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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
SABBAGH from Gent, company number BE0763616167, closed financial year 2022 with a result of € 7,178 after tax. For that financial year SABBAGH recorded revenue of € 359,106 and equity of € 17,529. Compared with financial year 2021, the result moved from € 10,350 to € 7,178. 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 January 11, 2024.
€ 17,529
▲ 69% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,178
▼ 31% vs 2021
Profit after tax over the fiscal year.
€ 17,067
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 17,529.
People and assets in 2022
€ 1,251
▼ 44% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 331
▼ 89% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 568
▼ 96% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 224,430 | € 359,106 | ▲ 60% |
| Gross margin | € 178,649 | € 12,211 | ▼ 93% |
| Profit after taxes | € 10,350 | € 7,178 | ▼ 31% |
| Equity | € 10,350 | € 17,529 | ▲ 69% |
| Total debts | € 20,442 | € 899 | ▼ 96% |
| Cash | - | € 17,067 | |
| Retained profit | € 10,350 | € 17,529 | ▲ 69% |
| Bank debt | € 1,776 | € 0 | ▼ 100% |
| Balance sheet total | € 30,793 | € 18,428 | ▼ 40% |
Key figures of SABBAGH, 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 SABBAGH?
What happened at SABBAGH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SABBAGH is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: profit of € 7,178 (▼ 31% vs 2021). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 10,350 profit in 2021 to € 7,178 profit in 2022.
Paid € 6,311 in corporate taxes since 2021.
Best year ever: 2021, with € 10,350 profit.
Establishments
Establishment units
Physical locations of this company
Dendermondsesteenweg 16
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DABBABO Mohamad Wasim(oprichter) 95%
- SABBAGH Subhi(oprichter) 5%
Details
- Company number
- 0763.616.167
- VAT number
- BE 0763.616.167
- Registered office
- Dendermondsesteenweg 16, 9000 Gent
- Names & denominations
- SABBAGH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 15 February 2021
- Peppol
- Not registered
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)