"SANITHO"
ActiveSummary
The computed 12-month bankruptcy probability of "SANITHO" is 3.0% (moderate). The 2024 annual accounts show equity of €12,224 and a net result of -€6,901. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 1765 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-33
Solvency81▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.21 against 2.39 in 2023; short-term debt: 44.4% and cash: 18% of total assets), and 44.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.6%
Return on assets
-31.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€6,901
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
12 d early
2022
28 d early
2021
41 d early
2020
4 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,901▼ 557%
2023 · -€1,051
Working capital
€11,839▼ 34.0%
2023 · €17,949
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage 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
Line20202021202220232024
Operating result€12,485▲ 480%€6,621▼ 47.0%€8,372▲ 26.4%€1,372▼ 83.6%-€5,991
Net result€9,598within the sector's middle half▲ 534%€4,069within the sector's middle half▼ 57.6%€4,993within the sector's middle half▲ 22.7%-€1,051within the sector's middle half-€6,901within the sector's middle half▼ 557%
Equity€11,113within the sector's middle half▲ 634%€15,183within the sector's middle half▲ 36.6%€20,176within the sector's middle half▲ 32.9%€19,125within the sector's middle half▼ 5.2%€12,224within the sector's middle half▼ 36.1%
Total assets€21,420below the sector's middle half▲ 223%€29,646below the sector's middle half▲ 38.4%€43,770below the sector's middle half▲ 47.6%€32,063below the sector's middle half▼ 26.7%€21,995below the sector's middle half▼ 31.4%
Debt€10,307▲ 102%€14,463▲ 40.3%€23,594▲ 63.1%€12,939▼ 45.2%€9,772▼ 24.5%
Working capital€11,013within the sector's middle half▲ 500%€15,083within the sector's middle half▲ 37.0%€19,618within the sector's middle half▲ 30.1%€17,949within the sector's middle half▼ 8.5%€11,839within the sector's middle half▼ 34.0%
Solvency51.9%within the sector's middle half▲ 29.0pp51.2%within the sector's middle half▼ 0.7pp46.1%within the sector's middle half▼ 5.1pp59.6%above the sector's middle half▲ 13.6pp55.6%above the sector's middle half▼ 4.1pp
Current ratio2.07within the sector's middle half▲ 0.682.04within the sector's middle half▼ 0.031.83above the sector's middle half▼ 0.212.39above the sector's middle half▲ 0.562.21above the sector's middle half▼ 0.18
Return on assets (ROA)44.8%above the sector's middle half▲ 21.9pp13.7%within the sector's middle half▼ 31.1pp11.4%within the sector's middle half▼ 2.3pp-3.3%within the sector's middle half▼ 14.7pp-31.4%below the sector's middle half▼ 28.1pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5,991 after €1,372 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21,995
Fixed assets
€385 ▼ 67.3%
Current assets
€21,610 ▼ 30.0%
Equity and liabilities €21,995
Equity
€12,224 ▼ 36.1%
Debt
€9,772 ▼ 24.5%
Debt's share of the balance-sheet total rises from 40.4% to 44.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,200▼
2023 · €2,085
Cash flow
-€6,110▼
2023 · -€339
Debt to equity
0.80▲
2023 · 0.68
ROE
-56.5%▼
2023 · -5.5%
Interest coverage
-6.93▼
2023 · 2.25
Debt ≤ 1 year
€9,772▼
2023 · €12,939
Income taxes
€177▼
2023 · €1,545
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.0% 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 497,662 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 5,836 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €42 | €712 | €791 | ▲ 11.0% |
| Other operating charges640/8 | - | - | €632 | €2,083 | - | - |
| Gross operating margin9900 | €12,485 | €6,621 | €9,046 | €4,167 | -€5,200 | ▼ 225% |
| Operating profit (loss)9901 | €12,485 | €6,621 | €8,372 | €1,372 | -€5,991 | ▼ 537% |
| Financial income75/76B | - | - | €0 | €48 | €17 | ▼ 64.2% |
| Recurring financial income75 | €9 | - | €0 | €48 | €17 | ▼ 64.2% |
| Financial charges65/66B | - | €447 | €481 | €927 | €750 | ▼ 19.1% |
