SANGUISTAR
ActiveSummary
SANGUISTAR has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,087 and a net result of €10,677. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 7201 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+41
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 6.41 against 1.46 in 2024; short-term debt: 15.2% and cash: 37.5% of total assets), and 15.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.4%
Return on assets
39%
Age of the figures
15 mo
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 2025Equity per financial year
2122232425
2021 to 2025 · latest year €23,087
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
47 d early
2024
36 d early
2023
51 d early
2022
40 d early
2021
1 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 22 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€23,087▲ 86.0%
2024 · €12,410
Total assets
€27,352▼ 25.4%
2024 · €36,674
Net result
€10,677▼ 45.9%
2024 · €19,727
Working capital
€22,543▲ 105%
2024 · €11,008
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,645--€4,744-€4,109▲ 13.4%€24,127€13,990▼ 42.0%
Net result€7,591within the sector's middle half--€4,748below the sector's middle half-€5,016below the sector's middle half▼ 5.6%€19,727within the sector's middle half€10,677within the sector's middle half▼ 45.9%
Equity€17,591within the sector's middle half-€12,843below the sector's middle half▼ 27.0%€7,683below the sector's middle half▼ 40.2%€12,410below the sector's middle half▲ 61.5%€23,087within the sector's middle half▲ 86.0%
Total assets€26,061below the sector's middle half-€15,394below the sector's middle half▼ 40.9%€14,464below the sector's middle half▼ 6.0%€36,674below the sector's middle half▲ 154%€27,352below the sector's middle half▼ 25.4%
Debt€8,470-€2,551▼ 69.9%€6,781▲ 166%€24,263▲ 258%€4,265▼ 82.4%
Working capital€16,552within the sector's middle half-€11,206within the sector's middle half▼ 32.3%€5,232within the sector's middle half▼ 53.3%€11,008within the sector's middle half▲ 110%€22,543within the sector's middle half▲ 105%
Solvency67.5%within the sector's middle half-83.4%above the sector's middle half▲ 15.9pp53.1%within the sector's middle half▼ 30.3pp33.8%within the sector's middle half▼ 19.3pp84.4%above the sector's middle half▲ 50.6pp
Current ratio2.95within the sector's middle half-5.39above the sector's middle half▲ 2.441.79within the sector's middle half▼ 3.601.46within the sector's middle half▼ 0.346.41above the sector's middle half▲ 4.96
Return on assets (ROA)29.1%above the sector's middle half--30.8%below the sector's middle half▼ 60.0pp-34.7%below the sector's middle half▼ 3.8pp53.8%above the sector's middle half▲ 88.5pp39.0%above the sector's middle half▼ 14.8pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,352
Fixed assets
€644 ▼ 59.8%
Current assets
€26,708 ▼ 23.8%
Equity and liabilities €27,352
Equity
€23,087 ▲ 86.0%
Debt
€4,265 ▼ 82.4%
Debt's share of the balance-sheet total falls from 66.2% to 15.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,949▼
2024 · €25,176
Cash flow
€11,636▼
2024 · €20,776
Debt to equity
0.18▼
2024 · 1.96
ROE
46.2%▼
2024 · 159.0%
Interest coverage
38.76▲
2024 · 21.70
Debt ≤ 1 year
€4,165▼
2024 · €24,063
Income taxes
€2,928▼
2024 · €3,243
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €387 | €601 | €1,143 | €1,049 | €959 | ▼ 8.6% |
| Other operating charges640/8 | - | €207 | €0 | €393 | €217 | ▼ 44.8% |
| Gross operating margin9900 | €10,730 | -€3,936 | -€2,966 | €25,570 | €15,166 | ▼ 40.7% |
| Operating profit (loss)9901 | €9,645 | -€4,744 | -€4,109 | €24,127 | €13,990 | ▼ 42.0% |
| Financial income75/76B | - | €83 | €32 | €3 | €1 | ▼ 76.2% |
| Recurring financial income75 | €29 | €83 | €32 | €3 | €1 | ▼ 76.2% |
| Financial charges65/66B | - | €87 | €939 | €1,160 | €386 | ▼ 66.8% |
| Recurring financial charges65 | €30 | €87 | €939 | €1,160 | €386 | ▼ 66.8% |
| Profit (loss) for the period before taxes9903 | €9,644 | -€4,748 | -€5,016 | €22,971 | €13,605 | ▼ 40.8% |
