Skip to content

SANITEAM

Active
Private limited companyfounded 200521 yrs activeElsbrug 1, 9260 Wichelen, BelgiumKBO/BCE: BE 0872.886.271
Summary

SANITEAM has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184,989 and a net result of -€4,238. Equity remains stable across the filed fiscal years (±2.1% per year). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability32▼-4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
short-term debt: 0.2% and cash: 8.5% of total assets, and 0.2% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 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 · 10 filings
Deviation from the deadline
2025
46 d late
2024
21 d late
2023
61 d late
2022
25 d late
2021
309 d late
2020
674 d late
2019
797 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 276 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 15 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 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

History

SANITEAM was incorporated on 1 April 2005.1 Total assets fell from EUR 240,345 in 2019 to EUR 185,284 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€184,989▼ 2.2%
2024 · €189,227
Total assets
€185,284▼ 13.4%
2024 · €213,887
Net result
-€4,238▼ 274%
2024 · -€1,133
Working capital
€184,989▼ 10.5%
2024 · €206,727
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€222-€979▼ 341%-€1,666▼ 70.2%-€1,062▲ 36.2%€2,210
Net result-€434-€14,967▼ 3,348%-€1,742▲ 88.4%-€1,133▲ 35.0%-€4,238▼ 274%
Equity€207,068▼ 0.2%€192,102▼ 7.2%€190,360▼ 0.9%€189,227▼ 0.6%€184,989▼ 2.2%
Total assets€233,395▼ 0.3%€219,101▼ 6.1%€214,876▼ 1.9%€213,887▼ 0.5%€185,284▼ 13.4%
Debt€26,327▼ 1.3%€26,999▲ 2.6%€24,516▼ 9.2%€24,660▲ 0.6%€295▼ 98.8%
Working capital€224,568▼ 0.2%€209,602▼ 6.7%€207,860▼ 0.8%€206,727▼ 0.5%€184,989▼ 10.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2021: -€222-€222Net result 2021: -€434-€434Operating result 2022: -€979-€979Net result 2022: -€14,967-€14,967Operating result 2023: -€1,666-€1,666Net result 2023: -€1,742-€1,742Operating result 2024: -€1,062-€1,062Net result 2024: -€1,133-€1,133Operating result 2025: €2,210€2,210Net result 2025: -€4,238-€4,23820212022202320242025-€6,000-€4,000-€2,000€0€2,000Operating result 2023: -€1,666-€1,670Net result 2023: -€1,742-€1,740Operating result 2024: -€1,062-€1,060Net result 2024: -€1,133-€1,130Operating result 2025: €2,210€2,210Net result 2025: -€4,238-€4,240202320242025
The operating result returns to profit in 2025: €2,210 after a loss of €1,062 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €185,284
Equity €184,989 ▼ 2.2%
Debt €295 ▼ 98.8%
Debt's share of the balance-sheet total falls from 11.5% to 0.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.00▼
2024 · 0.13
ROE
-2.3%▼
2024 · -0.6%
ROA
-2.3%▼
2024 · -0.5%
Debt ≤ 1 year
€295▼
2024 · €7,160
Income taxes
€6,112
A ratio outside any meaningful range has been withheld (balance sheet total €185,284, equity €184,989).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,321 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€213,887€185,284▼
Current assets29/58€213,887€185,284▼
Amounts receivable after more than one year29€11,781€0▼
Other amounts receivable291€11,781€0▼
Amounts receivable within one year40/41€185,712€169,481▼
Trade receivables40€33,198€33,198=
Other amounts receivable41€152,514€136,283▼
Cash at bank and in hand54/58€16,014€15,802▼
Deferred charges and accrued income490/1€379€0▼
Equity and liabilities
Total equity and liabilities10/49€213,887€185,284▼
Equity10/15€189,227€184,989▼
Contributions10/11€96,201€98,061▲
Reserves13€136,151€134,291▼
Non-distributable reserves130/1€2,714€0▼
Reserves not available under the articles1311€2,714€0▼
Distributable reserves133€133,437€134,291▲
Profit (loss) carried forward14-€43,125-€47,363▼
Amounts payable17/49€24,660€295▼
Amounts payable within one year42/48€7,160€295▼
Trade debts44€1,460€295▼
Suppliers440/4€1,460€295▼
Taxes, remuneration and social security45€2,562€0▼
Taxes450/3€2,562€0▼
Other amounts payable47/48€3,138€0▼
Accrued charges and deferred income492/3€17,500€0▼
Income statement Code20242025
Other operating charges640/8€1,062€16,856▲
Gross operating margin9900-€19,065
Operating profit (loss)9901-€1,062€2,210▲
Financial charges65/66B€71€336▲
Recurring financial charges65€71€336▲
Profit (loss) for the period before taxes9903-€1,133€1,874▲