| Recurring financial charges65 | €1,445 | €447 | €481 | €927 | €750 | ▼ 19.1% |
| Profit (loss) for the period before taxes9903 | €11,049 | €6,174 | €7,891 | €494 | -€6,724 | ▼ 1,461% |
| Income taxes67/77 | €1,451 | €2,105 | €2,898 | €1,545 | €177 | ▼ 88.5% |
| Profit (loss) for the period9904 | €9,598 | €4,069 | €4,993 | -€1,051 | -€6,901 | ▼ 557% |
| Profit (loss) for the period to be appropriated9905 | €9,598 | €4,069 | €4,993 | -€1,051 | -€6,901 | ▼ 557% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,420 | €29,646 | €43,770 | €32,063 | €21,995 | ▼ 31.4% |
| Fixed assets21/28 | €100 | €100 | €558 | €1,176 | €385 | ▼ 67.3% |
| Tangible fixed assets22/27 | - | - | €458 | €1,076 | €285 | ▼ 73.5% |
| Plant, machinery and equipment23 | - | - | - | €309 | €227 | ▼ 26.7% |
| Furniture and vehicles24 | - | - | €458 | €767 | €58 | ▼ 92.4% |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €21,320 | €29,546 | €43,212 | €30,888 | €21,610 | ▼ 30.0% |
| Amounts receivable within one year40/41 | €18,657 | €21,793 | €37,350 | €27,310 | €17,641 | ▼ 35.4% |
| Trade receivables40 | - | €21,793 | €37,350 | €27,310 | €17,641 | ▼ 35.4% |
| Cash at bank and in hand54/58 | €2,663 | €7,753 | €5,862 | €3,578 | €3,969 | ▲ 10.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,420 | €29,646 | €43,770 | €32,063 | €21,995 | ▼ 31.4% |
| Equity10/15 | €11,113 | €15,183 | €20,176 | €19,125 | €12,224 | ▼ 36.1% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €658 | €658 | €658 | €658 | €658 | = |
| Non-distributable reserves130/1 | - | €658 | €658 | €658 | €658 | = |
| Reserves not available under the articles1311 | - | €658 | €658 | €658 | €658 | = |
| Profit (loss) carried forward14 | -€8,137 | -€4,067 | €926 | -€125 | -€7,026 | ▼ 5,522% |
| Amounts payable17/49 | €10,307 | €14,463 | €23,594 | €12,939 | €9,772 | ▼ 24.5% |
| Amounts payable within one year42/48 | €10,307 | €14,463 | €23,594 | €12,939 | €9,772 | ▼ 24.5% |
| Trade debts44 | €3,519 | €8,332 | €10,669 | €3,857 | €5,506 | ▲ 42.8% |
| Suppliers440/4 | - | €8,332 | €10,669 | €3,857 | €5,506 | ▲ 42.8% |
| Taxes, remuneration and social security45 | - | €6,131 | €11,180 | €9,082 | €3,720 | ▼ 59.0% |
| Taxes450/3 | - | €6,131 | €10,430 | €6,794 | €170 | ▼ 97.5% |
| Remuneration and social security454/9 | - | - | €750 | €2,288 | €3,550 | ▲ 55.2% |
| Other amounts payable47/48 | - | - | €1,745 | - | €546 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,598 | €4,069 | €4,993 | -€1,051 | -€6,901 | ▼ 557% |
| + Depreciation and write-downs630 | - | - | €42 | €712 | €791 | ▲ 11.0% |
| Operating cash flow (approximation) | €9,598 | €4,069 | €5,035 | -€339 | -€6,110 | ▼ 1,704% |
| Investment in fixed assets (approximation) | - | €0 | -€500 | -€1,330 | €0 | ▲ 100% |
| Change in cash | - | €5,090 | -€1,891 | -€2,284 | €391 | ▲ 117% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €9,598 ▲534%
Operating result €12,485, net result €9,598, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €1,515
Net result €1,515 after one loss-making year.
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 415 days late
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Sint-Jans-Molenbeek · 1 establishment unit since 1993
Ground area
246 m²
Building footprint
270 m²
Volume, LiDAR
715 m³
2 parcels, Brussels, Wallonia · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
FERME DE LA CROISETTE SPRL
since 19932.061.658.487
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0232/00D005 | Brussels | 131 m² | 1 · 136 m² | 12.2 m · 2 fl. |
| 25050B0102/00M000 | Wallonia | 116 m² | 1 · 135 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,501 companies in sector 56210 we hold annual accounts for 2,452. 1,613 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
Founded08-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
47251Retail sale of wines and spirits
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449682595
Also
9925:BE0449682595
Registered
19-12-2025
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.