B-SAT

Open bankruptcy

Private limited company (pre-2019)founded 1997Rue de Tilff 93B, 4100 Seraing, BelgiumKBO/BCE: BE 0460.314.488

Summary

A bankruptcy procedure is open for B-SAT according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €16,331 and a net result of €4,946.

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B-SATOpen bankruptcy

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Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court: Enterprise Court of Liège, Liège division
Declared bankrupt: 22 January 2024
Supervising judge: Alain Piekarek
Official Gazette: 26-01-2024 (pdf) ↗search the document for 2024/103108

Deadlines

Appeal or third-party opposition until: passed on 10 February 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until: passed on 21 February 2024art. XX.104 and XX.155 CEL
First verification report: passed on 7 March 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until: passed on 22 January 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

Damien RidelleClos Du Sartay 11, 4053 Embourgd.ridelle@avocat.be
Murielle DelforgeClos Du Sartay 11, 4053 Embourgm.delforge@avocat.be

What to do now

Do not deliver on credit any more without an agreement with the curator.
Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 20-10-2020, 81 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

81 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2019 accounts 81 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 28 March 1997, B-SAT was incorporated.¹ The company has filed 22 sets of annual accounts, the latest for fiscal year 2019.² The company was declared bankrupt on 22 January 2024.³

Go further with this company

Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2019, micro schema

Equity

€16,331

Total assets

€69,190

Net result

€4,946

Working capital

€16,181

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €69,190

99.8%

Fixed assets €150

Current assets €69,040

Equity and liabilities €69,190

23.6%

76.4%

Equity €16,331

Debt €52,859

Debt finances 76.4% of the balance-sheet total.

Key figures and ratios

2019 value

Current ratio

1.31

Quick ratio

0.88

ROE

30.3%

ROA

7.1%

Debt ≤ 1 year

€52,859

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2019 · 19 lines

Balance sheet Code2019

Assets

Total assets20/58€69,190

Fixed assets21/28€150

Financial fixed assets28€150

Current assets29/58€69,040

Stocks and contracts in progress3€22,301

Amounts receivable within one year40/41€42,442

Cash at bank and in hand54/58€4,297

Equity and liabilities

Total equity and liabilities10/49€69,190

Equity10/15€16,331

Contributions10/11€18,592

Profit (loss) carried forward14-€2,261

Amounts payable17/49€52,859

Amounts payable within one year42/48€52,859

Trade debts44€19,360

Income statement Code2019

Gross operating margin9900€6,946

Operating profit (loss)9901€4,946

Profit (loss) for the period before taxes9903€4,946

Profit (loss) for the period9904€4,946

Profit (loss) for the period to be appropriated9905€4,946

Line	2019
Gross operating margin9900	€6,946
Operating profit (loss)9901	€4,946
Profit (loss) for the period before taxes9903	€4,946
Profit (loss) for the period9904	€4,946
Profit (loss) for the period to be appropriated9905	€4,946

Line	2019
Assets
Total assets20/58	€69,190
Fixed assets21/28	€150
Financial fixed assets28	€150
Current assets29/58	€69,040
Stocks and contracts in progress3	€22,301
Amounts receivable within one year40/41	€42,442
Cash at bank and in hand54/58	€4,297
Equity and liabilities
Total equity and liabilities10/49	€69,190
Equity10/15	€16,331
Contributions10/11	€18,592
Profit (loss) carried forward14	-€2,261
Amounts payable17/49	€52,859
Amounts payable within one year42/48	€52,859
Trade debts44	€19,360

Line	2019
Profit (loss) for the period9904	€4,946
Operating cash flow (approximation)	€4,946

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 11Signals 1Filings 10

2024

26-01

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Liège · event 22-01-2024

2020

20-10