SAUCISSES
ActiveSummary
The computed 12-month bankruptcy probability of SAUCISSES is 13.4% (high). The 2024 annual accounts show negative equity (-€38,923) and a net result of €2,361. Equity is shrinking by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 18940 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-25
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
13.4%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.45 against 0.55 in 2023; short-term debt: 151.8% and cash: 5.1% of total assets), and equity is negative.
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Signals
Seven 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
Food and beverage service activities (NACE 56)
about 206% more 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 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
-104.3%
Return on assets
6.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 18940 sector peers (2024).
NBB · sector comparisonPosition among 18940 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
68 d late
2022
434 d late
2021
551 d late
2020
89 d late
2019
137 d 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 223 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€38,923▲ 5.7%
2023 · -€41,284
Total assets
€37,302▲ 42.8%
2023 · €26,121
Net result
€2,361▼ 69.7%
2023 · €7,786
Working capital
-€31,088▼ 47.9%
2023 · -€21,024
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Line20202021202220232024
Operating result-€10,571▼ 2,740%-€32,226▼ 205%-€9,217▲ 71.4%€9,413€2,902▼ 69.2%
Net result-€10,178below the sector's middle half▼ 2,325%-€32,463below the sector's middle half▼ 219%-€10,909below the sector's middle half▲ 66.4%€7,786within the sector's middle half€2,361within the sector's middle half▼ 69.7%
Equity-€5,698below the sector's middle half-€38,161below the sector's middle half▼ 570%-€49,070below the sector's middle half▼ 28.6%-€41,284below the sector's middle half▲ 15.9%-€38,923below the sector's middle half▲ 5.7%
Total assets€75,945within the sector's middle half▼ 17.9%€68,819within the sector's middle half▼ 9.4%€56,288within the sector's middle half▼ 18.2%€26,121below the sector's middle half▼ 53.6%€37,302below the sector's middle half▲ 42.8%
Debt€81,643▼ 7.2%€106,980▲ 31.0%€105,358▼ 1.5%€67,405▼ 36.0%€76,225▲ 13.1%
Working capital€12,187within the sector's middle half▼ 25.0%-€11,617within the sector's middle half-€50,751below the sector's middle half▼ 337%-€21,024within the sector's middle half▲ 58.6%-€31,088within the sector's middle half▼ 47.9%
Solvency-7.5%within the sector's middle half▼ 12.3pp-55.5%below the sector's middle half▼ 47.9pp-87.2%below the sector's middle half▼ 31.7pp-158.0%below the sector's middle half▼ 70.9pp-104.3%below the sector's middle half▲ 53.7pp
Current ratio1.44within the sector's middle half▲ 0.070.79within the sector's middle half▼ 0.660.40below the sector's middle half▼ 0.390.55within the sector's middle half▲ 0.150.45below the sector's middle half▼ 0.10
Return on assets (ROA)-13.4%below the sector's middle half▼ 12.9pp-47.2%below the sector's middle half▼ 33.8pp-19.4%below the sector's middle half▲ 27.8pp29.8%above the sector's middle half▲ 49.2pp6.3%within the sector's middle half▼ 23.5pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service 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
The operating result falls in 2024; 2024 is 69% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37,302
Fixed assets
€11,773 ▲ 2,294%
Current assets
€25,529 ▼ 0.4%
Key figures and ratios
EBITDA
€4,537▼
2023 · €9,919
Cash flow
€3,997▼
2023 · €8,292
Debt to equity
-1.96▼
2023 · -1.63
Interest coverage
5.68▼
2023 · 5.90
Debt ≤ 1 year
€56,617▲
2023 · €46,653
Debt > 1 year
€15,000▼
2023 · €16,000
Staff costs
€6,738
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 13.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,178 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €6,738 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,926 | €9,834 | €10,176 | €506 | €1,635 | ▲ 223% |
| Other operating charges640/8 | - | - | - | €5,650 | - | - |
| Gross operating margin9900 | -€1,560 | -€22,391 | €959 | €15,569 | €11,276 | ▼ 27.6% |
| Operating profit (loss)9901 | -€10,571 | -€32,226 | -€9,217 | €9,413 | €2,902 | ▼ 69.2% |
| Financial income75/76B | - | €1,511 | €90 | €55 | €258 | ▲ 372% |
| Recurring financial income75 | €2,026 | €1,511 | €90 | €55 | €258 | ▲ 372% |
| Financial charges65/66B | - | €1,748 | €1,782 | €1,682 | €799 | ▼ 52.5% |
