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SASATIME

Active
Private limited company (pre-2019)founded 2016active for 9 yearsOverstraat 34, 3290 Diest, BelgiumKBO/BCE: BE 0666.892.519
Summary

The computed 12-month bankruptcy probability of SASATIME is 3.5% (moderate). The 2024 annual accounts show negative equity (-€20,275) and a net result of -€1,340. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 5% of 18,958 sector peers (NACE 56, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€5,380total assets 2024
Equity
-€20,275
Loss
-€1,340
Turnover not published (micro format)
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.5%
Structure
Accounts 71 days overdue0 of 4 deeds read
Why 48raises riskFigures for financial year 2024 (filed 30-07-2025)Sector: Food and beverage service activities (NACE 56)Loss of €1,340 (financial year 2024)lowers riskSize: total assets €5,380Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -376.9% of total assets
Liquidity 37-13
short-term debt 476.9% · cash 29.6%
Profitability 0-100
return on assets -24.9%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,706 companies, NACE 56, micro)
Last 24 months 11-2024: 2.3% 12-2024: 2.3%● unchanged vs 11-2024 01-2025: 2.0%▼ -0.3 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.1%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%▲ +0.4 percentage points vs 04-2025 06-2025: 2.4%▼ -0.1 percentage points vs 05-2025 07-2025: 2.5%▲ +0.1 percentage points vs 06-2025 08-2025: 3.2%▲ +0.7 percentage points vs 07-2025 09-2025: 3.2%● unchanged vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 1.8%▼ -1.4 percentage points vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.8%▼ -0.1 percentage points vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026lowest value 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▲ +0.6 percentage points vs 07-2026 09-2026: 2.6%▲ +0.1 percentage points vs 08-2026 10-2026: 3.5%▲ +0.9 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.21, compared with 0.27 in 2023; short-term debt: 476.9% and cash: 29.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 9% on solvency, 32% on liquidity, 8% on profitability and 33% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 30-07-2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Size: total assets €5,380
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €1,340 (financial year 2024)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€20,275
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 25-07-2025, 6 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
6 days early
2023
33 days early
2022
11 days early
2021
on the day
2020
61 days late
2019
118 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€20,275 View
  • Caution: Among the weakest 5% on solvencysector median 29.1% · 18,958 companies -376.9% View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View

By topic

Financials

Financial year
2024
Total assets
€5,380
Loss
-€1,340
Solvency
-376.9%
Total assets▼ 22.7%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2018
  1. 31-12-2022Highest result from 2018 to 2024
  2. 31-07-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
02-12-2016
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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