SAREN
ActiveSAREN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.00M and a net result of €95k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-53
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 3.3 against 4.76 in 2024), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.6%
Return on assets
7.3%
Age of the figures
8 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d late
2023
5 d early
2022
3 d early
2021
1 d early
2020
29 d early
2019
25 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.00M▲ 0.6%
2024 · €996k
2018: €280k
2019: €327k
2020: €422k
2021: €405k
2022: €494k
2023: €675k
2024: €996k
2018 → 2025
Total assets
€1.29M▲ 6.4%
2024 · €1.21M
2018: €394k
2019: €459k
2020: €569k
2021: €563k
2022: €651k
2023: €844k
2024: €1.21M
2018 → 2025
Net result
€95k▼ 70.5%
2024 · €321k
2018: €55k
2019: €48k
2020: €95k
2021: €-17k
2022: €89k
2023: €181k
2024: €321k
2018 → 2025
Working capital
€664k▼ 18.7%
2024 · €817k
2018: €197k
2019: €209k
2020: €293k
2021: €294k
2022: €399k
2023: €540k
2024: €817k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€405k-€494k▲ 21.9%€675k▲ 36.5%€996k▲ 47.5%€1.00M▲ 0.6%
Operating result€-10k-€125k€267k▲ 114%€487k▲ 82.3%€157k▼ 67.8%
Net result€-17k-€89k€181k▲ 103%€321k▲ 77.6%€95k▼ 70.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 68% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€339k▲ 88.4%
Current assets
€952k▼ 7.9%
Equity and liabilities €1.29M
Equity
€1.00M▲ 0.6%
Debt
€289k▲ 33.1%
The debt ratio rises from 17.9% to 22.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€220k▼
2024 · €525k
Cash flow
€158k▼
2024 · €359k
Solvency
77.6%▼
2024 · 82.1%
Current ratio
3.30▼
2024 · 4.76
Quick ratio
2.01▼
2024 · 3.22
Debt / equity
0.29▲
2024 · 0.22
ROE
9.4%▼
2024 · 32.2%
ROA
7.3%▼
2024 · 26.4%
Interest coverage
13.53▼
2024 · 33.50
Debt
€289k▲
2024 · €217k
Debt ≤ 1 year
€288k▲
2024 · €217k
Income taxes
€46k▼
2024 · €151k
Staff costs
€365k▲
2024 · €292k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.21M€1.29M▲
Fixed assets21/28€180k€339k▲
Tangible fixed assets22/27€155k€314k▲
Plant, machinery and equipment23€75k€208k▲
Furniture and vehicles24€66k€95k▲
Other tangible fixed assets26€13k€10k▼
Financial fixed assets28€25k€25k=
Current assets29/58€1.03M€952k▼
Stocks and contracts in progress3€335k€373k▲
Stocks30/36€335k€373k▲
Amounts receivable within one year40/41€13k€70k▲
Trade receivables40-€6k
Other amounts receivable41€13k€65k▲
Cash at bank and in hand54/58€681k€497k▼
Deferred charges and accrued income490/1€4k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.29M▲
Equity10/15€996k€1.00M▲
Contributions10/11€19k€19k=
Reserves13€611k€617k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€592k€598k▲
Profit (loss) carried forward14€366k€366k=
Amounts payable17/49€217k€289k▲
Amounts payable within one year42/48€217k€288k▲
Trade debts44€79k€106k▲
Suppliers440/4€79k€106k▲
Taxes, remuneration and social security45€126k€88k▼
Taxes450/3€66k€29k▼
Remuneration and social security454/9€60k€59k▼
Other amounts payable47/48€12k€95k▲
Accrued charges and deferred income492/3€517€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€292k€365k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€63k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€821k€587k▼
Operating profit (loss)9901€487k€157k▼
Financial income75/76B€452€302▼
Recurring financial income75€452€302▼
Financial charges65/66B€16k€16k▲
Recurring financial charges65€16k€16k▲
Profit (loss) for the period before taxes9903€472k€141k▼
Income taxes67/77€151k€46k▼
Profit (loss) for the period9904€321k€95k▼
Profit (loss) for the period to be appropriated9905€321k€95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€687k€461k▼
Profit (loss) brought forward from the previous period14P€366k€366k=
Transfer from equity791/2-€89k
Transfer to equity691/2€321k€95k▼
To other reserves6921€321k€95k▼
Profit to be distributed694/7-€89k
Return on contributions (dividend)694-€89k
Social balance
Average headcount (FTE)90879.49.6▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Equity above €1MEq €1.00M ▲0.6%
4 profitable years in a row build equity to €1.00M.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €321k ▲77.6%
Operating result €487k, net result €321k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €675k ▲36.5%
2 profitable years in a row build equity to €675k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-17k ▼118%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beringen · 1 establishment unit since 2010
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.
Leysestraat 273581 BeringenGround area
1,252 m²
Building footprint
725 m²
Volume, LiDAR
5,397 m³
Parcel 71005C0868/00F003, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GRANDIMARKT
since 20102.186.852.429
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005C0868/00F003 | Flanders | 1,252 m² | 1 · 725 m² | 12.3 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeringen2.186.852.429
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RAAS
BE 0422.804.093
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UNIC TRUDA LANDEN
BE 0449.196.211
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VERSAVEL
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 2,251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2007
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.