Saniworks
ActiveSummary
Saniworks has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €1k. Equity is shrinking by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+14
Solvency61▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.59 against 2.35 in 2024; short-term debt: 14.4% and cash: 2.6% of total assets), but 64.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.6%
Return on assets
1.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
61 d late
2023
71 d late
2022
89 d late
2021
88 d late
2020
61 d late
2019
122 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 22.3%
2024 · €44k
2018: €60k
2019: €71k
2020: €60k
2021: €63k
2022: €46k
2023: €50k
2024: €44k
2018 → 2025
Total assets
€95k▼ 16.2%
2024 · €114k
2018: €121k
2019: €150k
2020: €114k
2021: €75k
2022: €67k
2023: €89k
2024: €114k
2018 → 2025
Net result
€1k▼ 15.8%
2024 · €2k
2018: €6k
2019: €11k
2020: €-1k
2021: €3k
2022: €5k
2023: €5k
2024: €2k
2018 → 2025
Working capital
€49k▲ 17.6%
2024 · €42k
2018: €67k
2019: €71k
2020: €57k
2021: €63k
2022: €46k
2023: €53k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€46k▼ 26.5%€50k▲ 8.4%€44k▼ 12.8%€34k▼ 22.3%
Operating result€2k-€6k▲ 250%€7k▲ 9.1%€2k▼ 63.6%€3k▲ 29.8%
Net result€3k-€5k▲ 88.5%€5k▼ 6.4%€2k▼ 67.4%€1k▼ 15.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95k
Fixed assets
€32k ▼ 20.9%
Current assets
€63k ▼ 13.5%
Equity and liabilities €95k
Equity
€34k ▼ 22.3%
Debt
€61k ▼ 12.3%
Debt's share of the balance-sheet total rises from 61.6% to 64.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12k▲
2024 · €3k
Cash flow
€10k▲
2024 · €3k
Current ratio
4.59▲
2024 · 2.35
Quick ratio
3.86▲
2024 · 2.03
Debt to equity
1.81▲
2024 · 1.60
ROE
4.1%▲
2024 · 3.8%
ROA
1.5%▲
2024 · 1.4%
Interest coverage
8.40▲
2024 · 4.43
Debt ≤ 1 year
€14k▼
2024 · €31k
Debt > 1 year
€33k▲
2024 · €33k
Income taxes
€608▲
2024 · €165
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€114k€95k▼
Fixed assets21/28€41k€32k▼
Tangible fixed assets22/27€41k€32k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€41k€29k▼
Current assets29/58€73k€63k▼
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€12k€37k▲
Trade receivables40€12k€29k▲
Other amounts receivable41€249€8k▲
Current investments50/53€7k€7k=
Cash at bank and in hand54/58€16k€2k▼
Deferred charges and accrued income490/1€28k€6k▼
Equity and liabilities
Total equity and liabilities10/49€114k€95k▼
Equity10/15€44k€34k▼
Contributions10/11€19k€19k=
Reserves13€25k€15k▼
Distributable reserves133€25k€15k▼
Amounts payable17/49€70k€61k▼
Amounts payable after more than one year17€33k€33k▲
Financial debts170/4€33k€33k▲
Amounts payable within one year42/48€31k€14k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€20k€4k▼
Suppliers440/4€20k€4k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Accrued charges and deferred income492/3€6k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€9k▲
Other operating charges640/8€674€2k▲
Gross operating margin9900€4k€14k▲
Operating profit (loss)9901€2k€3k▲
Financial income75/76B€191€263▲
Recurring financial income75€191€263▲
Financial charges65/66B€786€1k▲
Recurring financial charges65€786€1k▲
Profit (loss) for the period before taxes9903€2k€2k▲
Income taxes67/77€165€608▲
Profit (loss) for the period9904€2k€1k▼
Profit (loss) for the period to be appropriated9905€2k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€1k▼
Transfer from equity791/2€8k€11k▲
Transfer to equity691/2€2k€1k▼
To other reserves6921€2k€1k▼
Profit to be distributed694/7€8k€11k▲
Return on contributions (dividend)694€8k€11k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 89 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 7.02
Current ratio from 2.07 to 7.02; short-term debt falls from €54k to €10k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-1k ▼109%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Highest result since 2018net €11k ▲78.5%
Operating result €11k, net result €11k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Meise · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grotendries 31861 MeiseGround area
1,990 m²
Building footprint
381 m²
Volume, LiDAR
1,623 m³
2 parcels, Flanders · tallest building 9.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Saniworks
since 20112.197.770.471
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0391/00R004 | Flanders | 1,042 m² | 1 · 156 m² | 7.2 m · 1 fl. |
| 23093D0355/00L000 | Flanders | 948 m² | 1 · 225 m² | 9.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 201 EUR awarded · 201 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 87 EUR | 87 EUR |
| 2022 | 1 | 114 EUR | 114 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,809 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.