SARIBASAK
ActiveThe computed 12-month bankruptcy probability of SARIBASAK is 2.3% (moderate). The annual accounts of SARIBASAK for fiscal year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €14k and a net result of €-30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 18120 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-21
Solvency46▼-46
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.67 against 1.77 in 2024; short-term debt: 38.6% and cash: 55.7% of total assets), but 78.8% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
21.2%
Return on assets
-43.7%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 d early
2024
30 d early
2023
27 d late
2022
30 d late
2021
51 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 67.3%
2024 · €44k
2021: €4k
2022: €21k
2023: €43k
2024: €44k
2021 → 2025
Total assets
€68k▲ 2.8%
2024 · €66k
2021: €34k
2022: €54k
2023: €123k
2024: €66k
2021 → 2025
Net result
€-30k
2024 · €1k
2021: €-11k
2022: €17k
2023: €22k
2024: €1k
2021 → 2025
Working capital
€18k▲ 3.8%
2024 · €17k
2021: €-23k
2022: €-4k
2023: €13k
2024: €17k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€21k▲ 411%€43k▲ 104%€44k▲ 2.7%€14k▼ 67.3%
Operating result€-11k-€20k€28k▲ 41.3%€-5k€-31k▼ 555%
Net result€-11k-€17k€22k▲ 29.4%€1k▼ 94.8%€-30k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€24k▼ 11.0%
Current assets
€44k▲ 12.5%
Equity and liabilities €68k
Equity
€14k▼ 67.3%
Debt
€54k▲ 143%
The debt ratio rises from 33.3% to 78.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-28k▼
2024 · €-1k
Cash flow
€-26k▼
2024 · €4k
Solvency
21.2%▼
2024 · 66.7%
Current ratio
1.67▼
2024 · 1.77
Quick ratio
1.49▼
2024 · 1.60
Debt / equity
3.71▲
2024 · 0.50
ROE
-205.8%▼
2024 · 2.6%
ROA
-43.7%▼
2024 · 1.7%
Interest coverage
-20.46▼
2024 · -5.39
Debt
€54k▲
2024 · €22k
Debt ≤ 1 year
€26k▲
2024 · €22k
Debt > 1 year
€27k
Income taxes
€95▼
2024 · €319
Staff costs
€14k▼
2024 · €15k
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€66k€68k▲
Fixed assets21/28€27k€24k▼
Tangible fixed assets22/27€22k€19k▼
Plant, machinery and equipment23€21k€19k▼
Furniture and vehicles24€742€485▼
Financial fixed assets28€5k€5k=
Current assets29/58€39k€44k▲
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€3k€1k▼
Trade receivables40€1k€144▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€32k€38k▲
Equity and liabilities
Total equity and liabilities10/49€66k€68k▲
Equity10/15€44k€14k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€29k€-570▼
Amounts payable17/49€22k€54k▲
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€22k€26k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€370€3k▲
Suppliers440/4€370€3k▲
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€6k€95▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€14k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€15k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€125€977▲
Non-recurring operating charges66A€7k€13k▲
Gross operating margin9900€21k€-3▼
Operating profit (loss)9901€-5k€-31k▼
Financial income75/76B€7k€3k▼
Recurring financial income75€7k€3k▼
Financial charges65/66B€276€1k▲
Recurring financial charges65€276€1k▲
Profit (loss) for the period before taxes9903€1k€-30k▼
Income taxes67/77€319€95▼
Profit (loss) for the period9904€1k€-30k▼
Profit (loss) for the period to be appropriated9905€1k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€-570▼
Profit (loss) brought forward from the previous period14P€28k€29k▲
The notes to these accounts (7 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-30k ▼2694%
Net result drops to €-30k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2021net €22k ▲29.4%
Operating result €28k, net result €22k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
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, Aalst · 1 establishment unit since 2021
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.
Dendermondse steenweg 79300 AalstGround area
181 m²
Building footprint
174 m²
Volume, LiDAR
1,639 m³
Parcel 41302C1004/00L002, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hazar
since 20212.313.617.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C1004/00L002 | Flanders | 181 m² | 1 · 174 m² | 14.6 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 siteAalst2.313.617.274
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,098. 773 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2021
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.