Financials
- Financial year
- 2025
- Total assets
- €346,874
- Profit
- €12,373
- Solvency
- 74.8%
Total assets▼ 5.8%
Net result
20182025
SAPHIRA
ActiveSummary
SAPHIRA has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259,573 and a net result of €12,373, of which €16,529 non-recurring income. Equity is growing by about 8.9% per year across the filed financial years. Its solvency ranks better than 83% of 9,354 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
≈ €220,000turnover 2025, estimated
- Equity
- €259,573
- Profit
- €12,373
Turnover estimated from the gross margin
Structure
- Parent
- Karad BVBA
- De Brabanter EwoudDirector
- De Brabanter JanDirector
2025 accounts 8 days early1 of 2 deeds summarised
Why 95raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 4.85, cash €270,130Equity €259,573 (74.8% of total assets)Founded in 2003Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 74.8% of total assets
Liquidity
95-4
short-term debt 18.0% · cash 77.9%
Profitability
73-2
return on assets 3.6%
Bankruptcy probability, 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).
Last 24 months
11-2024: < 0.1%highest value
12-2024: < 0.1%● unchanged vs 11-2024highest 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%● unchanged 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 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026lowest value
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
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.85, compared with 8.07 in 2024, above the usual 1.5; short-term debt: 18% and cash: 77.9% of total assets), and 25.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 84% on solvency, 94% on liquidity, 48% on profitability and 20% on growth.
The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
7 days early
2023
28 days late
2022
30 days late
2021
3 days early
2020
26 days late
2019
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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 28 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €12,373 ▼36.2%
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- Karad BVBA
- De Brabanter EwoudDirector
- De Brabanter JanDirector
Timeline
- Events
- 27
- Since
- 2005
- Next accounts
- by 31-07-2027
- 28-08-2024Annual accounts filed
- 10-01-2024Resignation: De Brabanter Jan (manager)
- 30-08-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 18-02-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 36
- Who signs
- Each director alone
- Annual meeting
- Last Friday of May at 15:00
- Purpose
- “Het uitvoeren van werken in onroerende staat voor eigen rekening en voor rekening van…” (deed in Dutch)
Key facts about SAPHIRA
- What is the company number of SAPHIRA?
- 0479.605.711. In Belgium the VAT number is the company number with BE in front: BE 0479.605.711.
- Where is SAPHIRA based?
- The registered office is at Tenberg 94, 9402 Ninove.Company details
- What does SAPHIRA do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of SAPHIRA?
- Private limited company (BV).
- When was SAPHIRA founded?
- On 18-02-2003.
- Is SAPHIRA still active?
- Yes, SAPHIRA is an active enterprise in the KBO register.
- What is the turnover of SAPHIRA?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is SAPHIRA profitable?
- In financial year 2025, SAPHIRA made a profit of €12,373.
- Where can I find the annual accounts of SAPHIRA?
- SAPHIRA filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SAPHIRA due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to SAPHIRA
Parent and group
Comparable companies
- MVMScherpenheuvel-Zichem
- SUERTE 2020Holsbeek
- GB UrbanAnderlecht
- BX RENOVATIEDendermonde
- VERBOUWINGSWERKEN BOUDOLFAntwerpen
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.