SANITAIR EXPRESS
ActiveThe computed 12-month bankruptcy probability of SANITAIR EXPRESS is 1.9% (moderate). The 2025 annual accounts show equity of €108k and a net result of €22k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 27676 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-5
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.04 against 3.42 in 2024; short-term debt: 22.2% and cash: 10.3% of total assets), and 22.2% 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 · 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
77.8%
Return on assets
15.7%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-05-2026, 21 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 · 5 filingsDeviation from the deadline
2025
21 d late
2024
23 d late
2023
30 d late
2022
24 d late
2021
25 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▲ 25.2%
2024 · €86k
2021: €34k
2022: €55k
2023: €64k
2024: €86k
2021 → 2025
Total assets
€139k▲ 24.3%
2024 · €112k
2021: €87k
2022: €100k
2023: €99k
2024: €112k
2021 → 2025
Net result
€22k▼ 1.1%
2024 · €22k
2021: €32k
2022: €20k
2023: €10k
2024: €22k
2021 → 2025
Working capital
€94k▲ 51.8%
2024 · €62k
2021: €19k
2022: €41k
2023: €50k
2024: €62k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€55k▲ 59.4%€64k▲ 17.6%€86k▲ 34.3%€108k▲ 25.2%
Operating result€40k-€27k▼ 32.7%€13k▼ 50.3%€28k▲ 114%€28k▼ 2.3%
Net result€32k-€20k▼ 35.9%€10k▼ 52.7%€22k▲ 129%€22k▼ 1.1%
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 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139k
Fixed assets
€14k▼ 41.3%
Current assets
€124k▲ 42.9%
Equity and liabilities €139k
Equity
€108k▲ 25.2%
Debt
€31k▲ 21.2%
The debt ratio falls from 22.8% to 22.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38k▲
2024 · €37k
Cash flow
€32k▲
2024 · €31k
Solvency
77.8%▲
2024 · 77.2%
Current ratio
4.04▲
2024 · 3.42
Quick ratio
4.02▲
2024 · 3.40
Debt / equity
0.29▼
2024 · 0.29
ROE
20.2%▼
2024 · 25.5%
ROA
15.7%▼
2024 · 19.7%
Interest coverage
187.18▲
2024 · 122.36
Debt
€31k▲
2024 · €25k
Debt ≤ 1 year
€31k▲
2024 · €25k
Income taxes
€7k▼
2024 · €7k
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€112k€139k▲
Fixed assets21/28€25k€14k▼
Tangible fixed assets22/27€25k€14k▼
Plant, machinery and equipment23€2k€746▼
Furniture and vehicles24€23k€14k▼
Financial fixed assets28€45€45=
Current assets29/58€87k€124k▲
Stocks and contracts in progress3€500€500=
Stocks30/36€500€500=
Amounts receivable within one year40/41€173€13k▲
Trade receivables40-€12k
Other amounts receivable41€173€1k▲
Current investments50/53€72k€96k▲
Cash at bank and in hand54/58€13k€14k▲
Deferred charges and accrued income490/1€639€251▼
Equity and liabilities
Total equity and liabilities10/49€112k€139k▲
Equity10/15€86k€108k▲
Contributions10/11€3k€3k=
Reserves13€84k€106k▲
Distributable reserves133€84k€106k▲
Amounts payable17/49€25k€31k▲
Amounts payable within one year42/48€25k€31k▲
Current portion of amounts payable after more than one year42€8k-
Trade debts44€390€3k▲
Suppliers440/4€390€3k▲
Advances received on contracts in progress46€1k€8k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€9k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€38k€39k▲
Operating profit (loss)9901€28k€28k▼
Financial income75/76B€704€924▲
Recurring financial income75€704€924▲
Financial charges65/66B€303€203▼
Recurring financial charges65€303€203▼
Profit (loss) for the period before taxes9903€29k€29k▼
Income taxes67/77€7k€7k▼
Profit (loss) for the period9904€22k€22k▼
Profit (loss) for the period to be appropriated9905€22k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€22k▼
Transfer to equity691/2€22k€22k▼
To other reserves6921€22k€22k▼
The notes to these accounts (6 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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
30-09
Financial
Equity above €100kEq €108k ▲25.2%
5 profitable years in a row build equity to €108k.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-09
Financial
Weakest financial yearnet €10k ▼52.7%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
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, Diest · 1 establishment unit since 2020
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.
Meidoornstraat(WEB) 253290 DiestGround area
334 m²
Building footprint
122 m²
Volume, LiDAR
616 m³
Parcel 24020B0026/00Y000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SANITAIR EXPRESS
since 20202.307.932.480
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24020B0026/00Y000 | Flanders | 334 m² | 1 · 122 m² | 8.7 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.
Similar companies · same sector, comparable size
SUR-MESURE
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BE 0799.268.815
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WILLEMS SANITAIR
BE 1004.739.262
Ronse · Eq €108k
STOOP-ZELFBOUW
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Van Meerbeeck Dave
BE 0778.929.497
Tienen · Eq €108k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 3,062 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end30-09
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.sanitairexpress.be
E-mail:info@sanitairexpress.be