Sani-Tec
ActiveSummary
The computed 12-month bankruptcy probability of Sani-Tec is 2.0% (moderate). The 2025 annual accounts show equity of €308,562 and a net result of €51,370. Equity is growing by ~78.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 28254 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-20
Solvency64▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 3.27 against 3.79 in 2024; short-term debt: 29.7% and cash: 9.4% of total assets), but 61.2% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
38.8%
Return on assets
6.5%
Age of the figures
18 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 04-12-2025, 34 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
34 d late
2024
on the day
2023
on the day
2022
19 d early
2021
9 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 5 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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 trust this company with building work?Contractor check 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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€308,562▲ 20.0%
2024 · €257,192
Total assets
€795,883▲ 57.9%
2024 · €504,167
Net result
€51,370▼ 55.1%
2024 · €114,496
Working capital
€536,684▲ 75.7%
2024 · €305,429
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€37,858-€39,099▲ 3.3%€92,129▲ 136%€176,718▲ 91.8%€73,599▼ 58.4%
Net result€30,713within the sector's middle half-€31,441above the sector's middle half▲ 2.4%€70,543above the sector's middle half▲ 124%€114,496above the sector's middle half▲ 62.3%€51,370above the sector's middle half▼ 55.1%
Equity€40,713below the sector's middle half-€72,154within the sector's middle half▲ 77.2%€142,697above the sector's middle half▲ 97.8%€257,192above the sector's middle half▲ 80.2%€308,562above the sector's middle half▲ 20.0%
Total assets€81,020below the sector's middle half-€126,168within the sector's middle half▲ 55.7%€266,923within the sector's middle half▲ 112%€504,167above the sector's middle half▲ 88.9%€795,883above the sector's middle half▲ 57.9%
Debt€40,307-€54,014▲ 34.0%€124,226▲ 130%€246,974▲ 98.8%€487,321▲ 97.3%
Working capital€11,956below the sector's middle half-€43,016within the sector's middle half▲ 260%€131,901above the sector's middle half▲ 207%€305,429above the sector's middle half▲ 132%€536,684above the sector's middle half▲ 75.7%
Solvency50.3%within the sector's middle half-57.2%within the sector's middle half▲ 6.9pp53.5%within the sector's middle half▼ 3.7pp51.0%within the sector's middle half▼ 2.4pp38.8%within the sector's middle half▼ 12.2pp
Current ratio1.30within the sector's middle half-1.81within the sector's middle half▲ 0.513.43above the sector's middle half▲ 1.633.79above the sector's middle half▲ 0.363.27within the sector's middle half▼ 0.52
Return on assets (ROA)37.9%above the sector's middle half-24.9%above the sector's middle half▼ 13.0pp26.4%above the sector's middle half▲ 1.5pp22.7%above the sector's middle half▼ 3.7pp6.5%within the sector's middle half▼ 16.3pp
Staff (FTE)0.7below the sector's middle half-1▲ 42.9%1=1.8
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €795,883
Fixed assets
€22,819 ▼ 74.4%
Current assets
€773,063 ▲ 86.3%
Equity and liabilities €795,883
Equity
€308,562 ▲ 20.0%
Debt
€487,321 ▲ 97.3%
Debt's share of the balance-sheet total rises from 49.0% to 61.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85,159▼
2024 · €201,069
Cash flow
€62,930▼
2024 · €138,847
Quick ratio
