Financials
- Financial year
- 2025
- Total assets
- €150,390
- Profit
- €8,146
- Solvency
- 52.5%
Total assets▼ 14.0%
Net result
20182025
SANICON
ActiveSummary
SANICON has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,931 and a net result of €8,146. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 56% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Plumbing work
NACE 43221Retail sale of bread and pastry (bakery outlets) NACE 47241
2 sites
Size
€150,390total assets 2025
- Staff
- 0.9 FTE
- Equity
- €78,931
- Profit
- €8,146
Turnover not published (micro format)
Why 69raises riskLast filed accounts filed 31 days late; 2 of the last 3 lateSize: total assets €150,390lowers riskFounded in 2013Liquidity: current ratio 1.18, cash €18,771Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 43% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency
77+12
equity 52.5% of total assets
Liquidity
42+12
short-term debt 47.5% · cash 12.5%
Profitability
56+46
return on assets 5.4%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.3%
12-2024: 3.2%▲ +0.9 percentage points vs 11-2024
01-2025: 5.6%▲ +2.4 percentage points vs 12-2024
02-2025: 5.6%● unchanged vs 01-2025
03-2025: 5.9%▲ +0.3 percentage points vs 02-2025highest value
04-2025: 5.2%▼ -0.7 percentage points vs 03-2025
05-2025: 5.2%● unchanged vs 04-2025
06-2025: 2.1%▼ -3.1 percentage points vs 05-2025
07-2025: 2.1%● unchanged vs 06-2025
08-2025: 2.8%▲ +0.7 percentage points vs 07-2025
09-2025: 1.5%▼ -1.3 percentage points vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.4%▼ -0.1 percentage points vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.5%▲ +0.1 percentage points vs 03-2026
05-2026: 1.4%▼ -0.1 percentage points vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: 2.0%▲ +0.6 percentage points vs 07-2026
09-2026: 0.7%▼ -1.3 percentage points vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.18, compared with 1.0 in 2024, below the usual 1.5; short-term debt: 47.5% and cash: 12.5% of total assets), and 47.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 57% on solvency, 32% on liquidity, 27% on profitability and 57% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
288 days late
2022
18 days early
2021
5 days early
2020
25 days late
2019
18 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 52 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €8,146
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- SANNE VAN DE WAETERDirector
Network & group
- Mergers and asset contributions
- 1
Timeline
- Events
- 19
- Since
- 2015
- Next accounts
- by 31-07-2027
- 15-05-2025Annual accounts filed
- 26-02-2025Appointment: SANNE VAN DE WAETER (director)
- 24-01-2025Purpose · Restructuring
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Plumbing workNACE 43221
- Founded
- 21-11-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 4
- Purpose
- “Alle werkzaamheden inzake loodgieterij:; Onderhoud en keuringen van warmwater- en…” (deed in Dutch)
Key facts about SANICON
- What is the company number of SANICON?
- 0542.532.183. In Belgium the VAT number is the company number with BE in front: BE 0542.532.183.
- Where is SANICON based?
- The registered office is at Albertstraat 8, 2350 Vosselaar.Company details
- What does SANICON do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of SANICON?
- Private limited company (BV).
- When was SANICON founded?
- On 21-11-2013.
- Is SANICON still active?
- Yes, SANICON is an active enterprise in the KBO register.
- How many employees does SANICON have?
- On average 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SANICON?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is SANICON profitable?
- In financial year 2025, SANICON made a profit of €8,146.
- Where can I find the annual accounts of SANICON?
- SANICON filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SANICON due?
- By 31-07-2027, for financial year 2026.Timeline
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