Saris
ActiveSummary
Saris has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,073 and a net result of €29,879. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 57% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+73
Solvency79▼-10
Growth70▲+17
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.0 against 2.45 in 2024; short-term debt: 46.4% and cash: 27.4% of total assets), and 46.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
53.6%
Return on assets
28.1%
Age of the figures
9 mo
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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
40 d early
2022
3 d early
2021
33 d early
2020
33 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€51,513▼ 25.0%
2019 · €68,714
EBIT margin
2.1%▲ 1.0pp
2019 · 1.0%
Net result
€29,879
2024 · -€3,671
Working capital
€49,225▲ 4.2%
2024 · €47,225
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€51,513
Operating result€1,074▼ 71.4%€30,345▲ 2,726%€820▼ 97.3%€3,028▲ 269%€30,060▲ 893%
Net result€952within the sector's middle half▼ 88.9%€30,139above the sector's middle half▲ 3,065%€442within the sector's middle half▼ 98.5%-€3,671below the sector's middle half€29,879above the sector's middle half
EBIT margin2.1%
Equity€30,162within the sector's middle half▲ 3.3%€60,301within the sector's middle half▲ 99.9%€60,743within the sector's middle half▲ 0.7%€57,073within the sector's middle half▼ 6.0%€57,073within the sector's middle half=
Total assets€46,117below the sector's middle half▲ 32.8%€76,415within the sector's middle half▲ 65.7%€107,662within the sector's middle half▲ 40.9%€89,543within the sector's middle half▼ 16.8%€106,504within the sector's middle half▲ 18.9%
Debt€15,954▲ 189%€16,114▲ 1.0%€46,918▲ 191%€32,470▼ 30.8%€49,431▲ 52.2%
Working capital€12,514▼ 55.2%€46,553▲ 272%€50,895▲ 9.3%€47,225▼ 7.2%€49,225▲ 4.2%
Solvency65.4%within the sector's middle half▼ 18.7pp78.9%above the sector's middle half▲ 13.5pp56.4%within the sector's middle half▼ 22.5pp63.7%within the sector's middle half▲ 7.3pp53.6%within the sector's middle half▼ 10.2pp
Staff (FTE)0.11.2▲ 1,100%1.4▲ 16.7%1.4=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 893% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106,504
Fixed assets
€7,848 ▼ 20.3%
Current assets
€98,656 ▲ 23.8%
Equity and liabilities €106,504
Equity
€57,073 =
Debt
€49,431 ▲ 52.2%
Debt's share of the balance-sheet total rises from 36.3% to 46.4%. Debt is higher.
Key figures and ratios
EBITDA
€34,060
Cash flow
€33,879
Current ratio
2.00▼
2024 · 2.45
Debt to equity
0.87▲
2024 · 0.57
ROE
52.4%▲
2024 · -6.4%
ROA
28.1%▲
2024 · -4.1%
Interest coverage
188.46
Debt ≤ 1 year
€49,431▲
2024 · €32,470
Staff costs
€75,713▲
2024 · €75,459
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €51,513 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €44,573 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €4,395 | €69,165 | €75,459 | €75,713 | ▲ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,152 | €3,900 | €3,900 | - | €4,000 | - |
| Other operating charges640/8 | €2,715 | €1,187 | €1,265 | €1,439 | €927 | ▼ 35.6% |
| Gross operating margin9900 | €6,940 | €39,826 | €75,151 | €79,926 | €110,700 | ▲ 38.5% |
| Operating profit (loss)9901 | €1,074 | €30,345 | €820 | €3,028 | €30,060 | ▲ 893% |
| Financial income75/76B | - | - | €2 | - | - | - |
| Recurring financial income75 | - | - | €2 | - | - | - |
| Financial charges65/66B | €121 | €206 | €190 | €243 | €181 | ▼ 25.5% |
| Recurring financial charges65 | €121 | €206 | €190 | €243 | €181 | ▼ 25.5% |
| Profit (loss) for the period before taxes9903 | €952 | €30,139 | €632 | €2,785 | €29,879 | ▲ 973% |
| Income taxes67/77 | - | - | €190 | €6,456 | - | - |
| Profit (loss) for the period9904 | €952 | €30,139 | €442 | -€3,671 | €29,879 | ▲ 914% |
