SANTIS
ActiveSummary
SANTIS has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€7,015) and a net result of €12,753. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 39,312 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-01-2010 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 4 others
- Establishment unit
- 2.184.966.075 2500 Lier, since 11-01-2010
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- -€3,533
- ▼ 17.3%
- Profit
- €12,753
- ▲ 148%
- Equity
- -€7,015
- ▲ 64.5%
- Total assets
- €233,801
- ▼ 5.5%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€7,0151 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 8% of them on solvency, 44% on liquidity, 24% on profitability and 84% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 113 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 16 filings
Every figure per financial year
The operating result for 2025 is 19% lower than in 2024 and the lowest since 2022.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €110,906 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,999 | €24,354 | €13,374 | - | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€5,676 | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €81,000 | -€11,816 | -€11,021 | -€10,216 | -€9,334 | ▲ 8.6% |
| Other operating charges640/8 | - | - | - | €6,419 | €4,233 | €1,109 | €761 | €570 | ▼ 25.1% |
| Gross operating margin9900 | €36,232 | €45,747 | €35,998 | €101,492 | -€2,377 | -€3,629 | -€3,012 | -€3,533 | ▼ 17.3% |
| Operating profit (loss)9901 | €8,048 | €18,996 | -€18,802 | €19,749 | €5,205 | €6,283 | €6,444 | €5,231 | ▼ 18.8% |
| Financial income75/76B | - | - | - | - | €623 | €834 | €6,543 | €14,535 | ▲ 122% |
| Recurring financial income75 | - | €1 | €731 | - | €623 | €834 | €6,543 | €14,535 | ▲ 122% |
| Financial charges65/66B | - | - | - | €13,092 | €37,042 | €9,383 | €7,852 | €7,013 | ▼ 10.7% |
| Recurring financial charges65 | €15,741 | €14,752 | €13,171 | €13,092 | €37,042 | €9,383 | €7,852 | €7,013 | ▼ 10.7% |
| Profit (loss) for the period before taxes9903 | -€7,693 | €4,244 | -€31,242 | €6,657 | -€31,214 | -€2,267 | €5,134 | €12,753 | ▲ 148% |
| Income taxes67/77 | €27 | €602 | - | - | - | €0 | - | - | - |
| Profit (loss) for the period9904 | -€7,721 | €3,643 | -€31,242 | €6,657 | -€31,214 | -€2,267 | €5,134 | €12,753 | ▲ 148% |
| Profit (loss) for the period to be appropriated9905 | -€7,721 | €3,643 | -€31,242 | €6,657 | -€31,214 | -€2,267 | €5,134 | €12,753 | ▲ 148% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €468,316 | €443,722 | €363,067 | €373,597 | €304,616 | €273,934 | €247,374 | €233,801 | ▼ 5.5% |
| Fixed assets21/28 | €391,147 | €366,793 | €353,419 | - | - | - | - | - | - |
| Intangible fixed assets21 | €10,980 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €380,167 | €366,793 | €353,419 | - | - | - | - | - | - |
| Current assets29/58 | €77,169 | €76,929 | €9,648 | €373,597 | €304,616 | €273,934 | €247,374 | €233,801 | ▼ 5.5% |
| Amounts receivable within one year40/41 | €71,165 | €76,763 | - | €9,302 | €9,349 | €199 | €867 | €4,397 | ▲ 407% |
| Other amounts receivable41 | - | - | - | €9,302 | €9,349 | €199 | €867 | €4,397 | ▲ 407% |
| Current investments50/53 | - | - | - | €348,879 | €285,000 | €264,000 | €234,000 | €215,000 | ▼ 8.1% |
| Cash at bank and in hand54/58 | €6,004 | €166 | €9,475 | €15,417 | €10,267 | €9,735 | €12,506 | €14,405 | ▲ 15.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €468,316 | €443,722 | €363,067 | €373,597 | €304,616 | €273,934 | €247,374 | €233,801 | ▼ 5.5% |
| Equity10/15 | €29,521 | €33,164 | €1,922 | €8,579 | -€22,635 | -€24,902 | -€19,768 | -€7,015 | ▲ 64.5% |
| Contributions10/11 | €26,100 | €26,100 | - | €26,100 | €26,100 | €26,100 | €26,100 | €26,100 | = |
| Reserves13 | €2,610 | €2,610 | €2,610 | €2,610 | €2,610 | €2,610 | €2,610 | €2,610 | = |
| Non-distributable reserves130/1 | - | - | - | €2,610 | €2,610 | €2,610 | €2,610 | €2,610 | = |
| Reserves not available under the articles1311 | - | - | - | €2,610 | €2,610 | €2,610 | €2,610 | €2,610 | = |
| Profit (loss) carried forward14 | €811 | €4,454 | -€26,788 | -€20,131 | -€51,345 | -€53,612 | -€48,478 | -€35,725 | ▲ 26.3% |
| Provisions and deferred taxes16 | - | - | - | €81,000 | €69,184 | €58,164 | €47,947 | €38,613 | ▼ 19.5% |
| Provisions for liabilities and charges160/5 | - | - | - | €81,000 | €69,184 | €58,164 | €47,947 | €38,613 | ▼ 19.5% |
| Other liabilities and charges164/5 | - | - | - | €81,000 | €69,184 | €58,164 | €47,947 | €38,613 | ▼ 19.5% |
| Amounts payable17/49 | €438,794 | €410,558 | €361,145 | €284,019 | €258,067 | €240,673 | €219,194 | €202,203 | ▼ 7.8% |
| Amounts payable after more than one year17 | €387,221 | €361,103 | €278,549 | €254,275 | €233,791 | €212,501 | €190,330 | €167,264 | ▼ 12.1% |
| Financial debts170/4 | - | - | - | €254,275 | €233,791 | €212,501 | €190,330 | €167,264 | ▼ 12.1% |
| Amounts payable within one year42/48 | €51,573 | €49,455 | €70,846 | €29,743 | €24,276 | €28,171 | €28,864 | €34,939 | ▲ 21.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €24,274 | €20,485 | €21,289 | €22,171 | €23,066 | ▲ 4.0% |
| Trade debts44 | €4,848 | €6,061 | €4,186 | €5,470 | €3,792 | €2,566 | €1,953 | €3,892 | ▲ 99.3% |
| Suppliers440/4 | - | - | - | €5,470 | €3,792 | €2,566 | €1,953 | €3,892 | ▲ 99.3% |
| Other amounts payable47/48 | - | - | - | - | - | €4,316 | €4,740 | €7,981 | ▲ 68.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,721 | €3,643 | -€31,242 | €6,657 | -€31,214 | -€2,267 | €5,134 | €12,753 | ▲ 148% |
| + Depreciation and write-downs630 | €24,999 | €24,354 | €13,374 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €17,279 | €27,997 | -€17,868 | €6,657 | -€31,214 | -€2,267 | €5,134 | €12,753 | ▲ 148% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - | - | - |
| Change in cash | - | -€5,837 | €9,308 | €5,942 | -€5,150 | -€532 | €2,771 | €1,898 | ▼ 31.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,632 companies had the same profile as SANTIS has now. Two years later, 91.9% were still going and 2.9% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SANTIS itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for SANTIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00214803 | |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00511153 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00378950 | |
| 31-12-2022 | micro format | 18-03-2024 | 2024-00046394 | |
| 31-12-2021 | micro format | 07-02-2023 | 2023-00026824 | |
| 31-12-2020 | micro format | 09-12-2021 | 2021-79800599 | |
| 31-12-2019 | micro format | 29-01-2021 | 2021-04100003 | |
| 31-12-2018 | micro format | 27-11-2019 | 2019-74800156 | |
| 31-12-2017 | micro format | 20-08-2018 | 2018-47700437 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-49600394 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
SANTIS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SANTIS. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
22-05
Gazette deed
Registered office moved from Lier to AntwerpNew registered office: Schillerstraat 22 2050 Antwerpen · Previous registered office: Kartuizersvest 58/5 2500 Lier2 points ▸
- General meeting, 13-04-2026
- Registered-office move, Schillerstraat 22 2050 Antwerpen
03-05
Gazette deed
Registered office moved within LierNew registered office: Kartuizersvest 58/5 2500 Lier · Previous registered office: Sionsvest 68/1, 2500 Lier2 points ▸
- Registered-office move, Kartuizersvest 58/5 2500 Lier
- Director in office, Geert Van Hemeledonck
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Kartuizersvest 58/5, 2500 Lier until 01-04-2026 · deed of 22-05-2026
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11813N0722/00B006 | Flanders | 381 m² | 1 · 117 m² | 11.7 m · 3 |