Financials
- Financial year
- 2023
- Total assets
- €2,108
- Loss
- -€4,026
- Solvency
- -105.7%
Total assets▼ 22.8%
Net result
20212023
SAZABIAS
ActiveSummary
The computed 12-month bankruptcy probability of SAZABIAS is 15.4% (high). For SAZABIAS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€2,228) and a net result of -€4,026. Equity is shrinking by about 95% per year across the filed financial years. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Activity not known1 site
Size
€2,108total assets 2023
- Equity
- -€2,228
- Loss
- -€4,026
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 15.4%
2023 figures too old to score
Structure
Accounts 443 days overdue0 of 1 deed read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 51 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 27-09-2024)Ex-officio strike-off in the KBOTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskLiquidity: current ratio 0.49, cash €2,084neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
0-91
equity -105.7% of total assets
Liquidity
50-35
short-term debt 205.7% · cash 98.9%
Profitability
0-94
return on assets -191.0%
Bankruptcy probability, 12 months
15.4%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.4%
12-2024: 3.4%● unchanged vs 11-2024
01-2025: 3.4%● unchanged vs 12-2024
02-2025: 3.4%● unchanged vs 01-2025
03-2025: 3.3%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 3.3%● unchanged vs 03-2025
05-2025: 3.4%▲ +0.1 percentage points vs 04-2025
06-2025: 3.5%▲ +0.1 percentage points vs 05-2025
07-2025: 3.7%▲ +0.2 percentage points vs 06-2025
08-2025: 4.9%▲ +1.2 percentage points vs 07-2025
09-2025: 5.3%▲ +0.4 percentage points vs 08-2025
10-2025: 7.6%▲ +2.3 percentage points vs 09-2025
11-2025: 7.7%▲ +0.1 percentage points vs 10-2025
12-2025: 9.6%▲ +1.9 percentage points vs 11-2025
01-2026: 12.8%▲ +3.2 percentage points vs 12-2025
02-2026: 13.0%▲ +0.2 percentage points vs 01-2026
03-2026: 13.5%▲ +0.5 percentage points vs 02-2026
04-2026: 12.7%▼ -0.8 percentage points vs 03-2026
05-2026: 12.7%● unchanged vs 04-2026
06-2026: 12.3%▼ -0.4 percentage points vs 05-2026
07-2026: 12.3%● unchanged vs 06-2026
08-2026: 15.8%▲ +3.5 percentage points vs 07-2026highest value
09-2026: 15.8%● unchanged vs 08-2026highest value
10-2026: 15.4%▼ -0.4 percentage points vs 09-2026
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline17-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-09-2024, 51 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
51 days late
2022
72 days late
2021
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 51 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Annual accounts filedfinancial year 2023 · micro…
- Address struckLt. Graffplein 15 1780 L’adresse…
- Weakest financial yearnet -€4,026
Key points
By topic
Timeline
- Events
- 6
- Since
- 2022
- 11-10-2023Annual accounts filed
- 31-12-2022Highest result from 2021 to 2023
- 31-08-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 17-11-2020
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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