Bankrupt · Opening faillissement (CBE)

SAUCE PARK

BE0600806815

Rechtspersoon Private limited company 1 establishment

SAUCE PARK is a bar in Brussel. Private Limited, started on 9 March 2015, 1 establishment.

Drukpersstraat 9-11, 1000 Brussel

Behind the company: Michel SERSTE.

Start date

9 March 2015

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 22 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

SAUCE PARK from Brussel, company number BE0600806815, closed financial year 2022 with a result of € 5,971 after tax. For that financial year SAUCE PARK recorded a gross margin of € 268,847 and equity of € 87,587. Compared with financial year 2021, the result moved from € 18,414 to € 5,971. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 24, 2023.

What it is worth Growing

€ 87,587

▲ 7% vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 5,971

▼ 68% vs 2021

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 67,587.

People and assets in 2022

Wage cost

€ 219,336

▲ 84% vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 26,792

▼ 27% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 44,779

▲ 23% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 36,083

▲ 45% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 179,163 € 268,847 ▲ 50%
Profit after taxes € 18,414 € 5,971 ▼ 68%
Equity € 81,616 € 87,587 ▲ 7%
Total debts € 64,095 € 80,862 ▲ 26%
Retained profit € 61,616 € 67,587 ▲ 10%
Bank debt € 2,675 € 0 ▼ 100%
Balance sheet total € 145,711 € 168,449 ▲ 16%

Key figures of SAUCE PARK, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to SAUCE PARK?

What happened at SAUCE PARK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

SAUCE PARK is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 5,971 (▼ 68% vs 2021). filed late Source: NBB ↗
  • New establishment in Sint-Pieters-Woluwe. KBO
  • Start of the company according to the CBE. KBO
  • Michel SERSTE became a director. NBB

In short

From € 18,414 profit in 2021 to € 5,971 profit in 2022.

Paid € 5,119 in corporate taxes since 2021.

Best year ever: 2021, with € 18,414 profit.

Management

Michel SERSTE
SAUCE PARK

Behind SAUCE PARK is Michel SERSTE.

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Directors

According to the 2022 annual accounts

Michel SERSTE

Director

since 2015

Establishments

Establishment units

Physical locations of this company

Registered office

Drukpersstraat 9-11

1000 Brussel

2.240.970.610

Edmond Galoppinlaan 1

1150 Sint-Pieters-Woluwe

Active since 9 March 2015

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0600.806.815
VAT number
BE 0600.806.815
Registered office
Drukpersstraat 9-11, 1000 Brussel
Names & denominations
SAUCE PARK
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
9 March 2015
Peppol
Not registered
Activities · NACE

Cafés en bars

Frequently asked questions

What does SAUCE PARK do?
SAUCE PARK is a bar in Brussel. Private Limited, started on 9 March 2015, 1 establishment.
What is the address of SAUCE PARK?
The registered office of SAUCE PARK is located at Drukpersstraat 9-11, 1000 Brussel.
Is SAUCE PARK still active?
No. The CBE lists SAUCE PARK with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is SAUCE PARK registered on Peppol?
No, SAUCE PARK is currently not registered on the Peppol network.
What is the enterprise number of SAUCE PARK?
The enterprise number of SAUCE PARK is BE0600806815.
When was SAUCE PARK founded?
SAUCE PARK was founded on 9 March 2015.