Sapinière 23
ActiveSummary
The computed 12-month bankruptcy probability of Sapinière 23 is 1.5% (moderate). The 2025 annual accounts show negative equity (-€318,795) and a net result of -€2,644. Equity has been stable since 2018 (±1.3% per year). Its solvency ranks better than 5% of 17,149 sector peers (NACE 68, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 23-05-2014 Normal situation
- Activity
- Development of residential building projects NACE 68121
- Establishment unit
- 2.234.526.048 1180 Ukkel, since 23-05-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 16-07-2025
Board and ownership
- LA 4 EME VALLEE SRLDirector · since 23-05-2014
- LA 4ème VALLEE100%· score 5430-06-2025 annual accounts of LA 4ème VALLEE
- DAD REAL ESTATE50%· score 952021 annual accounts of DAD REAL ESTATE
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- -€2,241
- ▲ 15.0%
- Loss
- €2,644
- ▼ 14.5%
- Equity
- -€318,795
- ▼ 0.8%
- Total assets
- €4,369
- =
- Negative equity on 31-12-2025
- 2025 accounts filed 10 days after the deadline
Score breakdownraises riskCapped at 59: negative equity1 change of registered office in 24 monthsLoss of €2,644, the second in a row (financial year 2025)Negative equity -€318,795lowers riskSize: total assets €4,369Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 5% of them on solvency, 16% on liquidity, 4% on profitability and 42% 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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Signals
The company filed its last 7 accounts on average 36 days after the deadline. 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)
Key points
Recent changes
- · Gazette deed Registered office moved from Ixelles to UccleNew seat: Avenue Wellington, 125 à 1180 Uccle · Previous seat: Rue Defacqz, 40 à 1050 Ixelles
- · Gazette deed Resignation: DE NEVE&PARTNERS (director)
- · Gazette deed Resignation: DAD REAL ESTATE (director)Permanent representative: LIVANOS Spyridon Panagiotis
Comparable companies
These companies have the same main activity as Sapinière 23: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3,350 and €5,590, founded between 2012 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| Sapinière 23 Ukkel | €4,369 | -€2,241 |
| CHICA INVEST Elsene | €4,982 | -€776 |
| ARMATURE Anderlecht | €4,693 | -€1,851 |
| M-PROBUILD Merchtem | €4,047 | -€7,907 |
| BOUWPROMOTIE E. DILLEN Diest | €5,589 | -€4,272 |
| RE-VIVE DIE KEURE Gent | €3,353 | -€1,866 |
| VODACORP Drogenbos | €4,735 | -€3,260 |
Key facts about Sapinière 23
- What is the company number of Sapinière 23?
- The company number of Sapinière 23 is 0552.914.450. The VAT number is the same number with BE in front: BE 0552.914.450.
- Where is Sapinière 23 based?
- The registered office is at Wellingtonlaan 125, 1180 Ukkel.Company details
- What does Sapinière 23 do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Sapinière 23?
- The legal form of Sapinière 23 is Private limited company (pre-2019) (BVBA).
- When was Sapinière 23 founded?
- Sapinière 23 was founded on 23-05-2014.
- Is Sapinière 23 still active?
- Yes, Sapinière 23 is an active enterprise in the KBO register.
- What is the turnover of Sapinière 23?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Sapinière 23 profitable?
- In financial year 2025, Sapinière 23 made a loss of €2,644.
- Where can I find the annual accounts of Sapinière 23?
- Sapinière 23 filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Sapinière 23 due?
- Sapinière 23 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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