SANDER
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €210,000 and €570,000.
Balance sheet
balance sheet total €652,605 on 31-12-2025in euro
in euro
Position in the sector
52.6%
Higher than 67% of 22,909 companies in 2025.
2.01
Higher than 64% of 22,039 companies in 2025.
-0.7%
Higher than 31% of 22,189 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
652,605 | 712,733 | 712,733 | 741,486 | 710,591 | 633,768 | |
21/28 |
30,546 | 20,295 | 20,295 | 11,697 | 14,159 | 432 | |
22/27 |
30,114 | 19,863 | 19,863 | 11,265 | 13,727 | - | |
22 |
7,952 | 10,405 | 10,405 | 5,152 | 5,779 | - | |
23 |
6,322 | - | - | - | - | - | |
24 |
15,839 | 9,458 | 9,458 | 6,113 | 7,948 | - | |
28 |
432 | 432 | 432 | 432 | 432 | 432 | |
29/58 |
622,059 | 692,438 | 692,438 | 729,789 | 696,432 | 633,336 | |
3 |
494,651 | 526,256 | 526,256 | 526,256 | 521,005 | 420,880 | |
30/36 |
494,651 | 526,256 | 526,256 | 526,256 | 521,005 | 420,880 | |
40/41 |
20,120 | 43,889 | 43,889 | 33,101 | 38,652 | 68,171 | |
40 |
7,525 | 27,202 | 27,202 | 17,037 | 14,751 | 59,895 | |
41 |
12,595 | 16,687 | 16,687 | 16,064 | 23,901 | 8,276 | |
54/58 |
103,550 | 121,675 | 121,675 | 170,432 | 136,775 | 144,285 | |
490/1 |
3,738 | 618 | 618 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
652,605 | 712,733 | 712,733 | 741,486 | 710,591 | 633,768 | |
10/15 |
343,262 | 330,841 | 330,841 | 325,999 | 278,605 | 199,769 | |
10/11 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
11 |
- | - | - | - | - | 150,000 | |
1100/10 |
- | - | - | - | - | 150,000 | |
13 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | |
133 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | |
14 |
163,262 | 150,841 | 150,841 | 145,999 | 98,605 | 19,769 | |
17/49 |
309,343 | 381,892 | 381,892 | 415,488 | 431,986 | 433,999 | |
17 |
544 | - | - | - | - | - | |
170/4 |
544 | - | - | - | - | - | |
42/48 |
308,799 | 381,892 | 381,892 | 415,488 | 431,986 | 401,673 | |
42 |
3,179 | - | - | 8,375 | 8,366 | - | |
44 |
21,174 | 41,962 | 41,962 | 67,437 | 73,491 | 61,736 | |
440/4 |
21,174 | 41,962 | 41,962 | 67,437 | 73,491 | 61,736 | |
45 |
33,559 | 44,384 | 44,384 | 44,130 | 45,821 | 13,570 | |
450/3 |
29,704 | 31,758 | 31,758 | 32,775 | 33,416 | - | |
454/9 |
3,855 | 12,625 | 12,625 | 11,354 | 12,405 | 13,570 | |
47/48 |
250,887 | 295,546 | 295,546 | 295,546 | 304,308 | 326,367 | |
492/3 |
- | - | - | - | - | 32,326 | |
| Income statement | |||||||
9900 |
100,665 | 90,672 | 90,672 | 144,690 | 159,835 | 106,851 | |
62 |
69,370 | 71,508 | 71,508 | 52,598 | 57,442 | 33,449 | |
630 |
10,380 | - | 2,650 | 2,461 | 1,713 | - | |
640/8 |
5,016 | 2,016 | 2,016 | 2,905 | 1,991 | 8,644 | |
9901 |
15,900 | 17,148 | 14,498 | 86,726 | 98,689 | 64,758 | |
75/76B |
174 | 487 | 487 | - | 2,404 | - | |
75 |
174 | 487 | 487 | - | 2,404 | - | |
65/66B |
5,452 | 4,966 | 4,966 | 8,418 | 7,645 | 3,265 | |
65 |
5,452 | 4,966 | 4,966 | 8,418 | 7,645 | 3,265 | |
9903 |
10,621 | 12,669 | 10,019 | 78,308 | 93,448 | 61,493 | |
67/77 |
15,000 | 5,176 | 5,176 | 30,915 | 14,612 | 11,724 | |
9904 |
-4,379 | 7,493 | 4,842 | 47,393 | 78,836 | 49,769 | |
9905 |
-4,379 | 7,493 | 4,842 | 47,393 | 78,836 | 49,769 | |
| Appropriation of the result | |||||||
9906 |
163,262 | 150,841 | 150,841 | 145,999 | 98,605 | 49,769 | |
14P |
167,641 | 143,348 | 145,999 | 98,605 | 19,769 | - | |
691/2 |
- | - | - | - | - | 30,000 | |
6921 |
- | - | - | - | - | 30,000 | |
| Social balance sheet | |||||||
9087 |
- | - | - | 3 | 3 | 1.7 | |
Hours worked1013 |
- | - | - | 3,241 | 3,027 | 1,930 | |
| Document | |||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00323146 | |
| 31-12-2024 | micro format | 23-09-2025 | 2025-00499283 | |
| 31-12-2023 | micro format | 23-09-2026 | 2026-00521202 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00371755 | |
| 31-12-2021 | micro format | 18-11-2022 | 2022-20527190 | |
| 31-12-2020 | micro format | 12-10-2021 | 2021-71800243 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 26,279 | - | 17,148 | 89,187 | 100,402 | - | ||
| 6,001 | - | 7,493 | 49,854 | 80,549 | - | ||
| 23,531 | - | 11,248 | -0 | 15,440 | 432 | ||
| -18,125 | 0 | -48,757 | 33,657 | -7,510 | - | ||
| 313,260 | 310,546 | 310,546 | 314,301 | 264,446 | 231,663 | ||
| 52.6% | 46.4% | 46.4% | 44.0% | 39.2% | 31.5% | ||
| 2.01 | 1.81 | 1.81 | 1.76 | 1.61 | 1.58 | ||
| 0.41 | 0.44 | 0.44 | 0.49 | 0.41 | 0.53 | ||
| 0.90 | 1.15 | 1.15 | 1.27 | 1.55 | 2.17 | ||
| -1.3% | 2.3% | 1.5% | 14.5% | 28.3% | 24.9% | ||
| -0.7% | 1.1% | 0.7% | 6.4% | 11.1% | 7.9% | ||
| 4.82 | - | 3.45 | 10.59 | 13.13 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 3 |
| part-time | 3 | 3 |
| in full-time equivalents | 1.8 | 1.8 |
| - | 1.8 | |
| On a permanent contract | 2 | 2 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €23,531 | - | €11,248 | - | €15,440 |
| €10,380 | - | €2,650 | €2,461 | €1,713 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SANDER
The operating result for 2025 is 7% lower than in 2024.
Debt's share of the balance-sheet total falls from 53.6% to 47.4%. Equity is higher and debt is lower.