SABER NUTS
Inactive1 interim measureInactive; last annual accounts for fiscal year 2019.
Summary
SABER NUTS was declared bankrupt on 27-06-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 08-01-2024, published in the Belgian State Gazette on 22-01-2024.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
30-09-2020 close30-04-2021 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 08-05-2020, 8 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 · 2 filingsDeviation from the deadline
2021
not filed
2020
not filed
2019
8 d late
2018
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 30 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2019, abbreviated schema
Equity
€139,931
Total assets
€880,415
Net result
€110,346
Working capital
€98,955
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €880,415
Fixed assets
€42,777
Current assets
€837,638
Equity and liabilities €880,415
Equity
€139,931
Debt
€740,484
Debt finances 84.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€179,425
Cash flow
€120,325
Current ratio
1.13
Quick ratio
0.84
ROE
78.9%
ROA
12.5%
Debt ≤ 1 year
€738,683
Income taxes
€47,678
Annual accounts
| Line | 2019 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,979 |
| Gross operating margin9900 | €252,204 |
| Operating profit (loss)9901 | €169,446 |
| Recurring financial income75 | €180 |
| Recurring financial charges65 | €11,602 |
| Profit (loss) for the period before taxes9903 | €158,024 |
| Income taxes67/77 | €47,678 |
| Profit (loss) for the period9904 | €110,346 |
| Profit (loss) for the period to be appropriated9905 | €110,346 |
| Line | 2019 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €880,415 | |
| Fixed assets21/28 | €42,777 | |
| Tangible fixed assets22/27 | €33,052 | |
| Financial fixed assets28 | €9,725 | |
| Current assets29/58 | €837,638 | |
| Stocks and contracts in progress3 | €220,294 | |
| Amounts receivable within one year40/41 | €609,185 | |
| Cash at bank and in hand54/58 | €8,159 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €880,415 | |
| Equity10/15 | €139,931 | |
| Contributions10/11 | €18,600 | |
| Reserves13 | €121,331 | |
| Amounts payable17/49 | €740,484 | |
| Amounts payable within one year42/48 | €738,683 | |
| Trade debts44 | €13,487 | |
| Line | 2019 |
|---|---|
| Profit (loss) for the period9904 | €110,346 |
| + Depreciation and write-downs630 | €9,979 |
| Operating cash flow (approximation) | €120,325 |
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
2024
22-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 08-01-2024
2022
01-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 27-06-2022
30-06
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent · interim administrator: Charlotte Geeraert · event 23-06-2022
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 8 days late
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 52 days late
SignalNBB filing
0 of 7 acts read
About the unread acts
We know of 7 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
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN CLEYMAN Pr. Jos. Charlottelaan 71, 9100 Sint-Niklaas |
27-06-2022 → 08-01-2024 |
| Curator | CATHA-
RINA ORLENT Pr.Jos.Charlottelaan 71, 9100 Sint-Niklaas |
27-06-2022 → 08-01-2024 |
| Interim administrator | Charlotte Geeraert | 23-06-2022 → present |