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SABBE JOHAN

Active
Private limited companyfounded 200421 yrs activeOverheulestraat 208, 8560 Wevelgem, BelgiumKBO/BCE: BE 0867.869.985

SABBE JOHAN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €174k and a net result of €-22k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
66 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability4▼-64
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 18.27 against 15.05 in 2023; short-term debt: 4.7% and cash: 62.1% of total assets), and 4.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
95.2%
Return on assets
-12.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-22k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
57 d early
2023
55 d early
2022
54 d early
2021
74 d early
2020
53 d early
2019
57 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€174k▼ 11.4%
2023 · €196k
2018: €180k 2019: €182k 2020: €181k 2021: €181k 2022: €198k 2023: €196k
2018 → 2024
Total assets
€183k▼ 13.5%
2023 · €211k
2018: €193k 2019: €186k 2020: €189k 2021: €209k 2022: €227k 2023: €211k
2018 → 2024
Net result
€-22k▼ 1,151%
2023 · €-2k
2018: €13k 2019: €2k 2020: €-1k 2021: €219 2022: €17k 2023: €-2k
2018 → 2024
Working capital
€148k▼ 11.6%
2023 · €168k
2018: €159k 2019: €151k 2020: €157k 2021: €170k 2022: €161k 2023: €168k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€181k-€181k▲ 0.1%€198k▲ 9.6%€196k▼ 0.9%€174k▼ 11.4%
Operating result€-741-€367€22k▲ 5,969%€-3k€-24k▼ 680%
Net result€-1k-€219€17k▲ 7,847%€-2k€-22k▼ 1,151%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €-741€-741Net result 2020: €-1k€-1kOperating result 2021: €367€367Net result 2021: €219€219Operating result 2022: €22k€22kNet result 2022: €17k€17kOperating result 2023: €-3k€-3kNet result 2023: €-2k€-2kOperating result 2024: €-24k€-24kNet result 2024: €-22k€-22k20202021202220232024
The operating result stays negative: a loss of €24k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €183k
Fixed assets €26k▼ 18.2%
Current assets €157k▼ 12.7%
Equity and liabilities €183k
Equity €174k▼ 11.4%
Debt €9k▼ 42.1%
The debt ratio falls from 7.1% to 4.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-13k
2023 · €13k
Cash flow
€-11k
2023 · €14k
Solvency
95.2%
2023 · 92.9%
Current ratio
18.27
2023 · 15.05
Quick ratio
14.78
2023 · 9.86
Debt / equity
0.05
2023 · 0.08
ROE
-12.8%
2023 · -0.9%
ROA
-12.2%
2023 · -0.8%
Interest coverage
-375.70
2023 · 25.59
Debt
€9k
2023 · €15k
Debt ≤ 1 year
€9k
2023 · €12k
Staff costs
€56k
2023 · €55k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€211k€183k
Fixed assets21/28€32k€26k
Tangible fixed assets22/27€31k€26k
Land and buildings22€27k€18k
Plant, machinery and equipment23€4k€7k
Furniture and vehicles24€637€700
Financial fixed assets28€100€100=
Current assets29/58€180k€157k
Stocks and contracts in progress3€62k€30k
Contracts in progress37€62k€30k
Amounts receivable within one year40/41€39k€11k
Trade receivables40€37k€8k
Other amounts receivable41€2k€2k
Cash at bank and in hand54/58€78k€114k
Deferred charges and accrued income490/1€1k€3k
Equity and liabilities
Total equity and liabilities10/49€211k€183k
Equity10/15€196k€174k
Contributions10/11€19k€19k=
Reserves13€180k€180k=
Tax-exempt reserves132€54k€54k=
Distributable reserves133€126k€126k=
Profit (loss) carried forward14€-3k€-25k
Amounts payable17/49€15k€9k
Amounts payable within one year42/48€12k€9k
Trade debts44€4k€4k
Suppliers440/4€4k€4k
Taxes, remuneration and social security45€8k€4k
Taxes450/3€8k€4k
Other amounts payable47/48€206€491
Accrued charges and deferred income492/3€3k€138
Income statement Code20232024
Remuneration, social security and pensions62€55k€56k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€12k
Other operating charges640/8€3k€3k
Gross operating margin9900€70k€46k
Operating profit (loss)9901€-3k€-24k
Financial income75/76B€2k€2k
Recurring financial income75€2k€2k
Financial charges65/66B€489€34
Recurring financial charges65€489€34
Profit (loss) for the period before taxes9903€-2k€-22k
Income taxes67/77€258-
Profit (loss) for the period9904€-2k€-22k
Profit (loss) for the period to be appropriated9905€-2k€-22k
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-25k
Profit (loss) brought forward from the previous period14P€-794€-3k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
04-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
06-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €17k ▲7847%
Operating result €22k, net result €17k, both a record.
18-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €219
Net result €219 after one loss-making year.
08-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
30-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Wevelgem · 1 establishment unit since 2004
establishment The establishment unit on the map
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.

Overheulestraat 2088560 Wevelgem
Ground area
1,434 m²
Building footprint
223 m²
Volume, LiDAR
1,440 m³
Parcel 34029B0702/00D000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sabbe Johan
Overheulestraat 208, 8560 WevelgemManufacture of chemicals and chemical products
since 20042.142.293.993
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34029B0702/00D000 Flanders 1,434 m² 1 · 223 m² 10.7 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 288 EUR awarded · 288 EUR paid
Year Entries awardedpaid
2025 1 288 EUR288 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 288 EUR · 288 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

3 ended

Similar companies · same sector, comparable size

Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 12,357 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-10-2004
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
43120Site preparation
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.