SAA Trans
Bankruptcy closedSummary
SAA Trans was declared bankrupt (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 08-09-2026, published in the Belgian State Gazette on 17-09-2026. The 2022 annual accounts show equity of €47,413 and a net result of €26,006.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-06-2023, 60 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
60 d early
2021
115 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
History
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Financials · fiscal year 2022, micro schema
Turnover
€579,128▲ 34.8%
2021 · €429,510
EBIT margin
6.0%=
2021 · 6.0%
Net result
€26,006▲ 37.6%
2021 · €18,906
Working capital
-€587
2021 · €21,406
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
Line20212022
Turnover€429,510-€579,128▲ 34.8%
Operating result€25,933-€34,695▲ 33.8%
Net result€18,906-€26,006▲ 37.6%
EBIT margin6.0%-6.0%=
Equity€21,406-€47,413▲ 121%
Total assets€62,733-€78,505▲ 25.1%
Debt€41,327-€31,093▼ 24.8%
Working capital€21,406--€587
Staff (FTE)1.5-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 34% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €78,505
Fixed assets
€48,000
Current assets
€30,505
Equity and liabilities €78,505
Equity
€47,413 ▲ 121%
Debt
€31,093 ▼ 24.8%
Debt's share of the balance-sheet total falls from 65.9% to 39.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46,695
Cash flow
€38,006
Current ratio
0.98▼
2021 · 1.52
Debt to equity
0.66▼
2021 · 1.93
ROE
54.9%▼
2021 · 88.3%
ROA
33.1%▲
2021 · 30.1%
Interest coverage
248.04
Debt ≤ 1 year
€31,093▼
2021 · €41,327
Income taxes
€8,501▲
2021 · €6,891
Staff costs
€28,856▲
2021 · €26,757
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Turnover70 | €429,510 | €579,128 | ▲ 34.8% |
| Goods, raw materials, services and sundry goods60/61 | €367,288 | €497,069 | ▲ 35.3% |
| Remuneration, social security and pensions62 | €26,757 | €28,856 | ▲ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €12,000 | - |
| Other operating charges640/8 | €9,533 | €6,507 | ▼ 31.7% |
| Gross operating margin9900 | €62,222 | €82,058 | ▲ 31.9% |
| Operating profit (loss)9901 | €25,933 | €34,695 | ▲ 33.8% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €136 | €188 | ▲ 38.5% |
| Recurring financial charges65 | €136 | €188 | ▲ 38.5% |
| Profit (loss) for the period before taxes9903 | €25,797 | €34,507 | ▲ 33.8% |
| Income taxes67/77 | €6,891 | €8,501 | ▲ 23.4% |
| Profit (loss) for the period9904 | €18,906 | €26,006 | ▲ 37.6% |
| Profit (loss) for the period to be appropriated9905 | €18,906 | €26,006 | ▲ 37.6% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €62,733 | €78,505 | ▲ 25.1% |
| Fixed assets21/28 | - | €48,000 | - |
| Tangible fixed assets22/27 | - | €48,000 | - |
| Furniture and vehicles24 | - | €48,000 | - |
| Current assets29/58 | €62,733 | €30,505 | ▼ 51.4% |
| Amounts receivable within one year40/41 | - | €20,247 | - |
| Trade receivables40 | - | €20,247 | - |
| Cash at bank and in hand54/58 | €62,733 | €10,259 | ▼ 83.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €62,733 | €78,505 | ▲ 25.1% |
| Equity10/15 | €21,406 | €47,413 | ▲ 121% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €18,906 | €44,913 | ▲ 138% |
| Amounts payable17/49 | €41,327 | €31,093 | ▼ 24.8% |
| Amounts payable within one year42/48 | €41,327 | €31,093 | ▼ 24.8% |
| Trade debts44 | €4,760 | €7,805 | ▲ 64.0% |
| Suppliers440/4 | €4,760 | €7,805 | ▲ 64.0% |
| Advances received on contracts in progress46 | €19,661 | - | - |
| Taxes, remuneration and social security45 | €9,042 | €14,503 | ▲ 60.4% |
| Taxes450/3 | €9,042 | €14,503 | ▲ 60.4% |
| Other amounts payable47/48 | €7,862 | €8,785 | ▲ 11.7% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €18,906 | €26,006 | ▲ 37.6% |
| + Depreciation and write-downs630 | - | €12,000 | - |
| Operating cash flow (approximation) | €18,906 | €38,006 | ▲ 101% |
| Change in cash | - | -€52,474 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
17-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 08-09-2026
2025
04-04
KBO administration
Address struck
2024
26-01
KBO administration
Address struck
Z. 3 Doornveld 140 L’adresse du siège Z. 3 Doornveld 140 1731 Die Sitzadresse Z. 3 Doornveld 140 1731
1731 Asse is doorgehaald met ingang van Asse · event 15-12-2023
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
SignalNBB filing
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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 2020
Ground area
1.0 ha
Building footprint
2,001 m²
Volume, LiDAR
1,766 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SAA Trans
since 20202.308.592.971
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
| 23094D0084/00Z002 | Flanders | 2,277 m² | 1 · 212 m² | 11.0 m · 3 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded24-07-2020
Fiscal year end31-12
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.