Sanitas
ActiveSummary
Sanitas has been active since 1961 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102,416 and a net result of €2,044. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 4711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-7
Solvency73▼-13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.94 in 2024; short-term debt: 24.1% and cash: 14.3% of total assets), and 51.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
48.3%
Return on assets
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 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
114 d early
2024
71 d early
2023
135 d early
2022
54 d early
2021
53 d early
2020
52 d early
2019
49 d early
← 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 75 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 21 May (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#1 oldest company in Aarschot, Other services sector
Equity
€102,416▼ 15.6%
2024 · €121,378
Total assets
€212,163▲ 7.2%
2024 · €197,866
Net result
€2,044▼ 84.8%
2024 · €13,440
Working capital
€15,814▼ 60.7%
2024 · €40,207
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€32,976▲ 19.5%€20,038▼ 39.2%€36,866▲ 84.0%€17,740▼ 51.9%€2,699▼ 84.8%
Net result€23,636above the sector's middle half▲ 12.5%€14,340above the sector's middle half▼ 39.3%€26,158above the sector's middle half▲ 82.4%€13,440within the sector's middle half▼ 48.6%€2,044within the sector's middle half▼ 84.8%
Equity€115,834above the sector's middle half▲ 9.2%€119,960above the sector's middle half▲ 3.6%€131,917above the sector's middle half▲ 10.0%€121,378above the sector's middle half▼ 8.0%€102,416above the sector's middle half▼ 15.6%
Total assets€178,915within the sector's middle half▲ 3.7%€168,000within the sector's middle half▼ 6.1%€186,548within the sector's middle half▲ 11.0%€197,866above the sector's middle half▲ 6.1%€212,163above the sector's middle half▲ 7.2%
Debt€63,081▼ 5.2%€48,040▼ 23.8%€54,630▲ 13.7%€76,488▲ 40.0%€109,747▲ 43.5%
Working capital€99,448above the sector's middle half▲ 11.8%€98,190above the sector's middle half▼ 1.3%€113,255above the sector's middle half▲ 15.3%€40,207above the sector's middle half▼ 64.5%€15,814within the sector's middle half▼ 60.7%
Solvency64.7%above the sector's middle half▲ 3.3pp71.4%above the sector's middle half▲ 6.7pp70.7%above the sector's middle half▼ 0.7pp61.3%above the sector's middle half▼ 9.4pp48.3%within the sector's middle half▼ 13.1pp
Current ratio5.10above the sector's middle half▼ 0.187.93above the sector's middle half▲ 2.835.53above the sector's middle half▼ 2.401.94within the sector's middle half▼ 3.591.31within the sector's middle half▼ 0.63
Return on assets (ROA)13.2%within the sector's middle half▲ 1.0pp8.5%within the sector's middle half▼ 4.7pp14.0%above the sector's middle half▲ 5.5pp6.8%within the sector's middle half▼ 7.2pp1.0%within the sector's middle half▼ 5.8pp
Staff (FTE)111=
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212,163
Fixed assets
€145,214 ▲ 26.4%
Current assets
€66,948 ▼ 19.3%
Equity and liabilities €212,163
Equity
€102,416 ▼ 15.6%
Debt
€109,747 ▲ 43.5%
Debt's share of the balance-sheet total rises from 38.7% to 51.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25,847▼
2024 · €32,185
Cash flow
€25,191▼
2024 · €27,885
Quick ratio
0.71▼
2024 · 1.48
Debt to equity
1.07▲
2024 · 0.63
ROE
2.0%▼
2024 · 11.1%
Interest coverage
11.45▼
2024 · 14.65
Debt ≤ 1 year
€51,135▲
2024 · €42,747
Debt > 1 year
€58,612▲
2024 · €33,741
Income taxes
€807▼
2024 · €3,843
Staff costs
€27,183▲
2024 · €5,793
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4,127 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €2,990 | €5,470 | - | €5,793 | €27,183 | ▲ 369% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,770 | €10,369 | €11,246 | €14,445 | €23,148 | ▲ 60.3% |
| Other operating charges640/8 | €1,636 | €2,099 | €1,895 | €1,952 | €1,468 | ▼ 24.8% |
| Gross operating margin9900 | €48,371 | €37,977 | €50,007 | €39,930 | €54,499 | ▲ 36.5% |
| Operating profit (loss)9901 | €32,976 | €20,038 | €36,866 | €17,740 | €2,699 | ▼ 84.8% |
| Financial income75/76B | €321 | €519 | €546 | €1,740 | €2,409 | ▲ 38.5% |
| Recurring financial income75 | €321 | €519 | €546 | €1,740 | €591 | ▼ 66.0% |
| Non-recurring financial income76B | - | - | - | - | €1,818 | - |
| Financial charges65/66B | €1,603 | €968 | €1,618 | €2,198 | €2,258 | ▲ 2.7% |
| Recurring financial charges65 | €1,603 | €968 | €1,618 | €2,198 | €2,258 | ▲ 2.7% |
| Profit (loss) for the period before taxes9903 | €31,693 | €19,590 | €35,794 | €17,282 | €2,851 | ▼ 83.5% |
| Income taxes67/77 | €8,058 | €5,249 | €9,636 | €3,843 | €807 | ▼ 79.0% |
| Profit (loss) for the period9904 | €23,636 | €14,340 | €26,158 | €13,440 | €2,044 | ▼ 84.8% |
| Profit (loss) for the period to be appropriated9905 | €23,636 | €14,340 | €26,158 | €13,440 | €2,044 | ▼ 84.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €178,915 | €168,000 | €186,548 | €197,866 | €212,163 | ▲ 7.2% |
| Fixed assets21/28 | €55,220 | €55,651 | €48,295 | €114,911 | €145,214 | ▲ 26.4% |
| Tangible fixed assets22/27 | €55,220 | €55,651 | €48,295 | €114,911 | €145,214 | ▲ 26.4% |
| Land and buildings22 | €37,865 | €43,400 | €37,224 | €56,345 | €46,688 | ▼ 17.1% |
| Plant, machinery and equipment23 | €16,105 | €11,598 | €11,016 | €58,567 | €51,303 | ▼ 12.4% |
| Furniture and vehicles24 | €1,087 | €543 | - | - | €47,224 | - |
| Other tangible fixed assets26 | €163 | €109 | €54 | - | - | - |
| Current assets29/58 | €123,695 | €112,350 | €138,253 | €82,954 | €66,948 | ▼ 19.3% |
| Stocks and contracts in progress3 | €20,395 | €21,636 | €18,736 | €19,677 | €30,557 | ▲ 55.3% |
| Stocks30/36 | €20,395 | €21,636 | €18,736 | €19,677 | €30,557 | ▲ 55.3% |
| Amounts receivable within one year40/41 | €95 | €695 | €384 | €9,134 | €6,082 | ▼ 33.4% |
| Trade receivables40 | - | €672 | - | €624 | €196 | ▼ 68.6% |
| Other amounts receivable41 | €95 | €23 | €384 | €8,511 | €5,886 | ▼ 30.8% |
| Current investments50/53 | - | - | €40,000 | - | - | - |
| Cash at bank and in hand54/58 | €103,206 | €89,741 | €79,133 | €54,143 | €30,310 | ▼ 44.0% |
| Deferred charges and accrued income490/1 | - | €278 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €178,915 | €168,000 | €186,548 | €197,866 | €212,163 | ▲ 7.2% |
| Equity10/15 | €115,834 | €119,960 | €131,917 | €121,378 | €102,416 | ▼ 15.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €97,242 | €101,368 | €113,325 | €102,786 | €83,824 | ▼ 18.4% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | €95,383 | €99,509 | €113,325 | €102,786 | €83,824 | ▼ 18.4% |
| Amounts payable17/49 | €63,081 | €48,040 | €54,630 | €76,488 | €109,747 | ▲ 43.5% |
| Amounts payable after more than one year17 | €38,834 | €33,880 | €29,632 | €33,741 | €58,612 | ▲ 73.7% |
| Financial debts170/4 | €38,834 | €33,880 | €29,632 | €33,741 | €58,612 | ▲ 73.7% |
| Amounts payable within one year42/48 | €24,247 | €14,160 | €24,998 | €42,747 | €51,135 | ▲ 19.6% |
| Current portion of amounts payable after more than one year42 | €6,926 | €4,894 | €4,566 | €9,699 | €18,641 | ▲ 92.2% |
| Trade debts44 | €580 | €546 | €1,670 | €6,676 | €79 | ▼ 98.8% |
| Suppliers440/4 | €580 | €546 | €1,670 | €6,676 | €79 | ▼ 98.8% |
| Taxes, remuneration and social security45 | €3,333 | €760 | €2,593 | €2,833 | €7,555 | ▲ 167% |
| Taxes450/3 | €3,333 | €760 | €2,593 | €2,833 | €4,349 | ▲ 53.5% |
| Remuneration and social security454/9 | - | - | - | - | €3,206 | - |
| Other amounts payable47/48 | €13,408 | €7,960 | €16,169 | €23,540 | €24,859 | ▲ 5.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,636 | €14,340 | €26,158 | €13,440 | €2,044 | ▼ 84.8% |
| + Depreciation and write-downs630 | €10,770 | €10,369 | €11,246 | €14,445 | €23,148 | ▲ 60.3% |
| Operating cash flow (approximation) | €34,406 | €24,710 | €37,404 | €27,885 | €25,191 | ▼ 9.7% |
| Investment in fixed assets (approximation) | - | -€10,800 | -€3,890 | -€81,061 | -€53,451 | ▲ 34.1% |
| Change in cash | - | -€13,465 | -€10,608 | -€24,990 | -€23,834 | ▲ 4.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €2,044 ▼84.8%
Net result drops to €2,044, the lowest in the series.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €26,158 ▲82.4%
Operating result €36,866, net result €26,158, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €106,065 ▲24.7%
3 profitable years in a row build equity to €106,065.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Aarschot · 1 establishment unit since 1976
Ground area
313 m²
Building footprint
512 m²
Volume, LiDAR
2,240 m³
Parcel 24029C0019/00W003, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Oude Steenweg 7, 3200 Aarschot
since 19762.012.462.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24029C0019/00W003 | Flanders | 313 m² | 1 · 512 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 2,945 EUR awarded · 2,945 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 945 EUR | 945 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
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Of 6,710 companies in sector 96230 we hold annual accounts for 628. 444 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-05-1961
Fiscal year end31-12
Abbreviation NL
Heulabel
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
96230Day spas, saunas and steam baths
E-invoicing
Reachable via Peppol
Peppol ID
0208:0403072216
Registered
09-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.