Bankrupt · Opening faillissement (CBE)

SARWAN

BE0840613084

Rechtspersoon Private limited company 1 establishment

SARWAN is a clothing shop in Lille. Private Limited, started on 25 October 2011, 1 establishment.

Rechtestraat 19, 2275 Lille

Behind the company: Balvinder Kaur.

Start date

25 October 2011

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 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 46 % of short-term debt in 2023; threshold 65 %.

  • Late annual account NBB

    Fiscal year 2023 was filed 211 days after the legal deadline.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

SARWAN from Lille, company number BE0840613084, closed financial year 2023 with a result of € -52,290 after tax. For that financial year SARWAN recorded a gross margin of € -3,630 and equity of € -130,529. Compared with financial year 2022, the result moved from € -1,890 to € -52,290. 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 27, 2025.

What it is worth Caution

€ -130,529

▼ € 52,290 vs 2022

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

Loss Caution

€ -52,290

▼ 2667 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 4,595

▼ 16% vs 2022

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 € -149,129.

People and assets in 2023

Full-time equivalents estimate

≈ 1

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

Wage cost

€ 40,476

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

€ 9,570

▼ 25% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

None

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

Owed to suppliers

€ 13,464

▲ € 12,341 vs 2022

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

Wages and social charges

€ 3,820

▲ € 2,947 vs 2022

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 14,748 € 12,504 € -3,630 ▼ € 16,135
Profit after taxes € 12,236 € -1,890 € -52,290 ▼ € 50,400
Equity € -76,348 € -78,238 € -130,529 ▼ € 52,290
Total debts € 161,271 € 120,301 € 169,093 ▲ 41%
Cash € 17,656 € 5,464 € 4,595 ▼ 16%
Retained profit € -94,948 € -96,838 € -149,129 ▼ € 52,290
Balance sheet total € 84,922 € 42,063 € 38,564 ▼ 8%

Key figures of SARWAN, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to SARWAN?

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

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

  • New annual accounts for financial year 2023: loss of € 52,290. filed late Source: NBB ↗
  • New establishment in Lille. KBO
  • Balvinder Kaur became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 12,236 profit in 2021 to € 52,290 loss in 2023.

Paid € 2,082 in corporate taxes since 2021.

Best year ever: 2021, with € 12,236 profit.

Management

Balvinder Kaur
SARWAN

Behind SARWAN is Balvinder Kaur.

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Directors

According to the 2023 annual accounts

Balvinder Kaur

Bestuurder

since 2011

Establishments

Establishment units

Physical locations of this company

Registered office

Rechtestraat 19

2275 Lille

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

Details

Company number
0840.613.084
VAT number
BE 0840.613.084
Registered office
Rechtestraat 19, 2275 Lille
Names & denominations
SARWAN
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
25 October 2011
Peppol
Active · Active since 1 Sept 2026
Activities · NACE

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Frequently asked questions

What does SARWAN do?
SARWAN is a clothing shop in Lille. Private Limited, started on 25 October 2011, 1 establishment.
What is the address of SARWAN?
The registered office of SARWAN is located at Rechtestraat 19, 2275 Lille.
Is SARWAN still active?
No. The CBE lists SARWAN 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 SARWAN registered on Peppol?
Yes, SARWAN is registered on the Peppol network with ID 0208:0840613084.
What is the enterprise number of SARWAN?
The enterprise number of SARWAN is BE0840613084.
When was SARWAN founded?
SARWAN was founded on 25 October 2011.