SAUNA PALACE
ActiveSAUNA PALACE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €14k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 953 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-1
Solvency71▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.22 in 2024; short-term debt: 52.5% and cash: 9.8% of total assets), and 54.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← 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
45.6%
Return on assets
3.9%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-02-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
on the day
2023
5 d early
2022
4 d early
2021
6 d early
2020
2 d early
2019
19 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€163k▲ 9.5%
2024 · €149k
2019: €62k
2020: €43k
2021: €40k
2022: €117k
2023: €133k
2024: €149k
2019 → 2025
Total assets
€358k▲ 7.3%
2024 · €334k
2019: €227k
2020: €258k
2021: €261k
2022: €293k
2023: €344k
2024: €334k
2019 → 2025
Net result
€14k▼ 12.4%
2024 · €16k
2019: €7k
2020: €-6k
2021: €-3k
2022: €76k
2023: €23k
2024: €16k
2019 → 2025
Working capital
€-139k▼ 3.2%
2024 · €-135k
2019: €-46k
2020: €-136k
2021: €-123k
2022: €-112k
2023: €-132k
2024: €-135k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€117k▲ 189%€133k▲ 14.1%€149k▲ 12.1%€163k▲ 9.5%
Operating result€2k-€54k▲ 3,437%€23k▼ 58.4%€25k▲ 11.8%€21k▼ 18.3%
Net result€-3k-€76k€23k▼ 69.4%€16k▼ 30.8%€14k▼ 12.4%
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 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€309k▲ 4.4%
Current assets
€49k▲ 30.6%
Equity and liabilities €358k
Equity
€163k▲ 9.5%
Debt
€195k▲ 5.6%
The debt ratio falls from 55.3% to 54.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▲
2024 · €84k
Cash flow
€78k▲
2024 · €75k
Solvency
45.6%▲
2024 · 44.7%
Current ratio
0.26▲
2024 · 0.22
Quick ratio
0.26▲
2024 · 0.22
Debt / equity
1.19▼
2024 · 1.24
ROE
8.7%▼
2024 · 10.8%
ROA
3.9%▼
2024 · 4.8%
Interest coverage
89.90▲
2024 · 60.54
Debt
€195k▲
2024 · €185k
Debt ≤ 1 year
€188k▲
2024 · €172k
Debt > 1 year
€7k▼
2024 · €12k
Income taxes
€5k▼
2024 · €8k
Staff costs
€57k▲
2024 · €30k
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€334k€358k▲
Fixed assets21/28€296k€309k▲
Tangible fixed assets22/27€296k€309k▲
Land and buildings22€141k€189k▲
Plant, machinery and equipment23€73k€63k▼
Furniture and vehicles24€37k€16k▼
Other tangible fixed assets26€46k€41k▼
Current assets29/58€38k€49k▲
Amounts receivable within one year40/41€1k€14k▲
Trade receivables40-€13k
Other amounts receivable41€1k€927▼
Cash at bank and in hand54/58€37k€35k▼
Equity and liabilities
Total equity and liabilities10/49€334k€358k▲
Equity10/15€149k€163k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€119k€133k▲
Non-distributable reserves130/1€468-
Legal reserve130€468-
Distributable reserves133€118k€133k▲
Profit (loss) carried forward14€12k€12k=
Amounts payable17/49€185k€195k▲
Amounts payable after more than one year17€12k€7k▼
Financial debts170/4€12k€7k▼
Amounts payable within one year42/48€172k€188k▲
Current portion of amounts payable after more than one year42€8k€5k▼
Trade debts44€34k€42k▲
Suppliers440/4€34k€42k▲
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€18k€30k▲
Taxes450/3€11k€15k▲
Remuneration and social security454/9€7k€15k▲
Other amounts payable47/48€110k€109k▼
Income statement
Code20242025
Non-recurring operating income76A-€369
Remuneration, social security and pensions62€30k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€64k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€115k€144k▲
Operating profit (loss)9901€25k€21k▼
Financial charges65/66B€1k€941▼
Recurring financial charges65€1k€941▼
Profit (loss) for the period before taxes9903€24k€20k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€16k€14k▼
Profit (loss) for the period to be appropriated9905€16k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€26k▼
Profit (loss) brought forward from the previous period14P€12k€12k=
Transfer to equity691/2€16k€14k▼
To the legal reserve6920€16k€14k▼
The notes to these accounts (6 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
19-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
30-06
Financial
Equity above €150kEq €163k ▲9.5%
4 profitable years in a row build equity to €163k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €76k
Net result €76k after 2 loss-making years.
30-06
Financial
Equity above €100kEq €117k ▲189%
Equity rises from €40k to €117k.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-6k ▼195%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
12-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
25-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beringen · 1 establishment unit since 2000
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.
Nieuwendijk 33582 BeringenGround area
1,693 m²
Building footprint
268 m²
Volume, LiDAR
1,125 m³
Parcel 71522D0245/00D000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ALL PRINT SERVICES BVBA
since 20002.101.021.186
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71522D0245/00D000 | Flanders | 1,693 m² | 1 · 268 m² | 6.3 m · 1 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 siteBeringen2.101.021.186
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PICTOGRAM
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Of 2,856 companies in sector 18130 we hold annual accounts for 831. 657 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-2000
Fiscal year end30-06
Activities, NACEBEL
18130Pre-press and pre-media services
22250
93040
96040Personal service activities
96230Day spas, saunas and steam baths
93053
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.