Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Van Sande & C°, Accountants from Wommelgem, company number BE0428621917, closed financial year 2023 with a result of € -734,011 after tax. For that financial year Van Sande & C°, Accountants recorded a gross margin of € -10,318 and equity of € -965,131. Compared with financial year 2022, the result moved from € -465,891 to € -734,011. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2024.
€ -965,131
▼ € 635,612 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -734,011
▼ 58 % more loss than in 2022
Profit after tax over the fiscal year.
€ 509
▼ 81% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
€ 48,668
▼ 63% vs 2022
€ 2,194 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 752,909
▲ € 737,914 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 109,109
▲ € 98,560 vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 53,930 | € 19,420 | € -10,318 | ▼ € 29,738 |
| Profit after taxes | € 27,666 | € -465,891 | € -734,011 | ▼ € 268,120 |
| Equity | € 136,372 | € -329,519 | € -965,131 | ▼ € 635,612 |
| Total debts | € 305,698 | € 283,259 | € 1,115,160 | ▲ 294% |
| Cash | € 824 | € 2,647 | € 509 | ▼ 81% |
| Land & buildings | € 94,326 | € 86,214 | € 176,500 | ▲ 105% |
| Retained profit | € 111,582 | € -354,308 | € -1,088,319 | ▼ € 734,011 |
| Bank debt | € 66,623 | € 132,380 | € 48,668 | ▼ 63% |
| Balance sheet total | € 857,034 | € 366,677 | € 180,938 | ▼ 51% |
Key figures of Van Sande & C°, Accountants, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Van Sande & C°, Accountants?
What happened at Van Sande & C°, Accountants in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Van Sande & C°, Accountants is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 734,011. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 27,666 profit in 2021 to € 734,011 loss in 2023.
Paid € 800,106 in corporate taxes since 2021.
Best year ever: 2021, with € 27,666 profit.
Management
Behind Van Sande & C°, Accountants is LEO FRANS VAN SANDE.
Directors
According to the 2023 annual accounts
LEO FRANS VAN SANDE
Director
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 70
2160 Wommelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.621.917
- VAT number
- BE 0428.621.917
- Registered office
- Nijverheidsstraat 70, 2160 Wommelgem
- Names & denominations
- Van Sande & C°, Accountants
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Opening faillissement
- Start date
- 28 March 1986
- Peppol
- Not registered
- Activities · NACE
Accountants
Overige fiscale dienstverlening
Accountants en belastingconsulenten