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Sanolicious

Active
Private limited companyfounded 20205 yrs activeHagebeuk 15, 1785 Merchtem, BelgiumKBO/BCE: BE 0760.547.504
Summary

The computed 12-month bankruptcy probability of Sanolicious is 1.7% (moderate). The 2025 annual accounts show negative equity (-€12,943) and a net result of €16,066. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 11693 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability83▼-17
Solvency16▲+16
Growth58=
Track record94
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.61 in 2024; short-term debt: 108.9% and cash: 1.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-8.9%
Return on assets
11%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 11693 sector peers (2025).
NBB · sector comparison
Position among 11693 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
28 d early
2024
301 d late
2023
on the day
2022
18 d early
2021
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 57 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

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. Usually files around 1 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
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

On 24 December 2020, Sanolicious was incorporated as a Private limited company.1 Total assets went from EUR 26,567 in 2021 to EUR 145,634 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€200,853
EBIT margin
-8.3%
Net result
€16,066▼ 29.9%
2024 · €22,918
Working capital
-€45,450▼ 29.4%
2024 · -€35,116
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€200,853
Operating result-€748--€34,379▼ 4,494%-€16,699▲ 51.4%€22,969€26,770▲ 16.5%
Net result-€1,281within the sector's middle half--€35,121below the sector's middle half▼ 2,642%-€16,525below the sector's middle half▲ 52.9%€22,918within the sector's middle half€16,066within the sector's middle half▼ 29.9%
EBIT margin-8.3%
Equity-€281below the sector's middle half--€35,402below the sector's middle half▼ 12,511%-€51,926below the sector's middle half▼ 46.7%-€29,009below the sector's middle half▲ 44.1%-€12,943below the sector's middle half▲ 55.4%
Total assets€26,567below the sector's middle half-€72,713within the sector's middle half▲ 174%€116,252within the sector's middle half▲ 59.9%€90,660within the sector's middle half▼ 22.0%€145,634within the sector's middle half▲ 60.6%
Debt€26,848-€108,114▲ 303%€168,178▲ 55.6%€119,669▼ 28.8%€158,577▲ 32.5%
Working capital-€281within the sector's middle half--€20,254below the sector's middle half▼ 7,115%-€52,102below the sector's middle half▼ 157%-€35,116below the sector's middle half▲ 32.6%-€45,450below the sector's middle half▼ 29.4%
Solvency-1.1%below the sector's middle half--48.7%below the sector's middle half▼ 47.6pp-44.7%below the sector's middle half▲ 4.0pp-32.0%below the sector's middle half▲ 12.7pp-8.9%below the sector's middle half▲ 23.1pp
Current ratio0.99within the sector's middle half-0.72below the sector's middle half▼ 0.270.56below the sector's middle half▼ 0.160.61below the sector's middle half▲ 0.050.71below the sector's middle half▲ 0.11
Return on assets (ROA)-4.8%below the sector's middle half--48.3%below the sector's middle half▼ 43.5pp-14.2%below the sector's middle half▲ 34.1pp25.3%above the sector's middle half▲ 39.5pp11.0%within the sector's middle half▼ 14.2pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: -€748-€748Net result 2021: -€1,281-€1,281Operating result 2022: -€34,379-€34,379Net result 2022: -€35,121-€35,121Operating result 2023: -€16,699-€16,699Net result 2023: -€16,525-€16,525Operating result 2024: €22,969€22,969Net result 2024: €22,918€22,918Operating result 2025: €26,770€26,770Net result 2025: €16,066€16,06620212022202320242025-€20,000€0€20,000Operating result 2023: -€16,699-€16,700Net result 2023: -€16,525-€16,500Operating result 2024: €22,969€23,000Net result 2024: €22,918€22,900Operating result 2025: €26,770€26,800Net result 2025: €16,066€16,100202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145,634
