Sanidro
ActiveSanidro has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €431k and a net result of €72k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 86% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.66 against 7.9 in 2024; short-term debt: 21.5% and cash: 16% of total assets), and 22.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
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
77.7%
Return on assets
13%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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
27 d late
2024
on the day
2023
28 d late
2022
on the day
2021
4 d early
2020
26 d early
2019
1 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 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€431k▲ 20.0%
2024 · €359k
2019: €252k
2020: €264k
2021: €288k
2022: €288k
2023: €330k
2024: €359k
2019 → 2025
Total assets
€554k▲ 34.1%
2024 · €413k
2019: €419k
2020: €392k
2021: €492k
2022: €482k
2023: €377k
2024: €413k
2019 → 2025
Net result
€72k▲ 145%
2024 · €29k
2019: €23k
2020: €12k
2021: €24k
2022: €-271
2023: €42k
2024: €29k
2019 → 2025
Working capital
€318k▲ 7.7%
2024 · €295k
2019: €175k
2020: €194k
2021: €223k
2022: €218k
2023: €253k
2024: €295k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€288k-€288k▼ 0.1%€330k▲ 14.5%€359k▲ 8.9%€431k▲ 20.0%
Operating result€36k-€7k▼ 81.6%€63k▲ 850%€44k▼ 30.0%€97k▲ 120%
Net result€24k-€-271€42k€29k▼ 29.9%€72k▲ 145%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 120% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €554k
Fixed assets
€118k▲ 54.7%
Current assets
€437k▲ 29.5%
Equity and liabilities €554k
Equity
€431k▲ 20.0%
Debt
€124k▲ 127%
The debt ratio rises from 13.2% to 22.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€118k▲
2024 · €87k
Cash flow
€92k▲
2024 · €72k
Solvency
77.7%▼
2024 · 86.8%
Current ratio
3.66▼
2024 · 7.90
Quick ratio
3.24▼
2024 · 6.27
Debt / equity
0.29▲
2024 · 0.15
ROE
16.7%▲
2024 · 8.2%
ROA
13.0%▲
2024 · 7.1%
Interest coverage
35.72▼
2024 · 36.71
Debt
€124k▲
2024 · €54k
Debt ≤ 1 year
€119k▲
2024 · €43k
Debt > 1 year
€4k▼
2024 · €12k
Income taxes
€27k▲
2024 · €14k
Staff costs
€181k▲
2024 · €167k
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€413k€554k▲
Fixed assets21/28€76k€118k▲
Tangible fixed assets22/27€76k€118k▲
Land and buildings22€40k€29k▼
Plant, machinery and equipment23€3k€15k▲
Furniture and vehicles24€33k€74k▲
Current assets29/58€337k€437k▲
Stocks and contracts in progress3€70k€50k▼
Stocks30/36€70k€50k▼
Amounts receivable within one year40/41€209k€291k▲
Trade receivables40€160k€219k▲
Other amounts receivable41€49k€71k▲
Cash at bank and in hand54/58€59k€88k▲
Deferred charges and accrued income490/1-€8k
Equity and liabilities
Total equity and liabilities10/49€413k€554k▲
Equity10/15€359k€431k▲
Contributions10/11€28k€28k=
Reserves13€330k€402k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€328k€399k▲
Profit (loss) carried forward14€525€525=
Amounts payable17/49€54k€124k▲
Amounts payable after more than one year17€12k€4k▼
Financial debts170/4€12k€4k▼
Amounts payable within one year42/48€43k€119k▲
Current portion of amounts payable after more than one year42€27k€15k▼
Trade debts44€7k€83k▲
Suppliers440/4€7k€83k▲
Taxes, remuneration and social security45€8k€21k▲
Taxes450/3€5k€21k▲
Remuneration and social security454/9€3k-
Income statement
Code20242025
Remuneration, social security and pensions62€167k€181k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€20k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€256k€301k▲
Operating profit (loss)9901€44k€97k▲
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€43k€99k▲
Income taxes67/77€14k€27k▲
Profit (loss) for the period9904€29k€72k▲
Profit (loss) for the period to be appropriated9905€29k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€130k€72k▼
Profit (loss) brought forward from the previous period14P€101k€525▼
Transfer to equity691/2€129k€72k▼
To other reserves6921€129k€72k▼
Social balance
Average headcount (FTE)90873.04.0▲
The notes to these accounts (12 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
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-06
Financial
Highest result since 2019net €72k ▲145%
Operating result €97k, net result €72k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
30-06
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
30-06
Financial
Liquidity quadruplescurrent ratio 10.40
Current ratio from 2.40 to 10.40; short-term debt falls from €156k to €27k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-271 ▼101%
Net result drops to €-271, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 1989
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.
Keuzekouter 39031 GentGround area
505 m²
Building footprint
333 m²
Volume, LiDAR
1,207 m³
Parcel 44017C1311/00B000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SANIDRO
since 19892.042.842.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017C1311/00B000 | Flanders | 505 m² | 1 · 333 m² | 6.7 m · 1 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 · 432 EUR awarded · 432 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 432 EUR | 432 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
6 categoriesSanidro BV23545
Similar companies · same sector, comparable size
Willemsens en Zonen
BE 0452.410.869
Malle · Eq €431k
ONDERNEMING MICHIELS
BE 0451.497.188
Overijse · Eq €431k
Firma Robert Arens
BE 0407.925.184
Sankt Vith · Eq €429k
ALAIN DANIELS
BE 0460.850.661
Brecht · Eq €429k
SEYNAEVE MARC
BE 0898.939.778
Zwevegem · Eq €428k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 2,449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-1989
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.