Financials
- Fiscal year
- 2025
- Total assets
- €1.0m
- Loss
- -€15,935
- Solvency
- -100.8%
Total assets▲ 4.5%
Net result
20192025
SANDERSON
ActiveSummary
SANDERSON has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€15,935. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 9% of 20110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811NACE 45113
1 site
Size
€1.0mtotal assets 2025
- Equity
- -€1.1m
- Loss
- -€15,935
Turnover not published (abridged schema)
Structure
Accounts filed 2 d late0 of 10 deeds read
Why 53Capped at 59: negative equity- Liquidity: current ratio 0.95, cash €52, halved- Negative equity -€1.1m+ Size: total assets €1.0m+ Founded in 1998Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 16% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -100.8% of total assets
Liquidity
0=
short-term debt 105.5% · cash 0.0%
Profitability
17=
return on assets -1.5%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 17 months
06-2025: 0.5%lowest value
07-2025: 0.5%● 0.0% vs 06-2025lowest value
08-2025: 0.6%▲ +2.9% vs 07-2025
09-2025: 0.6%▼ -2.5% vs 08-2025
10-2025: 0.6%▲ +0.4% vs 09-2025
11-2025: 0.6%▲ +12.7% vs 10-2025
12-2025: 0.6%▼ -7.4% vs 11-2025
01-2026: 0.7%▲ +21.7% vs 12-2025
02-2026: 1.0%▲ +46.9% vs 01-2026
03-2026: 1.2%▲ +21.1% vs 02-2026highest value
04-2026: 1.2%● 0.0% vs 03-2026highest value
05-2026: 1.2%● 0.0% vs 04-2026highest value
06-2026: 1.2%▼ -0.2% vs 05-2026
07-2026: 1.2%● 0.0% vs 06-2026
08-2026: 1.2%● 0.0% vs 07-2026
09-2026: 1.2%▼ -2.2% vs 08-2026
10-2026: 1.2%● 0.0% vs 09-2026
- Liquidity: current ratio 0.95, cash €52, halved raises the probability
- Negative equity -€1.1m raises the probability
- Size: total assets €1.0m lowers the probability for this profile
- Founded in 1998 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.95 against 0.96 in 2024; short-term debt: 105.5% and cash: 0% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 6%, liquidity 1%, profitability 20%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€1.1m
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 10 filingsDeviation from the deadline
2025
2 d late
2024
13 d late
2023
on the day
2022
10 d late
2021
4 d early
2020
44 d early
2019
16 d early
← 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 6 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 2 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2017
- Next accounts
- by 31-01-2027
- 02-02-2026Annual accounts filed
- 13-02-2025Annual accounts filed
- 31-01-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Retail sale of cars and light vans (up…NACE 47811
- Founded
- 20-01-1998
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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