SAWSTONE
ActiveSAWSTONE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €20k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+32
Solvency96▼-4
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.38 against 7.31 in 2024; short-term debt: 28.6% and cash: 52.4% of total assets), and 28.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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
71.4%
Return on assets
38.1%
Age of the figures
9 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 09-07-2026, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
22 d early
2024
4 d late
2023
20 d late
2022
7 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▲ 28.4%
2024 · €29k
2022: €27k
2023: €24k
2024: €29k
2022 → 2025
Total assets
€53k▲ 55.6%
2024 · €34k
2022: €38k
2023: €37k
2024: €34k
2022 → 2025
Net result
€20k▲ 262%
2024 · €6k
2022: €22k
2023: €-4k
2024: €6k
2022 → 2025
Working capital
€36k▲ 24.8%
2024 · €29k
2022: €28k
2023: €23k
2024: €29k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€27k-€24k▼ 13.5%€29k▲ 23.4%€38k▲ 28.4%
Operating result€34k-€-311€10k€28k▲ 193%
Net result€22k-€-4k€6k€20k▲ 262%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 193% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€2k▲ 215%
Current assets
€51k▲ 52.9%
Equity and liabilities €53k
Equity
€38k▲ 28.4%
Debt
€15k▲ 231%
The debt ratio rises from 13.5% to 28.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▲
2024 · €10k
Cash flow
€21k▲
2024 · €6k
Solvency
71.4%▼
2024 · 86.5%
Current ratio
3.38▼
2024 · 7.31
Quick ratio
3.38▼
2024 · 7.31
Debt / equity
0.40▲
2024 · 0.16
ROE
53.4%▲
2024 · 19.0%
ROA
38.1%▲
2024 · 16.4%
Interest coverage
11.83▲
2024 · 3.43
Debt
€15k▲
2024 · €5k
Debt ≤ 1 year
€15k▲
2024 · €5k
Income taxes
€6k▲
2024 · €1k
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€34k€53k▲
Fixed assets21/28€559€2k▲
Tangible fixed assets22/27€514€2k▲
Furniture and vehicles24€514€2k▲
Financial fixed assets28€45€45=
Current assets29/58€33k€51k▲
Amounts receivable within one year40/41€6k€16k▲
Trade receivables40€6k€14k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€18k€28k▲
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€34k€53k▲
Equity10/15€29k€38k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€24k€33k▲
Amounts payable17/49€5k€15k▲
Amounts payable within one year42/48€5k€15k▲
Trade debts44€126€6k▲
Suppliers440/4€126€6k▲
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€0€0=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€349€500▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-4k
Other operating charges640/8€555€4k▲
Gross operating margin9900€10k€29k▲
Operating profit (loss)9901€10k€28k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€7k€26k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€6k€20k▲
Profit (loss) for the period to be appropriated9905€6k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€44k▲
Profit (loss) brought forward from the previous period14P€19k€24k▲
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 7.31
Current ratio from 2.76 to 7.31; short-term debt falls from €13k to €5k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €-4k ▼116%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 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, Waterloo · 1 establishment unit since 2021
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.
Rue Rombaut 521410 WaterlooGround area
1,609 m²
Building footprint
256 m²
Parcel 25110S0416/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SAWSTONE
since 20212.323.646.579
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110S0416/00D000 | Wallonia | 1,609 m² | 1 · 256 m² | - |
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.
Similar companies · same sector, comparable size
ZenITT
BE 0655.757.414
Waterloo · Eq €38k
FONDYTEST
BE 0701.762.732
Sint-Lambrechts-Woluwe · Eq €38k
VGVL
BE 0804.234.027
Hasselt · Eq €38k
KALISPERA
BE 0684.894.927
Soumagne · Eq €38k
Countersteer
BE 0777.399.966
Rixensart · Eq €38k
Of 11,554 companies in sector 71121 we hold annual accounts for 6,563. 4,655 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-2021
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
70220Business consulting
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:waldschmidt.sacha@gmail.com