SANCENTRAL
ActiveSummary
SANCENTRAL has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,779 and a net result of -€11,364. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability28▼-64
Solvency35▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 5.38 against 7.1 in 2024; short-term debt: 18.6% and cash: 0% of total assets), but 89.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
10.3%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 28374 sector peers (2025).
NBB · sector comparisonPosition among 28374 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
4 d early
2024
92 d late
2023
293 d late
2022
133 d late
2021
72 d late
2020
3 d early
2019
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 95 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 October (4 of the last 5 filed years within 96 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€31,779▼ 26.3%
2024 · €43,143
Total assets
€307,234▲ 0.4%
2024 · €306,107
Net result
-€11,364
2024 · €56,189
Working capital
€250,146▼ 4.9%
2024 · €263,002
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,212▲ 421%-€4,840-€21,346▼ 341%€61,778-€12,544
Net result€20,822within the sector's middle half▲ 549%-€3,548below the sector's middle half-€21,985below the sector's middle half▼ 520%€56,189above the sector's middle half-€11,364below the sector's middle half
Equity€27,487within the sector's middle half▲ 16.1%€23,939within the sector's middle half▼ 12.9%€1,955below the sector's middle half▼ 91.8%€43,143within the sector's middle half▲ 2,107%€31,779within the sector's middle half▼ 26.3%
Total assets€82,391within the sector's middle half▲ 49.7%€135,112within the sector's middle half▲ 64.0%€285,954within the sector's middle half▲ 112%€306,107above the sector's middle half▲ 7.0%€307,234above the sector's middle half▲ 0.4%
Debt€47,354▲ 98.7%€103,623▲ 119%€276,450▲ 167%€255,413▼ 7.6%€267,905▲ 4.9%
Working capital€32,640within the sector's middle half▲ 16.8%€30,241within the sector's middle half▼ 7.3%€249,522above the sector's middle half▲ 725%€263,002above the sector's middle half▲ 5.4%€250,146above the sector's middle half▼ 4.9%
Solvency33.4%within the sector's middle half▼ 9.6pp17.7%below the sector's middle half▼ 15.6pp0.7%below the sector's middle half▼ 17.0pp14.1%below the sector's middle half▲ 13.4pp10.3%below the sector's middle half▼ 3.8pp
Current ratio1.69within the sector's middle half▼ 0.481.29within the sector's middle half▼ 0.408.00above the sector's middle half▲ 6.717.10above the sector's middle half▼ 0.905.38above the sector's middle half▼ 1.72
Return on assets (ROA)25.3%above the sector's middle half▲ 19.4pp-2.6%below the sector's middle half▼ 27.9pp-7.7%below the sector's middle half▼ 5.1pp18.4%above the sector's middle half▲ 26.0pp-3.7%below the sector's middle half▼ 22.1pp
Staff (FTE)1=0.1▼ 90.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12,544 after €61,778 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €307,234
Equity
€31,779 ▼ 26.3%
Provisions
€7,550 =
Debt
€267,905 ▲ 4.9%
Debt's share of the balance-sheet total rises from 83.4% to 87.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€12,544▼
2024 · €62,577
Cash flow
-€11,364▼
2024 · €56,988
Quick ratio
0.04▼
2024 · 0.13
Debt to equity
8.43▲
2024 · 5.92
ROE
-35.8%▼
2024 · 130.2%
Interest coverage
9.25▼
2024 · 39.26
Debt ≤ 1 year
€57,088▲
2024 · €43,105
Debt > 1 year
€210,817=
2024 · €210,817
Income taxes
€176▼
2024 · €4,981
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,165 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
2.6%
went bankrupt
3.0%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 2,165 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,232 | €83 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €884 | €799 | €799 | €799 | €0 | ▼ 100% |
| Other operating charges640/8 | €1,906 | €1,233 | €471 | €1,415 | €1,256 | ▼ 11.2% |
| Gross operating margin9900 | €26,235 | -€2,725 | -€20,076 | €63,992 | -€11,288 | ▼ 118% |
| Operating profit (loss)9901 | €22,212 | -€4,840 | -€21,346 | €61,778 | -€12,544 | ▼ 120% |
| Financial income75/76B | €1,192 | €1,396 | €514 | €987 | €0 | ▼ 100% |
| Recurring financial income75 | €1,192 | €1,396 | €514 | €987 | €0 | ▼ 100% |
| Financial charges65/66B | €73 | €104 | €1,144 | €1,594 | -€1,356 | ▼ 185% |
| Recurring financial charges65 | €73 | €104 | €1,144 | €1,594 | -€1,356 | ▼ 185% |
| Profit (loss) for the period before taxes9903 | €23,332 | -€3,548 | -€21,976 | €61,170 | -€11,188 | ▼ 118% |
