L. SACCOL
Open bankruptcyA bankruptcy procedure is open for L. SACCOL according to publications in the Belgian State Gazette; curator: RONNY CEUSTERS. The 2025 annual accounts show equity of €130k and a net result of €65k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 158 sector peers (2025).
NBB · sector comparisonPosition among 158 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€130k▲ 101%
2024 · €64k
2019: €210k
2020: €245k
2021: €220k
2022: €95k
2023: €-148k
2024: €64k
2019 → 2025
Total assets
€1.35M▲ 10.3%
2024 · €1.23M
2019: €1.48M
2020: €1.24M
2021: €1.09M
2022: €1.51M
2023: €1.33M
2024: €1.23M
2019 → 2025
Net result
€65k▼ 69.3%
2024 · €213k
2019: €-31k
2020: €35k
2021: €-25k
2022: €-125k
2023: €-243k
2024: €213k
2019 → 2025
Working capital
€-162k▲ 46.1%
2024 · €-301k
2019: €745k
2020: €455k
2021: €93k
2022: €-324k
2023: €-541k
2024: €-301k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€220k-€95k▼ 56.9%€-148k€64k€130k▲ 101%
Operating result€35k-€-68k€-181k▼ 167%€278k€49k▼ 82.2%
Net result€-25k-€-125k▼ 395%€-243k▼ 94.1%€213k€65k▼ 69.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€292k▼ 20.1%
Current assets
€1.06M▲ 23.2%
Equity and liabilities €1.35M
Equity
€130k▲ 101%
Debt
€1.22M▲ 5.2%
The debt ratio falls from 94.7% to 90.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€123k▼
2024 · €346k
Cash flow
€139k▼
2024 · €281k
Solvency
9.6%▲
2024 · 5.3%
Current ratio
0.87▲
2024 · 0.74
Quick ratio
0.38▲
2024 · 0.25
Debt / equity
9.42▼
2024 · 18.03
ROE
50.3%▼
2024 · 329.6%
ROA
4.8%▼
2024 · 17.3%
Interest coverage
2.12▼
2024 · 5.56
Debt
€1.22M▲
2024 · €1.16M
Debt ≤ 1 year
€1.22M▲
2024 · €1.16M
Staff costs
€207k▼
2024 · €235k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.23M€1.35M▲
Fixed assets21/28€366k€292k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€359k€288k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€352k€282k▼
Financial fixed assets28€2k€2k=
Current assets29/58€861k€1.06M▲
Stocks and contracts in progress3€570k€594k▲
Stocks30/36€570k€594k▲
Amounts receivable within one year40/41€291k€464k▲
Trade receivables40€260k€464k▲
Other amounts receivable41€31k-
Cash at bank and in hand54/58€651€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.35M▲
Equity10/15€64k€130k▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€112k€112k=
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€24k€24k=
Distributable reserves133€68k€68k=
Profit (loss) carried forward14€-121k€-56k▲
Amounts payable17/49€1.16M€1.22M▲
Amounts payable within one year42/48€1.16M€1.22M▲
Current portion of amounts payable after more than one year42€13k€11k▼
Financial debts43€260k€222k▼
Credit institutions430/8€260k€222k▼
Trade debts44€86k€83k▼
Suppliers440/4€86k€83k▼
Taxes, remuneration and social security45€318k€130k▼
Taxes450/3€181k€63k▼
Remuneration and social security454/9€137k€67k▼
Other amounts payable47/48€486k€777k▲
Income statement
Code20242025
Non-recurring operating income76A€296k-
Remuneration, social security and pensions62€235k€207k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€74k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€586k€336k▼
Operating profit (loss)9901€278k€49k▼
Financial income75/76B€842€75k▲
Recurring financial income75€842€96▼
Non-recurring financial income76B-€75k
Financial charges65/66B€62k€59k▼
Recurring financial charges65€62k€58k▼
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€217k€65k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€213k€65k▼
Profit (loss) for the period to be appropriated9905€213k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-121k€-56k▲
Profit (loss) brought forward from the previous period14P€-334k€-121k▲
Social balance
Average headcount (FTE)90875.43.8▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · L. SACCOL NV BREMHEIDE- LAAN 12, 2300 TURNHOUT · event 07-07-2026
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 110 days late
2025
31-03
Financial
Equity above €100kEq €130k ▲101%
2 profitable years in a row build equity to €130k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €213k
Net result €213k after 3 loss-making years.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-243k
Net result drops to €-243k, the lowest in the series.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Turnhout · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bremheidelaan 122300 TurnhoutGround area
9,077 m²
Building footprint
5,139 m²
Volume, LiDAR
38,935 m³
Parcel 13452M0701/00H000, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L. SACCOL
since 19932.033.083.574
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452M0701/00H000 | Flanders | 9,077 m² | 1 · 5,139 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 | RONNY CEUSTERS GEMEENTESTRAAT 4 BUS 6,
2300 TURNHOUT |
07-07-2026 → present |
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Of 602 companies in sector 22260 we hold annual accounts for 282. 139 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-04-1987
Fiscal year end31-03
Activities, NACEBEL
22260Manufacture of rubber and plastic products
29320Manufacture of motor vehicles, trailers and semi-trailers
34300
51900
25240
46900Non-specialised wholesale trade
47789Other retail sale of new goods
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.