SD Orientable
Open bankruptcyA bankruptcy procedure is open for SD Orientable according to publications in the Belgian State Gazette; curator: JEROME HENRI.
Summary
The 2021 annual accounts show equity of €9k and a net result of €-13k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-09-2022, 36 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
36 d late
2020
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-13k
2020 · €12k
2020: €12k
2020 → 2021
Working capital
€-25k▼ 1,401%
2020 · €-2k
2020: €-2k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€22k-€9k▼ 58.4%
Operating result€12k-€-11k
Net result€12k-€-13k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €11k after €12k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €144k
Fixed assets
€61k ▲ 160%
Current assets
€83k ▲ 481%
Equity and liabilities €144k
Equity
€9k ▼ 58.4%
Debt
€135k ▲ 744%
Debt's share of the balance-sheet total rises from 42.4% to 93.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1k▼
2020 · €16k
Cash flow
€-222▼
2020 · €16k
Current ratio
0.77▼
2020 · 0.89
Quick ratio
0.60▼
2020 · 0.89
Debt to equity
14.91
ROE
-140.3%▼
2020 · 54.1%
ROA
-8.8%▼
2020 · 31.2%
Interest coverage
0.84
Debt ≤ 1 year
€109k▲
2020 · €16k
Debt > 1 year
€26k
Staff costs
€116k
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 · 2021 against 2020 · 41 lines
Balance sheet
Code20202021
Assets
Total assets20/58€38k€144k▲
Formation expenses20€59-
Fixed assets21/28€23k€61k▲
Tangible fixed assets22/27€18k€56k▲
Plant, machinery and equipment23-€20k
Furniture and vehicles24-€36k
Financial fixed assets28€5k€5k=
Current assets29/58€14k€83k▲
Stocks and contracts in progress3-€18k
Stocks30/36-€18k
Amounts receivable within one year40/41€10k€57k▲
Trade receivables40-€17k
Other amounts receivable41-€40k
Cash at bank and in hand54/58€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€38k€144k▲
Equity10/15€22k€9k▼
Contributions10/11-€10k
Profit (loss) carried forward14€12k€-940▼
Amounts payable17/49€16k€135k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€16k€109k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€11k€76k▲
Suppliers440/4-€76k
Taxes, remuneration and social security45-€25k
Taxes450/3-€13
Remuneration and social security454/9-€25k
Other amounts payable47/48-€261
Income statement
Code20202021
Remuneration, social security and pensions62-€116k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲
Other operating charges640/8-€2k
Gross operating margin9900€49k€119k▲
Operating profit (loss)9901€12k€-11k▼
Financial charges65/66B-€1k
Recurring financial charges65€346€1k▲
Profit (loss) for the period before taxes9903€12k€-13k▼
Profit (loss) for the period9904€12k€-13k▼
Profit (loss) for the period to be appropriated9905€12k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-940
Profit (loss) brought forward from the previous period14P-€12k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
12-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SD ORIENTABLE SRL RUE ROYALE- SAINTE-MARIE 83, 1030 Schaerbeek · event 02-10-2023
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
SignalNBB filing
Directors · office · real estate
Directors
4 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
2 establishment units since 2020
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
7.2 ha
Building footprint
4.5 ha
Volume, LiDAR
369,683 m³
3 parcels, Brussels, Wallonia · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Place des Grands Prés 1, 7000 Mons
since 20202.298.193.086
Rue des Guimauves 1, 7033 Mons
since 20212.316.638.528
3 parcels
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53402A0191/00H015 | Wallonia | 7.0 ha | 1 · 4.4 ha | 14.3 m · 3 fl. |
| 53019A0025/00C003 | Wallonia | 1,131 m² | 1 · 685 m² | 6.3 m · 2 fl. |
| 21909E0233/02M002 | Brussels | 346 m² | 1 · 347 m² | 21.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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 | JEROME HENRI AVENUE ROGER VANDEN-
DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE- curateur@bazacle-
solon.eu |
02-10-2023 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0470/505701