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SANNEN ENGINEERING

Active
Private limited companyfounded 20241 yr activeOnze-Lieve-Vrouwplein 52, 3020 Herent, BelgiumKBO/BCE: BE 1014.956.827
Summary

SANNEN ENGINEERING has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,952 and a net result of €47,452. Its solvency ranks better than 63% of 9743 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency92
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.95; short-term debt: 33% and cash: 62.1% of total assets), and 33% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67%
Return on assets
63.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-12-2025, 61 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
61 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SANNEN ENGINEERING was incorporated on 11 October 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€49,952
Total assets
€74,606
Net result
€47,452
Working capital
€48,156

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €74,606
Fixed assets €1,796
Current assets €72,810
Equity and liabilities €74,606
Equity €49,952
Debt €24,654
Debt finances 33.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€60,632
Cash flow
€48,022
Current ratio
2.95
Debt to equity
0.49
ROE
95.0%
ROA
63.6%
Interest coverage
773.37
Debt ≤ 1 year
€24,654
Income taxes
€12,532

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€74,606
Fixed assets21/28€1,796
Tangible fixed assets22/27€1,796
Plant, machinery and equipment23€1,796
Current assets29/58€72,810
Amounts receivable within one year40/41€23,908
Trade receivables40€23,906
Other amounts receivable41€1
Cash at bank and in hand54/58€46,313
Deferred charges and accrued income490/1€2,590
Equity and liabilities
Total equity and liabilities10/49€74,606
Equity10/15€49,952
Contributions10/11€2,500
Profit (loss) carried forward14€47,452
Amounts payable17/49€24,654
Amounts payable within one year42/48€24,654
Trade debts44€1,150
Suppliers440/4€1,150
Taxes, remuneration and social security45€18,860
Taxes450/3€18,860
Other amounts payable47/48€4,644
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€570
Other operating charges640/8€325
Gross operating margin9900€60,957
Operating profit (loss)9901€60,063
Financial charges65/66B€78
Recurring financial charges65€78
Profit (loss) for the period before taxes9903€59,984
Income taxes67/77€12,532
Profit (loss) for the period9904€47,452
Profit (loss) for the period to be appropriated9905€47,452
Appropriation of the result
Profit (loss) to be appropriated9906€47,452

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€570
Other operating charges640/8€325
Gross operating margin9900€60,957
Operating profit (loss)9901€60,063
Financial charges65/66B€78
Recurring financial charges65€78
Profit (loss) for the period before taxes9903€59,984
Income taxes67/77€12,532
Profit (loss) for the period9904€47,452
Profit (loss) for the period to be appropriated9905€47,452
Line2025
Assets
Total assets20/58€74,606
Fixed assets21/28€1,796
Tangible fixed assets22/27€1,796
Plant, machinery and equipment23€1,796
Current assets29/58€72,810
Amounts receivable within one year40/41€23,908
Trade receivables40€23,906
Other amounts receivable41€1
Cash at bank and in hand54/58€46,313
Deferred charges and accrued income490/1€2,590
Equity and liabilities
Total equity and liabilities10/49€74,606
Equity10/15€49,952
Contributions10/11€2,500
Profit (loss) carried forward14€47,452
Amounts payable17/49€24,654
Amounts payable within one year42/48€24,654
Trade debts44€1,150
Suppliers440/4€1,150
Taxes, remuneration and social security45€18,860
Taxes450/3€18,860
Other amounts payable47/48€4,644
Line2025
Profit (loss) for the period9904€47,452
+ Depreciation and write-downs630€570
Operating cash flow (approximation)€48,022

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
01-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
233 m²
Building footprint
87 m²
Volume, LiDAR
840 m³
Parcel 24423G0261/00L000, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SANNEN ENGINEERING
Onze-Lieve-Vrouwplein 52, 3020 HerentManufacture of rubber and plastic products
since 20242.366.542.949
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24423G0261/00L000 Flanders 232 m² 1 · 87 m² 14.5 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Subsidies and aid

Flemish government

2025 · 1 entry · 337 EUR awarded · 337 EUR paid
Year Entries awardedpaid
2025 1 337 EUR337 EUR
Schemes
1 entry · 337 EUR · 337 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,567 companies in this sector we hold annual accounts for 6,567. 4,894 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded11-10-2024
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
16230Manufacture of other builders' carpentry and joinery
22260Manufacture of rubber and plastic products
28990Manufacture of machinery and equipment not elsewhere classified
74140Other specialised design activities
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014956827
Also 9925:BE1014956827

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.