SARA MINNER
ActiveSummary
The computed 12-month bankruptcy probability of SARA MINNER is 2.7% (moderate). The 2024 annual accounts show negative equity (€-18k) and a net result of €-25k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 501 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
18
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0▼-56
Growth32=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 3.11 in 2023; short-term debt: 168.4% and cash: 10.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-143.4%
Return on assets
-202.9%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-18k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
40 d early
2022
53 d early
2021
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-18k
2023 · €7k
2021: €14k
2022: €21k
2023: €7k
2021 → 2024
Total assets
€12k▼ 48.2%
2023 · €24k
2021: €24k
2022: €31k
2023: €24k
2021 → 2024
Net result
€-25k▼ 76.4%
2023 · €-14k
2021: €11k
2022: €8k
2023: €-14k
2021 → 2024
Working capital
€-16k
2023 · €9k
2021: €12k
2022: €11k
2023: €9k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€14k-€21k▲ 57.4%€7k▼ 65.9%€-18k
Operating result€14k-€9k▼ 32.2%€-14k€-25k▼ 76.8%
Net result€11k-€8k▼ 29.7%€-14k€-25k▼ 76.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2024 against €14k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12k
Fixed assets
€8k ▼ 25.1%
Current assets
€4k ▼ 66.3%
Key figures and ratios
EBITDA
€-22k▼
2023 · €-11k
Cash flow
€-22k▼
2023 · €-12k
Solvency
-143.4%▼
2023 · 30.8%
Current ratio
0.22▼
2023 · 3.11
Debt to equity
-1.70▼
2023 · 2.24
ROA
-202.9%▼
2023 · -59.6%
Interest coverage
-53.18▼
2023 · -52.46
Debt
€30k▲
2023 · €16k
Debt ≤ 1 year
€21k▲
2023 · €4k
Debt > 1 year
€9k▼
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€24k€12k▼
Fixed assets21/28€10k€8k▼
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€6k€4k▼
Current assets29/58€13k€4k▼
Amounts receivable within one year40/41€1k€3k▲
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€12k€1k▼
Deferred charges and accrued income490/1€378€594▲
Equity and liabilities
Total equity and liabilities10/49€24k€12k▼
Equity10/15€7k€-18k▼
Contributions10/11€3k€3k=
Reserves13€5k€0▼
Distributable reserves133€5k€0▼
Profit (loss) carried forward14-€-20k
Amounts payable17/49€16k€30k▲
Amounts payable after more than one year17€12k€9k▼
Financial debts170/4€12k€9k▼
Amounts payable within one year42/48€4k€21k▲
Current portion of amounts payable after more than one year42€3k€6k▲
Trade debts44-€624
Suppliers440/4-€624
Taxes, remuneration and social security45€1k€0▼
Taxes450/3€1k€0▼
Other amounts payable47/48€16€14k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8-€1k
Gross operating margin9900€-11k€-21k▼
Operating profit (loss)9901€-14k€-25k▼
Financial income75/76B€7€92▲
Recurring financial income75€7€92▲
Financial charges65/66B€216€415▲
Recurring financial charges65€216€415▲
Profit (loss) for the period before taxes9903€-14k€-25k▼
Profit (loss) for the period9904€-14k€-25k▼
Profit (loss) for the period to be appropriated9905€-14k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-25k▼
Transfer from equity791/2€14k€5k▼
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
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Grimbergen · 1 establishment unit since 2020
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.
Platanenlaan 381850 GrimbergenGround area
2,566 m²
Building footprint
313 m²
Volume, LiDAR
1,309 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TUP VERJANS
since 20202.307.647.222
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22005A0015/00N000 | Flanders | 2,133 m² | 1 · 235 m² | 8.7 m · 2 fl. |
| 23402E0404/00D004 | Flanders | 433 m² | 1 · 78 m² | 0.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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STUDIO PRIMITIVES
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BE 1013.724.630
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Of 674 companies in sector 23410 we hold annual accounts for 47. 28 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
23410Manufacture of ceramic household and ornamental articles
23450Manufacture of other non-metallic mineral products
47120Other non-specialised retail sale
90120Visual arts creation
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.