SARA EXPRESS

Active

Private limited companyfounded 20188 yrs activeVandermeerschstraat 33, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0695.923.530

Summary

The computed 12-month bankruptcy probability of SARA EXPRESS is 1.6% (moderate). The annual accounts of SARA EXPRESS for fiscal year 2025 show a net loss of 94% of the equity at the start of that year. The 2025 annual accounts show equity of €405 and a net result of -€6,922. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 1147 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

SARA EXPRESSActiveChecked score 53/100

Risk analysis Report Compare

Activity

Service activities incidental to land transportation

NACE 52210

1 site

Size

€20,401total assets 2025

Equity: €405
Loss: -€6,922

Financial health

53 Fair Checked score 2025

Bankruptcy chance 12 m: 1.6%

Structure

Board: 1 member

Accounts filed 18 d late1 of 10 deeds read

Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Sector Warehousing and support activities for transportation (NACE 52)- Loss of €6,922, the second in a row (FY 2025)- Equity €405 (2.0% of total assets)+ Size: total assets €20,401Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 19% of its sector peers (NACE 52, micro)

Performance against the sector, not lower risk

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 27-30

equity 2.0% of total assets

Liquidity 43-2

short-term debt 78.8% · cash 28.9%

Profitability 26+26

return on assets -33.9%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,293 companies)

Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● 0.0% vs 11-2024lowest value 01-2025: 0.4%▲ +2.6% vs 12-2024 02-2025: 0.4%▼ -0.7% vs 01-2025 03-2025: 0.5%▲ +3.2% vs 02-2025 04-2025: 0.5%▲ +9.3% vs 03-2025 05-2025: 0.5%▲ +1.0% vs 04-2025 06-2025: 0.5%▼ -6.8% vs 05-2025 07-2025: 0.5%▲ +13.3% vs 06-2025 08-2025: 2.9%▲ +446% vs 07-2025 09-2025: 2.9%● 0.0% vs 08-2025 10-2025: 2.9%● 0.0% vs 09-2025 11-2025: 2.9%● 0.0% vs 10-2025 12-2025: 2.8%▼ -1.1% vs 11-2025 01-2026: 2.7%▼ -5.6% vs 12-2025 02-2026: 2.7%▲ +0.3% vs 01-2026 03-2026: 2.7%▼ -0.6% vs 02-2026 04-2026: 2.9%▲ +6.8% vs 03-2026 05-2026: 2.8%▼ -2.2% vs 04-2026 06-2026: 2.6%▼ -7.7% vs 05-2026 07-2026: 2.3%▼ -10.3% vs 06-2026 08-2026: 3.0%▲ +27.7% vs 07-2026highest value 09-2026: 1.6%▼ -45.3% vs 08-2026 10-2026: 1.6%▼ -3.0% vs 09-2026

Sector Warehousing and support activities for transportation (NACE 52) raises the probability
Loss of €6,922, the second in a row (FY 2025) raises the probability
Size: total assets €20,401 lowers the probability for this profile
Equity €405 (2.0% of total assets) raises the probability

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.47 against 0.13 in 2024; short-term debt: 78.8% and cash: 28.9% of total assets), and 98% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 52, micro). Better than this share of them on solvency 14%, liquidity 37%, profitability 19%, growth against the median 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Warehousing and support activities for transportation (NACE 52)

In the bankruptcy model this factor raises the probability.

KBO

Loss of €6,922, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €20,401

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Equity €405 (2.0% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€6,922

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1147 sector peers (2025).

NBB · sector comparison

Position among 1147 sector peers

Solvency

better than 15%

← weakest strongest →

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 8 filings

Deviation from the deadline

2025

18 d late

2024

7 d early

2023

49 d early

2022

20 d early

2021

30 d late

2020

137 d late

2019

153 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 24 July (4 of the last 5 filed years within 37 days of that day).

Companies Code · seven months

Position in the running window

04-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

18-08-26 Annual accounts filedfiscal year 2025 · micro…
12-08-26 Appointment: TANNOUCH ILIAS (director)State Gazette act
24-07-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Caution: Among the weakest 15% on equitysector median €52,881 · 1,147 companies €405 View
Caution: 2 loss-making years in a rowloss fiscal year 2025 -€6,922 View
New directorlatest change 03-08-2026 · 1 in office 1 joined View