Equity
€1,717 ▼ 76.3%
SANEP paid out €75,000 in dividends. That is 108% of the 2025 profit.
SANEP
Lifetime
2 annual accounts with figures on one time axispeak €129,325 (2025)
€129,325▲ 68.7%
peak €69,486 (2025)
€69,486▲ 82.3%
peak €7,231 (2024)
€1,717▼ 76.3%
€178,225▲ 69.0%
Board1 name since 2018
1 directorLOISEAU Geoffrey
Documentsfilings and deeds
25-03-2026128 days before the deadline
2025micro format
Gross margin from €76,670 to €129,325Result from €38,112 to €69,486Dividend €75,000Equity from €7,231 to €1,717Debts from €105,461 to €178,225Cash from €8,975 to €15,712
Key points
from the 2025 annual accountsDebts
€178,225 99% of the balance sheet
Financial debts 9%Suppliers 28%Taxes and wages 2%Other 61%
Of this, €162,056 falls due within a year.
Position in the sector
1.0%
Lower solvency than 90% of companies in specialised construction. Sector median 46.7% · 35,125 companies.
Checked score
65
Healthy
Financially stronger than 28% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.9%highest value
01-2025: 3.9%● unchanged vs 12-2024highest value
02-2025: 3.9%● unchanged vs 01-2025highest value
03-2025: 3.9%● unchanged vs 02-2025highest value
04-2025: 3.9%● unchanged vs 03-2025highest value
05-2025: 3.9%● unchanged vs 04-2025highest value
06-2025: 3.9%● unchanged vs 05-2025highest value
07-2025: 3.9%● unchanged vs 06-2025highest value
08-2025: 1.5%▼ -2.4 percentage points vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.8%▲ +0.3 percentage points vs 03-2026
05-2026: 1.2%▼ -0.6 percentage points vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.2%● unchanged vs 06-2026
08-2026: 1.2%● unchanged vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.0%▼ -0.2 percentage points vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Equity €1,717 (1.0% of total assets)
Founded in 2018
lowers risk
Size: total assets €179,942
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 43, micro). It does better than 9% of them on solvency, 7% on liquidity, 92% on profitability and 5% 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, 2,153 companies had the same profile as SANEP has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
That fits the bankruptcy probability of SANEP itself: 1.0% 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 2,153 companies, not a prediction for SANEP. 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 10% of 35125 sector peers (2025).
NBB · sector comparisonPosition among 35125 sector peers
Solvency
better than 10%
← 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 25-03-2026, 128 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
128 days early
2024
19 days 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 74 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 0208:0703967503
Appointment: LOISEAU Geoffrey (director)
“l’achat,la vente et la location de véhicules mixtes utilitaires et «Oldtimer»” (deed in French) · Registered office clause: rue des Fourches 11, 4122 Neupré · Legal-form conversion: from limited partnership to private limited company · General meeting of 27-03-2024 · Gazette deed
Registered office moved from Engis to Seraing
New registered office: rue de la Verrerie, 41 4100 SERAING · Previous registered office: ROUTE DE YERNEE 264 4480 ENGIS · General meeting of 26-11-2019 · Gazette deed
Incorporation
Founders: LOISEAU Geoffrey (general partner) and LOISEAU Cédric (limited partner) · Founding capital of €1,000, 100 shares · Appointment: LOISEAU Geoffrey (manager) · published on 24-09-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SANEP Neupré | €179,942 | €129,325 | 1.0% | - |
| LINEVIS Tinlot | €183,461 | €131,751 | 1.6% | - |
| ETS OVLAQUE ET FILS Mouscron | €152,026 | €139,080 | 87.2% | - |
| EKOTEC Antwerp | €149,328 | €123,637 | 56.5% | - |
| SUNEXPERT Tessenderlo | €206,821 | €125,353 | 30.4% | - |
| ETABLISSEMENTS DERYCKE Nivelles | €178,139 | €104,001 | 50.5% | - |
| ARTICHAUFFE Lasne | €174,634 | €143,426 | 70.4% | - |
These companies have the same main activity as SANEP: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €149,000 and €207,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 13-09-2018Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 5 others
- Establishment unit
- 2.279.674.2044480 Engis, since 13-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 05-11-2025
Annual accounts 2025
- ≈ €400,000estimated
- €179,942▲ 59.7%
- ≈ 0.3 FTEestimated
- Filing
- Filed on 25-03-2026, 128 days before the end of the filing period
Insights on SANEP
SANEP has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,717 and a net result of €69,486.
Its solvency ranks better than 10% of 35,125 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (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 SANEP
- What is the company number of SANEP?
- The company number of SANEP is 0703.967.503. The VAT number is the same number with BE in front: BE 0703.967.503.
- Where is SANEP based?
- The registered office is at Rue des Fourches 11, 4122 Neupré.Company details
- What does SANEP do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of SANEP?
- SANEP is a private limited company (BV).
- When was SANEP founded?
- SANEP was founded on 13-09-2018.
- Is SANEP still active?
- Yes, SANEP is an active enterprise in the KBO register.
- What is the turnover of SANEP?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €129,325 and 86 comparable companies (NACE 432). It probably lies between €320,000 and €490,000.Financials
- Is SANEP profitable?
- In financial year 2025, SANEP made a profit of €69,486.
- Where can I find the annual accounts of SANEP?
- SANEP filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SANEP due?
- SANEP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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