| Income taxes67/77 | €2,053 | €0 | - | €3,243 | €2,928 | ▼ 9.7% |
| Profit (loss) for the period9904 | €7,591 | -€4,748 | -€5,016 | €19,727 | €10,677 | ▼ 45.9% |
| Profit (loss) for the period to be appropriated9905 | €7,591 | -€4,748 | -€5,016 | €19,727 | €10,677 | ▼ 45.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26,061 | €15,394 | €14,464 | €36,674 | €27,352 | ▼ 25.4% |
| Fixed assets21/28 | €1,039 | €1,637 | €2,651 | €1,603 | €644 | ▼ 59.8% |
| Tangible fixed assets22/27 | €1,039 | €1,637 | €2,651 | €1,603 | €644 | ▼ 59.8% |
| Plant, machinery and equipment23 | - | €565 | €1,819 | €1,011 | €292 | ▼ 71.1% |
| Furniture and vehicles24 | - | €1,072 | €832 | €592 | €352 | ▼ 40.5% |
| Current assets29/58 | €25,022 | €13,757 | €11,813 | €35,071 | €26,708 | ▼ 23.8% |
| Amounts receivable within one year40/41 | €6,098 | €3,180 | €6,833 | €20,022 | €16,444 | ▼ 17.9% |
| Trade receivables40 | - | €2,730 | €6,801 | €19,677 | €15,225 | ▼ 22.6% |
| Other amounts receivable41 | - | €450 | €32 | €345 | €1,218 | ▲ 253% |
| Cash at bank and in hand54/58 | €18,874 | €9,727 | €4,980 | €14,950 | €10,265 | ▼ 31.3% |
| Deferred charges and accrued income490/1 | - | €850 | €0 | €99 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26,061 | €15,394 | €14,464 | €36,674 | €27,352 | ▼ 25.4% |
| Equity10/15 | €17,591 | €12,843 | €7,683 | €12,410 | €23,087 | ▲ 86.0% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | €2,843 | €0 | €2,410 | €13,087 | ▲ 443% |
| Distributable reserves133 | - | €2,843 | €0 | €2,410 | €13,087 | ▲ 443% |
| Profit (loss) carried forward14 | €7,591 | €0 | -€2,317 | €0 | €0 | - |
| Amounts payable17/49 | €8,470 | €2,551 | €6,781 | €24,263 | €4,265 | ▼ 82.4% |
| Amounts payable within one year42/48 | €8,470 | €2,551 | €6,581 | €24,063 | €4,165 | ▼ 82.7% |
| Trade debts44 | €320 | €819 | €1,225 | €216 | €224 | ▲ 3.8% |
| Suppliers440/4 | - | €819 | €1,225 | €216 | €224 | ▲ 3.8% |
| Taxes, remuneration and social security45 | - | €1,000 | €1,600 | €7,147 | €2,872 | ▼ 59.8% |
| Taxes450/3 | - | €0 | €600 | €6,147 | €1,872 | ▼ 69.5% |
| Remuneration and social security454/9 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Other amounts payable47/48 | - | €732 | €3,757 | €16,701 | €1,069 | ▼ 93.6% |
| Accrued charges and deferred income492/3 | - | - | €200 | €200 | €100 | ▼ 50.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,591 | -€4,748 | -€5,016 | €19,727 | €10,677 | ▼ 45.9% |
| + Depreciation and write-downs630 | €387 | €601 | €1,143 | €1,049 | €959 | ▼ 8.6% |
| Operating cash flow (approximation) | €7,978 | -€4,147 | -€3,873 | €20,776 | €11,636 | ▼ 44.0% |
| Investment in fixed assets (approximation) | - | -€1,199 | -€2,157 | €0 | €0 | - |
| Change in cash | - | -€9,147 | -€4,747 | €9,970 | -€4,686 | ▼ 147% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 6.41
Current ratio from 1.46 to 6.41; short-term debt falls from €24,063 to €4,165.
2024
26-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €19,727
Net result €19,727 after 2 loss-making years.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet -€5,016
Net result drops to -€5,016, the lowest in the series; recovery starts the following year.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Puurs-Sint-Amands · 1 establishment unit since 2020
Ground area
626 m²
Building footprint
105 m²
Volume, LiDAR
518 m³
Parcel 12030D0564/00P000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SANGUISTAR
since 20202.328.751.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12030D0564/00P000 | Flanders | 626 m² | 1 · 105 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 9,851 companies in this sector we hold annual accounts for 3,760. 2,690 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded09-06-2020
Fiscal year end30-06
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748402510
Also
9925:BE0748402510
Registered
24-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.