Bankrupt · Opening faillissement (CBE)

SARA II

BE0662760913

Rechtspersoon Private limited company 1 establishment

SARA II is a bar in Gent. Private Limited, started on 20 September 2016, 1 establishment.

Bevrijdingslaan 69, 9000 Gent

Start date

20 September 2016

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 3 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 15 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

SARA II from Gent, company number BE0662760913, closed financial year 2022 with a result of € -9,773 after tax. For that financial year SARA II recorded a gross margin of € 45,420 and equity of € -33,444. Compared with financial year 2021, the result moved from € -22,646 to € -9,773. 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 October 21, 2023.

What it is worth Caution

€ -33,444

▼ € 9,773 vs 2021

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

Loss Caution

€ -9,773

▲ 57 % less loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 9,280

▼ 42% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -37,944.

Debts at end 2022

Bank debt

€ 1,450

▲ € 1,200 vs 2021

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 6,964

▲ 168% vs 2021

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

Taxes

€ 9,107

▼ 62% vs 2021

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2019202020212022Change 2021 → 2022
Gross margin € 7,876 € 60,234 € 42,684 € 45,420 ▲ 6%
Profit after taxes € 679 € -9,949 € -22,646 € -9,773 ▲ € 12,872
Equity € 8,924 € -1,026 € -23,671 € -33,444 ▼ € 9,773
Total debts € 17,102 € 26,048 € 58,484 € 62,495 ▲ 7%
Cash € 7,546 € 6,078 € 15,925 € 9,280 ▼ 42%
Retained profit € 4,424 € -5,526 € -28,171 € -37,944 ▼ € 9,773
Bank debt € 3,000 € 250 € 250 € 1,450 ▲ € 1,200
Balance sheet total € 26,026 € 25,023 € 34,813 € 29,050 ▼ 17%

Key figures of SARA II, fiscal years 2019 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 SARA II?

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

SARA II is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 9,773. filed late Source: NBB ↗
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 679 profit in 2019 to € 9,773 loss in 2022.

Paid € 200 in corporate taxes since 2019.

Best year ever: 2019, with € 679 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Bevrijdingslaan 69

9000 Gent

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

Details

Company number
0662.760.913
VAT number
BE 0662.760.913
Registered office
Bevrijdingslaan 69, 9000 Gent
Names & denominations
SARA II
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
20 September 2016
Peppol
Not registered
Activities · NACE

Cafés en bars

Frequently asked questions

What does SARA II do?
SARA II is a bar in Gent. Private Limited, started on 20 September 2016, 1 establishment.
What is the address of SARA II?
The registered office of SARA II is located at Bevrijdingslaan 69, 9000 Gent.
Is SARA II still active?
No. The CBE lists SARA II 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 SARA II registered on Peppol?
No, SARA II is currently not registered on the Peppol network.
What is the enterprise number of SARA II?
The enterprise number of SARA II is BE0662760913.
When was SARA II founded?
SARA II was founded on 20 September 2016.