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Sanderus

Active Public limited companyfounded 1968active for 58 yearsRonseweg 65, 9700 OudenaardeKBO/BCE: BE 0400.245.952 subsidiary of Lode Van den Abeele
Sanderus
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Overview

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €2.9m (2025)
€2.9m▲ 0.3%
peak €620,964 (2019)
€339,854▲ 20.2%
peak €3.5m (2017)
€2.5m▲ 6.6%
€1.3m▲ 0.7%
peak 33.9 FTE (2007)
29.1 FTEunchanged
Board5 names since 2019
1 directorLode Van den Abeele
Owners2 names in the annual accounts
  
Documentsfilings and deeds
29-10-202690 days late
2025financial year
Dividend €185,000Cash from €614,797 to €971,222

Key points

from the 2025 annual accounts

Equity

€2.5m ▲ 6.6%

Sanderus has made a profit in every financial year since 2006.

Turnover

≈ €5.0m estimated

The accounts state no turnover.

Investments

€948,851 3.7 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

31 employees on 31-12-2025
202021022022242023112025

In 2025, 1 person joined and 1 left.

Filings

49 annual accounts 90 days
AprilJune31 JulyOctober1980199520102025

Latest accounts filed late: after the legal deadline.

Position in the sector

€2.9m

Higher gross margin than 95% of companies in printing. Sector median €364,561 · 143 companies.

Checked score

98
Excellent
Financially stronger than 81% of small companies in printing (NACE 18)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 136 companies (NACE 18, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.2 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

90+1equity 65.4% of total assets
72+10short-term debt 26.3% · cash 25.5%
80+2return on assets 8.9%

Score breakdown

raises risk
Last filed accounts filed 90 days late; 3 of the last 3 accounts late
lowers risk
Founded in 1968
Liquidity: current ratio 2.60, cash €971,222
Equity €2.5m (65.4% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 18, small). It does better than 81% of them on solvency, 90% on liquidity, 81% on profitability and 72% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as Sanderus has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Sanderus itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for Sanderus. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €240,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.6 (2.57 in 2024), above the usual 1.5. Short-term debt is 26.3% and cash 25.5% of total assets. 34.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 90 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 2.60, cash €971,222
NBB · annual accounts
lowers risk · Equity €2.5m (65.4% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.5m
raises risk · 2025 accounts filed 90 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-10-2026, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
90 days late
2024
68 days late
2023
58 days late
2022
7 days early
2021
68 days late
2020
30 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 57 days after the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LV
Lode Van den Abeele
Director, since 01-08-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0400245952
Environmental permit granted Nieuwbouw of aanleggen, Slopen van niet vrijstaande gebouwen of constructies · Oudenaarde
1 director resigning Change of role: LODE VAN DEN ABEELE, from managing director to sole director · Resignation: VANDENABEELE Machteld (managing director) · Permanent representative: VANDENABEELE Lode · Gazette deed
Merger: Sanderus takes over Vandenabeele Management Issue of 246 shares · Cancellation of 214 shares · Change of role: VANDENABEELE Machteld, from director to managing director · General meeting of 07-08-2019 · Gazette deed
All 59 events

Comparable companies

same main activity, similar in size and age
Company
Sanderus Oudenaarde €3.8m €2.9m 65.4% 29.1
Drukkerij Albert Beeckmans-Coulon & Cie Ninove €3.0m €2.4m 51.6% 23.3
DRUKSERVICE IMPRESSA Herentals €4.1m €2.8m 47.7% 31.7
ICR GROUP IMPRIMERIES Tournai €3.2m €2.1m -3.3% 29.5
DRUKKERIJ BREDERO Merelbeke-Melle €3.3m €5.3m 60.9% 43.2
CONTI LABEL PAUWELS Eeklo €4.8m €2.6m 38.5% 23.3
VERSTRAETE GRAPHICS Diksmuide €5.0m €2.2m 24.5% 19

These companies have the same main activity as Sanderus: other printing (NACE 18120). They are comparable in size and age: total assets between €3m and €5m, founded between 1971 and 1986.

