SARTELET DAVID

Active

Private limited companyfounded 2025active for 1 yearAbelestraat 70, 8870 Izegem, BelgiumKBO/BCE: BE 1023.387.414

Summary

SARTELET DAVID has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179,205 and a net result of €268,213. Its solvency ranks better than 42% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

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SARTELET DAVIDActiveChecked score 64/100

Risk analysis Report Compare

Activity

Roofing work

NACE 43410

1 site

Size

€475,316total assets 2025

Staff: 1.8 FTE
Equity: €179,205
Profit: €268,213

Turnover not published (abbreviated format)

Financial health

64 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.4%

Structure

E.M.R. BUILDINGDirector · permanent representative David SARTELET

Auditor: Moore AuditAccounts 9 days early

Why 64raises riskFounded in 2025Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.51, cash €19,892lowers riskFigures for financial year 2025 (filed 22-07-2026)Show the evidence

Checked score

Score 2025

64 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 48% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 63

equity 37.7% of total assets

Liquidity 23

short-term debt 62.3% · cash 4.2%

Profitability 100

return on assets 56.4%

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)

Last 24 months 06-2026: 1.9% 07-2026: 1.9%● unchanged vs 06-2026highest value 08-2026: 1.2%▼ -0.7 percentage points vs 07-2026lowest value 09-2026: 1.3%▲ +0.1 percentage points vs 08-2026 10-2026: 1.4%▲ +0.1 percentage points vs 09-2026

Credit of up to €11,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity ample (current ratio 1.51, above the usual 1.5; short-term debt: 62.3% and cash: 4.2% of total assets), but 62.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 40% on solvency, 13% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Figures for financial year 2025 (filed 22-07-2026)

NBB · annual accounts

Liquidity: current ratio 1.51, cash €19,892

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

9 days early

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2025.

KBO publications · our coverage

22-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
26-05-2025 IncorporationAppointments: Moore Audit (bedrijfsrevisor inbreng…

Key points

Positive: Among the best 10% on net resultsector median €27,020 · 9,791 companies €268,213 View
Founded 17 months agofounded 16-05-2025 17 months View
Restructuring with E.M.R. BUILDINGrestructuring on 26-05-2025 2025 View

By topic

Financials

Financial year: 2025
Total assets: €475,316
Profit: €268,213
Solvency: 37.7%

Go to Financials

Board & ownership

Board: 1 member
Auditor: Moore Audit

E.M.R. BUILDINGDirector

Go to Board & ownership

Network & group

Mergers and asset contributions: 1

Go to Network & group

Timeline

Events: 2
Since: 2025

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Roofing workNACE 43410
Founded: 16-05-2025
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 24

See the provisions in the deeds

Go to Articles of association

Key facts about SARTELET DAVID

What is the company number of SARTELET DAVID?: 1023.387.414. In Belgium the VAT number is the company number with BE in front: BE 1023.387.414.
Where is SARTELET DAVID based?: The registered office is at Abelestraat 70, 8870 Izegem.Company details
What does SARTELET DAVID do?: According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of SARTELET DAVID?: Private limited company (BV).
When was SARTELET DAVID founded?: On 16-05-2025.
Is SARTELET DAVID still active?: Yes, SARTELET DAVID is an active enterprise in the KBO register.
How many employees does SARTELET DAVID have?: On average 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SARTELET DAVID?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SARTELET DAVID profitable?: In financial year 2025, SARTELET DAVID made a profit of €268,213.
Where can I find the annual accounts of SARTELET DAVID?: SARTELET DAVID filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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Overview