SARUHAN

Open bankruptcy

Private limited companyfounded 2023Koolmijnlaan 179, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0800.575.642

A bankruptcy procedure is open for SARUHAN according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €386k and a net result of €215k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

58 d early

2023

307 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€386k▲ 125%

2023 · €171k

2023: €171k

2023 → 2024

Total assets

€418k▲ 121%

2023 · €190k

2023: €190k

2023 → 2024

Net result

€215k▲ 37.6%

2023 · €156k

2023: €156k

2023 → 2024

Working capital

€371k▲ 145%

2023 · €152k

2023: €152k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€171k-€386k▲ 125%

Operating result€183k-€258k▲ 41.1%

Net result€156k-€215k▲ 37.6%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 41% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €418k

96.5%

Fixed assets €15k▼ 25.0%

Current assets €403k▲ 137%

Equity and liabilities €418k

92.3%

Equity €386k▲ 125%

Debt €32k▲ 78.2%

The debt ratio falls from 9.5% to 7.7%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€263k▲

2023 · €188k

Cash flow

€220k▲

2023 · €161k

Solvency

92.3%▲

2023 · 90.5%

Current ratio

12.51▲

2023 · 9.39

Quick ratio

2.31▲

2023 · 1.85

Debt / equity

0.08▼

2023 · 0.11

ROE

55.8%▼

2023 · 91.3%

ROA

51.5%▼

2023 · 82.5%

Debt

€32k▲

2023 · €18k

Debt ≤ 1 year

€32k▲

2023 · €18k

Income taxes

€43k▲

2023 · €26k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€190k€418k▲

Fixed assets21/28€20k€15k▼

Tangible fixed assets22/27€20k€15k▼

Furniture and vehicles24€20k-

Leasing and similar rights25-€15k

Current assets29/58€170k€403k▲

Stocks and contracts in progress3€136k€329k▲

Stocks30/36€136k€329k▲

Amounts receivable within one year40/41€25k€56k▲

Trade receivables40€22k€49k▲

Other amounts receivable41€3k€7k▲

Cash at bank and in hand54/58€8k€18k▲

Equity and liabilities

Total equity and liabilities10/49€190k€418k▲

Equity10/15€171k€386k▲

Contributions10/11€15k€15k=

Capital10€15k€15k=

Issued capital100€15k€15k=

Reserves13€156k€371k▲

Distributable reserves133€156k€371k▲

Amounts payable17/49€18k€32k▲

Amounts payable within one year42/48€18k€32k▲

Trade debts44€10k€20k▲

Suppliers440/4€10k€20k▲

Taxes, remuneration and social security45€8k€13k▲

Taxes450/3€8k€13k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=

Gross operating margin9900€188k€263k▲

Operating profit (loss)9901€183k€258k▲

Profit (loss) for the period before taxes9903€183k€258k▲

Income taxes67/77€26k€43k▲

Profit (loss) for the period9904€156k€215k▲

Profit (loss) for the period to be appropriated9905€156k€215k▲

Appropriation of the result

Profit (loss) to be appropriated9906€156k€215k▲

Transfer to equity691/2€156k€215k▲

To other reserves6921€156k€215k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Signals 1Financial 1Filings 2

2025

18-06

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · SARUHAN BV KOOLMIJN- LAAN 179, 3550 HEUSDEN-ZOLDER · event 12-06-2025

03-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

03-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 307 days late

2024

31-12

Financial Equity above €200kEq €386k ▲125%

2 profitable years in a row build equity to €386k.

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Heusden-Zolder · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Koolmijnlaan 1793550 Heusden-Zolder

Ground area

1,079 m²

Building footprint

238 m²

Volume, LiDAR

1,373 m³

Parcel 71025A0109/00X003, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

SARUHAN

Koolmijnlaan 179, 3550 Heusden-ZolderSpecialised construction activities

since 20232.344.399.433

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71025A0109/00X003	Flanders	1,079 m²	1 · 238 m²	10.8 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

2 mandates

Role	Name	Tenure
Curator	JEF SCHEEPERS WIJNGAARDSTRAAT 6, 3700 TONGEREN-BORGLOON ↔ Also on 112 other cases	12-06-2025 → present
Curator	ELKE NATENS WIJNGAARDSTRAAT 6, 3700 TONGEREN-BORGLOON- ↔ Also on 112 other cases	12-06-2025 → present