SANAA
ActiveSANAA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-13k) and a net result of €-51k. Equity is shrinking by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 17% of 395 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
7
/ 100
Critical▼ -31 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency40▼-23
Growth32=
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 1.45 in 2023), and equity is negative.
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 · 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 2024Solvency, return and age of the figures
Solvency
-16.6%
Return on assets
-64.6%
Age of the figures
20 mo
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
Sector 47
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
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
57 d late
2022
36 d late
2021
58 d late
2020
11 d late
2019
56 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-13k
2023 · €38k
2018: €61k
2019: €46k
2020: €44k
2021: €45k
2022: €40k
2023: €38k
2018 → 2024
Total assets
€79k▼ 29.0%
2023 · €112k
2018: €105k
2019: €102k
2020: €99k
2021: €133k
2022: €98k
2023: €112k
2018 → 2024
Net result
€-51k▼ 2,231%
2023 · €-2k
2018: €-1k
2019: €-15k
2020: €-2k
2021: €927
2022: €-4k
2023: €-2k
2018 → 2024
Working capital
€-18k
2023 · €33k
2018: €55k
2019: €42k
2020: €37k
2021: €39k
2022: €34k
2023: €33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€44k-€45k▲ 2.1%€40k▼ 9.7%€38k▼ 5.5%€-13k
Operating result€-2k-€2k€-4k€-78▲ 97.9%€-51k▼ 65,597%
Net result€-2k-€927€-4k€-2k▲ 49.0%€-51k▼ 2,231%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €51k in 2024 against €78 in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79k
Fixed assets
€5k▼ 10.9%
Current assets
€75k▼ 29.8%
Key figures and ratios
EBITDA
€-50k▼
2023 · €907
Cash flow
€-50k▼
2023 · €-1k
Solvency
-16.6%▼
2023 · 34.1%
Current ratio
0.81▼
2023 · 1.45
Quick ratio
0.13▼
2023 · 0.58
Debt / equity
-7.03▼
2023 · 1.94
ROE
389.4%▲
2023 · -5.8%
ROA
-64.6%▼
2023 · -2.0%
Interest coverage
-633.44▼
2023 · 0.49
Debt
€93k▲
2023 · €74k
Debt ≤ 1 year
€93k▲
2023 · €74k
Income taxes
€-9▼
2023 · €275
Staff costs
€58k▲
2023 · €15k
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€112k€79k▼
Fixed assets21/28€5k€5k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€319€727▲
Financial fixed assets28€60€60=
Current assets29/58€107k€75k▼
Stocks and contracts in progress3€64k€63k▼
Stocks30/36€64k€63k▼
Amounts receivable within one year40/41€5k€7k▲
Trade receivables40-€1k
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€36k€4k▼
Deferred charges and accrued income490/1€1k€699▼
Equity and liabilities
Total equity and liabilities10/49€112k€79k▼
Equity10/15€38k€-13k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€18k€-34k▼
Amounts payable17/49€74k€93k▲
Amounts payable within one year42/48€74k€93k▲
Trade debts44€25k€17k▼
Suppliers440/4€25k€17k▼
Taxes, remuneration and social security45€19k€45k▲
Taxes450/3€15k€19k▲
Remuneration and social security454/9€5k€26k▲
Other amounts payable47/48€30k€31k▲
Income statement
Code20232024
Remuneration, social security and pensions62€15k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€985€1k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€18k€10k▼
Operating profit (loss)9901€-78€-51k▼
Financial charges65/66B€2k€79▼
Recurring financial charges65€2k€79▼
Profit (loss) for the period before taxes9903€-2k€-51k▼
Income taxes67/77€275€-9▼
Profit (loss) for the period9904€-2k€-51k▼
Profit (loss) for the period to be appropriated9905€-2k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-34k▼
Profit (loss) brought forward from the previous period14P€20k€18k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Back to profitnet €927
Net result €927 after 3 loss-making years.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 119 days late
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 127 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 122 days late
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 144 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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 · 1 establishment unit since 2014
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.
Moeskroenstraat 1368930 MenenGround area
96 m²
Building footprint
104 m²
Volume, LiDAR
627 m³
Parcel 34027D0146/00G020, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SANAAA SPRL
since 20142.239.075.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027D0146/00G020 | Flanders | 96 m² | 1 · 104 m² | 11.1 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 siteMenen2.239.075.051
Similar companies · same sector, comparable size
Hadye
BE 0739.668.649
Hoogstraten · Eq €38k
SHAMA JAMIL
BE 0701.645.144
Quiévrain · Eq €39k
SIMAR D.S
BE 1002.279.026
Mouscron · Eq €39k
DAUBIQUE
BE 0612.952.995
Chastre · Eq €37k
NOURIA
BE 1005.576.531
Mouscron · Eq €39k
Of 413 companies in sector 47260 we hold annual accounts for 260. 206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2012
Fiscal year end31-12
Activities, NACEBEL
47260Retail trade
61100Wired, wireless and satellite telecommunications
47110Non-specialised retail sale with food, beverages or tobacco predominating
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.