SARX
ActiveSARX has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209k and a net result of €352k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 16491 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency60▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.65 in 2024; short-term debt: 59% and cash: 47.3% of total assets), but 64.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
35.3%
Return on assets
59.5%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
25 d late
2023
22 d late
2022
25 d late
2021
18 d early
2020
85 d early
2019
43 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€209k▲ 0.2%
2024 · €209k
2018: €108k
2019: €162k
2020: €162k
2021: €109k
2022: €56k
2023: €56k
2024: €209k
2018 → 2025
Total assets
€593k▲ 4.8%
2024 · €566k
2018: €531k
2019: €382k
2020: €421k
2021: €479k
2022: €291k
2023: €446k
2024: €566k
2018 → 2025
Net result
€352k▲ 9.8%
2024 · €321k
2018: €273k
2019: €254k
2020: €242k
2021: €285k
2022: €333k
2023: €356k
2024: €321k
2018 → 2025
Working capital
€201k▼ 0.2%
2024 · €202k
2018: €102k
2019: €155k
2020: €155k
2021: €109k
2022: €56k
2023: €58k
2024: €202k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€56k▼ 48.9%€56k=€209k▲ 274%€209k▲ 0.2%
Operating result€373k-€438k▲ 17.6%€472k▲ 7.6%€448k▼ 5.1%€468k▲ 4.5%
Net result€285k-€333k▲ 16.8%€356k▲ 6.8%€321k▼ 9.8%€352k▲ 9.8%
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 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €593k
Fixed assets
€41k▼ 22.1%
Current assets
€551k▲ 7.5%
Equity and liabilities €593k
Equity
€209k▲ 0.2%
Debt
€384k▲ 7.4%
The debt ratio rises from 63.1% to 64.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€480k▲
2024 · €458k
Cash flow
€365k▲
2024 · €332k
Solvency
35.3%▼
2024 · 36.9%
Current ratio
1.58▼
2024 · 1.65
Quick ratio
1.58▼
2024 · 1.65
Debt / equity
1.84▲
2024 · 1.71
ROE
168.6%▲
2024 · 153.8%
ROA
59.5%▲
2024 · 56.7%
Interest coverage
80.03▲
2024 · 70.21
Debt
€384k▲
2024 · €357k
Debt ≤ 1 year
€350k▲
2024 · €311k
Debt > 1 year
€30k▼
2024 · €43k
Income taxes
€115k▼
2024 · €123k
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€566k€593k▲
Fixed assets21/28€53k€41k▼
Tangible fixed assets22/27€53k€40k▼
Leasing and similar rights25€53k€40k▼
Financial fixed assets28-€1k
Current assets29/58€512k€551k▲
Amounts receivable within one year40/41€2k€0▼
Trade receivables40€2k€0▼
Other amounts receivable41€0-
Current investments50/53-€125k
Cash at bank and in hand54/58€364k€280k▼
Deferred charges and accrued income490/1€147k€146k▼
Equity and liabilities
Total equity and liabilities10/49€566k€593k▲
Equity10/15€209k€209k▲
Contributions10/11€56k€56k=
Reserves13€153k€153k▲
Distributable reserves133€153k€153k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€357k€384k▲
Amounts payable after more than one year17€43k€30k▼
Financial debts170/4€43k€30k▼
Amounts payable within one year42/48€311k€350k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€56k€5k▼
Taxes450/3€56k€5k▼
Other amounts payable47/48€240k€331k▲
Accrued charges and deferred income492/3€4k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲
Other operating charges640/8€786€448▼
Gross operating margin9900€459k€481k▲
Operating profit (loss)9901€448k€468k▲
Financial income75/76B€3k€6k▲
Recurring financial income75€3k€6k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€444k€467k▲
Income taxes67/77€123k€115k▼
Profit (loss) for the period9904€321k€352k▲
Profit (loss) for the period to be appropriated9905€321k€352k▲
Appropriation of the result
Profit (loss) to be appropriated9906€321k€352k▲
Transfer to equity691/2€153k€332▼
To other reserves6921€153k€332▼
Profit to be distributed694/7€168k€352k▲
Return on contributions (dividend)694€168k€352k▲
The notes to these accounts (12 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Equity above €200kEq €209k ▲274%
7 profitable years in a row build equity to €209k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Highest result since 2018net €356k ▲6.8%
Operating result €472k, net result €356k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €242k ▼4.6%
Net result drops to €242k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €162k ▲50.1%
2 profitable years in a row build equity to €162k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
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
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, Roeselare · 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.
Zwaanhof 18800 RoeselareGround area
2,186 m²
Building footprint
268 m²
Volume, LiDAR
1,525 m³
Parcel 36502B0567/00P000, Flanders · tallest building 16.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SARX
since 20112.197.474.226
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B0567/00P000 | Flanders | 2,186 m² | 1 · 268 m² | 16.4 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,185 EUR awarded · 1,185 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,185 EUR | 1,185 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,627 companies in sector 86220 we hold annual accounts for 7,973. 6,657 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2011
Fiscal year end31-12
Activities, NACEBEL
86220Specialist medical practice
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.