SAPHIRE
Bankruptcy closedSAPHIRE was declared bankrupt on 26-11-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 20-01-2026, published in the Belgian State Gazette on 28-01-2026. The 2022 annual accounts show negative equity (€-159k) and a net result of €25k.
Signals
Four 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 02-06-2023, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
59 d early
2021
25 d late
2020
30 d late
2019
290 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-159k▲ 13.6%
2021 · €-184k
2018: €-183k
2019: €-195k
2020: €-179k
2021: €-184k
2018 → 2022
Total assets
€2k▼ 98.6%
2021 · €137k
2018: €155k
2019: €164k
2020: €148k
2021: €137k
2018 → 2022
Net result
€25k
2021 · €-5k
2018: €-25k
2019: €-11k
2020: €15k
2021: €-5k
2018 → 2022
Working capital
€-159k▲ 13.6%
2021 · €-184k
2018: €-183k
2019: €-195k
2020: €-179k
2021: €-184k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-183k-€-195k▼ 6.2%€-179k▲ 7.9%€-184k▼ 2.7%€-159k▲ 13.6%
Operating result€-26k-€-11k▲ 59.3%€739€-5k€-5k▼ 9.6%
Net result€-25k-€-11k▲ 53.7%€15k€-5k€25k
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 €5k in 2022 against €5k in 2021; the loss grows.
Key figures and ratios
Debt
€161k▼
2021 · €321k
Debt ≤ 1 year
€161k▼
2021 · €321k
Income taxes
€-264
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€137k€2k▼
Fixed assets21/28-€0
Tangible fixed assets22/27-€0
Furniture and vehicles24-€0
Current assets29/58€137k€2k▼
Amounts receivable within one year40/41€123k€398▼
Trade receivables40€2k-
Other amounts receivable41€121k€398▼
Cash at bank and in hand54/58€879€1k▲
Deferred charges and accrued income490/1€13k-
Equity and liabilities
Total equity and liabilities10/49€137k€2k▼
Equity10/15€-184k€-159k▲
Contributions10/11€25k€25k=
Reserves13€1.65M€1.65M=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€1.65M€1.65M=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-1.86M€-1.84M▲
Amounts payable17/49€321k€161k▼
Amounts payable within one year42/48€321k€161k▼
Trade debts44€283k€153k▼
Suppliers440/4€283k€153k▼
Taxes, remuneration and social security45€264-
Taxes450/3€264-
Other amounts payable47/48€38k€8k▼
Income statement
Code20212022
Other operating charges640/8€348€2k▲
Gross operating margin9900€-4k€-3k▲
Operating profit (loss)9901€-5k€-5k▼
Financial income75/76B€1€30k▲
Recurring financial income75€1€101▲
Non-recurring financial income76B-€30k
Financial charges65/66B€312€184▼
Recurring financial charges65€312€184▼
Profit (loss) for the period before taxes9903€-5k€25k▲
Income taxes67/77-€-264
Profit (loss) for the period9904€-5k€25k▲
Profit (loss) for the period to be appropriated9905€-5k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.86M€-1.84M▲
Profit (loss) brought forward from the previous period14P€-1.86M€-1.86M▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · SAPHIRE BV HEEDSTRAAT 58, 1730 ASSE · event 20-01-2026
2024
02-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · SAPHIRE BV HEEDSTRAAT 58, 1730 ASSE · event 26-11-2024
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
17-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 290 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 421 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 360 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
2015
15-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
01-07
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
3 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, Asse · 1 establishment unit since 1996
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.
Heedstraat 581730 AsseGround area
2,332 m²
Building footprint
475 m²
Volume, LiDAR
2,408 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAPHIRE
since 19962.077.990.121
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23002H0199/00K000 | Flanders | 1,993 m² | 1 · 137 m² | 6.3 m · 2 fl. |
| 23026C0001/00D000 | Flanders | 339 m² | 1 · 339 m² | 10.1 m · 2 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 | JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER-
ZEEL |
26-11-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-03-1996
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.