Official details

Source: KBO
Status
ActiveNormal situation
Activity
Other printingNACE 18120
Joint committees
200Auxiliary committee for white-collar workers
130Printing, graphic arts and newspapers · annual accounts 2025
Establishment unit
2.002.890.9399700 Oudenaarde, since 01-09-1959
Financial year end
31 December
Peppol
Reachable since 22-09-2025
Company details

Annual accounts 2025

€2.9m▲ 0.3%
€339,854▲ 20.2%
€2.5m▲ 6.6%
€3.8m▲ 4.5%
Employeeson 31-12-2025
31=
Filing
Filed on 29-10-2026
Financials

Insights on Sanderus

Sanderus has existed since 1968. The gross margin grew from €2.3m in 2006 to €2.9m in 2025.

Lode Van den Abeele holds 62.91% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 29-10-2026, 90 days late
€2.9m
▲ 0.3%
€457,228
▲ 28.4%
€339,854
▲ 20.2%
€1.6m
▲ 14.7%
65.4%
▲ 1.3 percentage points
2.60
▲ 0.03

The turnover shown is an estimate from the gross margin.

Turnover ≈ €5.0m. Estimated: probably between €3.4m and €8.3m.

Balance sheet

balance sheet total €3.8m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

65.4%

Higher than 72% of 206 companies in 2025.

2.60

Higher than 71% of 201 companies in 2025.

8.9%

Higher than 79% of 204 companies in 2025.

Sanderus Middle half of the sector 80% of the sector Full accounts in printing (NACE 18)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half

