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SANITAIR MICHIELS

Active
Private limited companyfounded 2008active for 18 yearsPrins Boudewijnlaan 7D, 2550 Kontich, BelgiumKBO/BCE: BE 0899.176.736
Summary

SANITAIR MICHIELS has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295,203 and a net result of €24,612. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 56% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-06-2008 Normal situation
Registered office
12 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Plumbing work NACE 43221and 1 other
Establishment unit
2.178.246.549 2550 Kontich, since 10-07-2008
Financial year end
31 December
Peppol
Reachable since 26-11-2024

Board and ownership

Board

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€50,405
▼ 34.1%
Turnover
≈ €200,000
estimated
Profit
€24,612
▼ 40.6%
Equity
€295,203
▲ 9.1%
Total assets
€572,322
▲ 29.6%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.84, cash €33,283, halvedlowers riskSize: total assets €572,322Founded in 2008Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 77-9
equity 51.6% of total assets
Liquidity 48-27
short-term debt 24.9% · cash 5.8%
Profitability 74-6
return on assets 4.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.84 (10.7 in 2024), above the usual 1.5. Short-term debt is 24.9% and cash 5.8% of total assets. 48.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 56% of them on solvency, 39% on liquidity, 47% on profitability and 54% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €572,322
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.84, cash €33,283, halved
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
6 days early
2023
5 days early
2022
11 days early
2021
11 days early
2020
31 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 90% of companies in specialised constructionsector median €57,775 · 34,958 companies €295,203 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €24,612 8 years View

Recent changes

  1. · Gazette deed Purpose · Amendment of the articles
  2. · Gazette deed Change of role: Michiels Stéphane, from manager to director
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as SANITAIR MICHIELS: plumbing work (NACE 43221). They are comparable in size and age: total assets between €408,000 and €704,000, founded between 2004 and 2013.

CompanyTotal assetsGross margin
SANITAIR MICHIELS Kontich€572,322€50,405
VAN MAERREM Deerlijk€534,523€41,681
ANDRES VERWARMING EN SANITAIR Temse€569,877€43,007
Frederik Quirynen Brasschaat€703,857€45,306
RENOFLEX Mol€441,809€66,931
TEUNEN Antwerpen€407,878€49,931
BAVACO PROJECTS Olen€605,024€55,697
Full comparison

Key facts about SANITAIR MICHIELS

What is the company number of SANITAIR MICHIELS?
The company number of SANITAIR MICHIELS is 0899.176.736. The VAT number is the same number with BE in front: BE 0899.176.736.
Where is SANITAIR MICHIELS based?
The registered office is at Prins Boudewijnlaan 7D, 2550 Kontich.Company details
What does SANITAIR MICHIELS do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of SANITAIR MICHIELS?
The legal form of SANITAIR MICHIELS is Private limited company (BV).
When was SANITAIR MICHIELS founded?
SANITAIR MICHIELS was founded on 27-06-2008.
Is SANITAIR MICHIELS still active?
Yes, SANITAIR MICHIELS is an active enterprise in the KBO register.
What is the turnover of SANITAIR MICHIELS?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €50,405 and 106 comparable companies (NACE 432). It probably lies between €140,000 and €290,000.Financials
Is SANITAIR MICHIELS profitable?
In financial year 2025, SANITAIR MICHIELS made a profit of €24,612.
Where can I find the annual accounts of SANITAIR MICHIELS?
SANITAIR MICHIELS filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SANITAIR MICHIELS due?
SANITAIR MICHIELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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