Sadaat
Open bankruptcyA bankruptcy procedure is open for Sadaat according to publications in the Belgian State Gazette; curator: MARTIN DION. The 2023 annual accounts show equity of €49k and a net result of €10k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
57 d late
2021
136 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€63k
EBIT margin
8.0%
Net result
€10k▼ 59.3%
2022 · €25k
2018: €3k
2019: €-3k
2020: €5k
2021: €8k
2022: €25k
2018 → 2023
Working capital
€39k▲ 24.1%
2022 · €31k
2018: €-6k
2019: €-7k
2020: €-119
2021: €8k
2022: €31k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€63k
Equity€2k-€7k▲ 281%€14k▲ 122%€39k▲ 170%€49k▲ 25.6%
Operating result€-3k-€5k€9k▲ 68.9%€28k▲ 227%€13k▼ 53.5%
Net result€-3k-€5k€8k▲ 65.5%€25k▲ 208%€10k▼ 59.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 53% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €72k
Fixed assets
€13k▼ 17.1%
Current assets
€58k▲ 40.5%
Equity and liabilities €72k
Equity
€49k▲ 25.6%
Debt
€23k▲ 21.8%
The debt ratio falls from 32.4% to 31.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2022 · €32k
Cash flow
€13k▼
2022 · €29k
Solvency
68.2%▲
2022 · 67.6%
Current ratio
2.96▼
2022 · 3.99
Quick ratio
2.96▼
2022 · 3.99
Debt / equity
0.47▼
2022 · 0.48
ROE
20.4%▼
2022 · 62.9%
ROA
13.9%▼
2022 · 42.5%
Interest coverage
43.32▼
2022 · 81.37
Debt
€23k▲
2022 · €19k
Debt ≤ 1 year
€20k▲
2022 · €10k
Debt > 1 year
€3k▼
2022 · €8k
Income taxes
€3k▼
2022 · €3k
Staff costs
€14k▲
2022 · €9k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€58k€72k▲
Fixed assets21/28€16k€13k▼
Tangible fixed assets22/27€16k€13k▼
Land and buildings22€15k€13k▼
Plant, machinery and equipment23€509€0▼
Furniture and vehicles24€413€227▼
Current assets29/58€42k€58k▲
Amounts receivable within one year40/41€14k€15k▲
Trade receivables40€8k€4k▼
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€27k€43k▲
Equity and liabilities
Total equity and liabilities10/49€58k€72k▲
Equity10/15€39k€49k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Profit (loss) carried forward14€20k€30k▲
Amounts payable17/49€19k€23k▲
Amounts payable after more than one year17€8k€3k▼
Financial debts170/4€8k€3k▼
Amounts payable within one year42/48€10k€20k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9-€2k
Income statement
Code20222023
Remuneration, social security and pensions62€9k€14k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€4k€150▼
Gross operating margin9900€45k€30k▼
Operating profit (loss)9901€28k€13k▼
Financial charges65/66B€391€363▼
Recurring financial charges65€391€363▼
Profit (loss) for the period before taxes9903€28k€13k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€25k€10k▼
Profit (loss) for the period to be appropriated9905€25k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€30k▲
Profit (loss) brought forward from the previous period14P€-4k€20k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · SADAAT BVBA MANNEN- BERG(S) 97/B, 3270 SCHERPENHEUVEL · event 20-03-2025
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial
Highest result since 2018net €25k ▲208%
Operating result €28k, net result €25k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.99
Current ratio from 1.40 to 3.99; short-term debt falls from €20k to €10k.
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 136 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-3k ▼205%
Net result drops to €-3k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Scherpenheuvel-Zichem · 2 establishment units since 2016
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.
Mannenberg(S) 973270 Scherpenheuvel-ZichemGround area
465 m²
Building footprint
673 m²
Volume, LiDAR
3,637 m³
Parcel 24098B0001/00Z006, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Sadaat
since 20162.257.183.070
Scherp Pizza and Pitta
since 20172.269.816.529
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24098B0001/00Z006 | Flanders | 465 m² | 1 · 673 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARTIN DION BONDGENOTENLAAN 167,
3000 LEUVEN |
20-03-2025 → present |
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Of 3,209 companies in sector 95316 we hold annual accounts for 752. 560 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-09-2012
Fiscal year end31-12
Activities, NACEBEL
95316Washing and cleaning of motor vehicles
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.