OPENING OF BANKRUPTCY

SAR & AY ENGINEERING

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Financial year 2024 · closed on 31/12/2024

Net result

80,9 k €

+42.6% YoY

Gross margin

161,1 k €

+62.3% YoY

Equity

345 k €

+30.6% YoY

Company — Opening of bankruptcy.

What does SAR & AY ENGINEERING do?

SAR & AY ENGINEERING is a Private company with limited liability incorporated in 2006. Its registered office is in Beringen.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0884.129.264

Incorporation

10/10/2006

Legal form

Private company with limited liability

Registered office

Beverlo-Dorp 33
3581 Beringen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2024

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	161,1 k €	+62.3%	99,3 k €	+3.5%	95,9 k €	+169%	35,7 k €	-53.3%	76,4 k €	+661%	10 k €	-46.1%	18,6 k €	+56.7%	11,9 k €	-44.3%	21,3 k €	+34.3%	15,9 k €	-4.5%	16,7 k €	-55.1%	37,1 k €	-39.2%	60,9 k €	+113%	28,6 k €	+54.8%	18,4 k €	+91.4%	9,6 k €	-57.3%	22,5 k €	-54.5%	49,5 k €
EBITDA	121,7 k €	+55.1%	78,5 k €	-11.7%	88,9 k €	+152%	35,3 k €	-53.4%	75,7 k €	+719%	9,2 k €	-48.0%	17,7 k €	+72.5%	10,3 k €	-48.2%	19,9 k €	+31.1%	15,1 k €	+1.8%	14,9 k €	-58.2%	35,6 k €	-20.8%	44,9 k €	+213%	14,4 k €	-16.0%	17,1 k €	+159%	6,6 k €	-68.4%	20,9 k €	-51.2%	42,8 k €
Operating result	118,8 k €	+52.2%	78 k €	-12.0%	88,7 k €	+151%	35,3 k €	-48.3%	68,3 k €	+3671%	1,8 k €	-81.7%	9,9 k €	+1102%	823,3 €	-92.1%	10,4 k €	-21.9%	13,3 k €	+92.5%	6,9 k €	-75.6%	28,3 k €	-23.9%	37,1 k €	+589%	5,4 k €	+135%	-15,3 k €	-60.7%	-9,5 k €	-651%	1,7 k €	-94.0%	28,7 k €
Net result	80,9 k €	+42.6%	56,7 k €	+7.1%	52,9 k €	+66.6%	31,8 k €	-39.3%	52,3 k €	+30606%	170,4 €	-97.2%	6,1 k €	+291%	-3,2 k €	-152%	6,2 k €	-32.2%	9,1 k €	+97.9%	4,6 k €	-73.0%	17 k €	-27.5%	23,5 k €	+858%	2,5 k €	+163%	-3,9 k €	+66.5%	-11,5 k €	-13012%	89,4 €	-99.6%	22,8 k €
Balance sheet
Equity	345 k €	+30.6%	264,1 k €	+27.3%	207,4 k €	+34.3%	154,5 k €	+25.9%	122,7 k €	+74.3%	70,4 k €	+0.2%	70,2 k €	+9.4%	64,2 k €	-4.7%	67,3 k €	+10.1%	61,2 k €	+17.4%	52,1 k €	+9.7%	47,5 k €	+55.8%	30,5 k €	+335%	7 k €	+53.8%	4,6 k €	-45.9%	8,4 k €	-57.8%	20 k €	+0.4%	19,9 k €
Total assets	452 k €	+25.1%	361,2 k €	+18.5%	304,9 k €	+27.1%	239,9 k €	+17.6%	204 k €	+87.1%	109,1 k €	-9.4%	120,4 k €	+3.8%	116 k €	+16.4%	99,7 k €	+54.9%	64,3 k €	+18.3%	54,4 k €	-8.8%	59,6 k €	+19.4%	49,9 k €	+3.3%	48,3 k €	-22.4%	62,2 k €	-6.3%	66,4 k €	-34.6%	101,5 k €	+67.7%	60,5 k €
Cash	13,9 k €	+76.8%	7,8 k €		–		–		–		–		–		23,6 k €	+515%	3,8 k €		–		5,1 k €	+35.7%	3,8 k €	-13.0%	4,3 k €	-36.2%	6,8 k €	-75.9%	28,1 k €		–		–		7,4 k €
Debts	107 k €	+10.3%	97 k €	-0.5%	97,5 k €	+14.1%	85,4 k €	+5.0%	81,3 k €	+110%	38,7 k €	-22.9%	50,2 k €	-3.1%	51,8 k €	+60.3%	32,3 k €	+927%	3,1 k €	+38.4%	2,3 k €	-81.2%	12,1 k €	-37.7%	19,4 k €	-53.0%	41,3 k €	-28.4%	57,7 k €	+7.2%	53,8 k €	-34.0%	81,5 k €	+101%	40,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,7 ETP	+133%	0,3 ETP		–		–		0,1 ETP	-66.7%	0,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

