SAK SHOP
ActiveSummary
For SAK SHOP, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €44k and a net result of €39k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 24629 sector peers (fiscal year 2023). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+61
Solvency63▲+33
Growth64▲+23
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2023Solvency, return and age of the figures
Solvency
38%
Return on assets
33.4%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-07-2024, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
7 d early
2022
305 d late
2021
236 d late
2020
528 d late
2019
399 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€927k▲ 39.9%
2022 · €663k
2018: €499k
2020: €349klowest value
2021: €751k▲ +115% vs 2020
2022: €663k▼ -11.7% vs 2021
2023: €927k▲ +39.9% vs 2022highest value
2018 → 2023
EBIT margin
5.4%▲ 5.0pp
2022 · 0.4%
2018: 7.2%highest value
2020: -8.0%lowest value
2021: 1.0%▲ +113% vs 2020
2022: 0.4%▼ -57.9% vs 2021
2023: 5.4%▲ +1139% vs 2022
2018 → 2023
Net result
€39k▲ 6,937%
2022 · €548
2018: €33k
2019: €-34k▼ -204% vs 2018lowest in 6 years
2020: €-29k▲ +15.8% vs 2019
2021: €6k▲ +119% vs 2020
2022: €548▼ -90.2% vs 2021
2023: €39k▲ +6937% vs 2022highest in 6 years
2018 → 2023
Working capital
€44k▲ 755%
2022 · €5k
2018: €42k
2019: €16k▼ -63.3% vs 2018
2020: €-7k▼ -145% vs 2019lowest in 6 years
2021: €5k▲ +165% vs 2020
2022: €5k▲ +12.0% vs 2021
2023: €44k▲ +755% vs 2022highest in 6 years
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€349k€751k▲ 115%€663k▼ 11.7%€927k▲ 39.9%
2020: €349klowest in 4 years
2021: €751k▲ +115% vs 2020
2022: €663k▼ -11.7% vs 2021
2023: €927k▲ +39.9% vs 2022highest in 4 years
Equity€28k-€-764€5k€5k▲ 11.4%€44k▲ 719%
2019: €28k
2020: €-764▼ -103% vs 2019lowest in 5 years
2021: €5k▲ +730% vs 2020
2022: €5k▲ +11.4% vs 2021
2023: €44k▲ +719% vs 2022highest in 5 years
Operating result€-33k-€-28k▲ 14.7%€8k€3k▼ 62.8%€50k▲ 1,634%
2019: €-33klowest in 5 years
2020: €-28k▲ +14.7% vs 2019
2021: €8k▲ +128% vs 2020
2022: €3k▼ -62.8% vs 2021
2023: €50k▲ +1634% vs 2022highest in 5 years
Net result€-34k-€-29k▲ 15.8%€6k€548▼ 90.2%€39k▲ 6,937%
2019: €-34klowest in 5 years
2020: €-29k▲ +15.8% vs 2019
2021: €6k▲ +119% vs 2020
2022: €548▼ -90.2% vs 2021
2023: €39k▲ +6937% vs 2022highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 1,634% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €115k
Fixed assets
€260 =
Current assets
€115k ▲ 6.2%
Equity and liabilities €115k
Equity
€44k ▲ 719%
Debt
€72k ▼ 30.7%
Debt's share of the balance-sheet total falls from 95.1% to 62.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.61▲
2022 · 1.05
Quick ratio
1.40▲
2022 · 0.91
Debt to equity
1.63▼
2022 · 19.27
ROE
87.8%▲
2022 · 10.2%
ROA
33.4%▲
2022 · 0.5%
Debt ≤ 1 year
€72k▼
2022 · €103k
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 · 2023 against 2022 · 44 lines
Balance sheet
Code20222023
Assets
Total assets20/58€109k€115k▲
Fixed assets21/28€260€260=
Financial fixed assets28€260€260=
Current assets29/58€108k€115k▲
Stocks and contracts in progress3€15k€15k=
Stocks30/36€15k€15k=
Amounts receivable within one year40/41€92k€90k▼
Trade receivables40€56k€53k▼
Other amounts receivable41€36k€37k▲
Cash at bank and in hand54/58€1k€10k▲
Deferred charges and accrued income490/1€125-
Equity and liabilities
Total equity and liabilities10/49€109k€115k▲
Equity10/15€5k€44k▲
Contributions10/11€64k€64k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-60k€-22k▲
Amounts payable17/49€103k€72k▼
Amounts payable within one year42/48€103k€72k▼
Financial debts43€9k€9k▲
Credit institutions430/8-€17
Other loans439€9k€9k=
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€89k€58k▼
Income statement
Code20222023
Turnover70€663k€927k▲
Non-recurring operating income76A€200-
Goods, raw materials, services and sundry goods60/61€658k€866k▲
Remuneration, social security and pensions62€64-
Other operating charges640/8€2k€9k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€5k€61k▲
Operating profit (loss)9901€3k€50k▲
Financial income75/76B€49-
Recurring financial income75€49-
Financial charges65/66B€2k€11k▲
Recurring financial charges65€2k€11k▲
Profit (loss) for the period before taxes9903€548€39k▲
Profit (loss) for the period9904€548€39k▲
Profit (loss) for the period to be appropriated9905€548€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-22k▲
Profit (loss) brought forward from the previous period14P€-61k€-60k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €349k | €751k | €663k | €927k | ▲ 39.9% |
| Non-recurring operating income76A | - | - | - | €200 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €388k | €751k | €658k | €866k | ▲ 31.5% |
| Remuneration, social security and pensions62 | - | - | - | €64 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €6k | €6k | - | - | - |
| Other operating charges640/8 | - | €3k | €676 | €2k | €9k | ▲ 409% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €-23k | €-19k | €14k | €5k | €61k | ▲ 1,183% |
| Operating profit (loss)9901 | €-33k | €-28k | €8k | €3k | €50k | ▲ 1,634% |
| Financial income75/76B | - | €5 | €11 | €49 | - | - |
| Recurring financial income75 | - | €5 | €11 | €49 | - | - |
| Financial charges65/66B | - | €834 | €2k | €2k | €11k | ▲ 382% |
| Recurring financial charges65 | €1k | €834 | €2k | €2k | €11k | ▲ 382% |
| Profit (loss) for the period before taxes9903 | €-34k | €-29k | €6k | €548 | €39k | ▲ 6,937% |
| Profit (loss) for the period9904 | €-34k | €-29k | €6k | €548 | €39k | ▲ 6,937% |
| Profit (loss) for the period to be appropriated9905 | €-34k | €-29k | €6k | €548 | €39k | ▲ 6,937% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €203k | €206k | €393k | €109k | €115k | ▲ 6.2% |
| Fixed assets21/28 | €12k | €6k | €260 | €260 | €260 | = |
| Tangible fixed assets22/27 | €12k | €6k | - | - | - | - |
| Plant, machinery and equipment23 | - | €2k | - | - | - | - |
| Furniture and vehicles24 | - | €563 | - | - | - | - |
| Leasing and similar rights25 | - | €3k | - | - | - | - |
| Financial fixed assets28 | €260 | €260 | €260 | €260 | €260 | = |
| Current assets29/58 | €190k | €199k | €393k | €108k | €115k | ▲ 6.2% |
| Stocks and contracts in progress3 | €187k | €197k | €15k | €15k | €15k | = |
| Stocks30/36 | - | €197k | €15k | €15k | €15k | = |
| Amounts receivable within one year40/41 | €2k | €756 | €369k | €92k | €90k | ▼ 2.2% |
| Trade receivables40 | - | - | €295k | €56k | €53k | ▼ 4.6% |
| Other amounts receivable41 | - | €756 | €74k | €36k | €37k | ▲ 1.4% |
| Cash at bank and in hand54/58 | €1k | €1k | €9k | €1k | €10k | ▲ 627% |
| Deferred charges and accrued income490/1 | - | €125 | €125 | €125 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €203k | €206k | €393k | €109k | €115k | ▲ 6.2% |
| Equity10/15 | €28k | €-764 | €5k | €5k | €44k | ▲ 719% |
| Contributions10/11 | €64k | €64k | €64k | €64k | €64k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | €875 | €875 | - | - | - |
| Reserves not available under the articles1311 | - | €875 | €875 | - | - | - |
| Distributable reserves133 | - | €194 | €194 | €1k | €1k | = |
| Profit (loss) carried forward14 | €-37k | €-66k | €-61k | €-60k | €-22k | ▲ 64.2% |
| Amounts payable17/49 | €175k | €206k | €388k | €103k | €72k | ▼ 30.7% |
| Amounts payable within one year42/48 | €175k | €206k | €388k | €103k | €72k | ▼ 30.7% |
| Financial debts43 | - | - | - | €9k | €9k | ▲ 0.2% |
| Credit institutions430/8 | - | - | - | - | €17 | - |
| Other loans439 | - | - | - | €9k | €9k | = |
| Trade debts44 | - | €1k | €169k | €1k | €1k | ▼ 5.8% |
| Suppliers440/4 | - | €1k | €169k | €1k | €1k | ▼ 5.8% |
| Taxes, remuneration and social security45 | - | €2k | €3k | €4k | €4k | ▼ 5.1% |
| Taxes450/3 | - | €2k | €3k | €4k | €4k | ▼ 5.1% |
| Other amounts payable47/48 | - | €204k | €216k | €89k | €58k | ▼ 35.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-34k | €-29k | €6k | €548 | €39k | ▲ 6,937% |
| + Depreciation and write-downs630 | €7k | €6k | €6k | - | - | - |
| Operating cash flow (approximation) | €-27k | €-23k | €12k | €548 | €39k | ▲ 6,937% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-151 | €8k | €-7k | €9k | ▲ 223% |
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
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 305 days late
2023
31-12
Financial
Highest result since 2018net €39k ▲6,937%
Operating result €50k, net result €39k, both a record.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 236 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 528 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 399 days late
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 765 days late
2019
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
03-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Menen · 2 establishment units since 2012
Ground area
475 m²
Building footprint
443 m²
Volume, LiDAR
2,881 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
ARQA
since 20122.214.687.172
De Statie
since 20182.279.547.213
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027E1009/00R123 | Flanders | 341 m² | 1 · 330 m² | 12.2 m · 1 fl. |
| 34027E1009/00E094 | Flanders | 135 m² | 1 · 113 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2 sitesMenen2.214.687.172
Menen2.279.547.213
Parcel delivery
Notified to the BIPT
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Of 417 companies in sector 47260 we hold annual accounts for 264. 209 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
Founded03-12-2012
Fiscal year end31-12
Trade name
Auto AM
Activities, NACEBEL 2025
47260Retail trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.