SABATINO
The computed 12-month bankruptcy probability of SABATINO is 5.7% (elevated). The 2024 annual accounts show equity of €146k and a net result of €-16k. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 5650 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €146k |
| Net result | €-16k |
| Better than sector | 62% |
| Active | 7 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.9% | 19.3% | |
| Net result | €-16k | €4k | |
| Equity | €146k | €14k | |
| Gross operating margin | €200k | €52k | |
| Staff costs | €190k | €49k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | €648k | - | €713k |
| EBITDA | €2k | €-19k | €212k |
| Net profit | €-16k | €-35k | €154k |
| Cash flow | €-6k | €-23k | €162k |
| Staff costs | €190k | €137k | €122k |
| Income taxes | €2k | - | €51k |
| Dividends | - | - | €160k |
| Total assets | €458k | €423k | €514k |
| Equity | €146k | €162k | €197k |
| Debt | €312k | €261k | €317k |
| of which ≤ 1y | €148k | €198k | €311k |
| of which > 1y | €164k | €63k | €7k |
| Working capital | €255k | €191k | €175k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 2.73 | 1.96 | 1.56 |
| Quick ratio | 2.45 | 1.74 | 1.55 |
| Working capital ratio | 55.7% | 45.1% | 34.0% |
| Solvency | 31.9% | 38.4% | 38.3% |
| Debt / equity | 2.14 | 1.61 | 1.61 |
| Long-term debt ratio | 1.13 | 0.39 | 0.03 |
| Interest coverage | 0.15 | -2.35 | 124.54 |
| Gross margin | 28.5% | - | 47.8% |
| Net margin | -2.5% | - | 21.6% |
| ROA | -3.6% | -8.2% | 29.9% |
| ROE | -11.2% | -21.4% | 77.9% |
| EBITDA margin | 0.4% | - | 29.7% |
| Days sales outstanding | 3d | - | 39d |
| Days payable outstanding | 35d | - | 25d |
| Inventory turnover | 11.23 | - | 116.22 |
| Days inventory (DSI) | 32d | - | 3d |
Full annual accounts (27 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €458k | €423k | €514k |
| Fixed assets | 21/28 | €55k | €34k | €29k |
| Intangible fixed assets | 21 | €2k | €3k | €3k |
| Tangible fixed assets | 22/27 | €49k | €28k | €26k |
| Financial fixed assets | 28 | €4k | €4k | - |
| Current assets | 29/58 | €403k | €389k | €486k |
| Stocks & contracts in progress | 3 | €41k | €44k | €3k |
| Amounts receivable within one year | 40/41 | €171k | €135k | €77k |
| Cash & bank | 54/58 | €191k | €209k | €405k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €458k | €423k | €514k |
| Equity | 10/15 | €146k | €162k | €197k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €126k | €142k | €177k |
| Amounts payable | 17/49 | €312k | €261k | €317k |
| Amounts payable after one year | 17 | €164k | €63k | €7k |
| Amounts payable within one year | 42/48 | €148k | €198k | €311k |
| Trade debts payable within one year | 44 | €44k | €80k | €25k |
| Income statement | ||||
| Turnover | 70 | €648k | - | €713k |
| Gross operating margin | 9900 | €200k | €130k | €341k |
| Operating result | 9901 | €-8k | €-31k | €204k |
| Financial income | 75 | €6k | €4k | €3k |
| Financial charges | 65 | €15k | €8k | €2k |
| Result before taxes | 9903 | €-14k | €-35k | €205k |
| Income taxes | 67/77 | €2k | - | €51k |
| Net result for the period | 9904 | €-16k | €-35k | €154k |
| Result to be appropriated | 9905 | €-16k | €-35k | €154k |
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 28-02-2019 |
| Status | Active |
| Postal code | 2000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1297/00E000 | Flanders | 199 m² | 1 · 155 m² | 19.7 m · 5 fl. |
| 11002A1297/00D000 | Flanders | 160 m² | 1 · 242 m² | 22.1 m · 5 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-12-2023 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": null,
"name": "Accotax Kaya",
"address": "Onze-Lieve-Vrouwstraat 2, 2600 Antwerpen-Berchem",
"country": "BE",
"legal_form": null
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Een bijzondere volmacht toegekend werd alle aangestelden of medewerkers van het kantoor Accotax Kaya, met zetel te 2600 Antwerpen-Berchem, Onze-Lieve-Vrouwstraat 2, met mogelijkheid tot indeplaats-stelling, en die elk afzonderlijk kunnen handelen, om zowel naar aanleiding van deze als vroegere of to",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Daan Dierickx",
"firm_city": null,
"firm_name": "Rechtszekerheid Antwerpen 3",
"office_city": "Antwerpen-Berchem",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-12-28",
"filing_date": "2023-12-22",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-21",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0721.706.229",
"name_full": "SABATINO",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Daan Dierickx",
"org_rep_person_name": null,
"person_role_at_subject": "geassocieerd notaris"
},
"co_filed_documents": [
"expeditie van de akte met de tekst van de statuten vervat",
"geco\u00F6rdineerde tekst van de statuten en historiek van statutenwijzigingen"
],
"corrected_publication_numac": null
}| Legal nameNL | SABATINO |