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SAN MARINA

Active
Private limited companyfounded 2005active for 21 yearsHandelslei 182, 2980 Zoersel, BelgiumKBO/BCE: BE 0871.154.921

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SAN MARINA has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,165 and a net result of €16,132. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 90% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 12-01-2005 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Establishment unit
2.204.381.319 2980 Zoersel, since 12-01-2005
Financial year end
31 December
Peppol
Reachable since 05-12-2025

Board and ownership

Board
  • SOLIMAN Hoda Hanna SaamanDirector · since 08-02-2012

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€46,416
▲ 38.2%
Turnover
≈ €270,000
estimated
Profit
€16,132
▼ 7.8%
Equity
€57,165
▲ 39.3%
Total assets
€72,170
▲ 31.5%
Staff
8.6 FTE
▼ 87.5%
Filed on 28-08-2026, 28 days after the deadlineat the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: total assets €72,170lowers riskLiquidity: current ratio 3.28, cash €38,766Equity €57,165 (79.2% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 87% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 79.2% of total assets
Liquidity 93+3
short-term debt 20.8% · cash 53.7%
Profitability 97-3
return on assets 22.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%▼ -0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.28 (2.7 in 2024), above the usual 1.5. Short-term debt is 20.8% and cash 53.7% of total assets. 20.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 94% on liquidity, 84% on profitability and 77% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.28, cash €38,766
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €72,170
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €57,165 (79.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
22 days late
2023
14 days late
2022
11 days late
2021
29 days late
2020
25 days late
2019
175 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Fewer staff in 2025from 69 FTE to 8.6 FTE ▼ 87.5% View
  • Positive: Higher solvency than 90% of companies in food and beverage servicesector median 29.6% · 16,961 companies 79.2% View

Comparable companies

These companies have the same main activity as SAN MARINA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €64,700 and €72,800, founded between 2002 and 2007.

CompanyTotal assetsGross margin
SAN MARINA Zoersel€72,170€46,416
PADATTJE Lille€70,376€39,264
Ruffo Reale Leuven€64,834€49,019
MARTENS J-C Grez-Doiceau€64,733€46,698
LE CAP BON Pecq€70,108€41,612
Pat@frite Andenne€67,636€48,235
DENDOOVEN Brugge€72,839€45,319
Full comparison

Documents

Annual accounts at the NBB

All 21 annual accounts

Articles and registers

Key facts about SAN MARINA

What is the company number of SAN MARINA?
The company number of SAN MARINA is 0871.154.921. The VAT number is the same number with BE in front: BE 0871.154.921.
Where is SAN MARINA based?
The registered office is at Handelslei 182, 2980 Zoersel.Company details
What does SAN MARINA do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of SAN MARINA?
The legal form of SAN MARINA is Private limited company (BV).
When was SAN MARINA founded?
SAN MARINA was founded on 12-01-2005.
Is SAN MARINA still active?
Yes, SAN MARINA is an active enterprise in the KBO register.
How many employees does SAN MARINA have?
SAN MARINA had an average of 8.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SAN MARINA?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €46,416 and 64 comparable companies (NACE 56112). It probably lies between €190,000 and €340,000.
Is SAN MARINA profitable?
In financial year 2025, SAN MARINA made a profit of €16,132.
Where can I find the annual accounts of SAN MARINA?
SAN MARINA filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SAN MARINA due?
SAN MARINA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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