SANDHILL
BankruptcySummary
The KBO register records for SANDHILL the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-5k) and a net result of €-6k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-06-2023, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
34 d early
2021
32 d early
2020
15 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-5k
2021 · €2k
2018: €42k
2019: €33k
2020: €10k
2021: €2k
2018 → 2022
Total assets
€64k▲ 1.7%
2021 · €63k
2018: €96k
2019: €87k
2020: €64k
2021: €63k
2018 → 2022
Net result
€-6k▲ 26.8%
2021 · €-9k
2018: €-18k
2019: €-9k
2020: €-23k
2021: €-9k
2018 → 2022
Working capital
€36k▼ 14.1%
2021 · €42k
2018: €82k
2019: €73k
2020: €50k
2021: €42k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€42k-€33k▼ 20.8%€10k▼ 69.3%€2k▼ 84.2%€-5k
Operating result€-18k-€-8k▲ 53.3%€-23k▼ 176%€-8k▲ 63.9%€-6k▲ 30.3%
Net result€-18k-€-9k▲ 51.6%€-23k▼ 164%€-9k▲ 62.7%€-6k▲ 26.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2022 against €8k in 2021; the loss shrinks.
Key figures and ratios
Solvency
-7.4%▼
2021 · 2.6%
Current ratio
2.29▼
2021 · 3.00
Debt to equity
-6.03▼
2021 · 12.93
ROA
-9.9%▲
2021 · -13.8%
Debt
€28k▲
2021 · €21k
Debt ≤ 1 year
€28k▲
2021 · €21k
Income taxes
€11▲
2021 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 38 lines
Balance sheet
Code20212022
Assets
Total assets20/58€63k€64k▲
Current assets29/58€63k€64k▲
Amounts receivable within one year40/41€42k€42k▲
Trade receivables40€40k€40k=
Other amounts receivable41€2k€2k▲
Current investments50/53€10k€10k=
Cash at bank and in hand54/58€11k€11k▲
Equity and liabilities
Total equity and liabilities10/49€63k€64k▲
Equity10/15€2k€-5k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-67k€-73k▼
Provisions and deferred taxes16€40k€40k=
Provisions for liabilities and charges160/5€40k€40k=
Environmental obligations163€40k€40k=
Amounts payable17/49€21k€28k▲
Amounts payable within one year42/48€21k€28k▲
Trade debts44€15k€14k▼
Suppliers440/4€15k€14k▼
Other amounts payable47/48€6k€14k▲
Accrued charges and deferred income492/3€54€495▲
Income statement
Code20212022
Other operating charges640/8€348€348=
Gross operating margin9900€-8k€-5k▲
Operating profit (loss)9901€-8k€-6k▲
Financial income75/76B€3€37▲
Recurring financial income75€3€37▲
Financial charges65/66B€392€605▲
Recurring financial charges65€392€605▲
Profit (loss) for the period before taxes9903€-9k€-6k▲
Income taxes67/77€0€11▲
Profit (loss) for the period9904€-9k€-6k▲
Profit (loss) for the period to be appropriated9905€-9k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-67k€-73k▼
Profit (loss) brought forward from the previous period14P€-59k€-67k▼
Timeline · acts, filings and financial milestones
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
2015
18-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 18 days late
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2005
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.
Livornostraat 71060 Sint-Gillis (bij-Brussel)Ground area
4,310 m²
Building footprint
692 m²
Volume, LiDAR
12,598 m³
Parcel 21013B0040/00C021, Brussels · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
SANDHILL
since 20052.242.380.969
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0040/00C021 | Brussels | 4,310 m² | 1 · 692 m² | 28.8 m · 8 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.
Similar companies · same sector, comparable size
FDU MANAGEMENT
BE 0898.426.965
Genappe · Eq €1,595
B.D.L.H.
BE 0879.898.777
Liège · Eq €1,647
ARDENNOR PROJECT & FACILITY MANAGEMENT
BE 0775.428.193
Neufchâteau · Eq €1,652
MVA IMMO
BE 1017.343.027
Assesse · Eq €1,563
ROGIC
BE 0788.687.204
Brugge · Eq €1,675
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-07-2005
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.