SATHI
ActiveThe computed 12-month bankruptcy probability of SATHI is 1.5% (moderate). The 2025 annual accounts show equity of €138k and a net result of €10k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 13044 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-22
Solvency40▼-56
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity short (current ratio 0.62 against 2.21 in 2024), and 69.3% 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.
−lowers risk+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 →
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
30.7%
Return on assets
2.1%
Age of the figures
8 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
28 d early
2024
29 d late
2023
30 d late
2022
262 d late
2021
74 d late
2020
31 d late
2019
122 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€138k▼ 49.6%
2024 · €273k
2018: €18k
2019: €57k
2020: €152k
2021: €235k
2022: €237k
2023: €242k
2024: €273k
2018 → 2025
Total assets
€448k▼ 15.9%
2024 · €533k
2018: €55k
2019: €110k
2020: €512k
2021: €590k
2022: €553k
2023: €516k
2024: €533k
2018 → 2025
Net result
€10k▼ 69.5%
2024 · €31k
2018: €19k
2019: €39k
2020: €95k
2021: €83k
2022: €2k
2023: €5k
2024: €31k
2018 → 2025
Working capital
€-51k
2024 · €77k
2018: €-4k
2019: €35k
2020: €70k
2021: €115k
2022: €111k
2023: €49k
2024: €77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€235k-€237k▲ 0.9%€242k▲ 2.1%€273k▲ 12.9%€138k▼ 49.6%
Operating result€113k-€10k▼ 90.9%€23k▲ 125%€44k▲ 91.8%€42k▼ 3.8%
Net result€83k-€2k▼ 97.5%€5k▲ 141%€31k▲ 532%€10k▼ 69.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €448k
Fixed assets
€366k▼ 6.6%
Current assets
€82k▼ 41.8%
Equity and liabilities €448k
Equity
€138k▼ 49.6%
Debt
€311k▲ 19.4%
The debt ratio rises from 48.8% to 69.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€141k▲
2024 · €73k
Cash flow
€109k▲
2024 · €61k
Solvency
30.7%▼
2024 · 51.2%
Current ratio
0.62▼
2024 · 2.21
Quick ratio
0.58▼
2024 · 2.14
Debt / equity
2.26▲
2024 · 0.95
ROE
6.9%▼
2024 · 11.4%
ROA
2.1%▼
2024 · 5.9%
Interest coverage
22.42▲
2024 · 14.18
Debt
€311k▲
2024 · €260k
Debt ≤ 1 year
€133k▲
2024 · €64k
Debt > 1 year
€177k▼
2024 · €196k
Income taxes
€26k▲
2024 · €8k
Staff costs
€237k▲
2024 · €159k
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€533k€448k▼
Fixed assets21/28€392k€366k▼
Intangible fixed assets21€4k€750▼
Tangible fixed assets22/27€386k€365k▼
Land and buildings22€385k€359k▼
Plant, machinery and equipment23€865€6k▲
Furniture and vehicles24€244€0▼
Financial fixed assets28€3k€0▼
Current assets29/58€141k€82k▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€34k€0▼
Trade receivables40€0-
Other amounts receivable41€34k€0▼
Cash at bank and in hand54/58€102k€78k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€533k€448k▼
Equity10/15€273k€138k▼
Contributions10/11€25k€12k▼
Reserves13-€126k
Distributable reserves133-€126k
Profit (loss) carried forward14€248k€0▼
Amounts payable17/49€260k€311k▲
Amounts payable after more than one year17€196k€177k▼
Financial debts170/4€196k€177k▼
Amounts payable within one year42/48€64k€133k▲
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€3k€14k▲
Suppliers440/4€3k€14k▲
Taxes, remuneration and social security45€42k€84k▲
Taxes450/3€14k€54k▲
Remuneration and social security454/9€28k€31k▲
Other amounts payable47/48€253€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€159k€237k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€99k▲
Other operating charges640/8€13k€6k▼
Gross operating margin9900€245k€384k▲
Operating profit (loss)9901€44k€42k▼
Financial income75/76B€2€47▲
Recurring financial income75€2€47▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€39k€36k▼
Income taxes67/77€8k€26k▲
Profit (loss) for the period9904€31k€10k▼
Profit (loss) for the period to be appropriated9905€31k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€248k€258k▲
Profit (loss) brought forward from the previous period14P€217k€248k▲
Transfer to equity691/2-€126k
To other reserves6921-€126k
Profit to be distributed694/7-€132k
Return on contributions (dividend)694-€132k
The notes to these accounts (16 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 262 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼97.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
31-12
Financial
Equity above €200kEq €235k ▲54.8%
4 profitable years in a row build equity to €235k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €95k ▲140%
Operating result €129k, net result €95k, both a record.
31-12
Financial
Equity above €150kEq €152k ▲166%
3 profitable years in a row build equity to €152k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 90 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Aalst · 1 establishment unit since 2016
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.
Vrijheidstraat 729300 AalstGround area
156 m²
Building footprint
91 m²
Volume, LiDAR
855 m³
Parcel 41002A0132/00C002, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Aalst Sushi
since 20162.252.639.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A0132/00C002 | Flanders | 156 m² | 1 · 91 m² | 12.9 m · 3 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 siteAalst2.252.639.710
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HIMCHULI
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Mommies
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2016
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.