SAROMIN
ActiveSummary
SAROMIN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154k and a net result of €-22k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+57
Solvency51▼-1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.61 in 2024; short-term debt: 26.8% and cash: 4.6% of total assets), and 73.8% 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 56
Relative position
BE, all sectors
reference
Sector 56
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 €-22k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
14 d late
2023
31 d late
2022
18 d late
2021
16 d early
2020
26 d early
2019
25 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, micro schema
Turnover
€378k
EBIT margin
-14.9%
Net result
€-22k▲ 62.8%
2024 · €-60k
2018: €-24k
2019: €-37k
2020: €-62k
2021: €-29k
2022: €-133k
2023: €-177k
2024: €-60k
2018 → 2025
Working capital
€-63k▲ 19.3%
2024 · €-78k
2018: €24k
2019: €4k
2020: €65k
2021: €42k
2022: €43k
2023: €-12k
2024: €-78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€378k
Equity€273k-€59k▼ 78.5%€236k▲ 304%€176k▼ 25.4%€154k▼ 12.7%
Operating result€-26k-€-129k▼ 406%€-175k▼ 35.4%€-56k▲ 67.9%€-20k▲ 64.4%
Net result€-29k-€-133k▼ 350%€-177k▼ 33.5%€-60k▲ 66.0%€-22k▲ 62.8%
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 €20k in 2025 against €56k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €587k
Fixed assets
€493k ▼ 8.9%
Current assets
€94k ▼ 22.1%
Equity and liabilities €587k
Equity
€154k ▼ 12.7%
Debt
€433k ▼ 10.9%
Debt's share of the balance-sheet total rises from 73.4% to 73.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▲
2024 · €-13k
Cash flow
€21k▲
2024 · €-17k
Current ratio
0.60▼
2024 · 0.61
Debt to equity
2.82▲
2024 · 2.76
ROE
-14.5%▲
2024 · -34.1%
ROA
-3.8%▲
2024 · -9.1%
Interest coverage
9.91▲
2024 · -3.59
Debt ≤ 1 year
€157k▼
2024 · €199k
Debt > 1 year
€276k▼
2024 · €283k
Income taxes
€90▼
2024 · €429
Staff costs
€52k▼
2024 · €78k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€662k€587k▼
Fixed assets21/28€541k€493k▼
Tangible fixed assets22/27€531k€493k▼
Land and buildings22€517k€483k▼
Plant, machinery and equipment23€781€763▼
Furniture and vehicles24€14k€9k▼
Financial fixed assets28€10k€0▼
Current assets29/58€121k€94k▼
Stocks and contracts in progress3€6k-
Stocks30/36€6k-
Amounts receivable within one year40/41€64k€46k▼
Trade receivables40€58k€45k▼
Other amounts receivable41€6k€205▼
Cash at bank and in hand54/58€49k€27k▼
Deferred charges and accrued income490/1€2k€22k▲
Equity and liabilities
Total equity and liabilities10/49€662k€587k▼
Equity10/15€176k€154k▼
Contributions10/11€580k€580k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€-409k€-432k▼
Amounts payable17/49€486k€433k▼
Amounts payable after more than one year17€283k€276k▼
Financial debts170/4€33k€26k▼
Other amounts payable178/9€250k€250k=
Amounts payable within one year42/48€199k€157k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43€8k€8k=
Credit institutions430/8€8k€8k=
Trade debts44€66k€32k▼
Suppliers440/4€66k€32k▼
Taxes, remuneration and social security45€33k€22k▼
Taxes450/3€20k€12k▼
Remuneration and social security454/9€13k€10k▼
Other amounts payable47/48€85k€88k▲
Accrued charges and deferred income492/3€3k€322▼
Income statement
Code20242025
Turnover70€378k-
Goods, raw materials, services and sundry goods60/61€308k-
Remuneration, social security and pensions62€78k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€43k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€195
Other operating charges640/8€6k€5k▼
Gross operating margin9900€70k€81k▲
Operating profit (loss)9901€-56k€-20k▲
Financial income75/76B€5€23▲
Recurring financial income75€5€23▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-60k€-22k▲
Income taxes67/77€429€90▼
Profit (loss) for the period9904€-60k€-22k▲
Profit (loss) for the period to be appropriated9905€-60k€-22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-409k€-432k▼
Profit (loss) brought forward from the previous period14P€-349k€-409k▼
The notes to these accounts (11 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-177k
Net result drops to €-177k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €236k ▲304%
Equity rises from €59k to €236k.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 1994
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.
Zagersweg 138000 BruggeGround area
10.9 ha
Building footprint
9,241 m²
Volume, LiDAR
95,203 m³
2 parcels, Flanders · tallest building 21.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EXTRA TIME
since 19942.067.459.978
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31002A0004/00P000 | Flanders | 10.9 ha | 1 · 9,103 m² | 21.3 m · 4 fl. |
| 31014A0238/00Y002 | Flanders | 292 m² | 1 · 138 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
F.C. WIJNVELD-SINAAIGIRLS
BE 0435.752.902
Sint-Niklaas · Eq €153,405
TRAITEUR ELIAS
BE 0463.524.792
Kapellen · Eq €152,800
't WITTE GOUD
BE 0817.914.391
Mechelen · Eq €155,114
DRAAIBOOM CATERING
BE 0892.601.126
Lier · Eq €155,938
BELLAVISTA
BE 0830.556.659
Temse · Eq €156,153
Of 1,352 companies in sector 56220 we hold annual accounts for 405. 290 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 (pre-2019)
Founded24-05-1994
Fiscal year end31-12
Activities, NACEBEL 2025
56220Contract catering and other food service activities
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.