SAR EXPRESS TRADERS
ActiveSAR EXPRESS TRADERS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €-6k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-41
Solvency100=
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 6.35 against 12.81 in 2024; short-term debt: 14.9% and cash: 22.2% of total assets), and 14.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.1%
Return on assets
-11.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
89 d late
2023
30 d late
2022
36 d late
2021
58 d late
2020
3 d late
2019
80 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€218k▲ 10.1%
2024 · €198k
2018: €56k
2019: €131k
2020: €103k
2021: €148k
2022: €149k
2023: €117k
2024: €198k
2018 → 2025
EBIT margin
-1.6%▼ 3.1pp
2024 · 1.5%
2018: 4.5%
2019: 3.5%
2020: 1.7%
2021: 3.3%
2022: 1.2%
2023: 1.7%
2024: 1.5%
2018 → 2025
Net result
€-6k
2024 · €3k
2018: €2k
2019: €4k
2020: €1k
2021: €4k
2022: €1k
2023: €2k
2024: €3k
2018 → 2025
Working capital
€43k▼ 17.5%
2024 · €52k
2018: €36k
2019: €40k
2020: €42k
2021: €46k
2022: €48k
2023: €49k
2024: €52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€148k-€149k▲ 0.4%€117k▼ 21.3%€198k▲ 68.7%€218k▲ 10.1%
Equity€46k-€48k▲ 3.0%€49k▲ 3.3%€52k▲ 5.2%€46k▼ 12.0%
Operating result€5k-€2k▼ 62.7%€2k▲ 10.3%€3k▲ 47.5%€-3k
Net result€4k-€1k▼ 68.6%€2k▲ 10.9%€3k▲ 62.5%€-6k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€3k
Current assets
€51k
Equity and liabilities €54k
Equity
€46k▼ 12.0%
Debt
€8k▲ 82.1%
The debt ratio rises from 7.8% to 14.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k
Cash flow
€-5k
Solvency
85.1%▼
2024 · 92.2%
Current ratio
6.35▼
2024 · 12.81
Quick ratio
1.57▼
2024 · 5.57
Debt / equity
0.18▲
2024 · 0.08
ROE
-13.7%▼
2024 · 4.9%
ROA
-11.6%▼
2024 · 4.5%
Interest coverage
-6.54
Debt
€8k▲
2024 · €4k
Debt ≤ 1 year
€8k▲
2024 · €4k
Income taxes
€2k
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€56k€54k▼
Fixed assets21/28-€3k
Tangible fixed assets22/27-€3k
Furniture and vehicles24-€3k
Current assets29/58€56k€51k▼
Stocks and contracts in progress3€32k€38k▲
Stocks30/36€32k€38k▲
Amounts receivable within one year40/41€1k€651▼
Trade receivables40-€651
Other amounts receivable41€1k-
Cash at bank and in hand54/58€19k€12k▼
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€56k€54k▼
Equity10/15€52k€46k▼
Contributions10/11€19k€19k=
Reserves13€438€438=
Non-distributable reserves130/1€438€438=
Reserves not available under the articles1311€438€438=
Profit (loss) carried forward14€33k€27k▼
Amounts payable17/49€4k€8k▲
Amounts payable within one year42/48€4k€8k▲
Financial debts43-€603
Credit institutions430/8-€603
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Income statement
Code20242025
Turnover70€198k€218k▲
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61€185k€217k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€735
Other operating charges640/8€9k€10k▲
Gross operating margin9900€12k€7k▼
Operating profit (loss)9901€3k€-3k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€413€412▼
Recurring financial charges65€413€412▼
Profit (loss) for the period before taxes9903€3k€-4k▼
Income taxes67/77-€2k
Profit (loss) for the period9904€3k€-6k▼
Profit (loss) for the period to be appropriated9905€3k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€27k▼
Profit (loss) brought forward from the previous period14P€30k€33k▲
The notes to these accounts (5 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Weakest financial yearnet €-6k ▼345%
Net result drops to €-6k, the lowest in the series.
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 12.81
Current ratio from 5.92 to 12.81; short-term debt falls from €10k to €4k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
31-12
Financial
Liquidity times 5current ratio 11.35
Current ratio from 2.52 to 11.35; short-term debt falls from €31k to €5k.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Highest result since 2018net €4k ▲240%
Operating result €5k, net result €4k, both a record.
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 7.91
Current ratio from 2.39 to 7.91; short-term debt falls from €26k to €6k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 42 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Leuven · 1 establishment unit since 2010
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.
Gemeenteplein 93010 LeuvenGround area
133 m²
Building footprint
111 m²
Volume, LiDAR
690 m³
Parcel 24482F0111/00E003, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAR EXPRESS TRADERS
since 20102.183.939.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24482F0111/00E003 | Flanders | 133 m² | 1 · 111 m² | 10.8 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.183.939.756
Similar companies · same sector, comparable size
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SITAR
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Fermes en vie
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THE FRESH MARKET VIRGINAL
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LEEL
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,614 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2009
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47400Retail sale of information and communication equipment
47430Retail trade
47540Retail sale of electrical household appliances
47630Retail trade
47690Retail sale of other cultural and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.