Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SARNEL from Pajottegem, company number BE0478615519, closed financial year 2025 with a result of € -400 after tax. For that financial year SARNEL recorded a gross margin of € -400 and equity of € -11,738. Compared with financial year 2024, the result moved from € -185 to € -400. The company made a loss. 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 July 27, 2026.
€ -11,738
▼ € 399 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -400
▼ 116 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18,438.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 10,000
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -911 | € -786 | € -185 | € -400 | ▼ € 214 |
| Profit after taxes | € -911 | € -786 | € -185 | € -400 | ▼ € 214 |
| Equity | € -10,367 | € -11,153 | € -11,338 | € -11,738 | ▼ € 399 |
| Total debts | € 10,367 | € 11,153 | € 11,338 | € 11,738 | ▲ 4% |
| Retained profit | € -17,067 | € -17,853 | € -18,038 | € -18,438 | ▼ € 399 |
| Bank debt | € 10,000 | € 10,000 | € 10,000 | € 10,000 |
Key figures of SARNEL, 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 SARNEL?
What happened at SARNEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 400. Source: NBB ↗
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 911 loss in 2022 to € 400 loss in 2025.
Management
Behind SARNEL is Sara Hannon.
Directors
According to the 2025 annual accounts
Sara Hannon
Director
Establishments
Establishment units
Physical locations of this company
Heuvelstraat 12
1755 Pajottegem
Edingsesteenweg 221
1755 Pajottegem
Active since 13 November 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.615.519
- VAT number
- BE 0478.615.519
- Registered office
- Heuvelstraat 12, 1755 Pajottegem
- Names & denominations
- SARNEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2002
- Peppol
- Not registered