SAPLING
ActiveSAPLING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €88k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+8
Solvency100=
Growth64=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 7.81 against 11.4 in 2024; short-term debt: 12.4% and cash: 40.4% of total assets), and 12.4% of the assets are financed with debt.
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
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 →
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
87.6%
Return on assets
36%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
7 d late
2022
6 d early
2021
25 d early
2020
31 d early
2019
35 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€165k▲ 0.8%
2021 · €164k
2021: €164k
2021 → 2022
EBIT margin
31.2%▲ 14.2pp
2021 · 17.0%
2021: 17.0%
2021 → 2022
Net result
€88k▲ 99.6%
2024 · €44k
2018: €32k
2019: €35k
2020: €41k
2021: €17k
2022: €23k
2023: €54k
2024: €44k
2018 → 2025
Working capital
€205k▲ 0.2%
2024 · €204k
2018: €52k
2019: €68k
2020: €92k
2021: €112k
2022: €139k
2023: €178k
2024: €204k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€164k-€165k▲ 0.8%
Equity€154k-€177k▲ 15.1%€204k▲ 15.1%€217k▲ 6.4%€213k▼ 1.6%
Operating result€28k-€52k▲ 84.8%€58k▲ 12.6%€60k▲ 2.6%€121k▲ 103%
Net result€17k-€23k▲ 36.9%€54k▲ 135%€44k▼ 19.3%€88k▲ 99.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 103% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243k
Fixed assets
€9k▼ 31.4%
Current assets
€235k▲ 4.9%
Equity and liabilities €243k
Equity
€213k▼ 1.6%
Debt
€30k▲ 53.1%
The debt ratio rises from 8.3% to 12.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€127k▲
2024 · €74k
Cash flow
€94k▲
2024 · €59k
Solvency
87.6%▼
2024 · 91.7%
Current ratio
7.81▼
2024 · 11.40
Quick ratio
7.81▼
2024 · 11.40
Debt / equity
0.14▲
2024 · 0.09
ROE
41.0%▲
2024 · 20.2%
ROA
36.0%▲
2024 · 18.6%
Interest coverage
1448.29▲
2024 · 493.28
Debt
€30k▲
2024 · €20k
Debt ≤ 1 year
€30k▲
2024 · €20k
Income taxes
€36k▲
2024 · €18k
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€236k€243k▲
Fixed assets21/28€13k€9k▼
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€224k€235k▲
Amounts receivable after more than one year29€47k€42k▼
Trade receivables290€47k-
Other amounts receivable291-€42k
Amounts receivable within one year40/41€9k€24k▲
Trade receivables40-€19k
Other amounts receivable41€9k€6k▼
Current investments50/53€65k€52k▼
Cash at bank and in hand54/58€82k€98k▲
Deferred charges and accrued income490/1€20k€18k▼
Equity and liabilities
Total equity and liabilities10/49€236k€243k▲
Equity10/15€217k€213k▼
Contributions10/11€1€1=
Reserves13€217k€213k▼
Tax-exempt reserves132€2k€2k=
Distributable reserves133€214k€211k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€20k€30k▲
Amounts payable within one year42/48€20k€30k▲
Current portion of amounts payable after more than one year42€136-
Trade debts44€2k€372▼
Suppliers440/4€2k€372▼
Taxes, remuneration and social security45€16k€28k▲
Taxes450/3€13k€28k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€6k▼
Other operating charges640/8€92€180▲
Gross operating margin9900€75k€128k▲
Operating profit (loss)9901€60k€121k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€151€88▼
Recurring financial charges65€151€88▼
Profit (loss) for the period before taxes9903€62k€123k▲
Income taxes67/77€18k€36k▲
Profit (loss) for the period9904€44k€88k▲
Profit (loss) for the period to be appropriated9905€44k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€44k€88k▲
Transfer from equity791/2€31k€91k▲
Transfer to equity691/2€44k€88k▲
To other reserves6921€44k€88k▲
Profit to be distributed694/7€31k€91k▲
Directors or managers695€31k€91k▲
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €88k ▲99.6%
Operating result €121k, net result €88k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Equity above €200kEq €204k ▲15.1%
6 profitable years in a row build equity to €204k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €17k ▼59.1%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €154k ▲12.4%
4 profitable years in a row build equity to €154k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €137k ▲43.5%
3 profitable years in a row build equity to €137k.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wavre · 1 establishment unit since 2017
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.
Rue Antoine André 731300 WavreGround area
1,624 m²
Building footprint
113 m²
Volume, LiDAR
739 m³
Parcel 25055D0356/00D000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAPLING SPRL
since 20172.266.277.514
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055D0356/00D000 | Wallonia | 1,624 m² | 1 · 113 m² | 8.4 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.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 14,517 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:asgennart@gmail.com