Equity
-€1,702
Debts exceed assets in financial year 2025.
SASCHA
Overview
Lifetime
2 annual accounts with figures on one time axispeak €1,776 (2025)
€1,776▲ €9,053
lowest -€12,292 (2024)
€590▲ €12,883
peak -€1,702 (2025)
-€1,702▲ €590
€37,748▲ 1.3%
Board1 name since 2024
1 directorOLAYE Bonin
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from -€7,276 to €1,776Back to profit: €590Equity from -€2,292 to -€1,702Cash from €20 to €1,165
Key points
from the 2025 annual accountsDebts
€37,748 105% of the balance sheet
Position in the sector
-4.7%
Lower solvency than 84% of companies in real estate. Sector median 28.9% · 17,199 companies.
Checked score
55
Fair
Financially stronger than 41% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 1.2%
08-2025: 1.2%● unchanged vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.3%▲ +0.1 percentage points vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.4%▲ +0.1 percentage points vs 11-2025
01-2026: 1.5%▲ +0.1 percentage points vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.6%▲ +0.1 percentage points vs 05-2026highest value
07-2026: 1.0%▼ -0.6 percentage points vs 06-2026lowest value
08-2026: 1.0%● unchanged vs 07-2026lowest value
09-2026: 1.0%● unchanged vs 08-2026lowest value
10-2026: 1.0%● unchanged vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Founded in 2024
Negative equity -€1,702
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €36,046
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 16% of them on solvency, 7% on liquidity, 61% on profitability and 78% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 516 companies had the same profile as SASCHA has now. Each dot stands for 2 companies, two years later.
91.9%
were still trading
2.5%
stopped another way
4.5%
went bankrupt
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SASCHA itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 516 companies, not a prediction for SASCHA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.05 (0.0 in 2024), below 1. Short-term debt is 104.7% and cash 3.2% of total assets. Equity is negative.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 17199 sector peers (2025).
NBB · sector comparisonPosition among 17199 sector peers
Solvency
better than 16%
← weakest
strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
32 days early
2024
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 33 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010321613
Incorporation
Founding capital of €10,000, 10,000 shares · Founder: OLAYE Bonin · Appointment: OLAYE Bonin (director) · published on 17-06-2024 · Gazette deed
First establishment
SASCHA SRL, Hof ten Berggaarde 15, Woluwe-Saint-Lambert
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SASCHA Woluwe-Saint-Lambert | €36,046 | €1,776 | -4.7% | - |
| OJA Management Woluwe-Saint-Lambert | €27,541 | -€16,280 | -53.2% | - |
| 2Z PROJECT Forest | €35,301 | -€1,255 | 0.6% | - |
| STAY BNB Brussels | €24,895 | -€5,941 | 88.5% | - |
| LDR Immobilier Genappe | €52,761 | €2,507 | 11.5% | - |
| De Zogse Hoeve Hamme (Vl.) | €32,774 | €3,164 | 3.4% | - |
| Hidyl Pont-à-Celles | €36,133 | -€20,435 | -110.2% | - |
These companies have the same main activity as SASCHA: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €24,900 and €52,800, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 13-06-2024Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 3 others
- Establishment unit
- 2.360.472.8281200 Woluwe-Saint-Lambert, since 13-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-02-2026
Annual accounts 2025
- €1,776
- ≈ €4,800estimated
- €590
- -€1,702▲ 25.8%
- €36,046▲ 3.1%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on SASCHA
SASCHA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,702) and a net result of €590.
Its solvency ranks better than 16% of 17,199 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€1,776
▲ €9,053
€740
▲ €12,970
€590
▲ €12,883
-€35,736
▲ €1,492
-4.7%
▲ 1.8 percentage points
0.05
▲ 0.05
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €4,800. Estimated: probably between €3,200 and €7,600.
Balance sheet
balance sheet total €36,046 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-4.7%
Higher than 16% of 17,199 companies in 2025.
0.05
Higher than 7% of 16,496 companies in 2025.
1.6%
Higher than 50% of 16,875 companies in 2025.
SASCHA
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
36,046 | 34,956 | |
21/28 |
34,034 | 34,936 | |
22/27 |
34,034 | 34,936 | |
22 |
34,034 | 34,936 | |
29/58 |
2,012 | 20 | |
54/58 |
1,165 | 20 | |
490/1 |
847 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
36,046 | 34,956 | |
10/15 |
-1,702 | -2,292 | |
10/11 |
10,000 | 10,000 | |
14 |
-11,702 | -12,292 | |
17/49 |
37,748 | 37,249 | |
42/48 |
37,748 | 37,249 | |
44 |
400 | - | |
440/4 |
400 | - | |
47/48 |
37,349 | 37,249 | |
| Income statement | |||
9900 |
1,776 | -7,276 | |
630 |
902 | 64 | |
640/8 |
134 | 9 | |
66A |
- | 4,880 | |
9901 |
740 | -12,230 | |
65/66B |
150 | 63 | |
65 |
150 | 63 | |
9903 |
590 | -12,292 | |
9904 |
590 | -12,292 | |
9905 |
590 | -12,292 | |
| Appropriation of the result | |||
9906 |
-11,702 | -12,292 | |
14P |
-12,292 | - | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 1,642 | -12,166 | ||
| 1,492 | -12,228 | ||
| 0 | 35,000 | ||
| 1,145 | - | ||
| -35,736 | -37,228 | ||
| -4.7% | -6.6% | ||
| 0.05 | 0.00 | ||
| 1.6% | -35.2% | ||
| 10.95 | -194.65 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €35,000 |
| €902 | €64 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on SASCHA
The operating result for 2025 is a profit of €740, after a loss of €12,230 in 2024.
