Saxo'Bar
The computed 12-month bankruptcy probability of Saxo'Bar is 2.6% (moderate). The 2024 annual accounts show negative equity (€-230k) and a net result of €-14k. Equity is shrinking by ~9.1% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-230k |
| Net result | €-14k |
| Active | 10 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €9k |
| Net profit | €-14k |
| Cash flow | €7k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €148k |
| Equity | €-230k |
| Debt | €378k |
| of which ≤ 1y | €298k |
| of which > 1y | €80k |
| Working capital | €-290k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.03 |
| Quick ratio | 0.03 |
| Working capital ratio | -196.0% |
| Solvency | -155.6% |
| Debt / equity | -1.64 |
| Long-term debt ratio | -0.35 |
| Interest coverage | 3.75 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.5% |
| ROE | 6.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €148k |
| Fixed assets | 21/28 | €140k |
| Tangible fixed assets | 22/27 | €138k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €8k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €148k |
| Equity | 10/15 | €-230k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-250k |
| Amounts payable | 17/49 | €378k |
| Amounts payable after one year | 17 | €80k |
| Amounts payable within one year | 42/48 | €298k |
| Income statement | ||
| Gross operating margin | 9900 | €11k |
| Operating result | 9901 | €-12k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-14k |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 05-11-2015 |
| Status | Active |
| Postal code | 5002 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92108B0242/00W002 | Wallonia | 121 m² | 1 · 205 m² | 15.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
13-12-2023 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "directeur",
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"rrn": null,
"name": "de WITTE de HAELEN Rodolphe",
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},
{
"kind": "substantive_delegation",
"role": "administrateur",
"person": {
"rrn": "931104-158.06",
"name": "BUTAIJE Marl\u00E8ne Marie Fabienne Gilles Ghislaine",
"address": "5002 Saint-Servais/Namur, Chauss\u00E9e de Waterloo 30A, boite 3",
"birth_date": "1993-11-04",
"profession": null,
"birth_place": null
},
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},
{
"kind": "substantive_delegation",
"role": "administrateur",
"person": {
"rrn": "91.11.26-330.05",
"name": "de WITTE de HAELEN El\u00E9onore Corinne Antoinette Marie Ghislaine Elisabeth",
"address": "1325 Chaumont-Gistoux, rue Ferme du Mont,6",
"birth_date": "1991-11-26",
"profession": null,
"birth_place": "Uccle"
},
"reason": null,
"subkind": "additional",
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},
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}
],
"notary": {
"name": "Valentine DEMBLON",
"firm_city": null,
"firm_name": null,
"office_city": "Namur",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-13",
"filing_date": "2023-12-08",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-11-27",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0642.693.492",
"name_full": "SAXO\u0027BAR",
"legal_form": "SRL"
},
"publication_proxy": {
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"org_name": null,
"person_name": "Valentine DEMBLON",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"exp\u00E9dition de l\u0027acte de la soci\u00E9t\u00E9"
],
"corrected_publication_numac": null
}| Legal nameFR | Saxo'Bar |