SABER SARA
InactiveSABER SARA was declared bankrupt on 06-04-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 08-04-2025, published in the Belgian State Gazette on 17-04-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 21-07-2022, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
10 d early
2020
95 d late
2019
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k
2020 · €-5k
2018: €28k
2019: €575
2020: €-5k
2018 → 2021
Working capital
€-3k▲ 90.1%
2020 · €-33k
2018: €-61k
2019: €-50k
2020: €-33k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-45k-€-44k▲ 1.3%€-49k▼ 11.5%€-43k▲ 12.3%
Operating result€30k-€2k▼ 93.4%€-4k€6k
Net result€28k-€575▼ 98.0%€-5k€6k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €6k after a loss of €4k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €55k
Fixed assets
€18k▲ 25.6%
Current assets
€37k▲ 93.3%
Key figures and ratios
EBITDA
€7k▲
2020 · €-3k
Cash flow
€7k▲
2020 · €-4k
Solvency
-78.5%▲
2020 · -146.5%
Current ratio
0.92▲
2020 · 0.37
Quick ratio
0.82▲
2020 · 0.34
Debt / equity
-1.15▼
2020 · -0.20
ROA
11.0%▲
2020 · -15.1%
Interest coverage
18.30
Debt
€50k▼
2020 · €62k
Debt ≤ 1 year
€40k▼
2020 · €52k
Debt > 1 year
€10k=
2020 · €10k
Staff costs
€13k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€34k€55k▲
Fixed assets21/28€15k€18k▲
Tangible fixed assets22/27€367€4k▲
Furniture and vehicles24-€4k
Financial fixed assets28€14k€14k=
Current assets29/58€19k€37k▲
Stocks and contracts in progress3€1k€4k▲
Stocks30/36-€4k
Amounts receivable within one year40/41€479€5k▲
Trade receivables40-€243
Other amounts receivable41-€5k
Cash at bank and in hand54/58€17k€28k▲
Equity and liabilities
Total equity and liabilities10/49€34k€55k▲
Equity10/15€-49k€-43k▲
Contributions10/11-€10k
Reserves13€9k€9k=
Non-distributable reserves130/1-€9k
Reserves not available under the articles1311-€9k
Profit (loss) carried forward14€-68k€-62k▲
Provisions and deferred taxes16€21k€48k▲
Provisions for liabilities and charges160/5-€48k
Environmental obligations163-€48k
Amounts payable17/49€62k€50k▼
Amounts payable after more than one year17€10k€10k=
Financial debts170/4-€10k
Amounts payable within one year42/48€52k€40k▼
Trade debts44€5k€6k▲
Suppliers440/4-€6k
Taxes, remuneration and social security45-€6k
Taxes450/3-€478
Remuneration and social security454/9-€6k
Other amounts payable47/48-€28k
Income statement
Code20202021
Non-recurring operating income76A-€20k
Remuneration, social security and pensions62-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€879▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€27k
Other operating charges640/8-€802
Gross operating margin9900€31k€49k▲
Operating profit (loss)9901€-4k€6k▲
Financial income75/76B-€123
Recurring financial income75€12€123▲
Financial charges65/66B-€394
Recurring financial charges65€674€394▼
Profit (loss) for the period before taxes9903€-5k€6k▲
Income taxes67/77€169-
Profit (loss) for the period9904€-5k€6k▲
Profit (loss) for the period to be appropriated9905€-5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-62k
Profit (loss) brought forward from the previous period14P-€-68k
Social balance
Average headcount (FTE)9087-1.3
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-04
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · SABER SARA SRL AVENUE LEOPOLD WIENER 60, 1170 WATERMAEL-BOITSFORT. déclarée le 6 avril 2023 · event 08-04-2025
2023
13-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SABER SARA SRL AVENUE LEOPOLD WIENER 60, 1170 WATERMAEL-BOITSFORT · event 06-04-2023
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 95 days late
2020
31-12
Financial
Weakest financial yearnet €-5k ▼984%
Net result drops to €-5k, the lowest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
2015
18-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 18 days late
2014
04-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 35 days late
2013
10-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 71 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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 | GAUTIER PIRARD RUE DE STASSART 48C,
1050 IXELLES |
06-04-2023 → present |