Staff

€75,411

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 3.8m3.6m3.8m4.2m4.4m4.3m4.9m3.2m4.3m4.0m3.9m3.7m4.1m4.2m4.4m3.6m3.8m3.6m3.8m3.9m
21/28 1.2m1.3m1.6m1.8m1.9m1.8m1.9m1.3m1.4m1.7m1.8m2.0m2.4m2.4m2.7m2.0m2.2m1.9m2.1m2.0m
21 21,85213,81313,6376,652----------------
22/27 1.2m1.3m1.6m1.8m1.9m1.8m1.9m1.3m1.4m1.7m1.8m2.0m2.4m2.4m2.7m2.0m2.2m1.9m2.1m2.0m
22 946,6901.1m1.2m1.3m1.2m1.2m1.0m949,2811.1m1.2m1.3m1.5m1.6m1.8m1.9m1.0m1.1m1.2m1.3m1.4m
23 109,980147,925134,769177,211180,790148,981188,289126,500191,875263,370459,536331,301498,845358,671311,823373,740325,994364,508353,414460,889
24 117,37686,474100,57428,56118,73625,03834,76841,9477,10218,90129,80842,01238,09219,01631,64316,26053,60171,97420,86026,415
25 016,182169,098322,015474,932-608,334-------------
26 -------159,694-----20,88640,371-----
28 3737373737373737373737373737373737373737
29/58 2.6m2.3m2.2m2.3m2.5m2.4m3.0m1.9m2.9m2.4m2.1m1.7m1.8m1.8m1.6m1.6m1.6m1.7m1.7m1.9m
3 372,708364,631407,776454,104343,021341,551330,684363,672285,336202,780223,764264,455231,628222,354193,356235,010211,129205,289163,658174,047
30/36 372,708364,631407,776454,104343,021334,182330,684363,672265,317182,467192,841233,972176,810180,415176,235235,010160,270148,380136,225123,270
37 ----07,370--20,01920,31330,92330,48354,81841,93917,121-50,85956,90927,43350,777
40/41 742,951789,691795,904839,118798,596762,155833,208777,362738,837792,271777,860759,439595,332711,012684,517806,373760,387836,136802,256860,185
40 742,951773,637779,850830,408798,596762,155805,027770,791705,233758,136740,588726,473562,743679,055645,822762,593723,599759,344747,349860,185
41 016,05416,0548,710-028,1816,57033,60434,13637,27232,96632,58931,95638,69543,78136,78876,79254,907-
50/53 512,967512,967110,968110,000210,000250,000250,000-1.2m1.1m851,793623,425750,537647,921509,687312,852398,455460,000521,400353,000
54/58 971,222614,797844,843901,8911.2m1.1m1.6m751,715657,935230,599204,32095,447193,562190,460196,058209,224126,032217,887247,824446,767
490/1 9,94510,6488,04016,78723,17415,6387,6388578341,5923,717347805-40,7027,192100,1751753,88032,547
Balance sheet: equity and liabilities
10/49 3.8m3.6m3.8m4.2m4.4m4.3m4.9m3.2m4.3m4.0m3.9m3.7m4.1m4.2m4.4m3.6m3.8m3.6m3.8m3.9m
10/15 2.5m2.3m2.2m2.1m1.9m2.1m3.3m2.3m3.5m3.1m2.8m2.7m2.8m3.0m3.5m2.1m2.0m1.8m1.7m2.0m
10/11 124,000124,000124,000124,000124,000124,000-62,0001.6m1.6m1.6m1.6m1.6m62,00062,00062,00062,00062,00062,00062,000
10 124,000124,000124,000124,000124,000-124,000-------------
100 124,000124,000124,000124,000124,000124,000124,00062,0001.6m1.6m1.6m1.6m1.6m62,00062,00062,00062,00062,00062,00062,000
12 180,099238,409296,719355,029413,339471,649529,959588,269646,579704,889763,199821,509879,819938,1291.1m-----
13 2.2m2.0m1.7m1.7m1.4m1.6m2.6m1.7m1.2m760,762401,054279,971296,6442.0m2.3m2.0m1.9m1.7m1.6m1.9m
130/1 12,40012,40012,40012,40012,40012,400--------------
130 12,40012,40012,40012,40012,40012,40012,40081,16181,16160,28644,73627,11819,1296,2006,2006,2006,2006,2006,2006,200
132 763,401705,091--093,56393,563448,794398,201349,490120,477130,075276,854263,142158,869168,467178,066187,674197,376207,359
133 1.4m1.3m1.7m1.7m1.4m1.4m2.5m1.2m747,613350,986235,841122,7786601.7m2.2m1.8m1.7m1.5m1.4m1.7m
14 00000---------------
15 ----01,2113,2035,1957,1869,17811,17013,16215,15417,14619,13721,26424,66228,46935,48145,548
16 --------5,18111,62618,07024,51430,95837,40343,84750,29156,73563,18669,70076,361
168 --------5,18111,62618,07024,51430,95837,40343,84750,29156,73563,18669,70076,361
17/49 1.3m1.3m1.7m2.0m2.5m2.1m1.6m821,232821,822945,6061.1m1.0m1.3m1.2m867,2641.5m1.8m1.7m2.0m1.8m
17 314,846416,948562,136799,1261.1m1.2m754,26065,115100,167120,50072,698149,412214,539138,467266,307457,936701,195464,062735,483750,886
170/4 314,846416,948562,136799,1261.1m1.2m754,26065,115100,167120,50072,698149,412214,539138,467266,307457,936701,195464,062735,483750,886
42/48 1.0m891,1091.1m1.2m1.4m924,186814,674741,117716,742808,7041.0m851,8581.1m1.0m600,957985,8121.1m1.3m1.3m906,796
42 100,852145,188236,990254,812262,647259,931158,13935,10249,41592,41456,83965,035163,726104,140190,917243,259289,567393,521--
43 ---------------7,53825,000-417,237233,989
430/8 ---------------7,53825,000-417,237233,989
44 299,766276,392445,734429,265273,651171,828292,976351,774363,301331,855292,980164,624232,173172,413245,233255,407225,981301,213275,487273,063
440/4 299,766276,392445,734429,265273,651171,828292,976351,774363,301331,855292,980164,624232,173172,413245,233255,407225,981301,213275,487273,063
46 -----------1,5029,0547601,1779665029442,002565
45 413,541366,812308,900388,381447,157394,993355,151353,512303,860384,436401,251394,051310,803354,488162,316175,348262,588247,728195,392337,705
450/3 116,79980,04933,297159,786172,21283,343101,486166,204119,153202,450220,363226,520135,545187,7825,5833,90363,13950,8927,340157,799
454/9 296,742286,763275,603228,595274,945311,650253,665187,307184,708181,986180,888167,531175,258166,705156,732171,445199,450196,836188,052179,906
47/48 188,600102,718102,196136,027450,41697,4358,408730166-280,413226,646397,665402,6131,313303,294275,456330,586380,12461,474
492/3 ----04,015-15,0004,91316,4024,9134,913---6,5007,9338,3288,723186,200
Income statement
76A -----0---30------2,532---
9900 2.9m2.9m2.8m2.8m2.8m2.9m2.8m2.3m2.4m2.3m2.4m2.1m2.3m2.2m2.2m2.5m2.6m2.5m2.4m2.3m
62 2.2m2.1m2.2m2.1m2.0m2.0m1.8m1.4m1.5m1.4m1.4m1.4m1.4m1.3m1.3m1.5m1.5m1.5m1.5m1.4m
630 255,008392,681394,283379,219334,272291,579336,975233,935319,088387,651412,703437,719458,896404,970409,125368,989387,777311,230366,075358,866
631/4 ----08,500--23,669-----------
635/8 ---------------5,664----
640/8 21,75621,12621,08019,08518,72118,97519,80818,22919,39617,43821,89418,71416,93517,09518,51633,39714,02183,93636,94414,616
66A 05,471-091,4740--------------
9901 457,228356,070144,123292,950336,030505,493628,677589,421631,516460,418531,008202,720359,198484,610479,426618,526701,419572,054511,734493,411
75/76B 39,12236,41932,18935,16332,59636,746184,82031,46430,25129,92230,85431,32432,35233,99630,40634,17449,92748,11050,99746,090
75 39,12236,41932,18935,16332,59636,746138,82031,46430,25129,89230,85431,32432,35233,99630,40634,17449,92748,11050,99746,090
76B -----046,000--30----------
65/66B 7,18610,62110,22514,03915,30019,10534,9395,2165,2476,4075,88312,32717,19423,35333,71346,53067,25852,23556,73855,214
65 7,18610,62110,22514,03915,30019,10528,1885,2165,2476,4075,88312,32717,19423,35333,71346,53067,25852,23556,73855,214
66B -----06,751-------------
9903 489,164381,869166,086314,074353,325523,135778,558615,668656,521483,932555,979221,717374,356495,253476,120606,170686,619567,929505,993484,287
67/77 149,31099,13264,36181,290100,451152,338157,594211,731255,061188,978219,65077,995131,810168,894168,894197,965216,960180,389159,017154,639
9904 339,854282,738101,725232,784252,874370,797620,964409,118407,904301,398342,773150,167248,990332,802313,670414,649476,111397,242353,637337,863
789 ---093,563--7,7179,5989,5989,5989,5989,5989,5989,5989,5989,6086,5149,98412,143
9905 339,854282,738101,725232,784346,437370,797620,964416,835417,502310,996352,371159,765258,588342,401323,268424,247485,719403,756363,621350,006
Appropriation of the result
9906 339,854282,738101,725232,784346,437370,797620,964416,835417,502310,996352,371159,765258,588342,401323,268424,247485,719403,756363,621350,006
791/2 ---0335,0001.5m-----73,5001.7m460,399----585,000-
691/2 154,854182,7381,725232,784196,437370,797620,964416,835417,502310,99672,3718,11513,588-323,268122,747184,219102,256363,621150,026
6920 -01,725-----20,87515,55017,6197,98812,929-------
6921 154,854182,7380232,784196,437370,797620,964416,835396,627295,44654,753127659-323,268122,747184,219102,256363,621150,026
694/7 185,000100,000100,0000485,0001.5m----280,000225,1502.0m802,800-301,500301,500301,500585,000199,980
694 185,000100,000100,0000485,0001.5m----280,000225,1502.0m802,800-301,500301,500301,500585,000199,980
Social balance sheet
9087 29.129.130.430.931.431.126.325.425.926.426.9262624.526.230.330.932.733.932.7
Hours worked1013 45,96747,20747,84949,9905150,562-38,36740,87840,76442,21640,57841,34539,31840,49046,59947,92247,73151,82649,566
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 29 older financial years (1977-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 23 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 29-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00571800.

