SAN HOLDING
ActiveSummary
SAN HOLDING has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€101,470. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, full format
2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00476330.
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 | €0.008m | |
| Fixed assets21/28 | €2.0m | |
| Financial fixed assets28 | €2.0m | |
| Current assets29/58 | €0.1m | |
| Amounts receivable within one year40/41 | €0.09m | |
| Other amounts receivable41 | €0.09m | |
| Cash at bank and in hand54/58 | €0.03m | |
| 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 | €0.2m | |
| Profit (loss) carried forward14 | -€0.1m | |
| Amounts payable17/49 | €0.7m | |
| Amounts payable after more than one year17 | €0.6m | |
| Financial debts170/4 | €0.6m | |
| Amounts payable within one year42/48 | €0.09m | |
| Current portion of amounts payable after more than one year42 | €0.09m | |
| Trade debts44 | €0.001m | |
| Suppliers440/4 | €0.001m | |
| Accrued charges and deferred income492/3 | €0.002m | |
| 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 30-08-2026 | 2026-00476330 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.