Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for SANTIA - SERVICES according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €79k and a net result of €-2k.
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events02-09-2025
Bankruptcy
Opening
Signals
Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
Turnover€242k+11.0%
EBIT margin-0.5%-7.4pp
Net result€-2k
Working capital€78k-2.3%
Directors1
Annual accounts & ratios
Source: NBB · 2021Annual accounts filed on 07-02-2023 with the NBB · fiscal year 2021 · micro
Sector comparison
Fiscal year 2021 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.9% | 36.3% | |
| Net result | €-2k | €11k | |
| Equity | €79k | €26k | |
| Gross operating margin | €30k | €31k | |
| Staff costs | €29k | €26k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€242k
+11.0%
far above sector median
€-639
-
far below sector median
€-2k
-
far below sector median
€-2k
-
far below sector median
€130k
+6.5%
+33% vs sector
€79k
-3.0%
+77% vs sector
€78k
-2.3%
+227% vs sector
1
+30.0%
18-21
€29k
-39.7%
18-21
€1k
-77.7%
-45% vs sector
€51k
+25.5%
-5% vs sector
€51k
+25.5%
-4% vs sector
2.53
-14.7%
+88% vs sector
2.53
-14.2%
+88% vs sector
60.9%
-8.9%
+73% vs sector
0.64
+29.4%
-48% vs sector
-3.1%
-
far below sector median
-1.9%
-
far below sector median
-1.0%
-
+98% vs sector
-0.3%
-
+99% vs sector
-0.51
-
far below sector median
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Revenue | €242k |
| EBITDA | €-639 |
| Net profit | €-2k |
| Cash flow | €-2k |
| Staff costs | €29k |
| Income taxes | - |
| Dividends | - |
| Total assets | €130k |
| Equity | €79k |
| Debt | €51k |
| of which ≤ 1y | €51k |
| of which > 1y | - |
| Working capital | €78k |
| Employees (FTE) | 1.3 |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 2.53 |
| Quick ratio | 2.53 |
| Working capital ratio | 59.9% |
| Solvency | 60.9% |
| Debt / equity | 0.64 |
| Long-term debt ratio | - |
| Interest coverage | -0.51 |
| Gross margin | 11.0% |
| Net margin | -1.0% |
| ROA | -1.9% |
| ROE | -3.1% |
| EBITDA margin | -0.3% |
| Days sales outstanding | 173d |
| Days payable outstanding | 45d |
| Inventory turnover | 1369.47 |
| Days inventory (DSI) | 0d |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €130k |
| Fixed assets | 21/28 | €1k |
| Intangible fixed assets | 21 | €510 |
| Tangible fixed assets | 22/27 | €665 |
| Financial fixed assets | 28 | €115 |
| Current assets | 29/58 | €129k |
| Stocks & contracts in progress | 3 | €157 |
| Amounts receivable within one year | 40/41 | €122k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €130k |
| Equity | 10/15 | €79k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €71k |
| Amounts payable | 17/49 | €51k |
| Amounts payable within one year | 42/48 | €51k |
| Trade debts payable within one year | 44 | €27k |
| Income statement | ||
| Turnover | 70 | €242k |
| Gross operating margin | 9900 | €30k |
| Operating result | 9901 | €-1k |
| Financial income | 75 | €25 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2021 · computed0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | XAVIER VAN GILS AVENUE REINE ASTRID 10,
1330 RIXENSART |
27-08-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Sanitaire werkzaamheden(43221) |
| Legal form | Private limited company(610) |
| Incorporation | 29-01-2010 |
| Status | Active |
| Postal code | 1330 |
| First BS signal | 02-09-2025 |
| Latest BS signal | 02-09-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Establishment units
1 locationRue des Ecoles 12, 1330 Rixensart
since 20102.186.463.736
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,720 m²
Buildings2
Building footprint299 m²
Volume (LiDAR)1,878 m³
Tallest building7.6 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091A1209/00A000 | Wallonia | 1,220 m² | 1 · 93 m² | 7.6 m · 2 fl. |
| 25091C0855/00A000 | Wallonia | 499 m² | 1 · 206 m² | 7.6 m · 2 fl. |
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.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette02-09-2025
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
2 acts All acts · 2
updated 1 year ago
2024
17-09-2024 1 director appointed, 1 resigning
- Santia Nathaëlle, Directeur
- Santia Eric, Directeur
2023
30-03-2023 Dissolution of the company
Analysis
Snowflake analysis
financial profile on 5 axes30
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
7
Solvency
99
Growth
43
Stability
0
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Credit advice
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Company registry (CBE)
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Primary activity highlighted.
Names & trade names
| Legal nameFR | SANTIA - SERVICES |
Registered office
Rue Aviateur Huens 2B bus 1
1330 Rixensart, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.