Turnover
≈ €120,000 estimated
The micro format states no turnover.
SANDROS
Lifetime
2 annual accounts with figures on one time axispeak €28,823 (2025)
€28,823▲ 404%
lowest -€9,976 (2024)
€8,558▲ €18,533
peak €3,582 (2025)
€3,582▲ €8,558
€109,095▼ 25.3%
Board2 names since 2023
1 directorDEPAEPE Boris
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €5,714 to €28,823Back to profit: €8,558Resignation: Mapide (director) 30-05Equity from -€4,976 to €3,582Debts from €146,070 to €109,095Cash from €64,063 to €44,748
Key points
from the 2025 annual accountsDebts
€109,095 97% of the balance sheet
Suppliers 1%Taxes and wages 0%Other 99%
Of this, €108,951 falls due within a year.
Starting capital
€5,000 500 shares
Checked score
66
Healthy
Financially stronger than 58% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.7%
01-2025: 2.6%▼ -0.1 percentage points vs 12-2024
02-2025: 2.6%● unchanged vs 01-2025
03-2025: 2.8%▲ +0.2 percentage points vs 02-2025
04-2025: 2.9%▲ +0.1 percentage points vs 03-2025
05-2025: 2.9%● unchanged vs 04-2025highest value
06-2025: 2.9%● unchanged vs 05-2025highest value
07-2025: 2.9%● unchanged vs 06-2025highest value
08-2025: 1.1%▼ -1.8 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.0%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 1.0%● unchanged vs 01-2026lowest value
03-2026: 1.0%● unchanged vs 02-2026lowest value
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 1.2%● unchanged vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Equity €3,582 (3.2% of total assets)
Sector: Wholesale trade (NACE 46)
lowers risk
Liquidity: current ratio 0.51, cash €44,748
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 46, micro). It does better than 18% of them on solvency, 49% on liquidity, 69% on profitability and 96% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 2,157 companies had the same profile as SANDROS has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SANDROS itself: 1.2% 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.
| 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 2,157 companies, not a prediction for SANDROS. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13805 sector peers (2025).
NBB · sector comparisonPosition among 13805 sector peers
Solvency
better than 21%
← 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 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
14 days early
2024
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 8 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0800582174
Resignation: Mapide (director)
Permanent representative: Pieterjan DESMET · General meeting of 09-01-2025 · Gazette deed
Appointment: MAPIDE (director)
Permanent representative: Pieterjan DESMET · General meeting of 19-06-2023 · Gazette deed
Incorporation
Founding capital of €5,000, 500 shares · Founder: DEPAEPE Boris · Appointment: DEPAEPE Boris (director) · published on 12-04-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SANDROS Sint-Martens-Latem | €112,677 | €28,823 | 3.2% | - |
| OKULUS Lokeren | €102,359 | €23,840 | 62.2% | - |
| PDP Projects Ghent | €112,247 | €39,938 | 85.6% | - |
| AD INVEST & CONSULTING Wevelgem | €93,807 | €30,416 | 85.9% | - |
| FORCE4GOOD Genappe | €95,963 | €34,227 | 12.4% | - |
| BRE Consult Gingelom | €117,485 | €24,835 | 34.2% | - |
| N.F MOTORS Ans | €131,793 | €22,293 | 41.2% | - |
These companies have the same main activity as SANDROS: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €93,800 and €132,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 07-04-2023Normal situation
- Activity
- Agents specialised in the wholesale of other particular productsNACE 46180and 5 others
- Establishment unit
- 2.344.086.2619831 Sint-Martens-Latem, since 07-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 30-09-2025
Annual accounts 2025
- €112,677▼ 20.1%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on SANDROS
SANDROS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,582 and a net result of €8,558.
Its solvency ranks better than 21% of 13,805 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SANDROS
- What is the company number of SANDROS?
- The company number of SANDROS is 0800.582.174. The VAT number is the same number with BE in front: BE 0800.582.174.
- Where is SANDROS based?
- The registered office is at De Heide 3, 9831 Sint-Martens-Latem.Company details
- What does SANDROS do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of SANDROS?
- SANDROS is a private limited company (BV).
- When was SANDROS founded?
- SANDROS was founded on 07-04-2023.
- Is SANDROS still active?
- Yes, SANDROS is an active enterprise in the KBO register.
- What is the turnover of SANDROS?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €28,823 and 38 comparable companies (NACE 461). It probably lies between €79,000 and €320,000.Financials
- Is SANDROS profitable?
- In financial year 2025, SANDROS made a profit of €8,558.
- Where can I find the annual accounts of SANDROS?
- SANDROS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SANDROS due?
- SANDROS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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