SANTIS GROUP
InactiveInactive; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-11-2025, 78 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
78 d early
2024
73 d early
2023
2 d early
2022
8 d late
2021
13 d early
2020
13 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 30 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 (1)
Financials · fiscal year 2025, unclassified schema
Turnover
€961,196▼ 57.1%
2024 · €2.2m
EBIT margin
21.4%=
2024 · 21.4%
Net result
€3.7m▲ 1,435%
2024 · €239,033
Working capital
€284,186
2024 · -€2.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.8m€2.0m▲ 10.0%€2.2m▲ 10.8%€961,196▼ 57.1%
Operating result€748,007▲ 83.9%€198,258▼ 73.5%-€107,254€478,909€205,782▼ 57.0%
Net result€1.2m▲ 303%€1.5m▲ 28.1%€356,334▼ 75.9%€239,033▼ 32.9%€3.7m▲ 1,435%
EBIT margin10.8%-5.3%▼ 16.1pp21.4%▲ 26.7pp21.4%=
Equity€3.0m▲ 124%€4.5m▲ 49.6%€4.8m▲ 8.0%€5.1m▲ 5.0%€8.7m▲ 72.6%
Total assets€21.6m▲ 183%€19.9m▼ 7.6%€18.7m▼ 6.4%€18.4m▼ 1.4%€18.1m▼ 1.8%
Debt€18.6m▲ 196%€15.5m▼ 16.7%€13.8m▼ 10.5%€13.4m▼ 3.6%€9.3m▼ 30.0%
Working capital-€11.7m▼ 1,111%-€4.8m▲ 58.5%-€4.6m▲ 3.9%-€2.0m▲ 56.8%€284,186
Staff (FTE)25.5▲ 2.4%25▼ 2.0%27▲ 8.0%27.8▲ 3.0%24.1▼ 13.3%
Why a figure moved sharply
- 2025 Turnover -57%, Net result +1,435% on 2024. This fiscal year ran 6 months, the previous one 12.
- 2021 Net result +303% on 2020. This fiscal year ran 18 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.1m
Fixed assets
€16.9m ▼ 2.9%
Current assets
€1.2m ▲ 15.6%
Equity and liabilities €18.1m
Equity
€8.7m ▲ 72.6%
Debt
€9.3m ▼ 30.0%
Debt's share of the balance-sheet total falls from 72.5% to 51.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€209,733▼
2024 · €488,955
Cash flow
€3.7m▲
2024 · €249,078
Current ratio
1.32▲
2024 · 0.34
Debt to equity
1.07▼
2024 · 2.64
ROE
42.1%▲
2024 · 4.7%
ROA
20.3%▲
2024 · 1.3%
Interest coverage
2.60▲
2024 · 2.02
Debt ≤ 1 year
€892,769▼
2024 · €3.0m
Debt > 1 year
€8.5m▼
2024 · €10.3m
Income taxes
€3,336▼
2024 · €4,074
Staff costs
€624,276▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €1.9m | €2.1m | €2.3m | €965,887 | ▼ 57.3% |
| Turnover70 | - | €1.8m | €2.0m | €2.2m | €961,196 | ▼ 57.1% |
| Other operating income74 | - | €53,648 | €38,749 | €21,330 | €4,692 | ▼ 78.0% |
| Non-recurring operating income76A | - | - | - | €1,000 | - | - |
| Operating charges60/66A | - | €1.7m | €2.2m | €1.8m | €760,105 | ▼ 57.3% |
| Services and other goods61 | - | €390,208 | €706,376 | €370,977 | €105,035 | ▼ 71.7% |
| Remuneration, social security and pensions62 | €1.8m | €1.3m | €1.4m | €1.4m | €624,276 | ▼ 55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,981 | €25,265 | €19,880 | €10,045 | €3,951 | ▼ 60.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€30,128 | - | - | - | - | - |
| Other operating charges640/8 | €76,420 | €7,161 | €4,653 | €3,109 | €979 | ▼ 68.5% |
| Non-recurring operating charges66A | - | - | - | €2,389 | €25,865 | ▲ 983% |
| Gross operating margin9900 | €2.7m | - | - | - | - | - |
| Operating profit (loss)9901 | €748,007 | €198,258 | -€107,254 | €478,909 | €205,782 | ▼ 57.0% |
| Financial income75/76B | €824,915 | €3.3m | €1.3m | €10,252 | €3.5m | ▲ 34,511% |
| Recurring financial income75 | €299,600 | €3.3m | €1.1m | €10,252 | €3.0m | ▲ 29,161% |
| Income from financial fixed assets750 | - | €3.3m | €1.1m | - | €3.0m | - |
| Income from current assets751 | - | €80 | €14,057 | €10,251 | - | - |
| Other financial income752/9 | - | - | - | €1 | €0 | ▼ 76.5% |
