SANITOS
InactiveSANITOS was declared bankrupt on 14-12-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 14-02-2023, published in the Belgian State Gazette on 20-02-2023.
Summary
Inactive; last annual accounts for fiscal year 2017.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 11-09-2018, 42 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2017, micro schema
Equity
-€3,226
2016 · €10,156
Total assets
€23,558▼ 13.4%
2016 · €27,187
Net result
-€13,382▲ 37.1%
2016 · -€21,271
Working capital
-€3,993
2016 · €8,226
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result€7,104-€7,583▲ 6.7%€10,188▲ 34.4%-€20,896-€12,065▲ 42.3%
Net result€4,993-€5,111▲ 2.4%€7,361▲ 44.0%-€21,271-€13,382▲ 37.1%
Equity€18,955-€24,066▲ 27.0%€31,427▲ 30.6%€10,156▼ 67.7%-€3,226
Total assets€31,551-€38,142▲ 20.9%€46,394▲ 21.6%€27,187▼ 41.4%€23,558▼ 13.4%
Debt€12,596-€14,076▲ 11.7%€14,967▲ 6.3%€17,031▲ 13.8%€26,784▲ 57.3%
Working capital€18,558-€23,669▲ 27.5%€31,030▲ 31.1%€8,226▼ 73.5%-€3,993
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,065 in 2017 against €20,896 in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €23,558
Fixed assets
€767 ▼ 60.3%
Current assets
€22,791 ▼ 9.8%
Key figures and ratios
EBITDA
-€11,298▲
2016 · -€20,130
Cash flow
-€12,615▲
2016 · -€20,504
Solvency
-13.7%▼
2016 · 37.4%
Current ratio
0.85▼
2016 · 1.48
ROA
-56.8%▲
2016 · -78.2%
Debt ≤ 1 year
€26,784▲
2016 · €17,031
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,096 | - | - | €767 | €767 | = |
| Gross operating margin9900 | €9,329 | €8,827 | €13,086 | -€18,734 | -€10,246 | ▲ 45.3% |
| Operating profit (loss)9901 | €7,104 | €7,583 | €10,188 | -€20,896 | -€12,065 | ▲ 42.3% |
| Recurring financial income75 | €465 | €0 | €0 | €187 | - | - |
| Recurring financial charges65 | €895 | €968 | €525 | €562 | €1,318 | ▲ 134% |
| Profit (loss) for the period before taxes9903 | €6,564 | €6,616 | €9,664 | -€21,271 | -€13,382 | ▲ 37.1% |
| Income taxes67/77 | €1,571 | €1,504 | €2,303 | - | - | - |
| Profit (loss) for the period9904 | €4,993 | €5,111 | €7,361 | -€21,271 | -€13,382 | ▲ 37.1% |
| Profit (loss) for the period to be appropriated9905 | €4,993 | €5,111 | €7,361 | -€21,271 | -€13,382 | ▲ 37.1% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31,551 | €38,142 | €46,394 | €27,187 | €23,558 | ▼ 13.4% |
| Fixed assets21/28 | €397 | €397 | €397 | €1,930 | €767 | ▼ 60.3% |
| Tangible fixed assets22/27 | - | - | - | €1,533 | €767 | ▼ 50.0% |
| Financial fixed assets28 | €397 | €397 | €397 | €397 | - | - |
| Current assets29/58 | €31,154 | €37,745 | €45,997 | €25,257 | €22,791 | ▼ 9.8% |
| Amounts receivable within one year40/41 | €23,860 | €34,209 | €43,778 | €18,340 | €17,867 | ▼ 2.6% |
| Cash at bank and in hand54/58 | €7,294 | €3,536 | €2,220 | €6,917 | €4,637 | ▼ 33.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31,551 | €38,142 | €46,394 | €27,187 | €23,558 | ▼ 13.4% |
| Equity10/15 | €18,955 | €24,066 | €31,427 | €10,156 | -€3,226 | ▼ 132% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €123 | €5,474 | €12,835 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €240 | -€4,753 | €240 | -€10,295 | -€23,677 | ▼ 130% |
| Amounts payable17/49 | €12,596 | €14,076 | €14,967 | €17,031 | €26,784 | ▲ 57.3% |
| Amounts payable within one year42/48 | €12,596 | €14,076 | €14,967 | €17,031 | €26,784 | ▲ 57.3% |
| Trade debts44 | €9,000 | €8,181 | €8,561 | €11,192 | €14,266 | ▲ 27.5% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,993 | €5,111 | €7,361 | -€21,271 | -€13,382 | ▲ 37.1% |
| + Depreciation and write-downs630 | €1,096 | - | - | €767 | €767 | = |
| Operating cash flow (approximation) | €6,089 | €5,111 | €7,361 | -€20,504 | -€12,615 | ▲ 38.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,300 | €397 | ▲ 117% |
| Change in cash | - | -€3,758 | -€1,317 | €4,698 | -€2,281 | ▼ 149% |
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
2023
20-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-02-2023
2021
20-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-12-2021
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 42 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
31-12
Financial
Weakest financial yearnet -€21,271
Net result drops to -€21,271, the lowest in the series.
19-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 50 days late
2015
31-12
Financial
Highest result since 2013net €7,361 ▲44%
Operating result €10,188, net result €7,361, both a record.
05-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 66 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
14-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
17-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 17 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 179 days late
2004
18-10
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema · 79 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS DEBAENE KONINKLIJKE LAAN 60,
2600 BERCHEM (ANTWERPEN) |
14-12-2021 → 14-02-2023 |