SADAY

Active

Private limited companyfounded 201313 yrs activeRooseveltlaan (Franklin) 187, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0525.796.913

The computed 12-month bankruptcy probability of SADAY is 1.6% (moderate). The 2024 annual accounts show equity of €77k and a net result of €12k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 18942 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

81 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability84▲+18

Solvency100=

Growth52=

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days acceptable

Liquidity ample (current ratio 4.36 against 5.04 in 2023; short-term debt: 19.9% and cash: 51.2% of total assets), and 19.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

64 d late

2023

65 d late

2022

57 d late

2021

23 d late

2020

105 d late

2019

19 d early

← before the deadline after the deadline →

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

Turnover

€69k▼ 64.0%

2019 · €191k

2018: €145k 2019: €191k

2018 → 2020

EBIT margin

18.6%▲ 14.2pp

2019 · 4.4%

2018: -3.0% 2019: 4.4%

2018 → 2020

Net result

€12k▲ 435%

2023 · €2k

2018: €-3k 2019: €5k 2020: €13k 2021: €10k 2022: €130 2023: €2k

2018 → 2024

Working capital

€64k▲ 1.3%

2023 · €63k

2018: €21k 2019: €30k 2020: €52k 2021: €59k 2022: €59k 2023: €63k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€69k-

Equity€53k-€62k▲ 18.1%€63k▲ 0.2%€65k▲ 3.6%€77k▲ 18.6%

Operating result€13k-€10k▼ 23.8%€337▼ 96.5%€3k▲ 854%€32k▲ 907%

Net result€13k-€10k▼ 27.4%€130▼ 98.6%€2k▲ 1,635%€12k▲ 435%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 907% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €96k

13.4%

86.6%

Fixed assets €13k▲ 684%

Current assets €83k▲ 5.4%

Equity and liabilities €96k

80.1%

19.9%

Equity €77k▲ 18.6%

Debt €19k▲ 21.8%

The debt ratio rises from 19.4% to 19.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€34k▲

2023 · €5k

Cash flow

€14k▲

2023 · €4k

Solvency

80.1%▼

2023 · 80.6%

Current ratio

4.36▼

2023 · 5.04

Quick ratio

4.33▼

2023 · 5.00

Debt / equity

0.25▲

2023 · 0.24

ROE

15.7%▲

2023 · 3.5%

ROA

12.6%▲

2023 · 2.8%

Interest coverage

65.21▲

2023 · 5.30

Debt

€19k▲

2023 · €16k

Debt ≤ 1 year

€19k▲

2023 · €16k

Income taxes

€20k

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€81k€96k▲

Formation expenses20€0€0=

Fixed assets21/28€2k€13k▲

Tangible fixed assets22/27€2k€13k▲

Furniture and vehicles24€2k€13k▲

Current assets29/58€79k€83k▲

Stocks and contracts in progress3€612€612=

Stocks30/36€612€612=

Amounts receivable within one year40/41€46k€33k▼

Trade receivables40€45k€32k▼

Other amounts receivable41€2k€2k▲

Cash at bank and in hand54/58€32k€49k▲

Equity and liabilities

Total equity and liabilities10/49€81k€96k▲

Equity10/15€65k€77k▲

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€45k€57k▲

Amounts payable17/49€16k€19k▲

Amounts payable within one year42/48€16k€19k▲

Trade debts44€12k€16k▲

Suppliers440/4€12k€16k▲

Taxes, remuneration and social security45€3k€3k=

Taxes450/3€3k€3k=

Other amounts payable47/48€320€16▼

Income statement Code20232024

Remuneration, social security and pensions62€11k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼

Other operating charges640/8€3k€3k▼

Non-recurring operating charges66A-€20k

Gross operating margin9900€19k€57k▲

Operating profit (loss)9901€3k€32k▲

Financial charges65/66B€958€522▼

Recurring financial charges65€958€522▼

Profit (loss) for the period before taxes9903€2k€32k▲

Income taxes67/77-€20k

Profit (loss) for the period9904€2k€12k▲

Profit (loss) for the period to be appropriated9905€2k€12k▲

Appropriation of the result

Profit (loss) to be appropriated9906€45k€57k▲

Profit (loss) brought forward from the previous period14P€42k€45k▲

The notes to these accounts (5 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

All 12Financial 2Filings 10

2025

03-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 64 days late

2024

04-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 65 days late

2023

26-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 57 days late

2022

23-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 23 days late

2021

13-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 105 days late

2020

31-12

Financial Highest result since 2018net €13k ▲144%

Net result €13k, the highest in the series.

12-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Back to profitnet €5k

Net result €5k after one loss-making year.

16-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

03-10

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 64 days late

2017

23-10

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 84 days late

2015

08-01

NBB filing Annual accounts filed

fiscal year 2013 · full schema · 161 days late

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, Vilvoorde · 1 establishment unit since 2013

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.

Rooseveltlaan (Franklin) 1871800 Vilvoorde

Ground area

153 m²

Building footprint

149 m²

Volume, LiDAR

1,394 m³

Parcel 23642D0046/00N000, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

SADAY

Rooseveltlaan (Franklin) 187-189, 1800 VilvoordeCafés and bars

since 20132.218.604.289

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23642D0046/00N000	Flanders	153 m²	1 · 149 m²	14.7 m · 4 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

Food safety, FASFC

1 site

Vilvoorde2.218.604.289

1 permission

Drankgelegenheid · since 01-02-2018

Similar companies · same sector, comparable size

Sint-Niklaas · Eq €77k

Sint-Gillis (bij-Brussel) · Eq €77k

STEIN

BE 0431.855.381

Namur · Eq €77k

Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,870 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded08-04-2013

Fiscal year end31-12

Activities, NACEBEL

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.