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SAS SERVICES

Active
Private limited companyfounded 20233 yrs activeKerkstraat 110, 9473 Denderleeuw, BelgiumKBO/BCE: BE 0800.963.642
Summary

SAS SERVICES has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,994) and a net result of -€3,365. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4 against 0.46 in 2024; short-term debt: 189.1% and cash: 30.7% of total assets), and equity is negative.
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Signals

Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-89.1%
Return on assets
-21.4%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€13,994
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-07-2026, 19 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
19 d early
2024
344 d late
2023
152 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 159 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 31 December (3 of the last 3 filed years within 191 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 April 2023, SAS SERVICES was incorporated as a Private limited company.1 Total assets went from EUR 4,576 in 2023 to EUR 15,701 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€13,994▼ 31.7%
2024 · -€10,629
Total assets
€15,701▼ 12.8%
2024 · €17,999
Net result
-€3,365▲ 19.1%
2024 · -€4,161
Working capital
-€17,937▼ 15.5%
2024 · -€15,527
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€15,403--€3,559▲ 76.9%-€1,500▲ 57.8%
Net result-€16,467below the sector's middle half--€4,161below the sector's middle half▲ 74.7%-€3,365below the sector's middle half▲ 19.1%
Equity-€16,467below the sector's middle half--€10,629below the sector's middle half▲ 35.5%-€13,994below the sector's middle half▼ 31.7%
Total assets€4,576below the sector's middle half-€17,999below the sector's middle half▲ 293%€15,701below the sector's middle half▼ 12.8%
Debt€21,043-€28,627▲ 36.0%€29,695▲ 3.7%
Working capital-€18,380below the sector's middle half--€15,527below the sector's middle half▲ 15.5%-€17,937below the sector's middle half▼ 15.5%
Solvency-59.1%below the sector's middle half-89.1%below the sector's middle half▼ 30.1pp
Current ratio0.46below the sector's middle half0.40below the sector's middle half▼ 0.06
Return on assets (ROA)-23.1%below the sector's middle half-21.4%below the sector's middle half▲ 1.7pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€15,403-€15,403Net result 2023: -€16,467-€16,467Operating result 2024: -€3,559-€3,559Net result 2024: -€4,161-€4,161Operating result 2025: -€1,500-€1,500Net result 2025: -€3,365-€3,365202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€15,403-€15,400Net result 2023: -€16,467-€16,500Operating result 2024: -€3,559-€3,560Net result 2024: -€4,161-€4,160Operating result 2025: -€1,500-€1,500Net result 2025: -€3,365-€3,370202320242025
The operating result stays negative: a loss of €1,500 in 2025 against €3,559 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15,701
Fixed assets €3,944 ▼ 19.5%
Current assets €11,758 ▼ 10.3%
Key figures and ratios
2025 value · change against 2024
Debt to equity
-2.12▲
2024 · -2.69
Debt ≤ 1 year
€29,695▲
2024 · €28,627
Income taxes
€151=
2024 · €151
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€17,999€15,701▼
Fixed assets21/28€4,898€3,944▼
Intangible fixed assets21€2,465€1,643▼
Tangible fixed assets22/27€2,433€2,300▼
Plant, machinery and equipment23€520€260▼
Furniture and vehicles24€1,913€2,040▲
Current assets29/58€13,101€11,758▼
Amounts receivable within one year40/41€11,919€6,945▼
Trade receivables40€10,597€2,154▼
Other amounts receivable41€1,322€4,791▲
Cash at bank and in hand54/58€1,182€4,813▲
Equity and liabilities
Total equity and liabilities10/49€17,999€15,701▼
Equity10/15-€10,629-€13,994▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€20,629-€23,994▼
Amounts payable17/49€28,627€29,695▲
Amounts payable within one year42/48€28,627€29,695▲
Trade debts44€19,912€12,052▼
Suppliers440/4€19,912€12,052▼
Taxes, remuneration and social security45€4,355€2,568▼
Taxes450/3€4,355€2,568▼
