Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
SADIE-TOAST from Izegem, company number BE0461372679, closed financial year 2026 with a result of € 1,831 after tax. For that financial year SADIE-TOAST recorded a gross margin of € 630,078 and equity of € 496,196. Compared with financial year 2025, the result moved from € 68,245 to € 1,831. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 496,196
▼ 42% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,831
▼ 97% vs 2025
Profit after tax over the fiscal year.
€ 38,209
▲ 222% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 355,098 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
7.9
▲ 1.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 429,177
▲ 46% vs 2025
€ 54,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,147
▼ 49% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 465,176
▼ 13% vs 2025
€ 94,712 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 587,797
▲ 94% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 51,398
▼ 1% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 709,841 | € 793,425 | € 606,357 | € 630,078 | ▲ 4% |
| Profit after taxes | € 78,840 | € 167,075 | € 68,245 | € 1,831 | ▼ 97% |
| Equity | € 676,904 | € 781,218 | € 849,462 | € 496,196 | ▼ 42% |
| Total debts | € 594,252 | € 734,218 | € 895,389 | € 1,214,162 | ▲ 36% |
| Cash | € 64,894 | € 36,039 | € 11,868 | € 38,209 | ▲ 222% |
| Retained profit | € 595,551 | € 762,626 | € 830,870 | € 477,604 | ▼ 43% |
| Dividend | € 148,701 | € 0 | € 0 | € 355,098 | |
| Bank debt | € 360,881 | € 253,067 | € 533,925 | € 465,176 | ▼ 13% |
| Balance sheet total | € 1,271,157 | € 1,515,435 | € 1,744,852 | € 1,710,357 | ▼ 2% |
| Employees (FTE) | 7.5 | 7 | 6 | 7.9 | ▲ 1.9 |
Key figures of SADIE-TOAST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SADIE-TOAST?
What happened at SADIE-TOAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 1,831 (▼ 97% vs 2025). Source: NBB ↗
- Vancal bv became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,840 profit in 2023 to € 1,831 profit in 2026.
Paid € 174,421 in corporate taxes since 2023.
Best year ever: 2024, with € 167,075 profit.
On average € 79,800 of value added per employee in 2026.
Management
Behind SADIE-TOAST is Vancal bv.
Directors
According to the 2026 annual accounts
Director · represented by Vanhaeverbeke Saskia
since 2026
Establishments
Establishment units
Physical locations of this company
Koekoekstraat 15
8870 Izegem
Ambachtstraat 16a
8820 Torhout
Active since 1 June 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.372.679
- VAT number
- BE 0461.372.679
- Registered office
- Koekoekstraat 15, 8870 Izegem
- Names & denominations
- SADIE-TOAST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 1997
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Vervaardiging van bereide maaltijden en schotels
Vervaardiging van andere voedingsmiddelen, neg
Vervaardiging van overige voedingsmiddelen, n.e.g.
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen