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Santech

Active
Private limited companyfounded 20232 yrs activeNachtegaallaan 21, 2660 Antwerpen, BelgiumKBO/BCE: BE 1001.697.224
Summary

The computed 12-month bankruptcy probability of Santech is 2.6% (moderate). The 2024 annual accounts show equity of €33k and a net result of €30k. Its solvency ranks better than 76% of 36375 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency95
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.51; short-term debt: 30% and cash: 51.1% of total assets), and 30% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
43 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

On 27 October 2023, Santech was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€33k
Total assets
€47k
Net result
€30k
Working capital
€21k

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

Balance-sheet composition
Assets €47k
Fixed assets €12k
Current assets €35k
Equity and liabilities €47k
Equity €33k
Debt €14k
Debt finances 30.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€44k
Cash flow
€33k
Current ratio
2.51
Quick ratio
2.30
Debt to equity
0.43
ROE
90.9%
ROA
63.6%
Interest coverage
15.06
Debt ≤ 1 year
€14k
Income taxes
€8k
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€47k
Fixed assets21/28€12k
Tangible fixed assets22/27€12k
Plant, machinery and equipment23€5k
Furniture and vehicles24€7k
Current assets29/58€35k
Amounts receivable after more than one year29€4k
Trade receivables290€4k
Stocks and contracts in progress3€3k
Stocks30/36€3k
Amounts receivable within one year40/41€4k
Trade receivables40€3k
Other amounts receivable41€1k
Cash at bank and in hand54/58€24k
Deferred charges and accrued income490/1€130
Equity and liabilities
Total equity and liabilities10/49€47k
Equity10/15€33k
Contributions10/11€3k
Profit (loss) carried forward14€30k
Amounts payable17/49€14k
Amounts payable within one year42/48€14k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€8k
Taxes450/3€8k
Other amounts payable47/48€2k
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€854
Gross operating margin9900€45k
Operating profit (loss)9901€41k
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€38k
Income taxes67/77€8k
Profit (loss) for the period9904€30k
Profit (loss) for the period to be appropriated9905€30k
Appropriation of the result
Profit (loss) to be appropriated9906€30k

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€854
Gross operating margin9900€45k
Operating profit (loss)9901€41k
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€38k
Income taxes67/77€8k
Profit (loss) for the period9904€30k
Profit (loss) for the period to be appropriated9905€30k
Line2024
Assets
Total assets20/58€47k
Fixed assets21/28€12k
Tangible fixed assets22/27€12k
Plant, machinery and equipment23€5k
Furniture and vehicles24€7k
Current assets29/58€35k
Amounts receivable after more than one year29€4k
Trade receivables290€4k
Stocks and contracts in progress3€3k
Stocks30/36€3k
Amounts receivable within one year40/41€4k
Trade receivables40€3k
Other amounts receivable41€1k
Cash at bank and in hand54/58€24k
Deferred charges and accrued income490/1€130
Equity and liabilities
Total equity and liabilities10/49€47k
Equity10/15€33k
Contributions10/11€3k
Profit (loss) carried forward14€30k
Amounts payable17/49€14k
Amounts payable within one year42/48€14k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€8k
Taxes450/3€8k
Other amounts payable47/48€2k
Line2024
Profit (loss) for the period9904€30k
+ Depreciation and write-downs630€3k
Operating cash flow (approximation)€33k

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
18-06
NBB filing Annual accounts filed
fiscal year 2024 · 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
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, Antwerpen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
209 m²
Building footprint
81 m²
Volume, LiDAR
620 m³
Parcel 11383B0612/00M000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Santech
Nachtegaallaan 21, 2660 AntwerpenRepair, maintenance and installation of machinery and equipment
since 20232.351.601.583
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11383B0612/00M000 Flanders 209 m² 1 · 81 m² 9.8 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.

Similar companies · same sector, comparable size

Of 7,044 companies in sector 43221 we hold annual accounts for 3,473. 2,790 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
Founded27-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
46836Wholesale trade
47120Other non-specialised retail sale
74301Translation services

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