Debts
€35,820 115% of the balance sheet
Suppliers 89%Taxes and wages 11%
SAR
Information for creditors
French-language Enterprise Court of Brussels · Official Gazette of 10-12-2025Appeal or third-party opposition 25-12-2025Filing the claim in RegSol 31-12-2025First verification report 07-01-2026Late claim until 01-12-2026
- Alain Henderickxtrusteeahenderickx@aah-law.com
Steps, deadlines and articles of law
The procedure
- Supervising judge
- Bernard Lycke
- Official Gazette
- 10-12-2025search the document for 2025/151299
Deadlines
- Appeal or third-party opposition
- passed on 25 December 2025art. XX.108, Code of Economic Law
- Filing the claim in RegSol
- passed on 31 December 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 7 January 2026art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 1 December 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Alain HenderickxRue De Stassart 48 Bl C/6, 1050 Ixellesahenderickx@aah-law.com
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- The ordinary term has passed. File a late claim in RegSol (regsol.be) until 1 December 2026, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
Embed in an article
Embed the SAR company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- The card stays current. The status follows the register and the figures come from the latest filed accounts. It carries no Checked score or verdict.
- It barely adds weight to your page: one small script and one data request, also answered from a cache. There are no cookies and no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Lifetime
4 annual accounts with figures on one time axispeak €149,743 (2023)
€91,249▼ 39.1%
lowest -€44,257 (2024)
-€44,257▼ €44,673
peak €39,678 (2023)
-€4,579▼ €44,257
€35,820▲ 0.2%
Board2 names since 2020
1 directorEL RAFEI Mohammed
Documentsfilings and deeds
28-08-202528 days late
2024micro format
Gross margin from €149,743 to €91,249Loss of €44,257Transfer of 100 shares from SI BOUKASEM Amina to EL RAFEI Moh… 17-04Equity from €39,678 to -€4,579Cash from €42,460 to €6,412
Key points
from the 2024 annual accounts, the last ones filedLiquidity
0.81 was 1.69 in 2023
Short-term debts rose from €35,739 to €35,820.
At the same address
4 companies
Vivere CR came to this address 16 days after the ruling.
No score
Recent changes
4 companies at this address later
Toussi, David, ATLAS WORKFORCE, DOLCE VITA GROUP and Vivere CR · since 2025
Bankruptcy published
French-language Enterprise Court of Brussels · judgment of 01-12-2025 · Bankruptcy
Address struck
KBO administration
Transfer of 100 shares from SI BOUKASEM Amina to EL RAFEI Mohammed
Resignation: SI BOUKASEM Amina (director) · Appointment: EL RAFEI Mohammed (director) · Director discharge: SI BOUKASEM Amina · General meeting of 05-03-2024 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 01-12-2025
- Legal form
- Private limited company
- Activity
- Retail sale of bread and pastry (bakery outlets)NACE 47241
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2024
- ≈ €720,000estimated
- €31,242▼ 58.6%
- Employeeson 31-12-2024
- 0
- Filing
- Filed on 28-08-2025
Insights on SAR
Equity fell from €39,678 in 2023 to -€4,579 in 2024, while debts rose from €35,739 to €35,820.
On 1 December 2025 the court declared SAR bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SAR
- What is the company number of SAR?
- The company number of SAR is 0758.812.687. The VAT number is the same number with BE in front: BE 0758.812.687.
- What does SAR do?
- According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
- What is the legal form of SAR?
- SAR is a private limited company (BV).
- When was SAR founded?
- SAR was founded on 26-11-2020.
- Is SAR still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.Company details
- What is the turnover of SAR?
- The turnover in financial year 2024 is ≈ €720,000. This figure is estimated from the gross margin of €91,249 and 45 comparable companies (NACE 472). It probably lies between €410,000 and €980,000.Financials
- Is SAR profitable?
- In financial year 2024, SAR made a loss of €44,257.
- Where can I find the annual accounts of SAR?
- SAR filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the retail sale of bread and pastry (bakery outlets) sector is doing.Sector figures