SAREEN

Active

Private limited companyfounded 20233 yrs activeTongerlodorp 3, 2260 Westerlo, BelgiumKBO/BCE: BE 0805.285.189

The computed 12-month bankruptcy probability of SAREEN is 3.2% (moderate). The 2024 annual accounts show equity of €22k and a net result of €19k. Its solvency ranks better than 70% of 26056 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

85 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability79

Solvency97

Growth-

Stability79

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity ample (current ratio 2.28), and 43.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

56.2%

Return on assets

49.7%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 · 1 filing

Deviation from the deadline

2024

11 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€287k

EBIT margin

8.6%

Net result

€19k

Working capital

€22k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Equity and liabilities €39k

56.2%

43.8%

Equity €22k

Debt €17k

Debt finances 43.8% of the balance-sheet total.

Key figures and ratios

2024 value

Solvency

56.2%

Current ratio

2.28

Quick ratio

1.30

Debt / equity

0.78

ROE

88.5%

ROA

49.7%

Debt

€17k

Debt ≤ 1 year

€17k

Income taxes

€5k

Staff costs

€400

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€39k

Current assets29/58€39k

Stocks and contracts in progress3€17k

Stocks30/36€17k

Amounts receivable within one year40/41€13k

Other amounts receivable41€13k

Cash at bank and in hand54/58€9k

Equity and liabilities

Total equity and liabilities10/49€39k

Equity10/15€22k

Contributions10/11€3k

Profit (loss) carried forward14€19k

Amounts payable17/49€17k

Amounts payable within one year42/48€17k

Trade debts44€9k

Suppliers440/4€9k

Taxes, remuneration and social security45€5k

Taxes450/3€5k

Other amounts payable47/48€3k

Income statement Code2024

Turnover70€287k

Goods, raw materials, services and sundry goods60/61€258k

Remuneration, social security and pensions62€400

Other operating charges640/8€4k

Gross operating margin9900€29k

Operating profit (loss)9901€25k

Financial charges65/66B€87

Recurring financial charges65€87

Profit (loss) for the period before taxes9903€25k

Income taxes67/77€5k

Profit (loss) for the period9904€19k

Profit (loss) for the period to be appropriated9905€19k

Appropriation of the result

Profit (loss) to be appropriated9906€19k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2025

11-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 11 days late

NBB filing

Directors · office · real estate

Directors

5 directors, no change since 2025

KALRA Mak Singh

Director · since 01-04-2025

Current

SINGH Kartar Sareen

Director · since 13-10-2023

Current

01-04-2025 KALRA Mak Singh: Appointed as Director

31-03-2025 Kalra Narpal Singh: Resigned as Director

01-10-2024 Kalra Narpal Singh: Appointed as Director

30-09-2024 Singh Kartar: Resigned as Director

13-10-2023 SINGH Kartar Sareen: Appointed as Director

13-10-2023 SINGH Jagmit: Resigned as Director

Location & real-estate footprint

Registered office, Westerlo · 2 establishment units since 2023

establishment All 2 establishment units on the map

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.

Tongerlodorp 32260 Westerlo

Ground area

871 m²

Building footprint

315 m²

Volume, LiDAR

1,665 m³

2 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

SAREEN

Tongerlodorp 3, 2260 WesterloRetail trade

since 20232.349.114.425

Kukreja night shop

Turnhoutsebaan 246, 2970 SchildeNon-specialised retail sale with food, beverages or tobacco predominating

since 20252.373.163.297

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11922C0017/00N000	Flanders	528 m²	1 · 149 m²	12.1 m · 1 fl.
13039E0141/00S000	Flanders	343 m²	1 · 166 m²	10.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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

2 sites

Schilde2.373.163.297

1 permission

Toelating · Detailhandel · since 09-05-2025

Westerlo2.349.114.425

1 permission

Toelating · Detailhandel · since 25-09-2023

Similar companies · same sector, comparable size

MADUKA SERVICES PROPRES

Sint-Jans-Molenbeek · Eq €22k

Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 4,154 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-08-2023

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47112Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.