Sarens
ActiveSummary
Sarens has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193k and a net result of €-13k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▲+29
Solvency82▼-1
Growth60▲+21
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 6.6 against 11.7 in 2024; short-term debt: 6.6% and cash: 20.3% of total assets), and 42.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-13k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
43 d early
2023
43 d early
2022
18 d early
2021
17 d early
2020
25 d early
2019
16 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€187k▲ 19.5%
2024 · €156k
2018: €230k
2019: €210k
2020: €252k
2021: €223k
2022: €262k
2023: €253k
2024: €156k
2018 → 2025
EBIT margin
-3.2%▲ 8.0pp
2024 · -11.1%
2018: -5.1%
2019: 5.5%
2020: 21.0%
2021: 18.6%
2022: 12.9%
2023: 0.7%
2024: -11.1%
2018 → 2025
Net result
€-13k▲ 48.3%
2024 · €-25k
2018: €-16k
2019: €8k
2020: €42k
2021: €28k
2022: €27k
2023: €-8k
2024: €-25k
2018 → 2025
Working capital
€125k▼ 5.2%
2024 · €132k
2018: €75k
2019: €95k
2020: €148k
2021: €187k
2022: €222k
2023: €218k
2024: €132k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€223k-€262k▲ 17.5%€253k▼ 3.6%€156k▼ 38.2%€187k▲ 19.5%
Equity€212k-€239k▲ 12.6%€231k▼ 3.2%€206k▼ 10.7%€193k▼ 6.2%
Operating result€42k-€34k▼ 19.0%€2k▼ 94.9%€-17k€-6k▲ 66.0%
Net result€28k-€27k▼ 5.2%€-8k€-25k▼ 220%€-13k▲ 48.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €17k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €338k
Fixed assets
€191k ▼ 10.1%
Current assets
€147k ▲ 2.2%
Equity and liabilities €338k
Equity
€193k ▼ 6.2%
Debt
€144k ▼ 3.6%
Debt's share of the balance-sheet total rises from 42.1% to 42.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€20k▲
2024 · €3k
Cash flow
€13k▲
2024 · €-5k
Current ratio
6.60▼
2024 · 11.70
Quick ratio
6.28▼
2024 · 10.92
Debt to equity
0.75▲
2024 · 0.73
ROE
-6.6%▲
2024 · -12.0%
ROA
-3.8%▲
2024 · -7.0%
Interest coverage
2.88▲
2024 · 0.33
Debt ≤ 1 year
€22k▲
2024 · €12k
Debt > 1 year
€122k▼
2024 · €138k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€356k€338k▼
Fixed assets21/28€212k€191k▼
Tangible fixed assets22/27€210k€189k▼
Land and buildings22€206k€185k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€113€56▼
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€2k€2k=
Current assets29/58€144k€147k▲
Stocks and contracts in progress3€10k€7k▼
Stocks30/36€10k€7k▼
Amounts receivable within one year40/41€67k€72k▲
Trade receivables40€1k€14k▲
Other amounts receivable41€65k€57k▼
Cash at bank and in hand54/58€68k€69k▲
Equity and liabilities
Total equity and liabilities10/49€356k€338k▼
Equity10/15€206k€193k▼
Contributions10/11€19k€19k=
Reserves13€188k€175k▼
Distributable reserves133€188k€175k▼
Amounts payable17/49€150k€144k▼
Amounts payable after more than one year17€138k€122k▼
Financial debts170/4€138k€122k▼
Amounts payable within one year42/48€12k€22k▲
Trade debts44€10k€18k▲
Suppliers440/4€10k€18k▲
Taxes, remuneration and social security45€2k€4k▲
Remuneration and social security454/9€2k€4k▲
Income statement
Code20242025
Turnover70€156k€187k▲
Goods, raw materials, services and sundry goods60/61€149k€161k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€26k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A-€647
Gross operating margin9900€7k€26k▲
Operating profit (loss)9901€-17k€-6k▲
Financial income75/76B€408€97▼
Recurring financial income75€408€97▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€-25k€-13k▲
Profit (loss) for the period9904€-25k€-13k▲
Profit (loss) for the period to be appropriated9905€-25k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-13k▲
Transfer from equity791/2€25k€13k▼
The notes to these accounts (12 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €212k ▲15.3%
3 profitable years in a row build equity to €212k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €42k ▲422%
Operating result €53k, net result €42k, both a record.
31-12
Financial
Equity above €150kEq €184k ▲29.7%
2 profitable years in a row build equity to €184k.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
Show earlier events
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-07
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
1 act for this company is 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, Merchtem · 1 establishment unit since 1997
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.
Peisegemstraat 611785 MerchtemGround area
938 m²
Building footprint
231 m²
Volume, LiDAR
706 m³
Parcel 23052A0201/00X002, Flanders · tallest building 3.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Peisegemstraat 61, 1785 Merchtem
since 19972.081.439.262
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23052A0201/00X002 | Flanders | 938 m² | 1 · 231 m² | 3.9 m · 1 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
FJ TOITURE
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DAKWERKEN SIX
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DAVIDE TOITURE - DAKWERKEN
BE 0793.860.668
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INLITIRO
BE 0741.656.753
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TOITURE ROOSENS
BE 0644.623.002
Le Roeulx · Eq €193,543
Of 8,561 companies in sector 43410 we hold annual accounts for 4,357. 3,635 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 formPrivate limited company
Founded08-04-1997
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43211General electrical installation work
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.