Fixed assets €32,507 ▼ 10.9%
Current assets €113,127 ▲ 109%
Equity and liabilities
Equity-€12,943
Debt€158,577
Equity is negative: debt (€158,577) exceeds the balance-sheet total (€145,634).
Key figures and ratios
2025 value · change against 2024
EBITDA
€39,563▲
2024 · €35,082
Cash flow
€28,859▼
2024 · €35,031
Quick ratio
0.39▲
2024 · 0.38
Interest coverage
132.04▲
2024 · 121.24
Debt ≤ 1 year
€158,577▲
2024 · €89,296
Debt > 1 year
€0▼
2024 · €30,373
Income taxes
€10,551▲
2024 · €430
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.8% went bankrupt
5.8% stopped otherwise
89% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 2,180 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 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€90,660€145,634▲
Fixed assets21/28€36,481€32,507▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€36,481€32,507▼
Plant, machinery and equipment23€1,148€0▼
Furniture and vehicles24€35,333€32,507▼
Current assets29/58€54,179€113,127▲
Stocks and contracts in progress3€20,140€52,015▲
Stocks30/36€20,140€52,015▲
Amounts receivable within one year40/41€5,380€57,985▲
Trade receivables40€5,380€57,985▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€25,194€1,658▼
Deferred charges and accrued income490/1€3,466€1,469▼
Equity and liabilities
Total equity and liabilities10/49€90,660€145,634▲
Equity10/15-€29,009-€12,943▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€30,009-€13,943▲
Amounts payable17/49€119,669€158,577▲
Amounts payable after more than one year17€30,373€0▼
Financial debts170/4€30,373€0▼
Amounts payable within one year42/48€89,296€158,577▲
Current portion of amounts payable after more than one year42€39,277€0▼
Trade debts44€37,100€56,774▲
Suppliers440/4€37,100€56,774▲
Taxes, remuneration and social security45€2,257€13,563▲
Taxes450/3€2,257€13,563▲
Other amounts payable47/48€10,662€88,240▲
Income statement Code20242025
Non-recurring operating income76A€196€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,113€12,793▲
Other operating charges640/8€2,908€1,201▼
Non-recurring operating charges66A-€1,148
Gross operating margin9900€37,990€41,911▲
Operating profit (loss)9901€22,969€26,770▲
Financial income75/76B€669€146▼
Recurring financial income75€669€146▼
Financial charges65/66B€289€300▲
Recurring financial charges65€289€300▲
Profit (loss) for the period before taxes9903€23,348€26,616▲
Income taxes67/77€430€10,551▲
Profit (loss) for the period9904€22,918€16,066▼
Profit (loss) for the period to be appropriated9905€22,918€16,066▼
Appropriation of the result
Profit (loss) to be appropriated9906-€30,009-€13,943▲
Profit (loss) brought forward from the previous period14P-€52,926-€30,009▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70--€200,853---
Non-recurring operating income76A--€0€196€0▼ 100%
Goods, raw materials, services and sundry goods60/61--€208,769---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,272€9,896€12,113€12,793▲ 5.6%
Other operating charges640/8€1,137€1,058€1,478€2,908€1,201▼ 58.7%
Non-recurring operating charges66A----€1,148-
Gross operating margin9900€388-€31,048-€5,326€37,990€41,911▲ 10.3%
Operating profit (loss)9901-€748-€34,379-€16,699€22,969€26,770▲ 16.5%
Financial income75/76B€15€11€863€669€146▼ 78.1%
Recurring financial income75€15€11€863€669€146▼ 78.1%
Financial charges65/66B€299€540€499€289€300▲ 3.5%
Recurring financial charges65€299€540€499€289€300▲ 3.5%
Profit (loss) for the period before taxes9903-€1,032-€34,908-€16,335€23,348€26,616▲ 14.0%
Income taxes67/77€249€213€190€430€10,551▲ 2,353%
Profit (loss) for the period9904-€1,281-€35,121-€16,525€22,918€16,066▼ 29.9%
