Sanawar S.
ActiveSanawar S. has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €2k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▲+15
Solvency95▼-4
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 23.73 against 2.7 in 2024), and 49.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
50.3%
Return on assets
1.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 6 filingsDeviation from the deadline
2025
21 d late
2024
28 d late
2023
30 d late
2022
87 d late
2021
30 d late
2020
19 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▲ 3.0%
2024 · €64k
2020: €16k
2021: €35k
2022: €70k
2023: €67k
2024: €64k
2020 → 2025
Total assets
€132k▲ 30.0%
2024 · €101k
2020: €63k
2021: €78k
2022: €112k
2023: €135k
2024: €101k
2020 → 2025
Net result
€2k
2024 · €-3k
2020: €10k
2021: €19k
2022: €35k
2023: €-3k
2024: €-3k
2020 → 2025
Working capital
€124k▲ 97.7%
2024 · €63k
2020: €8k
2021: €29k
2022: €65k
2023: €66k
2024: €63k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€70k▲ 97.6%€67k▼ 3.8%€64k▼ 4.4%€66k▲ 3.0%
Operating result€26k-€45k▲ 74.7%€38k▼ 14.6%€42k▲ 9.8%€42k▼ 0.1%
Net result€19k-€35k▲ 80.2%€-3k€-3k▼ 10.8%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets
€2k▲ 44.5%
Current assets
€129k▲ 29.8%
Equity and liabilities €132k
Equity
€66k▲ 3.0%
Debt
€65k▲ 76.9%
The debt ratio rises from 36.5% to 49.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€43k▼
2024 · €44k
Cash flow
€3k▲
2024 · €-918
Solvency
50.3%▼
2024 · 63.5%
Current ratio
23.73▲
2024 · 2.70
Quick ratio
23.73▲
2024 · 2.70
Debt / equity
0.99▲
2024 · 0.58
ROE
2.9%▲
2024 · -4.6%
ROA
1.5%▲
2024 · -2.9%
Interest coverage
0.99▲
2024 · 0.98
Debt
€65k▲
2024 · €37k
Debt ≤ 1 year
€5k▼
2024 · €37k
Income taxes
€651▲
2024 · €175
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€101k€132k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€2k€2k▲
Plant, machinery and equipment23-€231
Furniture and vehicles24€2k€2k▲
Current assets29/58€100k€129k▲
Amounts receivable after more than one year29€8k€0▼
Other amounts receivable291€8k€0▼
Amounts receivable within one year40/41€39k€33k▼
Trade receivables40€39k€21k▼
Other amounts receivable41-€12k
Cash at bank and in hand54/58€51k€97k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€101k€132k▲
Equity10/15€64k€66k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€58k€60k▲
Amounts payable17/49€37k€65k▲
Amounts payable within one year42/48€37k€5k▼
Financial debts43€50€23▼
Credit institutions430/8€0-
Other loans439€50€23▼
Trade debts44€26k€2k▼
Suppliers440/4€26k€2k▼
Taxes, remuneration and social security45€11k€4k▼
Taxes450/3€9k€4k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€181€0▼
Accrued charges and deferred income492/3€0€60k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€387€501▲
Non-recurring operating charges66A-€924
Gross operating margin9900€44k€45k▲
Operating profit (loss)9901€42k€42k▼
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€45k€44k▼
Recurring financial charges65€45k€44k▼
Profit (loss) for the period before taxes9903€-3k€3k▲
Income taxes67/77€175€651▲
Profit (loss) for the period9904€-3k€2k▲
Profit (loss) for the period to be appropriated9905€-3k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€60k▲
Profit (loss) brought forward from the previous period14P€61k€58k▼
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
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
31-12
Financial
Liquidity times 9current ratio 23.73
Current ratio from 2.70 to 23.73; short-term debt falls from €37k to €5k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
31-12
Financial
Highest result since 2020net €35k ▲80.2%
Operating result €45k, net result €35k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2020
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.
Godecharlestraat 511050 ElseneGround area
156 m²
Building footprint
88 m²
Volume, LiDAR
982 m³
Parcel 21442A0032/00Z000, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Sanawar S.
since 20202.303.106.038
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0032/00Z000 | Brussels | 156 m² | 1 · 88 m² | 15.7 m · 4 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
Legal Entity Identifier
2549007Z7YNOQNZ3PE74
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Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 6,894 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2020
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62900Other information technology and computer services
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
85592Vocational training
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.