SARBRA 1750
ActiveSummary
SARBRA 1750 has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €954k and a net result of €3k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-1
Solvency100▲+35
Growth35=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.21 against 1.05 in 2023; short-term debt: 17% and cash: 5.3% of total assets), and 17% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83%
Return on assets
0.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
49 d early
2022
48 d early
2021
33 d early
2020
33 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€561k▼ 20.3%
2023 · €705k
2018: €1.50M
2019: €1.03M
2020: €816k
2021: €1.08M
2022: €1.08M
2023: €705k
2018 → 2024
EBIT margin
1.9%▼ 8.0pp
2023 · 9.9%
2018: 56.0%
2019: 34.7%
2020: 9.6%
2021: 42.0%
2022: 218.4%
2023: 9.9%
2018 → 2024
Net result
€3k▼ 91.6%
2023 · €37k
2018: €526k
2019: €203k
2020: €24k
2021: €303k
2022: €1.70M
2023: €37k
2018 → 2024
Working capital
€432k▲ 588%
2023 · €63k
2018: €-403k
2019: €-156k
2020: €-103k
2021: €205k
2022: €43k
2023: €63k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€816k-€1.08M▲ 31.9%€1.08M=€705k▼ 34.6%€561k▼ 20.3%
Equity€768k-€1.07M▲ 39.5%€914k▼ 14.7%€951k▲ 4.1%€954k▲ 0.3%
Operating result€78k-€452k▲ 477%€2.35M▲ 420%€70k▼ 97.0%€11k▼ 84.8%
Net result€24k-€303k▲ 1,176%€1.70M▲ 461%€37k▼ 97.8%€3k▼ 91.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 85% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.15M
Fixed assets
€523k ▼ 51.0%
Current assets
€627k ▼ 51.3%
Equity and liabilities €1.15M
Equity
€954k ▲ 0.3%
Debt
€196k ▼ 86.1%
Debt's share of the balance-sheet total falls from 59.6% to 17.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€555k▼
2023 · €615k
Cash flow
€548k▼
2023 · €582k
Current ratio
3.21▲
2023 · 1.05
Debt to equity
0.20▼
2023 · 1.48
ROE
0.3%▼
2023 · 3.9%
ROA
0.3%▼
2023 · 1.6%
Interest coverage
109.58▲
2023 · 32.98
Debt ≤ 1 year
€196k▼
2023 · €1.22M
Income taxes
€2k▼
2023 · €14k
Staff costs
€968▲
2023 · €960
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.35M€1.15M▼
Fixed assets21/28€1.07M€523k▼
Tangible fixed assets22/27€1.07M€523k▼
Plant, machinery and equipment23€169k€114k▼
Furniture and vehicles24€898k€408k▼
Current assets29/58€1.29M€627k▼
Amounts receivable within one year40/41€1.02M€566k▼
Trade receivables40€1.02M€563k▼
Other amounts receivable41€280€3k▲
Cash at bank and in hand54/58€272k€61k▼
Equity and liabilities
Total equity and liabilities10/49€2.35M€1.15M▼
Equity10/15€951k€954k▲
Contributions10/11€297k€297k=
Capital10€297k€297k=
Issued capital100€1.00M€1.00M=
Uncalled capital101€704k€704k=
Reserves13€100k€100k=
Non-distributable reserves130/1€100k€100k=
Legal reserve130€100k€100k=
Profit (loss) carried forward14€554k€558k▲
Amounts payable17/49€1.40M€196k▼
Amounts payable after more than one year17€179k-
Financial debts170/4€179k-
Credit institutions173€179k-
Amounts payable within one year42/48€1.22M€196k▼
Current portion of amounts payable after more than one year42€562k€176k▼
Trade debts44€30k€2k▼
Suppliers440/4€30k€2k▼
Taxes, remuneration and social security45€633k€18k▼
Taxes450/3€633k€18k▼
Income statement
Code20232024
Operating income70/76A€705k€561k▼
Turnover70€705k€561k▼
Operating charges60/66A€635k€551k▼
Goods for resale, raw materials and consumables60€34k-
Purchases600/8€34k-
Services and other goods61€56k€5k▼
Remuneration, social security and pensions62€960€968▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€545k€545k=
Operating profit (loss)9901€70k€11k▼
Financial charges65/66B€19k€6k▼
Recurring financial charges65€19k€6k▼
Debt charges650€19k€5k▼
Other financial charges652/9€606€625▲
Profit (loss) for the period before taxes9903€51k€5k▼
Income taxes67/77€14k€2k▼
Taxes670/3€14k€2k▼
Profit (loss) for the period9904€37k€3k▼
Profit (loss) for the period to be appropriated9905€37k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€554k€558k▲
Profit (loss) brought forward from the previous period14P€517k€554k▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €3k ▼91.6%
Net result drops to €3k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.21
Current ratio from 1.05 to 3.21; short-term debt falls from €1.22M to €196k.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.70M ▲461%
Operating result €2.35M, net result €1.70M, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €1MEq €1.07M ▲39.5%
4 profitable years in a row build equity to €1.07M.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Wommelgem · 1 establishment unit since 2003
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.
Jacobsveldweg 82160 WommelgemGround area
1.3 ha
Building footprint
1,539 m²
Volume, LiDAR
8,250 m³
Parcel 11052B0154/00Z000, Flanders · tallest building 15.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SARBRA 1750
since 20032.133.151.447
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052B0154/00Z000 | Flanders | 1.3 ha | 1 · 1,539 m² | 15.9 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.
Similar companies · same sector, comparable size
4 RENT
BE 0671.920.681
Brugge · Eq €958k
FIX
BE 0864.195.863
Beringen · Eq €946k
SMEETS & ZOON
BE 0469.590.658
Riemst · Eq €966k
IBAAR
BE 0501.646.287
Hooglede · Eq €929k
VAN CAMPENHOUT
BE 0417.901.041
Bornem · Eq €916k
Of 667 companies in sector 77320 we hold annual accounts for 492. 344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.sarens.com
E-mail:info@sarens.com