SANOTECH
ActiveSANOTECH has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.10M and a net result of €552k. Equity is growing by ~41.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+1
Solvency86▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 3.75 against 2.75 in 2024; short-term debt: 20.7% and cash: 14.5% of total assets), and 38.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · 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
61.1%
Return on assets
16.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
5 d early
2022
3 d early
2021
11 d early
2020
27 d late
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.10M▲ 35.6%
2024 · €1.55M
2019: €280k
2020: €364k
2021: €526k
2022: €922k
2023: €1.30M
2024: €1.55M
2019 → 2025
Total assets
€3.44M▲ 7.4%
2024 · €3.20M
2019: €709k
2020: €1.55M
2021: €1.67M
2022: €2.12M
2023: €2.67M
2024: €3.20M
2019 → 2025
Net result
€552k▲ 11.4%
2024 · €496k
2019: €92k
2020: €84k
2021: €162k
2022: €396k
2023: €382k
2024: €496k
2019 → 2025
Working capital
€1.95M▲ 31.8%
2024 · €1.48M
2019: €96k
2020: €304k
2021: €368k
2022: €898k
2023: €1.27M
2024: €1.48M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€526k-€922k▲ 75.3%€1.30M▲ 41.4%€1.55M▲ 18.8%€2.10M▲ 35.6%
Operating result€227k-€540k▲ 138%€571k▲ 5.7%€741k▲ 29.8%€829k▲ 11.9%
Net result€162k-€396k▲ 144%€382k▼ 3.6%€496k▲ 29.8%€552k▲ 11.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.44M
Fixed assets
€771k▼ 11.2%
Current assets
€2.66M▲ 14.3%
Equity and liabilities €3.44M
Equity
€2.10M▲ 35.6%
Debt
€1.33M▼ 19.1%
The debt ratio falls from 51.6% to 38.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€953k▲
2024 · €859k
Cash flow
€676k▲
2024 · €614k
Solvency
61.1%▲
2024 · 48.4%
Current ratio
3.75▲
2024 · 2.75
Quick ratio
2.57▲
2024 · 1.76
Debt / equity
0.64▼
2024 · 1.07
ROE
26.3%▼
2024 · 32.0%
ROA
16.1%▲
2024 · 15.5%
Interest coverage
29.23▼
2024 · 33.81
Debt
€1.33M▼
2024 · €1.65M
Debt ≤ 1 year
€711k▼
2024 · €849k
Debt > 1 year
€624k▼
2024 · €801k
Income taxes
€254k▲
2024 · €226k
Staff costs
€674k▲
2024 · €656k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.20M€3.44M▲
Fixed assets21/28€868k€771k▼
Intangible fixed assets21€23k€3k▼
Tangible fixed assets22/27€842k€765k▼
Land and buildings22€636k€597k▼
Plant, machinery and equipment23€21k€17k▼
Furniture and vehicles24€156k€139k▼
Leasing and similar rights25€7k€3k▼
Other tangible fixed assets26€22k€9k▼
Financial fixed assets28€3k€3k=
Current assets29/58€2.33M€2.66M▲
Stocks and contracts in progress3€835k€839k▲
Stocks30/36€655k€654k▼
Contracts in progress37€180k€185k▲
Amounts receivable within one year40/41€1.11M€1.32M▲
Trade receivables40€356k€228k▼
Other amounts receivable41€750k€1.09M▲
Cash at bank and in hand54/58€382k€499k▲
Deferred charges and accrued income490/1€9k€11k▲
Equity and liabilities
Total equity and liabilities10/49€3.20M€3.44M▲
Equity10/15€1.55M€2.10M▲
Contributions10/11€50k€50k=
Reserves13€1.50M€2.05M▲
Distributable reserves133€1.50M€2.05M▲
Amounts payable17/49€1.65M€1.33M▼
Amounts payable after more than one year17€801k€624k▼
Financial debts170/4€801k€624k▼
Amounts payable within one year42/48€849k€711k▼
Current portion of amounts payable after more than one year42€184k€175k▼
Trade debts44€316k€435k▲
Suppliers440/4€316k€435k▲
Taxes, remuneration and social security45€54k€50k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€52k€47k▼
Other amounts payable47/48€295k€51k▼
Income statement
Code20242025
Remuneration, social security and pensions62€656k€674k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€119k€125k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€1.52M€1.63M▲
Operating profit (loss)9901€741k€829k▲
Financial income75/76B€7k€10k▲
Recurring financial income75€7k€10k▲
Financial charges65/66B€25k€33k▲
Recurring financial charges65€25k€33k▲
Profit (loss) for the period before taxes9903€722k€806k▲
Income taxes67/77€226k€254k▲
Profit (loss) for the period9904€496k€552k▲
Profit (loss) for the period to be appropriated9905€496k€552k▲
Appropriation of the result
Profit (loss) to be appropriated9906€496k€552k▲
Transfer from equity791/2€250k-
Transfer to equity691/2€496k€552k▲
To the legal reserve6920€496k€552k▲
Profit to be distributed694/7€250k-
Return on contributions (dividend)694€250k-
Social balance
Average headcount (FTE)908713.011.4▼
The notes to these accounts (13 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
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €552k ▲11.4%
Operating result €829k, net result €552k, both a record.
31-03
Financial
Equity above €2MEq €2.10M ▲35.6%
7 profitable years in a row build equity to €2.10M.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.30M ▲41.4%
5 profitable years in a row build equity to €1.30M.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €500kEq €526k ▲44.6%
3 profitable years in a row build equity to €526k.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
31-03
Financial
Weakest financial yearnet €84k ▼8.5%
Net result drops to €84k, the lowest in the series; recovery starts the following year.
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Asse · 1 establishment unit since 2015
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.
Vossestraat 421730 AsseGround area
4,796 m²
Building footprint
1,525 m²
Volume, LiDAR
8,460 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sanotech
since 20152.242.759.566
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322D0281/00F000 | Flanders | 3,740 m² | 1 · 1,320 m² | 8.4 m · 2 fl. |
| 23002A0013/00H000 | Flanders | 1,056 m² | 1 · 204 m² | 7.5 m · 2 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
2023 to 2025 · 6 entries · 6,965 EUR awarded · 6,965 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,013 EUR | 4,013 EUR |
| 2024 | 2 | 1,510 EUR | 1,510 EUR |
| 2023 | 2 | 1,442 EUR | 1,442 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
3 categoriesSANOTECH BV39896
Dual-learning approval
6 live approvals · 7 endedBrandertechnicus gas/stookolie duaal (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Technicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
Vakman installatietechnieken (vwo)
Similar companies · same sector, comparable size
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STANDELEC
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ELEKTRO VANDENHEEDE
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Proof Of Concept
BE 0838.525.606
Evere · Eq €2.09M
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 2,779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2015
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@sano-tech.be