Ensar Karaaslan

Director · since 18 octobre 2006

Active

Ended mandates

Ensar KARAASLAN

Director · since 06 octobre 2006

Ended

Ensar Karaaslan

Manager

Ended

Ensar KARAASLAN

Director

Ended

Fatma Karaaslan

Manager · until 25 novembre 2013

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/09/2025	15/05/2025	13/12/2023	03/11/2023	06/09/2022	19/02/2021
General meeting	24/06/2025	13/05/2025	27/06/2023	28/06/2022	29/06/2021	30/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	24/06/2025	18/09/2025	Dutch	PDF
Micro model	31/12/2023	13/05/2025	15/05/2025	Dutch	PDF
Micro model	31/12/2022	27/06/2023	13/12/2023	Dutch	PDF
Micro model	31/12/2021	28/06/2022	03/11/2023	Dutch	PDF
Micro model	31/12/2020	29/06/2021	06/09/2022	Dutch	PDF
Micro model	31/12/2019	30/11/2020	19/02/2021	Dutch	PDF
Micro model	31/12/2018	24/08/2019	13/09/2019	Dutch	PDF
Abridged model	31/12/2017	28/08/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	28/07/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/08/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	23/06/2015	28/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/07/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/10/2013	11/07/2014	Dutch	PDF
Abridged model	31/12/2011	27/08/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	25/01/2012	10/02/2012	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	29/09/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	15/09/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	30/06/2008	Dutch	PDF

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 31/12/2024 · 1 active · 5 ended

Active mandates

Ensar Karaaslan

Director · since 18 octobre 2006

Active

Ended mandates

Ensar KARAASLAN

Director · since 06 octobre 2006

Ended

Ensar Karaaslan

Manager

Ended

Ensar KARAASLAN

Director

Ended

Fatma Karaaslan

Manager · until 25 novembre 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/12/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/03/2012
MAATSCHAPPELIJKE ZETEL
PDF
Registered office19/01/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other18/10/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2024
Annual accounts 202480,9 k €↑
2023
Annual accounts 202356,7 k €↑
2022
Annual accounts 202252,9 k €↑
2021
Annual accounts 202131,8 k €↓
2020
Annual accounts 202052,3 k €↑
2019
Annual accounts 2019170,4 €↓
2018
Annual accounts 20186,1 k €↑
2017
Annual accounts 2017-3,2 k €↓
2016
Annual accounts 20166,2 k €↓
2015
Annual accounts 20159,1 k €↑
2014
Annual accounts 20144,6 k €↓
2013
Annual accounts 201317 k €↓
2012
Annual accounts 201223,5 k €↑
2011
Annual accounts 20112,5 k €↑
2010
Annual accounts 2010-3,9 k €↑
2009
Annual accounts 2009-11,5 k €↓
2008
Annual accounts 200889,4 €↓
2007
Annual accounts 200722,8 k €
10/10/2006
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SAR & AY ENGINEERING

Overview

What does SAR & AY ENGINEERING do?

Trend over 18 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline