SARINFRA
ActiveSARINFRA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €892k and a net result of €9k. Equity is growing by ~61.4% per year across the filed fiscal years. Its solvency ranks better than 18% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability5▼-74
Solvency19▼-34
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days only on tighter terms
Liquidity short (current ratio 0.89 against 1.03 in 2023), and 84.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 42
Relative position
BE, all sectors
reference
Sector 42
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 2024Solvency, return and age of the figures
Solvency
15.5%
Return on assets
0.2%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 493 sector peers (2024).
NBB · sector comparisonPosition among 493 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
86 d late
2022
61 d late
2021
50 d late
2020
61 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€892k▲ 1.0%
2023 · €884k
2018: €75k
2019: €130k
2020: €168k
2021: €355k
2022: €743k
2023: €884k
2018 → 2024
Total assets
€5.77M▲ 116%
2023 · €2.67M
2018: €728k
2019: €483k
2020: €583k
2021: €1.35M
2022: €2.67M
2023: €2.67M
2018 → 2024
Net result
€9k▼ 93.7%
2023 · €140k
2018: €63k
2019: €55k
2020: €38k
2021: €187k
2022: €388k
2023: €140k
2018 → 2024
Working capital
€-479k
2023 · €49k
2018: €75k
2019: €130k
2020: €-266k
2021: €-189k
2022: €170k
2023: €49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€168k-€355k▲ 111%€743k▲ 109%€884k▲ 18.9%€892k▲ 1.0%
Operating result€49k-€252k▲ 413%€470k▲ 86.4%€231k▼ 50.9%€35k▼ 84.8%
Net result€38k-€187k▲ 395%€388k▲ 107%€140k▼ 63.8%€9k▼ 93.7%
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 has fallen two years in a row; 2024 is 85% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.77M
Fixed assets
€1.69M▲ 44.8%
Current assets
€4.08M▲ 171%
Equity and liabilities €5.77M
Equity
€892k▲ 1.0%
Debt
€4.88M▲ 173%
The debt ratio rises from 66.9% to 84.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€226k▼
2023 · €365k
Cash flow
€200k▼
2023 · €275k
Solvency
15.5%▼
2023 · 33.1%
Current ratio
0.89▼
2023 · 1.03
Quick ratio
0.89▼
2023 · 1.03
Debt / equity
5.47▲
2023 · 2.02
ROE
1.0%▼
2023 · 15.9%
ROA
0.2%▼
2023 · 5.3%
Interest coverage
11.64▼
2023 · 35.08
Debt
€4.88M▲
2023 · €1.79M
Debt ≤ 1 year
€4.56M▲
2023 · €1.45M
Debt > 1 year
€304k▼
2023 · €330k
Income taxes
€25k▼
2023 · €80k
Staff costs
€180k▼
2023 · €2.12M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.67M€5.77M▲
Fixed assets21/28€1.17M€1.69M▲
Tangible fixed assets22/27€1.02M€1.54M▲
Land and buildings22€559k€1.32M▲
Plant, machinery and equipment23€110k€65k▼
Furniture and vehicles24€351k€153k▼
Financial fixed assets28€150k€150k=
Current assets29/58€1.50M€4.08M▲
Amounts receivable within one year40/41€1.20M€3.94M▲
Trade receivables40€101k€3.41M▲
Other amounts receivable41€1.10M€533k▼
Cash at bank and in hand54/58€302k€138k▼
Deferred charges and accrued income490/1€427-
Equity and liabilities
Total equity and liabilities10/49€2.67M€5.77M▲
Equity10/15€884k€892k▲
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Reserves13€529k€529k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€528k€528k=
Profit (loss) carried forward14€342k€351k▲
Amounts payable17/49€1.79M€4.88M▲
Amounts payable after more than one year17€330k€304k▼
Financial debts170/4€330k€304k▼
Amounts payable within one year42/48€1.45M€4.56M▲
Current portion of amounts payable after more than one year42€51k€45k▼
Trade debts44€1.19M€4.43M▲
Suppliers440/4€1.19M€4.43M▲
Taxes, remuneration and social security45€218k€85k▼
Taxes450/3€218k€85k▼
Accrued charges and deferred income492/3€5k€17k▲
Income statement
Code20232024
Remuneration, social security and pensions62€2.12M€180k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€134k€191k▲
Other operating charges640/8€4k€32k▲
Gross operating margin9900€2.49M€438k▼
Operating profit (loss)9901€231k€35k▼
Financial income75/76B€110€18k▲
Recurring financial income75€110€18k▲
Financial charges65/66B€10k€19k▲
Recurring financial charges65€10k€19k▲
Profit (loss) for the period before taxes9903€220k€34k▼
Income taxes67/77€80k€25k▼
Profit (loss) for the period9904€140k€9k▼
Profit (loss) for the period to be appropriated9905€140k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€482k€351k▼
Profit (loss) brought forward from the previous period14P€342k€342k=
Transfer to equity691/2€140k-
To other reserves6921€140k-
Social balance
Average headcount (FTE)908750.43.0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 71 days late
2024
31-12
Financial
Weakest financial yearnet €9k ▼93.7%
Net result drops to €9k, the lowest in the series.
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 86 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
31-12
Financial
Highest result since 2018net €388k ▲107%
Operating result €470k, net result €388k, both a record.
31-12
Financial
Equity above €500kEq €743k ▲109%
5 profitable years in a row build equity to €743k.
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 50 days late
2021
31-12
Financial
Equity above €200kEq €355k ▲111%
4 profitable years in a row build equity to €355k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Equity above €150kEq €168k ▲29%
3 profitable years in a row build equity to €168k.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Equity above €100kEq €130k ▲73.4%
2 profitable years in a row build equity to €130k.
14-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 106 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
13-01-2026
SARI UMIT: Resigned as Director
30-10-2019
Soner SARI: Resigned as Manager
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2017
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.
Oude Eksaardebaan 69160 LokerenGround area
807 m²
Building footprint
124 m²
Volume, LiDAR
675 m³
Parcel 46383D0115/00K000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SARINFRA
since 20172.268.930.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46383D0115/00K000 | Flanders | 807 m² | 1 · 124 m² | 7.9 m · 2 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
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CCK SOLUTIONS
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As · Eq €886k
ZWAENEPOEL CONSTRUCT
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ENGENEERING CABLING SYSTEM
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Of 1,806 companies in sector 42220 we hold annual accounts for 947. 444 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-08-2017
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
42212Civil engineering
43130Specialised construction activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.