Debts
€29,038 77% of the balance sheet
Financial debts 6%Suppliers 62%Taxes and wages 7%Other 26%
SANIWARM
Lifetime
1 annual account with figurespeak €10,887 (2024)
€10,887
peak €5,853 (2024)
€5,853
peak €8,853 (2024)
€8,853
€29,038
Board1 name since 2024
1 directorUFKIR Mohamed
Documentsfilings and deeds
05-08-20255 days late
2024micro format
Incorporation 13-031 establishment registeredFirst year with figures
Key points
from the 2024 annual accountsAt the same address
682 companies
Position in the sector
€8,853
Less equity than 84% of companies in specialised construction. Sector median €58,287 · 35,973 companies.
2024 accounts filed 5 days after the deadline
Checked score
37
Weak
Financially stronger than 36% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.9%lowest value
05-2025: 1.9%● unchanged vs 04-2025
06-2025: 2.0%▲ +0.1 percentage points vs 05-2025
07-2025: 2.4%▲ +0.4 percentage points vs 06-2025
08-2025: 2.4%● unchanged vs 07-2025
09-2025: 2.5%▲ +0.1 percentage points vs 08-2025
10-2025: 2.7%▲ +0.2 percentage points vs 09-2025
11-2025: 2.7%● unchanged vs 10-2025
12-2025: 2.7%● unchanged vs 11-2025
01-2026: 2.7%● unchanged vs 12-2025
02-2026: 2.7%● unchanged vs 01-2026
03-2026: 2.8%▲ +0.1 percentage points vs 02-2026
04-2026: 3.0%▲ +0.2 percentage points vs 03-2026
05-2026: 3.0%● unchanged vs 04-2026
06-2026: 3.0%● unchanged vs 05-2026
07-2026: 3.1%▲ +0.1 percentage points vs 06-2026
08-2026: 3.6%▲ +0.5 percentage points vs 07-2026
09-2026: 3.8%▲ +0.2 percentage points vs 08-2026
10-2026: 5.0%▲ +1.2 percentage points vs 09-2026highest value
11-2026: 5.0%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 07-08-2025)
Founded in 2024
1 financial year not filed after the legal deadline; last filed accounts filed 5 days late
Size: total assets €37,891
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 25% of them on solvency, 10% on liquidity and 73% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as SANIWARM has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SANIWARM itself is higher: 5.0% within 12 months. It rests on far more data about SANIWARM than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,976 companies, not a prediction for SANIWARM. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.07, below the usual 1.5. Short-term debt is 76.6% and cash 7.3% of total assets. 76.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 35956 sector peers (2024).
NBB · sector comparisonPosition among 35956 sector peers
Solvency
better than 25%
← weakest
strongest →
raises risk · 2024 accounts filed 5 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
5 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 5 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1006964819
First establishment
Jetsesteenweg 188, Koekelberg
Incorporation
Founding capital of €10,000, 100 shares · Founder: UFKIR Mohamed (comparant/oprichter) · Appointment: UFKIR Mohamed (director) · published on 13-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SANIWARM Zaventem | €37,891 | €10,887 | 23.4% | - |
| SAB INSTALLATION Bruges | €40,799 | €9,796 | 24.2% | - |
| 3smans Lochristi | €38,054 | €9,811 | -2.2% | - |
| XEKA-M Wezembeek-Oppem | €31,776 | €15,767 | 72.4% | - |
| SBK Services Dilbeek | €46,815 | €13,924 | 35.1% | - |
| MLAN Services Grimbergen | €46,656 | €8,775 | 14.5% | - |
| J.V. Electric Technic Bredene | €34,916 | €12,283 | 43.3% | - |
These companies have the same main activity as SANIWARM: plumbing work (NACE 43221). They are comparable in size and age: total assets between €31,800 and €46,800, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 11-03-2024Normal situation
- Registered office
- 684 active companies are registered at this address137 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Plumbing workNACE 43221and 3 others
- Establishment unit
- 2.362.405.7021081 Koekelberg, since 01-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 25-04-2025
Insights on SANIWARM
The computed 12-month bankruptcy probability of SANIWARM is 5.0% (elevated). The 2024 annual accounts show equity of €8,853 and a net result of €5,853.
Its solvency ranks better than 25% of 35,956 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 SANIWARM
- What is the company number of SANIWARM?
- The company number of SANIWARM is 1006.964.819. The VAT number is the same number with BE in front: BE 1006.964.819.
- Where is SANIWARM based?
- The registered office is at Leuvensesteenweg 246, 1932 Zaventem.Company details
- What does SANIWARM do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of SANIWARM?
- SANIWARM is a private limited company (BV).
- When was SANIWARM founded?
- SANIWARM was founded on 11-03-2024.
- Is SANIWARM still active?
- Yes, SANIWARM is an active enterprise in the KBO register.
- What is the turnover of SANIWARM?
- The turnover in financial year 2024 is ≈ €91,000. This figure is estimated from the gross margin of €10,887 and 37 comparable companies (NACE 43221). It probably lies between €69,000 and €200,000. It is a rough estimate.Financials
- Is SANIWARM profitable?
- In financial year 2024, SANIWARM made a profit of €5,853.
- Where can I find the annual accounts of SANIWARM?
- SANIWARM filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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