SARAY
ActiveSARAY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €480k and a net result of €166k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 78% of 3609 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
93
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.27 in 2024), and 39.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
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
60.1%
Return on assets
20.8%
Age of the figures
8 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 · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €480k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
91 d late
2023
273 d late
2022
31 d late
2021
31 d late
2020
82 d late
2019
31 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€480k▲ 53.0%
2024 · €314k
2018: €11k
2019: €13k
2020: €-6k
2021: €-50k
2022: €-34k
2023: €99k
2024: €314k
2018 → 2025
Total assets
€798k▲ 55.8%
2024 · €512k
2018: €13k
2019: €22k
2020: €47k
2021: €97k
2022: €131k
2023: €181k
2024: €512k
2018 → 2025
Net result
€166k▼ 22.6%
2024 · €215k
2018: €-7k
2019: €2k
2020: €-19k
2021: €-44k
2022: €16k
2023: €133k
2024: €215k
2018 → 2025
Working capital
€433k▲ 71.9%
2024 · €252k
2018: €11k
2019: €3k
2020: €-24k
2021: €-105k
2022: €-81k
2023: €36k
2024: €252k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-50k-€-34k▲ 31.4%€99k€314k▲ 217%€480k▲ 53.0%
Operating result€-44k-€23k€175k▲ 655%€301k▲ 72.5%€243k▼ 19.3%
Net result€-44k-€16k€133k▲ 751%€215k▲ 61.1%€166k▼ 22.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €798k
Fixed assets
€46k▼ 24.6%
Current assets
€752k▲ 66.8%
Equity and liabilities €798k
Equity
€480k▲ 53.0%
Debt
€319k▲ 60.4%
The debt ratio rises from 38.8% to 39.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€263k▼
2024 · €317k
Cash flow
€186k▼
2024 · €230k
Solvency
60.1%▼
2024 · 61.2%
Current ratio
2.36▲
2024 · 2.27
Quick ratio
2.35▲
2024 · 2.25
Debt / equity
0.66▲
2024 · 0.63
ROE
34.6%▼
2024 · 68.4%
ROA
20.8%▼
2024 · 41.9%
Interest coverage
473.46▲
2024 · -107.56
Debt
€319k▲
2024 · €199k
Debt ≤ 1 year
€319k▲
2024 · €199k
Income taxes
€80k▼
2024 · €90k
Staff costs
€2k▼
2024 · €15k
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€512k€798k▲
Fixed assets21/28€61k€46k▼
Tangible fixed assets22/27€60k€43k▼
Land and buildings22€23k€18k▼
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€34k€21k▼
Financial fixed assets28€2k€4k▲
Current assets29/58€451k€752k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€13k€80k▲
Other amounts receivable41€13k€80k▲
Cash at bank and in hand54/58€434k€669k▲
Equity and liabilities
Total equity and liabilities10/49€512k€798k▲
Equity10/15€314k€480k▲
Contributions10/11€19k€19k=
Reserves13€363k€529k▲
Distributable reserves133€363k€529k▲
Profit (loss) carried forward14€-68k€-68k=
Amounts payable17/49€199k€319k▲
Amounts payable within one year42/48€199k€319k▲
Current portion of amounts payable after more than one year42€217-
Trade debts44€2k€54k▲
Suppliers440/4€2k€54k▲
Taxes, remuneration and social security45€197k€264k▲
Taxes450/3€196k€264k▲
Remuneration and social security454/9€521-
Income statement
Code20242025
Remuneration, social security and pensions62€15k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€20k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€333k€267k▼
Operating profit (loss)9901€301k€243k▼
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€-3k€556▲
Recurring financial charges65€-3k€556▲
Profit (loss) for the period before taxes9903€304k€246k▼
Income taxes67/77€90k€80k▼
Profit (loss) for the period9904€215k€166k▼
Profit (loss) for the period to be appropriated9905€215k€166k▼
Appropriation of the result
Profit (loss) to be appropriated9906€146k€98k▼
Profit (loss) brought forward from the previous period14P€-68k€-68k=
Transfer to equity691/2€215k€166k▼
To other reserves6921€215k€166k▼
Social balance
Average headcount (FTE)90870.1-
The notes to these accounts (7 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
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 91 days late
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 273 days late
2024
31-12
Financial
Highest result since 2018net €215k ▲61.1%
Operating result €301k, net result €215k, both a record.
31-12
Financial
Equity above €200kEq €314k ▲217%
3 profitable years in a row build equity to €314k.
2023
31-12
Financial
Liquidity triplescurrent ratio 1.44
Current ratio from 0.50 to 1.44; short-term debt falls from €163k to €82k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
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, Genk · 1 establishment unit since 2018
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.
Weg naar As 1763600 GenkGround area
114 m²
Building footprint
147 m²
Volume, LiDAR
1,140 m³
Parcel 71303B0050/00T010, Flanders · tallest building 19.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Galatasaray
since 20182.272.438.992
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71303B0050/00T010 | Flanders | 114 m² | 1 · 147 m² | 19.9 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenk2.272.438.992
Similar companies · same sector, comparable size
MAEMCO
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DE BRALLE
BE 0539.764.913
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DyAva
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KABEKA
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 6,359 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-01-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.