SAW Designs
Open bankruptcySummary
A bankruptcy procedure is open for SAW Designs according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €4k and a net result of €-523.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 23-06-2022, 38 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2021
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€3k
EBIT margin
-19.1%
Net result
€-523
Working capital
€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €6k
Equity
€4k
Debt
€2k
Debt finances 27.0% of the balance-sheet total.
Key figures and ratios
Current ratio
3.71
Debt to equity
0.37
ROE
-11.7%
ROA
-8.5%
Debt ≤ 1 year
€2k
Income taxes
€13
Filed annual accounts As filed with the NBB · 2021 · 26 lines
Balance sheet
Code2021
Assets
Total assets20/58€6k
Current assets29/58€6k
Amounts receivable within one year40/41€3k
Trade receivables40€3k
Cash at bank and in hand54/58€3k
Deferred charges and accrued income490/1€576
Equity and liabilities
Total equity and liabilities10/49€6k
Equity10/15€4k
Contributions10/11€5k
Profit (loss) carried forward14€-523
Amounts payable17/49€2k
Amounts payable within one year42/48€2k
Taxes, remuneration and social security45€2k
Taxes450/3€155
Remuneration and social security454/9€2k
Income statement
Code2021
Turnover70€3k
Goods, raw materials, services and sundry goods60/61€4k
Gross operating margin9900€-508
Operating profit (loss)9901€-508
Financial charges65/66B€2
Recurring financial charges65€2
Profit (loss) for the period before taxes9903€-510
Income taxes67/77€13
Profit (loss) for the period9904€-523
Profit (loss) for the period to be appropriated9905€-523
Appropriation of the result
Profit (loss) to be appropriated9906€-523
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
21-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · SAW DESIGNS BV BOEREN- KRIJGLAAN 119, 2260 WESTERLO · event 07-05-2024
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
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
1 establishment unit since 2021
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.
Ground area
221 m²
Building footprint
102 m²
Volume, LiDAR
625 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAW Designs
since 20212.324.280.148
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13049B0079/00X000 | Flanders | 117 m² | - | - |
| 13045B0473/00N000 | Flanders | 104 m² | 1 · 101 m² | 9.6 m · 2 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS AARSCHOTSE-
STEENWEG 7, 2230 HERSELT |
07-05-2024 → present |
| Curator | GUNTHER
PEETERS AARSCHOTSESTEENWEG 7, 2230 HERSELT- |
07-05-2024 → present |
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Of 457 companies in sector 31009 we hold annual accounts for 124. 48 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
31009Manufacture of furniture
41001General construction of residential buildings
47120Other non-specialised retail sale
66300Activities auxiliary to financial services and insurance activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.