SARA & CO
InactiveSARA & CO was declared bankrupt on 05-04-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 30-01-2024, published in the Belgian State Gazette on 06-02-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 12-07-2018, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, full schema
Turnover
€12k▲ 44.5%
2013 · €8k
2013: €8k
2013 → 2014
EBIT margin
-34.1%▲ 259.9pp
2013 · -294.1%
2013: -294.1%
2013 → 2014
Net result
€4k▼ 14.3%
2016 · €5k
2013: €-25k
2014: €-5k
2015: €4k
2016: €5k
2013 → 2017
Working capital
€38k▲ 12.8%
2016 · €34k
2013: €5k
2014: €7k
2015: €20k
2016: €34k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Turnover€8k-€12k▲ 44.5%
Equity€29k-€25k▼ 15.5%€29k▲ 15.6%€34k▲ 17.6%€38k▲ 12.8%
Operating result€-25k-€-4k▲ 83.2%€5k€7k▲ 27.0%€7k▲ 12.3%
Net result€-25k-€-5k▲ 82.0%€4k€5k▲ 30.4%€4k▼ 14.3%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2017 is 12% above 2016 and is the highest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €57k
Equity
€38k▲ 12.8%
Debt
€19k▲ 11.3%
The debt ratio falls from 33.9% to 33.6%. Equity and debt are higher.
Key figures and ratios
Solvency
66.4%▲
2016 · 66.1%
Current ratio
2.98▲
2016 · 2.95
Quick ratio
2.98▲
2016 · 2.95
ROE
11.4%▼
2016 · 14.9%
ROA
7.5%▼
2016 · 9.9%
Debt
€19k▲
2016 · €17k
Debt ≤ 1 year
€19k▲
2016 · €17k
Income taxes
€3k▲
2016 · €218
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€51k€57k▲
Current assets29/58€51k€57k▲
Amounts receivable within one year40/41€51k€56k▲
Cash at bank and in hand54/58-€2k
Equity and liabilities
Total equity and liabilities10/49€51k€57k▲
Equity10/15€34k€38k▲
Contributions10/11€16k€16k=
Reserves13€2k€2k=
Profit (loss) carried forward14€16k€20k▲
Amounts payable17/49€17k€19k▲
Amounts payable within one year42/48€17k€19k▲
Trade debts44€439€2k▲
Income statement
Code20162017
Gross operating margin9900€10k€9k▼
Operating profit (loss)9901€7k€7k▲
Recurring financial charges65€1k€283▼
Profit (loss) for the period before taxes9903€5k€7k▲
Income taxes67/77€218€3k▲
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Timeline · acts, filings and financial milestones
2024
06-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · SARA AND CO BV GROENSTRAAT 14-16/58, 1800 VILVOORDE · event 30-01-2024
2022
11-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · SARA AND CO BV GROEN- STRAAT 14-16/58, 1800 VILVOORDE · event 05-04-2022
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 421 days late
2016
31-12
Financial
Highest result since 2013net €5k ▲30.4%
Net result €5k, the highest in the series.
2015
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
25-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 56 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
31-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 31 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 31 days late
2011
28-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 28 days late
2010
31-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 31 days late
2009
31-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 31 days late
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
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 | JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER-
ZEEL |
05-04-2022 → present |