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SAZLIK EXPRESS

Open bankruptcy
Private limited company (pre-2019)founded 2011KBO/BCE: BE 0835.846.129

A bankruptcy procedure is open for SAZLIK EXPRESS according to publications in the Belgian State Gazette; curator: Dirk DE MAESENEER.

Summary

The 2019 annual accounts show equity of €78k and a net result of €-28k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · 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 2019, micro schema

Equity
€78k▼ 26.4%
2018 · €106k
2018: €106k
2018 → 2019
Total assets
€209k▲ 31.1%
2018 · €160k
2018: €160k
2018 → 2019
Net result
€-28k▼ 2,393%
2018 · €-1k
2018: €-1k
2018 → 2019
Working capital
€55k▼ 40.5%
2018 · €93k
2018: €93k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Equity€106k-€78k▼ 26.4%
Operating result€2k-€-25k
Net result€-1k-€-28k▼ 2,393%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2018: €2k€2kNet result 2018: €-1k€-1kOperating result 2019: €-25k€-25kNet result 2019: €-28k€-28k20182019€-30k€-20k€-10k€0Operating result 2018: €2k€2.2kNet result 2018: €-1k€-1.1kOperating result 2019: €-25k€-25kNet result 2019: €-28k€-28k20182019
The operating result turns negative in 2019: a loss of €25k after €2k in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €209k
Fixed assets €23k ▲ 73.9%
Current assets €186k ▲ 27.3%
Equity and liabilities €209k
Equity €78k ▼ 26.4%
Debt €131k ▲ 146%
Debt's share of the balance-sheet total rises from 33.4% to 62.6%. Equity is lower and debt is higher.
Key figures and ratios
2019 value · change against 2018
EBITDA
€-17k
2018 · €5k
Cash flow
€-20k
2018 · €2k
Current ratio
1.42
2018 · 2.75
ROE
-35.8%
2018 · -1.1%
ROA
-13.4%
2018 · -0.7%
Debt ≤ 1 year
€131k
2018 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines
Balance sheet Code20182019
Assets
Total assets20/58€160k€209k
Fixed assets21/28€13k€23k
Tangible fixed assets22/27€13k€23k
Financial fixed assets28-€30
Current assets29/58€146k€186k
Amounts receivable within one year40/41€142k€181k
Cash at bank and in hand54/58€4k€4k
Equity and liabilities
Total equity and liabilities10/49€160k€209k
Equity10/15€106k€78k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€86k€58k
Amounts payable17/49€53k€131k
Amounts payable within one year42/48€53k€131k
Trade debts44€41k€100k
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k
Gross operating margin9900€16k€-5k
Operating profit (loss)9901€2k€-25k
Recurring financial income75€1k€9
Recurring financial charges65€4k€3k
Profit (loss) for the period before taxes9903€-657€-28k
Income taxes67/77€466-
Profit (loss) for the period9904€-1k€-28k
Profit (loss) for the period to be appropriated9905€-1k€-28k

Download as CSV

Timeline · acts, filings and financial milestones

2022
29-08
Bankruptcy Opening
Ondernemingsrechtbank Brussel · SAZLIK EXPRESS BV BERGEN- SESTEENWEG 421 13, 1600 SINT-PIETERS-LEEUW · event 23-08-2022
2020
21-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
20-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 233 days late
2018
04-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 65 days late
2017
07-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 38 days late
2016
27-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 58 days late
2014
22-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 83 days late
2013
27-11
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 119 days late
06-05
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 279 days late
SignalNBB filing

Directors · office · real estate

Directors
5 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
1 establishment unit since 2011
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.

Ground area
8,312 m²
Building footprint
1,330 m²
Parcel 23582E0505/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
SAZLIK EXPRESS
Other postal and courier activities
since 20112.199.597.041
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23582E0505/00E000 Flanders 8,312 m² 1 · 1,330 m² -
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

1 mandate
Role Name Tenure
Curator Dirk DE MAESENEER
PEGASUSLAAN 5, 1831 DIEGEM-
23-08-2022present

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded28-04-2011
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.