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SAH

Open bankruptcy
KBO/BCE: BE 0556.903.427

A bankruptcy procedure is open for SAH according to publications in the Belgian State Gazette; curator: RONNY CEUSTERS.

Summary

Inactive; last annual accounts for fiscal year 2015.

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, Turnhout division
Declared bankrupt
3 May 2022
Supervising judge
Guido Gilis
Official Gazette
09-05-2022 (pdf) ↗search the document for 2022/116617

Curator

  • Ronny CeustersGemeentestraat 4 Bus 6, 2300 Turnhout- . 41761 Belgisch Staatsblad — 09.05.2022 — Moniteur Belgeinfo@pswc-advocaten.be

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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 19-09-2016, 50 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 · 1 filing
Deviation from the deadline
2015
50 d late
← before the deadline after the deadline →
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

SAH has filed annual accounts once, for fiscal year 2015.1 On 3 May 2022 the company was declared bankrupt.2

  1. 1National Bank, annual accounts 2015
  2. 2Belgian State Gazette, 09-05-2022

Go further with this company

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

Financials · fiscal year 2015, abbreviated schema

Equity
€19,306
Total assets
€208,766
Net result
€1,406
Working capital
€6,956

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €208,766
Fixed assets €12,350
Current assets €196,416
Equity and liabilities €208,766
Equity €19,306
Debt €189,459
Debt finances 90.8% of the balance-sheet total.
Key figures and ratios
2015 value
EBITDA
€7,806
Cash flow
€4,706
Current ratio
1.04
ROE
7.3%
ROA
0.7%
Debt ≤ 1 year
€189,459
Income taxes
€1,104
Annual accounts
Filed annual accounts As filed with the NBB · 2015 · 22 lines
Balance sheet Code2015
Assets
Total assets20/58€208,766
Fixed assets21/28€12,350
Tangible fixed assets22/27€5,900
Financial fixed assets28€6,450
Current assets29/58€196,416
Amounts receivable within one year40/41€193,039
Cash at bank and in hand54/58€3,377
Equity and liabilities
Total equity and liabilities10/49€208,766
Equity10/15€19,306
Contributions10/11€17,900
Reserves13€1,406
Amounts payable17/49€189,459
Amounts payable within one year42/48€189,459
Trade debts44€168,251
Income statement Code2015
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,300
Gross operating margin9900€9,602
Operating profit (loss)9901€4,506
Recurring financial charges65€1,996
Profit (loss) for the period before taxes9903€2,511
Income taxes67/77€1,104
Profit (loss) for the period9904€1,406
Profit (loss) for the period to be appropriated9905€1,406
Line2015
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,300
Gross operating margin9900€9,602
Operating profit (loss)9901€4,506
Recurring financial charges65€1,996
Profit (loss) for the period before taxes9903€2,511
Income taxes67/77€1,104
Profit (loss) for the period9904€1,406
Profit (loss) for the period to be appropriated9905€1,406
Line2015
Assets
Total assets20/58€208,766
Fixed assets21/28€12,350
Tangible fixed assets22/27€5,900
Financial fixed assets28€6,450
Current assets29/58€196,416
Amounts receivable within one year40/41€193,039
Cash at bank and in hand54/58€3,377
Equity and liabilities
Total equity and liabilities10/49€208,766
Equity10/15€19,306
Contributions10/11€17,900
Reserves13€1,406
Amounts payable17/49€189,459
Amounts payable within one year42/48€189,459
Trade debts44€168,251
Line2015
Profit (loss) for the period9904€1,406
+ Depreciation and write-downs630€3,300
Operating cash flow (approximation)€4,706

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

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Timeline · acts, filings and financial milestones

2022
09-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 03-05-2022
2016
19-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 50 days late
SignalNBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator RONNY CEUSTERS
GEMEENTESTRAAT 4 BUS 6, 2300 TURNHOUT- . 41761 BELGISCH STAATSBLAD — 09.05.2022 — MONITEUR BELGE
03-05-2022 → present