SANI CONSTRUCT GROUP
Open bankruptcyA bankruptcy procedure is open for SANI CONSTRUCT GROUP according to publications in the Belgian State Gazette; curator: NICK PEETERS.
Summary
The 2022 annual accounts show equity of €56k and a net result of €6k.
Signals
Three 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 31-12-2022 was due by 31-07-2023 and was filed on 12-10-2023, 73 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
not filed
2022
73 d late
2021
18 d early
2020
40 d late
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€634k▼ 27.8%
2021 · €879k
2019: €462k
2020: €615k
2021: €879k
2019 → 2022
EBIT margin
4.1%▲ 2.0pp
2021 · 2.1%
2019: 5.8%
2020: 7.2%
2021: 2.1%
2019 → 2022
Net result
€6k▲ 57.0%
2021 · €4k
2018: €117k
2019: €13k
2020: €33k
2021: €4k
2018 → 2022
Working capital
€215k▲ 254%
2021 · €61k
2018: €-69k
2019: €-18k
2020: €62k
2021: €61k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€462k€615k▲ 33.0%€879k▲ 42.9%€634k▼ 27.8%
Equity€-901-€12k€45k▲ 275%€49k▲ 8.7%€56k▲ 12.6%
Operating result€141k-€27k▼ 81.0%€45k▲ 66.0%€19k▼ 57.8%€26k▲ 38.0%
Net result€117k-€13k▼ 88.9%€33k▲ 156%€4k▼ 88.1%€6k▲ 57.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 38% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €845k
Fixed assets
€18k ▲ 12.2%
Current assets
€827k ▲ 52.8%
Equity and liabilities €845k
Equity
€56k ▲ 12.6%
Debt
€789k ▲ 55.4%
Debt's share of the balance-sheet total rises from 91.1% to 93.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▼
2021 · €53k
Cash flow
€10k▼
2021 · €38k
Current ratio
1.35▲
2021 · 1.13
Quick ratio
0.53▲
2021 · 0.17
Debt to equity
14.18▲
2021 · 10.27
ROE
11.2%▲
2021 · 8.0%
ROA
0.7%▲
2021 · 0.7%
Interest coverage
2.15▼
2021 · 8.03
Debt ≤ 1 year
€612k▲
2021 · €481k
Debt > 1 year
€177k▲
2021 · €27k
Income taxes
€6k▼
2021 · €8k
Staff costs
€42k▲
2021 · €2k
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 · 51 lines
Balance sheet
Code20212022
Assets
Total assets20/58€557k€845k▲
Fixed assets21/28€16k€18k▲
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€1k€1k▼
Financial fixed assets28€9k€13k▲
Current assets29/58€541k€827k▲
Stocks and contracts in progress3€462k€504k▲
Stocks30/36€462k€504k▲
Amounts receivable within one year40/41€78k€304k▲
Trade receivables40€68k€284k▲
Other amounts receivable41€10k€20k▲
Cash at bank and in hand54/58€881€881=
Deferred charges and accrued income490/1€793€19k▲
Equity and liabilities
Total equity and liabilities10/49€557k€845k▲
Equity10/15€49k€56k▲
Contributions10/11€55k€55k=
Outside capital11€55k€55k=
Other1109/19€55k€55k=
Profit (loss) carried forward14€-6k€683▲
Amounts payable17/49€508k€789k▲
Amounts payable after more than one year17€27k€177k▲
Financial debts170/4€27k€177k▲
Amounts payable within one year42/48€481k€612k▲
Current portion of amounts payable after more than one year42€28k€11k▼
Financial debts43€97€27k▲
Credit institutions430/8€97€27k▲
Trade debts44€305k€355k▲
Suppliers440/4€305k€355k▲
Taxes, remuneration and social security45€90k€36k▼
Taxes450/3€90k€31k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€57k€183k▲
Income statement
Code20212022
Turnover70€879k€634k▼
Goods, raw materials, services and sundry goods60/61€810k€547k▼
Remuneration, social security and pensions62€2k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€4k▼
Other operating charges640/8€14k€16k▲
Gross operating margin9900€69k€87k▲
Operating profit (loss)9901€19k€26k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€7k€14k▲
Recurring financial charges65€7k€14k▲
Profit (loss) for the period before taxes9903€12k€12k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€4k€6k▲
Profit (loss) for the period to be appropriated9905€4k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€683▲
Profit (loss) brought forward from the previous period14P€-10k€-6k▲
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
2024
23-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SANI CONSTRUCT GROUP BVBA NEERVELD 7, 2550 KONTICH · event 17-10-2024
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €4k ▼88.1%
Net result drops to €4k, the lowest in the series.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 49 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
2015
15-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
04-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 establishment unit since 2012
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.
Ground area
6,886 m²
Building footprint
3,994 m²
Volume, LiDAR
4,112 m³
2 parcels, Flanders · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
NN TILES
since 20122.206.387.734
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0061/00N000 | Flanders | 6,625 m² | 1 · 3,733 m² | - |
| 11811L3838/00N000 | Flanders | 261 m² | 1 · 261 m² | 22.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | NICK PEETERS BROEDERMINSTRAAT 9,
2030 ANTWERPEN 3 |
17-10-2024 → present |
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Of 212 companies in sector 47527 we hold annual accounts for 146. 112 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 formPrivate limited company (pre-2019)
Founded07-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.