OPENING OF BANKRUPTCY

SARWAN

Financial year 2023 · closed on 31/12/2023
Net result
-52,3 k €
-2666.5% YoY
Gross margin
-3,6 k €
-129.0% YoY
Equity
-130,5 k €
-66.8% YoY

Company — Opening of bankruptcy.

What does SARWAN do?

SARWAN is a Private company with limited liability incorporated in 2011. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Lille.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0840.613.084
Incorporation
25/10/2011
Legal form
Private company with limited liability
Registered office
Rechtestraat 19
2275 Lille · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202320222021202020192018201720162015201420132012
Income statement
Gross margin-3,6 k €12,5 k €14,7 k €-16,5 k €-2,7 k €-5,7 k €-9,9 k €-2,4 k €-5 k €-20,6 k €-12,6 k €4,9 k €
EBITDA-48,1 k €3,8 k €13,4 k €-18,1 k €-4,9 k €-6,7 k €-10,7 k €-3,3 k €-6 k €-21,3 k €-13,5 k €3,3 k €
Operating result-51,4 k €631,3 €12,4 k €-20,4 k €-7,2 k €-8,8 k €-12,9 k €-6,1 k €-8,8 k €-22,5 k €-19 k €504,8 €
Net result-52,3 k €-1,9 k €12,2 k €-20,9 k €-7,5 k €-9,2 k €-13,2 k €-6,4 k €-9 k €-25 k €-16,6 k €682,8 €
Balance sheet
Equity-130,5 k €-78,2 k €-76,3 k €-88,6 k €-67,7 k €-60,2 k €-51 k €-37,8 k €-31,3 k €-22,3 k €2,7 k €19,3 k €
Total assets38,6 k €42,1 k €84,9 k €38 k €35,4 k €28,5 k €31,7 k €22,1 k €23,8 k €21,6 k €42,6 k €22,8 k €
Cash4,6 k €5,5 k €17,7 k €3,8 k €2,2 k €1,3 k €265,2 €252,7 €561,1 €5,2 k €2,1 k €1,5 k €
Debts168,1 k €119,3 k €160,3 k €125,6 k €103,1 k €88,7 k €82,7 k €59,9 k €55,2 k €43,9 k €39,9 k €3,5 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 8 ended

Active mandates

Balvinder Kaur

Bestuurder · since 25 octobre 2011

Active

Ended mandates

Kaur Belvinder

Bestuurder · since 19 mai 2021

Ended
Balvinder Kaur

Director · since 27 avril 2021

Ended
Gurdit Singh

Manager · since 01 juillet 2017 · until 28 juin 2018

Ended
Gurdit Singh

Manager · since 01 juillet 2017

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/02/202520/03/202401/09/202214/03/202229/10/202031/07/2019
General meeting24/02/202529/02/202410/06/202211/03/202210/06/202011/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202324/02/202527/02/2025DutchPDF
Micro model31/12/202229/02/202420/03/2024DutchPDF
Micro model31/12/202110/06/202201/09/2022DutchPDF
Micro model31/12/202011/03/202214/03/2022DutchPDF
Micro model31/12/201910/06/202029/10/2020DutchPDF
Micro model31/12/201811/06/201931/07/2019DutchPDF
Micro model31/12/201711/06/201827/06/2018DutchPDF
Micro model31/12/201610/06/201721/06/2017DutchPDF
Abridged model31/12/201510/06/201627/06/2016DutchPDF
Abridged model31/12/201410/06/201506/07/2015DutchPDF
Abridged model31/12/201310/06/201423/06/2014DutchPDF
Abridged model31/12/201210/06/201312/07/2013DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 8 ended

Active mandates

Balvinder Kaur

Bestuurder · since 25 octobre 2011

Active

Ended mandates

Kaur Belvinder

Bestuurder · since 19 mai 2021

Ended
Balvinder Kaur

Director · since 27 avril 2021

Ended
Gurdit Singh

Manager · since 01 juillet 2017 · until 28 juin 2018

Ended
Gurdit Singh

Manager · since 01 juillet 2017

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-52,3 k €
  2. 2022
    Annual accounts 2022-1,9 k €
  3. 2021
    Annual accounts 202112,2 k €
  4. 2020
    Annual accounts 2020-20,9 k €
  5. 2019
    Annual accounts 2019-7,5 k €
  6. 2018
    Annual accounts 2018-9,2 k €
  7. 2017
    Annual accounts 2017-13,2 k €
  8. 2016
    Annual accounts 2016-6,4 k €
  9. 2015
    Annual accounts 2015-9 k €
  10. 2014
    Annual accounts 2014-25 k €
  11. 2013
    Annual accounts 2013-16,6 k €
  12. 2012
    Annual accounts 2012682,8 €
  13. 25/10/2011
    IncorporationPrivate company with limited liability