SANDEK
Open bankruptcyA bankruptcy procedure is open for SANDEK according to publications in the Belgian State Gazette; curator: GUILLAUME STOOP.
Summary
The file additionally contains 3 judicial reorganisation notices. The 2021 annual accounts show negative equity (-€506,128) and a net result of -€12,942.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 16 October 2023
- Supervising judge
- Francois Van de Velde
- Official Gazette
- 23-10-2023 (pdf) ↗search the document for 2023/139581
Deadlines
- Appeal or third-party opposition until
- passed on 7 November 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 November 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 22 November 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 16 October 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Guillaume StoopGalerie Du Roi 27, 1000 Bruxellesguillaume.stoop@moov.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Retail sale of cars and light vans (up to 3.5 tonnes) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€12,942▲ 97.3%
2020 · -€487,319
Working capital
-€106,128▲ 78.1%
2020 · -€483,669
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line2018201920202021
Operating result€107-€10,308▲ 9,540%-€483,712-€12,179▲ 97.5%
Net result-€5,070-€8,169-€487,319below the sector's middle half-€12,942below the sector's middle half▲ 97.3%
Equity€6,715-€14,884▲ 122%-€472,434below the sector's middle half-€506,128below the sector's middle half▼ 7.1%
Total assets€246,100-€106,437▼ 56.8%€14,277below the sector's middle half▼ 86.6%€400,904above the sector's middle half▲ 2,708%
Debt€239,385-€91,553▼ 61.8%€486,712▲ 432%€907,032▲ 86.4%
Working capital-€10,667--€1,002▲ 90.6%-€483,669below the sector's middle half▼ 48,193%-€106,128below the sector's middle half▲ 78.1%
Solvency2.7%-14.0%▲ 11.3pp-126.2%below the sector's middle half
Current ratio0.96-0.99▲ 0.030.01below the sector's middle half▼ 0.980.79below the sector's middle half▲ 0.78
Return on assets (ROA)-2.1%-7.7%▲ 9.7pp-3.2%below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2021 Net result +97% on 2020. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,179 in 2021 against €483,712 in 2020; the loss shrinks.
Key figures and ratios
Debt to equity
-1.79
Debt ≤ 1 year
€507,032▲
2020 · €486,712
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,650 | €1,496 | €4,652 | - | - |
| Gross operating margin9900 | €1.6m | €1.4m | €401,748 | -€12,179 | ▼ 103% |
| Operating profit (loss)9901 | €107 | €10,308 | -€483,712 | -€12,179 | ▲ 97.5% |
| Financial charges65/66B | - | - | - | €763 | - |
| Recurring financial charges65 | €2,641 | €2,139 | €886 | €763 | ▼ 13.9% |
| Profit (loss) for the period before taxes9903 | -€2,534 | €8,169 | -€484,598 | -€12,942 | ▲ 97.3% |
| Income taxes67/77 | €2,536 | - | €2,721 | - | - |
| Profit (loss) for the period9904 | -€5,070 | €8,169 | -€487,319 | -€12,942 | ▲ 97.3% |
| Profit (loss) for the period to be appropriated9905 | -€5,070 | €8,169 | -€487,319 | -€12,942 | ▲ 97.3% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €246,100 | €106,437 | €14,277 | €400,904 | ▲ 2,708% |
| Fixed assets21/28 | €17,382 | €15,886 | €11,234 | - | - |
| Tangible fixed assets22/27 | €6,147 | €4,652 | - | - | - |
| Financial fixed assets28 | €11,234 | €11,234 | €11,234 | - | - |
| Current assets29/58 | €228,719 | €90,551 | €3,043 | €400,904 | ▲ 13,076% |
| Amounts receivable within one year40/41 | €41,539 | €81,168 | - | €400,000 | - |
| Trade receivables40 | - | - | - | €400,000 | - |
| Cash at bank and in hand54/58 | €187,179 | €9,384 | €3,043 | €904 | ▼ 70.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €246,100 | €106,437 | €14,277 | €400,904 | ▲ 2,708% |
| Equity10/15 | €6,715 | €14,884 | -€472,434 | -€506,128 | ▼ 7.1% |
| Contributions10/11 | €18,892 | €18,892 | €18,892 | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | - | - |
| Profit (loss) carried forward14 | -€14,036 | -€5,867 | -€493,186 | -€506,128 | ▼ 2.6% |
| Amounts payable17/49 | €239,385 | €91,553 | €486,712 | €907,032 | ▲ 86.4% |
| Amounts payable within one year42/48 | €239,385 | €91,553 | €486,712 | €507,032 | ▲ 4.2% |
| Trade debts44 | - | - | €123,742 | €183,688 | ▲ 48.4% |
| Suppliers440/4 | - | - | - | €183,688 | - |
| Taxes, remuneration and social security45 | - | - | - | €247,617 | - |
| Taxes450/3 | - | - | - | €126,528 | - |
| Remuneration and social security454/9 | - | - | - | €121,090 | - |
| Other amounts payable47/48 | - | - | - | €75,727 | - |
| Accrued charges and deferred income492/3 | - | - | - | €400,000 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,070 | €8,169 | -€487,319 | -€12,942 | ▲ 97.3% |
| + Depreciation and write-downs630 | €4,650 | €1,496 | €4,652 | - | - |
| Operating cash flow (approximation) | -€420 | €9,665 | -€482,667 | -€12,942 | ▲ 97.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - |
| Change in cash | - | -€177,795 | -€6,341 | -€2,138 | ▲ 66.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-06
Bankruptcy
Supervising judge replaced
Tribunal de l’entreprise francophone de Bruxelles · event 16-06-2025
2023
23-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 16-10-2023
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 276 days late
2022
29-06
Judicial reorganisation
Plan approval refused
Tribunal de l’entreprise francophone de Bruxelles · event 22-06-2022
03-05
Judicial reorganisation
Extension
Tribunal de l’entreprise francophone de Bruxelles · collective agreement · event 27-04-2022
06-04
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement · event 30-03-2022
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€487,319
Net result drops to -€487,319, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-12
Financial
Back to profitnet €8,169
Net result €8,169 after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 118 days late
2018
03-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 125 days late
Show earlier events
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 64 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 177 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 26 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 28 days late
2013
31-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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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Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 1977
Ground area
5,786 m²
Building footprint
4,529 m²
Volume, LiDAR
130,373 m³
2 parcels, Brussels · tallest building 101.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
FLAMEX
since 19772.013.374.659
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0089/00D007 | Brussels | 3,879 m² | 1 · 2,740 m² | 101.4 m · 7 fl. |
| 21807G0089/00A007 | Brussels | 1,907 m² | 1 · 1,788 m² | 32.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUILLAUME STOOP GALERIE DU ROI 27,
1000 BRUXELLES |
16-10-2023 → present |
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Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 2,432 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
Founded01-02-1977
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.