| Non-recurring financial income76B | €525,315 | - | €245,602 | - | €548,476 | - |
| Financial charges65/66B | €277,640 | €2.0m | €885,095 | €246,056 | €81,745 | ▼ 66.8% |
| Recurring financial charges65 | €277,640 | €416,255 | €208,275 | €246,056 | €81,745 | ▼ 66.8% |
| Debt charges650 | - | €410,834 | €202,369 | €242,292 | €80,578 | ▼ 66.7% |
| Other financial charges652/9 | - | €5,421 | €5,906 | €3,763 | €1,168 | ▼ 69.0% |
| Non-recurring financial charges66B | - | €1.6m | €676,820 | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.3m | €1.5m | €357,310 | €243,106 | €3.7m | ▲ 1,411% |
| Income taxes67/77 | €142,016 | -€9,806 | €976 | €4,074 | €3,336 | ▼ 18.1% |
| Taxes670/3 | - | €1,338 | €976 | €4,075 | €3,336 | ▼ 18.1% |
| Tax adjustments and reversals of tax provisions77 | - | €11,144 | - | €2 | - | - |
| Profit (loss) for the period9904 | €1.2m | €1.5m | €356,334 | €239,033 | €3.7m | ▲ 1,435% |
| Profit (loss) for the period to be appropriated9905 | €1.2m | €1.5m | €356,334 | €239,033 | €3.7m | ▲ 1,435% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21.6m | €19.9m | €18.7m | €18.4m | €18.1m | ▼ 1.8% |
| Fixed assets21/28 | €20.5m | €17.9m | €17.4m | €17.4m | €16.9m | ▼ 2.9% |
| Intangible fixed assets21 | - | - | - | €7,500 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €92,138 | €67,109 | €47,022 | €38,227 | €9,404 | ▼ 75.4% |
| Plant, machinery and equipment23 | €928 | €207 | - | €0 | - | - |
| Furniture and vehicles24 | €7,618 | €1,818 | €446 | €327 | €0 | ▼ 100% |
| Leasing and similar rights25 | €48,277 | €34,815 | €21,352 | €17,720 | €9,404 | ▼ 46.9% |
| Other tangible fixed assets26 | €35,314 | €30,269 | €25,224 | €20,179 | €0 | ▼ 100% |
| Financial fixed assets28 | €20.4m | €17.8m | €17.3m | €17.3m | €16.9m | ▼ 2.7% |
| Affiliated companies280/1 | - | €17.8m | €17.3m | €17.3m | €16.9m | ▼ 2.7% |
| Participating interests280 | - | €17.8m | €17.3m | €17.3m | €16.9m | ▼ 2.7% |
| Other financial fixed assets284/8 | - | - | - | - | €270 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €270 | - |
| Current assets29/58 | €1.1m | €2.1m | €1.3m | €1.0m | €1.2m | ▲ 15.6% |
| Amounts receivable within one year40/41 | €340,958 | €1.6m | €523,063 | €654,274 | €1.1m | ▲ 63.0% |
| Trade receivables40 | €227,283 | €296,642 | €46,066 | €454,033 | €420,069 | ▼ 7.5% |
| Other amounts receivable41 | €113,675 | €1.3m | €476,997 | €200,242 | €646,430 | ▲ 223% |
| Current investments50/53 | - | - | €500,000 | €250,000 | - | - |
| Other investments51/53 | - | - | €500,000 | €250,000 | - | - |
| Cash at bank and in hand54/58 | €752,372 | €446,081 | €214,079 | €105,317 | €103,949 | ▼ 1.3% |
| Deferred charges and accrued income490/1 | €6,503 | €13,883 | €34,979 | €8,851 | €6,507 | ▼ 26.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21.6m | €19.9m | €18.7m | €18.4m | €18.1m | ▼ 1.8% |
| Equity10/15 | €3.0m | €4.5m | €4.8m | €5.1m | €8.7m | ▲ 72.6% |
| Contributions10/11 | €103,506 | €103,506 | €103,506 | €103,506 | €103,506 | = |
| Capital10 | €103,506 | €103,506 | €103,506 | - | - | - |
| Issued capital100 | €103,506 | €103,506 | €103,506 | - | - | - |
| Reserves13 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Non-distributable reserves130/1 | €10,971 | €10,971 | €10,971 | €10,971 | €10,971 | = |
| Legal reserve130 | €10,971 | €10,971 | €10,971 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €10,971 | €10,971 | = |
