SANDIVER
Open bankruptcyA bankruptcy procedure is open for SANDIVER according to publications in the Belgian State Gazette; curator: NATHALIE VERMEERSCH. The 2023 annual accounts show equity of €89k and a net result of €27k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
31 d late
2021
89 d late
2020
31 d late
2019
258 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€89k▲ 43.4%
2022 · €62k
2018: €72k
2019: €87k
2020: €153k
2021: €68k
2022: €62k
2018 → 2023
Total assets
€264k▼ 19.6%
2022 · €328k
2018: €284k
2019: €310k
2020: €313k
2021: €246k
2022: €328k
2018 → 2023
Net result
€27k
2022 · €-6k
2018: €6k
2019: €15k
2020: €67k
2021: €-85k
2022: €-6k
2018 → 2023
Working capital
€74k▲ 65.7%
2022 · €45k
2018: €52k
2019: €58k
2020: €126k
2021: €49k
2022: €45k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€87k-€153k▲ 77.1%€68k▼ 55.7%€62k▼ 9.0%€89k▲ 43.4%
Operating result€18k-€80k▲ 337%€-77k€1k€36k▲ 2,727%
Net result€15k-€67k▲ 359%€-85k€-6k▲ 92.8%€27k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 2,727% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €264k
Fixed assets
€15k▼ 31.9%
Current assets
€249k▼ 18.7%
Equity and liabilities €264k
Equity
€89k▲ 43.4%
Debt
€175k▼ 34.2%
The debt ratio falls from 81.2% to 66.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2022 · €14k
Cash flow
€40k▲
2022 · €6k
Solvency
33.6%▲
2022 · 18.8%
Current ratio
1.42▲
2022 · 1.17
Quick ratio
1.04▲
2022 · 0.74
Debt / equity
1.97▼
2022 · 4.31
ROE
30.3%▲
2022 · -9.9%
ROA
10.2%▲
2022 · -1.9%
Interest coverage
5.12▲
2022 · 1.87
Debt
€175k▼
2022 · €266k
Debt ≤ 1 year
€175k▼
2022 · €262k
Income taxes
€132▲
2022 · €120
Staff costs
€238k▼
2022 · €241k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€328k€264k▼
Fixed assets21/28€22k€15k▼
Tangible fixed assets22/27€17k€10k▼
Plant, machinery and equipment23€5k€8k▲
Furniture and vehicles24€3k€1k▼
Leasing and similar rights25€9k-
Financial fixed assets28€5k€5k=
Current assets29/58€306k€249k▼
Stocks and contracts in progress3€113k€66k▼
Stocks30/36€113k€66k▼
Amounts receivable within one year40/41€187k€177k▼
Trade receivables40€166k€176k▲
Other amounts receivable41€21k€1k▼
Cash at bank and in hand54/58€78€60▼
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€328k€264k▼
Equity10/15€62k€89k▲
Contributions10/11€19k€19k=
Reserves13€134k€134k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€132k€132k=
Profit (loss) carried forward14€-91k€-64k▲
Amounts payable17/49€266k€175k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€262k€175k▼
Current portion of amounts payable after more than one year42€8k€5k▼
Financial debts43€58k€54k▼
Credit institutions430/8€58k€54k▼
Trade debts44€102k€39k▼
Suppliers440/4€102k€39k▼
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€37k€13k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€35k€11k▼
Other amounts payable47/48€55k€63k▲
Income statement
Code20222023
Remuneration, social security and pensions62€241k€238k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€259k€290k▲
Operating profit (loss)9901€1k€36k▲
Financial income75/76B€36€248▲
Recurring financial income75€36€248▲
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€-6k€27k▲
Income taxes67/77€120€132▲
Profit (loss) for the period9904€-6k€27k▲
Profit (loss) for the period to be appropriated9905€-6k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€-64k▲
Profit (loss) brought forward from the previous period14P€-84k€-91k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SANDIVER BV FRANS BEIREN- SLAAN 209, 2150 ANTWERPEN · event 26-06-2025
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Weakest financial yearnet €-85k ▼228%
Net result drops to €-85k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 258 days late
2020
31-12
Financial
Highest result since 2018net €67k ▲359%
Operating result €80k, net result €67k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲77.1%
3 profitable years in a row build equity to €153k.
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
21-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2004
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.
Frans Beirenslaan 2092150 AntwerpenGround area
557 m²
Building footprint
517 m²
Volume, LiDAR
3,076 m³
Parcel 11007A0047/00A012, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SANDIVER
since 20042.136.390.356
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0047/00A012 | Flanders | 557 m² | 1 · 517 m² | 11.5 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NATHALIE VERMEERSCH PLANTINKAAI 10/21,
2000 ANTWERPEN 1 |
26-06-2025 → present |
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,884 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2004
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/504034