SAUL

Active

Private limited companyfounded 20242 yrs activeIndustriestraat 29, 8755 Wingene, BelgiumKBO/BCE: BE 1006.647.093

SAUL has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €12k. Its solvency ranks better than 22% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2024

66 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability81

Solvency35

Growth-

Track record67

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.76; short-term debt: 52% and cash: 34.7% of total assets), and 89.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 90

Relative position

BE, all sectors

reference

Sector 90

lower

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

10.3%

Return on assets

9.5%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2465 sector peers (2024).

NBB · sector comparison

Position among 2465 sector peers

Solvency

better than 22%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

23 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€13k

Total assets

€126k

Net result

€12k

Working capital

€-16k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €126k

60.5%

39.5%

Fixed assets €76k

Current assets €50k

Equity and liabilities €126k

10%

89.7%

Equity €13k

Debt €113k

Debt finances 89.7% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€39k

Cash flow

€33k

Solvency

10.3%

Current ratio

0.76

Quick ratio

0.76

Debt / equity

8.67

ROE

92.3%

ROA

9.5%

Interest coverage

16.04

Debt

€113k

Debt ≤ 1 year

€65k

Debt > 1 year

€47k

Income taxes

€4k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€126k

Formation expenses20€200

Fixed assets21/28€76k

Tangible fixed assets22/27€76k

Plant, machinery and equipment23€38k

Furniture and vehicles24€38k

Current assets29/58€50k

Amounts receivable within one year40/41€4k

Trade receivables40€1k

Other amounts receivable41€2k

Cash at bank and in hand54/58€44k

Deferred charges and accrued income490/1€2k

Equity and liabilities

Total equity and liabilities10/49€126k

Equity10/15€13k

Contributions10/11€1k

Reserves13€12k

Distributable reserves133€12k

Amounts payable17/49€113k

Amounts payable after more than one year17€47k

Financial debts170/4€47k

Amounts payable within one year42/48€65k

Current portion of amounts payable after more than one year42€13k

Trade debts44€1k

Suppliers440/4€1k

Taxes, remuneration and social security45€7k

Taxes450/3€7k

Other amounts payable47/48€44k

Income statement Code2024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k

Other operating charges640/8€1k

Gross operating margin9900€40k

Operating profit (loss)9901€18k

Financial income75/76B€1

Recurring financial income75€1

Financial charges65/66B€2k

Recurring financial charges65€2k

Profit (loss) for the period before taxes9903€16k

Income taxes67/77€4k

Profit (loss) for the period9904€12k

Profit (loss) for the period to be appropriated9905€12k

Appropriation of the result

Profit (loss) to be appropriated9906€12k

Transfer to equity691/2€12k

To other reserves6921€12k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2025

08-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Wingene · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Industriestraat 298755 Wingene

Ground area

7,360 m²

Building footprint

4,260 m²

Volume, LiDAR

25,748 m³

Parcel 37012C0330/00X000, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

SAUL

Industriestraat 29, 8755 WingeneArts creation and performing arts activities

since 20242.356.931.437

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
37012C0330/00X000	Flanders	7,360 m²	1 · 4,260 m²	12.3 m · 2 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 150 EUR awarded · 150 EUR paid

Year	Entries	awarded	paid
2025	1	75 EUR	75 EUR
2024	1	75 EUR	75 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 150 EUR · 150 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Ecaussinnes · Eq €13k

Of 3,399 companies in sector 90393 we hold annual accounts for 939. 525 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-03-2024

Fiscal year end31-12

Activities, NACEBEL

90393Specialised image, lighting and sound technical services

18200Printing and reproduction of recorded media

59120Post-production of films, video and television programmes

59203Motion picture, video and television programme production, sound recording and music publishing activities

90022Arts creation and performing arts activities

90029Arts creation and performing arts activities

90392Design and construction of stages and sets

90399Other support activities for arts and performing arts

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.