SANCHELEC

Active

Private limited company (pre-2019)founded 200916 yrs activeDokter Kubornstraat 31, 1070 Anderlecht, BelgiumKBO/BCE: BE 0821.174.086

The computed 12-month bankruptcy probability of SANCHELEC is 1.6% (moderate). The 2024 annual accounts show equity of €2k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 26043 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability46▼-23

Solvency30▲+3

Growth32=

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.92 against 0.84 in 2023; short-term debt: 95.1% and cash: 26.9% of total assets), and 95.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

4.9%

Return on assets

3.3%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

on the day

2023

122 d late

2022

31 d late

2021

61 d late

2020

152 d late

2019

90 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€50k

EBIT margin

6.0%

Net result

€2k▼ 41.4%

2023 · €3k

2018: €15k 2019: €-13k 2020: €-9k 2021: €5k 2022: €3k 2023: €3k

2018 → 2024

Working capital

€-4k▲ 31.0%

2023 · €-5k

2018: €11k 2019: €-3k 2020: €-19k 2021: €-12k 2022: €-9k 2023: €-5k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€50k

Equity€-10k-€-5k▲ 52.3%€-2k▲ 59.2%€799€2k▲ 208%

Operating result€-13k-€6k€3k▼ 47.6%€3k▼ 3.7%€-637

Net result€-9k-€5k€3k▼ 46.1%€3k▼ 3.9%€2k▼ 41.4%

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 2024: a loss of €637 after €3k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €50k

12.3%

87.7%

Fixed assets €6k=

Current assets €44k▲ 56.2%

Equity and liabilities €50k

95.1%

Equity €2k▲ 208%

Debt €48k▲ 42.2%

The debt ratio falls from 97.7% to 95.1%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

Solvency

4.9%▲

2023 · 2.3%

Current ratio

0.92▲

2023 · 0.84

Quick ratio

0.69▼

2023 · 0.84

Debt / equity

19.31

ROE

67.5%

ROA

3.3%▼

2023 · 8.3%

Debt

€48k▲

2023 · €33k

Debt ≤ 1 year

€48k▲

2023 · €33k

Income taxes

€-2k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€34k€50k▲

Fixed assets21/28€6k€6k=

Financial fixed assets28€6k€6k=

Current assets29/58€28k€44k▲

Stocks and contracts in progress3-€11k

Stocks30/36-€11k

Amounts receivable within one year40/41€8k€19k▲

Trade receivables40€4k€13k▲

Other amounts receivable41€4k€6k▲

Cash at bank and in hand54/58€20k€13k▼

Deferred charges and accrued income490/1€12€12=

Equity and liabilities

Total equity and liabilities10/49€34k€50k▲

Equity10/15€799€2k▲

Contributions10/11€11k€11k=

Reserves13€400€400=

Non-distributable reserves130/1€400€400=

Reserves not available under the articles1311€400€400=

Profit (loss) carried forward14€-10k€-8k▲

Amounts payable17/49€33k€48k▲

Amounts payable within one year42/48€33k€48k▲

Trade debts44€7k€18k▲

Suppliers440/4€7k€18k▲

Taxes, remuneration and social security45€2k€6k▲

Taxes450/3€2k-

Remuneration and social security454/9-€6k

Other amounts payable47/48€24k€23k▼

Income statement Code20232024

Turnover70€50k-

Goods, raw materials, services and sundry goods60/61€47k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€507-

Other operating charges640/8€136€1k▲

Gross operating margin9900€4k€391▼

Operating profit (loss)9901€3k€-637▼

Financial income75/76B-€0

Recurring financial income75-€0

Financial charges65/66B€176€79▼

Recurring financial charges65€176€79▼

Profit (loss) for the period before taxes9903€3k€-716▼

Income taxes67/77-€-2k

Profit (loss) for the period9904€3k€2k▼

Profit (loss) for the period to be appropriated9905€3k€2k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-10k€-8k▲

Profit (loss) brought forward from the previous period14P€-13k€-10k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 122 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

31-12

Financial Back to profitnet €5k

Net result €5k after 2 loss-making years.

30-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 152 days late

2020

29-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 90 days late

2019

31-12

Financial Weakest financial yearnet €-13k ▼189%

Net result drops to €-13k, the lowest in the series; recovery starts the following year.

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

28-12

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 150 days late

2017

29-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 60 days late

2016

17-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 17 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Anderlecht · 1 establishment unit since 2010

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Dokter Kubornstraat 311070 Anderlecht

Ground area

1.2 ha

Building footprint

6,820 m²

Volume, LiDAR

75,723 m³

2 parcels, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

SANCHELEC

Manufacture of metal structures and parts of structures

since 20102.184.225.808

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21815D0297/00G004	Brussels	8,221 m²	1 · 5,857 m²	15.0 m · 3 fl.
21305C0319/00E004	Brussels	3,755 m²	1 · 963 m²	18.3 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Oud-Turnhout · Eq €3k

Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 300 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded07-12-2009

Fiscal year end31-12

Activities, NACEBEL

47551Retail sale of household furniture

47591Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.