| Income taxes67/77 | €2,510 | - | €8 | €4,981 | €176 | ▼ 96.5% |
| Profit (loss) for the period9904 | €20,822 | -€3,548 | -€21,985 | €56,189 | -€11,364 | ▼ 120% |
| Profit (loss) for the period to be appropriated9905 | €20,822 | -€3,548 | -€21,985 | €56,189 | -€11,364 | ▼ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €82,391 | €135,112 | €285,954 | €306,107 | €307,234 | ▲ 0.4% |
| Fixed assets21/28 | €2,398 | €1,598 | €799 | - | - | - |
| Tangible fixed assets22/27 | €2,398 | €1,598 | €799 | - | - | - |
| Plant, machinery and equipment23 | €747 | €498 | €249 | - | - | - |
| Furniture and vehicles24 | €1,650 | €1,100 | €550 | - | - | - |
| Current assets29/58 | €79,994 | €133,514 | €285,155 | €306,107 | €307,234 | ▲ 0.4% |
| Stocks and contracts in progress3 | €2,500 | €99,743 | €271,657 | €300,419 | €304,805 | ▲ 1.5% |
| Stocks30/36 | €2,500 | €99,743 | €271,657 | €300,419 | €304,805 | ▲ 1.5% |
| Amounts receivable within one year40/41 | €32,822 | €13,438 | €882 | €5,599 | €1,692 | ▼ 69.8% |
| Trade receivables40 | €18,963 | €9,609 | - | €5,000 | €1,692 | ▼ 66.2% |
| Other amounts receivable41 | €13,859 | €3,828 | €882 | €599 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €43,039 | €18,782 | €7,071 | €89 | €82 | ▼ 7.2% |
| Deferred charges and accrued income490/1 | €1,633 | €1,552 | €5,546 | - | €655 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €82,391 | €135,112 | €285,954 | €306,107 | €307,234 | ▲ 0.4% |
| Equity10/15 | €27,487 | €23,939 | €1,955 | €43,143 | €31,779 | ▼ 26.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | - | - | - | - |
| Other1109/19 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €7,027 | €3,479 | -€18,505 | €22,683 | €11,319 | ▼ 50.1% |
| Provisions and deferred taxes16 | €7,550 | €7,550 | €7,550 | €7,550 | €7,550 | = |
| Provisions for liabilities and charges160/5 | €7,550 | €7,550 | €7,550 | €7,550 | €7,550 | = |
| Other liabilities and charges164/5 | €7,550 | €7,550 | €7,550 | €7,550 | €7,550 | = |
| Amounts payable17/49 | €47,354 | €103,623 | €276,450 | €255,413 | €267,905 | ▲ 4.9% |
| Amounts payable after more than one year17 | - | - | €240,817 | €210,817 | €210,817 | = |
| Other amounts payable178/9 | - | - | €240,817 | €210,817 | €210,817 | = |
| Amounts payable within one year42/48 | €47,354 | €103,273 | €35,633 | €43,105 | €57,088 | ▲ 32.4% |
| Trade debts44 | €27,845 | €12,604 | €35,633 | €7,123 | €3,643 | ▼ 48.9% |
| Suppliers440/4 | €27,845 | €12,604 | €35,633 | €7,123 | €3,643 | ▼ 48.9% |
| Advances received on contracts in progress46 | - | - | - | €6,050 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €2,509 | - | - | €4,560 | €4,522 | ▼ 0.8% |
| Taxes450/3 | €2,509 | - | - | €4,560 | €4,522 | ▼ 0.8% |
| Other amounts payable47/48 | €17,000 | €90,669 | - | €25,372 | €48,923 | ▲ 92.8% |
| Accrued charges and deferred income492/3 | - | €350 | - | €1,492 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,822 | -€3,548 | -€21,985 | €56,189 | -€11,364 | ▼ 120% |
| + Depreciation and write-downs630 | €884 | €799 | €799 | €799 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €21,706 | -€2,749 | -€21,185 | €56,988 | -€11,364 | ▼ 120% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€24,257 | -€11,711 | -€6,982 | -€6 | ▲ 99.9% |
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 293 days late
2024
31-12
Financial
Back to profitnet €56,189
Net result €56,189 after 2 loss-making years.
2023
31-12
Financial
Weakest financial yearnet -€21,985
Net result drops to -€21,985, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 8.00
Current ratio from 1.29 to 8.00; short-term debt falls from €103,273 to €35,633.
11-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2016
21-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 113 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2013
Ground area
125 m²
Building footprint
125 m²
Volume, LiDAR
1,404 m³
Parcel 11312A0080/00W009, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SANCENTRAL
since 20132.224.509.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11312A0080/00W009 | Flanders | 125 m² | 1 · 125 m² | 14.1 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.
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Of 7,043 companies in sector 43221 we hold annual accounts for 3,480. 2,774 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0536164629
Also
9925:BE0536164629
Registered
10-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.