SAKO GROEP

Active

Private limited companyfounded 20188 yrs activeWinevenstraat 6, 3620 Lanaken, BelgiumKBO/BCE: BE 0696.883.533

Summary

The computed 12-month bankruptcy probability of SAKO GROEP is 2.5% (moderate). The 2024 annual accounts show equity of €30k and a net result of €30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 727 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

58 / 100

Fair

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

Axes · tick = 2023

Profitability97▼-3

Solvency48▼-35

Growth71▼-13

Track record100

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity tight (current ratio 1.04 against 2.28 in 2023; short-term debt: 76.7% and cash: 23.9% of total assets), and 76.7% 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.

+raises risk○neutral

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 53

Relative position

BE, all sectors

reference

Sector 53

higher

← fewer bankruptcies more bankruptcies →

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

23.3%

Return on assets

22.9%

Age of the figures

21 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

2 d early

2022

29 d late

2021

23 d early

2020

24 d early

2019

27 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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

€486k▼ 12.6%

2020 · €555k

2019: €341k 2020: €555k

2019 → 2021

EBIT margin

-9.7%▼ 11.6pp

2020 · 1.9%

2019: 10.0% 2020: 1.9%

2019 → 2021

Net result

€30k▼ 55.4%

2023 · €67k

2019: €25k 2020: €5k 2021: €-50k 2022: €19k 2023: €67k

2019 → 2024

Working capital

€4k▼ 95.0%

2023 · €71k

2019: €19k 2020: €24k 2021: €-16k 2022: €8k 2023: €71k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€555k-€486k▼ 12.6%

Equity€37k-€-10k€9k€76k▲ 733%€30k▼ 60.2%

Operating result€11k-€-47k€15k€84k▲ 472%€42k▼ 49.6%

Net result€5k-€-50k€19k€67k▲ 254%€30k▼ 55.4%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 50% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €131k

20.5%

79.5%

Fixed assets €27k ▲ 406%

Current assets €104k ▼ 17.9%

Equity and liabilities €131k

23.3%

76.7%

Equity €30k ▼ 60.2%

Debt €100k ▲ 80.6%

Debt's share of the balance-sheet total rises from 42.1% to 76.7%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€45k▼

2023 · €86k

Cash flow

€32k▼

2023 · €69k

Current ratio

1.04▼

2023 · 2.28

Debt to equity

3.30▲

2023 · 0.73

ROE

98.6%▲

2023 · 88.0%

ROA

22.9%▼

2023 · 50.9%

Interest coverage

17.17▼

2023 · 36.75

Debt ≤ 1 year

€100k▲

2023 · €55k

Income taxes

€10k▼

2023 · €15k

Staff costs

€455k▲

2023 · €252k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines

Balance sheet Code20232024

Assets

Total assets20/58€132k€131k▼

Fixed assets21/28€5k€27k▲

Tangible fixed assets22/27€5k€27k▲

Plant, machinery and equipment23-€4k

Furniture and vehicles24€5k€22k▲

Current assets29/58€126k€104k▼

Amounts receivable within one year40/41€100k€54k▼

Trade receivables40€35k€44k▲

Other amounts receivable41€65k€10k▼

Cash at bank and in hand54/58€27k€31k▲

Deferred charges and accrued income490/1-€19k

Equity and liabilities

Total equity and liabilities10/49€132k€131k▼

Equity10/15€76k€30k▼

Contributions10/11€9k€19k▲

Reserves13€2k-

Non-distributable reserves130/1€2k-

Reserves not available under the articles1311€2k-

Profit (loss) carried forward14€65k€12k▼

Amounts payable17/49€55k€100k▲

Amounts payable within one year42/48€55k€100k▲

Trade debts44€4k€38k▲

Suppliers440/4€4k€38k▲

Taxes, remuneration and social security45€51k€62k▲

Taxes450/3€42k€60k▲

Remuneration and social security454/9€10k€2k▼

Income statement Code20232024

Remuneration, social security and pensions62€252k€455k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲

Other operating charges640/8€2k€6k▲

Gross operating margin9900€340k€506k▲

Operating profit (loss)9901€84k€42k▼

Financial income75/76B€0€4▲

Recurring financial income75€0€1▲

Non-recurring financial income76B-€3

Financial charges65/66B€2k€3k▲

Recurring financial charges65€2k€3k▲

Profit (loss) for the period before taxes9903€82k€40k▼

Income taxes67/77€15k€10k▼

Profit (loss) for the period9904€67k€30k▼

Profit (loss) for the period to be appropriated9905€67k€30k▼

Appropriation of the result

Profit (loss) to be appropriated9906€65k€82k▲

Profit (loss) brought forward from the previous period14P€-2k€52k▲

Profit to be distributed694/7-€70k

Return on contributions (dividend)694-€70k

The notes to these accounts (7 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 9Financial 3Filings 6

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

29-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2019net €67k ▲254%

Operating result €84k, net result €67k, both a record.

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

2022

31-12

Financial Back to profitnet €19k

Net result €19k after one loss-making year.

08-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Weakest financial yearnet €-50k ▼1032%

Net result drops to €-50k, the lowest in the series; recovery starts the following year.

07-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

27-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 27 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Lanaken · 1 establishment unit since 2018

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.

Winevenstraat 63620 Lanaken

Ground area

1,151 m²

Building footprint

160 m²

Volume, LiDAR

1,050 m³

Parcel 73088A0886/00D000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Sako Groep

Winevenstraat 6, 3620 LanakenNon-scheduled passenger transport by road

since 20182.276.176.066

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73088A0886/00D000	Flanders	1,151 m²	1 · 160 m²	9.9 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

Parcel delivery

Notified to the BIPT

since 01-05-2024

Similar companies · same sector, comparable size

BAKHTYARI

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SAYEN SOLUTIONS

BE 0775.631.794

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YVZ

BE 1019.425.458

Houthalen-Helchteren · Eq €30,484

Of 4,915 companies in sector 53200 we hold annual accounts for 1,329. 1,104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded29-05-2018

Fiscal year end31-12

Activities, NACEBEL 2025

53200Other postal and courier activities

49330On-demand passenger transport by chauffeured vehicle

49410Freight transport by road

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.