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SARABO

Active
Public limited companyfounded 1989active for 37 yearsHellegatstraat(West) 8, 8954 Heuvelland, BelgiumKBO/BCE: BE 0438.674.877
Summary

SARABO has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170,638 and a net result of -€17,680. Equity is shrinking by about 4% per year across the filed financial years. Its solvency ranks better than 50% of 880 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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SARABOActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Holiday cottages, homes and apartments
NACE 55203
4th oldest company in Heuvelland, Accommodation and food service sector1 site
Size
€649,978total assets 2025
Equity
€170,638
Loss
-€17,680
Turnover not published (abbreviated or micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 25 days early2 of 7 deeds summarised
Why 91raises riskLoss of €17,680 (financial year 2025)Liquidity: current ratio 0.44, cash €11,960, halvedlowers riskSize: total assets €649,978Founded in 1989Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 42% of its sector peers (NACE 55, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 51-3
equity 26.3% of total assets
Liquidity 36-19
short-term debt 36.5% · cash 1.8%
Profitability 65-17
return on assets -2.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,515 companies, NACE 55, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.44, compared with 0.53 in 2024, below 1; short-term debt: 36.5% and cash: 1.8% of total assets), and 73.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro): better than 53% on solvency, 32% on liquidity, 52% on profitability and 31% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €649,978
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €17,680 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.44, cash €11,960, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
35 days early
2023
30 days early
2022
16 days early
2021
23 days early
2020
31 days late
2019
15 days early
← 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 16 days before the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Annemie Deconinck, Joke Lemenu and…Gazette deed
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: From profit to loss in 2025after €65,672 in 2024 -€17,680 View
  • Positive: 4th oldest company in Heuvelland, Accommodation and food service sectorin the Checked rankings No. 4 View
  • New directorslatest change 06-06-2026 · 3 in office 3 joined View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€649,978
Loss
-€17,680
Solvency
26.3%
Total assets▲ 1.5%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Annemie DeconinckDirector
  • Joke LemenuDirector
  • Ludwig LemenuManaging director
Go to Board & ownership

Timeline

Events
42
Since
1991
Next accounts
by 31-07-2027
  1. 13-01-2025Resignation: DRIES LEMENU (director)
  2. 31-12-2024Back to profit
  3. 31-12-2024Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Holiday cottages, homes and apartmentsNACE 55203
Founded
20-10-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about SARABO

What is the company number of SARABO?
0438.674.877. In Belgium the VAT number is the company number with BE in front: BE 0438.674.877.
Where is SARABO based?
The registered office is at Hellegatstraat(West) 8, 8954 Heuvelland.Company details
What does SARABO do?
According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
What is the legal form of SARABO?
Public limited company (NV).
When was SARABO founded?
On 20-10-1989.
Is SARABO still active?
Yes, SARABO is an active enterprise in the KBO register.
What is the turnover of SARABO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is SARABO profitable?
In financial year 2025, SARABO made a loss of €17,680.
Where can I find the annual accounts of SARABO?
SARABO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SARABO due?
By 31-07-2027, for financial year 2026.Timeline

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