S en U
Bankruptcy closedS en U was declared bankrupt on 16-12-2025 (Ondernemingsrechtbank Brussel); the bankruptcy declaration was reversed by judgment of 28-04-2026, published in the Belgian State Gazette on 07-05-2026. The 2024 annual accounts show equity of €251k and a net result of €4k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
163 d late
2022
93 d late
2021
77 d late
2020
31 d late
2019
35 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€251k▲ 1.5%
2023 · €247k
2018: €63k
2019: €112k
2020: €144k
2021: €189k
2022: €240k
2023: €247k
2018 → 2024
Total assets
€909k▲ 14.7%
2023 · €792k
2018: €203k
2019: €271k
2020: €458k
2021: €668k
2022: €681k
2023: €792k
2018 → 2024
Net result
€4k▼ 47.5%
2023 · €7k
2018: €5k
2019: €60k
2020: €32k
2021: €46k
2022: €51k
2023: €7k
2018 → 2024
Working capital
€261k▲ 2.4%
2023 · €255k
2018: €83k
2019: €123k
2020: €129k
2021: €164k
2022: €211k
2023: €255k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€144k-€189k▲ 31.9%€240k▲ 26.8%€247k▲ 2.9%€251k▲ 1.5%
Operating result€48k-€75k▲ 54.8%€53k▼ 29.6%€19k▼ 64.0%€23k▲ 22.2%
Net result€32k-€46k▲ 44.8%€51k▲ 10.8%€7k▼ 86.4%€4k▼ 47.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 22% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €909k
Fixed assets
€21k▼ 31.5%
Current assets
€888k▲ 16.6%
Equity and liabilities €909k
Equity
€251k▲ 1.5%
Debt
€658k▲ 20.8%
The debt ratio rises from 68.8% to 72.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2023 · €28k
Cash flow
€14k▼
2023 · €16k
Solvency
27.6%▼
2023 · 31.2%
Current ratio
1.42▼
2023 · 1.50
Quick ratio
0.89▲
2023 · 0.75
Debt / equity
2.62▲
2023 · 2.21
ROE
1.4%▼
2023 · 2.8%
ROA
0.4%▼
2023 · 0.9%
Interest coverage
3.49▼
2023 · 4.75
Debt
€658k▲
2023 · €545k
Debt ≤ 1 year
€627k▲
2023 · €507k
Debt > 1 year
€31k▼
2023 · €38k
Income taxes
€12k▲
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€792k€909k▲
Fixed assets21/28€31k€21k▼
Tangible fixed assets22/27€27k€18k▼
Plant, machinery and equipment23€17k€11k▼
Furniture and vehicles24€10k€6k▼
Financial fixed assets28€3k€3k=
Current assets29/58€761k€888k▲
Stocks and contracts in progress3€383k€329k▼
Stocks30/36€383k€329k▼
Amounts receivable within one year40/41€306k€401k▲
Trade receivables40€303k€383k▲
Other amounts receivable41€3k€18k▲
Cash at bank and in hand54/58€72k€64k▼
Deferred charges and accrued income490/1-€94k
Equity and liabilities
Total equity and liabilities10/49€792k€909k▲
Equity10/15€247k€251k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€227k€230k▲
Amounts payable17/49€545k€658k▲
Amounts payable after more than one year17€38k€31k▼
Financial debts170/4€38k€31k▼
Amounts payable within one year42/48€507k€627k▲
Current portion of amounts payable after more than one year42€2k€9k▲
Financial debts43€25k€20k▼
Credit institutions430/8€25k€20k▼
Trade debts44€375k€506k▲
Suppliers440/4€375k€506k▲
Advances received on contracts in progress46€63k€65k▲
Taxes, remuneration and social security45€16k€27k▲
Taxes450/3€13k€27k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€25k-
Income statement
Code20232024
Remuneration, social security and pensions62€36k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€20k€1k▼
Gross operating margin9900€85k€36k▼
Operating profit (loss)9901€19k€23k▲
Financial income75/76B€11€2k▲
Recurring financial income75€11€2k▲
Financial charges65/66B€6k€10k▲
Recurring financial charges65€6k€10k▲
Profit (loss) for the period before taxes9903€13k€15k▲
Income taxes67/77€6k€12k▲
Profit (loss) for the period9904€7k€4k▼
Profit (loss) for the period to be appropriated9905€7k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€227k€230k▲
Profit (loss) brought forward from the previous period14P€220k€227k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-05
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · S EN U BV EXCELSIORLAAN 73, 1930 ZAVENTEM · event 28-04-2026
2025
23-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · S EN U BV EXCELSIORLAAN 73, 1930 ZAVENTEM · event 16-12-2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 163 days late
2024
31-12
Financial
Weakest financial yearnet €4k ▼47.5%
Net result drops to €4k, the lowest in the series.
2023
01-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 93 days late
2022
31-12
Financial
Equity above €200kEq €240k ▲26.8%
5 profitable years in a row build equity to €240k.
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
31-12
Financial
Equity above €150kEq €189k ▲31.9%
4 profitable years in a row build equity to €189k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-12
Financial
Highest result since 2018net €60k ▲1164%
Operating result €76k, net result €60k, both a record.
31-12
Financial
Equity above €100kEq €112k ▲76.7%
2 profitable years in a row build equity to €112k.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 64 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Zaventem · 1 establishment unit since 2011
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.
Excelsiorlaan 731930 ZaventemGround area
5,436 m²
Building footprint
1,487 m²
Volume, LiDAR
14,271 m³
Parcel 23094D0036/00W000, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
S & U BVBA
since 20112.203.377.566
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 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 | JACQUES ARNAUTS-SMEETS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
16-12-2025 → present |
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Of 977 companies in sector 46431 we hold annual accounts for 705. 542 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-02-2011
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:adoelektrogent@gmail.com
Phone:0488370551