SAKTEO

Active

Private limited companyfounded 20205 yrs activeRue Albert Ier 314, 6560 Erquelinnes, BelgiumKBO/BCE: BE 0755.832.413

The computed 12-month bankruptcy probability of SAKTEO is 4.4% (elevated). The 2024 annual accounts show equity of €37k and a net result of €15k. Equity is growing by ~52.6% per year across the filed fiscal years. Its solvency ranks better than 55% of 18942 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability80▲+5

Solvency60▲+28

Growth78=

Track record94

Bankruptcy probability, 12 months

4.4% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity tight (current ratio 1.37 against 1.03 in 2023; short-term debt: 61.3% and cash: 49.5% of total assets), and 65.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

34.6%

Return on assets

14%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

31 d late

2023

92 d late

2022

31 d late

2021

87 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€37k▲ 67.5%

2023 · €22k

2021: €14k 2022: €7k 2023: €22k

2021 → 2024

Total assets

€107k▼ 66.7%

2023 · €323k

2021: €102k 2022: €57k 2023: €323k

2021 → 2024

Net result

€15k▲ 0.6%

2023 · €15k

2021: €12k 2022: €-7k 2023: €15k

2021 → 2024

Working capital

€24k▲ 176%

2023 · €9k

2021: €-642 2022: €388 2023: €9k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€14k-€7k▼ 47.2%€22k▲ 204%€37k▲ 67.5%

Operating result€12k-€-6k€21k€27k▲ 31.3%

Net result€12k-€-7k€15k€15k▲ 0.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 31% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €107k

16.3%

83.7%

Fixed assets €18k▲ 30.1%

Current assets €90k▼ 71.0%

Equity and liabilities €107k

34.6%

65.4%

Equity €37k▲ 67.5%

Debt €70k▼ 76.7%

The debt ratio falls from 93.1% to 65.4%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€32k▲

2023 · €29k

Cash flow

€20k▼

2023 · €23k

Solvency

34.6%▲

2023 · 6.9%

Current ratio

1.37▲

2023 · 1.03

Quick ratio

1.22▲

2023 · 1.01

Debt / equity

1.89▼

2023 · 13.54

ROE

40.3%▼

2023 · 67.1%

ROA

14.0%▲

2023 · 4.6%

Interest coverage

5.20▼

2023 · 16.41

Debt

€70k▼

2023 · €300k

Debt ≤ 1 year

€66k▼

2023 · €300k

Income taxes

€6k▲

2023 · €4k

Staff costs

€208k▼

2023 · €226k

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€323k€107k▼

Fixed assets21/28€13k€18k▲

Intangible fixed assets21€3k€1k▼

Tangible fixed assets22/27€10k€16k▲

Plant, machinery and equipment23€8k€6k▼

Furniture and vehicles24€2k€10k▲

Financial fixed assets28€165€165=

Current assets29/58€309k€90k▼

Stocks and contracts in progress3€6k€10k▲

Stocks30/36€6k€10k▲

Amounts receivable within one year40/41€262k€25k▼

Trade receivables40€262k-

Other amounts receivable41-€25k

Cash at bank and in hand54/58€40k€53k▲

Deferred charges and accrued income490/1€2k€2k▲

Equity and liabilities

Total equity and liabilities10/49€323k€107k▼

Equity10/15€22k€37k▲

Contributions10/11€2k€2k=

Reserves13€15k€30k▲

Distributable reserves133€15k€30k▲

Profit (loss) carried forward14€5k€5k=

Amounts payable17/49€300k€70k▼

Amounts payable within one year42/48€300k€66k▼

Trade debts44€260k€36k▼

Suppliers440/4€260k€36k▼

Taxes, remuneration and social security45€31k€30k▼

Taxes450/3€11k€10k▼

Remuneration and social security454/9€20k€19k▼

Other amounts payable47/48€9k-

Accrued charges and deferred income492/3-€4k

Income statement Code20232024

Remuneration, social security and pensions62€226k€208k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼

Other operating charges640/8€4k€10k▲

Gross operating margin9900€260k€250k▼

Operating profit (loss)9901€21k€27k▲

Financial income75/76B€11-

Recurring financial income75€11-

Financial charges65/66B€2k€6k▲

Recurring financial charges65€2k€6k▲

Profit (loss) for the period before taxes9903€19k€21k▲

Income taxes67/77€4k€6k▲

Profit (loss) for the period9904€15k€15k▲

Profit (loss) for the period to be appropriated9905€15k€15k▲

Appropriation of the result

Profit (loss) to be appropriated9906€20k€20k▲

Profit (loss) brought forward from the previous period14P€5k€5k=

Transfer to equity691/2€15k€15k▲

To other reserves6921€15k€15k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2025

31-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 31 days late

2024

31-12

Financial Highest result since 2021net €15k ▲0.6%

Operating result €27k, net result €15k, both a record.

31-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 92 days late

2023

31-12

Financial Back to profitnet €15k

Net result €15k after one loss-making year.

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Weakest financial yearnet €-7k ▼155%

Net result drops to €-7k, the lowest in the series; recovery starts the following year.

26-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 87 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Erquelinnes · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Rue Albert Ier 3146560 Erquelinnes

Ground area

275 m²

Building footprint

112 m²

Volume, LiDAR

813 m³

Parcel 56022B0433/00H003, Wallonia · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

LA FRITERIE D'ERQUELINNES

Rue Albert Ier 314, 6560 ErquelinnesLimited-service restaurants

since 20202.308.947.715

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
56022B0433/00H003	Wallonia	275 m²	1 · 112 m²	11.3 m · 2 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 site

Erquelinnes2.308.947.715

1 permission

Toelating · Frituur · since 02-06-2021

Similar companies · same sector, comparable size

Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,457 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-10-2020

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.