Sanicalor
ActiveSummary
The computed 12-month bankruptcy probability of Sanicalor is 3.4% (moderate). The 2025 annual accounts show negative equity (€-367) and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 27965 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
Profitability0=
Solvency23▼-50
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29 against 1.91 in 2024; short-term debt: 102.3% and cash: 4.1% of total assets), and equity is negative.
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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 · 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 →
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 2025Solvency, return and age of the figures
Solvency
-2.3%
Return on assets
-21.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-367
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 6 filingsDeviation from the deadline
2025
24 d late
2024
19 d late
2023
27 d late
2022
29 d late
2021
31 d late
2020
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-367
2024 · €3k
Total assets
€16k▲ 148%
2024 · €7k
Net result
€-3k▲ 69.6%
2024 · €-11k
Working capital
€-12k
2024 · €3k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€18k▼ 39.6%€9k▼ 46.7%€16k▲ 66.2%€-11k€-3k▲ 70.3%
Net result€9k▼ 59.8%€5k▼ 45.9%€9k▲ 89.4%€-11k€-3k▲ 69.6%
Equity€1k=€6k▲ 385%€15k▲ 150%€3k▼ 78.6%€-367
Total assets€41k▼ 15.1%€30k▼ 26.3%€36k▲ 20.7%€7k▼ 82.1%€16k▲ 148%
Debt€40k▼ 15.5%€24k▼ 38.7%€22k▼ 10.3%€3k▼ 84.4%€17k▲ 384%
Working capital€-2k▲ 87.4%€5k€14k▲ 172%€3k▼ 78.4%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €11k in 2024; the loss shrinks.
Balance-sheet composition
Assets €16k
Fixed assets
€11k
Current assets
€5k
Key figures and ratios
EBITDA
€-1k▲
2024 · €-11k
Cash flow
€-1k▲
2024 · €-11k
Solvency
-2.3%▼
2024 · 47.7%
Current ratio
0.29▼
2024 · 1.91
ROA
-21.5%▲
2024 · -175.2%
Interest coverage
-4.00▲
2024 · -81.60
Debt ≤ 1 year
€17k▲
2024 · €3k
Income taxes
€30▼
2024 · €735
Equity ratios withheld: equity of €-367 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €500 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €2k | €381 | €127 | €2k | ▲ 1,560% |
| Other operating charges640/8 | €2k | €2k | €1k | €1k | €1k | ▼ 22.6% |
| Non-recurring operating charges66A | €3k | - | - | - | - | - |
| Gross operating margin9900 | €27k | €13k | €17k | €-9k | €12 | ▲ 100% |
| Operating profit (loss)9901 | €18k | €9k | €16k | €-11k | €-3k | ▲ 70.3% |
| Financial income75/76B | €147 | €944 | €363 | €126 | €0 | ▼ 100.0% |
| Recurring financial income75 | €147 | €944 | €363 | €126 | €0 | ▼ 100.0% |
| Financial charges65/66B | €1k | €143 | €860 | €130 | €270 | ▲ 108% |
| Recurring financial charges65 | €1k | €143 | €860 | €130 | €270 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | €16k | €10k | €15k | €-11k | €-3k | ▲ 67.8% |
| Income taxes67/77 | €8k | €6k | €6k | €735 | €30 | ▼ 95.9% |
| Profit (loss) for the period9904 | €9k | €5k | €9k | €-11k | €-3k | ▲ 69.6% |
| Profit (loss) for the period to be appropriated9905 | €9k | €5k | €9k | €-11k | €-3k | ▲ 69.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41k | €30k | €36k | €7k | €16k | ▲ 148% |
| Fixed assets21/28 | €3k | €508 | €127 | - | €11k | - |
| Tangible fixed assets22/27 | €3k | €508 | €127 | - | €11k | - |
| Furniture and vehicles24 | €3k | €508 | €127 | - | €11k | - |
| Current assets29/58 | €38k | €30k | €36k | €7k | €5k | ▼ 27.7% |
| Amounts receivable within one year40/41 | €20k | €14k | €15k | €2k | €3k | ▲ 15.0% |
| Trade receivables40 | €9k | €6k | €180 | - | €328 | - |
| Other amounts receivable41 | €11k | €8k | €15k | €2k | €2k | ▲ 1.1% |
| Cash at bank and in hand54/58 | €16k | €13k | €18k | €2k | €664 | ▼ 73.0% |
| Deferred charges and accrued income490/1 | €3k | €3k | €4k | €2k | €1k | ▼ 21.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41k | €30k | €36k | €7k | €16k | ▲ 148% |
| Equity10/15 | €1k | €6k | €15k | €3k | €-367 | ▼ 112% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | - | €5k | €13k | €2k | €-2k | ▼ 182% |
| Amounts payable17/49 | €40k | €24k | €22k | €3k | €17k | ▲ 384% |
| Amounts payable within one year42/48 | €40k | €24k | €22k | €3k | €17k | ▲ 384% |
| Trade debts44 | €22k | €20k | €19k | €3k | €775 | ▼ 74.6% |
| Suppliers440/4 | €22k | €20k | €19k | €3k | €775 | ▼ 74.6% |
| Taxes, remuneration and social security45 | €11k | €4k | €3k | €370 | - | - |
| Taxes450/3 | €11k | €4k | €3k | €370 | - | - |
| Other amounts payable47/48 | €7k | - | - | - | €16k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €5k | €9k | €-11k | €-3k | ▲ 69.6% |
| + Depreciation and write-downs630 | €4k | €2k | €381 | €127 | €2k | ▲ 1,560% |
| Operating cash flow (approximation) | €12k | €7k | €9k | €-11k | €-1k | ▲ 87.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €-3k | €5k | €-15k | €-2k | ▲ 88.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 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.
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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, Nieuwpoort · 1 establishment unit since 2019
Ground area
4,425 m²
Building footprint
1,205 m²
Volume, LiDAR
14,083 m³
2 parcels, Flanders · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Sanicalor
since 20192.295.802.532
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0458/00A000 | Flanders | 2,658 m² | 1 · 468 m² | 13.1 m · 3 fl. |
| 38402D0459/00A000 | Flanders | 1,767 m² | 1 · 737 m² | 15.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,044 companies in sector 43221 we hold annual accounts for 3,472. 756 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
Founded18-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.