SANIFAST

Active

Private limited companyfounded 20206 yrs activeChaussée de Nivelles 167, 7181 Seneffe, BelgiumKBO/BCE: BE 0750.869.179

The computed 12-month bankruptcy probability of SANIFAST is 2.6% (moderate). The 2024 annual accounts show equity of €28k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 36376 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

65 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability97▲+76

Solvency67▲+58

Growth53▲+31

Track record100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity ample (current ratio 2.5 against 1.45 in 2023; short-term debt: 38.4% and cash: 5.8% of total assets), but 58% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

42%

Return on assets

52.1%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-05-2025, 69 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

69 d early

2023

35 d late

2022

30 d late

2021

19 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€210k▲ 5.5%

2023 · €199k

2021: €278k 2022: €168k 2023: €199k

2021 → 2024

EBIT margin

17.5%▲ 17.2pp

2023 · 0.4%

2021: 2.8% 2022: -4.8% 2023: 0.4%

2021 → 2024

Net result

€35k

2023 · €-2k

2021: €6k 2022: €-13k 2023: €-2k

2021 → 2024

Working capital

€38k▲ 193%

2023 · €13k

2021: €38k 2022: €21k 2023: €13k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€278k-€168k▼ 39.6%€199k▲ 19.0%€210k▲ 5.5%

Equity€8k-€-4k€-7k▼ 49.5%€28k

Operating result€8k-€-8k€705€37k▲ 5,137%

Net result€6k-€-13k€-2k▲ 82.5%€35k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 5,137% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €66k

96.3%

Fixed assets €2k▲ 248%

Current assets €64k▲ 50.6%

Equity and liabilities €66k

42.0%

58.0%

Equity €28k

Debt €39k

Debt finances 58.0% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€37k▲

2023 · €2k

Cash flow

€35k▲

2023 · €-438

Solvency

42.0%▲

2023 · -15.6%

Current ratio

2.50▲

2023 · 1.45

Quick ratio

2.50▲

2023 · 1.45

Debt / equity

1.38▲

2023 · -7.43

ROE

124.1%

ROA

52.1%▲

2023 · -5.1%

Interest coverage

21.14▲

2023 · 0.85

Debt

€39k▼

2023 · €50k

Debt ≤ 1 year

€26k▼

2023 · €29k

Debt > 1 year

€13k▼

2023 · €21k

Income taxes

€541

Staff costs

€30k▼

2023 · €37k

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€43k€66k▲

Fixed assets21/28€710€2k▲

Tangible fixed assets22/27-€2k

Plant, machinery and equipment23-€2k

Financial fixed assets28€710€710=

Current assets29/58€42k€64k▲

Amounts receivable within one year40/41€29k€60k▲

Trade receivables40€2k€35k▲

Other amounts receivable41€27k€25k▼

Cash at bank and in hand54/58€13k€4k▼

Deferred charges and accrued income490/1€556-

Equity and liabilities

Total equity and liabilities10/49€43k€66k▲

Equity10/15€-7k€28k▲

Contributions10/11€3k€3k=

Capital10€3k-

Issued capital100€3k-

Profit (loss) carried forward14€-9k€25k▲

Amounts payable17/49€50k€39k▼

Amounts payable after more than one year17€21k€13k▼

Financial debts170/4€21k€13k▼

Amounts payable within one year42/48€29k€26k▼

Current portion of amounts payable after more than one year42€7k€8k▲

Financial debts43-€379

Credit institutions430/8-€379

Trade debts44€20k€17k▼

Suppliers440/4€20k€17k▼

Taxes, remuneration and social security45€2k€396▼

Remuneration and social security454/9€2k€396▼

Income statement Code20232024

Turnover70€199k€210k▲

Goods, raw materials, services and sundry goods60/61€159k€142k▼

Remuneration, social security and pensions62€37k€30k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€477▼

Other operating charges640/8€180€958▲

Gross operating margin9900€40k€69k▲

Operating profit (loss)9901€705€37k▲

Financial income75/76B€6€21▲

Recurring financial income75€6€21▲

Financial charges65/66B€3k€2k▼

Recurring financial charges65€3k€2k▼

Profit (loss) for the period before taxes9903€-2k€35k▲

Income taxes67/77-€541

Profit (loss) for the period9904€-2k€35k▲

Profit (loss) for the period to be appropriated9905€-2k€35k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€25k▲

Profit (loss) brought forward from the previous period14P€-7k€-9k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

23-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €35k

Net result €35k after 2 loss-making years.

04-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 35 days late

2023

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

31-12

Financial Weakest financial yearnet €-13k ▼323%

Net result drops to €-13k, the lowest in the series; recovery starts the following year.

19-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 19 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Seneffe · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Chaussée de Nivelles 1677181 Seneffe

Ground area

1,453 m²

Building footprint

304 m²

Volume, LiDAR

528 m³

2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

SANIFAST

Rue de Bascoup 156, 7170 ManageSpecialised construction activities

since 20212.325.357.244

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52003B0364/00N000	Wallonia	1,012 m²	1 · 244 m²	-
52019B0472/00E009	Wallonia	441 m²	1 · 60 m²	9.9 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Verwarming - Sanitair Nolmans Benny

DEREUMAUX CHAUFFAGE & SANITAIRE SPRL

BE 0541.929.397

Châtelet · Eq €28k

Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 3,953 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded22-07-2020

Fiscal year end31-12

Activities, NACEBEL

43222Installation of electric heating, air conditioning, cooling and ventilation

43221Plumbing work

Sources

Crossroads Bank for EnterprisesNational Bank · 4 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.