Financials
- Fiscal year
- 2024
- Total assets
- €1.1m
- Loss
- -€23,162
- Solvency
- 1.8%
Total assets▲ 48.8%
Net result
20212024
Sanghavi
ActiveSummary
The computed 12-month bankruptcy probability of Sanghavi is 1.9% (moderate). The annual accounts of Sanghavi for fiscal year 2024 show a net loss of 54% of the equity at the start of that year. The 2024 annual accounts show equity of €19,589 and a net result of -€23,162. Equity is growing by ~75.8% per year across the filed fiscal years. Its solvency ranks better than 22% of 15861 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Wholesale trade
NACE 46480
1 site
How big
€1.1mtotal assets 2024
- Equity
- €19,589
- Loss
- -€23,162
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 1 deed read
Why 35- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate sector- Weak solvency vs sectorFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability32▼-27
Solvency27▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.02 against 1.06 in 2023; short-term debt: 98.2% and cash: 6.9% of total assets), and 98.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.8%
Return on assets
-2.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 15861 sector peers (2024).
NBB · sector comparisonPosition among 15861 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
177 d late
2022
185 d late
2021
99 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 133 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 6
- Since
- 2022
- 10-10-2025Annual accounts filed
- 24-01-2025Annual accounts filed
- 01-02-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46480
- Founded
- 22-09-2020
- Year ends
- 31-12
- 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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