SANODENS DENTAL
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-07-2023, 6 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
6 d early
2021
32 d late
2020
87 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Turnover
€901k
EBIT margin
-3.5%
Net result
€7k
2021 · €-31k
2020: €41k
2021: €-31k
2020 → 2022
Working capital
€100k▲ 8.9%
2021 · €92k
2020: €479k
2021: €92k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€901k
Equity€638k-€207k▼ 67.5%€214k▲ 3.5%
Operating result€57k-€-32k€6k
Net result€41k-€-31k€7k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €6k after a loss of €32k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €248k
Fixed assets
€116k▼ 14.5%
Current assets
€132k▼ 81.1%
Equity and liabilities €248k
Equity
€214k▲ 3.5%
Debt
€34k▼ 94.6%
The debt ratio falls from 75.1% to 13.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2021 · €8k
Cash flow
€50k▲
2021 · €9k
Solvency
86.3%▲
2021 · 24.9%
Current ratio
4.11▲
2021 · 1.15
Quick ratio
3.98▲
2021 · 1.13
Debt / equity
0.16▼
2021 · 3.02
ROE
3.4%▲
2021 · -14.8%
ROA
2.9%▲
2021 · -3.7%
Interest coverage
32.00▲
2021 · 1.88
Debt
€34k▼
2021 · €625k
Debt ≤ 1 year
€32k▼
2021 · €605k
Income taxes
€-3k
Staff costs
€137k▲
2021 · €128k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€832k€248k▼
Fixed assets21/28€136k€116k▼
Tangible fixed assets22/27€136k€116k▼
Plant, machinery and equipment23€10k€23k▲
Furniture and vehicles24€8k€10k▲
Other tangible fixed assets26€118k€83k▼
Current assets29/58€696k€132k▼
Stocks and contracts in progress3€10k€4k▼
Stocks30/36€10k€4k▼
Amounts receivable within one year40/41€558k€82k▼
Trade receivables40€9k€4k▼
Other amounts receivable41€549k€78k▼
Cash at bank and in hand54/58€126k€44k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€832k€248k▼
Equity10/15€207k€214k▲
Contributions10/11€114k€114k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Profit (loss) carried forward14€83k€90k▲
Amounts payable17/49€625k€34k▼
Amounts payable within one year42/48€605k€32k▼
Trade debts44€67k€13k▼
Suppliers440/4€67k€13k▼
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€17k€19k▲
Taxes450/3€629€3k▲
Remuneration and social security454/9€16k€16k▼
Other amounts payable47/48€515k€254▼
Accrued charges and deferred income492/3€21k€2k▼
Income statement
Code20212022
Turnover70€901k-
Non-recurring operating income76A€1k-
Goods, raw materials, services and sundry goods60/61€766k-
Remuneration, social security and pensions62€128k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€43k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€763
Other operating charges640/8€1k€841▼
Non-recurring operating charges66A-€355
Gross operating margin9900€137k€187k▲
Operating profit (loss)9901€-32k€6k▲
Financial income75/76B€5k€53▼
Recurring financial income75€5k€53▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-31k€4k▲
Income taxes67/77-€-3k
Profit (loss) for the period9904€-31k€7k▲
Transfer from tax-exempt reserves789€29k-
Profit (loss) for the period to be appropriated9905€-2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€90k▲
Profit (loss) brought forward from the previous period14P€41k€83k▲
Transfer from equity791/2€443k-
Profit to be distributed694/7€400k-
Return on contributions (dividend)694€400k-
Social balance
Average headcount (FTE)90872.72.7=
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
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
15-06
State Gazette act
Board meeting · Merger
Accounting effect · Power of attorney
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.11
Current ratio from 1.15 to 4.11; short-term debt falls from €605k to €32k.
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 32 days late
2021
31-12
Financial
Weakest financial yearnet €-31k ▼175%
Net result drops to €-31k, the lowest in the series.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:OD Tandartsen