Von Saigo
ActiveVon Saigo has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-271k) and a net result of €-124k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
7
/ 100
Critical▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33▼-4
Growth32=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.66 in 2024), and equity is negative.
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-197.7%
Return on assets
-90.3%
Age of the figures
14 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€271k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
43 d early
2023
54 d early
2022
40 d early
2021
42 d early
2020
48 d early
2019
50 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 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-271k▼ 84.1%
2024 · €-147k
2019: €51k
2020: €57k
2021: €61k
2022: €19k
2023: €-84k
2024: €-147k
2019 → 2025
Total assets
€137k▼ 58.2%
2024 · €328k
2019: €617k
2020: €692k
2021: €778k
2022: €588k
2023: €571k
2024: €328k
2019 → 2025
Net result
€-124k▼ 95.3%
2024 · €-63k
2019: €4k
2020: €5k
2021: €4k
2022: €-42k
2023: €-103k
2024: €-63k
2019 → 2025
Working capital
€-275k▼ 74.6%
2024 · €-158k
2019: €45k
2020: €32k
2021: €-29k
2022: €8k
2023: €-94k
2024: €-158k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€19k▼ 68.6%€-84k€-147k▼ 75.6%€-271k▼ 84.1%
Operating result€5k-€-41k€-102k▼ 151%€-58k▲ 43.5%€-123k▼ 113%
Net result€4k-€-42k€-103k▼ 146%€-63k▲ 38.5%€-124k▼ 95.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €123k in 2025 against €58k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137k
Fixed assets
€5k▼ 69.0%
Current assets
€132k▼ 57.7%
Key figures and ratios
EBITDA
€-112k▼
2024 · €-47k
Cash flow
€-113k▼
2024 · €-52k
Solvency
-197.7%▼
2024 · -44.9%
Current ratio
0.32▼
2024 · 0.66
Quick ratio
0.18▼
2024 · 0.29
Debt / equity
-1.51▲
2024 · -3.23
ROE
45.7%▲
2024 · 43.1%
ROA
-90.3%▼
2024 · -19.3%
Interest coverage
-242.43▼
2024 · -73.66
Debt
€408k▼
2024 · €475k
Debt ≤ 1 year
€408k▼
2024 · €470k
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€328k€137k▼
Fixed assets21/28€16k€5k▼
Tangible fixed assets22/27€15k€4k▼
Furniture and vehicles24€15k€4k▼
Financial fixed assets28€500€500=
Current assets29/58€312k€132k▼
Stocks and contracts in progress3€175k€60k▼
Stocks30/36€175k€60k▼
Amounts receivable within one year40/41€54k€69k▲
Trade receivables40€52k€63k▲
Other amounts receivable41€1k€7k▲
Cash at bank and in hand54/58€83k€3k▼
Equity and liabilities
Total equity and liabilities10/49€328k€137k▼
Equity10/15€-147k€-271k▼
Contributions10/11€317k€317k=
Profit (loss) carried forward14€-464k€-588k▼
Amounts payable17/49€475k€408k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€470k€408k▼
Current portion of amounts payable after more than one year42€12k€5k▼
Trade debts44€44k€4k▼
Suppliers440/4€44k€4k▼
Advances received on contracts in progress46€745€269▼
Taxes, remuneration and social security45€3k-
Taxes450/3€30-
Remuneration and social security454/9€3k-
Other amounts payable47/48€410k€399k▼
Income statement
Code20242025
Remuneration, social security and pensions62€17k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€1k▲
Other operating charges640/8€2k€61▼
Gross operating margin9900€-34k€-111k▼
Operating profit (loss)9901€-58k€-123k▼
Financial charges65/66B€6k€464▼
Recurring financial charges65€632€464▼
Non-recurring financial charges66B€5k-
Profit (loss) for the period before taxes9903€-63k€-124k▼
Profit (loss) for the period9904€-63k€-124k▼
Profit (loss) for the period to be appropriated9905€-63k€-124k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-464k€-588k▼
Profit (loss) brought forward from the previous period14P€-401k€-464k▼
Social balance
Average headcount (FTE)90870.7-
The notes to these accounts (7 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series.
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €5k ▲25.7%
Net result €5k, the highest in the series.
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 48 days late
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Mol · 1 establishment unit since 1993
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.
Voortstraat 172400 MolGround area
4,717 m²
Building footprint
422 m²
Volume, LiDAR
2,573 m³
Parcel 13025G0688/00K000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Voortstraat 17, 2400 Mol
since 19932.060.218.632
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0688/00K000 | Flanders | 4,716 m² | 1 · 422 m² | 7.8 m · 2 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
Dual-learning approval
4 endedSimilar companies · same sector, comparable size
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INTER VP
BE 0886.546.049
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Meilleur Acheteur Voiture
BE 0788.650.283
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AUTODEAL PRO
BE 0776.789.262
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Of 10,618 companies in sector 47811 we hold annual accounts for 5,192. 2,619 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-1992
Fiscal year end30-06
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45310
46720Wholesale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.