NORMAL SITUATION

Saro Projects

Financial year 2024 · closed on 10/09/2024
Net result
-30,1 k €
-116.6% YoY
Gross margin
24,3 k €
-88.5% YoY
Equity
2,4 M €
-19.8% YoY

Company — Normal situation.

What does Saro Projects do?

Saro Projects is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0871.885.290
Legal form
Private limited company
Contributed capital
65 999,00 €
Latest accounts
10/09/2024
Signals
Solid equityPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220202019201820172016201520142013201220112010200920082007
Income statement
Gross margin24,3 k €211,6 k €154,9 k €27,3 k €21,2 k €11,6 k €19,2 k €9,3 k €108 k €48,8 k €30,3 k €-2,7 k €39,7 k €40,7 k €4,3 k €-2,2 k €-457,7 €
EBITDA21,8 k €209,9 k €152,2 k €24,8 k €18,8 k €9,2 k €16,7 k €7,5 k €106,4 k €47,8 k €15 k €-3,3 k €39,3 k €40,2 k €3,9 k €-2,6 k €-911,2 €
Operating result21,8 k €207,5 k €139,2 k €9,2 k €3,2 k €-6,6 k €2,7 k €-4,6 k €93,8 k €37,1 k €5,2 k €-3,3 k €39,3 k €40,2 k €3,9 k €-2,6 k €-911,2 €
Net result-30,1 k €180,8 k €600,5 k €3,5 k €-1,9 k €-598,5 €-1,8 k €-6,7 k €55,7 k €23,7 k €4,1 k €-3,9 k €25,6 k €26,2 k €3,8 k €-2,6 k €-932,3 €
Balance sheet
Equity2,4 M €3 M €3 M €463,4 k €514,4 k €516,3 k €516,9 k €518,7 k €140,4 k €84,8 k €61,1 k €56,9 k €60,9 k €35,3 k €9,2 k €5,3 k €7,9 k €
Total assets2,4 M €3,1 M €3,4 M €798,4 k €801,9 k €824,1 k €824,8 k €740,8 k €376,7 k €382 k €301,7 k €99,1 k €91,9 k €67,6 k €12,8 k €5,9 k €7,9 k €
Cash92,3 k €126,3 k €1,1 M €44,7 k €217,2 k €146,1 k €132 k €283,1 €57,9 k €43,6 k €11,8 k €4,7 k €22,5 k €12,8 k €5,4 k €7,7 k €
Debts131,7 k €392 k €334,7 k €287,5 k €303,3 k €307,8 k €222,1 k €236,3 k €274,7 k €223,8 k €42,2 k €31 k €30,7 k €3,7 k €578,7 €
Governance

Board of directors

Seen on filing of 10/09/2024 · 2 active · 4 ended

Active mandates

Geert Bogaert

Director

Active
Sabine Vanhee

Director

Active

Ended mandates

Francis Menten

Manager

Ended
Geert Bogaert

Manager

Ended
HENK KNOCKAERT

Manager

Ended
Sabine Vanhee

Manager

Ended
Annual accounts

Full financial information

202420232022202020192018
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202001/01/201901/01/2018
Closing of the financial year10/09/202431/12/202331/12/202231/12/202031/12/201931/12/2018
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date28/11/202430/08/202430/08/202331/08/202131/08/202030/08/2019
General meeting15/06/202415/06/202315/06/202115/06/202015/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model10/09/202428/11/2024DutchPDF
Abridged model31/12/202315/06/202430/08/2024DutchPDF
Micro model31/12/202215/06/202330/08/2023DutchPDF
Micro model31/12/202015/06/202131/08/2021DutchPDF
Micro model31/12/201915/06/202031/08/2020DutchPDF
Micro model31/12/201815/06/201930/08/2019DutchPDF
Micro model31/12/201715/06/201831/07/2018DutchPDF
Micro model31/12/201615/06/201731/08/2017DutchPDF
Abridged model31/12/201515/06/201631/08/2016DutchPDF
Abridged model31/12/201415/06/201530/06/2015DutchPDF
Abridged model31/12/201315/06/201430/06/2014DutchPDF
Abridged model31/12/201215/06/201330/08/2013DutchPDF
Abridged model31/12/201115/06/201231/08/2012DutchPDF
Abridged model31/12/201015/06/201123/11/2011DutchPDF
Abridged model31/12/200915/06/201027/01/2011DutchPDF
Abridged model31/12/200815/06/200916/06/2009DutchPDF
Abridged model31/12/200715/06/200820/06/2008DutchPDF
Abridged model31/12/200615/06/200724/07/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 10/09/2024 · 2 active · 4 ended

Active mandates

Geert Bogaert

Director

Active
Sabine Vanhee

Director

Active

Ended mandates

Francis Menten

Manager

Ended
Geert Bogaert

Manager

Ended
HENK KNOCKAERT

Manager

Ended
Sabine Vanhee

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-30,1 k €
  2. 2023
    Annual accounts 2023180,8 k €
  3. 2022
    Annual accounts 2022600,5 k €
  4. 2020
    Annual accounts 20203,5 k €
  5. 2019
    Annual accounts 2019-1,9 k €
  6. 2018
    Annual accounts 2018-598,5 €
  7. 2017
    Annual accounts 2017-1,8 k €
  8. 2016
    Annual accounts 2016-6,7 k €
  9. 2015
    Annual accounts 201555,7 k €
  10. 2014
    Annual accounts 201423,7 k €
  11. 2013
    Annual accounts 20134,1 k €
  12. 2012
    Annual accounts 2012-3,9 k €
  13. 2011
    Annual accounts 201125,6 k €
  14. 2010
    Annual accounts 201026,2 k €
  15. 2009
    Annual accounts 20093,8 k €
  16. 2008
    Annual accounts 2008-2,6 k €
  17. 2007
    Annual accounts 2007-932,3 €