Profit (loss) for the period to be appropriated9905-€1,281-€35,121-€16,525€22,918€16,066▼ 29.9%
Line20212022202320242025Change
Assets
Total assets20/58€26,567€72,713€116,252€90,660€145,634▲ 60.6%
Fixed assets21/28-€20,728€50,798€36,481€32,507▼ 10.9%
Intangible fixed assets21--€2,204€0--
Tangible fixed assets22/27-€20,728€48,594€36,481€32,507▼ 10.9%
Plant, machinery and equipment23-€1,948€1,548€1,148€0▼ 100%
Furniture and vehicles24-€18,780€47,046€35,333€32,507▼ 8.0%
Current assets29/58€26,567€51,985€65,454€54,179€113,127▲ 109%
Stocks and contracts in progress3---€20,140€52,015▲ 158%
Stocks30/36---€20,140€52,015▲ 158%
Amounts receivable within one year40/41€5,692€28,768€54,065€5,380€57,985▲ 978%
Trade receivables40€5,692€28,206€53,670€5,380€57,985▲ 978%
Other amounts receivable41-€562€395€0--
Cash at bank and in hand54/58€12,504€16,202€5,185€25,194€1,658▼ 93.4%
Deferred charges and accrued income490/1€8,371€7,015€6,205€3,466€1,469▼ 57.6%
Equity and liabilities
Total equity and liabilities10/49€26,567€72,713€116,252€90,660€145,634▲ 60.6%
Equity10/15-€281-€35,402-€51,926-€29,009-€12,943▲ 55.4%
Contributions10/11€1,000€1,000€1,000€1,000€1,000=
Profit (loss) carried forward14-€1,281-€36,402-€52,926-€30,009-€13,943▲ 53.5%
Amounts payable17/49€26,848€108,114€168,178€119,669€158,577▲ 32.5%
Amounts payable after more than one year17-€35,875€50,622€30,373€0▼ 100%
Financial debts170/4-€35,875€50,622€30,373€0▼ 100%
Amounts payable within one year42/48€26,848€72,239€117,557€89,296€158,577▲ 77.6%
Current portion of amounts payable after more than one year42-€5,125€29,540€39,277€0▼ 100%
Trade debts44€9,978€52,016€73,894€37,100€56,774▲ 53.0%
Suppliers440/4€9,978€52,016€73,894€37,100€56,774▲ 53.0%
Taxes, remuneration and social security45€5,240€899€309€2,257€13,563▲ 501%
Taxes450/3€740€899€309€2,257€13,563▲ 501%
Remuneration and social security454/9€4,500-----
Other amounts payable47/48€11,631€14,199€13,814€10,662€88,240▲ 728%
Line20212022202320242025Change
Profit (loss) for the period9904-€1,281-€35,121-€16,525€22,918€16,066▼ 29.9%
+ Depreciation and write-downs630-€2,272€9,896€12,113€12,793▲ 5.6%
Operating cash flow (approximation)-€1,281-€32,849-€6,629€35,031€28,859▼ 17.6%
Investment in fixed assets (approximation)---€39,966€2,204-€8,820▼ 500%
Change in cash-€3,698-€11,017€20,009-€23,536▼ 218%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
28-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 301 days late
2024
31-12
Financial Back to profitnet €22,918
Net result €22,918 after 3 loss-making years.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€35,121
Net result drops to -€35,121, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has 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 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
491 m²
Building footprint
152 m²
Volume, LiDAR
611 m³
Parcel 23012H0183/00L000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
First Serve
Hagebeuk 15, 1785 MerchtemWholesale trade
since 20212.311.608.186
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23012H0183/00L000 Flanders 491 m² 1 · 152 m² 6.8 m · 1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Merchtem2.311.608.186
1 permission
Groothandelaar LM>3 maand · since 01-01-2022

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,409 companies in this sector we hold annual accounts for 1,891. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded24-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46150Agents in the wholesale of furniture, household goods and hardware
47639Retail sale of other sporting goods
93122Sports, amusement and recreation activities
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0760547504
Also 9925:BE0760547504
Registered 17-09-2025

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.