SARSAN
InactiveSARSAN was declared bankrupt on 22-06-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 19-09-2024, published in the Belgian State Gazette on 25-09-2024.
Summary
Inactive; last annual accounts for fiscal year 2018.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2019 close31-07-2020 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 05-12-2019, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
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 →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2018, micro schema
Equity
€6,568
Total assets
€42,574
Net result
-€368
Working capital
€6,021
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €42,574
Fixed assets
€547
Current assets
€42,027
Equity and liabilities €42,574
Equity
€6,568
Debt
€36,006
Debt finances 84.6% of the balance-sheet total.
Key figures and ratios
EBITDA
-€1,791
Cash flow
-€152
Current ratio
1.17
ROE
-5.6%
ROA
-0.9%
Debt ≤ 1 year
€36,006
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €215 |
| Gross operating margin9900 | €52,882 |
| Operating profit (loss)9901 | -€2,006 |
| Recurring financial charges65 | €15 |
| Profit (loss) for the period before taxes9903 | -€368 |
| Profit (loss) for the period9904 | -€368 |
| Profit (loss) for the period to be appropriated9905 | -€368 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €42,574 | |
| Fixed assets21/28 | €547 | |
| Tangible fixed assets22/27 | €547 | |
| Current assets29/58 | €42,027 | |
| Amounts receivable within one year40/41 | €41,773 | |
| Cash at bank and in hand54/58 | €253 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €42,574 | |
| Equity10/15 | €6,568 | |
| Contributions10/11 | €21,000 | |
| Reserves13 | €2,100 | |
| Profit (loss) carried forward14 | -€16,532 | |
| Amounts payable17/49 | €36,006 | |
| Amounts payable within one year42/48 | €36,006 | |
| Trade debts44 | €16,315 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | -€368 |
| + Depreciation and write-downs630 | €215 |
| Operating cash flow (approximation) | -€152 |
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
2024
25-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · event 19-09-2024
2023
28-06
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 22-06-2023
2019
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 127 days late
2018
10-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 71 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
2014
11-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
12-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
13-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
31-05
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 305 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 670 days late
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE CELIS GRASBOS 35, 3294 MOLENSTEDE- |
22-06-2023 → 19-09-2024 |