Other amounts payable47/48€4,360€15,075▲
Income statement Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2,137
Other operating charges640/8€5,865€3,346▼
Gross operating margin9900€2,306€3,982▲
Operating profit (loss)9901-€3,559-€1,500▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€451€1,714▲
Recurring financial charges65€451€1,714▲
Profit (loss) for the period before taxes9903-€4,010-€3,214▲
Income taxes67/77€151€151=
Profit (loss) for the period9904-€4,161-€3,365▲
Profit (loss) for the period to be appropriated9905-€4,161-€3,365▲
Appropriation of the result
Profit (loss) to be appropriated9906-€20,629-€23,994▼
Profit (loss) brought forward from the previous period14P-€16,467-€20,629▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69---
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€2,137-
Other operating charges640/8€1,113€5,865€3,346▼ 42.9%
Gross operating margin9900-€14,221€2,306€3,982▲ 72.7%
Operating profit (loss)9901-€15,403-€3,559-€1,500▲ 57.8%
Financial income75/76B-€0--
Recurring financial income75-€0--
Financial charges65/66B€1,064€451€1,714▲ 280%
Recurring financial charges65€1,064€451€1,714▲ 280%
Profit (loss) for the period before taxes9903-€16,467-€4,010-€3,214▲ 19.8%
Income taxes67/77-€151€151=
Profit (loss) for the period9904-€16,467-€4,161-€3,365▲ 19.1%
Profit (loss) for the period to be appropriated9905-€16,467-€4,161-€3,365▲ 19.1%
Line202320242025Change
Assets
Total assets20/58€4,576€17,999€15,701▼ 12.8%
Fixed assets21/28€1,913€4,898€3,944▼ 19.5%
Intangible fixed assets21-€2,465€1,643▼ 33.3%
Tangible fixed assets22/27€1,913€2,433€2,300▼ 5.5%
Plant, machinery and equipment23-€520€260▼ 50.0%
Furniture and vehicles24€1,913€1,913€2,040▲ 6.7%
Current assets29/58€2,663€13,101€11,758▼ 10.3%
Amounts receivable within one year40/41€369€11,919€6,945▼ 41.7%
Trade receivables40-€10,597€2,154▼ 79.7%
Other amounts receivable41€369€1,322€4,791▲ 262%
Cash at bank and in hand54/58€2,294€1,182€4,813▲ 307%
Equity and liabilities
Total equity and liabilities10/49€4,576€17,999€15,701▼ 12.8%
Equity10/15-€16,467-€10,629-€13,994▼ 31.7%
Contributions10/11-€10,000€10,000=
Profit (loss) carried forward14-€16,467-€20,629-€23,994▼ 16.3%
Amounts payable17/49€21,043€28,627€29,695▲ 3.7%
Amounts payable within one year42/48€21,043€28,627€29,695▲ 3.7%
Trade debts44€8,093€19,912€12,052▼ 39.5%
Suppliers440/4€8,093€19,912€12,052▼ 39.5%
Taxes, remuneration and social security45-€4,355€2,568▼ 41.0%
Taxes450/3-€4,355€2,568▼ 41.0%
Other amounts payable47/48€12,950€4,360€15,075▲ 246%
Line202320242025Change
Profit (loss) for the period9904-€16,467-€4,161-€3,365▲ 19.1%
+ Depreciation and write-downs630€69---
Operating cash flow (approximation)-€16,398-€4,161-€3,365▲ 19.1%
Investment in fixed assets (approximation)--€2,985€954▲ 132%
Change in cash--€1,112€3,631▲ 426%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
10-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 344 days late
2024
30-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Denderleeuw · 2 establishment units since 2023
seat establishment All 2 establishment units on the map
Ground area
1,084 m²
Building footprint
293 m²
Volume, LiDAR
1,907 m³
2 parcels, Flanders, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
SAS SERVICES
Kerkstraat 110, 9473 DenderleeuwComputer programming, consultancy and related activities
since 20232.344.295.208
SAS SERVICES
Rue de la Vallée 5, 6044 CharleroiComputer consultancy and computer facilities management
since 20252.370.765.815
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
41076B0739/00Z004 Flanders 815 m² 1 · 258 m² 11.1 m · 2 fl.
52061B0624/00N002 Wallonia 269 m² 1 · 36 m² 9.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
73120Media representation
82990Other business support services
Contact
E-mail sheikhazeemsh@outlook.comDenderleeuw
Phone 0488763063Denderleeuw
Phone 0489708030Charleroi
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800963642
Also 9925:BE0800963642
Registered 13-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.