SAS
ActiveThe computed 12-month bankruptcy probability of SAS is 4.6% (elevated). The 2024 annual accounts show equity of €88k and a net result of €28k. Its solvency ranks better than 52% of 18938 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency41
Growth-
Stability79
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.64), and 68.6% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
31.4%
Return on assets
9.9%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€88k
Total assets
€280k
Net result
€28k
Working capital
€-70k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €280k
Fixed assets
€158k
Current assets
€123k
Equity and liabilities €280k
Equity
€88k
Debt
€192k
Debt finances 68.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€105k
Cash flow
€84k
Solvency
31.4%
Current ratio
0.64
Quick ratio
0.62
Debt / equity
2.19
ROE
31.7%
ROA
9.9%
Interest coverage
8.37
Debt
€192k
Debt ≤ 1 year
€192k
Income taxes
€8k
Staff costs
€810k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€280k
Fixed assets21/28€158k
Tangible fixed assets22/27€158k
Land and buildings22€4k
Plant, machinery and equipment23€151k
Furniture and vehicles24€3k
Current assets29/58€123k
Stocks and contracts in progress3€4k
Stocks30/36€4k
Amounts receivable within one year40/41€18k
Trade receivables40€2k
Other amounts receivable41€16k
Cash at bank and in hand54/58€101k
Equity and liabilities
Total equity and liabilities10/49€280k
Equity10/15€88k
Contributions10/11€60k
Profit (loss) carried forward14€28k
Amounts payable17/49€192k
Amounts payable within one year42/48€192k
Current portion of amounts payable after more than one year42€11k
Trade debts44€94k
Suppliers440/4€94k
Taxes, remuneration and social security45€66k
Taxes450/3€53k
Remuneration and social security454/9€13k
Other amounts payable47/48€22k
Income statement
Code2024
Remuneration, social security and pensions62€810k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k
Other operating charges640/8€695
Gross operating margin9900€916k
Operating profit (loss)9901€49k
Financial charges65/66B€13k
Recurring financial charges65€13k
Profit (loss) for the period before taxes9903€36k
Income taxes67/77€8k
Profit (loss) for the period9904€28k
Profit (loss) for the period to be appropriated9905€28k
Appropriation of the result
Profit (loss) to be appropriated9906€28k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2023
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.
Monseigneur Ladeuzeplein 83000 LeuvenGround area
163 m²
Building footprint
163 m²
Volume, LiDAR
2,254 m³
Parcel 24502B0659/00V000, Flanders · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SAS
since 20232.342.408.161
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0659/00V000 | Flanders | 163 m² | 1 · 163 m² | 16.9 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.342.408.161
Similar companies · same sector, comparable size
DEPOT
BE 0480.135.350
Turnhout · Eq €88k
A2Z - CONSULTING
BE 0461.943.197
Ittre · Eq €88k
VAN LOOY
BE 0453.517.164
Herentals · Eq €88k
OLYMBIA
BE 0865.023.333
Florenville · Eq €88k
United Traders Group
BE 0670.570.995
Duffel · Eq €88k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,591 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2023
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress 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.