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Complete company report
Generated 30-07-2026
Active BE 0889.942.039Private limited company (pre-2019)Open bankruptcy

SARI-PINAR

Piet Verhaertstraat 31 ·2020 Antwerpen, Belgium· 19 yrs active
Conclusion Checked

A bankruptcy procedure is open for SARI-PINAR according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €210k and a net result of €-4k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €210k
Net result €-4k
Active 19 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health10Profitability0Solvency100Growth50Stability0
32 / 100

Fragile profile, watch profitability in particular.

Health 10
Profitability 0
Solvency 100
Growth 50
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
10 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 18-11-2024 with the NBB · fiscal year 2023 · micro
€-200k€0€200k€400kRevenue 2019: €442k€442kOperating result 2019: €28k€28kNet result 2019: €56k€56kRevenue 2020: €430k€430kOperating result 2020: €119k€119kNet result 2020: €178k€178kOperating result 2021: €15k€15kNet result 2021: €2k€2kOperating result 2022: €27k€27kNet result 2022: €-17k€-17kOperating result 2023: €-2k€-2kNet result 2023: €-4k€-4k20192020202120222023
RevenueOperating resultNet result
Revenue
€430k
-2.8% 18-23
EBITDA
€24k
-80.8% 18-23
Net profit
€-4k
+74.9% 18-23
Cash flow
€11k
-94.1% 18-23
Total assets
€261k
-0.7% 18-23
Equity
€210k
-2.0% 18-23
Working capital
€210k
-0.4% 18-23
Employees (FTE)
0
-100.0% 18-23
Staff costs
€91
- 18-23
Income taxes
€42k
+259.9% 18-23
Dividends
€0
- 18-23
Debt
€51k
+5.2% 18-23
Debt ≤ 1y
€51k
+5.2% 18-23
Debt > 1y
€5k
0.0% 18-23
Current ratio
5.14
-4.4% 18-23
Quick ratio
5.14
-4.4% 18-23
Solvency
80.5%
-1.3% 18-23
Debt / equity
0.24
+7.4% 18-23
ROE
-2.1%
+74.3% 18-23
ROA
-1.7%
+74.7% 18-23
Net margin
41.3%
+226.2% 18-23
EBITDA margin
29.7%
+244.5% 18-23
Interest coverage
12.38
- 18-23
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA-
Net profit€-4k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€261k
Equity€210k
Debt€51k
of which ≤ 1y€51k
of which > 1y-
Working capital€210k
Employees (FTE)-
Ratios (computed)
2023
Current ratio5.14
Quick ratio5.14
Working capital ratio80.5%
Solvency80.5%
Debt / equity0.24
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-1.7%
ROE-2.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€261k
Current assets 29/58€261k
Amounts receivable within one year 40/41€257k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€261k
Equity 10/15€210k
Contributions / capital 10/11€19k
Reserves 13€34k
Accumulated profits (losses) 14€158k
Amounts payable 17/49€51k
Amounts payable within one year 42/48€51k
Income statement
Gross operating margin 9900€-1k
Operating result 9901€-2k
Financial charges 65€3k
Result before taxes 9903€-4k
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator ALEXANDRE BASTENIER
LEON STYNENSTRAAT 63, 2000 ANTWERPEN 1
 02-07-2026 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation08-06-2007
StatusActive
Postal code2020
First BS signal 08-07-2026
Latest BS signal 08-07-2026
Company structure, linked entities1 linked entities
SARI-PINARBE 0889.942.039ALEXANDRE BASTENIERReceiver ↔ 102PAND CONSULTINGFISH-KINGElementa Engineer…
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units 1 location
SARI-PINAR
Palinckstraat 53, 2100 AntwerpenVervaardiging van bakkerijproducten in de vorm van deeg
since 20082.171.894.039
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11343A0588/00E003 Flanders 267 m² 1 · 267 m² 10.0 m · 1 fl.
11809I2501/00R005 Flanders 161 m² 1 · 78 m² 7.0 m · 2 fl.
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.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
08-07-2026
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SARI-PINAR BVBA PIET VERHAERTSTRAAT 31, 2020 ANTWERPEN 2 · event 02-07-2026
2024
18-11-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
04-03-2024
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2023
22-11-2023
State Gazette act Director changes
correction
04-05-2023
State Gazette act Registered-office change
08-03-2023
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2022
08-03-2022
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
24-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
29-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
08-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
24-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
29-11-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
08-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Lifecycle & Insolvency Signals 1 events
08-07-2026
Bankruptcy Opening
Date: 02-07-2026 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SARI-PINAR BVBA PIET VERHAERTSTRAAT 31, 2020 ANTWERPEN 2 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-07-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 2 acts
Address history · 1
04-05-2023
Registered-office move
All acts · 2 updated 2 years ago
2023
22-11-2023 1 director appointed, 1 resigning Director changescorrection
  • Akpinar Hasan, Zaakvoerder
  • Ayriev Beysin, Zaakvoerder
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Akpinar Hasan",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_out",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Ayriev Beysin",
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      },
      "reason": null,
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      "evidence_quote": "",
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      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "zaakvoerder",
      "person": {
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        "address": null,
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      },
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      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "correction",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Akpinar Hasan",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "rechtzetting",
      "subkind": "rectification",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Op de laatste biz. van Luik B vermelden:",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-11-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2023-09-30",
      "unanimous": null
    }
  ],
  "is_correction": true,
  "subject_company": {
    "kbo": "0889.942.039",
    "name_full": "SARI-PINAR",
    "legal_form": "BVBA"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
04-05-2023 Registered office moved within Antwerpen Registered-office change
  • Sint Bernardsesteenweg 614, 2020 Antwerpen → Piet Verhaertstraat 31, 2020 Antwerpen
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Piet Verhaertstraat 31, 2020 Antwerpen",
        "city": "Antwerpen",
        "region": "vlaams_gewest",
        "street": "Piet Verhaertstraat",
        "country": "BE",
        "postcode": "2020",
        "box_number": null,
        "street_number": "31",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Sint Bernardsesteenweg 614, 2020 Antwerpen",
        "city": "Antwerpen",
        "region": "vlaams_gewest",
        "street": "Sint Bernardsesteenweg",
        "country": "BE",
        "postcode": "2020",
        "box_number": null,
        "street_number": "614",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "not_specified",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Aatwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-04-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2022-11-30",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0889.942.039",
    "name_full": "SARI-PINAR",
    "legal_form": "BVB\u0410"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Ayriev Beysin",
    "org_rep_person_name": null,
    "person_role_at_subject": "Zaakvoerder"
  },
  "co_filed_documents": [
    "Annexes du-Moniteur belge"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL SARI-PINAR
Registered office
Piet Verhaertstraat 31
2020 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative