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BE 0763.616.167Private limited companyOpen bankruptcy
SABBAGH
Dendermondsesteenweg 16 ·9000 Gent, Belgium· 5 yrs active
Sector: Non-specialised food retail
(47110)
Conclusion
A bankruptcy procedure is open for SABBAGH according to publications in the Belgian State Gazette. The file additionally contains 1 pre-bankruptcy signal. The 2022 annual accounts show equity of €18k and a net result of €7k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €18k |
| Net result | €7k |
| Better than sector | 95% |
| Active | 5 yrs |
Snowflake analysis
51
/ 100
Mixed profile: strong on solvency, weaker on stability.
Health
35
Profitability
50
Solvency
100
Growth
68
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
55 / 100
High riskComponents
· 1 pre-bankruptcy signal (+5)
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
35
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 11-01-2024 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 47 — Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 95.1% | 16.5% | |
| Net result | €7k | €1k | |
| Equity | €18k | €10k | |
| Gross operating margin | €12k | €13k | |
| Total assets | €18k | €65k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€359k
+60.0%
21–22
€11k
-24.1%
21–22
€7k
-30.6%
21–22
€8k
-26.3%
21–22
€18k
-40.2%
21–22
€18k
+69.4%
21–22
€16k
+101.0%
21–22
€833
—
21–22
€3k
-17.3%
21–22
€899
-95.6%
21–22
€899
-95.6%
21–22
19.11
+1268.8%
21–22
19.11
+1268.8%
21–22
95.1%
+183.0%
21–22
0.05
-97.4%
21–22
41.0%
-59.0%
21–22
39.0%
+15.9%
21–22
2.0%
-56.7%
21–22
3.1%
-52.5%
21–22
95.42
-0.3%
21–22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | €359k |
| EBITDA | €11k |
| Net profit | €7k |
| Cash flow | €8k |
| Staff costs | — |
| Income taxes | €3k |
| Dividends | — |
| Total assets | €18k |
| Equity | €18k |
| Debt | €899 |
| of which ≤ 1y | €899 |
| of which > 1y | — |
| Working capital | €16k |
| Employees (FTE) | — |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 19.11 |
| Quick ratio | 19.11 |
| Working capital ratio | 88.3% |
| Solvency | 95.1% |
| Debt / equity | 0.05 |
| Long-term debt ratio | — |
| Interest coverage | 95.42 |
| Gross margin | 3.4% |
| Net margin | 2.0% |
| ROA | 39.0% |
| ROE | 41.0% |
| EBITDA margin | 3.1% |
| Days sales outstanding | 0d |
| Days payable outstanding | 0d |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €18k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €17k |
| Amounts receivable within one year | 40/41 | €110 |
| Cash & bank | 54/58 | €17k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €18k |
| Equity | 10/15 | €18k |
| Reserves | 13 | €518 |
| Accumulated profits (losses) | 14 | €17k |
| Amounts payable | 17/49 | €899 |
| Amounts payable within one year | 42/48 | €899 |
| Trade debts payable within one year | 44 | €331 |
| Income statement | ||
| Turnover | 70 | €359k |
| Gross operating margin | 9900 | €12k |
| Operating result | 9901 | €10k |
| Financial charges | 65 | €117 |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | TIM DE MOERLOOSE LEIEKAAI 25 C-D, 9000 GENT- |
28-04-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 15-02-2021 |
| Status | Active |
| Postal code | 9000 |
| First BS signal | 17-10-2025 |
| Latest BS signal | 05-05-2026 |
Company structure — linked entities
Mandates
Establishment units
Sabbagh
since 20212.313.893.131
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D0202/00T004 | Flanders | 559 m² | 1 · 520 m² | 15.6 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
05-05-2026
Bankruptcy
Opening
2025
17-10-2025
Interim measure
Provisional administrator
2024
11-01-2024
NBB filing
Annual accounts filed
2023
13-12-2023
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
05-05-2026
Bankruptcy
Opening
17-10-2025
Interim measure
Provisional administrator
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)47113Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)45112Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Handelsbemiddeling in de groothandel in andere specifieke goederen46180Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811
Primary activity highlighted.
Names & trade names
| Legal nameNL | SABBAGH |
Registered office
Dendermondsesteenweg 16
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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