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SANDRA CONSTRUCT

Inactive
KBO/BCE: BE 0840.964.561

SANDRA CONSTRUCT was declared bankrupt on 26-04-2022 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed for insufficient assets by judgment of 06-05-2025, published in the Belgian Official Gazette on 12-05-2025.

Summary

Inactive; last annual accounts for financial year 2020.

SANDRA CONSTRUCTInactive

Financials · financial year 2020, micro format

2020 annual accounts filed late (31 days) Filed on 31 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-63700269.

Equity
-€24,116▲ 29.9%
2019 · -€34,401
Total assets
€107,704▲ 17.5%
2019 · €91,651
Net result
€10,285▼ 35.8%
2019 · €16,017
Working capital
-€42,129▲ 12.6%
2019 · -€48,175
Trend over the years

2018 to 2020, 3 financial years 2018 to 2020, 3 financial years

The operating result falls in 2020; 2020 is 29% below 2019.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€13,199 2020 Net result€10,285 2020

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020
Operating result-€66,462-€18,681€13,199▼ 29.3%
Net result-€69,117-€16,017€10,285▼ 35.8%
Equity-€50,418--€34,401▲ 31.8%-€24,116▲ 29.9%
Total assets€151,092-€91,651▼ 39.3%€107,704▲ 17.5%
Debt€201,510-€126,052▼ 37.4%€131,820▲ 4.6%
Working capital-€67,074--€48,175▲ 28.2%-€42,129▲ 12.6%
Staff (FTE)3.3-
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €107,704
Fixed assets €29,097 ▼ 26.0%
Current assets €78,607 ▲ 50.3%
Equity and liabilities
Equity-€24,116
Debt€131,820
Equity is negative: debt (€131,820) exceeds the balance-sheet total (€107,704).
Key figures and ratios
2020 value · change against 2019
EBITDA
€24,605▼
2019 · €36,482
Cash flow
€21,691▼
2019 · €33,818
Solvency
-22.4%▲
2019 · -37.5%
Current ratio
0.65▲
2019 · 0.52
ROA
9.5%▼
2019 · 17.5%
Debt ≤ 1 year
€120,736▲
2019 · €100,488
Debt > 1 year
€11,084▼
2019 · €25,564
Income taxes
€516
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet Code20192020
Assets
Total assets20/58€91,651€107,704▲
Fixed assets21/28€39,338€29,097▼
Tangible fixed assets22/27€39,338€29,097▼
Current assets29/58€52,313€78,607▲
Amounts receivable within one year40/41€52,313€77,487▲
Cash at bank and in hand54/58-€1,120
Equity and liabilities
Total equity and liabilities10/49€91,651€107,704▲
Equity10/15-€34,401-€24,116▲
Contributions10/11€1€1=
Reserves13€9,685€9,685=
Profit (loss) carried forward14-€44,087-€33,802▲
Amounts payable17/49€126,052€131,820▲
Amounts payable after more than one year17€25,564€11,084▼
Amounts payable within one year42/48€100,488€120,736▲
Trade debts44€13,355€26,111▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,801€11,406▼
Gross operating margin9900€46,866€31,341▼
Operating profit (loss)9901€18,681€13,199▼
Recurring financial charges65€2,664€2,398▼
Profit (loss) for the period before taxes9903€16,017€10,801▼
Income taxes67/77-€516
Profit (loss) for the period9904€16,017€10,285▼
Profit (loss) for the period to be appropriated9905€16,017€10,285▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,801€17,801€11,406▼ 35.9%
Gross operating margin9900€36,442€46,866€31,341▼ 33.1%
Operating profit (loss)9901-€66,462€18,681€13,199▼ 29.3%
Recurring financial income75€2,575---
Recurring financial charges65€4,600€2,664€2,398▼ 10.0%
Profit (loss) for the period before taxes9903-€68,488€16,017€10,801▼ 32.6%
Income taxes67/77€629-€516-
Profit (loss) for the period9904-€69,117€16,017€10,285▼ 35.8%
Profit (loss) for the period to be appropriated9905-€69,117€16,017€10,285▼ 35.8%
Line201820192020Change
Assets
Total assets20/58€151,092€91,651€107,704▲ 17.5%
Formation expenses20€0---
Fixed assets21/28€57,139€39,338€29,097▼ 26.0%
Tangible fixed assets22/27€57,139€39,338€29,097▼ 26.0%
Current assets29/58€93,953€52,313€78,607▲ 50.3%
Stocks and contracts in progress3€0---
Amounts receivable within one year40/41€80,834€52,313€77,487▲ 48.1%
Cash at bank and in hand54/58€0-€1,120-
Equity and liabilities
Total equity and liabilities10/49€151,092€91,651€107,704▲ 17.5%
Equity10/15-€50,418-€34,401-€24,116▲ 29.9%
Contributions10/11€1€1€1=
Reserves13€9,685€9,685€9,685=
Profit (loss) carried forward14-€60,104-€44,087-€33,802▲ 23.3%
Amounts payable17/49€201,510€126,052€131,820▲ 4.6%
Amounts payable after more than one year17€35,694€25,564€11,084▼ 56.6%
Amounts payable within one year42/48€161,028€100,488€120,736▲ 20.1%
Trade debts44€84,751€13,355€26,111▲ 95.5%
Line201820192020Change
Profit (loss) for the period9904-€69,117€16,017€10,285▼ 35.8%
+ Depreciation and write-downs630€17,801€17,801€11,406▼ 35.9%
Operating cash flow (approximation)-€51,316€33,818€21,691▼ 35.9%
Investment in fixed assets (approximation)--€0-€1,165▼ 647,122%

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

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2020 micro format 31-08-2021 2021-63700269
31-12-2019 micro format 23-02-2021 2021-06200206
31-12-2018 micro format 24-09-2019 2019-66100378
31-12-2017 micro format 24-09-2018 2018-64600177
31-12-2016 micro format 04-07-2017 2017-27100027
31-12-2015 full format 04-07-2016 2016-27100154
31-12-2014 full format 26-08-2015 2015-49100397
31-12-2013 full format 22-08-2014 2014-45600075
31-12-2012 full format 30-08-2013 2013-57300466

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.