SARAO
ActiveThe computed 12-month bankruptcy probability of SARAO is 1.8% (moderate). The 2025 annual accounts show equity of €37k and a net result of €2k. Equity is growing by ~47.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 18024 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent▼ -17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-32
Solvency100▲+6
Growth85=
Stability94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.76 in 2024), and 27.9% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
72.1%
Return on assets
4.4%
Age of the figures
8 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 11-06-2026, 50 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
50 d early
2024
27 d late
2023
54 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€399k▲ 49.4%
2024 · €267k
2023: €22k
2024: €267k
2023 → 2025
EBIT margin
1.0%▼ 2.8pp
2024 · 3.8%
2023: -5.4%
2024: 3.8%
2023 → 2025
Net result
€2k▼ 69.2%
2024 · €7k
2023: €-1k
2024: €7k
2023 → 2025
Working capital
€19k▲ 29.2%
2024 · €15k
2023: €4k
2024: €15k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€22k-€267k▲ 1,141%€399k▲ 49.4%
Equity€4k-€35k▲ 806%€37k▲ 6.6%
Operating result€-1k-€10k€4k▼ 58.8%
Net result€-1k-€7k€2k▼ 69.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€18k▼ 9.9%
Current assets
€33k▼ 2.0%
Equity and liabilities €51k
Equity
€37k▲ 6.6%
Debt
€14k▼ 25.7%
The debt ratio falls from 35.7% to 27.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€6k▼
2024 · €11k
Cash flow
€4k▼
2024 · €9k
Solvency
72.1%▲
2024 · 64.3%
Current ratio
2.32▲
2024 · 1.76
Quick ratio
0.65▼
2024 · 1.05
Debt / equity
0.39▼
2024 · 0.55
ROE
6.2%▼
2024 · 21.3%
ROA
4.4%▼
2024 · 13.7%
Interest coverage
3.15▼
2024 · 31.87
Debt
€14k▼
2024 · €19k
Debt ≤ 1 year
€14k▼
2024 · €19k
Income taxes
€-64▼
2024 · €2k
Staff costs
€17k
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€54k€51k▼
Fixed assets21/28€20k€18k▼
Intangible fixed assets21€19k€17k▼
Financial fixed assets28€2k€2k=
Current assets29/58€34k€33k▼
Stocks and contracts in progress3€14k€24k▲
Stocks30/36€14k€24k▲
Amounts receivable within one year40/41-€1k
Trade receivables40-€120
Other amounts receivable41-€1k
Cash at bank and in hand54/58€20k€8k▼
Deferred charges and accrued income490/1€75-
Equity and liabilities
Total equity and liabilities10/49€54k€51k▼
Equity10/15€35k€37k▲
Contributions10/11€29k€29k=
Profit (loss) carried forward14€6k€9k▲
Amounts payable17/49€19k€14k▼
Amounts payable within one year42/48€19k€14k▼
Trade debts44€5k€11k▲
Suppliers440/4€5k€11k▲
Taxes, remuneration and social security45€14k€3k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€10k€218▼
Other amounts payable47/48-€140
Income statement
Code20242025
Turnover70€267k€399k▲
Goods, raw materials, services and sundry goods60/61€258k€381k▲
Remuneration, social security and pensions62-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€194€816▲
Gross operating margin9900€12k€24k▲
Operating profit (loss)9901€10k€4k▼
Financial income75/76B€13€0▼
Recurring financial income75€13€0▼
Financial charges65/66B€361€2k▲
Recurring financial charges65€361€2k▲
Profit (loss) for the period before taxes9903€10k€2k▼
Income taxes67/77€2k€-64▼
Profit (loss) for the period9904€7k€2k▼
Profit (loss) for the period to be appropriated9905€7k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€9k▲
Profit (loss) brought forward from the previous period14P€-1k€6k▲
The notes to these accounts (5 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
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Shareholding6 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Shareholding6 facts ▸
- General meeting, 2026-08-10
- Director resignation, Singh Kaur Shivdev (bestuurder)
- Shareholding, 80/100
- Shareholding, 20/100
- Shareholding, 0/100
- Director appointment, SINGH Jasbir (bestuurder)
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
De heer SINGH Jasbir
CurrentDirector · since 10-08-2026
10-08-2026
De heer SINGH Jasbir: Appointed as Director
10-08-2026
Singh Kaur Shivdev: Resigned as Director
31-12-2022
Khogyani Ahmed: Resigned as Director
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2024
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.
Erembodegem-Dorp 569320 AalstGround area
412 m²
Building footprint
153 m²
Volume, LiDAR
1,008 m³
Parcel 41342B0614/00K000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SARAO
since 20242.358.640.419
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0614/00K000 | Flanders | 412 m² | 1 · 153 m² | 12.0 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.358.640.419
Similar companies · same sector, comparable size
DERIN
BE 1002.507.074
Charleroi · Eq €37k
LIVANDERS
BE 0648.677.602
Brussel · Eq €37k
RIYAN
BE 0635.941.896
Brussel · Eq €37k
RAO INTERNATIONAL
BE 0636.748.976
Antwerpen · Eq €37k
DELICES CENTER
BE 0550.490.638
Anderlecht · Eq €37k
Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 4,482 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2022
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.