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BD SAAD

Open bankruptcy
Private limited company (pre-2019)founded 2018Berréstraat 2, 1090 Jette, BelgiumKBO/BCE: BE 0707.950.144

A bankruptcy procedure is open for BD SAAD according to publications in the Belgian State Gazette; curator: HUGUES DE SCHAETZEN VAN BRIENEN.

Summary

The 2022 annual accounts show equity of €38,294 and a net result of €1,149.

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
French-language Enterprise Court of Brussels
Declared bankrupt
24 November 2025
Supervising judge
Nathalie Schryvers
Official Gazette
01-12-2025 (pdf) ↗search the document for 2025/149456

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
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
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-09-2023, 36 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
36 d late
2020
32 d late
2019
94 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 9 days before 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)
neutral · 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

BD SAAD was incorporated on 9 October 2018.1 Revenue fell from EUR 117,919 in 2019 to EUR 64,691 in 2022.2 On 24 November 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian State Gazette, 01-12-2025

Go further with this company

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

Financials · fiscal year 2022, micro schema

Turnover
€64,691▼ 5.3%
2020 · €68,328
EBIT margin
1.8%▼ 15.9pp
2020 · 17.7%
Net result
€1,149▼ 90.5%
2020 · €12,063
Working capital
€38,294▲ 32.8%
2020 · €28,830
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202022
Turnover€117,919-€68,328▼ 42.1%€64,691-
Operating result€17,966-€12,063▼ 32.9%€1,149-
Net result€16,766-€12,063▼ 28.0%€1,149-
EBIT margin15.2%-17.7%▲ 2.4pp1.8%-
Equity€16,767-€28,830▲ 71.9%€38,294-
Total assets€26,807-€44,020▲ 64.2%€85,784-
Debt€10,040-€15,190▲ 51.3%€47,490-
Working capital€16,767-€28,830▲ 71.9%€38,294-
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000€20,000Operating result 2019: €17,966€17,966Net result 2019: €16,766€16,766Operating result 2020: €12,063€12,063Net result 2020: €12,063€12,063Operating result 2022: €1,149€1,149Net result 2022: €1,149€1,149201920202022€0€5,000€10,000€15,000€20,000Operating result 2019: €17,966€18,000Net result 2019: €16,766€16,800Operating result 2020: €12,063€12,100Net result 2020: €12,063€12,100Operating result 2022: €1,149€1,150Net result 2022: €1,149€1,150201920202022
The operating result is €1,149 in 2022, compared with €12,063 in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Equity and liabilities €85,784
Equity €38,294 ▲ 32.8%
Debt €47,490 ▲ 213%
Debt's share of the balance-sheet total rises from 34.5% to 55.4%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2020
Current ratio
1.81▼
2020 · 2.90
Debt to equity
1.24
ROE
3.0%▼
2020 · 41.8%
ROA
1.3%▼
2020 · 27.4%
Debt ≤ 1 year
€47,490▲
2020 · €15,190
Staff costs
€6,353
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2020 · 26 lines
Balance sheet Code20202022
Assets
Total assets20/58€44,020€85,784▲
Current assets29/58€44,020€85,784▲
Amounts receivable within one year40/41€10,473€10,857▲
Other amounts receivable41-€10,857
Cash at bank and in hand54/58€9,204€70,298▲
Deferred charges and accrued income490/1-€4,629
Equity and liabilities
Total equity and liabilities10/49€44,020€85,784▲
Equity10/15€28,830€38,294▲
Contributions10/11€1€1=
Profit (loss) carried forward14€28,829€38,293▲
Amounts payable17/49€15,190€47,490▲
Amounts payable within one year42/48€15,190€47,490▲
Trade debts44€15,190€47,490▲
Suppliers440/4-€47,490
Income statement Code20202022
Turnover70€68,328€64,691▼
Goods, raw materials, services and sundry goods60/61-€54,146
Remuneration, social security and pensions62-€6,353
Other operating charges640/8-€3,043
Gross operating margin9900€12,159€10,545▼
Operating profit (loss)9901€12,063€1,149▼
Recurring financial charges65€0-
Profit (loss) for the period before taxes9903€12,063€1,149▼
Profit (loss) for the period9904€12,063€1,149▼
Profit (loss) for the period to be appropriated9905€12,063€1,149▼
Appropriation of the result
Profit (loss) to be appropriated9906-€38,293
Profit (loss) brought forward from the previous period14P-€37,144

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202022Change
Turnover70€117,919€68,328€64,691-
Goods, raw materials, services and sundry goods60/61--€54,146-
Remuneration, social security and pensions62--€6,353-
Other operating charges640/8--€3,043-
Gross operating margin9900€25,522€12,159€10,545-
Operating profit (loss)9901€17,966€12,063€1,149-
Recurring financial charges65€1,200€0--
Profit (loss) for the period before taxes9903€16,766€12,063€1,149-
Profit (loss) for the period9904€16,766€12,063€1,149-
Profit (loss) for the period to be appropriated9905€16,766€12,063€1,149-
Line201920202022Change
Assets
Total assets20/58€26,807€44,020€85,784-
Current assets29/58€26,807€44,020€85,784-
Amounts receivable within one year40/41€324€10,473€10,857-
Other amounts receivable41--€10,857-
Cash at bank and in hand54/58€1,749€9,204€70,298-
Deferred charges and accrued income490/1--€4,629-
Equity and liabilities
Total equity and liabilities10/49€26,807€44,020€85,784-
Equity10/15€16,767€28,830€38,294-
Contributions10/11€1€1€1-
Profit (loss) carried forward14€16,766€28,829€38,293-
Amounts payable17/49€10,040€15,190€47,490-
Amounts payable within one year42/48€10,040€15,190€47,490-
Trade debts44€10,040€15,190€47,490-
Suppliers440/4--€47,490-
Line201920202022Change
Profit (loss) for the period9904€16,766€12,063€1,149-
Operating cash flow (approximation)€16,766€12,063€1,149-
Change in cash-€7,455--

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

2025
01-12
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 24-11-2025
2023
05-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
31-12
Financial Weakest financial yearnet €1,149 ▼90.5%
Net result drops to €1,149, the lowest in the series.
2021
01-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
28-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
163 m²
Building footprint
88 m²
Volume, LiDAR
920 m³
2 parcels, Brussels · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
BD SAAD
Jetse Steenweg 677, 1090 JetteFood and beverage service activities
since 20182.281.824.535
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21464D0110/00K007 Brussels 89 m² 1 · 88 m² 12.9 m · 4 fl.
21464D0177/00C003 Brussels 74 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator HUGUES DE SCHAETZEN VAN BRIENEN
AVENUE LOUISE 349, 1050 IXELLES
24-11-2025 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded09-10-2018
Fiscal year end31-12
Contact
E-mail bdmahfuz@aol.fr
Phone 0488561277
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.