Financial year Type Filed Reference Document
31-12-2025 full format 29-10-2026 2026-00571800 PDF
31-12-2024 abbreviated format 07-10-2025 2025-00533016 PDF
31-12-2023 abbreviated format 27-09-2024 2024-00475153 PDF
31-12-2022 abbreviated format 24-07-2023 2023-00262371 PDF
31-12-2021 abbreviated format 07-10-2022 2022-20453927 PDF
31-12-2020 abbreviated format 30-08-2021 2021-57800234 PDF
31-12-2019 abbreviated format 30-10-2020 2020-66000327 PDF
31-12-2018 abbreviated format 15-07-2019 2019-33100086 PDF
31-12-2017 abbreviated format 26-07-2018 2018-38600549 PDF
31-12-2016 abbreviated format 30-06-2017 2017-26000262 PDF
31-12-2015 abbreviated format 23-05-2016 2016-12900513 PDF
31-12-2014 abbreviated format 23-06-2015 2015-22100512 PDF
31-12-2013 abbreviated format 03-07-2014 2014-26100080 PDF
31-12-2012 abbreviated format 12-07-2013 2013-30400369 PDF
31-12-2011 abbreviated format 12-11-2012 2012-63600253 PDF
31-12-2010 abbreviated format 24-06-2011 2011-21100015 PDF
31-12-2009 abbreviated format 25-06-2010 2010-21500455 PDF
31-12-2008 abbreviated format 09-07-2009 2009-39300256 PDF
31-12-2007 abbreviated format 26-06-2008 2008-29100056 PDF
31-12-2006 abbreviated format 27-07-2007 2007-49300372 PDF
31-12-2005 abbreviated format 22-05-2006 2006-15804228 PDF
31-12-2004 abbreviated format 04-07-2005 2005-41500121 PDF
31-12-2003 abbreviated format 28-06-2004 2004-33804576 PDF
31-12-2002 abbreviated format 22-08-2003 2003-62704405 PDF
31-12-2001 abbreviated format 30-09-2002 2002-60401664 PDF
31-12-2000 abbreviated format 26-11-2001 2001-71404773 PDF
31-12-1999 abbreviated format 07-11-2000 2000-70301266 PDF
31-12-1998 abbreviated format 09-02-2000 2000-03304352 PDF
31-12-1997 abbreviated format 24-11-1998 1998-58802817 PDF
31-12-1996 abbreviated format 09-03-1998 1998-04103570 PDF
31-12-1995 abbreviated format 13-12-1996 1996-53502301 PDF
31-12-1994 abbreviated format 25-09-1995 1995-50504990 PDF
31-12-1993 abbreviated format 13-02-1995 1995-02501635 PDF
31-12-1992 abbreviated format 07-01-1994 1994-00402426 PDF
31-12-1991 abbreviated format 06-10-1992 1992-34304606 PDF
31-12-1990 abbreviated format 21-06-1991 1991-12503931 PDF
31-12-1989 abbreviated format 29-10-1990 1990-27003200 PDF
31-12-1988 abbreviated format 22-12-1989 1989-27601208 PDF
31-12-1987 abbreviated format 19-08-1988 1988-19101333 PDF
31-12-1986 abbreviated format 28-08-1987 1987-20903635 PDF
31-12-1985 abbreviated format 06-08-1986 1986-34000935 PDF
31-12-1984 full format 01-08-1985 1985-28702332 PDF
31-12-1983 unclassified schema 02-07-1984 1984-08601018 PDF
31-12-1982 unclassified schema 08-07-1983 1983-09101641 PDF
31-12-1981 unclassified schema 28-06-1982 1982-07300283 PDF
31-12-1980 unclassified schema 26-06-1981 1981-07001821 PDF
31-12-1979 unclassified schema 24-06-1980 1980-06502507 PDF
31-12-1978 unclassified schema 29-06-1979 1979-07301861 PDF
31-12-1977 unclassified schema 27-06-1978 1978-03301714 PDF

