Sartess
ActiveSartess has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €8k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+8
Solvency74▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 1.96 against 1.92 in 2023; short-term debt: 43.6% and cash: 38% of total assets), but 51.1% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
48.9%
Return on assets
6.6%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
92 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
224 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€59k▲ 15.7%
2023 · €51k
2019: €11k
2020: €24k
2021: €32k
2022: €39k
2023: €51k
2019 → 2024
Total assets
€121k▲ 2.2%
2023 · €119k
2019: €85k
2020: €110k
2021: €87k
2022: €89k
2023: €119k
2019 → 2024
Net result
€8k▲ 6,540%
2023 · €121
2019: €5k
2020: €13k
2021: €8k
2022: €7k
2023: €121
2019 → 2024
Working capital
€51k▲ 18.8%
2023 · €43k
2019: €8k
2020: €18k
2021: €29k
2022: €31k
2023: €43k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€24k-€32k▲ 33.0%€39k▲ 20.2%€51k▲ 32.3%€59k▲ 15.7%
Operating result€17k-€13k▼ 26.2%€14k▲ 13.8%€4k▼ 74.9%€15k▲ 301%
Net result€13k-€8k▼ 40.4%€7k▼ 18.5%€121▼ 98.1%€8k▲ 6,540%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 301% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €121k
Fixed assets
€18k▼ 39.9%
Current assets
€103k▲ 16.0%
Equity and liabilities €121k
Equity
€59k▲ 15.7%
Debt
€62k▼ 8.1%
The debt ratio falls from 56.8% to 51.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2023 · €14k
Cash flow
€20k▲
2023 · €11k
Solvency
48.9%▲
2023 · 43.2%
Current ratio
1.96▲
2023 · 1.92
Quick ratio
1.96▲
2023 · 1.92
Debt / equity
1.04▼
2023 · 1.31
ROE
13.5%▲
2023 · 0.2%
ROA
6.6%▲
2023 · 0.1%
Interest coverage
19.60▲
2023 · 6.08
Debt
€62k▼
2023 · €67k
Debt ≤ 1 year
€53k▲
2023 · €46k
Debt > 1 year
€9k▼
2023 · €21k
Income taxes
€5k▲
2023 · €2k
Staff costs
€4k▲
2023 · €3k
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€119k€121k▲
Fixed assets21/28€29k€18k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€29k€18k▼
Land and buildings22€14k€11k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€7k€5k▼
Leasing and similar rights25€8k€2k▼
Current assets29/58€89k€103k▲
Amounts receivable within one year40/41€53k€57k▲
Trade receivables40€53k€52k▼
Other amounts receivable41€2€5k▲
Cash at bank and in hand54/58€36k€46k▲
Equity and liabilities
Total equity and liabilities10/49€119k€121k▲
Equity10/15€51k€59k▲
Contributions10/11€19k€19k=
Reserves13€33k€41k▲
Non-distributable reserves130/1€230€230=
Reserves not available under the articles1311€230€230=
Distributable reserves133€32k€40k▲
Amounts payable17/49€67k€62k▼
Amounts payable after more than one year17€21k€9k▼
Financial debts170/4€21k€9k▼
Amounts payable within one year42/48€46k€53k▲
Current portion of amounts payable after more than one year42€12k€10k▼
Trade debts44€27k€35k▲
Suppliers440/4€27k€35k▲
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9-€188
Other amounts payable47/48€2k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€3k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€2k€447▼
Gross operating margin9900€19k€30k▲
Operating profit (loss)9901€4k€15k▲
Financial income75/76B€539€202▼
Recurring financial income75€539€202▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€2k€13k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€121€8k▲
Profit (loss) for the period to be appropriated9905€121€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€121€8k▲
Transfer to equity691/2€121€8k▲
To other reserves6921€121€8k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Weakest financial yearnet €121 ▼98.1%
Net result drops to €121, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
12-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 224 days late
2020
31-12
Financial
Highest result since 2019net €13k ▲191%
Operating result €17k, net result €13k, both a record.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lanaken · 1 establishment unit since 2018
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.
Paalsteenlaan 493620 LanakenGround area
1,086 m²
Building footprint
129 m²
Volume, LiDAR
852 m³
Parcel 73057A0305/00N006, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sartess
since 20182.279.025.886
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73057A0305/00N006 | Flanders | 1,086 m² | 1 · 129 m² | 10.0 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
Verbesselt Consult & Trade
BE 0669.771.934
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RONSERCO
BE 0821.554.762
Lebbeke · Eq €59k
Group DG
BE 0691.557.837
Schoten · Eq €59k
EXTASIE
BE 0444.401.639
Brussel · Eq €59k
Prospectum
BE 0689.589.826
Deinze · Eq €59k
Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 7,034 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2018
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.