| Profit (loss) for the period to be appropriated9905 | €952 | €30,139 | €442 | -€3,671 | €29,879 | ▲ 914% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,117 | €76,415 | €107,662 | €89,543 | €106,504 | ▲ 18.9% |
| Fixed assets21/28 | €17,648 | €13,748 | €9,848 | €9,848 | €7,848 | ▼ 20.3% |
| Tangible fixed assets22/27 | €16,348 | €12,448 | €8,548 | €8,548 | €6,548 | ▼ 23.4% |
| Furniture and vehicles24 | €16,348 | €12,448 | €8,548 | €8,548 | €6,548 | ▼ 23.4% |
| Financial fixed assets28 | €1,300 | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Current assets29/58 | €28,469 | €62,667 | €97,814 | €79,695 | €98,656 | ▲ 23.8% |
| Amounts receivable within one year40/41 | €17,094 | €37,301 | €81,239 | €55,038 | €69,440 | ▲ 26.2% |
| Trade receivables40 | €14,592 | €5,035 | €71,434 | €52,684 | €27,929 | ▼ 47.0% |
| Other amounts receivable41 | €2,502 | €32,267 | €9,805 | €2,353 | €41,511 | ▲ 1,664% |
| Cash at bank and in hand54/58 | €11,375 | €25,366 | €16,540 | €24,657 | €29,216 | ▲ 18.5% |
| Deferred charges and accrued income490/1 | - | - | €35 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,117 | €76,415 | €107,662 | €89,543 | €106,504 | ▲ 18.9% |
| Equity10/15 | €30,162 | €60,301 | €60,743 | €57,073 | €57,073 | = |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €9,702 | €39,841 | €40,283 | €36,613 | €36,613 | = |
| Amounts payable17/49 | €15,954 | €16,114 | €46,918 | €32,470 | €49,431 | ▲ 52.2% |
| Amounts payable within one year42/48 | €15,954 | €16,114 | €46,918 | €32,470 | €49,431 | ▲ 52.2% |
| Trade debts44 | €15,931 | €10,976 | €33,470 | €16,260 | €2,524 | ▼ 84.5% |
| Suppliers440/4 | €15,931 | €10,976 | €33,470 | €16,260 | €2,524 | ▼ 84.5% |
| Advances received on contracts in progress46 | - | €5,034 | - | - | - | - |
| Taxes, remuneration and social security45 | €24 | €104 | €13,449 | €16,210 | €21,510 | ▲ 32.7% |
| Taxes450/3 | €24 | €24 | €201 | €201 | €4,482 | ▲ 2,125% |
| Remuneration and social security454/9 | - | €80 | €13,247 | €16,008 | €17,028 | ▲ 6.4% |
| Other amounts payable47/48 | - | - | - | - | €25,397 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €952 | €30,139 | €442 | -€3,671 | €29,879 | ▲ 914% |
| + Depreciation and write-downs630 | €3,152 | €3,900 | €3,900 | - | €4,000 | - |
| Operating cash flow (approximation) | €4,104 | €34,039 | €4,342 | -€3,671 | €33,879 | ▲ 1,023% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,000 | - |
| Change in cash | - | €13,991 | -€8,826 | €8,118 | €4,559 | ▼ 43.8% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €29,879
Net result €29,879 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet -€3,671
Net result drops to -€3,671, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €30,139 ▲3,065%
Operating result €30,345, net result €30,139, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.89
Current ratio from 1.78 to 3.89.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 6.06
Current ratio from 2.22 to 6.06; short-term debt falls from €13,400 to €5,515.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 2016
Ground area
68 m²
Building footprint
68 m²
Volume, LiDAR
583 m³
Parcel 11003B0243/00X009, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Saris
since 20162.258.398.441
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003B0243/00X009 | Flanders | 68 m² | 1 · 68 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
VRL
BE 0824.787.931
Houthalen-Helchteren · Eq €57,069
EVG CONSTRUCT
BE 0783.851.852
Wichelen · Eq €57,061
Simoen Peter
BE 0784.249.156
Kaprijke · Eq €57,102
BOUWONDERNEMING VIAENE KRISTOF
BE 1008.410.416
Laarne · Eq €57,106
ABCE TOITURES
BE 0720.923.004
Liège · Eq €57,033
Of 11,141 companies in sector 43910 we hold annual accounts for 5,492. 4,744 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43230Insulation installation
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0663986972
Registered
15-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.