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S&A

Active
Public limited companyfounded 2019active for 7 yearsBinnenstraat 33, 9300 Aalst, BelgiumKBO/BCE: BE 0722.911.108

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

S&A has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,360 and a net result of €353,272. Equity has been shrinking by about 50% per year since 2019. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 32% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

History

S&A was incorporated on 19 March 2019.1 The registered office was moved to Aalst in 2022.2 Total assets fell from €313,402 in 2019 to €278,979 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-06-2022
  3. 3National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-08
NBB filing Annual accounts filedNBB
financial year 2025 · abbreviated format · 31 days late
2025
31-12
Financial Back to profitnet €353,272
The net result is €353,272, after 6 loss-making years.
31-12
Financial Liquidity more than triplescurrent ratio 1.29
The current ratio rises from 0.36 to 1.29. Short-term debt falls from €455,375 to €215,619.
10-10
Gazette deed Appointment: SALMANZADE VUGAR (managing director)
2 points ▸
  • General meeting, 20-03-2025
  • Director appointment, SALMANZADE VUGAR (managing director)

Open the act in the Belgian Official Gazette

29-08
NBB filing Annual accounts filedPDF
financial year 2024 · micro format · 29 days late
2024
30-08
NBB filing Annual accounts filedPDF
financial year 2023 · micro format · 30 days late
2023
31-08
NBB filing Annual accounts filedPDF
financial year 2022 · micro format · 31 days late
2022
15-09
Gazette deed Appointment: ALIYEV YAVER (director)
Resignation: FUAD ILGAR (director) · Share transfer · Director discharge5 points ▸
  • General meeting, 01-08-2022
  • Share transfer, FUAD ILGAR → ALIYEV YAVER
  • Director appointment, ALIYEV YAVER (director)
  • Director resignation, FUAD ILGAR (director)
  • Director discharge, FUAD ILGAR (director)

Open the act in the Belgian Official Gazette

31-08
NBB filing Annual accounts filedPDF
financial year 2021 · micro format · 31 days late
28-06
Gazette deed Appointment: FUAD ILGAR ASHURBEYLI (director)
Resignation: ALIYEVA LEYLA AZIZ (director) · Share transfer · Director discharge7 points ▸
  • General meeting, 30-04-2022
  • Share transfer, ALIYEVA LEYLA AZIZ → FUAD ILGAR ASHURBEYLI
  • Director appointment, FUAD ILGAR ASHURBEYLI (director)
  • Director resignation, ALIYEVA LEYLA AZIZ (director)
  • Director discharge, ALIYEVA LEYLA AZIZ
  • Registered-office move, Binnenstraat 33-9300 Aalst
  • Other provision, “gazette annex identifier, Bijlagen bij het Belgisch Staatsblad-28/0 Annexes du Moniteur belge” (deed in Dutch)

Open the act in the Belgian Official Gazette

2021
31-12
Financial Weakest financial yearnet -€138,855
The net result drops to -€138,855, the lowest from 2019 to 2025. It recovers the following year.
31-08
NBB filing Annual accounts filedPDF
financial year 2020 · micro format · 31 days late
2020
09-11
NBB filing Annual accounts filedPDF
financial year 2019 · micro format · 101 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank