Bankrupt · Opening faillissement (CBE)

SARM

BE0870077924

Rechtspersoon Private limited company 2 establishments

SARM is a hospitality business in Sint-Lambrechts-Woluwe. Private Limited, started on 19 November 2004, 2 establishments.

Georges Henrilaan 350, 1200 Sint-Lambrechts-Woluwe

Start date

19 November 2004

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 2 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 10 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

SARM from Sint-Lambrechts-Woluwe, company number BE0870077924, closed financial year 2022 with a result of € -43,984 after tax. For that financial year SARM recorded a gross margin of € 400,121 and equity of € -146,049. Compared with financial year 2021, the result moved from € -33,353 to € -43,984. 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 29, 2023.

What it is worth Caution

€ -146,049

▼ € 43,984 vs 2021

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

Loss Caution

€ -43,984

▼ 32 % more loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 18,609

▲ 4% 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 € -152,249.

People and assets in 2022

Wage cost

€ 336,891

▲ 64% vs 2021

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

€ 50,859

▼ 22% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 4 years to go

€ 70,316

▼ 33% vs 2021

€ 15,889 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 72,913

▼ 30% vs 2021

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

Taxes and wages

€ 168,144

▲ 67% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 267,748 € 400,121 ▲ 49%
Profit after taxes € -33,353 € -43,984 ▼ € 10,631
Equity € -102,065 € -146,049 ▼ € 43,984
Total debts € 352,905 € 352,569
Cash € 17,914 € 18,609 ▲ 4%
Retained profit € -108,265 € -152,249 ▼ € 43,984
Bank debt € 104,583 € 70,316 ▼ 33%
Balance sheet total € 250,840 € 206,520 ▼ 18%

Key figures of SARM, 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 SARM?

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

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

  • New annual accounts for financial year 2022: loss of € 43,984. filed late Source: NBB ↗
  • New establishment in Sint-Lambrechts-Woluwe. KBO
  • Start of the company according to the CBE. KBO
  • New establishment in Sint-Lambrechts-Woluwe. KBO

In short

From € 33,353 loss in 2021 to € 43,984 loss in 2022.

Establishments

Establishment units

Physical locations of this company

Registered office

Georges Henrilaan 350

1200 Sint-Lambrechts-Woluwe

2.280.501.375

Heydenberglaan 2

1200 Sint-Lambrechts-Woluwe

Active since 1 February 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0870.077.924
VAT number
BE 0870.077.924
Registered office
Georges Henrilaan 350, 1200 Sint-Lambrechts-Woluwe
Names & denominations
SARM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 November 2004
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Restaurants van het traditionele type

Eetgelegenheden met volledige bediening

Frequently asked questions

What does SARM do?
SARM is a hospitality business in Sint-Lambrechts-Woluwe. Private Limited, started on 19 November 2004, 2 establishments.
What is the address of SARM?
The registered office of SARM is located at Georges Henrilaan 350, 1200 Sint-Lambrechts-Woluwe.
Is SARM still active?
No. The CBE lists SARM 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 SARM registered on Peppol?
No, SARM is currently not registered on the Peppol network.
What is the enterprise number of SARM?
The enterprise number of SARM is BE0870077924.
When was SARM founded?
SARM was founded on 19 November 2004.