SARAC
ActiveSARAC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €12k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (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
Profitability65▲+2
Solvency46▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.26 in 2024; short-term debt: 15.8% and cash: 0.1% of total assets), and 78.7% 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 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
21.3%
Return on assets
2.9%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
23 d early
2024
27 d late
2023
27 d late
2022
24 d late
2021
6 d early
2020
30 d late
2019
59 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▲ 4.4%
2024 · €11k
2018: €8k
2019: €10k
2020: €5k
2021: €3k
2022: €14k
2023: €8k
2024: €11k
2018 → 2025
Working capital
€-47k▼ 13.5%
2024 · €-41k
2018: €-127k
2019: €-33k
2020: €-27k
2021: €-49k
2022: €-36k
2023: €-40k
2024: €-41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€53k▲ 36.1%€61k▲ 14.4%€72k▲ 18.0%€84k▲ 15.9%
Operating result€14k-€29k▲ 98.1%€19k▼ 32.0%€23k▲ 20.7%€24k▲ 1.5%
Net result€3k-€14k▲ 334%€8k▼ 45.5%€11k▲ 42.8%€12k▲ 4.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €394k
Fixed assets
€378k▼ 4.1%
Current assets
€15k▲ 4.1%
Equity and liabilities €394k
Equity
€84k▲ 15.9%
Debt
€310k▼ 8.0%
The debt ratio falls from 82.3% to 78.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40k▲
2024 · €40k
Cash flow
€28k▲
2024 · €27k
Solvency
21.3%▲
2024 · 17.7%
Current ratio
0.25▼
2024 · 0.26
Quick ratio
0.25▼
2024 · 0.26
Debt / equity
3.70▼
2024 · 4.67
ROE
13.8%▼
2024 · 15.3%
ROA
2.9%▲
2024 · 2.7%
Interest coverage
5.16▲
2024 · 4.88
Debt
€310k▼
2024 · €337k
Debt ≤ 1 year
€62k▲
2024 · €56k
Debt > 1 year
€248k▼
2024 · €281k
Income taxes
€5k▲
2024 · €4k
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€409k€394k▼
Fixed assets21/28€394k€378k▼
Tangible fixed assets22/27€394k€378k▼
Land and buildings22€394k€378k▼
Current assets29/58€15k€15k▲
Amounts receivable within one year40/41€11k€12k▲
Trade receivables40€11k€12k▲
Cash at bank and in hand54/58€533€533=
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€409k€394k▼
Equity10/15€72k€84k▲
Contributions10/11€19k€19k=
Reserves13€2k€65k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€65k
Profit (loss) carried forward14€52k-
Amounts payable17/49€337k€310k▼
Amounts payable after more than one year17€281k€248k▼
Financial debts170/4€203k€174k▼
Other amounts payable178/9€78k€74k▼
Amounts payable within one year42/48€56k€62k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Financial debts43€2k€5k▲
Credit institutions430/8€2k€5k▲
Trade debts44€19k€20k▲
Suppliers440/4€19k€20k▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k=
Other operating charges640/8€7k€6k▼
Gross operating margin9900€46k€46k▲
Operating profit (loss)9901€23k€24k▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€15k€16k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€11k€12k▲
Profit (loss) for the period to be appropriated9905€11k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€63k▲
Profit (loss) brought forward from the previous period14P€41k€52k▲
Transfer to equity691/2-€63k
To other reserves6921-€63k
The notes to these accounts (6 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-12
Financial
Highest result since 2018net €14k ▲334%
Operating result €29k, net result €14k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €3k ▼31.7%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 54 days late
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lontzen · 1 establishment unit since 2016
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.
Rue Mitoyenne 3404710 LontzenGround area
3,071 m²
Building footprint
430 m²
Volume, LiDAR
2,988 m³
Parcel 63048E0331/00K000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SARAC
since 20162.257.776.354
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63048E0331/00K000 | Wallonia | 3,071 m² | 1 · 430 m² | 7.8 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.
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Of 227 companies in sector 77310 we hold annual accounts for 124. 101 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2016
Fiscal year end31-12
Activities, NACEBEL
77310Rental and leasing activities
46810Wholesale of solid, liquid and gaseous fuels and related products
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.