SARGILLEN
Open bankruptcyA bankruptcy procedure is open for SARGILLEN according to publications in the Belgian State Gazette; curator: Luc PLESSERS.
Summary
The 2020 annual accounts show equity of €73,147 and a net result of €23,997.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 12 April 2022
- Supervising judge
- Rene Blockx
- Official Gazette
- 19-04-2022 (pdf) ↗search the document for 2022/113954
Deadlines
- Provisional date payments stopped
- 12 April 2022A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 4 May 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 12 May 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 18 May 2022Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 12 April 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Luc PlessersKunstlaan 24 Bus 9A, 1000 Brussel 1secretary@drpadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Retail sale of newspapers and periodicals sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€73,147▲ 48.8%
2019 · €49,150
Total assets
€233,975▲ 3.5%
2019 · €225,960
Net result
€23,997
2019 · -€9,225
Working capital
€59,836▲ 42.4%
2019 · €42,015
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€19,860-€27,745▲ 39.7%€39,283▲ 41.6%
Net result€8,638--€9,225€23,997above the sector's middle half
Equity€58,374-€49,150▼ 15.8%€73,147within the sector's middle half▲ 48.8%
Total assets€208,406-€225,960▲ 8.4%€233,975within the sector's middle half▲ 3.5%
Debt€150,031-€176,810▲ 17.8%€160,828▼ 9.0%
Working capital€45,101-€42,015▼ 6.8%€59,836within the sector's middle half▲ 42.4%
Solvency28.0%-21.8%▼ 6.3pp31.3%within the sector's middle half▲ 9.5pp
Current ratio1.99-1.51▼ 0.481.74within the sector's middle half▲ 0.24
Return on assets (ROA)4.1%--4.1%▼ 8.2pp10.3%within the sector's middle half▲ 14.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 42% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €219,996
Fixed assets
€79,837 ▼ 8.5%
Current assets
€140,160 ▲ 12.4%
Equity and liabilities €233,975
Equity
€73,147 ▲ 48.8%
Debt
€160,828 ▼ 9.0%
Debt's share of the balance-sheet total falls from 78.2% to 68.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50,479▲
2019 · €44,078
Cash flow
€35,193▲
2019 · €7,109
Quick ratio
1.65▲
2019 · 1.41
Debt to equity
1.10▼
2019 · 1.83
ROE
32.8%▲
2019 · -18.8%
Debt ≤ 1 year
€80,323▼
2019 · €82,685
Debt > 1 year
€80,504▼
2019 · €89,767
Income taxes
€8,485▼
2019 · €28,589
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,810 | €16,333 | €11,195 | ▼ 31.5% |
| Gross operating margin9900 | €52,181 | €45,942 | €52,758 | ▲ 14.8% |
| Operating profit (loss)9901 | €19,860 | €27,745 | €39,283 | ▲ 41.6% |
| Recurring financial income75 | €182 | €0 | €4 | ▲ 1,538% |
| Recurring financial charges65 | €8,587 | €8,381 | €6,805 | ▼ 18.8% |
| Profit (loss) for the period before taxes9903 | €11,455 | €19,364 | €32,483 | ▲ 67.7% |
| Income taxes67/77 | €2,817 | €28,589 | €8,485 | ▼ 70.3% |
| Profit (loss) for the period9904 | €8,638 | -€9,225 | €23,997 | ▲ 360% |
| Profit (loss) for the period to be appropriated9905 | €8,638 | -€9,225 | €23,997 | ▲ 360% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €208,406 | €225,960 | €233,975 | ▲ 3.5% |
| Formation expenses20 | €13,978 | €13,978 | €13,978 | = |
| Fixed assets21/28 | €103,615 | €87,282 | €79,837 | ▼ 8.5% |
| Intangible fixed assets21 | €5,714 | - | - | - |
| Tangible fixed assets22/27 | €97,901 | €87,282 | €79,837 | ▼ 8.5% |
| Current assets29/58 | €90,812 | €124,700 | €140,160 | ▲ 12.4% |
| Stocks and contracts in progress3 | €13,045 | €7,876 | €7,876 | = |
| Amounts receivable within one year40/41 | €3,859 | €17,948 | €14,329 | ▼ 20.2% |
| Cash at bank and in hand54/58 | €70,339 | €93,103 | €110,161 | ▲ 18.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €208,406 | €225,960 | €233,975 | ▲ 3.5% |
| Equity10/15 | €58,374 | €49,150 | €73,147 | ▲ 48.8% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €7,148 | €7,148 | €7,148 | = |
| Profit (loss) carried forward14 | €32,626 | €23,402 | €47,399 | ▲ 103% |
| Amounts payable17/49 | €150,031 | €176,810 | €160,828 | ▼ 9.0% |
| Amounts payable after more than one year17 | €98,743 | €89,767 | €80,504 | ▼ 10.3% |
| Amounts payable within one year42/48 | €45,711 | €82,685 | €80,323 | ▼ 2.9% |
| Trade debts44 | €21,341 | €43,648 | €46,835 | ▲ 7.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,638 | -€9,225 | €23,997 | ▲ 360% |
| + Depreciation and write-downs630 | €30,810 | €16,333 | €11,195 | ▼ 31.5% |
| Operating cash flow (approximation) | €39,448 | €7,109 | €35,193 | ▲ 395% |
| Investment in fixed assets (approximation) | - | €0 | -€3,750 | - |
| Change in cash | - | €22,764 | €17,058 | ▼ 25.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
19-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 12-04-2022
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Back to profitnet €23,997
Net result €23,997 after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Weakest financial yearnet -€9,225
Net result drops to -€9,225, the lowest in the series.
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Halle · 1 establishment unit since 2011
Ground area
492 m²
Building footprint
76 m²
Volume, LiDAR
601 m³
Parcel 23412I0306/00M002, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SARGILLEN
since 20112.205.256.002
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23412I0306/00M002 | Flanders | 492 m² | 1 · 76 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 | Luc PLESSERS KUNSTLAAN 24 BUS 9A, 1000 BRUSSEL 1- |
12-04-2022 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteHalle2.205.256.002
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Of 2,341 companies in sector 47621 we hold annual accounts for 1,245. 1,100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47242Retail sale of chocolate and confectionery
47260Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0841823804
Registered
25-09-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.