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SADT

Open bankruptcy
Private limited company (pre-2019)founded 2014Herkkantstraat 66, 3510 Hasselt, BelgiumKBO/BCE: BE 0506.918.535
Summary

A bankruptcy procedure is open for SADT according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €14,716 and a net result of €2,458.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
23 March 2023
Supervising judge
Christophe Wels
Official Gazette
29-03-2023 (pdf) ↗search the document for 2023/112098

Deadlines

Provisional date payments stopped
23 March 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 13 April 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 22 April 2023art. XX.104 and XX.155 CEL
First verification report
passed on 4 May 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 23 March 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 December 2014, SADT was incorporated.1 Total assets went from EUR 18,783 in 2018 to EUR 16,897 in 2020.2 The company was declared bankrupt on 23 March 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 29-03-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Equity
€14,716▲ 20.1%
2019 · €12,258
Total assets
€16,897▲ 18.2%
2019 · €14,297
Net result
€2,458▲ 112%
2019 · €1,160
Working capital
€13,541▲ 39.2%
2019 · €9,728
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result€28,459-€2,376▼ 91.7%€3,193▲ 34.4%
Net result€22,809-€1,160▼ 94.9%€2,458within the sector's middle half▲ 112%
Equity€11,098-€12,258▲ 10.5%€14,716within the sector's middle half▲ 20.1%
Total assets€18,783-€14,297▼ 23.9%€16,897below the sector's middle half▲ 18.2%
Debt€7,685-€2,039▼ 73.5%€2,181▲ 7.0%
Working capital€7,213-€9,728▲ 34.9%€13,541▲ 39.2%
Solvency59.1%-85.7%▲ 26.7pp87.1%above the sector's middle half▲ 1.4pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2018: €28,459€28,459Net result 2018: €22,809€22,809Operating result 2019: €2,376€2,376Net result 2019: €1,160€1,160Operating result 2020: €3,193€3,193Net result 2020: €2,458€2,458201820192020€0€10,000€20,000€30,000Operating result 2018: €28,459€28,500Net result 2018: €22,809€22,800Operating result 2019: €2,376€2,380Net result 2019: €1,160€1,160Operating result 2020: €3,193€3,190Net result 2020: €2,458€2,460201820192020
The operating result recovers in 2020; 2020 is 34% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €16,897
Fixed assets €1,175 ▼ 53.6%
Current assets €15,722 ▲ 33.6%
Equity and liabilities €16,897
Equity €14,716 ▲ 20.1%
Debt €2,181 ▲ 7.0%
Debt's share of the balance-sheet total falls from 14.3% to 12.9%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€4,548▲
2019 · €3,731
Cash flow
€3,813▲
2019 · €2,515
Current ratio
7.21▲
2019 · 5.77
ROE
16.7%▲
2019 · 9.5%
ROA
14.5%▲
2019 · 8.1%
Debt ≤ 1 year
€2,181▲
2019 · €2,039
Income taxes
€239=
2019 · €239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 20 lines
Balance sheet Code20192020
Assets
Total assets20/58€14,297€16,897▲
Fixed assets21/28€2,530€1,175▼
Tangible fixed assets22/27€2,530€1,175▼
Current assets29/58€11,767€15,722▲
Amounts receivable within one year40/41€4,285€1,352▼
Cash at bank and in hand54/58€2,067€1,955▼
Equity and liabilities
Total equity and liabilities10/49€14,297€16,897▲
Equity10/15€12,258€14,716▲
Reserves13€7,332€7,332=
Profit (loss) carried forward14-€1,274€1,184▲
Amounts payable17/49€2,039€2,181▲
Amounts payable within one year42/48€2,039€2,181▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,355€1,355=
Gross operating margin9900€4,691€8,470▲
Operating profit (loss)9901€2,376€3,193▲
Recurring financial charges65€977€496▼
Profit (loss) for the period before taxes9903€1,399€2,697▲
Income taxes67/77€239€239=
Profit (loss) for the period9904€1,160€2,458▲
Profit (loss) for the period to be appropriated9905€1,160€2,458▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,355€1,355€1,355=
Gross operating margin9900€31,312€4,691€8,470▲ 80.6%
Operating profit (loss)9901€28,459€2,376€3,193▲ 34.4%
Recurring financial charges65€1,384€977€496▼ 49.2%
Profit (loss) for the period before taxes9903€27,075€1,399€2,697▲ 92.8%
Income taxes67/77€4,266€239€239=
Profit (loss) for the period9904€22,809€1,160€2,458▲ 112%
Profit (loss) for the period to be appropriated9905€22,809€1,160€2,458▲ 112%
Line201820192020Change
Assets
Total assets20/58€18,783€14,297€16,897▲ 18.2%
Fixed assets21/28€3,885€2,530€1,175▼ 53.6%
Tangible fixed assets22/27€3,885€2,530€1,175▼ 53.6%
Current assets29/58€14,898€11,767€15,722▲ 33.6%
Amounts receivable within one year40/41€5,844€4,285€1,352▼ 68.4%
Cash at bank and in hand54/58€9,054€2,067€1,955▼ 5.4%
Equity and liabilities
Total equity and liabilities10/49€18,783€14,297€16,897▲ 18.2%
Equity10/15€11,098€12,258€14,716▲ 20.1%
Contributions10/11€6,200---
Reserves13€7,332€7,332€7,332=
Profit (loss) carried forward14-€2,434-€1,274€1,184▲ 193%
Amounts payable17/49€7,685€2,039€2,181▲ 7.0%
Amounts payable within one year42/48€7,685€2,039€2,181▲ 7.0%
Line201820192020Change
Profit (loss) for the period9904€22,809€1,160€2,458▲ 112%
+ Depreciation and write-downs630€1,355€1,355€1,355=
Operating cash flow (approximation)€24,164€2,515€3,813▲ 51.6%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€6,987-€112▲ 98.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
29-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 23-03-2023
2022
27-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 272 days late
27-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 637 days late
27-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 1003 days late
2019
30-09
Financial Weakest financial yearnet €1,160 ▼94.9%
Net result drops to €1,160, the lowest in the series.
30-09
Financial Liquidity triplescurrent ratio 5.77
Current ratio from 1.94 to 5.77; short-term debt falls from €7,685 to €2,039.
2018
02-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
3,877 m²
Building footprint
284 m²
Volume, LiDAR
1,617 m³
Parcel 71054B0380/00C000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SADT
Herkkantstraat 66, 3510 HasseltAgents in non-specialised wholesale trade
since 20142.238.095.351
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71054B0380/00C000 Flanders 3,877 m² 1 · 284 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

3 mandates
Role Name Tenure
Curator DOMINIC GIELEN
VAN DIJCKLAAN 15, 3500 HASSELT-
23-03-2023 → present
Curator XAVIER GIELEN
Van Dijcklaan 15, 3500 HASSELT
23-03-2023 → present
Curator FREDERIKA VAN SWYGENHOVEN
VAN DIJCKLAAN 15, 3500 HASSELT
23-03-2023 → present

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,509. 2,068 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded17-12-2014
Fiscal year end30-09
Activities, NACEBEL 2025
82100Office administrative and support services
47120Other non-specialised retail sale
47530
47551Retail sale of household furniture
47552Retail sale of lighting equipment
49330On-demand passenger transport by chauffeured vehicle
55100Hotels and similar accommodation
74130Interior design
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.