Sanapolis
ActiveSummary
Sanapolis has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €471k and a net result of €-21k. Its solvency ranks better than 42% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2021
Profitability52▼-25
Solvency49▼-1
Growth52
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 3.38 in 2021; short-term debt: 23.1% and cash: 21.5% of total assets), and 76.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23.8%
Return on assets
-1.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2021
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€1.29M
EBIT margin
1.5%
Net result
€-21k
2021 · €110k
Working capital
€200k▼ 81.7%
2021 · €1.09M
Trend over the years
Click a name to add, emphasise or remove a line.
Available amounts per fiscal year
Line20212024
Turnover€1.29M-
Operating result€114k-€19k-
Net result€110k-€-21k-
EBIT margin1.5%-
Equity€411k-€471k-
Total assets€1.62M-€1.98M-
Debt€1.21M-€1.51M-
Working capital€1.09M-€200k-
Staff (FTE)5.8-4.4-
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €19k in 2024, compared with €114k in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2021 as the grey bar beneath
Assets €1.98M
Fixed assets
€1.32M ▲ 1,748%
Current assets
€656k ▼ 57.7%
Equity and liabilities €1.98M
Equity
€471k ▲ 14.7%
Debt
€1.51M ▲ 24.4%
Debt's share of the balance-sheet total rises from 74.7% to 76.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€119k▼
2021 · €129k
Cash flow
€78k▼
2021 · €125k
Current ratio
1.44▼
2021 · 3.38
Quick ratio
1.42▼
2021 · 3.38
Debt to equity
3.20▲
2021 · 2.95
ROE
-4.5%▼
2021 · 26.7%
ROA
-1.1%▼
2021 · 6.8%
Interest coverage
3.94▼
2021 · 33.68
Debt ≤ 1 year
€457k▼
2021 · €460k
Debt > 1 year
€822k
Income taxes
€12k
Staff costs
€239k▼
2021 · €249k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2024 | Change |
|---|---|---|---|
| Operating income70/76A | - | €1.35M | - |
| Turnover70 | - | €1.29M | - |
| Other operating income74 | - | €10k | - |
| Non-recurring operating income76A | - | €44k | - |
| Operating charges60/66A | - | €1.33M | - |
| Goods for resale, raw materials and consumables60 | - | €84k | - |
| Purchases600/8 | - | €82k | - |
| Change in stocks: decrease (increase)609 | - | €2k | - |
| Services and other goods61 | - | €760k | - |
| Remuneration, social security and pensions62 | €249k | €239k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €99k | - |
| Other operating charges640/8 | €65k | €144k | - |
| Non-recurring operating charges66A | €121k | €382 | - |
| Gross operating margin9900 | €563k | - | - |
| Operating profit (loss)9901 | €114k | €19k | - |
| Financial income75/76B | €8 | €2k | - |
| Recurring financial income75 | €8 | €2k | - |
| Other financial income752/9 | - | €2k | - |
| Financial charges65/66B | €4k | €30k | - |
| Recurring financial charges65 | €4k | €30k | - |
| Debt charges650 | - | €30k | - |
| Profit (loss) for the period before taxes9903 | €110k | €-9k | - |
| Income taxes67/77 | - | €12k | - |
| Taxes670/3 | - | €12k | - |
| Profit (loss) for the period9904 | €110k | €-21k | - |
| Profit (loss) for the period to be appropriated9905 | €110k | €-21k | - |
| Line | 2021 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.62M | €1.98M | - |
| Formation expenses20 | - | €0 | - |
| Fixed assets21/28 | €72k | €1.32M | - |
| Intangible fixed assets21 | €691 | €24k | - |
| Tangible fixed assets22/27 | €71k | €1.30M | - |
| Land and buildings22 | - | €0 | - |
| Plant, machinery and equipment23 | €71k | €149k | - |
| Furniture and vehicles24 | €94 | €79k | - |
| Other tangible fixed assets26 | - | €1.07M | - |
| Current assets29/58 | €1.55M | €656k | - |
| Stocks and contracts in progress3 | - | €8k | - |
| Stocks30/36 | - | €8k | - |
| Goods purchased for resale34 | - | €8k | - |
| Amounts receivable within one year40/41 | €36k | €66k | - |
| Trade receivables40 | €36k | €22k | - |
| Other amounts receivable41 | - | €44k | - |
| Cash at bank and in hand54/58 | €1.50M | €427k | - |
| Deferred charges and accrued income490/1 | €17k | €155k | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.62M | €1.98M | - |
| Equity10/15 | €411k | €471k | - |
| Profit (loss) carried forward14 | €411k | €471k | - |
| Amounts payable17/49 | €1.21M | €1.51M | - |
| Amounts payable after more than one year17 | - | €822k | - |
| Financial debts170/4 | - | €822k | - |
| Credit institutions173 | - | €822k | - |
| Amounts payable within one year42/48 | €460k | €457k | - |
| Trade debts44 | €237k | €392k | - |
| Suppliers440/4 | €237k | €392k | - |
| Advances received on contracts in progress46 | - | €10k | - |
| Taxes, remuneration and social security45 | €223k | €40k | - |
| Taxes450/3 | €202k | €19k | - |
| Remuneration and social security454/9 | €21k | €20k | - |
| Accrued charges and deferred income492/3 | €753k | €230k | - |
| Line | 2021 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €110k | €-21k | - |
| + Depreciation and write-downs630 | €15k | €99k | - |
| Operating cash flow (approximation) | €125k | €78k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
NBB filing
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Damme · 1 establishment unit since 2019
Ground area
6.9 ha
Building footprint
8,164 m²
Volume, LiDAR
87,289 m³
Parcel 31026B0330/00E000, Flanders · tallest building 30.6 m, ±4 floors. Linked by address, not a title deed.
27
companies at this address
See who is registered here
1 establishment unit
Gentse Steenweg 132, 8340 Damme
since 20192.283.212.328
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026B0330/00E000 | Flanders | 6.9 ha | 1 · 8,164 m² | 30.6 m · 4 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 1,052,051 EUR awarded · 950,256 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | -781,750 EUR | 153,959 EUR |
| 2024 | 4 | 148,039 EUR | 137,350 EUR |
| 2022 | 1 | 1,685,762 EUR | 658,947 EUR |
Schemes
DWVG - ZORG - Programmamanagement en bestaffing vaccinatieteams in de vaccinatiecentra
Logiessubsidie: steun voor erkend toeristisch logies
Jeugdtoerisme: Tewerkstellingssubsidie voor een hostel of een jeugdverblijf met comfortclassificatie comfort (Decreet Jeugdverblijven en Hostels 2022)
Oproepen innovatie en starters
Recognitions · licences · registrations
Food safety, FASFC
1 siteDamme2.283.212.328
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,385. 3,696 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded12-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
94999Other membership organisations
56111Full-service restaurants
91410Libraries, archives, museums and other cultural activities
Scores and ratios are computed by Checked and are not a credit decision.