Sanilamo
ActiveSanilamo has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €663k and a net result of €52k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-1
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.94 against 2.21 in 2024; short-term debt: 9.4% and cash: 9.5% of total assets), and 21.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
78.5%
Return on assets
6.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
11 d early
2022
28 d early
2021
2 d early
2020
20 d late
2019
92 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€663k▲ 8.4%
2024 · €611k
2018: €306k
2019: €338k
2020: €382k
2021: €435k
2022: €498k
2023: €553k
2024: €611k
2018 → 2025
Total assets
€845k▼ 3.4%
2024 · €875k
2018: €1.36M
2019: €1.22M
2020: €1.11M
2021: €1.03M
2022: €1.01M
2023: €934k
2024: €875k
2018 → 2025
Net result
€52k▼ 11.7%
2024 · €58k
2018: €14k
2019: €32k
2020: €45k
2021: €53k
2022: €62k
2023: €55k
2024: €58k
2018 → 2025
Working capital
€233k▲ 63.1%
2024 · €143k
2018: €-22k
2019: €-5k
2020: €23k
2021: €47k
2022: €23k
2023: €55k
2024: €143k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€435k-€498k▲ 14.3%€553k▲ 11.1%€611k▲ 10.6%€663k▲ 8.4%
Operating result€81k-€88k▲ 8.4%€83k▼ 5.7%€90k▲ 8.5%€67k▼ 25.7%
Net result€53k-€62k▲ 17.7%€55k▼ 10.9%€58k▲ 5.4%€52k▼ 11.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 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 €845k
Fixed assets
€533k▼ 13.2%
Current assets
€312k▲ 19.8%
Equity and liabilities €845k
Equity
€663k▲ 8.4%
Debt
€182k▼ 30.9%
The debt ratio falls from 30.1% to 21.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€148k▼
2024 · €172k
Cash flow
€133k▼
2024 · €141k
Solvency
78.5%▲
2024 · 69.9%
Current ratio
3.94▲
2024 · 2.21
Quick ratio
3.94▲
2024 · 2.21
Debt / equity
0.27▼
2024 · 0.43
ROE
7.8%▼
2024 · 9.6%
ROA
6.1%▼
2024 · 6.7%
Interest coverage
19.42▲
2024 · 14.73
Debt
€182k▼
2024 · €263k
Debt ≤ 1 year
€79k▼
2024 · €118k
Debt > 1 year
€101k▼
2024 · €144k
Income taxes
€13k▼
2024 · €20k
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€875k€845k▼
Fixed assets21/28€615k€533k▼
Tangible fixed assets22/27€614k€533k▼
Land and buildings22€614k€533k▼
Financial fixed assets28€269€269=
Current assets29/58€260k€312k▲
Amounts receivable within one year40/41€133k€214k▲
Trade receivables40€133k€25k▼
Other amounts receivable41€101€189k▲
Cash at bank and in hand54/58€124k€80k▼
Deferred charges and accrued income490/1€3k€18k▲
Equity and liabilities
Total equity and liabilities10/49€875k€845k▼
Equity10/15€611k€663k▲
Contributions10/11€56k€56k=
Revaluation surpluses12€104k€104k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€446k€498k▲
Amounts payable17/49€263k€182k▼
Amounts payable after more than one year17€144k€101k▼
Financial debts170/4€144k€101k▼
Amounts payable within one year42/48€118k€79k▼
Current portion of amounts payable after more than one year42€43k€43k=
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€14k€13k▼
Taxes450/3€14k€13k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€58k€19k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€81k▼
Other operating charges640/8€15k€16k▲
Gross operating margin9900€187k€164k▼
Operating profit (loss)9901€90k€67k▼
Financial income75/76B€43€6k▲
Recurring financial income75€43€6k▲
Financial charges65/66B€12k€8k▼
Recurring financial charges65€12k€8k▼
Profit (loss) for the period before taxes9903€78k€65k▼
Income taxes67/77€20k€13k▼
Profit (loss) for the period9904€58k€52k▼
Profit (loss) for the period to be appropriated9905€58k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€446k€498k▲
Profit (loss) brought forward from the previous period14P€388k€446k▲
The notes to these accounts (11 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €553k ▲11.1%
6 profitable years in a row build equity to €553k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €62k ▲17.7%
Net result €62k, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wingene · 1 establishment unit since 1992
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.
Industriestraat 198755 WingeneGround area
6,542 m²
Building footprint
3,585 m²
Volume, LiDAR
11,002 m³
Parcel 37012C0304/00D000, Flanders · tallest building 9.2 m. Linked by address, not a title deed.
1 establishment unit
SANILAMO BVBA
since 19922.009.761.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012C0304/00D000 | Flanders | 6,542 m² | 1 · 3,585 m² | 9.2 m |
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.
Similar companies · same sector, comparable size
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Makade
BE 0767.652.456
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ROUSSO
BE 0881.156.908
Koksijde · Eq €662k
ECNE
BE 0776.546.267
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EVERAERT & Co CONSTRUCT
BE 0458.314.211
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Of 5,700 companies in sector 70100 we hold annual accounts for 3,492. 2,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-1974
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.