SARISOL
BankruptcyThe KBO register records for SARISOL the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €400k and a net result of €110k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-08-2023, 28 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d late
2021
85 d late
2020
87 d late
2019
116 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€400k▲ 38.0%
2021 · €290k
2018: €48k
2019: €-14k
2020: €127k
2021: €290k
2018 → 2022
Total assets
€1.03M▲ 32.6%
2021 · €776k
2018: €404k
2019: €310k
2020: €1.09M
2021: €776k
2018 → 2022
Net result
€110k▼ 32.5%
2021 · €163k
2018: €-45k
2019: €-63k
2020: €141k
2021: €163k
2018 → 2022
Working capital
€700k▲ 32.9%
2021 · €526k
2018: €41k
2019: €-16k
2020: €84k
2021: €526k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€48k-€-14k€127k€290k▲ 129%€400k▲ 38.0%
Operating result€-32k-€-42k▼ 31.4%€153k€239k▲ 56.8%€155k▼ 35.4%
Net result€-45k-€-63k▼ 37.8%€141k€163k▲ 15.9%€110k▼ 32.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 35% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.03M
Fixed assets
€6k▼ 84.3%
Current assets
€1.02M▲ 39.0%
Equity and liabilities €1.03M
Equity
€400k▲ 38.0%
Debt
€630k▲ 29.3%
The debt ratio falls from 62.7% to 61.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156k▼
2021 · €252k
Cash flow
€112k▼
2021 · €176k
Solvency
38.8%▲
2021 · 37.3%
Current ratio
3.16▼
2021 · 3.51
Quick ratio
3.16▼
2021 · 3.51
Debt / equity
1.57▼
2021 · 1.68
ROE
27.5%▼
2021 · 56.3%
ROA
10.7%▼
2021 · 21.0%
Interest coverage
56.29▲
2021 · 12.50
Debt
€630k▲
2021 · €487k
Debt ≤ 1 year
€324k▲
2021 · €210k
Income taxes
€42k▼
2021 · €56k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€776k€1.03M▲
Fixed assets21/28€40k€6k▼
Tangible fixed assets22/27€40k€6k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€40k€5k▼
Current assets29/58€736k€1.02M▲
Amounts receivable within one year40/41€655k€827k▲
Trade receivables40€544k€671k▲
Other amounts receivable41€111k€156k▲
Cash at bank and in hand54/58€78k€195k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€776k€1.03M▲
Equity10/15€290k€400k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€284k€394k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€282k€392k▲
Amounts payable17/49€487k€630k▲
Amounts payable within one year42/48€210k€324k▲
Trade debts44€12k€97k▲
Suppliers440/4€12k€97k▲
Taxes, remuneration and social security45€81k€122k▲
Taxes450/3€81k€122k▲
Other amounts payable47/48€116k€105k▼
Accrued charges and deferred income492/3€277k€306k▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€2k▼
Other operating charges640/8€8k€7k▼
Gross operating margin9900€260k€163k▼
Operating profit (loss)9901€239k€155k▼
Financial income75/76B€7€95▲
Recurring financial income75€7€95▲
Financial charges65/66B€20k€3k▼
Recurring financial charges65€20k€3k▼
Profit (loss) for the period before taxes9903€219k€152k▼
Income taxes67/77€56k€42k▼
Profit (loss) for the period9904€163k€110k▼
Profit (loss) for the period to be appropriated9905€163k€110k▼
Appropriation of the result
Profit (loss) to be appropriated9906€163k€110k▼
Transfer to equity691/2€163k€110k▼
To other reserves6921€163k€110k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
2021
31-12
Financial
Highest result since 2018net €163k ▲15.9%
Operating result €239k, net result €163k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.51
Current ratio from 1.09 to 3.51; short-term debt falls from €951k to €210k.
31-12
Financial
Equity above €200kEq €290k ▲129%
2 profitable years in a row build equity to €290k.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Back to profitnet €141k
Net result €141k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €127k
Equity rises from €-14k to €127k.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-12
Financial
Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series.
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 107 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 51 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2015
27-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 58 days late
2014
30-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 30 days late
Financial 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
Registered office, Namur · 1 establishment unit since 2012
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.
Chaussée de Liège(JB) 6245100 NamurGround area
1,383 m²
Building footprint
632 m²
Volume, LiDAR
6,548 m³
2 parcels, Flanders, Wallonia · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SARISOL
since 20122.212.224.263
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304D1124/00W000 | Flanders | 907 m² | 1 · 135 m² | 0.8 m |
| 92067A0066/00F000 | Wallonia | 476 m² | 1 · 497 m² | 16.7 m · 4 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
ISOTECH
BE 0470.543.436
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ISOLATION-MEDA-BEL
BE 0472.091.674
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S.I.R.
BE 0447.975.890
Wijnegem · Eq €396k
SURGO
BE 0897.318.789
Sprimont · Eq €404k
EURO ISOLATION EXPORT
BE 0848.211.352
Fleurus · Eq €404k
Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 808 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-06-2012
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
25530Machining of metals
43130Specialised construction activities
43350Other building finishing work
43910Bricklaying and masonry work
43994Specialised construction activities
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@sarisol.eu
Phone:028080805