SAJOSAL
InactiveSAJOSAL was declared bankrupt on 25-10-2021 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed for insufficient assets by judgment of 17-04-2023, published in the Belgian State Gazette on 04-05-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
Overview
What they do
Activity not known
How big
€3,382total assets 2020
- Staff
- 0.8 FTE
- Equity
- -€38,132
- Profit
- €11,137
Turnover not published (abridged schema)
Financially healthy?
Inactive: no score
Who decides
Accounts 1523 d overdue0 of 5 deeds read
SignalsPrior bankruptcyNo filing for yearsA punctual record breaksShow the evidence
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline01-10-2026 today
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 23-08-2021, 23 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2020
23 d late
2019
31 d early
2018
5 d early
2017
32 d early
2016
31 d early
2015
2 d early
2014
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 11 days before the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.
Checked, nothing found (1)
- Bankruptcy closure (insufficient assets)Tribunal de l’entreprise du Brabant…
- OpeningTribunal de l’entreprise du Brabant…
- Annual accounts filedfiscal year 2020 · micro…
Financials
Fiscal year 2020Total assets €3,382Profit €11,137Solvency -1127.5%Liquidity 0.17
Total assets
€3,382▼ 86.8%
2018 - 2020
Net result
€11,137▲ 135%
2018 - 2020
Equity
-€38,132▲ 22.6%
2018 - 2020
Staff (FTE)
0.8▼ 20.0%
2018 - 2020
Financials · fiscal year 2020, micro schema
Trend over the years
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€10,072-€7,667▼ 23.9%€14,192▲ 85.1%
Net result€6,825-€4,744▼ 30.5%€11,137▲ 135%
Equity-€54,013--€49,269▲ 8.8%-€38,132▲ 22.6%
Total assets€32,504-€25,681▼ 21.0%€3,382▼ 86.8%
Debt€86,517-€74,950▼ 13.4%€41,514▼ 44.6%
Working capital-€76,252--€64,925▲ 14.9%-€16,101▲ 75.2%
Staff (FTE)1.3-1▼ 23.1%0.8▼ 20.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 85% above 2019 and is the highest result in the available series.
Key figures and ratios
Key figures and ratios
EBITDA
€20,775▲
2019 · €14,250
Cash flow
€17,720▲
2019 · €11,327
Debt ≤ 1 year
€19,483▼
2019 · €74,950
Debt > 1 year
€22,031
Income taxes
€183▲
2019 · €166
Ratios withheld: a balance sheet total of €3,382 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,896 | €6,583 | €6,583 | = |
| Gross operating margin9900 | €65,671 | €57,428 | €32,789 | ▼ 42.9% |
| Operating profit (loss)9901 | €10,072 | €7,667 | €14,192 | ▲ 85.1% |
| Recurring financial income75 | €30 | €1 | €3 | ▲ 200% |
| Recurring financial charges65 | €3,090 | €2,758 | €2,875 | ▲ 4.2% |
| Profit (loss) for the period before taxes9903 | €7,012 | €4,910 | €11,320 | ▲ 131% |
| Income taxes67/77 | €187 | €166 | €183 | ▲ 10.2% |
| Profit (loss) for the period9904 | €6,825 | €4,744 | €11,137 | ▲ 135% |
| Profit (loss) for the period to be appropriated9905 | €6,825 | €4,744 | €11,137 | ▲ 135% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €32,504 | €25,681 | €3,382 | ▼ 86.8% |
| Fixed assets21/28 | €22,239 | €15,656 | - | - |
| Tangible fixed assets22/27 | €22,239 | €15,656 | - | - |
| Current assets29/58 | €10,265 | €10,025 | €3,382 | ▼ 66.3% |
| Stocks and contracts in progress3 | €3,877 | €3,283 | - | - |
| Amounts receivable within one year40/41 | €373 | €1,250 | €1,908 | ▲ 52.6% |
| Cash at bank and in hand54/58 | €4,113 | €4,047 | €797 | ▼ 80.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €32,504 | €25,681 | €3,382 | ▼ 86.8% |
| Equity10/15 | -€54,013 | -€49,269 | -€38,132 | ▲ 22.6% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Profit (loss) carried forward14 | -€72,613 | -€67,869 | -€56,732 | ▲ 16.4% |
| Amounts payable17/49 | €86,517 | €74,950 | €41,514 | ▼ 44.6% |
| Amounts payable after more than one year17 | - | - | €22,031 | - |
| Amounts payable within one year42/48 | €86,517 | €74,950 | €19,483 | ▼ 74.0% |
| Trade debts44 | €29,642 | €23,911 | €5,100 | ▼ 78.7% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,825 | €4,744 | €11,137 | ▲ 135% |
| + Depreciation and write-downs630 | €6,896 | €6,583 | €6,583 | = |
| Operating cash flow (approximation) | €13,721 | €11,327 | €17,720 | ▲ 56.4% |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | -€66 | -€3,250 | ▼ 4,824% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE MOENS Rue De Clairvaux 40, 1348 Louvain-La-Neuve |
25-10-2021 → 17-04-2023 |
Timeline
14 eventsLatest 04-05-2023
History
Acts, filings and financial milestones
2023
04-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Brabant wallon · event 17-04-2023
2021
29-10
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 25-10-2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €11,137 ▲135%
Operating result €14,192, net result €11,137, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €4,744 ▼30.5%
Net result drops to €4,744, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
25-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
01-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 1 day late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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