SARWAN
The computed 12-month bankruptcy probability of SARWAN is 2.3% (moderate). The 2023 annual accounts show negative equity (€-131k) and a net result of €-52k. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 5623 sector peers (fiscal year 2023). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-131k |
| Net result | €-52k |
| Staff (FTE) | 1.4 |
| Better than sector | 5% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -338.5% | 20.0% | |
| Net result | €-52k | €3k | |
| Equity | €-131k | €15k | |
| Gross operating margin | €-4k | €23k | |
| Staff costs | €40k | €33k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-48k |
| Net profit | €-52k |
| Cash flow | €-49k |
| Staff costs | €40k |
| Income taxes | - |
| Dividends | - |
| Total assets | €39k |
| Equity | €-131k |
| Debt | €169k |
| of which ≤ 1y | €17k |
| of which > 1y | €151k |
| Working capital | €634 |
| Employees (FTE) | 1.4 |
| 2023 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 0.46 |
| Working capital ratio | 1.6% |
| Solvency | -338.5% |
| Debt / equity | -1.30 |
| Long-term debt ratio | -1.16 |
| Interest coverage | -54.21 |
| Gross margin | - |
| Net margin | - |
| ROA | -135.6% |
| ROE | 40.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €39k |
| Fixed assets | 21/28 | €21k |
| Tangible fixed assets | 22/27 | €21k |
| Current assets | 29/58 | €18k |
| Stocks & contracts in progress | 3 | €10k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €39k |
| Equity | 10/15 | €-131k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €683 |
| Accumulated profits (losses) | 14 | €-150k |
| Amounts payable | 17/49 | €169k |
| Amounts payable after one year | 17 | €151k |
| Amounts payable within one year | 42/48 | €17k |
| Trade debts payable within one year | 44 | €13k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-51k |
| Financial charges | 65 | €887 |
| Result before taxes | 9903 | €-52k |
| Net result for the period | 9904 | €-52k |
| Result to be appropriated | 9905 | €-52k |
-
Current27-04-2021 → present
Former directors (2)
-
Former01-07-2017 → 28-06-2018
2 events
- 28-06-2018 Resigned· Manager
- 01-07-2017 Appointed· Manager
-
Former- → 24-06-2013
| NACE primary | Retail trade(47716) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 25-10-2011 |
| Status | Active |
| Postal code | 2275 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13019E0710/00C000 | Flanders | 155 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
01-12-2025 Registered office moved from Antwerpen to Lille
- Carnotstraat 66, 2060 Antwerpen → Rechtestraat 19, 2275 Lille
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Lille",
"region": null,
"street": "Rechtestraat",
"country": "BE",
"postcode": "2275",
"box_number": null,
"street_number": "19"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "Carnotstraat",
"country": "BE",
"postcode": "2060",
"box_number": null,
"street_number": "66"
},
"effective_date": "2025-07-01",
"evidence_quote": "Bij eenvoudige beslissing van de bestuurder wordt de zetel met ingang van 1 juli 2025 gewijzigd naar Rechtestraat 19- 2275 Lille."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0840.613.084",
"name_full": "SARWAN",
"legal_form": "BVBA"
}
}18-06-2021 Kaur Balvinder appointed as director
- Kaur Balvinder, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Kaur Balvinder",
"address": null,
"birth_date": null
},
"effective_date": "2021-04-27",
"evidence_quote": "Mevrouw Kaur Balvinder (NN: 70.02.10-544.58 Stanislas Meeuslei 64-2900 Schoten) te benoemen als bestuurder met effect op 27.04.2021, ten gratische tittel."
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0840.613.084",
"name_full": "SARWAN",
"legal_form": "BVBA"
}
}12-07-2018 Singh Gurdit resigns as manager
- Singh Gurdit, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Singh Gurdit",
"address": null,
"birth_date": null
},
"effective_date": "2018-06-28",
"evidence_quote": "Het ontslag als zaakvoerder vanwege de heer Singh Gurdit wordt aanvaard vanaf 28/06/2018. Per afzonderlijke stemming en met unanimiteit van de stemmen krijgt de heer Singh Gurdit kwijting voor zijn mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0840.613.084",
"name_full": "SARWAN",
"legal_form": "BVBA"
}
}17-07-2017 Gurdit SINGH appointed as manager
- Gurdit SINGH, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Gurdit SINGH",
"address": null,
"birth_date": null
},
"effective_date": "2017-07-01",
"evidence_quote": "De heer Gurdit SINGH wordt benoemd als zaakvoerder vanaf 1/7/2017. Hij aanvaardt zijn mandaat."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0840.613.084",
"name_full": "SARWAN",
"legal_form": "BVBA"
}
}05-07-2013 SHAH Noor-ul-Amin resigns as manager
- SHAH Noor-ul-Amin, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "SHAH Noor-ul-Amin",
"address": null,
"birth_date": null
},
"effective_date": "2013-06-24",
"evidence_quote": "De heer SHAH Noor-ul-Amin wordt ontslagen als zaakvoerder vanaf 24/06/2013. De heer SHAH Noor-ul-Amin aanvaardt zijn ontslag. Bij afzonderlijke stemming en met unanimiteit verleent de vergadering kwijting aan de heer SHAH Noor-ul-Amin voor zijn mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0840.613.084",
"name_full": "SARWAN",
"legal_form": "BVBA"
}
}09-11-2011 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Carnotstraat 66, 2060 Antwerpen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1963-02-12",
"name": "SINGH Sarwan",
"niss": null,
"address": "Oranjestraat 110, 2060 Antwerpen"
},
"share_class": null,
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": null,
"holder_person_name": "SINGH Sarwan",
"is_subscriber_only": false,
"n_shares_subscribed": null,
"amount_subscribed_eur": 4960.0,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1961-06-22",
"name": "SHAH Noor-ul-Amin",
"niss": null,
"address": "Ridder van Parijsstraat 28, 2170 Antwerpen (Merksem)"
},
"share_class": null,
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": null,
"holder_person_name": "SHAH Noor-ul-Amin",
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"n_shares_subscribed": null,
"amount_subscribed_eur": 3720.0,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1993-07-23",
"name": "SINGH Soniya",
"niss": null,
"address": "Oranjestraat 110, 2060 Antwerpen"
},
"share_class": null,
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": null,
"holder_person_name": "SINGH Soniya",
"is_subscriber_only": false,
"n_shares_subscribed": null,
"amount_subscribed_eur": 3720.0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600.0,
"subject_company": {
"kbo": "0840.613.084",
"name_full": "SARWAN",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2011-10-25",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SARWAN |