SARO
ActiveSARO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €14k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 86% of 12646 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-26
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 4.8 against 3.95 in 2024), and 25.6% 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 risk○neutral
raises risk · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.4%
Return on assets
6.1%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
7 d early
2023
2 d early
2022
38 d early
2021
32 d early
2020
39 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close07-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€178k▼ 4.6%
2024 · €186k
2020: €167k
2021: €174k
2022: €184k
2023: €192k
2024: €186k
2020 → 2025
Total assets
€239k▼ 12.2%
2024 · €272k
2020: €188k
2021: €186k
2022: €220k
2023: €258k
2024: €272k
2020 → 2025
Net result
€14k▼ 41.9%
2024 · €25k
2020: €25k
2021: €11k
2022: €33k
2023: €26k
2024: €25k
2020 → 2025
Working capital
€163k▼ 8.4%
2024 · €178k
2020: €164k
2021: €169k
2022: €180k
2023: €169k
2024: €178k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€174k-€184k▲ 5.8%€192k▲ 4.1%€186k▼ 2.9%€178k▼ 4.6%
Operating result€8k-€43k▲ 451%€39k▼ 8.7%€31k▼ 20.8%€20k▼ 33.9%
Net result€11k-€33k▲ 203%€26k▼ 22.5%€25k▼ 2.6%€14k▼ 41.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €239k
Fixed assets
€33k▼ 1.8%
Current assets
€206k▼ 13.6%
Equity and liabilities €239k
Equity
€178k▼ 4.6%
Debt
€61k▼ 28.6%
The debt ratio falls from 31.6% to 25.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€27k▼
2024 · €36k
Cash flow
€21k▼
2024 · €30k
Solvency
74.4%▲
2024 · 68.4%
Current ratio
4.80▲
2024 · 3.95
Quick ratio
4.70▲
2024 · 3.90
Debt / equity
0.34▼
2024 · 0.46
ROE
8.2%▼
2024 · 13.4%
ROA
6.1%▼
2024 · 9.2%
Interest coverage
596.05▲
2024 · 150.77
Debt
€61k▼
2024 · €86k
Debt ≤ 1 year
€43k▼
2024 · €60k
Income taxes
€6k▼
2024 · €9k
Staff costs
€8k▼
2024 · €11k
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 · 2025 against 2024
Balance sheet
Code20242025
Total assets20/58€272k€239k▼
Fixed assets21/28€33k€33k▼
Tangible fixed assets22/27€33k€33k▼
Current assets29/58€239k€206k▼
Stocks & contracts in progress3€3k€4k▲
Amounts receivable within one year40/41€5k€6k▲
Investments50/53€31k€31k▲
Cash & bank54/58€185k€163k▼
Total equity & liabilities10/49€272k€239k▼
Equity10/15€186k€178k▼
Contributions / capital10/11€19k€19k=
Reserves13€165k€156k▼
Accumulated profits (losses)14€3k€4k▲
Amounts payable17/49€86k€61k▼
Amounts payable within one year42/48€60k€43k▼
Trade debts payable within one year44€1k€3k▲
Income statement
Code20242025
Gross operating margin9900€51k€41k▼
Operating result9901€31k€20k▼
Financial income75€1k€107▼
Financial charges65€240€45▼
Result before taxes9903€34k€21k▼
Income taxes67/77€9k€6k▼
Net result for the period9904€25k€14k▼
Result to be appropriated9905€25k€14k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
24-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2020net €33k ▲203%
Operating result €43k, net result €33k, both a record.
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €11k ▼55.5%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
J FULL MOON
BE 0684.445.559
Brussel · Eq €177k
Brasilia
BE 0414.848.610
Liège · Eq €177k
NIVELLES ICE CREAM
BE 0598.720.424
Zaventem · Eq €177k
CPT
BE 0715.404.001
Zoersel · Eq €178k
METROPOLY
BE 0898.575.633
Leuven · Eq €177k
Of 13,827 companies in sector 56301 we hold annual accounts for 4,707. 3,151 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-1995
Fiscal year end30-06
Activities, NACEBEL
55401
56301Cafés and bars
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 18-07-2026. Scores and ratios are computed by Checked and are not a credit decision.