Subsidies and aid

Flemish government 2022 to 2025, 7 entries, €39,198 awarded, €39,671 paid

Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (discontinued)
€29,928
Subsidies voor internationaal ondernemen
€7,000
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€2,270
Year Entries AwardedPaid
2025 1 €340€340
2024 2 -€19,083€30,167
2023 1 €737€1,210
2022 3 €57,204€7,954

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
712,236748,751538,405672,169670,302797,072965,652823,356950,604848,068943,711640,439818,094889,580888,551987,5151.1m883,284877,809852,277
594,863675,419496,008612,003587,146662,376957,939643,053726,992689,049755,476587,886707,886737,773722,795783,638863,888708,472719,712696,729
948,851102,316198,724348,955444,742275,430929,95070,064110,328203,353251,61072,597404,073102,10577,571189,986717,279217,832468,866304,141
356,425-230,046-57,048-262,37095,050-508,315825,81193,780427,33626,279108,873-98,1153,101-5,597-13,16683,191-91,855-29,937-198,943-
1.6m1.4m1.1m1.1m1.1m1.5m2.2m1.2m2.1m1.6m1.0m891,255658,443737,3341.0m584,839517,084445,495468,776959,750
65.4%64.1%56.5%51.7%43.5%50.2%67.8%74.1%80.8%76.2%71.1%72.4%67.2%71.2%79.2%58.3%51.9%50.1%45.4%50.7%
2.602.571.981.921.772.643.682.563.992.942.002.051.591.712.701.591.481.351.372.06
2.232.161.611.551.532.273.282.063.592.691.781.741.381.502.381.351.281.191.241.87
0.530.560.770.931.300.990.480.350.240.310.400.370.480.390.250.690.900.961.160.93
13.7%12.1%4.7%10.8%13.2%17.3%18.8%17.4%11.7%9.8%12.4%5.5%8.9%11.1%9.1%19.8%23.9%21.9%20.4%17.1%
8.9%7.8%2.7%5.6%5.7%8.7%12.8%12.9%9.5%7.5%8.8%4.0%6.0%7.9%7.2%11.5%12.4%11.0%9.3%8.7%
99.1270.5052.6547.8843.81-34.26-------------

EBIT margin: not included in this filing.

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

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date3131313336
full-time2222222323
part-time9991013
in full-time equivalents29.129.129.130.932.4
29.129.130.430.931.4
On a permanent contract3030303234
Joined1-202
Left1-420

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€930,156€97,816€190,064€341,619€444,742
Intangible fixed assets€18,695€4,500€8,660€7,336-
Financial fixed assets€0----
€255,008€392,681€394,283€379,219€334,272

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Sanderus

The operating result for 2025 is 28% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 35.9% to 34.6%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2020
Lode Van den Abeele
Sole director (not named in the articles), permanent representative VANDENABEELE Lode
since 01-08-2019
earlier director, until 09-09-2019
earlier managing director, until 21-01-2020
listed in the 2025 annual accounts, filed on 29-10-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Titel V: Vertegenwoordiging van de vennootschap V. A. Bepalingen van toepassing wanneer de vennootschap bestuurd wordt door een raad van…”
“4. De raad van bestuur mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze…”
Full text

4. De raad van bestuur mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze bijzondere volmachtdragers binnen de grenzen van hun volmacht. V. B. Bepalingen van toepassing wanneer de vennootschap wordt bestuurd door één enkele bestuurder Artikel 22: Vertegenwoordiging van de vennootschap 1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend worden door de enige bestuurder. 2. Binnen de grenzen van het dagelijks bestuur wordt de vennootschap ook in en buiten rechte geldig vertegenwoordigd door de gedelegeerde of gedelegeerden voor dit bestuur die alleen handelen. Hij-zij moet(en) tegenover derden geen bewijs leveren van zijn-haar-hun machten. 3. De enige bestuurder mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze bijzondere volmachtdragers binnen de grenzen van hun volmacht.

deed of 21-01-2020
Permanent representatives 1
VANDENABEELE Lode
Permanent representative, for Lode Van den Abeele
appointed by deed of 21-01-2020