Income taxes67/77-€6,112
Profit (loss) for the period9904-€1,133-€4,238▼
Profit (loss) for the period to be appropriated9905-€1,133-€4,238▼
Appropriation of the result
Profit (loss) to be appropriated9906-€43,125-€47,363▼
Profit (loss) brought forward from the previous period14P-€41,992-€43,125▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€120€405€1,381€1,062€16,856▲ 1,487%
Gross operating margin9900-€102-€574-€285-€19,065-
Operating profit (loss)9901-€222-€979-€1,666-€1,062€2,210▲ 308%
Financial charges65/66B€212€110€76€71€336▲ 376%
Recurring financial charges65€146€110€76€71€336▲ 376%
Non-recurring financial charges66B€66-----
Profit (loss) for the period before taxes9903-€434-€1,089-€1,742-€1,133€1,874▲ 265%
Income taxes67/77-€13,878--€6,112-
Profit (loss) for the period9904-€434-€14,967-€1,742-€1,133-€4,238▼ 274%
Profit (loss) for the period to be appropriated9905-€434-€14,967-€1,742-€1,133-€4,238▼ 274%
Line20212022202320242025Change
Assets
Total assets20/58€233,395€219,101€214,876€213,887€185,284▼ 13.4%
Current assets29/58€233,395€219,101€214,876€213,887€185,284▼ 13.4%
Amounts receivable after more than one year29€11,781€11,781€11,781€11,781€0▼ 100%
Trade receivables290€11,781-----
Other amounts receivable291-€11,781€11,781€11,781€0▼ 100%
Amounts receivable within one year40/41€210,979€196,685€183,613€185,712€169,481▼ 8.7%
Trade receivables40€33,198€33,198€33,198€33,198€33,198=
Other amounts receivable41€177,781€163,487€150,415€152,514€136,283▼ 10.6%
Cash at bank and in hand54/58€10,256€10,256€19,102€16,014€15,802▼ 1.3%
Deferred charges and accrued income490/1€379€379€379€379€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€233,395€219,101€214,876€213,887€185,284▼ 13.4%
Equity10/15€207,068€192,102€190,360€189,227€184,989▼ 2.2%
Contributions10/11€96,201€96,201€96,201€96,201€98,061▲ 1.9%
Capital10€96,201€96,201€96,201---
Issued capital100€108,600€108,600€108,600---
Uncalled capital101€12,399€12,399€12,399---
Reserves13€136,151€136,151€136,151€136,151€134,291▼ 1.4%
Non-distributable reserves130/1€2,714€2,714€2,714€2,714€0▼ 100%
Legal reserve130€2,714€2,714€2,714---
Reserves not available under the articles1311---€2,714€0▼ 100%
Distributable reserves133€133,437€133,437€133,437€133,437€134,291▲ 0.6%
Profit (loss) carried forward14-€25,284-€40,251-€41,992-€43,125-€47,363▼ 9.8%
Amounts payable17/49€26,327€26,999€24,516€24,660€295▼ 98.8%
Amounts payable within one year42/48€8,827€9,499€7,016€7,160€295▼ 95.9%
Trade debts44€1,316€1,316€1,316€1,460€295▼ 79.8%
Suppliers440/4€1,316€1,316€1,316€1,460€295▼ 79.8%
Taxes, remuneration and social security45€7,378€5,045€2,562€2,562€0▼ 100%
Taxes450/3€7,378€5,045€2,562€2,562€0▼ 100%
Other amounts payable47/48€133€3,138€3,138€3,138€0▼ 100%
Accrued charges and deferred income492/3€17,500€17,500€17,500€17,500€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904-€434-€14,967-€1,742-€1,133-€4,238▼ 274%
Operating cash flow (approximation)-€434-€14,967-€1,742-€1,133-€4,238▼ 274%
Change in cash-€0€8,846-€3,088-€212▲ 93.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
2025
31-12
Financial Liquidity times 21current ratio 629.15
Current ratio from 29.87 to 629.15; short-term debt falls from €7,160 to €295.
21-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
05-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 309 days late
05-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 674 days late
2022
31-12
Financial Weakest financial yearnet -€14,967
Net result drops to -€14,967, the lowest in the series; recovery starts the following year.
06-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 797 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2014
28-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wichelen · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
612 m²
Building footprint
392 m²
Volume, LiDAR
3,175 m³
Parcel 42026B1902/00T000, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Saniteam
Elsbrug 1, 9260 WichelenNACE 45331
since 20052.147.313.942
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42026B1902/00T000 Flanders 612 m² 1 · 392 m² 9.9 m · 3 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.

Company details

Identification
Legal formPrivate limited company
Founded01-04-2005
Fiscal year end31-12
Contact
Phone 052/42 43 57Wichelen
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.