Checked.be
Active
BE 0442.126.988Private limited company
SARVA
Rue de Plainevaux 39 ·4100 Seraing, Belgium· 35 yrs active
Sector: Cafés and bars
(56301)
Conclusion
SARVA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €12k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 88% of 12646 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €126k |
| Net result | €12k |
| Better than sector | 88% |
| Active | 35 yrs |
Financial profile
79
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
48
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1990, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€12k
estimate, not credit advice
Score history
75
2021
93
2022
86
2023
52
2024
94
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.00 (≥ 1.5)
+10
Quick ratio
Quick ratio 3.95 (≥ 1.0)
+5
Leverage
Debt/equity 0.30 (< 1.0)
+10
Profitability
ROE 10%
+3
Interest coverage
Interest coverage 19.0× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 12-11-2025 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 5 fiscal years (±2.5%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 76.8% | 30.5% | |
| Net result | €12k | €5k | |
| Equity | €126k | €30k | |
| Gross operating margin | €51k | €62k | |
| Staff costs | €25k | €56k |
€20k
-
21-25
€12k
-
21-25
€16k
-
21-25
€164k
-1.8%
21-25
€126k
+10.6%
21-25
€114k
+8.1%
21-25
0
-
21-25
€25k
-6.5%
21-25
€3k
+67.8%
21-25
€38k
-28.4%
21-25
€38k
-21.6%
21-25
€5k
-
21-25
4.00
+25.9%
21-25
3.95
+27.2%
21-25
76.8%
+12.7%
21-25
0.30
-35.3%
21-25
9.6%
-
21-25
7.4%
-
21-25
19.01
-
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €20k | €-6k | €6k | €18k | €-8k |
| Net profit | €12k | €-10k | €3k | €16k | €20k |
| Cash flow | €16k | €-8k | €5k | €17k | €20k |
| Staff costs | €25k | €27k | €6k | €9k | - |
| Income taxes | €3k | €2k | €516 | €257 | €120 |
| Dividends | - | - | - | - | - |
| Total assets | €164k | €167k | €155k | €161k | €131k |
| Equity | €126k | €114k | €125k | €121k | €105k |
| Debt | €38k | €53k | €27k | €37k | €22k |
| of which ≤ 1y | €38k | €48k | €27k | €37k | €22k |
| of which > 1y | - | €5k | - | - | - |
| Working capital | €114k | €105k | €123k | €120k | €105k |
| Employees (FTE) | - | - | - | - | 0.3 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 4.00 | 3.18 | 5.61 | 4.26 | 5.71 |
| Quick ratio | 3.95 | 3.10 | 5.46 | 4.15 | 5.58 |
| Working capital ratio | 69.3% | 62.9% | 79.3% | 74.4% | 80.4% |
| Solvency | 76.8% | 68.1% | 80.4% | 75.2% | 80.6% |
| Debt / equity | 0.30 | 0.47 | 0.22 | 0.30 | - |
| Long-term debt ratio | - | 0.04 | - | - | - |
| Interest coverage | 19.01 | -6.55 | 6.99 | 47.29 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 7.4% | -6.2% | 2.0% | 10.0% | 15.0% |
| ROE | 9.6% | -9.2% | 2.5% | 13.3% | 18.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €164k | €167k | €155k | €161k | €131k |
| Fixed assets | 21/28 | €13k | €14k | €5k | €5k | €3k |
| Tangible fixed assets | 22/27 | €12k | €13k | €5k | €4k | €3k |
| Financial fixed assets | 28 | €760 | €760 | €760 | €760 | €760 |
| Current assets | 29/58 | €152k | €154k | €150k | €157k | €127k |
| Stocks & contracts in progress | 3 | €2k | €4k | €4k | €4k | €3k |
| Amounts receivable within one year | 40/41 | €96k | €101k | €87k | €81k | €72k |
| Cash & bank | 54/58 | €48k | €44k | €53k | €66k | €46k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €164k | €167k | €155k | €161k | €131k |
| Equity | 10/15 | €126k | €114k | €125k | €121k | €105k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €67k | €67k | €67k | €67k | €67k |
| Accumulated profits (losses) | 14 | €41k | €28k | €39k | €36k | €20k |
| Provisions & deferred taxes | 16 | - | - | €3k | €3k | €3k |
| Amounts payable | 17/49 | €38k | €53k | €27k | €37k | €22k |
| Amounts payable after one year | 17 | - | €5k | - | - | - |
| Amounts payable within one year | 42/48 | €38k | €48k | €27k | €37k | €22k |
| Trade debts payable within one year | 44 | €7k | €18k | €5k | €5k | €4k |
| Income statement | ||||||
| Gross operating margin | 9900 | €51k | €23k | €17k | €35k | €-2k |
| Operating result | 9901 | €16k | €-8k | €4k | €17k | €-8k |
| Financial income | 75 | €148 | €45 | €258 | - | €0 |
| Financial charges | 65 | €1k | €841 | €845 | €373 | €428 |
| Result before taxes | 9903 | €15k | €-9k | €4k | €16k | €-8k |
| Income taxes | 67/77 | €3k | €2k | €516 | €257 | €120 |
| Net result for the period | 9904 | €12k | €-10k | €3k | €16k | €-8k |
| Result to be appropriated | 9905 | €12k | €-10k | €3k | €16k | €-8k |
Legal Structure
| NACE primary | Cafés and bars(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 05-11-1990 |
| Status | Active |
| Postal code | 4100 |
Establishment units
Le Plainevaux
since 19902.050.793.004
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62354C0124/00K176 | Wallonia | 253 m² | 1 · 61 m² | 10.9 m · 3 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2025
12-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
31-03
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-10k ▼437%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2017
22-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2016
21-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
55401Cafés and bars56301
Names & trade names
| Legal nameFR | SARVA |
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