SARBAT
The computed 12-month bankruptcy probability of SARBAT is 1.7% (moderate). The 2024 annual accounts show equity of €56k and a net result of €26k. Equity is growing by ~52.9% per year across the filed fiscal years. Its solvency ranks better than 64% of 26065 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €56k |
| Net result | €26k |
| Better than sector | 64% |
| Active | 7 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 49.0% | 32.3% | |
| Net result | €26k | €4k | |
| Equity | €56k | €39k | |
| Gross operating margin | €48k | €31k | |
| Total assets | €114k | €146k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | €204k | €121k | - |
| EBITDA | €44k | €31k | €31k |
| Net profit | €26k | €7k | €11k |
| Cash flow | €33k | €10k | €11k |
| Staff costs | - | - | - |
| Income taxes | €9k | €21k | €20k |
| Dividends | - | - | - |
| Total assets | €114k | €119k | €74k |
| Equity | €56k | €30k | €24k |
| Debt | €58k | €88k | €50k |
| of which ≤ 1y | €36k | €61k | €50k |
| of which > 1y | €22k | €27k | - |
| Working capital | €28k | €387 | €-286 |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.78 | 1.01 | 0.99 |
| Quick ratio | 1.75 | 0.99 | 0.95 |
| Working capital ratio | 24.7% | 0.3% | -0.4% |
| Solvency | 49.0% | 25.6% | 32.1% |
| Debt / equity | 1.04 | 2.90 | 2.12 |
| Long-term debt ratio | 0.39 | 0.90 | - |
| Interest coverage | 27.54 | 24.47 | 20.44 |
| Gross margin | 23.6% | 30.7% | - |
| Net margin | 12.5% | 5.5% | - |
| ROA | 22.4% | 5.6% | 14.9% |
| ROE | 45.6% | 21.8% | 46.4% |
| EBITDA margin | 21.7% | 25.9% | - |
| Days sales outstanding | 24d | 30d | - |
| Days payable outstanding | 1d | 92d | - |
| Inventory turnover | 148.47 | 98.59 | - |
| Days inventory (DSI) | 2d | 4d | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €114k | €119k | €74k |
| Fixed assets | 21/28 | €50k | €57k | €24k |
| Tangible fixed assets | 22/27 | €26k | €34k | €582 |
| Financial fixed assets | 28 | €24k | €24k | €24k |
| Current assets | 29/58 | €65k | €61k | €50k |
| Stocks & contracts in progress | 3 | €1k | €850 | €2k |
| Amounts receivable within one year | 40/41 | €14k | €36k | €26k |
| Cash & bank | 54/58 | €50k | €24k | €21k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €114k | €119k | €74k |
| Equity | 10/15 | €56k | €30k | €24k |
| Contributions / capital | 10/11 | €6k | €6k | €6k |
| Reserves | 13 | €496 | €496 | €496 |
| Accumulated profits (losses) | 14 | €49k | €24k | €17k |
| Amounts payable | 17/49 | €58k | €88k | €50k |
| Amounts payable after one year | 17 | €22k | €27k | - |
| Amounts payable within one year | 42/48 | €36k | €61k | €50k |
| Trade debts payable within one year | 44 | €233 | €21k | €14k |
| Income statement | ||||
| Turnover | 70 | €204k | €121k | - |
| Gross operating margin | 9900 | €48k | €37k | €46k |
| Operating result | 9901 | €36k | €28k | €31k |
| Financial income | 75 | - | - | €1k |
| Financial charges | 65 | €2k | €1k | €2k |
| Result before taxes | 9903 | €35k | €27k | €31k |
| Income taxes | 67/77 | €9k | €21k | €20k |
| Net result for the period | 9904 | €26k | €7k | €11k |
| Result to be appropriated | 9905 | €26k | €7k | €11k |
-
SINGH ManmithNon-statutory directorState Gazette act 24438690 (23-10-2024)Current23-10-2024 → present
2 events
- 23-10-2024 Resigned· Manager
- 23-10-2024 Appointed· Non-statutory director
| NACE primary | Retail sale of information and communication equipment(47400) |
| Legal form | Private limited company(610) |
| Incorporation | 05-12-2018 |
| Status | Active |
| Postal code | 2060 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H0555/00C000 | Flanders | 298 m² | 1 · 298 m² | 27.2 m · 8 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-10-2024 1 director appointed, 1 resigning
- SINGH Manmith, Niet-statutair bestuurder
- SINGH Manmith, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "SINGH Manmith",
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},
"reason": "de_plein_droit_dissolution",
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"evidence_quote": "De algemene vergadering besluit de huidige zaakvoerder, hierna vermeld, ontslag te geven uit zijn functie, zijnde: De heer SINGH Manmith, voornoemd.",
"decharge_status": "granted",
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},
{
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"mandate_duration": {
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},
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{
"kind": "decharge_granted",
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"evidence_quote": "De algemene vergadering verleent volledige en algehele kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
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}
],
"notary": {
"name": "Jean VAN den WOUWER",
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-10-23",
"filing_date": "2024-10-21",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-10-07",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0715.517.431",
"name_full": "SARBAT",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jean Van den Wouwer",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte",
"statuten",
"volmacht"
],
"corrected_publication_numac": null
}| Legal nameNL | SARBAT |