Bankrupt · Opening faillissement (CBE)

Singh Saab

BE0727844646

Rechtspersoon Private limited company 1 establishment

Aldestraat 39, 3500 Hasselt

Behind the company: HARMEET SINGH.

Start date

6 June 2019

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 1 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 7 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

Singh Saab from Hasselt, company number BE0727844646, closed financial year 2022 with a result of € -3,715 after tax. For that financial year Singh Saab recorded a gross margin of € -3,611 and equity of € -324. Compared with financial year 2021, the result moved from € -4,057 to € -3,715. 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 1, 2023.

What it is worth Caution

€ -324

▼ € 3,715 vs 2021

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

Loss Caution

€ -3,715

▲ 8 % less loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 1,324

▲ 134% 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 € -6,324.

People and assets in 2022

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2022

Bank debt

None

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

Owed to suppliers

€ 377

▼ 90% vs 2021

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

Taxes

€ 33

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

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € -3,414 € -3,611 ▼ € 197
Profit after taxes € -4,057 € -3,715 ▲ € 342
Equity € 3,390 € -324 ▼ € 3,715
Total debts € 15,085 € 18,071 ▲ 20%
Cash € 565 € 1,324 ▲ 134%
Retained profit € -2,610 € -6,324 ▼ € 3,715
Balance sheet total € 18,476 € 17,747 ▼ 4%

Key figures of Singh Saab, 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 Singh Saab?

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

Singh Saab is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 3,715. filed late Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 4,057 loss in 2021 to € 3,715 loss in 2022.

Paid € 75 in corporate taxes since 2021.

Management

HARMEET SINGH
Singh Saab

Behind Singh Saab is HARMEET SINGH.

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Directors

According to the 2022 annual accounts

HARMEET SINGH

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Aldestraat 39

3500 Hasselt

2.291.499.096

Verbondstraat 7

2000 Antwerpen

Active since 1 July 2019

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

Details

Company number
0727.844.646
VAT number
BE 0727.844.646
Registered office
Aldestraat 39, 3500 Hasselt
Names & denominations
Singh Saab
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
6 June 2019
Peppol
Not registered

Frequently asked questions

What is the address of Singh Saab?
The registered office of Singh Saab is located at Aldestraat 39, 3500 Hasselt.
Is Singh Saab still active?
No. The CBE lists Singh Saab 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 Singh Saab registered on Peppol?
No, Singh Saab is currently not registered on the Peppol network.
What is the enterprise number of Singh Saab?
The enterprise number of Singh Saab is BE0727844646.
When was Singh Saab founded?
Singh Saab was founded on 6 June 2019.
Who owns Singh Saab?
Behind Singh Saab is HARMEET SINGH.