SAROEN
ActiveSummary
SAROEN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €647k and a net result of €199k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+9
Solvency89=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.9 against 3.42 in 2023; short-term debt: 22.5% and cash: 14.9% of total assets), and 36.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
63.5%
Return on assets
19.5%
Age of the figures
21 mo
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 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
1 d late
2022
20 d early
2021
33 d early
2020
33 d early
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€647k▲ 2.5%
2023 · €631k
2018: €395k
2019: €509k
2020: €515k
2021: €504k
2022: €547k
2023: €631k
2018 → 2024
Total assets
€1.02M▲ 3.9%
2023 · €980k
2018: €880k
2019: €902k
2020: €928k
2021: €906k
2022: €924k
2023: €980k
2018 → 2024
Net result
€199k▲ 70.5%
2023 · €116k
2018: €69k
2019: €114k
2020: €73k
2021: €150k
2022: €102k
2023: €116k
2018 → 2024
Working capital
€434k▲ 1.4%
2023 · €428k
2018: €176k
2019: €291k
2020: €300k
2021: €289k
2022: €339k
2023: €428k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€515k-€504k▼ 2.2%€547k▲ 8.6%€631k▲ 15.2%€647k▲ 2.5%
Operating result€107k-€197k▲ 83.9%€154k▼ 22.1%€186k▲ 21.3%€271k▲ 45.4%
Net result€73k-€150k▲ 106%€102k▼ 32.1%€116k▲ 14.1%€199k▲ 70.5%
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 45% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€355k ▼ 5.3%
Current assets
€663k ▲ 9.6%
Equity and liabilities €1.02M
Equity
€647k ▲ 2.5%
Debt
€371k ▲ 6.3%
Debt's share of the balance-sheet total rises from 35.6% to 36.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€311k▲
2023 · €225k
Cash flow
€238k▲
2023 · €155k
Current ratio
2.90▼
2023 · 3.42
Debt to equity
0.57▲
2023 · 0.55
ROE
30.7%▲
2023 · 18.5%
ROA
19.5%▲
2023 · 11.9%
Interest coverage
19.67▲
2023 · 14.07
Debt ≤ 1 year
€229k▲
2023 · €177k
Debt > 1 year
€142k▼
2023 · €172k
Income taxes
€86k▲
2023 · €56k
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 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€980k€1.02M▲
Fixed assets21/28€375k€355k▼
Tangible fixed assets22/27€375k€355k▼
Land and buildings22€365k€328k▼
Plant, machinery and equipment23€9k€26k▲
Furniture and vehicles24€610€410▼
Current assets29/58€605k€663k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€35k€32k▼
Trade receivables40€35k€30k▼
Other amounts receivable41€0€2k▲
Current investments50/53€499k€480k▼
Cash at bank and in hand54/58€71k€151k▲
Deferred charges and accrued income490/1€0€280▲
Equity and liabilities
Total equity and liabilities10/49€980k€1.02M▲
Equity10/15€631k€647k▲
Contributions10/11€6k€6k=
Reserves13€624k€640k▲
Non-distributable reserves130/1€28k€0▼
Reserves not available under the articles1311€28k€0▼
Distributable reserves133€596k€640k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€349k€371k▲
Amounts payable after more than one year17€172k€142k▼
Financial debts170/4€172k€142k▼
Amounts payable within one year42/48€177k€229k▲
Current portion of amounts payable after more than one year42€30k€32k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€26k€35k▲
Taxes450/3€26k€35k▲
Other amounts payable47/48€119k€158k▲
Accrued charges and deferred income492/3€562€589▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€40k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-29k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€230k€288k▲
Operating profit (loss)9901€186k€271k▲
Financial income75/76B€2k€30k▲
Recurring financial income75€2k€5k▲
Non-recurring financial income76B-€25k
Financial charges65/66B€16k€16k▼
Recurring financial charges65€16k€16k▼
Profit (loss) for the period before taxes9903€172k€285k▲
Income taxes67/77€56k€86k▲
Profit (loss) for the period9904€116k€199k▲
Profit (loss) for the period to be appropriated9905€116k€199k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€199k▲
Transfer from equity791/2€33k€183k▲
Transfer to equity691/2€116k€199k▲
To other reserves6921€116k€199k▲
Profit to be distributed694/7€33k€183k▲
Return on contributions (dividend)694€33k€183k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €199k ▲70.5%
Operating result €271k, net result €199k, both a record.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
31-12
Financial
Equity above €500kEq €509k ▲28.9%
2 profitable years in a row build equity to €509k.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
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
3 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, Mechelen · 1 establishment unit since 2006
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.
Sint-Lambertuslaan(MZN) 502812 MechelenGround area
1,051 m²
Building footprint
148 m²
Volume, LiDAR
814 m³
Parcel 12409A0268/00E003, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAROEN BVBA
since 20062.153.317.351
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409A0268/00E003 | Flanders | 1,051 m² | 1 · 148 m² | 6.8 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.
Similar companies · same sector, comparable size
FINBEHEER
BE 0441.708.504
Kruisem · Eq €646,725
CAULIER IMMOBILIER
BE 0447.122.191
Leuze-en-Hainaut · Eq €646,518
NiThi MANAGEMENT
BE 0762.697.835
Chaudfontaine · Eq €646,457
MORETUS CONSULTANCY
BE 0861.544.793
Essen · Eq €646,911
JADHER
BE 0833.915.532
Anderlecht · Eq €646,976
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 32,373 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
Founded29-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.