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
Lode Van den Abeele
Sole director (not named in the articles)
VANDENABEELE Lode
Managing director
VANDENABEELE Machteld
Managing director
VANDENABEELE MANAGEMENT
Director
J. Vande Moortel & Co
Statutory auditor
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Lode Van den Abeele
    • Director, from 01-08-2019 to 09-09-2019
    • Sole director (not named in the articles), appointed by deed of 21-01-2020, still in office
    • Managing director, until 21-01-2020
  • VANDENABEELE Lode
    • Director, from 01-08-2019, ended, last mentioned on 09-09-2019
    • Managing director, until 21-01-2020
  • VANDENABEELE Machteld
    • Director, appointed by deed of 09-09-2019, until 09-09-2019
    • Managing director, appointed by deed of 09-09-2019, until 21-01-2020
  • VANDENABEELE MANAGEMENT
    • Director, until 09-09-2019
  • J. Vande Moortel & Co
    • Statutory auditor, appointed by deed of 01-07-2019, until 01-07-2019

See the board, name and registered office on a given date →

Control

Parent
Lode Van den Abeele
Equity €2.7m
Profit €209,311 in 2025 (profit €227,095 in 2024)
Source: accounts Lode Van den Abeele 2025
62.91%
This company
Sanderus
Equity €2.5m
Profit €339,854 in 2025

Capital

Capital
€124,000
Shares
426
Contribution per share
€291
Equity per share
€5,841 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Lode Van den Abeele
14%21%100%
100%
VANDENABEELE MANAGEMENT
54%
54% until 2018
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 21-01-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
Term of at most 6 years

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 09-09-2019 ↗
  • Vandenabeele Management 214 shares
Capital over time
  1. 21-01-2020 Capital stated in the deed · €62,000 · 426 shares
  2. 09-09-2019 Capital stated in the deed · €62,000

Network & group

Group

Lode Van den Abeele has 2 direct subsidiaries (2025 accounts), the bar shows equity in euros
ParentLode Van den Abeele2 holdings, 1 country 2025 accounts

Belgium 2 Equity Result

  • BE Sanderus NV62.91% €2.5m result €339,854
  • BE Screentex BV €190,497 result €27,807

Source: list of holdings in the 2025 accounts of Lode Van den Abeele. Every holding stands with its own latest accounts.

At the same address

Ronseweg 65, 9700 Oudenaarde · 1 other company
SCREENTEX ZEEFDRUK
registered office since 05-10-2009 · founded in 2009
 total assets €278,526 (2025)
0819.250.122

Acquisitions and mergers

1 transaction
Took over:Vandenabeele Management
Gazette deed of 09-09-2019

Connections & network

1 current director
Depth

The network starts from the directors of Sanderus. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

59 events since 1968

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 90 days late
2025
Annual accounts 2024 filed PDFabbreviated format · 68 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0400245952
2024
Annual accounts 2023 filed PDFabbreviated format · 58 days late
2023
Weakest financial year net €101,725 ▼56.3% The net result drops to €101,725, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFabbreviated format · 7 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 68 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 30 days late
2020
Environmental permit granted OmgevingsloketNieuwbouw of aanleggen, Slopen van niet vrijstaande gebouwen of constructies · Oudenaarde
Annual accounts 2019 filed PDFabbreviated format · 91 days late
1 director resigningChange of role: LODE VAN DEN ABEELE, from managing director to sole director · Resignation: VANDENABEELE Machteld (managing director) · Permanent representative: VANDENABEELE Lode11 points ▸

Open the deed in the Belgian Official Gazette

2019
Highest result from 2006 to 2025 net €620,964 ▲51.8% The net result of €620,964 is the highest of those years.
Merger: Sanderus takes over Vandenabeele ManagementIssue of 246 shares · Cancellation of 214 shares · Change of role: VANDENABEELE Machteld, from director to managing director · General meeting of 07-08-201915 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFabbreviated format · 16 days before the deadline
Merger proposal: SANDERUS takes over Vandenabeele ManagementPermanent representatives: Machteld Vandenabeele and Lode Vandenabeele · Appointment: J.Vande Moortel & Co (statutory auditor) · Vandenabeele Management holds 214 shares11 points ▸

