Financials
- Fiscal year
- 2025
- Total assets
- €19,329
- Profit
- €6,144
- Solvency
- -184.1%
Total assets▲ 111%
Net result
20182025
SARBEL
ActiveSummary
SARBEL has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€35,582) and a net result of €6,144. Equity is shrinking by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 11293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Other retail sale of new goods
NACE 47789
1 site
Size
€19,329total assets 2025
- Equity
- -€35,582
- Profit
- €6,144
Structure
Accounts filed 2 d late0 of 1 deed read
Why 55Capped at 59: negative equity- Negative equity -€35,582+ Size: total assets €19,329+ Founded in 2013+ Liquidity: current ratio 0.35, cash €19,002Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 41% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency
0=
equity -184.1% of total assets
Liquidity
50=
short-term debt 284.1% · cash 98.3%
Profitability
100+100
return on assets 31.8%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 19 months
04-2025: 8.9%highest value
05-2025: 8.8%▼ -0.9% vs 04-2025
06-2025: 8.8%● 0.0% vs 05-2025
07-2025: 5.1%▼ -42.0% vs 06-2025
08-2025: 1.1%▼ -78.9% vs 07-2025
09-2025: 1.1%● 0.0% vs 08-2025
10-2025: 1.0%▼ -5.4% vs 09-2025
11-2025: 1.0%● 0.0% vs 10-2025
12-2025: 1.0%● 0.0% vs 11-2025
01-2026: 1.0%▼ -1.0% vs 12-2025
02-2026: 1.0%● 0.0% vs 01-2026
03-2026: 1.0%● 0.0% vs 02-2026
04-2026: 1.0%▲ +1.0% vs 03-2026
05-2026: 1.0%▼ -2.3% vs 04-2026
06-2026: 1.0%▼ -2.2% vs 05-2026
07-2026: 1.0%▲ +5.5% vs 06-2026
08-2026: 1.2%▲ +18.6% vs 07-2026
09-2026: 0.4%▼ -63.4% vs 08-2026lowest value
10-2026: 0.4%● 0.0% vs 09-2026lowest value
- Size: total assets €19,329 lowers the probability for this profile
- Negative equity -€35,582 raises the probability
- Founded in 2013 lowers the probability for this profile
- Liquidity: current ratio 0.35, cash €19,002 lowers the probability
No credit on open account
Liquidity short (current ratio 0.35 against 0.27 in 2024; short-term debt: 284.1% and cash: 98.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 6%, liquidity 52%, profitability 96%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 11293 sector peers (2025).
NBB · sector comparisonPosition among 11293 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-08-2026, 2 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 · 10 filingsDeviation from the deadline
2025
2 d late
2024
16 d early
2023
321 d late
2022
687 d late
2021
120 d late
2020
31 d late
2019
66 d late
← 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 173 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 November (4 of the last 5 filed years within 202 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €6,144
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 02-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 15-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Other retail sale of new goodsNACE 47789
- Founded
- 20-12-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.