Sarel
ActiveSummary
Sarel has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €401,834 and a net result of €16,097. Equity is shrinking by ~7.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 7 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €284 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,771 | €52,967 | €24,925 | €24,931 | €14,358 | ▼ 42.4% |
| Other operating charges640/8 | - | €8,167 | €6,492 | €7,688 | €1,933 | ▼ 74.9% |
| Non-recurring operating charges66A | - | - | - | - | €13,008 | - |
| Gross operating margin9900 | €270,486 | €52,437 | €44,310 | €46,208 | €58,380 | ▲ 26.3% |
| Operating profit (loss)9901 | €261,499 | -€8,697 | €12,893 | €13,589 | €29,081 | ▲ 114% |
| Financial income75/76B | - | €1 | €0 | €535 | €64 | ▼ 88.1% |
| Recurring financial income75 | €1 | €1 | €0 | €535 | €64 | ▼ 88.1% |
| Financial charges65/66B | - | €1,106 | €4,633 | €4,618 | €4,067 | ▼ 11.9% |
| Recurring financial charges65 | €3,977 | €1,106 | €4,633 | €4,618 | €4,067 | ▼ 11.9% |
| Profit (loss) for the period before taxes9903 | €257,524 | -€9,803 | €8,260 | €9,506 | €25,077 | ▲ 164% |
| Transfer from deferred taxes780 | - | €465 | €1,394 | €1,394 | €1,394 | = |
| Income taxes67/77 | €25,274 | - | €1,965 | €5,030 | €10,374 | ▲ 106% |
| Profit (loss) for the period9904 | €186,257 | -€9,338 | €7,689 | €5,870 | €16,097 | ▲ 174% |
| Transfer from tax-exempt reserves789 | - | €1,394 | €4,181 | €4,181 | €4,181 | = |
| Profit (loss) for the period to be appropriated9905 | €48,278 | -€7,944 | €11,870 | €10,051 | €20,278 | ▲ 102% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €561,181 | €978,131 | €749,106 | €723,564 | €714,247 | ▼ 1.3% |
| Fixed assets21/28 | €140,599 | €656,890 | €587,580 | €566,102 | €551,744 | ▼ 2.5% |
| Tangible fixed assets22/27 | €140,599 | €606,890 | €587,580 | €566,102 | €551,744 | ▼ 2.5% |
| Land and buildings22 | - | €606,890 | €587,580 | €563,609 | €550,402 | ▼ 2.3% |
| Plant, machinery and equipment23 | - | - | - | €2,493 | €1,342 | ▼ 46.2% |
| Financial fixed assets28 | - | €50,000 | €0 | - | - | - |
| Current assets29/58 | €420,582 | €321,241 | €161,526 | €157,463 | €162,503 | ▲ 3.2% |
| Cash at bank and in hand54/58 | €420,008 | €321,241 | €161,526 | €157,463 | €161,707 | ▲ 2.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €796 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €561,181 | €978,131 | €749,106 | €723,564 | €714,247 | ▼ 1.3% |
| Equity10/15 | €442,506 | €362,422 | €370,111 | €375,981 | €401,834 | ▲ 6.9% |
| Contributions10/11 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €365,760 | €364,366 | €364,111 | €369,981 | €395,834 | ▲ 7.0% |
| Tax-exempt reserves132 | - | €136,585 | €132,404 | €128,222 | €133,797 | ▲ 4.3% |
| Distributable reserves133 | - | €227,782 | €231,707 | €241,758 | €262,037 | ▲ 8.4% |
| Profit (loss) carried forward14 | -€68,337 | -€7,944 | €0 | - | - | - |
| Provisions and deferred taxes16 | €45,993 | €45,528 | €44,135 | €42,741 | €44,599 | ▲ 4.3% |
| Deferred taxes168 | - | €45,528 | €44,135 | €42,741 | €44,599 | ▲ 4.3% |
| Amounts payable17/49 | €72,682 | €570,181 | €334,861 | €304,843 | €267,813 | ▼ 12.1% |
| Amounts payable after more than one year17 | €9,138 | €393 | €266,848 | €248,354 | €229,581 | ▼ 7.6% |
| Financial debts170/4 | - | €393 | €266,848 | €248,354 | €229,581 | ▼ 7.6% |
| Amounts payable within one year42/48 | €63,544 | €568,489 | €68,013 | €56,489 | €38,232 | ▼ 32.3% |
| Current portion of amounts payable after more than one year42 | - | €8,745 | €18,196 | €18,494 | €18,796 | ▲ 1.6% |
| Trade debts44 | €832 | €470,700 | €937 | €827 | €500 | ▼ 39.5% |
| Suppliers440/4 | - | €470,700 | €937 | €827 | €500 | ▼ 39.5% |
| Taxes, remuneration and social security45 | - | €25,774 | €2,465 | €5,030 | €10,289 | ▲ 105% |
| Taxes450/3 | - | €25,274 | €1,965 | €5,030 | €10,289 | ▲ 105% |
| Remuneration and social security454/9 | - | €500 | €500 | €0 | - | - |
| Other amounts payable47/48 | - | €63,270 | €46,415 | €32,138 | €8,647 | ▼ 73.1% |
| Accrued charges and deferred income492/3 | - | €1,300 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €186,257 | -€9,338 | €7,689 | €5,870 | €16,097 | ▲ 174% |
| + Depreciation and write-downs630 | €1,771 | €52,967 | €24,925 | €24,931 | €14,358 | ▼ 42.4% |
| Operating cash flow (approximation) | €188,028 | €43,629 | €32,614 | €30,800 | €30,455 | ▼ 1.1% |
| Investment in fixed assets (approximation) | - | -€569,258 | €44,386 | -€3,452 | €0 | ▲ 100% |
| Change in cash | - | -€98,767 | -€159,715 | -€4,063 | €4,244 | ▲ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
10-07
State Gazette act
Registered officeRegistered-office move · Power of attorney12 facts ▸
- Registered-office move, Schrijnbroekstraat 57, 3500 Hasselt
- Board meeting, 03-04-2026
- Power of attorney, Moore Finance & Tax BV
- Power of attorney, Tanja De Naeyer
- Power of attorney, Dominique Jaminet
- Power of attorney, Valira Baleci
- Power of attorney, Marie Decloedt
- Power of attorney, Tessa Loverix
- Power of attorney, Elien Baekelmans
- Power of attorney, Ellen Geuens
- Power of attorney, Charlotte Billiet
- Power of attorney, Katrien Loyens
Show earlier events
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0721/00A000 | Flanders | 1,416 m² | 1 · 249 m² | 9.2 m · 1 fl. |
Linked by address, not proof of ownership
Identification & contact
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Register as of 30 September 2026 · Peppol Directory
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