SAR
A bankruptcy procedure is open for SAR according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2024 annual accounts show negative equity (€-5k) and a net result of €-44k.
| Equity | €-5k |
| Net result | €-44k |
| Better than sector | 20% |
| Active | 5 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -14.7% | 20.4% | |
| Net result | €-44k | €4k | |
| Equity | €-5k | €16k | |
| Gross operating margin | €91k | €24k | |
| Staff costs | €110k | €33k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-21k |
| Net profit | €-44k |
| Cash flow | €-29k |
| Staff costs | €110k |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €31k |
| Equity | €-5k |
| Debt | €36k |
| of which ≤ 1y | €36k |
| of which > 1y | - |
| Working capital | €-7k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.81 |
| Quick ratio | 0.62 |
| Working capital ratio | -21.3% |
| Solvency | -14.7% |
| Debt / equity | -7.82 |
| Long-term debt ratio | - |
| Interest coverage | -24.15 |
| Gross margin | - |
| Net margin | - |
| ROA | -141.7% |
| ROE | 966.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €31k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €2k |
| Current assets | 29/58 | €29k |
| Stocks & contracts in progress | 3 | €7k |
| Amounts receivable within one year | 40/41 | €16k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €31k |
| Equity | 10/15 | €-5k |
| Contributions / capital | 10/11 | €17k |
| Accumulated profits (losses) | 14 | €-22k |
| Amounts payable | 17/49 | €36k |
| Amounts payable within one year | 42/48 | €36k |
| Trade debts payable within one year | 44 | €32k |
| Income statement | ||
| Gross operating margin | 9900 | €91k |
| Operating result | 9901 | €-36k |
| Financial charges | 65 | €857 |
| Result before taxes | 9903 | €-36k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €-44k |
| Result to be appropriated | 9905 | €-44k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ALAIN HENDERICKX RUE DE STASSART 48 BL C/6,
1050 IXELLES |
01-12-2025 → present | Belgian State Gazette |
| NACE primary | Detailhandel in brood en banketbakkerswerk (koude bakkers)(47241) |
| Legal form | Private limited company(610) |
| Incorporation | 26-11-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 10-12-2025 |
| Latest BS signal | 10-12-2025 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0298/00G000 | Brussels | 797 m² | 1 · 333 m² | 52.2 m · 16 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 22-08-2025 to 01-12-2025.
17-04-2024 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
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"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Monsieur EL RAFEI Mohammed",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 100,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "share_transfer",
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"subscribers": [
{
"kbo": null,
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"n_shares_subscribed": 100,
"contribution_amount_eur": null
}
],
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"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-03-05",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2024-03-05"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0758.812.687",
"name_full": "0758 812 687",
"legal_form": "SRL",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": 100.0,
"kind": "person",
"name": "Monsieur EL RAFEI Mohammed",
"role": "aandeelhouder",
"n_shares": 100,
"share_class": null
}
],
"share_classes_after": []
}| Legal nameFR | SAR |
- 22-08-2025 Address struck