SANTAKS
ActiveSummary
SANTAKS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €571k and a net result of €26k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 61% of 3307 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72=
Solvency82▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.71 in 2024; short-term debt: 42.4% and cash: 4.5% of total assets), and 42.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
57.1%
Return on assets
2.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €571k
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
34 d early
2023
40 d early
2022
19 d early
2021
31 d early
2020
33 d early
2019
21 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€571k▲ 4.8%
2024 · €545k
2018: €496k
2019: €494k▼ -0.3% vs 2018
2020: €497k▲ +0.6% vs 2019
2021: €468k▼ -5.9% vs 2020lowest in 8 years
2022: €497k▲ +6.2% vs 2021
2023: €515k▲ +3.7% vs 2022
2024: €545k▲ +5.8% vs 2023
2025: €571k▲ +4.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€1,000k▼ 22.6%
2024 · €1.29M
2018: €1.40M
2019: €1.71M▲ +22.8% vs 2018
2020: €1.78M▲ +3.7% vs 2019highest in 8 years
2021: €944k▼ -46.9% vs 2020lowest in 8 years
2022: €1.19M▲ +26.6% vs 2021
2023: €974k▼ -18.5% vs 2022
2024: €1.29M▲ +32.8% vs 2023
2025: €1,000k▼ -22.6% vs 2024
2018 → 2025
Net result
€26k▼ 12.6%
2024 · €30k
2018: €983
2019: €2k▲ +81.7% vs 2018
2020: €3k▲ +56.2% vs 2019
2021: €-29k▼ -1143% vs 2020lowest in 8 years
2022: €29k▲ +199% vs 2021
2023: €19k▼ -35.7% vs 2022
2024: €30k▲ +61.7% vs 2023highest in 8 years
2025: €26k▼ -12.6% vs 2024
2018 → 2025
Working capital
€456k▼ 6.1%
2024 · €486k
2018: €680k
2019: €641k▼ -5.7% vs 2018
2020: €792k▲ +23.5% vs 2019highest in 8 years
2021: €532k▼ -32.8% vs 2020
2022: €541k▲ +1.6% vs 2021
2023: €471k▼ -12.8% vs 2022
2024: €486k▲ +3.0% vs 2023
2025: €456k▼ -6.1% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€468k-€497k▲ 6.2%€515k▲ 3.7%€545k▲ 5.8%€571k▲ 4.8%
2021: €468klowest in 5 years
2022: €497k▲ +6.2% vs 2021
2023: €515k▲ +3.7% vs 2022
2024: €545k▲ +5.8% vs 2023
2025: €571k▲ +4.8% vs 2024highest in 5 years
Operating result€-12k-€53k€46k▼ 13.9%€54k▲ 19.1%€43k▼ 20.7%
2021: €-12klowest in 5 years
2022: €53k▲ +553% vs 2021
2023: €46k▼ -13.9% vs 2022
2024: €54k▲ +19.1% vs 2023highest in 5 years
2025: €43k▼ -20.7% vs 2024
Net result€-29k-€29k€19k▼ 35.7%€30k▲ 61.7%€26k▼ 12.6%
2021: €-29klowest in 5 years
2022: €29k▲ +199% vs 2021
2023: €19k▼ -35.7% vs 2022
2024: €30k▲ +61.7% vs 2023highest in 5 years
2025: €26k▼ -12.6% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1,000k
Fixed assets
€119k ▼ 5.2%
Current assets
€881k ▼ 24.5%
Equity and liabilities €1,000k
Equity
€571k ▲ 4.8%
Debt
€429k ▼ 42.6%
Debt's share of the balance-sheet total falls from 57.8% to 42.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▼
2024 · €98k
Cash flow
€74k▲
2024 · €74k
Current ratio
2.07▲
2024 · 1.71
Debt to equity
0.75▼
2024 · 1.37
ROE
4.6%▼
2024 · 5.5%
ROA
2.6%▲
2024 · 2.3%
Interest coverage
20.19▲
2024 · 13.79
Debt ≤ 1 year
€424k▼
2024 · €681k
Income taxes
€14k▼
2024 · €18k
Staff costs
€461k▲
2024 · €443k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.29M€1,000k▼
Fixed assets21/28€126k€119k▼
Tangible fixed assets22/27€126k€119k▼
Plant, machinery and equipment23€713€338▼
Furniture and vehicles24€4k€38k▲
Leasing and similar rights25€122k€81k▼
Current assets29/58€1.17M€881k▼
Amounts receivable within one year40/41€1.09M€836k▼
