Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SASIRO from Saint-Ghislain, company number BE0476451825, closed financial year 2025 with a result of € 28,320 after tax. For that financial year SASIRO recorded a gross margin of € 96,771 and equity of € -75,685. Compared with financial year 2024, the result moved from € -36,002 to € 28,320. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -75,685
▲ € 28,320 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,320
▲ still € 36,002 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -162,785.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 19,299
▼ 38% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 430
▼ 88% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 104,797
▼ 29% vs 2024
€ 42,366 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 518
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,210
▲ 107% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -22,053 | € 79,642 | € 139,811 | € 96,771 | ▼ 31% |
| Profit after taxes | € -86,074 | € 4,994 | € -36,002 | € 28,320 | ▲ € 64,322 |
| Equity | € -72,996 | € -68,002 | € -104,004 | € -75,685 | ▲ € 28,320 |
| Total debts | € 269,835 | € 275,708 | € 268,050 | € 235,249 | ▼ 12% |
| Cash | € 15,916 | - | € 4,638 | - | |
| Retained profit | € -160,096 | € -155,102 | € -191,104 | € -162,785 | ▲ € 28,320 |
| Bank debt | € 187,731 | € 178,430 | € 147,924 | € 104,797 | ▼ 29% |
| Balance sheet total | € 196,839 | € 207,706 | € 164,046 | € 159,564 | ▼ 3% |
Key figures of SASIRO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SASIRO?
What happened at SASIRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,320. filed late Source: NBB ↗
- SALVATORE CUTAIA became a director. NBB
- New establishment in Saint-Ghislain. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,074 loss in 2022 to € 28,320 profit in 2025.
Paid € 3,437 in corporate taxes since 2022.
Best year ever: 2025, with € 28,320 profit.
Management
Behind SASIRO is SALVATORE CUTAIA. SALVATORE CUTAIA is also behind SASI IMMO.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Grande(SG) 75
7330 Saint-Ghislain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.451.825
- VAT number
- BE 0476.451.825
- Registered office
- Rue Grande(SG) 75, 7330 Saint-Ghislain
- Names & denominations
- SASIRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2001
- Peppol
- Active · Active since 25 Sept 2024
- Activities · NACE
Catering van evenementen
Uitzendkoks en verzorgen van feesten en recepties
Restaurants van het traditionele type
Detailhandel in alcoholische en andere dranken
Activiteiten van eetgelegenheden met volledige bediening
Detailhandel in dranken, algemeen assortiment
Eetgelegenheden met volledige bediening