SANTIM
ActiveSummary
SANTIM has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,618 and a net result of €4,445. Equity is growing by ~4.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,247 | €5,247 | €5,247 | €5,247 | €5,247 | = |
| Other operating charges640/8 | €1,759 | €1,802 | €1,964 | €2,035 | €2,097 | ▲ 3.1% |
| Gross operating margin9900 | €9,573 | €10,116 | €11,083 | €11,536 | €11,898 | ▲ 3.1% |
| Operating profit (loss)9901 | €2,567 | €3,068 | €3,872 | €4,255 | €4,554 | ▲ 7.0% |
| Financial charges65/66B | €252 | €55 | €59 | €60 | €109 | ▲ 81.0% |
| Recurring financial charges65 | €252 | €55 | €59 | €60 | €109 | ▲ 81.0% |
| Profit (loss) for the period before taxes9903 | €2,315 | €3,013 | €3,814 | €4,195 | €4,445 | ▲ 6.0% |
| Profit (loss) for the period9904 | €2,315 | €3,013 | €3,814 | €4,195 | €4,445 | ▲ 6.0% |
| Profit (loss) for the period to be appropriated9905 | €2,315 | €3,013 | €3,814 | €4,195 | €4,445 | ▲ 6.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €242,143 | €233,597 | €225,845 | €218,501 | €211,753 | ▼ 3.1% |
| Fixed assets21/28 | €232,653 | €227,406 | €222,160 | €216,913 | €211,666 | ▼ 2.4% |
| Tangible fixed assets22/27 | €232,653 | €227,406 | €222,160 | €216,913 | €211,666 | ▼ 2.4% |
| Land and buildings22 | €232,653 | €227,406 | €222,160 | €216,913 | €211,666 | ▼ 2.4% |
| Current assets29/58 | €9,490 | €6,191 | €3,686 | €1,588 | €87 | ▼ 94.5% |
| Cash at bank and in hand54/58 | €9,490 | €6,191 | €3,686 | €1,588 | €87 | ▼ 94.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €242,143 | €233,597 | €225,845 | €218,501 | €211,753 | ▼ 3.1% |
| Equity10/15 | €69,151 | €72,165 | €75,978 | €80,173 | €84,618 | ▲ 5.5% |
| Contributions10/11 | €130,000 | €130,000 | €130,000 | €130,000 | €130,000 | = |
| Reserves13 | €48,073 | €48,073 | €48,073 | €48,073 | €48,073 | = |
| Non-distributable reserves130/1 | €13,000 | €13,000 | €13,000 | €13,000 | €13,000 | = |
| Reserves not available under the articles1311 | €13,000 | €13,000 | €13,000 | €13,000 | €13,000 | = |
| Distributable reserves133 | €35,073 | €35,073 | €35,073 | €35,073 | €35,073 | = |
| Profit (loss) carried forward14 | -€108,922 | -€105,908 | -€102,095 | -€97,900 | -€93,455 | ▲ 4.5% |
| Amounts payable17/49 | €172,991 | €161,432 | €149,867 | €138,328 | €127,135 | ▼ 8.1% |
| Amounts payable after more than one year17 | €172,634 | €161,018 | €148,999 | €137,399 | €126,527 | ▼ 7.9% |
| Other amounts payable178/9 | €172,634 | €161,018 | €148,999 | €137,399 | €126,527 | ▼ 7.9% |
| Amounts payable within one year42/48 | €357 | €414 | €868 | €542 | €608 | ▲ 12.1% |
| Trade debts44 | €357 | €414 | €868 | €542 | €608 | ▲ 12.1% |
| Suppliers440/4 | €357 | €414 | €868 | €542 | €608 | ▲ 12.1% |
| Accrued charges and deferred income492/3 | - | - | - | €387 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,315 | €3,013 | €3,814 | €4,195 | €4,445 | ▲ 6.0% |
| + Depreciation and write-downs630 | €5,247 | €5,247 | €5,247 | €5,247 | €5,247 | = |
| Operating cash flow (approximation) | €7,561 | €8,260 | €9,060 | €9,442 | €9,692 | ▲ 2.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€3,299 | -€2,505 | -€2,097 | -€1,502 | ▲ 28.4% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44036A1365/00P002 | Flanders | 1,073 m² | 1 · 156 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
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