Trade receivables40€1.09M€834k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€62k€45k▼
Deferred charges and accrued income490/1€11k-
Equity and liabilities
Total equity and liabilities10/49€1.29M€1,000k▼
Equity10/15€545k€571k▲
Contributions10/11€20k€20k=
Reserves13€523k€549k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€521k€547k▲
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€747k€429k▼
Amounts payable after more than one year17€63k-
Financial debts170/4€63k-
Amounts payable within one year42/48€681k€424k▼
Current portion of amounts payable after more than one year42€60k€63k▲
Trade debts44€381k€132k▼
Suppliers440/4€381k€132k▼
Taxes, remuneration and social security45€203k€183k▼
Taxes450/3€127k€106k▼
Remuneration and social security454/9€76k€77k▲
Other amounts payable47/48€37k€47k▲
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€443k€461k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€48k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-420€8k▲
Other operating charges640/8€998€1k▲
Gross operating margin9900€542k€562k▲
Operating profit (loss)9901€54k€43k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€48k€40k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€30k€26k▼
Profit (loss) for the period to be appropriated9905€30k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€29k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer to equity691/2€30k€26k▼
To other reserves6921€30k€26k▼
Social balance
Average headcount (FTE)90876.56.3▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €498k | €426k | €474k | €443k | €461k | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47k | €49k | €49k | €44k | €48k | ▲ 8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3k | €-2k | €-5k | €-420 | €8k | ▲ 2,021% |
| Other operating charges640/8 | €5k | €4k | €7k | €998 | €1k | ▲ 37.0% |
| Non-recurring operating charges66A | - | €1 | - | - | - | - |
| Gross operating margin9900 | €541k | €530k | €570k | €542k | €562k | ▲ 3.6% |
| Operating profit (loss)9901 | €-12k | €53k | €46k | €54k | €43k | ▼ 20.7% |
| Financial income75/76B | €4k | €3k | €330 | €1k | €1k | ▲ 23.0% |
| Recurring financial income75 | €4k | €3k | €14 | €1k | €1k | ▲ 23.0% |
| Non-recurring financial income76B | - | - | €316 | - | - | - |
| Financial charges65/66B | €18k | €16k | €15k | €7k | €4k | ▼ 36.9% |
| Recurring financial charges65 | €18k | €16k | €15k | €7k | €4k | ▼ 36.9% |
| Profit (loss) for the period before taxes9903 | €-26k | €41k | €31k | €48k | €40k | ▼ 17.2% |
| Income taxes67/77 | €3k | €12k | €12k | €18k | €14k | ▼ 24.8% |
| Profit (loss) for the period9904 | €-29k | €29k | €19k | €30k | €26k | ▼ 12.6% |
| Transfer from tax-exempt reserves789 | €62k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €33k | €29k | €19k | €30k | €26k | ▼ 12.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €944k | €1.19M | €974k | €1.29M | €1,000k | ▼ 22.6% |
| Fixed assets21/28 | €257k | €218k | €170k | €126k | €119k | ▼ 5.2% |
| Tangible fixed assets22/27 | €257k | €218k | €170k | €126k | €119k | ▼ 5.2% |
| Plant, machinery and equipment23 | €382 | €2k | €1k | €713 | €338 | ▼ 52.6% |
| Furniture and vehicles24 | €14k | €15k | €7k | €4k | €38k | ▲ 910% |
| Leasing and similar rights25 | €242k | €202k | €162k | €122k | €81k | ▼ 33.1% |
| Current assets29/58 | €687k | €976k | €804k | €1.17M | €881k | ▼ 24.5% |
| Amounts receivable within one year40/41 | €486k | €932k | €655k | €1.09M | €836k | ▼ 23.5% |
