SAN HOLDING
ActiveSummary
The computed 12-month bankruptcy probability of SAN HOLDING is 1.6% (moderate). The 2025 annual accounts show equity of €1.4m and a net result of -€101,470. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability13
Solvency92
Growth-
Track record67
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.26; short-term debt: 4.4% and cash: 1.2% of total assets), and 32.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.4%
Return on assets
-4.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€101,470
Working capital
€23,897
Balance-sheet composition
Assets €2.1m
Fixed assets
€2.0m
Current assets
€116,661
Equity and liabilities €2.1m
Equity
€1.4m
Debt
€690,810
Debt finances 32.6% of the balance-sheet total.
Key figures and ratios
EBITDA
-€1,382
Cash flow
-€100,555
Current ratio
1.26
Debt to equity
0.48
ROE
-7.1%
ROA
-4.8%
Interest coverage
-0.13
Debt ≤ 1 year
€92,764
Debt > 1 year
€596,102
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €916 |
| Other operating charges640/8 | €430 |
| Gross operating margin9900 | -€952 |
| Operating profit (loss)9901 | -€2,298 |
| Financial charges65/66B | €99,173 |
| Recurring financial charges65 | €10,642 |
| Non-recurring financial charges66B | €88,530 |
| Profit (loss) for the period before taxes9903 | -€101,470 |
| Profit (loss) for the period9904 | -€101,470 |
| Profit (loss) for the period to be appropriated9905 | -€101,470 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €2.1m | |
| Formation expenses20 | €7,679 | |
| Fixed assets21/28 | €2.0m | |
| Financial fixed assets28 | €2.0m | |
| Current assets29/58 | €116,661 | |
| Amounts receivable within one year40/41 | €91,470 | |
| Other amounts receivable41 | €91,470 | |
| Cash at bank and in hand54/58 | €25,192 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €2.1m | |
| Equity10/15 | €1.4m | |
| Contributions10/11 | €1.5m | |
| Capital10 | €1.5m | |
| Issued capital100 | €1.8m | |
| Uncalled capital101 | €225,000 | |
| Profit (loss) carried forward14 | -€101,470 | |
| Amounts payable17/49 | €690,810 | |
| Amounts payable after more than one year17 | €596,102 | |
| Financial debts170/4 | €596,102 | |
| Amounts payable within one year42/48 | €92,764 | |
| Current portion of amounts payable after more than one year42 | €91,521 | |
| Trade debts44 | €1,243 | |
| Suppliers440/4 | €1,243 | |
| Accrued charges and deferred income492/3 | €1,944 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€101,470 |
| + Depreciation and write-downs630 | €916 |
| Operating cash flow (approximation) | -€100,555 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 30 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sprimont · 1 establishment unit since 2025
Ground area
1,063 m²
Parcel 62067F0517/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SAN HOLDING
since 20252.375.860.590
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62067F0517/00F000 | Wallonia | 1,063 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded05-06-2025
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:1024031077
Registered
07-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.