SANICOLE
ActiveSANICOLE has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €682k and a net result of €868. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 57% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability66▲+32
Solvency75▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.78 in 2023; short-term debt: 49.7% and cash: 4.4% of total assets), and 49.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
not confirmed
2024
31 d late
2023
107 d late
2022
31 d late
2021
153 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€682k▲ 0.1%
2023 · €681k
2018: €714k
2019: €715k
2020: €688k
2021: €690k
2022: €701k
2023: €681k
2018 → 2024
Total assets
€1.36M▲ 5.7%
2023 · €1.28M
2018: €1.18M
2019: €1.24M
2020: €1.08M
2021: €1.45M
2022: €1.32M
2023: €1.28M
2018 → 2024
Net result
€868
2023 · €-19k
2018: €3k
2019: €1k
2020: €-27k
2021: €2k
2022: €10k
2023: €-19k
2018 → 2024
Working capital
€479k▲ 1.9%
2023 · €470k
2018: €574k
2019: €589k
2020: €556k
2021: €563k
2022: €504k
2023: €470k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€688k-€690k▲ 0.3%€701k▲ 1.5%€681k▼ 2.8%€682k▲ 0.1%
Operating result€-22k-€11k€14k▲ 30.2%€-19k€3k
Net result€-27k-€2k€10k▲ 337%€-19k€868
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €19k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.36M
Fixed assets
€203k▼ 3.8%
Current assets
€1.15M▲ 7.6%
Equity and liabilities €1.36M
Equity
€682k▲ 0.1%
Debt
€673k▲ 12.0%
The debt ratio rises from 46.9% to 49.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2023 · €12k
Cash flow
€32k▲
2023 · €12k
Solvency
50.3%▼
2023 · 53.1%
Current ratio
1.71▼
2023 · 1.78
Quick ratio
0.75▼
2023 · 0.76
Debt / equity
0.99▲
2023 · 0.88
ROE
0.1%▲
2023 · -2.9%
ROA
0.1%▲
2023 · -1.5%
Interest coverage
5.66▲
2023 · 2.07
Debt
€673k▲
2023 · €601k
Debt ≤ 1 year
€673k▲
2023 · €601k
Income taxes
€2k▲
2023 · €325
Staff costs
€357k▲
2023 · €287k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.28M€1.36M▲
Fixed assets21/28€212k€203k▼
Tangible fixed assets22/27€211k€203k▼
Land and buildings22€160k€184k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€26k€17k▼
Assets under construction and advance payments27€23k-
Financial fixed assets28€135€135=
Current assets29/58€1.07M€1.15M▲
Stocks and contracts in progress3€615k€644k▲
Stocks30/36€615k€644k▲
Amounts receivable within one year40/41€406k€428k▲
Trade receivables40€264k€399k▲
Other amounts receivable41€142k€29k▼
Cash at bank and in hand54/58€28k€60k▲
Deferred charges and accrued income490/1€22k€20k▼
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.36M▲
Equity10/15€681k€682k▲
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€556k€557k▲
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€544k€545k▲
Amounts payable17/49€601k€673k▲
Amounts payable within one year42/48€601k€673k▲
Current portion of amounts payable after more than one year42€15k€14k▼
Financial debts43€95k€75k▼
Credit institutions430/8€95k€75k▼
Trade debts44€437k€508k▲
Suppliers440/4€437k€508k▲
Taxes, remuneration and social security45€54k€76k▲
Taxes450/3€36k€33k▼
Remuneration and social security454/9€18k€42k▲
Income statement
Code20232024
Remuneration, social security and pensions62€287k€357k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▼
Other operating charges640/8€13k€14k▲
Gross operating margin9900€312k€406k▲
Operating profit (loss)9901€-19k€3k▲
Financial income75/76B€6k€6k=
Recurring financial income75€6k€6k=
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€-19k€3k▲
Income taxes67/77€325€2k▲
Profit (loss) for the period9904€-19k€868▲
Profit (loss) for the period to be appropriated9905€-19k€868▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€868▲
Transfer from equity791/2€19k-
Transfer to equity691/2-€868
To other reserves6921-€868
Social balance
Average headcount (FTE)90876.97.6▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-12
Financial
Back to profitnet €868
Net result €868 after one loss-making year.
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 107 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €10k ▲337%
Operating result €14k, net result €10k, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 153 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-27k ▼2189%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 45 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Beringen · 1 establishment unit since 1974
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.
Kroonstraat 1673581 BeringenGround area
6,186 m²
Building footprint
2,415 m²
Volume, LiDAR
12,597 m³
Parcel 71005B0494/00R004, Flanders · tallest building 15.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kroonstraat 167, 3581 Beringen
since 19742.012.462.562
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005B0494/00R004 | Flanders | 6,186 m² | 1 · 2,415 m² | 15.5 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 4,001 EUR awarded · 4,001 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 2 | 2,114 EUR | 2,114 EUR |
| 2023 | 2 | 887 EUR | 887 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
4 live approvals · 9 endedBestuurder interne transportmiddelen duaal (so)
Logistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
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Of 473 companies in sector 46842 we hold annual accounts for 346. 261 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-06-1974
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
46842Wholesale trade
51532
51542
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.