1.30▼
2024 · 2.24
Debt to equity
1.58▲
2024 · 0.96
ROE
16.6%▼
2024 · 44.5%
Interest coverage
7.73▼
2024 · 26.01
Debt ≤ 1 year
€236,379▲
2024 · €109,537
Debt > 1 year
€250,553▲
2024 · €136,815
Income taxes
€23,248▼
2024 · €58,398
Staff costs
€90,156▲
2024 · €28,050
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% 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
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,658 | €307 | €0 | €1,394 | - |
| Remuneration, social security and pensions62 | - | €44,320 | €50,739 | €28,050 | €90,156 | ▲ 221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,121 | €17,485 | €12,894 | €24,352 | €11,561 | ▼ 52.5% |
| Other operating charges640/8 | - | €1,994 | €3,967 | €8,788 | €3,646 | ▼ 58.5% |
| Non-recurring operating charges66A | - | €6,320 | €0 | €3,674 | €11,488 | ▲ 213% |
| Gross operating margin9900 | €67,595 | €109,218 | €159,729 | €241,581 | €190,450 | ▼ 21.2% |
| Operating profit (loss)9901 | €37,858 | €39,099 | €92,129 | €176,718 | €73,599 | ▼ 58.4% |
| Financial income75/76B | - | €3,123 | €3,880 | €3,907 | €12,036 | ▲ 208% |
| Recurring financial income75 | €584 | €3,123 | €3,880 | €3,907 | €12,036 | ▲ 208% |
| Financial charges65/66B | - | €2,697 | €1,060 | €7,731 | €11,018 | ▲ 42.5% |
| Recurring financial charges65 | €195 | €2,697 | €1,060 | €7,731 | €11,018 | ▲ 42.5% |
| Profit (loss) for the period before taxes9903 | €38,247 | €39,525 | €94,949 | €172,894 | €74,617 | ▼ 56.8% |
| Income taxes67/77 | €7,534 | €8,084 | €24,407 | €58,398 | €23,248 | ▼ 60.2% |
| Profit (loss) for the period9904 | €30,713 | €31,441 | €70,543 | €114,496 | €51,370 | ▼ 55.1% |
| Profit (loss) for the period to be appropriated9905 | €30,713 | €31,441 | €70,543 | €114,496 | €51,370 | ▼ 55.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81,020 | €126,168 | €266,923 | €504,167 | €795,883 | ▲ 57.9% |
| Fixed assets21/28 | €28,757 | €29,730 | €80,778 | €89,201 | €22,819 | ▼ 74.4% |
| Tangible fixed assets22/27 | €26,397 | €27,371 | €78,418 | €86,841 | €20,460 | ▼ 76.4% |
| Plant, machinery and equipment23 | - | €522 | €0 | €8,525 | €6,675 | ▼ 21.7% |
| Furniture and vehicles24 | - | €26,849 | €78,418 | €78,316 | €13,785 | ▼ 82.4% |
| Financial fixed assets28 | €2,360 | €2,360 | €2,360 | €2,360 | €2,360 | = |
| Current assets29/58 | €52,263 | €96,438 | €186,145 | €414,966 | €773,063 | ▲ 86.3% |
| Stocks and contracts in progress3 | - | - | - | €169,076 | €466,064 | ▲ 176% |
| Stocks30/36 | - | - | - | €169,076 | €466,064 | ▲ 176% |
| Amounts receivable within one year40/41 | €17,810 | €82,736 | €66,055 | €122,684 | €224,468 | ▲ 83.0% |
| Trade receivables40 | - | €75,721 | €53,689 | €92,505 | €56,240 | ▼ 39.2% |
| Other amounts receivable41 | - | €7,014 | €12,365 | €30,179 | €168,228 | ▲ 457% |
| Cash at bank and in hand54/58 | €32,564 | €13,130 | €113,909 | €119,879 | €75,198 | ▼ 37.3% |
| Deferred charges and accrued income490/1 | - | €572 | €6,181 | €3,326 | €7,333 | ▲ 120% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81,020 | €126,168 | €266,923 | €504,167 | €795,883 | ▲ 57.9% |
| Equity10/15 | €40,713 | €72,154 | €142,697 | €257,192 | €308,562 | ▲ 20.0% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €30,713 | €62,154 | €132,697 | €247,192 | €298,562 | ▲ 20.8% |
| Non-distributable reserves130/1 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves not available under the articles1311 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Distributable reserves133 | - | €61,154 | €131,697 | €246,192 | €297,562 | ▲ 20.9% |
