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SaxImmo

Active
Private limited companyfounded 2024active for 1 yearRue Saint-Jacques 311, 5500 Dinant, BelgiumKBO/BCE: BE 1017.480.906
Summary

SaxImmo has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,173 and a net result of €14,173. Its solvency ranks better than 24% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00471297.

Equity
€19,173
Total assets
€790,546
Net result
€14,173
Working capital
-€93,111

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

Balance-sheet composition
Assets €790,546
Fixed assets €763,207
Current assets €27,339
Equity and liabilities €790,546
Equity €19,173
Debt €771,373
Debt finances 97.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€46,626
Cash flow
€33,810
Current ratio
0.23
Debt to equity
40.23
ROE
73.9%
ROA
1.8%
Interest coverage
3.64
Debt ≤ 1 year
€120,450
Debt > 1 year
€650,450

Peer companies

Historical observation

Of the 139 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 99.3% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
0.0% went bankrupt
0.7% stopped otherwise
99.3% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 139 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
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€790,546
Fixed assets21/28€763,207
Tangible fixed assets22/27€763,207
Land and buildings22€735,778
Furniture and vehicles24€27,429
Current assets29/58€27,339
Amounts receivable within one year40/41€13,750
Trade receivables40€13,750
Cash at bank and in hand54/58€13,178
Deferred charges and accrued income490/1€412
Equity and liabilities
Total equity and liabilities10/49€790,546
Equity10/15€19,173
Contributions10/11€5,000
Profit (loss) carried forward14€14,173
Amounts payable17/49€771,373
Amounts payable after more than one year17€650,450
Financial debts170/4€650,450
Amounts payable within one year42/48€120,450
Current portion of amounts payable after more than one year42€50,041
Trade debts44€3,633
Suppliers440/4€3,633
Taxes, remuneration and social security45€2,239
Taxes450/3€2,239
Other amounts payable47/48€64,538
Accrued charges and deferred income492/3€473
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,637
Other operating charges640/8€2,207
Gross operating margin9900€48,832
Operating profit (loss)9901€26,989
Financial charges65/66B€12,815
Recurring financial charges65€12,815
Profit (loss) for the period before taxes9903€14,173
Profit (loss) for the period9904€14,173
Profit (loss) for the period to be appropriated9905€14,173
Appropriation of the result
Profit (loss) to be appropriated9906€14,173

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,637
Other operating charges640/8€2,207
Gross operating margin9900€48,832
Operating profit (loss)9901€26,989
Financial charges65/66B€12,815
Recurring financial charges65€12,815
Profit (loss) for the period before taxes9903€14,173
Profit (loss) for the period9904€14,173
Profit (loss) for the period to be appropriated9905€14,173
Line2025
Assets
Total assets20/58€790,546
Fixed assets21/28€763,207
Tangible fixed assets22/27€763,207
Land and buildings22€735,778
Furniture and vehicles24€27,429
Current assets29/58€27,339
Amounts receivable within one year40/41€13,750
Trade receivables40€13,750
Cash at bank and in hand54/58€13,178
Deferred charges and accrued income490/1€412
Equity and liabilities
Total equity and liabilities10/49€790,546
Equity10/15€19,173
Contributions10/11€5,000
Profit (loss) carried forward14€14,173
Amounts payable17/49€771,373
Amounts payable after more than one year17€650,450
Financial debts170/4€650,450
Amounts payable within one year42/48€120,450
Current portion of amounts payable after more than one year42€50,041
Trade debts44€3,633
Suppliers440/4€3,633
Taxes, remuneration and social security45€2,239
Taxes450/3€2,239
Other amounts payable47/48€64,538
Accrued charges and deferred income492/3€473
Line2025
Profit (loss) for the period9904€14,173
+ Depreciation and write-downs630€19,637
Operating cash flow (approximation)€33,810

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00471297

Similar companies · same sector, comparable size

Of the 12,064 active companies whose main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203), figures are known for 6,171. 2,164 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.