SARA BEAUTY
InactiveSARA BEAUTY was declared bankrupt on 07-06-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 27-06-2023, published in the Belgian State Gazette on 04-07-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-08-2021, 29 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
29 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-13k▲ 1.9%
2019 · €-13k
2018: €-15k
2019: €-13k
2018 → 2020
Total assets
€6k▼ 52.3%
2019 · €13k
2018: €15k
2019: €13k
2018 → 2020
Net result
€252▼ 89.4%
2019 · €2k
2018: €374
2019: €2k
2018 → 2020
Working capital
€-18k▲ 17.0%
2019 · €-22k
2018: €-27k
2019: €-22k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-15k-€-13k▲ 15.5%€-13k▲ 1.9%
Operating result€999-€3k▲ 194%€556▼ 81.0%
Net result€374-€2k▲ 535%€252▼ 89.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 81% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €6k
Fixed assets
€5k ▼ 39.6%
Current assets
€935 ▼ 77.9%
Key figures and ratios
EBITDA
€4k▼
2019 · €6k
Cash flow
€4k▼
2019 · €6k
Solvency
-207.7%▼
2019 · -101.1%
Current ratio
0.05▼
2019 · 0.16
Quick ratio
0.02▼
2019 · 0.12
ROA
4.1%▼
2019 · 18.5%
Debt
€19k▼
2019 · €26k
Debt ≤ 1 year
€19k▼
2019 · €26k
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 · 2020 against 2019 · 21 lines
Balance sheet
Code20192020
Assets
Total assets20/58€13k€6k▼
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€8k€5k▼
Financial fixed assets28€102€102=
Current assets29/58€4k€935▼
Stocks and contracts in progress3€1k€545▼
Cash at bank and in hand54/58€3k€390▼
Equity and liabilities
Total equity and liabilities10/49€13k€6k▼
Equity10/15€-13k€-13k▲
Contributions10/11€19k-
Profit (loss) carried forward14€-32k€-31k▲
Amounts payable17/49€26k€19k▼
Amounts payable within one year42/48€26k€19k▼
Trade debts44€455€457▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Gross operating margin9900€16k€7k▼
Operating profit (loss)9901€3k€556▼
Recurring financial charges65€561€305▼
Profit (loss) for the period before taxes9903€2k€252▼
Profit (loss) for the period9904€2k€252▼
Profit (loss) for the period to be appropriated9905€2k€252▼
Timeline · acts, filings and financial milestones
2023
04-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · SARA BEAUTY BV KONINKLIJKE SINTE-MARIASTRAAT 28, 1030 Schaar- beek · event 27-06-2023
2022
14-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · SARA BEAUTY BV KONINK- LIJKE SINTE-MARIASTRAAT 28, 1030 Schaarbeek · event 07-06-2022
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
31-12
Financial
Weakest financial yearnet €252 ▼89.4%
Net result drops to €252, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Highest result since 2018net €2k ▲535%
Operating result €3k, net result €2k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN VERBEKE LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
07-06-2022 → 27-06-2023 |