| Amounts payable17/49 | €40,307 | €54,014 | €124,226 | €246,974 | €487,321 | ▲ 97.3% |
| Amounts payable after more than one year17 | - | €592 | €23,512 | €136,815 | €250,553 | ▲ 83.1% |
| Financial debts170/4 | - | €592 | €23,512 | €136,815 | €250,553 | ▲ 83.1% |
| Amounts payable within one year42/48 | €40,307 | €53,422 | €54,244 | €109,537 | €236,379 | ▲ 116% |
| Current portion of amounts payable after more than one year42 | - | €3,520 | €12,004 | €13,069 | €133,644 | ▲ 923% |
| Financial debts43 | - | - | - | - | €27,671 | - |
| Credit institutions430/8 | - | - | - | - | €4,799 | - |
| Other loans439 | - | - | - | - | €22,872 | - |
| Trade debts44 | €19,071 | €18,507 | €10,475 | €19,974 | €26,932 | ▲ 34.8% |
| Suppliers440/4 | - | €18,507 | €10,475 | €19,974 | €26,932 | ▲ 34.8% |
| Taxes, remuneration and social security45 | - | €21,344 | €31,765 | €76,495 | €48,133 | ▼ 37.1% |
| Taxes450/3 | - | €16,792 | €25,661 | €67,640 | €39,955 | ▼ 40.9% |
| Remuneration and social security454/9 | - | €4,552 | €6,104 | €8,855 | €8,178 | ▼ 7.6% |
| Other amounts payable47/48 | - | €10,051 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €46,470 | €623 | €388 | ▼ 37.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,713 | €31,441 | €70,543 | €114,496 | €51,370 | ▼ 55.1% |
| + Depreciation and write-downs630 | €10,121 | €17,485 | €12,894 | €24,352 | €11,561 | ▼ 52.5% |
| Operating cash flow (approximation) | €40,834 | €48,926 | €83,437 | €138,847 | €62,930 | ▼ 54.7% |
| Investment in fixed assets (approximation) | - | -€18,459 | -€63,941 | -€32,775 | €54,820 | ▲ 267% |
| Change in cash | - | -€19,434 | €100,779 | €5,970 | -€44,681 | ▼ 848% |
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
04-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 34 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2021net €114,496 ▲62.3%
Operating result €176,718, net result €114,496, both a record.
31-03
Financial
Equity above €200,000Eq €257,192 ▲80.2%
4 profitable years in a row build equity to €257,192.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €100,000Eq €142,697 ▲97.8%
3 profitable years in a row build equity to €142,697.
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Dilsen-Stokkem · 1 establishment unit since 2019
Ground area
3,950 m²
Building footprint
1,264 m²
Volume, LiDAR
1,457 m³
Parcel 73043B0285/00G002, Flanders · tallest building 25.3 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Sani-Tec
since 20192.295.496.882
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043B0285/00G002 | Flanders | 3,950 m² | 1 · 1,264 m² | 25.3 m |
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.
Similar companies · same sector, comparable size
JO-LI
BE 0843.727.675
Oudenaarde · Eq €308,400
LOCABAT TRAVAUX
BE 0453.162.125
Ottignies-Louvain-la-Neuve · Eq €308,916
VANDAMME STIJN
BE 0803.725.370
Wervik · Eq €308,082
DEVANTHO
BE 0453.900.315
Torhout · Eq €309,327
SH Concept
BE 0508.991.365
Beveren-Kruibeke-Zwijndrecht · Eq €307,291
Of 7,043 companies in sector 43221 we hold annual accounts for 3,475. 2,687 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2019
Fiscal year end31-03
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
43910Bricklaying and masonry work
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736825955
Also
9925:BE0736825955
Registered
09-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.