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SANTENS LOGISTICS

Active
Private limited companyfounded 201511 yrs activeNijverheidskaai 3, 9040 Gent, BelgiumKBO/BCE: BE 0632.664.583

SANTENS LOGISTICS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.20M and a net result of €13k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 2277 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
63 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+2
Solvency59▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.01 in 2024; short-term debt: 4.1% and cash: 0.2% of total assets), and 66.3% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 2025
Solvency, return and age of the figures
Solvency
33.7%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
55 d late
2023
14 d early
2022
27 d early
2021
40 d early
2020
3 d early
2019
47 d late
← before the deadline after the deadline →
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 months
Position in the running window
23-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€3.20M▲ 0.4%
2024 · €3.19M
2018: €2.47M 2019: €2.47M 2020: €2.66M 2021: €2.90M 2022: €3.09M 2023: €3.21M 2024: €3.19M
2018 → 2025
Total assets
€9.50M▼ 3.1%
2024 · €9.81M
2018: €10.80M 2019: €11.03M 2020: €10.78M 2021: €10.43M 2022: €10.12M 2023: €10.09M 2024: €9.81M
2018 → 2025
Net result
€13k
2024 · €-17k
2018: €715 2019: €915 2020: €190k 2021: €236k 2022: €188k 2023: €122k 2024: €-17k
2018 → 2025
Working capital
€-321k▲ 94.8%
2024 · €-6.15M
2018: €-3.51M 2019: €-5.34M 2020: €-5.96M 2021: €-5.41M 2022: €-5.80M 2023: €-6.11M 2024: €-6.15M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.90M-€3.09M▲ 6.5%€3.21M▲ 4.0%€3.19M▼ 0.5%€3.20M▲ 0.4%
Operating result€305k-€281k▼ 7.8%€294k▲ 4.6%€283k▼ 3.9%€293k▲ 3.8%
Net result€236k-€188k▼ 20.1%€122k▼ 35.0%€-17k€13k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200k€300kOperating result 2021: €305k€305kNet result 2021: €236k€236kOperating result 2022: €281k€281kNet result 2022: €188k€188kOperating result 2023: €294k€294kNet result 2023: €122k€122kOperating result 2024: €283k€283kNet result 2024: €-17k€-17kOperating result 2025: €293k€293kNet result 2025: €13k€13k20212022202320242025
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.50M
Fixed assets €9.44M▼ 3.0%
Current assets €66k▼ 21.5%
Equity and liabilities €9.50M
Equity €3.20M▲ 0.4%
Debt €6.30M▼ 4.8%
The debt ratio falls from 67.5% to 66.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€645k
2024 · €648k
Cash flow
€364k
2024 · €347k
Solvency
33.7%
2024 · 32.5%
Current ratio
0.17
2024 · 0.01
Quick ratio
0.17
2024 · 0.01
Debt / equity
1.97
2024 · 2.07
ROE
0.4%
2024 · -0.5%
ROA
0.1%
2024 · -0.2%
Interest coverage
2.30
2024 · 2.16
Debt
€6.30M
2024 · €6.62M
Debt ≤ 1 year
€387k
2024 · €6.23M
Debt > 1 year
€5.64M
2024 · €104k
Income taxes
€0
2024 · €3
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€9.81M€9.50M
Fixed assets21/28€9.73M€9.44M
Intangible fixed assets21€70k€57k
Tangible fixed assets22/27€9.66M€9.38M
Land and buildings22€8.53M€8.36M
Plant, machinery and equipment23€487k€434k
Other tangible fixed assets26€637k€591k
Current assets29/58€84k€66k
Amounts receivable within one year40/41€30k€2k
Trade receivables40€4k€2k
Other amounts receivable41€26k€0
Cash at bank and in hand54/58€7k€16k
Deferred charges and accrued income490/1€47k€48k
Equity and liabilities
Total equity and liabilities10/49€9.81M€9.50M
Equity10/15€3.19M€3.20M
Contributions10/11€3.00M€3.00M=
Reserves13€192k€205k
Distributable reserves133€192k€205k
Amounts payable17/49€6.62M€6.30M
Amounts payable after more than one year17€104k€5.64M
Financial debts170/4€104k€67k
Other amounts payable178/9-€5.57M
Amounts payable within one year42/48€6.23M€387k
Current portion of amounts payable after more than one year42€511k€36k
Trade debts44€69k€51k
Suppliers440/4€69k€51k
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€5.65M€300k
Accrued charges and deferred income492/3€282k€273k
Income statement Code20242025
Non-recurring operating income76A-€385
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€365k€352k
Other operating charges640/8€9k€10k
Gross operating margin9900€657k€655k
Operating profit (loss)9901€283k€293k
Financial charges65/66B€300k€281k
Recurring financial charges65€300k€281k
Profit (loss) for the period before taxes9903€-17k€13k
Income taxes67/77€3€0
Profit (loss) for the period9904€-17k€13k
Profit (loss) for the period to be appropriated9905€-17k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€13k
Transfer from equity791/2€17k€0
Transfer to equity691/2€0€13k
To other reserves6921€0€13k
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial Back to profitnet €13k
Net result €13k after one loss-making year.
24-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
2024
31-12
Financial Weakest financial yearnet €-17k ▼114%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
17-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €236k ▲23.8%
Operating result €305k, net result €236k, both a record.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 47 days late
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Gent · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Nijverheidskaai 39040 Gent
Ground area
5,985 m²
Building footprint
4,069 m²
Volume, LiDAR
25,542 m³
Parcel 44432C1217/00W000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
santens logistics
Nijverheidskaai 3, 9040 GentWholesale of machine tools
since 20152.243.308.607
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44432C1217/00W000 Flanders 5,985 m² 1 · 4,069 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 24,503 companies in sector 82990 we hold annual accounts for 9,404. 2,470 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-06-2015
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.