SAR-LEASE
ActiveSAR-LEASE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €1k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 1512 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+31
Solvency84=
Growth59=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.72 in 2024; short-term debt: 40.9% and cash: 2.7% of total assets), and 40.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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
59.1%
Return on assets
0.5%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
80 d late
2020
31 d late
2019
101 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
€219k▲ 11.2%
2018 · €197k
2018: €197k
2018 → 2019
EBIT margin
16.4%▲ 5.2pp
2018 · 11.2%
2018: 11.2%
2018 → 2019
Net result
€1k
2024 · €-19k
2018: €2k
2019: €21k
2020: €908
2021: €51k
2022: €952
2023: €44k
2024: €-19k
2018 → 2025
Working capital
€83k▲ 24.2%
2024 · €67k
2018: €17k
2019: €40k
2020: €-20k
2021: €35k
2022: €44k
2023: €73k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€108k▲ 0.9%€151k▲ 40.5%€132k▼ 12.9%€133k▲ 0.9%
Operating result€81k-€8k▼ 89.6%€68k▲ 704%€-18k€2k
Net result€51k-€952▼ 98.1%€44k▲ 4,482%€-19k€1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225k
Fixed assets
€50k▼ 22.8%
Current assets
€175k▲ 9.6%
Equity and liabilities €225k
Equity
€133k▲ 0.9%
Debt
€92k▼ 0.8%
The debt ratio falls from 41.4% to 40.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2024 · €5k
Cash flow
€17k▲
2024 · €4k
Solvency
59.1%▲
2024 · 58.6%
Current ratio
1.90▲
2024 · 1.72
Quick ratio
1.90▲
2024 · 1.72
Debt / equity
0.69▼
2024 · 0.71
ROE
0.9%▲
2024 · -14.8%
ROA
0.5%▲
2024 · -8.7%
Interest coverage
35.41▲
2024 · 3.62
Debt
€92k▼
2024 · €93k
Debt ≤ 1 year
€92k▼
2024 · €93k
Staff costs
€186k▼
2024 · €190k
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€225k€225k▲
Fixed assets21/28€65k€50k▼
Tangible fixed assets22/27€35k€20k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€29k€14k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€30k€30k=
Current assets29/58€160k€175k▲
Amounts receivable within one year40/41€88k€163k▲
Trade receivables40€83k€158k▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€65k€6k▼
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€225k€225k▲
Equity10/15€132k€133k▲
Contributions10/11€19k€19k=
Reserves13€45k€45k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€68k€70k▲
Amounts payable17/49€93k€92k▼
Amounts payable within one year42/48€93k€92k▼
Trade debts44€37k€17k▼
Suppliers440/4€37k€17k▼
Taxes, remuneration and social security45€53k€75k▲
Taxes450/3€36k€27k▼
Remuneration and social security454/9€17k€47k▲
Other amounts payable47/48€3k€395▼
Income statement
Code20242025
Remuneration, social security and pensions62€190k€186k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€16k▼
Other operating charges640/8€5k€5k▼
Gross operating margin9900€201k€209k▲
Operating profit (loss)9901€-18k€2k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€1k€506▼
Recurring financial charges65€1k€506▼
Profit (loss) for the period before taxes9903€-20k€1k▲
Income taxes67/77€-46-
Profit (loss) for the period9904€-19k€1k▲
Profit (loss) for the period to be appropriated9905€-19k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€70k▲
Profit (loss) brought forward from the previous period14P€88k€68k▼
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-19k ▼145%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €150kEq €151k ▲40.5%
6 profitable years in a row build equity to €151k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
31-12
Financial
Highest result since 2018net €51k ▲5473%
Operating result €81k, net result €51k, both a record.
31-12
Financial
Equity above €100kEq €107k ▲90%
4 profitable years in a row build equity to €107k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Schaarbeek · 1 establishment unit since 2012
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.
Voltairelaan 891030 SchaarbeekGround area
489 m²
Building footprint
367 m²
Volume, LiDAR
2,716 m³
Parcel 21902A0374/00T004, Brussels · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Voltairelaan 89, 1030 Schaarbeek
since 20122.210.631.879
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0374/00T004 | Brussels | 488 m² | 1 · 367 m² | 16.9 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.
Similar companies · same sector, comparable size
Solami
BE 0892.896.084
Beveren-Kruibeke-Zwijndrecht · Eq €133k
Otto events & services
BE 0823.843.071
Beveren-Kruibeke-Zwijndrecht · Eq €134k
Drivalia Lease Belgium S.A.
BE 0802.150.012
Oudergem · Eq €135k
GROUPE G & Co
BE 0462.187.083
Verviers · Eq €135k
Simply Rent Belgium
BE 0880.231.349
Gent · Eq €136k
Of 1,443 companies in sector 77110 we hold annual accounts for 726. 489 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2012
Fiscal year end31-12
Activities, NACEBEL
77110Renting and leasing of cars and light motor vehicles
49410Freight transport by road
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.