SA & PARTNERS
InactiveSA & PARTNERS was declared bankrupt on 09-09-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 17-03-2026, published in the Belgian State Gazette on 27-03-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-09-2021, 61 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€42k=
2019 · €42k
2018: €42k
2019: €42k
2018 → 2020
Total assets
€54k▼ 7.1%
2019 · €58k
2018: €55k
2019: €58k
2018 → 2020
Net result
€6k▼ 18.4%
2019 · €7k
2018: €9k
2019: €7k
2018 → 2020
Working capital
€42k▼ 0.6%
2019 · €43k
2018: €41k
2019: €43k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€42k-€42k=€42k=
Operating result€11k-€3k▼ 70.4%€4k▲ 25.4%
Net result€9k-€7k▼ 15.0%€6k▼ 18.4%
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 2020; 2020 is 25% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €54k
Fixed assets
€130▼ 83.2%
Current assets
€54k▼ 6.1%
Equity and liabilities €54k
Equity
€42k=
Debt
€11k▼ 26.5%
The debt ratio falls from 26.9% to 21.3%. Debt is lower.
Key figures and ratios
EBITDA
€5k▲
2019 · €4k
Cash flow
€7k▼
2019 · €8k
Solvency
78.7%▲
2019 · 73.1%
Current ratio
4.68▲
2019 · 3.89
Quick ratio
4.68▲
2019 · 3.89
ROE
14.1%▼
2019 · 17.3%
ROA
11.1%▼
2019 · 12.7%
Debt
€11k▼
2019 · €16k
Debt ≤ 1 year
€11k▼
2019 · €15k
Income taxes
€760▲
2019 · €-2k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€58k€54k▼
Fixed assets21/28€773€130▼
Tangible fixed assets22/27€643€0▼
Financial fixed assets28€130€130=
Current assets29/58€57k€54k▼
Amounts receivable within one year40/41€52k€53k▲
Cash at bank and in hand54/58€5k€795▼
Equity and liabilities
Total equity and liabilities10/49€58k€54k▼
Equity10/15€42k€42k=
Contributions10/11€14k-
Reserves13€2k€2k=
Profit (loss) carried forward14€26k€26k=
Amounts payable17/49€16k€11k▼
Amounts payable within one year42/48€15k€11k▼
Trade debts44€4k€3k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€643€643=
Gross operating margin9900€14k€5k▼
Operating profit (loss)9901€3k€4k▲
Recurring financial income75€2k€4k▲
Recurring financial charges65€68€1k▲
Profit (loss) for the period before taxes9903€6k€7k▲
Income taxes67/77€-2k€760▲
Profit (loss) for the period9904€7k€6k▼
Profit (loss) for the period to be appropriated9905€7k€6k▼
Timeline · acts, filings and financial milestones
2026
27-03
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · SPRL SA & PARTNERS RUE DES ANCIENS ETANGS 40, 1190 FOREST. déclarée le 9 septembre 2024 · event 17-03-2026
2024
20-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SPRL SA & PARTNERS RUE DES ANCIENS ETANGS 40, 1190 FOREST · event 09-09-2024
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €6k ▼18.4%
Net result drops to €6k, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 26 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES PIRON AVENUE DE LA TOISON D’OR 77,
1060 SAINT-GILLES |
09-09-2024 → present |