Sugar and Sweets

Open bankruptcy

Limited partnershipfounded 2020Oude Truierbaan 49, 3500 Hasselt, BelgiumKBO/BCE: BE 0743.528.259

A bankruptcy procedure is open for Sugar and Sweets according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €101k and a net result of €14k.

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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 30-06-2024 was due by 31-01-2025 and was filed on 20-12-2024, 42 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not filed

2024

42 d early

2022

on the day

2021

1 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, micro schema

Equity

€101k▼ 6.6%

2022 · €108k

2021: €90k 2022: €108k

2021 → 2024

Total assets

€332k▲ 89.5%

2022 · €175k

2021: €160k 2022: €175k

2021 → 2024

Net result

€14k▼ 24.1%

2022 · €18k

2021: €88k 2022: €18k

2021 → 2024

Working capital

€89k▲ 93.7%

2022 · €46k

2021: €48k 2022: €46k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202120222024Trend

Equity€90k-€108k▲ 20.3%€101k▼ 6.6%

Operating result€123k-€29k▼ 76.5%€27k▼ 6.7%

Net result€88k-€18k▼ 79.2%€14k▼ 24.1%

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

Result per fiscal year

Operating resultNet result

The operating result is €27k in 2024, compared with €29k in 2022. Comparable figures for the intervening years are unavailable.

Balance-sheet composition

2024 in colour, 2022 as the grey bar beneath

Assets €332k

96.4%

Fixed assets €12k▼ 85.1%

Current assets €320k▲ 233%

Equity and liabilities €332k

30.3%

69.7%

Equity €101k▼ 6.6%

Debt €232k▲ 243%

The debt ratio rises from 38.5% to 69.7%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2022

EBITDA

€28k▼

2022 · €41k

Cash flow

€15k▼

2022 · €30k

Solvency

30.3%▼

2022 · 61.5%

Current ratio

1.38▼

2022 · 1.91

Quick ratio

1.22▲

2022 · 0.95

Debt / equity

2.30▲

2022 · 0.63

ROE

13.7%▼

2022 · 16.9%

ROA

4.2%▼

2022 · 10.4%

Interest coverage

2.64▼

2022 · 5.91

Debt

€232k▲

2022 · €68k

Debt ≤ 1 year

€232k▲

2022 · €50k

Income taxes

€9k▲

2022 · €4k

Staff costs

€444▼

2022 · €6k

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 2022

Balance sheet Code20222024

Assets

Total assets20/58€175k€332k▲

Fixed assets21/28€79k€12k▼

Tangible fixed assets22/27€74k€2k▼

Plant, machinery and equipment23€42k-

Furniture and vehicles24€27k€2k▼

Other tangible fixed assets26€5k-

Financial fixed assets28€6k€10k▲

Current assets29/58€96k€320k▲

Stocks and contracts in progress3€48k€39k▼

Stocks30/36€48k€39k▼

Amounts receivable within one year40/41€15k€183k▲

Trade receivables40€7k€174k▲

Other amounts receivable41€7k€9k▲

Current investments50/53€3k-

Cash at bank and in hand54/58€14k€95k▲

Deferred charges and accrued income490/1€17k€4k▼

Equity and liabilities

Total equity and liabilities10/49€175k€332k▲

Equity10/15€108k€101k▼

Contributions10/11€2k€2k=

Outside capital11€2k-

Other1109/19€2k-

Reserves13€106k€99k▼

Distributable reserves133€106k€99k▼

Amounts payable17/49€68k€232k▲

Amounts payable after more than one year17€17k-

Financial debts170/4€17k-

Amounts payable within one year42/48€50k€232k▲

Current portion of amounts payable after more than one year42€8k-

Financial debts43€8k-

Credit institutions430/8€8k-

Trade debts44€14k€211k▲

Suppliers440/4€14k€211k▲

Taxes, remuneration and social security45€11k€10k▼

Taxes450/3€9k€10k▲

Remuneration and social security454/9€2k-

Other amounts payable47/48€9k€10k▲

Accrued charges and deferred income492/3€675-

Income statement Code20222024

Non-recurring operating income76A€766-

Remuneration, social security and pensions62€6k€444▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€1k▼

Other operating charges640/8€6k€7k▲

Gross operating margin9900€54k€36k▼

Operating profit (loss)9901€29k€27k▼

Financial income75/76B€535€7k▲

Recurring financial income75€535€7k▲

Financial charges65/66B€7k€11k▲

Recurring financial charges65€7k€11k▲

Profit (loss) for the period before taxes9903€23k€23k▲

Income taxes67/77€4k€9k▲

Profit (loss) for the period9904€18k€14k▼

Profit (loss) for the period to be appropriated9905€18k€14k▼

Appropriation of the result

Profit (loss) to be appropriated9906€18k€14k▼

Transfer to equity691/2€18k€14k▼

To other reserves6921€18k€14k▼

The notes to these accounts (7 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 6Signals 1Financial 2Filings 3

2026

10-06

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · SUGAR AND SWEETS COMMV OUDE TRUIERBAAN 49/34, 3500 HASSELT · event 04-06-2026

2024

20-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

30-06

Financial Weakest financial yearnet €14k ▼24.1%

Net result drops to €14k, the lowest in the series.

2023

31-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-06

Financial Equity above €100kEq €108k ▲20.3%

2 profitable years in a row build equity to €108k.

01-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 1 day late

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

Directors · office · real estate

Directors

3 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

Registered office, Hasselt · 1 establishment unit since 2020

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.

Oude Truierbaan 493500 Hasselt

Ground area

3.7 ha

Building footprint

1.1 ha

Volume, LiDAR

86,493 m³

2 parcels, Flanders · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Sugar and Sweets

Crop and animal production, hunting and related service activities

since 20202.300.160.703

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71325F0580/00C007	Flanders	3.7 ha	1 · 1.1 ha	11.3 m · 3 fl.
71053H0988/00A000	Flanders	72 m²	1 · 63 m²	15.2 m · 4 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	CATHERINE NOELMANS MOERENSTRAAT 33, 3700 TONGEREN-BORGLOON ↔ Also on 80 other cases	04-06-2026 → present
Curator	CECILE NOELMANS Moerenstraat 33, 3700 TONGEREN-BORG- LOON ↔ Also on 98 other cases	04-06-2026 → present