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SADT

Active
Private limited company (pre-2019)·Administratieve en ondersteunende activiteiten ten behoeve van kantoren· 11 yrs active
Herkkantstraat 66 ·3510 Hasselt, Belgium
Open bankruptcy
KBO/BCE: BE 0506.918.535
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Age11 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for SADT according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €15k and a net result of €1k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
29-03-2023
Bankruptcy Opening
Date: 23-03-2023 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · SADT BV HERKKANT- STRAAT 66, 3510 HASSELT · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2020, that is 30-04-2021.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-09-2025 30-04-2026 nothing on record not filed -
30-09-2024 30-04-2025 nothing on record not filed -
30-09-2023 30-04-2024 nothing on record not filed -
30-09-2022 30-04-2023 nothing on record not filed -
30-09-2021 30-04-2022 nothing on record not filed -
30-09-2020 30-04-2021 27-01-2022 272 d late 2022-02200068
30-09-2019 30-04-2020 27-01-2022 637 d late 2022-02200025
30-09-2018 30-04-2019 27-01-2022 1003 d late 2022-02200083
30-09-2017 30-04-2018 02-05-2018 2 d late 2018-11100331
30-09-2016 30-04-2017 28-04-2017 2 d early 2017-10500215

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€1k
Working capital€14k+39.2%
Directors3

Annual accounts & ratios

Source: NBB · 2020
Annual accounts filed on 27-01-2022 with the NBB · fiscal year 2020 · micro
€-10k€0€10k€20k€30kOperating result 2018: €28k€28kNet result 2018: €-2k€-2kOperating result 2019: €2k€2kNet result 2019: €-1k€-1kOperating result 2020: €3k€3kNet result 2020: €1k€1k201820192020
Operating resultNet result
Sector comparison
Fiscal year 2020 · NACE 82 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 87.1% 40.5%
better than 89% of 431 sector peers
Net result €2k €6k
better than 43% of 431 sector peers
Equity €15k €36k
better than 36% of 432 sector peers
Gross operating margin €8k €24k
better than 31% of 425 sector peers
Total assets €17k €132k
better than 15% of 432 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€5k
+21.9% 18-20
Net profit
€1k
- 18-20
Cash flow
€3k
+3034.6% 18-20
Total assets
€17k
+18.2% 18-20
Equity
€15k
+20.1% 18-20
Working capital
€14k
+39.2% 18-20
Income taxes
€239
0.0% 18-20
Debt
€2k
+7.0% 18-20
Debt ≤ 1y
€2k
+7.0% 18-20
Current ratio
7.21
+24.9% 18-20
Quick ratio
7.21
+24.9% 18-20
Solvency
87.1%
+1.6% 18-20
ROE
8.0%
- 18-20
ROA
7.0%
- 18-20
Figures by fiscal year
Fiscal year2020
Depositmicro
Revenue-
EBITDA€5k
Net profit€1k
Cash flow€3k
Staff costs-
Income taxes€239
Dividends-
Total assets€17k
Equity€15k
Debt€2k
of which ≤ 1y€2k
of which > 1y-
Working capital€14k
Employees (FTE)-
Ratios (computed)
2020
Current ratio7.21
Quick ratio7.21
Working capital ratio80.1%
Solvency87.1%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA7.0%
ROE8.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€17k
Fixed assets 21/28€1k
Tangible fixed assets 22/27€1k
Current assets 29/58€16k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€17k
Equity 10/15€15k
Reserves 13€7k
Accumulated profits (losses) 14€1k
Amounts payable 17/49€2k
Amounts payable within one year 42/48€2k
Income statement
Gross operating margin 9900€8k
Operating result 9901€3k
Financial charges 65€496
Result before taxes 9903€3k
Income taxes 67/77€239
Net result for the period 9904€2k
Result to be appropriated 9905€2k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2020 · computed
16 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Insolvency mandates

3 mandates
Role Name Tenure Source
Curator DOMINIC GIELEN
VAN DIJCKLAAN 15, 3500 HASSELT-
23-03-2023 → present Belgian State Gazette
Curator XAVIER GIELEN
Van Dijcklaan 15, 3500 HASSELT
23-03-2023 → present Belgian State Gazette
Curator FREDERIKA VAN SWYGENHOVEN
VAN DIJCKLAAN 15, 3500 HASSELT
23-03-2023 → present Belgian State Gazette

Legal Structure

NACE primary Administratieve en ondersteunende activiteiten ten behoeve van kantoren(82100)
Legal form Private limited company (pre-2019)(015)
Incorporation17-12-2014
StatusActive
Postal code3510
First BS signal 29-03-2023
Latest BS signal 29-03-2023

Structure & network

Company structure: linked entities

3 linked entities
SADTBE 0506.918.535DOMINIC GIELENReceiver ↔ 116H. SOETE WEYSARAYBouwwerken ThaensXAVIER GIELENReceiverFREDERIKA VAN SWYGENH…Receiver
Mandates
1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Locations & real estate

Establishment units

1 location
SADT
Herkkantstraat 66, 3510 HasseltHandelsbemiddeling in de niet-gespecialiseerde groothandel
since 20142.238.095.351
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,877 m²
Buildings1
Building footprint284 m²
Volume (LiDAR)1,617 m³
Tallest building8.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71054B0380/00C000 Flanders 3,877 m² 1 · 284 m² 8.8 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
29-03-2023
Bankruptcy Opening
Date: 23-03-2023 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · SADT BV HERKKANT- STRAAT 66, 3510 HASSELT · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-03-29 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health16Profitability40Solvency100Growth78Stability0
47 / 100

Mixed profile: strong on solvency, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 16
Profitability 40
Solvency 100
Growth 78
Stability 0

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Overige niet-gespecialiseerde detailhandel47120Detailhandel in tapijten en andere vloerbedekking en wandbekleding in gespecialiseerde winkels47530Detailhandel in tapijten en andere vloerbedekking en wandbekleding47530Detailhandel in huismeubilair47551Detailhandel in verlichtingsartikelen47552Detailhandel in huismeubilair in gespecialiseerde winkels47591Detailhandel in verlichtingsartikelen in gespecialiseerde winkels47592Detailhandel via postorderbedrijven of via internet47910Exploitatie van taxi's49320Diensten voor personenvervoer op aanvraag per voertuig met chauffeur49330Hotels en dergelijke accommodatie55100Hotels en dergelijke accommodatie55100Activiteiten van interieurdecorateurs74104Interieurontwerp74130Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Overige vormen van onderwijs85599Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
Legal nameNL SADT
Registered office
Herkkantstraat 66
3510 Hasselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.