Santermans Constructions
ActiveThe computed 12-month bankruptcy probability of Santermans Constructions is 2.7% (moderate). The 2024 annual accounts show equity of €84k and a net result of €21k. Its solvency ranks better than 26% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-24
Solvency50▼-30
Growth52
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.81 against 2.6 in 2023; short-term debt: 23.4% and cash: 3.5% of total assets), but 75.1% 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.
+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 dateAge against the risk zone
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 →
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 2024Solvency, return and age of the figures
Solvency
24.9%
Return on assets
6.1%
Age of the figures
21 mo
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 23-06-2025, 38 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€84k▲ 32.1%
2023 · €64k
2023: €64k
2023 → 2024
Total assets
€339k▲ 192%
2023 · €116k
2023: €116k
2023 → 2024
Net result
€21k▼ 58.0%
2023 · €49k
2023: €49k
2023 → 2024
Working capital
€224k▲ 373%
2023 · €47k
2023: €47k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€64k-€84k▲ 32.1%
Operating result€69k-€32k▼ 53.0%
Net result€49k-€21k▼ 58.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 53% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €339k
Fixed assets
€36k▼ 8.9%
Current assets
€303k▲ 295%
Equity and liabilities €339k
Equity
€84k▲ 32.1%
Debt
€254k▲ 386%
The debt ratio rises from 45.0% to 75.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▼
2023 · €70k
Cash flow
€30k▼
2023 · €51k
Solvency
24.9%▼
2023 · 55.0%
Current ratio
3.81▲
2023 · 2.60
Quick ratio
1.03▼
2023 · 1.75
Debt / equity
3.01▲
2023 · 0.82
ROE
24.3%▼
2023 · 76.5%
ROA
6.1%▼
2023 · 42.1%
Interest coverage
11.56▼
2023 · 48.83
Debt
€254k▲
2023 · €52k
Debt ≤ 1 year
€79k▲
2023 · €30k
Debt > 1 year
€173k▲
2023 · €23k
Income taxes
€8k▼
2023 · €18k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€116k€339k▲
Fixed assets21/28€39k€36k▼
Tangible fixed assets22/27€39k€36k▼
Furniture and vehicles24€39k€36k▼
Current assets29/58€77k€303k▲
Stocks and contracts in progress3€25k€221k▲
Stocks30/36-€337
Contracts in progress37€25k€221k▲
Amounts receivable within one year40/41€42k€69k▲
Trade receivables40€30k€50k▲
Other amounts receivable41€12k€18k▲
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1€338€1k▲
Equity and liabilities
Total equity and liabilities10/49€116k€339k▲
Equity10/15€64k€84k▲
Contributions10/11€15k€15k=
Reserves13€49k€69k▲
Distributable reserves133€49k€69k▲
Amounts payable17/49€52k€254k▲
Amounts payable after more than one year17€23k€173k▲
Financial debts170/4€23k€173k▲
Amounts payable within one year42/48€30k€79k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45€18k€42k▲
Taxes450/3€18k€28k▲
Remuneration and social security454/9-€14k
Other amounts payable47/48€2k€29k▲
Accrued charges and deferred income492/3€19€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€9k▲
Other operating charges640/8€505€894▲
Non-recurring operating charges66A€7k-
Gross operating margin9900€77k€42k▼
Operating profit (loss)9901€69k€32k▼
Financial income75/76B€82€57▼
Recurring financial income75€82€57▼
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€67k€29k▼
Income taxes67/77€18k€8k▼
Profit (loss) for the period9904€49k€21k▼
Profit (loss) for the period to be appropriated9905€49k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€21k▼
Transfer to equity691/2€49k€21k▼
To other reserves6921€49k€21k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Beringen · 1 establishment unit since 2022
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.
Oosthamsesteenweg 323581 BeringenGround area
1,179 m²
Building footprint
119 m²
Volume, LiDAR
666 m³
Parcel 71005C0729/00K003, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Santermans Constructions
since 20222.335.609.055
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005C0729/00K003 | Flanders | 1,179 m² | 1 · 119 m² | 9.6 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 298 EUR awarded · 261 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 298 EUR | 261 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ZS SANITAIRE
BE 0546.819.880
Anderlecht · Eq €84k
Kleemann Belgium
BE 0788.735.308
Aalst · Eq €85k
WOUTERS METAALDESIGN
BE 0452.667.623
Westerlo · Eq €85k
V.V.S. LIFT
BE 0663.868.988
Merelbeke-Melle · Eq €84k
BelMoustiquaire
BE 0457.857.519
Watermaal-Bosvoorde · Eq €84k
Of 4,096 companies in sector 43240 we hold annual accounts for 1,631. 1,372 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2022
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.