0%€28k▼ 68.0%€5k▼ 83.1%€17k▲ 259%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,042% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €314k
Fixed assets
€72k▼ 48.7%
Current assets
€242k▲ 91.6%
Equity and liabilities €314k
Equity
€238k▲ 7.8%
Debt
€76k▲ 64.5%
The debt ratio rises from 17.2% to 24.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▲
2024 · €12k
Cash flow
€31k▲
2024 · €15k
Solvency
75.9%▼
2024 · 82.8%
Current ratio
4.07▲
2024 · 2.74
Quick ratio
4.01▲
2024 · 2.67
Debt / equity
0.32▲
2024 · 0.21
ROE
7.2%▲
2024 · 2.2%
ROA
5.5%▲
2024 · 1.8%
Interest coverage
16.38▲
2024 · 8.71
Debt
€76k▲
2024 · €46k
Debt ≤ 1 year
€59k▲
2024 · €46k
Debt > 1 year
€16k
Income taxes
€7k▲
2024 · €2k
Staff costs
€86k▼
2024 · €114k
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€267k€314k▲
Fixed assets21/28€141k€72k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€32k€61k▲
Land and buildings22€12k€33k▲
Plant, machinery and equipment23€1k€10k▲
Furniture and vehicles24€19k€17k▼
Financial fixed assets28€109k€9k▼
Current assets29/58€126k€242k▲
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€113k€233k▲
Trade receivables40€7k€3k▼
Other amounts receivable41€105k€230k▲
Cash at bank and in hand54/58€10k€5k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€267k€314k▲
Equity10/15€221k€238k▲
Contributions10/11€20k€20k=
Reserves13€201k€218k▲
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€199k€216k▲
Profit (loss) carried forward14€100€274▲
Amounts payable17/49€46k€76k▲
Amounts payable after more than one year17-€16k
Financial debts170/4-€16k
Amounts payable within one year42/48€46k€59k▲
Current portion of amounts payable after more than one year42€0€11k▲
Trade debts44€9k€28k▲
Suppliers440/4€9k€28k▲
Taxes, remuneration and social security45€37k€16k▼
Taxes450/3€8k€5k▼
Remuneration and social security454/9€29k€10k▼
Other amounts payable47/48€0€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€114k€86k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€132k€121k▼
Operating profit (loss)9901€1k€16k▲
Financial income75/76B€6k€10k▲
Recurring financial income75€6k€10k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€6k€24k▲
Income taxes67/77€2k€7k▲
Profit (loss) for the period9904€5k€17k▲
Profit (loss) for the period to be appropriated9905€5k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€17k▲
Profit (loss) brought forward from the previous period14P-€100
Transfer to equity691/2€5k€17k▲
To other reserves6921€5k€17k▲
The notes to these accounts (12 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €5k ▼83.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €200kEq €216k ▲15.1%
5 profitable years in a row build equity to €216k.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €89k ▲74%
Operating result €127k, net result €89k, both a record.
31-03
Financial
Equity above €150kEq €188k ▲89.4%
4 profitable years in a row build equity to €188k.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2019
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
05-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-11-2025
Bedh Raj Puri: Resigned as Director
30-09-2025
Kunga Woser: Resigned as Director
06-10-2024
Zirmal Alizada: Resigned as Director
31-03-2024
Mohammad Tarin: Resigned as Director
01-12-2021
Aimal Khan Alizada: Resigned as Director
31-07-2021
Ayush Niraula: Resigned as Director
31-07-2021
Surya Niraula: Resigned as Director
31-07-2016
Ghale Rabindra: Resigned as Manager
31-12-2015
Niraula Yam Nath: Resigned as Manager
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2010
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.
Jan Breydelstraat 89000 GentGround area
219 m²
Building footprint
204 m²
Volume, LiDAR
1,846 m³
2 parcels, Flanders · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SAIRAM
since 20102.192.711.625
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A0676/00B000 | Flanders | 121 m² | 1 · 105 m² | 16.2 m · 4 fl. |
| 44815F1375/00C000 | Flanders | 98 m² | 1 · 100 m² | 13.8 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.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.192.711.625
Similar companies · same sector, comparable size
VEERLE DE ROUCK
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STRACCIATELLA
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BAHANA
BE 0459.517.407
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SUSHI HANAKO
BE 0568.822.747
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MATITI
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Middelkerke · Eq €239k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 6,297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-11-2009
Fiscal year end31-03
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.