| Recurring financial charges65 | €1,633 | €1,748 | €1,782 | €1,682 | €799 | ▼ 52.5% |
| Profit (loss) for the period before taxes9903 | -€10,178 | -€32,463 | -€10,909 | €7,786 | €2,361 | ▼ 69.7% |
| Profit (loss) for the period9904 | -€10,178 | -€32,463 | -€10,909 | €7,786 | €2,361 | ▼ 69.7% |
| Profit (loss) for the period to be appropriated9905 | -€10,178 | -€32,463 | -€10,909 | €7,786 | €2,361 | ▼ 69.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €75,945 | €68,819 | €56,288 | €26,121 | €37,302 | ▲ 42.8% |
| Fixed assets21/28 | €36,154 | €26,320 | €22,850 | €492 | €11,773 | ▲ 2,294% |
| Tangible fixed assets22/27 | €36,154 | €26,320 | €22,850 | €372 | €11,653 | ▲ 3,034% |
| Plant, machinery and equipment23 | - | €25,205 | €22,603 | €372 | €113 | ▼ 69.7% |
| Furniture and vehicles24 | - | €1,115 | €247 | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €11,540 | - |
| Financial fixed assets28 | - | - | - | €120 | €120 | = |
| Current assets29/58 | €39,791 | €42,499 | €33,438 | €25,629 | €25,529 | ▼ 0.4% |
| Amounts receivable within one year40/41 | €38,056 | €34,977 | €33,426 | €25,629 | €23,613 | ▼ 7.9% |
| Trade receivables40 | - | €2,045 | €20,193 | €21,555 | €17,465 | ▼ 19.0% |
| Other amounts receivable41 | - | €32,933 | €13,233 | €4,075 | €6,148 | ▲ 50.9% |
| Cash at bank and in hand54/58 | €1,735 | €7,522 | €12 | - | €1,916 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €75,945 | €68,819 | €56,288 | €26,121 | €37,302 | ▲ 42.8% |
| Equity10/15 | -€5,698 | -€38,161 | -€49,070 | -€41,284 | -€38,923 | ▲ 5.7% |
| Contributions10/11 | - | €4,900 | €4,900 | €4,900 | €4,900 | = |
| Profit (loss) carried forward14 | -€10,598 | -€43,061 | -€53,970 | -€46,184 | -€43,823 | ▲ 5.1% |
| Amounts payable17/49 | €81,643 | €106,980 | €105,358 | €67,405 | €76,225 | ▲ 13.1% |
| Amounts payable after more than one year17 | €51,980 | €49,469 | €16,880 | €16,000 | €15,000 | ▼ 6.3% |
| Financial debts170/4 | - | €49,469 | €16,880 | €16,000 | €15,000 | ▼ 6.3% |
| Amounts payable within one year42/48 | €27,603 | €54,116 | €84,189 | €46,653 | €56,617 | ▲ 21.4% |
| Current portion of amounts payable after more than one year42 | - | €31,211 | €17,588 | €16,652 | €15,000 | ▼ 9.9% |
| Trade debts44 | €25,167 | €22,905 | €61,148 | €28,531 | €16,890 | ▼ 40.8% |
| Suppliers440/4 | - | €22,905 | €61,148 | €28,531 | €16,890 | ▼ 40.8% |
| Taxes, remuneration and social security45 | - | - | - | €1,470 | €1,051 | ▼ 28.5% |
| Taxes450/3 | - | - | - | €1,470 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €1,051 | - |
| Other amounts payable47/48 | - | - | €5,453 | - | €23,676 | - |
| Accrued charges and deferred income492/3 | - | €3,395 | €4,289 | €4,752 | €4,608 | ▼ 3.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,178 | -€32,463 | -€10,909 | €7,786 | €2,361 | ▼ 69.7% |
| + Depreciation and write-downs630 | €8,926 | €9,834 | €10,176 | €506 | €1,635 | ▲ 223% |
| Operating cash flow (approximation) | -€1,252 | -€22,628 | -€733 | €8,292 | €3,997 | ▼ 51.8% |
| Investment in fixed assets (approximation) | - | €0 | -€6,706 | €21,852 | -€12,917 | ▼ 159% |
| Change in cash | - | €5,788 | -€7,510 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 434 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 551 days late
2023
31-12
Financial
Back to profitnet €7,786
Net result €7,786 after 4 loss-making years.
2021
31-12
Financial
Weakest financial yearnet -€32,463
Net result drops to -€32,463, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 137 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Ukkel · 2 establishment units since 2019
Ground area
19.8 ha
Building footprint
14.9 ha
Volume, LiDAR
2,152,820 m³
3 parcels, Brussels · tallest building 42.8 m, ±7 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
SAUCISSES
since 20192.297.354.037
SAUCISSES
since 20222.341.992.843
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0031/00F002 | Brussels | 19.8 ha | 1 · 14.8 ha | 42.8 m · 5 fl. |
| 21618B0278/00H021 | Brussels | 119 m² | 1 · 81 m² | 17.2 m · 5 fl. |
| 21562A0075/00D003 | Brussels | 77 m² | 1 · 62 m² | 27.0 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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
2 sitesBrussel2.341.992.843
Sint-Gillis2.297.354.037
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Of 7,499 companies in sector 56210 we hold annual accounts for 2,451. 1,050 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0734962268
Registered
14-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.