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Saphir Estate

Active
Private limited companyfounded 2012active for 14 yearsWinston Churchilllaan 28, 1180 Ukkel, BelgiumKBO/BCE: BE 0500.500.402
Summary

Saphir Estate has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €70,501, of which €132,840 non-recurring income. Equity has been stable since 2019 (±0.4% per year). Its solvency ranks better than 85% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-10-2012 Normal situation
Registered office
16 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Buying and selling of own real estate NACE 68110
Establishment unit
2.214.660.052 1050 Elsene, since 31-10-2012
Financial year end
30 September
Peppol
Reachable since 04-12-2025

Board and ownership

Holdings
Shares in 1 company EMERAUDE FINANCE

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
-€39,625
▲ 9.1%
Profit
€70,501
▼ 18.4%
Equity
€2.9m
▼ 45.3%
Total assets
€3.8m
▼ 30.2%
Turnover not published (micro format)
Score breakdownraises riskLiquidity: current ratio 1.78, cash €92,252lowers riskSize: total assets €3.8mFigures for financial year 2025 (filed on 09-04-2026)Equity €2.9m (78.2% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 100=
equity 78.2% of total assets
Liquidity 46-6
short-term debt 21.8% · cash 2.5%
Profitability 42=
return on assets 1.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (6,995 companies, NACE 68, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €270,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.78, above the usual 1.5. Short-term debt is 21.8% and cash 2.5% of total assets. 21.8% 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 68, small). It does better than 92% of them on solvency, 43% on liquidity, 41% on profitability and 9% on growth.

The bankruptcy probability was computed on 02-11-2026 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 riskneutral
lowers risk · Size: total assets €3.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 09-04-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.78, cash €92,252
NBB · annual accounts
lowers risk · Equity €2.9m (78.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
4 days early
2023
16 days late
2022
37 days early
2021
1 day early
2020
19 days late
2019
27 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 on the deadline day. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 26 April (4 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
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in real estatesector median €73,342 · 17,160 companies €2.9m View
  • Caution: Equity fell in 2025from €5.4m to €2.9m ▼ 45.3% View

Recent changes

  1. · Gazette deed Capital decrease of €2,500,000 to €51,050Resignation: GOULET Frédéric Dominique Gérard (manager) · Reappointment: GOULET Frédéric Dominique Gérard (director)
  2. · Gazette deed Registered office moved within Uccle
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as Saphir Estate: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €3.3m and €4.3m, founded between 2010 and 2014.

CompanyTotal assetsGross margin
Saphir Estate Ukkel€3.8m-€0.04m
17 december Gent€3.7m-€0.1m
SHOPPING CENTRUM OOST Hasselt€3.3m-€0.002m
BFUND Chaudfontaine€3.7m-€0.02m
GROUP JML WATER SYSTEM Poperinge€4.3m-€0.002m
CEDRUS Gent€4.2m-€0.02m
KF IMMO Neufchâteau€3.7m-€0.08m
Full comparison

Key facts about Saphir Estate

What is the company number of Saphir Estate?
The company number of Saphir Estate is 0500.500.402. The VAT number is the same number with BE in front: BE 0500.500.402.
Where is Saphir Estate based?
The registered office is at Winston Churchilllaan 28, 1180 Ukkel.Company details
What does Saphir Estate do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of Saphir Estate?
The legal form of Saphir Estate is Private limited company (BV).
When was Saphir Estate founded?
Saphir Estate was founded on 31-10-2012.
Is Saphir Estate still active?
Yes, Saphir Estate is an active enterprise in the KBO register.
What is the turnover of Saphir Estate?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Saphir Estate profitable?
In financial year 2025, Saphir Estate made a profit of €70,501.
Where can I find the annual accounts of Saphir Estate?
Saphir Estate filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Saphir Estate due?
Saphir Estate must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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