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BE 0597.987.083Private limited company (pre-2019)Open bankruptcy
SABZ
Grondwetplein 8 ·1060 Sint-Gillis (bij-Brussel), Belgium· 11 yrs active
Sector: Non-specialised food retail
(47110)
Conclusion
A bankruptcy procedure is open for SABZ according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-10k) and a net result of €66k.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €-10k |
| Net result | €66k |
| Better than sector | 17% |
| Active | 11 yrs |
Snowflake analysis
18
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
0
Solvency
33
Growth
58
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
50 / 100
High riskComponents
· 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
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 06-08-2024 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 | -20.2% | 19.8% | |
| Net result | €66k | €3k | |
| Equity | €-10k | €14k | |
| Gross operating margin | €110k | €19k | |
| Staff costs | €36k | €30k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€74k
-
+113% vs sector
€66k
-
far above sector median
€73k
-
+212% vs sector
€51k
+80.6%
-78% vs sector
€-10k
+86.4%
far below sector median
€-39k
+53.9%
far below sector median
€36k
+395.7%
-68% vs sector
€465
-85.7%
-85% vs sector
€62k
-41.0%
-72% vs sector
€62k
-41.0%
-72% vs sector
0.37
+94.1%
-64% vs sector
0.07
+97.5%
-90% vs sector
-20.2%
+92.5%
far below sector median
-5.95
-333.6%
far below sector median
-634.9%
-
far below sector median
128.2%
-
far above sector median
319.79
-
far above sector median
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | €74k |
| Net profit | €66k |
| Cash flow | €73k |
| Staff costs | €36k |
| Income taxes | €465 |
| Dividends | - |
| Total assets | €51k |
| Equity | €-10k |
| Debt | €62k |
| of which ≤ 1y | €62k |
| of which > 1y | - |
| Working capital | €-39k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.37 |
| Quick ratio | 0.07 |
| Working capital ratio | -76.3% |
| Solvency | -20.2% |
| Debt / equity | -5.95 |
| Long-term debt ratio | - |
| Interest coverage | 319.79 |
| Gross margin | - |
| Net margin | - |
| ROA | 128.2% |
| ROE | -634.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| 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 | €51k |
| Fixed assets | 21/28 | €29k |
| Tangible fixed assets | 22/27 | €29k |
| Current assets | 29/58 | €23k |
| Stocks & contracts in progress | 3 | €18k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €51k |
| Equity | 10/15 | €-10k |
| Contributions / capital | 10/11 | €13k |
| Reserves | 13 | €713 |
| Accumulated profits (losses) | 14 | €-24k |
| Amounts payable | 17/49 | €62k |
| Amounts payable within one year | 42/48 | €62k |
| Trade debts payable within one year | 44 | €592 |
| Income statement | ||
| Gross operating margin | 9900 | €110k |
| Operating result | 9901 | €67k |
| Financial charges | 65 | €231 |
| Result before taxes | 9903 | €66k |
| Income taxes | 67/77 | €465 |
| Net result for the period | 9904 | €66k |
| Result to be appropriated | 9905 | €66k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
21-01-2026 → present | Belgian State Gazette |
| Curator | Bernard VANHAM Rue de Charleroi 2, 1400 NIVELLES- |
18-09-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 13-02-2015 |
| Status | Active |
| Postal code | 1060 |
| First BS signal | 25-09-2023 |
| Latest BS signal | 29-01-2026 |
Company structure, linked entities
Mandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units
MIDI EXPRESS
since 20152.239.399.210
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.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0393/00N011 | Brussels | 831 m² | 1 · 717 m² | 27.6 m · 8 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
29-01-2026
Bankruptcy
Opening
2024
06-08-2024
NBB filing
Annual accounts filed
2023
23-10-2023
Bankruptcy
Bankruptcy reversal
25-09-2023
Bankruptcy
Opening
29-07-2023
NBB filing
Annual accounts filed
2021
22-11-2021
NBB filing
Annual accounts filed
2020
18-09-2020
NBB filing
Annual accounts filed
2019
21-10-2019
NBB filing
Annual accounts filed
05-09-2019
NBB filing
Annual accounts filed
05-09-2019
NBB filing
Annual accounts filed
2016
02-08-2016
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
29-01-2026
Bankruptcy
Opening
23-10-2023
Bankruptcy
Bankruptcy reversal
25-09-2023
Bankruptcy
Opening
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 < 100 m²)47112
Primary activity highlighted.
Names & trade names
| Legal nameFR | SABZ |
Registered office
Grondwetplein 8
1060 Sint-Gillis (bij-Brussel), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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