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Generated 25-08-2026
Active BE 0846.634.905Private limited company (pre-2019)

SARISOL

Chaussée de Liège(JB) 624 ·5100 Namur, Belgium· 14 yrs active
Sector: Installatie van isolatie (43230)
Conclusion Checked

The KBO register records legal situation 050 for SARISOL (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €400k and a net result of €110k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €400k
Net result €110k
Better than sector 61%
Active 14 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health24Profitability100Solvency82Growth78Stability0
57 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24
Profitability 100
Solvency 82
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

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.

Risk Assessment rule-based
0 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Trust signals 1 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.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2022 · computed
24 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 28-08-2023 with the NBB · fiscal year 2022 · verkort
€-100k€0€100k€200kOperating result 2018: €-32k€-32kNet result 2018: €34k€34kOperating result 2019: €-42k€-42kNet result 2019: €-29k€-29kOperating result 2020: €153k€153kNet result 2020: €141k€141kOperating result 2021: €239k€239kNet result 2021: €163k€163kOperating result 2022: €155k€155kNet result 2022: €110k€110k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 38.8% 30.2%
better than 61% of 760 sector peers
Net result €110k €30k
better than 77% of 758 sector peers
Equity €400k €134k
better than 75% of 760 sector peers
Gross operating margin €163k €198k
better than 46% of 759 sector peers
Total assets €1.03M €577k
better than 69% of 760 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€156k
-38.0% 18-22
Net profit
€110k
-32.5% 18-22
Cash flow
€112k
-36.4% 18-22
Total assets
€1.03M
+32.6% 18-22
Equity
€400k
+38.0% 18-22
Working capital
€700k
+32.9% 18-22
Staff costs
€217
- 18-22
Income taxes
€42k
-25.4% 18-22
Show 10 other metrics
Debt
€630k
+29.3% 18-22
Debt ≤ 1y
€324k
+54.3% 18-22
Debt > 1y
€14k
0.0% 18-22
Current ratio
3.16
-9.9% 18-22
Quick ratio
3.16
-9.9% 18-22
Solvency
38.8%
+4.1% 18-22
Debt / equity
1.57
-6.3% 18-22
ROE
27.5%
-51.1% 18-22
ROA
10.7%
-49.1% 18-22
Interest coverage
56.29
+350.2% 18-22
Figures by fiscal year
Fiscal year2022
Depositverkort
Revenue-
EBITDA€156k
Net profit€110k
Cash flow€112k
Staff costs-
Income taxes€42k
Dividends-
Total assets€1.03M
Equity€400k
Debt€630k
of which ≤ 1y€324k
of which > 1y-
Working capital€700k
Employees (FTE)-
Ratios (computed)
2022
Current ratio3.16
Quick ratio3.16
Working capital ratio68.0%
Solvency38.8%
Debt / equity1.57
Long-term debt ratio-
Interest coverage56.29
Gross margin-
Net margin-
ROA10.7%
ROE27.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€1.03M
Fixed assets 21/28€6k
Tangible fixed assets 22/27€6k
Current assets 29/58€1.02M
Amounts receivable within one year 40/41€827k
Cash & bank 54/58€195k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.03M
Equity 10/15€400k
Contributions / capital 10/11€6k
Reserves 13€394k
Amounts payable 17/49€630k
Amounts payable within one year 42/48€324k
Trade debts payable within one year 44€97k
Income statement
Gross operating margin 9900€163k
Operating result 9901€155k
Financial income 75€95
Financial charges 65€3k
Result before taxes 9903€152k
Income taxes 67/77€42k
Net result for the period 9904€110k
Result to be appropriated 9905€110k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Former directors (1)
  • Sarikaya Deniz
    Director
    State Gazette act 24061978 (16-04-2024)
    Former
    - → 26-02-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Installatie van isolatie(43230)
Legal form Private limited company (pre-2019)(015)
Incorporation14-06-2012
StatusActive
Postal code5100
Establishment units 1 location
SARISOL
Sledderlo 63, 3600 GenkGieten van ijzer
since 20122.212.224.263
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
71304D1124/00W000 Flanders 907 m² 1 · 135 m² 0.8 m
92067A0066/00F000 Wallonia 476 m² 1 · 497 m² 16.7 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
16-04-2024
State Gazette act Capital & shares
30-01-2024
State Gazette act Director changes
2023
28-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
24-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
26-10-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
24-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
15-11-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
20-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
30-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
25-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
27-09-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
30-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
Belgian State Gazette reading coverage 0 of 7 acts read

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
Capital history · 1
16-04-2024
Capital change
All acts · 2 updated 2 years ago
2024
16-04-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Deniz Sarikaya",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Engin Aras",
          "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": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_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
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-04-16",
    "filing_date": "2024-04-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2024-04-08",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-02-26"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0846.634.905",
    "name_full": "Sarisol",
    "legal_form": "BV\u0412\u0410",
    "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": null,
      "kind": "person",
      "name": "Deniz Sarikaya",
      "role": "ontslagnemend bestuurder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Engin Aras",
      "role": "bestuurder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
30-01-2024 Discharge granted to the board Director changes
Technical details 
{
  "events": [
    {
      "kind": "decharge_granted",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Aras Engin",
        "address": "Drie kuilenstraat 1a, 6181 ET Elsloo (NL)",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-01-30",
    "filing_date": "2024-01-23",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2023-07-03",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0846.634.905",
    "name_full": "SARISOL",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Dhr. Aras Engin",
    "org_rep_person_name": null,
    "person_role_at_subject": "zaakvoerder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Installatie van isolatie43230Isolatiewerkzaamheden43291Verspanend bewerken van metalen25530Proefboren en boren43130Overige werkzaamheden in verband met de afwerking van gebouwen43350Metselwerk43910Uitvoeren van metsel- en voegwerken43994Handel in eigen onroerend goed68110
Primary activity highlighted.
Names & trade names
Legal nameNL SARISOL
Registered office
Chaussée de Liège(JB) 624
5100 Namur, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 338 of 4,243 companies in this sector with filed accounts
COULEUR TERRE BE 0885.728.279 · Beauraing
HUMIHOUSE BE 0695.910.662 · Manage
BENHOTCOOL BE 0785.511.047 · Saint-Ghislain
DMF ISOLATION BE 0792.552.851 · Ecaussinnes
PAUL EN KOEN RYCKAERT BE 0808.747.101 · Evergem
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative