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Sapporo

Active
Private limited companyfounded 2023active for 3 yearsOranjerielaan 1, 9030 Gent, BelgiumKBO/BCE: BE 0802.463.875

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 04-05-2026 PDF all 2 filings

Turnover
≈ €16,000
Estimated: probably between €7,600 and €33,000
Total assets
€14,374▲ 130%
2024 · €6,260
Net result
€1,134▲ 45×
2024 · €25
Working capital
-€2,554▲ 29.9%
2024 · -€3,645
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is over 11 times that of 2024.

Operating result€1,789 2025 Net result€1,134 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€157-€1,789▲ 11×
Net result€25below the sector's middle half-€1,134below the sector's middle half▲ 45×
Equity€125below the sector's middle half-€1,259below the sector's middle half▲ 907%
Total assets€6,260below the sector's middle half-€14,374below the sector's middle half▲ 130%
Debt€6,135-€13,115▲ 114%
Working capital-€3,645below the sector's middle half--€2,554below the sector's middle half▲ 29.9%
Solvency2.0%below the sector's middle half-8.8%below the sector's middle half▲ 6.8pp
Current ratio0.41below the sector's middle half-0.81below the sector's middle half▲ 0.40
Return on assets (ROA)0.4%below the sector's middle half-7.9%within the sector's middle half▲ 7.5pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14,374
Fixed assets €3,813 ▲ 1.1%
Current assets €10,562 ▲ 324%
Equity and liabilities €14,374
Equity €1,259 ▲ 907%
Debt €13,115 ▲ 114%
Debt's share of the balance-sheet total falls from 98.0% to 91.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,688▲
2024 · €823
Cash flow
€2,033▲
2024 · €690
Debt to equity
10.42
ROE
90.1%
Interest coverage
40.12▲
2024 · 6.52
Debt ≤ 1 year
€13,115▲
2024 · €6,135
Income taxes
€588▲
2024 · €6
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Sapporo: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €12,000 and €16,700, founded between 2022 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Sapporo Gent2023€14,374€1,259€3,546€1,1342025
Beuckels Oosterzele2023€13,062€2,500€3,659€6932025
TRUSTEK Oosterzele2023€13,143€4,283€3,247€2,2832026
GILLES MISSINNE MANAGEMENT SOLUTIONS Brakel2023€11,953€11,519€3,192€1,7482025
YOUPIE Charleroi2023€14,624€13,881€3,677€3,1412025
WizTech Wavre2023€14,787€4,048€4,186-€1622025
REVEZ Schilde2022€16,746€3,623€3,718€1,5942025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,157 companies had the same profile as Sapporo has now. Two years later, 3.0% had gone bankrupt and 94.1% were still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94.1% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Sapporo itself is lower: 0.1% within 12 months. It rests on far more data about Sapporo than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,157 companies, not a prediction for Sapporo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines

Source: Annual accounts 2025 (PDF), filed on 04-05-2026.

Balance sheet Code20242025
Assets
Total assets20/58€6,260€14,374▲
Fixed assets21/28€3,770€3,813▲
Tangible fixed assets22/27€3,770€3,813▲
Furniture and vehicles24€3,770€3,813▲
Current assets29/58€2,490€10,562▲
Amounts receivable within one year40/41€2,114€377▼
Trade receivables40€1,620-
Other amounts receivable41€494€377▼
Cash at bank and in hand54/58€377€10,184▲
Equity and liabilities
Total equity and liabilities10/49€6,260€14,374▲
Equity10/15€125€1,259▲
Contributions10/11€100€100=
Profit (loss) carried forward14€25€1,159▲
Amounts payable17/49€6,135€13,115▲
Amounts payable within one year42/48€6,135€13,115▲
Trade debts44€3,685€590▼
Suppliers440/4€3,685€590▼
Taxes, remuneration and social security45€598€657▲
Taxes450/3€598€657▲
Other amounts payable47/48€1,852€11,868▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€665€899▲
Other operating charges640/8€622€858▲
Gross operating margin9900€1,444€3,546▲
Operating profit (loss)9901€157€1,789▲
Financial charges65/66B€126€67▼
Recurring financial charges65€126€67▼
Profit (loss) for the period before taxes9903€31€1,722▲
Income taxes67/77€6€588▲
Profit (loss) for the period9904€25€1,134▲
Profit (loss) for the period to be appropriated9905€25€1,134▲
Appropriation of the result
Profit (loss) to be appropriated9906€25€1,159▲
Profit (loss) brought forward from the previous period14P-€25

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€665€899▲ 35.1%
Other operating charges640/8€622€858▲ 38.0%
Gross operating margin9900€1,444€3,546▲ 146%
Operating profit (loss)9901€157€1,789▲ 11×
Financial charges65/66B€126€67▼ 46.9%
Recurring financial charges65€126€67▼ 46.9%
Profit (loss) for the period before taxes9903€31€1,722▲ 55×
Income taxes67/77€6€588▲ 94×
Profit (loss) for the period9904€25€1,134▲ 45×
Profit (loss) for the period to be appropriated9905€25€1,134▲ 45×
Line20242025Change
Assets
Total assets20/58€6,260€14,374▲ 130%
Fixed assets21/28€3,770€3,813▲ 1.1%
Tangible fixed assets22/27€3,770€3,813▲ 1.1%
Furniture and vehicles24€3,770€3,813▲ 1.1%
Current assets29/58€2,490€10,562▲ 324%
Amounts receivable within one year40/41€2,114€377▼ 82.2%
Trade receivables40€1,620--
Other amounts receivable41€494€377▼ 23.6%
Cash at bank and in hand54/58€377€10,184▲ 27×
Equity and liabilities
Total equity and liabilities10/49€6,260€14,374▲ 130%
Equity10/15€125€1,259▲ 907%
Contributions10/11€100€100=
Profit (loss) carried forward14€25€1,159▲ 46×
Amounts payable17/49€6,135€13,115▲ 114%
Amounts payable within one year42/48€6,135€13,115▲ 114%
Trade debts44€3,685€590▼ 84.0%
Suppliers440/4€3,685€590▼ 84.0%
Taxes, remuneration and social security45€598€657▲ 9.9%
Taxes450/3€598€657▲ 9.9%
Other amounts payable47/48€1,852€11,868▲ 541%
Line20242025Change
Profit (loss) for the period9904€25€1,134▲ 45×
+ Depreciation and write-downs630€665€899▲ 35.1%
Operating cash flow (approximation)€690€2,033▲ 194%
Investment in fixed assets (approximation)--€942-
Change in cash-€9,808-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 04-05-2026 2026-00105948 PDF
31-12-2024 micro format 22-09-2025 2025-00502132 PDF

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