SANIDARTE
ActiveThe computed 12-month bankruptcy probability of SANIDARTE is 2.3% (moderate). The 2025 annual accounts show equity of €48k and a net result of €26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 27450 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-5
Solvency47▼-40
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 3.25 in 2024; short-term debt: 68.3% and cash: 27.1% of total assets), and 78.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
higher
← 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
21.9%
Return on assets
11.8%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 23%
← weakest
strongest →
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 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
5 d early
2022
29 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▼ 66.5%
2024 · €142k
2022: €51k
2023: €107k
2024: €142k
2022 → 2025
Total assets
€217k▼ 5.0%
2024 · €229k
2022: €133k
2023: €199k
2024: €229k
2022 → 2025
Net result
€26k▼ 27.4%
2024 · €35k
2022: €48k
2023: €56k
2024: €35k
2022 → 2025
Working capital
€26k▼ 78.1%
2024 · €117k
2022: €43k
2023: €80k
2024: €117k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€51k-€107k▲ 111%€142k▲ 33.1%€48k▼ 66.5%
Operating result€60k-€71k▲ 19.3%€47k▼ 33.8%€35k▼ 26.3%
Net result€48k-€56k▲ 17.6%€35k▼ 37.1%€26k▼ 27.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217k
Fixed assets
€43k▼ 28.1%
Current assets
€174k▲ 3.4%
Equity and liabilities €217k
Equity
€48k▼ 66.5%
Debt
€170k▲ 95.5%
The debt ratio rises from 38.0% to 78.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€56k▼
2024 · €69k
Cash flow
€47k▼
2024 · €57k
Solvency
21.9%▼
2024 · 62.0%
Current ratio
1.17▼
2024 · 3.25
Quick ratio
1.17▼
2024 · 3.25
Debt / equity
3.57▲
2024 · 0.61
ROE
53.8%▲
2024 · 24.8%
ROA
11.8%▼
2024 · 15.4%
Interest coverage
26.27▼
2024 · 27.23
Debt
€170k▲
2024 · €87k
Debt ≤ 1 year
€149k▲
2024 · €52k
Debt > 1 year
€21k▼
2024 · €35k
Income taxes
€9k▼
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€229k€217k▼
Formation expenses20€501€299▼
Fixed assets21/28€60k€43k▼
Tangible fixed assets22/27€60k€43k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€55k€40k▼
Current assets29/58€168k€174k▲
Amounts receivable within one year40/41€120k€74k▼
Trade receivables40€15k€59k▲
Other amounts receivable41€105k€15k▼
Cash at bank and in hand54/58€48k€59k▲
Deferred charges and accrued income490/1€212€41k▲
Equity and liabilities
Total equity and liabilities10/49€229k€217k▼
Equity10/15€142k€48k▼
Contributions10/11€3k€3k=
Reserves13€139k€45k▼
Distributable reserves133€139k€45k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€87k€170k▲
Amounts payable after more than one year17€35k€21k▼
Financial debts170/4€35k€21k▼
Amounts payable within one year42/48€52k€149k▲
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€20k€101k▲
Suppliers440/4€20k€101k▲
Taxes, remuneration and social security45€10k€26k▲
Taxes450/3€8k€24k▲
Remuneration and social security454/9€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€21k▼
Other operating charges640/8€2k€991▼
Gross operating margin9900€70k€57k▼
Operating profit (loss)9901€47k€35k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€48k€34k▼
Income taxes67/77€13k€9k▼
Profit (loss) for the period9904€35k€26k▼
Profit (loss) for the period to be appropriated9905€35k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€26k▼
Transfer from equity791/2-€120k
Transfer to equity691/2€35k€26k▼
To other reserves6921€35k€26k▼
Profit to be distributed694/7-€120k
Return on contributions (dividend)694-€120k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €26k ▼27.4%
Net result drops to €26k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2022net €56k ▲17.6%
Operating result €71k, net result €56k, both a record.
30-06
Financial
Equity above €100kEq €107k ▲111%
2 profitable years in a row build equity to €107k.
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudenburg · 1 establishment unit since 2022
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.
Spikkelboorstraat 8B8460 OudenburgGround area
8,608 m²
Building footprint
183 m²
Volume, LiDAR
1,088 m³
Parcel 35004B0447/00B000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SANIDARTE
since 20222.326.337.043
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35004B0447/00B000 | Flanders | 8,608 m² | 1 · 183 m² | 9.4 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
2024 · 1 entry · 94 EUR awarded · 94 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 94 EUR | 94 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 2,956 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-12-2021
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
68121Development of residential building projects
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.