| Trade receivables40 | €486k | €931k | €653k | €1.09M | €834k | ▼ 23.5% |
| Other amounts receivable41 | €83 | €987 | €3k | €2k | €1k | ▼ 29.5% |
| Cash at bank and in hand54/58 | €194k | €39k | €148k | €62k | €45k | ▼ 27.9% |
| Deferred charges and accrued income490/1 | €7k | €6k | €873 | €11k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €944k | €1.19M | €974k | €1.29M | €1,000k | ▼ 22.6% |
| Equity10/15 | €468k | €497k | €515k | €545k | €571k | ▲ 4.8% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €445k | €474k | €493k | €523k | €549k | ▲ 5.0% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €443k | €472k | €491k | €521k | €547k | ▲ 5.0% |
| Profit (loss) carried forward14 | €2k | €2k | €2k | €2k | €2k | = |
| Amounts payable17/49 | €476k | €698k | €458k | €747k | €429k | ▼ 42.6% |
| Amounts payable after more than one year17 | €314k | €259k | €122k | €63k | - | - |
| Financial debts170/4 | €234k | €180k | €122k | €63k | - | - |
| Other amounts payable178/9 | €79k | €79k | - | - | - | - |
| Amounts payable within one year42/48 | €155k | €436k | €332k | €681k | €424k | ▼ 37.7% |
| Current portion of amounts payable after more than one year42 | €52k | €55k | €57k | €60k | €63k | ▲ 4.6% |
| Trade debts44 | €28k | €186k | €127k | €381k | €132k | ▼ 65.3% |
| Suppliers440/4 | €28k | €186k | €127k | €381k | €132k | ▼ 65.3% |
| Taxes, remuneration and social security45 | €73k | €185k | €111k | €203k | €183k | ▼ 9.9% |
| Taxes450/3 | €12k | €108k | €37k | €127k | €106k | ▼ 16.9% |
| Remuneration and social security454/9 | €61k | €76k | €74k | €76k | €77k | ▲ 2.0% |
| Other amounts payable47/48 | €2k | €10k | €37k | €37k | €47k | ▲ 26.4% |
| Accrued charges and deferred income492/3 | €7k | €4k | €4k | €4k | €4k | ▲ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-29k | €29k | €19k | €30k | €26k | ▼ 12.6% |
| + Depreciation and write-downs630 | €47k | €49k | €49k | €44k | €48k | ▲ 8.7% |
| Operating cash flow (approximation) | €17k | €77k | €67k | €74k | €74k | ▲ 0.1% |
| Investment in fixed assets (approximation) | - | €-11k | €0 | €0 | €-41k | - |
| Change in cash | - | €-155k | €109k | €-86k | €-17k | ▲ 79.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €30k ▲61.7%
Operating result €54k, net result €30k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €515k ▲3.7%
2 profitable years in a row build equity to €515k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 4.43
Current ratio from 2.16 to 4.43; short-term debt falls from €683k to €155k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
Show earlier events
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 act for this company is 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, Ieper · 1 establishment unit since 2007
Ground area
2,272 m²
Building footprint
1,199 m²
Volume, LiDAR
10,963 m³
Parcel 33011D0187/02E004, Flanders · tallest building 16.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SANTAKS
since 20072.166.822.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011D0187/02E004 | Flanders | 2,272 m² | 1 · 1,199 m² | 16.4 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 6,144 EUR awarded · 6,534 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 584 EUR | 584 EUR |
| 2024 | 1 | 524 EUR | 524 EUR |
| 2023 | 2 | 2,246 EUR | 2,636 EUR |
| 2022 | 2 | 2,790 EUR | 2,790 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,320 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.