Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
SANZ & CO from Gent, company number BE0737841188, closed financial year 2024 with a result of € -9,643 after tax. For that financial year SANZ & CO recorded a gross margin of € 83,162 and equity of € -48,056. Compared with financial year 2023, the result moved from € -3,749 to € -9,643. 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 February 17, 2025.
€ -48,056
▼ € 9,643 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,643
▼ 157 % more loss than in 2023
Profit after tax over the fiscal year.
€ 6,229
▼ 66% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -68,056.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 68,061
▼ 15% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 551
▼ 31% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 122,270
▼ 18% vs 2023
€ 8,719 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 20,218
▲ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 11,352
▼ 54% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 62,452 | € 99,691 | € 83,162 | ▼ 17% |
| Profit after taxes | € -17,256 | € -3,749 | € -9,643 | ▼ € 5,894 |
| Equity | € -34,664 | € -38,413 | € -48,056 | ▼ € 9,643 |
| Total debts | € 180,320 | € 190,858 | € 163,478 | ▼ 14% |
| Cash | € 20,613 | € 18,227 | € 6,229 | ▼ 66% |
| Retained profit | € -54,664 | € -58,413 | € -68,056 | ▼ € 9,643 |
| Bank debt | € 133,388 | € 149,889 | € 122,270 | ▼ 18% |
| Balance sheet total | € 145,655 | € 152,445 | € 115,422 | ▼ 24% |
Key figures of SANZ & CO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to SANZ & CO?
What happened at SANZ & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SANZ & CO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 9,643. filed late Source: NBB ↗
- Willem Deketelaere became a director. NBB
- Steven Van de Putte stepped down as director. NBB
- New establishment in Gent. KBO
- Steven Van de Putte became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,256 loss in 2022 to € 9,643 loss in 2024.
Management
Behind SANZ & CO is Willem Deketelaere.
Directors
According to the 2024 annual accounts
Willem Deketelaere
Director
since 2024
Steven Van de Putte
Director
since 2019 · until 2024
Establishments
Establishment units
Physical locations of this company
Belfortstraat 39
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
- 0737.841.188
- VAT number
- BE 0737.841.188
- Registered office
- Belfortstraat 39, 9000 Gent
- Names & denominations
- SANZ & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 19 November 2019
- Peppol
- Active · Active since 26 Jul 2024
- Activities · NACE
Cafés en bars
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Overige eetgelegenheden