Equity is negative. Debt (€37,748) exceeds the balance-sheet total (€36,046).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 17-06-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
Mandates through the years
1 name, the dashed line is todayOLAYE Bonin
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- OLAYE Bonin
- Director (not named in the articles), appointed by deed of 17-06-2024, still in office
Control
Capital
- Contribution
- €10,000
- Shares
- 10,000
- Contribution per share
- €1
- Equity per share
- -€0.17 in 2025
- Source
- deed of 17-06-2024
Articles of association
deed of 17-06-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Frais de procédure et d’expertise pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs,proportionnellement au nombre…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Tuesday of June at 19:00
Shareholders
At incorporation
deed of 17-06-2024 ↗
- OLAYE Bonin 10,000 shares (100%) · €10,000
Network & group
No group
SASCHA has no parent and no holdings in its annual accounts. OLAYE Bonin is the only director. SASCHA shares no director with another company.
At the same address
Hof ten Berggaarde 15, 1200 Woluwe-Saint-Lambert · 2 other companies| Billou, Souad (sole trader)
establishment since 23-11-2025 |
founded in 2025 1031.120.589 |
| Habib, Wajdi (sole trader)
establishment since 01-10-2018 |
founded in 2018 0707.990.528 |
Timeline
Timeline
6 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010321613
2025
Back to profit net €590 The net result is €590, after one loss-making year.
Annual accounts 2024 filed NBBmicro format · 33 days before the deadline
2024
IncorporationFounding capital of €10,000, 10,000 shares · Founder: OLAYE Bonin · Appointment: OLAYE Bonin (director) · published on 17-06-20246 points ▸
- Registered office clause, 1200-Woluwe-Saint-Lambert, Clos Hof ten Berg 15 bte 25
- Board rule, 1
- Director appointment, OLAYE Bonin (director (not named in the articles))
- Founder, OLAYE Bonin
- Founding capital, €10,000, 10,000 shares
- 10,000 shares
- The deed holds 5 more points.
First establishment SASCHA SRL, Hof ten Berggaarde 15, Woluwe-Saint-Lambert
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 13 June 2024, SASCHA was incorporated as a private limited company by one natural person, with a starting capital of €10,000.12 OLAYE Bonin is director of the company, appointed by deed of 17-06-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1010.321.613
- VAT number
- BE 1010.321.613
- Peppol ID
- 0208:1010321613
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-06-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Tuesday of June at 19:00deed of 17-06-2024 (in French)
- Peppol
- Reachable since 05-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SASCHA in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 17-06-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 17-06-2024 (in French)
Activities
NACEBEL 202568201
Renting and operating of own or leased residential real estate, excluding social housing main activity
68204
Real estate activities
Codes under NACEBEL 2008
68201
Real estate activities main activity
68203
Real estate rental
68204
Real estate activities
77299
Rental and leasing activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’achat,la vente,l’échange,la construction,la reconstruction,la démolition,la transformation,l’exploitation et la location de tous immeubles…”deed of 17-06-2024 (in French)
4 activities
- L’achat,la vente,l’échange,la construction,la reconstruction,la démolition,la transformation,l’exploitation et la location de tous immeubles bâtis,meublés ou non
- L’achat,la vente,l’échange,la mise en valeur,le lotissement,l’exploitation,la location et l’affermage de tous immeubles non bâtis
- La création et l’exploitation d’espaces sportifs et récréatifs
- L’achat,la vente et l’exploitation de terres agricoles et de bois ainsi que la réalisation de toutes opérations relatives à la promotion immobilière,à l’activité d’administrateur de biens,de marchands de biens et la prise et la remise de fonds de commerce
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| SASCHA SRL registered office Hof ten Berggaarde 15, 1200 Woluwe-Saint-Lambert | 13-06-2024 | 2.360.472.828 |
Buildings and parcels at the address
- Ground area
- 3,471 m²
- Buildings
- 387 m²
- Volume, LiDAR
- 5,424 m³
- Tallest building
- 16.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21018A0030/00W000 | 3,471 m² | 1 · 387 m² | 16.9 m · 5 |