SANFE CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of SANFE CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €11k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 2147 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+94
Solvency16▲+6
Growth32=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.66 in 2024), and 87.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2147 sector peers (2025).
NBB · sector comparisonPosition among 2147 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
15 d late
2023
31 d late
2022
28 d late
2021
36 d late
2020
59 d late
2019
153 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k
2024 · €-63k
2018: €6k
2019: €-19k
2020: €11k
2021: €24k
2022: €19k
2023: €3k
2024: €-63k
2018 → 2025
Working capital
€-12k▲ 62.7%
2024 · €-32k
2018: €27k
2019: €12k
2020: €22k
2021: €9k
2022: €-5k
2023: €11k
2024: €-32k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€69k▲ 37.8%€72k▲ 4.6%€9k▼ 87.1%€11k▲ 23.2%
Operating result€29k-€29k▼ 1.1%€6k▼ 78.5%€-61k€4k
Net result€24k-€19k▼ 22.7%€3k▼ 83.3%€-63k€2k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €61k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€23k▼ 44.0%
Current assets
€68k▲ 7.7%
Equity and liabilities €92k
Equity
€11k▲ 23.2%
Debt
€80k▼ 16.4%
The debt ratio falls from 91.2% to 87.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€25k▲
2024 · €-39k
Cash flow
€23k▲
2024 · €-41k
Solvency
12.5%▲
2024 · 8.8%
Current ratio
0.85▲
2024 · 0.66
Quick ratio
0.85▲
2024 · 0.66
Debt / equity
7.02▼
2024 · 10.34
ROE
18.9%▲
2024 · -678.0%
ROA
2.4%▲
2024 · -59.8%
Interest coverage
156.87▲
2024 · -304.55
Debt
€80k▼
2024 · €96k
Debt ≤ 1 year
€80k▼
2024 · €96k
Income taxes
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€105k€92k▼
Fixed assets21/28€42k€23k▼
Tangible fixed assets22/27€42k€23k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€39k€21k▼
Current assets29/58€63k€68k▲
Amounts receivable within one year40/41€60k€64k▲
Trade receivables40€59k€57k▼
Other amounts receivable41€860€7k▲
Cash at bank and in hand54/58€124€198▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€105k€92k▼
Equity10/15€9k€11k▲
Contributions10/11€7k€7k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€413€3k▲
Amounts payable17/49€96k€80k▼
Amounts payable within one year42/48€96k€80k▼
Financial debts43-€5
Credit institutions430/8-€5
Trade debts44€25k€9k▼
Suppliers440/4€25k€9k▼
Taxes, remuneration and social security45€6k€950▼
Taxes450/3€4k€950▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€64k€70k▲
Accrued charges and deferred income492/3€334-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€21k▼
Other operating charges640/8€26k€25k▼
Gross operating margin9900€-13k€50k▲
Operating profit (loss)9901€-61k€4k▲
Financial income75/76B€2€1▼
Recurring financial income75€2€1▼
Financial charges65/66B€128€159▲
Recurring financial charges65€128€159▲
Profit (loss) for the period before taxes9903€-61k€4k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€-63k€2k▲
Profit (loss) for the period to be appropriated9905€-63k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€413€3k▲
Profit (loss) brought forward from the previous period14P€63k€413▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 15 days late
2024
31-12
Financial
Weakest financial yearnet €-63k ▼2089%
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 36 days late
2021
31-12
Financial
Highest result since 2018net €24k ▲123%
Operating result €29k, net result €24k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Paul Hymanslaan 221200 Sint-Lambrechts-WoluweGround area
223 m²
Building footprint
101 m²
Volume, LiDAR
1,040 m³
Parcel 21672C0039/00Y010, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SANFE CONSTRUCT
since 20162.255.722.528
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21672C0039/00Y010 | Brussels | 223 m² | 1 · 101 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Filta
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N-Company
BE 0768.468.345
Bilzen-Hoeselt · Eq €10k
ION COMPANY
BE 0774.944.876
Kraainem · Eq €10k
A.L. Concepts
BE 1025.677.604
Kruisem · Eq €13k
Of 333 companies in sector 41002 we hold annual accounts for 132. 73 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2016
Fiscal year end31-12
Abbreviation FR
SANFE
Activities, NACEBEL
41002Construction of residential and non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.