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SABAKI

Active
Private limited company·Zagen en schaven van hout· 6 yrs active
Veldstraat 133 ·8680 Koekelare, Belgium
KBO/BCE: BE 0742.582.015
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Age6 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SABAKI is 1.3% (low). The 2024 annual accounts show equity of €53k and a net result of €4k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 166 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Signals

1 signal · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 93% of 166 peers (2024). A comfortable equity buffer.
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.3% Low
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€4k
Working capital€36k+24.7%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 23-06-2025 with the NBB · fiscal year 2024 · micro
€-20k€0€20k€40k€60kOperating result 2020: €10k€10kNet result 2020: €8k€8kOperating result 2021: €53k€53kNet result 2021: €42k€42kOperating result 2022: €8k€8kNet result 2022: €6k€6kOperating result 2023: €-6k€-6kNet result 2023: €-7k€-7kOperating result 2024: €7k€7kNet result 2024: €4k€4k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8.7%/year over 5 fiscal years, indicative, assuming unchanged policy.
€0€25k€50k€75k€100k2025: €58k (€41k - €75k)2026: €63k (€36k - €90k)2027: €69k (€32k - €106k)2020: €10k2021: €51k2022: €56k2023: €49k2024: €53k20202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2024 · NACE 16 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 79.4% 40.8%
better than 93% of 166 sector peers
Net result €4k €11k
better than 36% of 166 sector peers
Equity €53k €32k
better than 65% of 166 sector peers
Gross operating margin €18k €33k
better than 31% of 166 sector peers
Total assets €66k €110k
better than 35% of 166 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P93
2020: P91 · n=312021: P95 · n=562022: P91 · n=1092023: P93 · n=1462024: P93 · n=1662020 2024
Stable position over 2020-2024 · n=31-166
Net result P36
2020: P61 · n=312021: P85 · n=562022: P44 · n=1092023: P13 · n=1462024: P36 · n=1662020 2024
Weakening position over 2020-2024 · n=31-166
Equity P65
2020: P40 · n=312021: P71 · n=562022: P75 · n=1092023: P65 · n=1462024: P65 · n=1662020 2024
Stable position over 2020-2024 · n=31-166
Gross operating margin P31
2020: P22 · n=312021: P69 · n=562022: P40 · n=1092023: P20 · n=1452024: P31 · n=1662020 2024
Stable position over 2020-2024 · n=31-166
Describes the position versus peers, not a forecast.
EBITDA
€16k
+249.5% -57% vs sector
Net profit
€4k
- -54% vs sector
Cash flow
€14k
+304.8% -55% vs sector
Total assets
€66k
-4.4% -62% vs sector
Equity
€53k
+7.0% ≈ vs sector
Working capital
€36k
+24.7% far above sector median
Income taxes
€2k
+1243.7% -5% vs sector
Dividends
€833
- -50% vs sector
Debt
€14k
-32.2% -89% vs sector
Debt ≤ 1y
€13k
-4.4% -86% vs sector
Debt > 1y
€1k
-85.5% -93% vs sector
Current ratio
3.88
+21.0% far above sector median
Quick ratio
3.88
+21.0% far above sector median
Solvency
79.4%
+11.9% +162% vs sector
Debt / equity
0.26
-36.6% -89% vs sector
ROE
8.1%
- -54% vs sector
ROA
6.4%
- +21% vs sector
Interest coverage
24.36
+471.4% +130% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€16k
Net profit€4k
Cash flow€14k
Staff costs-
Income taxes€2k
Dividends€833
Total assets€66k
Equity€53k
Debt€14k
of which ≤ 1y€13k
of which > 1y€1k
Working capital€36k
Employees (FTE)-
Ratios (computed)
2024
Current ratio3.88
Quick ratio3.88
Working capital ratio54.9%
Solvency79.4%
Debt / equity0.26
Long-term debt ratio0.02
Interest coverage24.36
Gross margin-
Net margin-
ROA6.4%
ROE8.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€66k
Fixed assets 21/28€17k
Tangible fixed assets 22/27€17k
Current assets 29/58€49k
Amounts receivable within one year 40/41€11k
Cash & bank 54/58€38k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€66k
Equity 10/15€53k
Contributions / capital 10/11€2k
Reserves 13€51k
Accumulated profits (losses) 14€0
Amounts payable 17/49€14k
Amounts payable after one year 17€1k
Amounts payable within one year 42/48€13k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€18k
Operating result 9901€7k
Financial income 75€0
Financial charges 65€670
Result before taxes 9903€6k
Income taxes 67/77€2k
Net result for the period 9904€4k
Result to be appropriated 9905€4k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
94 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
SABAKI
Veldstraat 133, 8680 KoekelareZagen en schaven van hout
since 20202.298.949.092
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area615 m²
Buildings1
Building footprint161 m²
Volume (LiDAR)604 m³
Tallest building8.6 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32010D0752/00D003 Flanders 615 m² 1 · 161 m² 8.6 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability40Solvency100Growth52Stability100
77 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94
Profitability 40
Solvency 100
Growth 52
Stability 100

Ask AI about this company

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Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

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AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Same sector, ranked by comparable size

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Zagen en schaven van hout16100Zagen en schaven van hout16110Coating van metalen25510Oppervlaktebehandeling van metalen25610Detailhandel in ICT-apparatuur47400Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels47410Ontwerpen en programmeren van computerprogramma's62010Computerconsultancy-activiteiten62020Ontwerpen van computerprogramma’s62100Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Overige vormen van onderwijs85599Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
Legal nameNL SABAKI
Registered office
Veldstraat 133
8680 Koekelare, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.