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 5 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 31 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 69 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 38 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 28 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 19 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 104 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 37 days before the deadline
2010
Equity above €2m equity €2.1m ▲5.5% Equity rises from €2.0m to €2.1m.
Annual accounts 2009 filed PDFabbreviated format · 36 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 22 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 35 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 4 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
Annual accounts 1993 filed PDFabbreviated format
1994
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1988
Annual accounts 1987 filed PDFabbreviated format
1987
Annual accounts 1986 filed PDFabbreviated format
1986
Annual accounts 1985 filed PDFabbreviated format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
Annual accounts 1981 filed PDFunclassified schema
1981
Annual accounts 1980 filed PDFunclassified schema
1980
Annual accounts 1979 filed PDFunclassified schema
1979
Annual accounts 1978 filed PDFunclassified schema
1978
Annual accounts 1977 filed PDFunclassified schema
1968
Establishment taken over DRUKKERIJ SANDERUS NV, Ronseweg 65, Oudenaarde · in the KBO since 1959
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Sanderus was incorporated on 1 January 1968.1 In 2019 the company absorbed Vandenabeele Management by merger.2 Total assets fell from €4.9m in 2019 to €3.8m in 2025 and headcount from 26.3 to 29.1 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-09-2019
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0400.245.952
VAT number
BE 0400.245.952
Peppol ID
0208:0400245952
Other Peppol ID
9925:BE0400245952
Legal form
Public limited company
Status
Active, normal situation
Founded
01-01-1968
Financial year
ends on 31 December
Peppol
Reachable since 22-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Sanderus in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-01-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 21-01-2020 (in Dutch)

Activities

NACEBEL 2025
VAT activities
18120 Other printing main activity
Social security (RSZ) activities
18120 Other printing main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
JC 130 Printing, graphic arts and newspapers
Codes under NACEBEL 2008
VAT activities
18120 Printing and reproduction of recorded media main activity
Social security (RSZ) activities
18120 Printing and reproduction of recorded media main activity
Codes under NACEBEL 2003
VAT activities
22220 main activity
Social security (RSZ) activities
22220 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle welkdanige verhandelingen,niets uitgezonderd,die rechtstreeks of onrechtstreeks in verband staan met de uitbating van een drukkerij,met…”
5 activities
  1. Alle welkdanige verhandelingen,niets uitgezonderd,die rechtstreeks of onrechtstreeks in verband staan met de uitbating van een drukkerij,met inbegrip van de drukkunst,het drukken onder al zijn vormen,het boekbinden,de lichtdruk,gieterij van lettertekens,de fabrikage van inkten,de handel,de in-en uitvoer van alle machines en artikelen bestemd voor drukkerijen,voor kantoren,voor papierhandels en voor boekbinderijen.
  2. Het verwerven,beheren,instandhouden en valoriseren van onroerend patrimonium met inbegrip van onderhoud,ver-en bebouwen ervan.
  3. Het verwerven en beheren van roerend patrimonium met inbegrip van participaties in vennootschappen.
  4. Het besturen van vennootschappen,het uitoefenen van de functie van bestuurder en vereffenaar in vennootschappen.
  5. Het verlenen van dienstprestaties van economische aard,zowel in eigen beheer als in deelname met derden,onder meer op vlak van technoconsult,engineering,commercieel,fiscaal,financieel en juridisch advies.
deed of 21-01-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
DRUKKERIJ SANDERUS NV registered office Ronseweg 65, 9700 Oudenaarde 01-09-1959 2.002.890.939

Buildings and parcels at the address

Ground area
5,700 m²
Buildings
121 m²
Volume, LiDAR
1,093 m³
Tallest building
12.6 m
Buildings to scale, each on its own parcel
121 m², 12.6 m 121 m², 12.6 m

Environmental permits

1 application in Flanders since 2020 · 1 granted
23-11-2020 Granted Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies submitted 07-09-2020 · project 2020115900 Oudenaarde

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
45507C1593/00P0025,700 m² 1 · 121 m² 12.6 m · 3

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