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SANIPOWER

Active
Private limited company (pre-2019)founded 201313 yrs activeLillo Steenweg 78, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0535.766.632
Summary

SANIPOWER has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,645 and a net result of €631. Equity is growing by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisWatch ReportCompare
SANIPOWERActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€90,544total assets 2025
Equity
€53,645
Profit
€631
Turnover not published (abridged schema)
Financial health
66 Healthy Checked score 2025
Bankruptcy chance 12 m
1.0%
Structure
Accounts 16 d early0 of 1 deed read
Why 66- Liquidity: current ratio 2.73, cash €216, halved- Sector Specialised construction activities (NACE 43)- Figures for FY 2025 (filed 17-10-2025)+ Founded in 2013Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 42% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 84+9
equity 59.2% of total assets
Liquidity 38-4
short-term debt 29.3% · cash 0.2%
Profitability 70-17
return on assets 0.7%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,046 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.4%● 0.0% vs 12-2024 02-2025: 0.4%● 0.0% vs 01-2025 03-2025: 0.4%● 0.0% vs 02-2025 04-2025: 0.3%▼ -22.5% vs 03-2025 05-2025: 0.3%▼ -2.3% vs 04-2025lowest value 06-2025: 0.3%● 0.0% vs 05-2025lowest value 07-2025: 0.4%▲ +11.7% vs 06-2025 08-2025: 0.4%● 0.0% vs 07-2025 09-2025: 0.4%▼ -2.4% vs 08-2025 10-2025: 0.5%▲ +33.3% vs 09-2025 11-2025: 0.8%▲ +58.3% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%● 0.0% vs 12-2025 02-2026: 0.8%● 0.0% vs 01-2026 03-2026: 0.8%● 0.0% vs 02-2026 04-2026: 0.8%● 0.0% vs 03-2026 05-2026: 0.8%● 0.0% vs 04-2026 06-2026: 0.8%● 0.0% vs 05-2026 07-2026: 0.8%▲ +6.0% vs 06-2026 08-2026: 0.8%▼ -3.4% vs 07-2026 09-2026: 0.8%▼ -3.2% vs 08-2026 10-2026: 1.0%▲ +33.7% vs 09-2026highest value
  • Liquidity: current ratio 2.73, cash €216, halved raises the probability
  • Founded in 2013 lowers the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Figures for FY 2025 (filed 17-10-2025) raises the probability
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.73 against 2.07 in 2024; short-term debt: 29.3% and cash: 0.2% of total assets), and 40.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 64%, liquidity 27%, profitability 37%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 2.73, cash €216, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2013
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Figures for FY 2025 (filed 17-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
9 d early
2023
8 d early
2022
19 d early
2021
13 d early
2020
16 d late
2019
40 d 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 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 18 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close03-10-2026 today31-10-2026 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2019net €15,340 ▲7.2%

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €631 5 years View
  • Total assets 20256 fiscal years filed €90,544 View

By topic

Financials

Fiscal year
2025
Total assets
€90,544
Profit
€631
Solvency
59.2%
Total assets▼ 14.8%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 31-10-2026
  1. 15-10-2025Annual accounts filed
  2. 22-10-2024Annual accounts filed
  3. 31-03-2024Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
18-06-2013
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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