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SAANALCO

Active
Private limited companyfounded 2025active for 1 yearBredabaan 148, 2930 Brasschaat, BelgiumKBO/BCE: BE 1019.341.821
Summary

The computed 12-month bankruptcy probability of SAANALCO is 3.6% (moderate). The 2025 annual accounts show negative equity (-€1,198) and a net result of -€4,198. Its solvency ranks better than 22% of 22,554 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€1,198
Total assets
€289,867
Net result
-€4,198
Working capital
-€199,517

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €289,867
Fixed assets €216,319
Current assets €73,548
Equity and liabilities
Equity-€1,198
Debt€291,065
Equity is negative: debt (€291,065) exceeds the balance-sheet total (€289,867).
Key figures and ratios
2025 value
EBITDA
€18,374
Cash flow
€14,192
Solvency
-0.4%
Current ratio
0.27
Quick ratio
0.15
ROA
-1.4%
Interest coverage
4.39
Debt
€291,065
Debt ≤ 1 year
€273,065
Debt > 1 year
€18,000
Staff costs
€23,129
A ratio outside any meaningful range has been withheld (balance sheet total €289,867, equity -€1,198).

Peer companies

Historical observation

Of the 232 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96.1% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a small loss
1.7% went bankrupt
2.2% stopped otherwise
96.1% still going

For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 232 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€289,867
Fixed assets21/28€216,319
Intangible fixed assets21€212,899
Tangible fixed assets22/27€3,420
Plant, machinery and equipment23€2,370
Furniture and vehicles24€1,050
Current assets29/58€73,548
Amounts receivable after more than one year29€29,856
Other amounts receivable291€29,856
Stocks and contracts in progress3€33,801
Stocks30/36€33,801
Amounts receivable within one year40/41€3,498
Trade receivables40€3,490
Other amounts receivable41€8
Cash at bank and in hand54/58€1,795
Deferred charges and accrued income490/1€4,598
Equity and liabilities
Total equity and liabilities10/49€289,867
Equity10/15-€1,198
Contributions10/11€3,000
Profit (loss) carried forward14-€4,198
Amounts payable17/49€291,065
Amounts payable after more than one year17€18,000
Financial debts170/4€18,000
Amounts payable within one year42/48€273,065
Financial debts43€22,800
Credit institutions430/8€22,800
Trade debts44€227,745
Suppliers440/4€227,745
Taxes, remuneration and social security45€22,520
Taxes450/3€20,402
Remuneration and social security454/9€2,118
Income statement Code2025
Remuneration, social security and pensions62€23,129
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,390
Other operating charges640/8€463
Gross operating margin9900€41,966
Operating profit (loss)9901-€16
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€4,185
Recurring financial charges65€4,185
Profit (loss) for the period before taxes9903-€4,198
Profit (loss) for the period9904-€4,198
Profit (loss) for the period to be appropriated9905-€4,198
Appropriation of the result
Profit (loss) to be appropriated9906-€4,198

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€23,129
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,390
Other operating charges640/8€463
Gross operating margin9900€41,966
Operating profit (loss)9901-€16
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€4,185
Recurring financial charges65€4,185
Profit (loss) for the period before taxes9903-€4,198
Profit (loss) for the period9904-€4,198
Profit (loss) for the period to be appropriated9905-€4,198
Line2025
Assets
Total assets20/58€289,867
Fixed assets21/28€216,319
Intangible fixed assets21€212,899
Tangible fixed assets22/27€3,420
Plant, machinery and equipment23€2,370
Furniture and vehicles24€1,050
Current assets29/58€73,548
Amounts receivable after more than one year29€29,856
Other amounts receivable291€29,856
Stocks and contracts in progress3€33,801
Stocks30/36€33,801
Amounts receivable within one year40/41€3,498
Trade receivables40€3,490
Other amounts receivable41€8
Cash at bank and in hand54/58€1,795
Deferred charges and accrued income490/1€4,598
Equity and liabilities
Total equity and liabilities10/49€289,867
Equity10/15-€1,198
Contributions10/11€3,000
Profit (loss) carried forward14-€4,198
Amounts payable17/49€291,065
Amounts payable after more than one year17€18,000
Financial debts170/4€18,000
Amounts payable within one year42/48€273,065
Financial debts43€22,800
Credit institutions430/8€22,800
Trade debts44€227,745
Suppliers440/4€227,745
Taxes, remuneration and social security45€22,520
Taxes450/3€20,402
Remuneration and social security454/9€2,118
Line2025
Profit (loss) for the period9904-€4,198
+ Depreciation and write-downs630€18,390
Operating cash flow (approximation)€14,192

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-07-2026 2026-00374279

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 664 active companies whose main activity is retail trade (NACE 47715), figures are known for 188. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.