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SANITEC

Active Private limited companyfounded 1999active for 27 yearsElsbrug 1, 9260 WichelenKBO/BCE: BE 0467.110.131

Lifetime

16 annual accounts with figures on one time axis, 24 filings since 2000
peak €238,863 (2012)
€16,065▲ €35,852
lowest -€43,234 (2025)
-€43,234▼ €10,723
peak €266,189 (2019)
€116,912▼ 27.0%
€168,847▼ 26.4%
peak 2 FTE (2008)
-not published
Board2 names since 2013
2 directors and 1 other
Documentsfilings and deeds
15-09-202646 days late
2025micro format
Gross margin from -€19,786 to €16,065Loss of €43,234Equity from €160,146 to €116,912Debts from €229,263 to €168,847Cash from €11,603 to €18,127

Key points

from the 2025 annual accounts

Equity

€116,912 from €266,189 in 2019

Equity fell by 56% in 6 years.

Losses

-€75,746 in two years
-32,5122024-43,2342025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Position in the sector

-€43,234

Lower net result than 95% of companies in specialised construction. Sector median €9,996 · 37,253 companies.

2025 accounts filed 46 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,843 companies had the same profile as SANITEC has now. Each dot stands for 15 companies, two years later.

84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,843 companies, not a prediction for SANITEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0467110131
Changes of role: (director) and (director) Director discharge: · Director discharge: · Gazette deed
First establishment SANILEC, Elsbrug 1, Wichelen
All 35 events

Comparable companies

same main activity, similar in size and age
Company
SANITEC Wichelen €285,759 €16,065 40.9% -
DE CUYPER ALAIN Sint-Pieters-Leeuw €257,891 €17,900 79.9% -
GUIDO PIETERS Waasmunster €333,538 €15,712 99.9% -
CARLIER KURT Sint-Niklaas €219,460 €14,266 31.0% -
LEO CHRISTIAN Londerzeel €356,665 €12,235 89.0% -
WAUQUAIRE Frères Florennes €375,763 €16,748 87.5% -
R.M.S. Auderghem €193,816 €15,909 98.6% -

These companies have the same main activity as SANITEC: plumbing work (NACE 43221). They are comparable in size and age: total assets between €194,000 and €376,000, founded between 1992 and 2003.

Official details

Source: KBO
Status
Active since 20-10-1999Normal situation
Activity
Plumbing workNACE 43221and 1 other
Establishment unit
2.093.039.6709260 Wichelen, since 06-12-1999
Financial year end
31 December
Peppol
Reachable since 20-11-2025
Company details

Annual accounts 2025

≈ €160,000estimated
€285,759▼ 26.6%
Filing
Filed on 15-09-2026
Financials

Insights on SANITEC

SANITEC files the micro format. That format states no turnover. The gross margin fell from €86,929 in 2008 to €16,065 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SANITEC

What is the company number of SANITEC?
The company number of SANITEC is 0467.110.131. The VAT number is the same number with BE in front: BE 0467.110.131.
Where is SANITEC based?
The registered office is at Elsbrug 1, 9260 Wichelen.Company details
What does SANITEC do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of SANITEC?
SANITEC is a private limited company (BV).
When was SANITEC founded?
SANITEC was founded on 20-10-1999.
Is SANITEC still active?
Yes, SANITEC is an active enterprise in the KBO register.
What is the turnover of SANITEC?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €16,065 and 41 comparable companies (NACE 43221). It probably lies between €100,000 and €300,000. It is a rough estimate.Financials
Is SANITEC profitable?
In financial year 2025, SANITEC made a loss of €43,234.
Where can I find the annual accounts of SANITEC?
SANITEC filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SANITEC due?
SANITEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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