SARPA
ActiveSARPA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 6967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
89
/ 100
Excellent▲ +33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency74▲+69
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 0.68 in 2024), and 56.1% 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○neutral
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
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
43.9%
Return on assets
42.3%
Age of the figures
8 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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
55 d early
2023
43 d early
2022
40 d early
2021
11 d early
2020
50 d early
2019
19 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 2,577%
2024 · €726
2018: €-21k
2019: €-24k
2020: €-26k
2021: €-9k
2022: €541
2023: €-5k
2024: €726
2018 → 2025
Total assets
€44k▲ 4.0%
2024 · €43k
2018: €3k
2019: €3k
2020: €5k
2021: €57k
2022: €50k
2023: €32k
2024: €43k
2018 → 2025
Net result
€19k▲ 215%
2024 · €6k
2018: €2k
2019: €-4k
2020: €-2k
2021: €17k
2022: €10k
2023: €-6k
2024: €6k
2018 → 2025
Working capital
€8k
2024 · €-13k
2018: €-21k
2019: €-24k
2020: €-27k
2021: €-19k
2022: €-12k
2023: €-19k
2024: €-13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-9k-€541€-5k€726€19k▲ 2,577%
Operating result€18k-€10k▼ 41.7%€-5k€6k€20k▲ 209%
Net result€17k-€10k▼ 45.3%€-6k€6k€19k▲ 215%
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 209% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44k
Fixed assets
€11k▼ 19.5%
Current assets
€33k▲ 15.6%
Equity and liabilities €44k
Equity
€19k▲ 2,577%
Debt
€25k▼ 40.7%
The debt ratio falls from 98.3% to 56.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€28k▲
2024 · €14k
Cash flow
€27k▲
2024 · €13k
Solvency
43.9%▲
2024 · 1.7%
Current ratio
1.34▲
2024 · 0.68
Quick ratio
1.34▲
2024 · 0.68
Debt / equity
1.28
ROE
96.3%
ROA
42.3%▲
2024 · 14.0%
Interest coverage
195.48▲
2024 · 38.58
Debt
€25k▼
2024 · €42k
Debt ≤ 1 year
€25k▼
2024 · €42k
Income taxes
€1k▲
2024 · €140
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€43k€44k▲
Fixed assets21/28€14k€11k▼
Tangible fixed assets22/27€14k€11k▼
Plant, machinery and equipment23€620€273▼
Furniture and vehicles24€593€5k▲
Leasing and similar rights25€13k€6k▼
Current assets29/58€28k€33k▲
Amounts receivable within one year40/41€5k€5k▼
Trade receivables40€5k€5k▼
Cash at bank and in hand54/58€20k€25k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€43k€44k▲
Equity10/15€726€19k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-19k€-554▲
Amounts payable17/49€42k€25k▼
Amounts payable within one year42/48€42k€25k▼
Current portion of amounts payable after more than one year42€8k-
Trade debts44€1k€959▼
Suppliers440/4€1k€959▼
Taxes, remuneration and social security45€14k€3k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€10k€481▼
Other amounts payable47/48€19k€20k▲
Accrued charges and deferred income492/3-€262
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€15k€29k▲
Operating profit (loss)9901€6k€20k▲
Financial income75/76B€3€4▲
Recurring financial income75€3€4▲
Financial charges65/66B€359€142▼
Recurring financial charges65€359€142▼
Profit (loss) for the period before taxes9903€6k€20k▲
Income taxes67/77€140€1k▲
Profit (loss) for the period9904€6k€19k▲
Profit (loss) for the period to be appropriated9905€6k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-554▲
Profit (loss) brought forward from the previous period14P€-25k€-19k▲
The notes to these accounts (6 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €19k ▲215%
Operating result €20k, net result €19k, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-6k ▼160%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
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, Nazareth-De Pinte · 1 establishment unit since 2011
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.
Gaversepontweg 339810 Nazareth-De PinteGround area
1,083 m²
Building footprint
167 m²
Volume, LiDAR
655 m³
Parcel 44048G0326/00C000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SARPA
since 20112.195.892.631
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048G0326/00C000 | Flanders | 1,083 m² | 1 · 167 m² | 6.4 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
ASSUCOPIE
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S.N.C. M PRODUCTION
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M&J CONCEPT
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PUBLIEST BELGIQUE
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Of 806 companies in sector 73120 we hold annual accounts for 278. 160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2011
Fiscal year end31-12
Activities, NACEBEL
73120Media representation
70210Activities of head offices; management consultancy activities
73110Advertising agencies
73200Market research and public opinion polling
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.