| Distributable reserves133 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Profit (loss) carried forward14 | €1.2m | €2.6m | €3.0m | €3.2m | €6.9m | ▲ 113% |
| Amounts payable17/49 | €18.6m | €15.5m | €13.8m | €13.4m | €9.3m | ▼ 30.0% |
| Amounts payable after more than one year17 | €5.8m | €8.6m | €7.9m | €10.3m | €8.5m | ▼ 18.0% |
| Financial debts170/4 | €5.8m | €8.6m | €7.9m | €6.7m | €6.7m | = |
| Leasing and similar obligations172 | - | €21,327 | €16,179 | €10,854 | €10,854 | = |
| Credit institutions173 | - | €8.5m | €7.9m | €6.7m | €6.7m | = |
| Other amounts payable178/9 | - | - | - | €3.6m | €1.7m | ▼ 51.9% |
| Amounts payable within one year42/48 | €12.8m | €6.9m | €5.9m | €3.0m | €892,769 | ▼ 70.5% |
| Current portion of amounts payable after more than one year42 | €747,119 | €1.1m | €1.1m | €1.2m | €646,390 | ▼ 45.9% |
| Financial debts43 | €40,000 | €43,134 | €53,505 | €1.6m | - | - |
| Credit institutions430/8 | €40,000 | €43,134 | €53,505 | €1.6m | - | - |
| Trade debts44 | €54,911 | €44,710 | €25,106 | €16,963 | €175,586 | ▲ 935% |
| Suppliers440/4 | €54,911 | €44,710 | €25,106 | €16,963 | €175,586 | ▲ 935% |
| Taxes, remuneration and social security45 | €244,173 | €291,642 | €192,852 | €182,968 | €70,794 | ▼ 61.3% |
| Taxes450/3 | €118,343 | €164,713 | €39,838 | €26,908 | €48,971 | ▲ 82.0% |
| Remuneration and social security454/9 | €125,830 | €126,929 | €153,014 | €156,060 | €21,823 | ▼ 86.0% |
| Other amounts payable47/48 | €11.7m | €5.5m | €4.6m | - | - | - |
| Accrued charges and deferred income492/3 | €513 | €1,077 | €38 | €15,396 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €1.5m | €356,334 | €239,033 | €3.7m | ▲ 1,435% |
| + Depreciation and write-downs630 | €81,981 | €25,265 | €19,880 | €10,045 | €3,951 | ▼ 60.7% |
| Operating cash flow (approximation) | €1.2m | €1.5m | €376,214 | €249,078 | €3.7m | ▲ 1,375% |
| Investment in fixed assets (approximation) | - | €2.6m | €450,572 | -€8,750 | €493,056 | ▲ 5,735% |
| Change in cash | - | -€306,291 | -€232,002 | -€108,762 | -€1,368 | ▲ 98.7% |
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
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
30-06
Financial
Highest result since 2019net €3.7m ▲1,435%
Net result €3.7m, the highest in the series.
30-06
Financial
Liquidity quadruplescurrent ratio 1.32
Current ratio from 0.34 to 1.32; short-term debt falls from €3.0m to €892,769.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Equity above €5mEq €5.1m ▲5%
6 profitable years in a row build equity to €5.1m.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €2mEq €3.0m ▲124%
3 profitable years in a row build equity to €3.0m.
18-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
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100%
Stated earlier (11)
An older source named these holdings; newer accounts no longer list them.
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100%
- Sourceaccounts BIOPHA 2022100%
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100%
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100%
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100%
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100%
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100%
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100%
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100%
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100%
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50.97%
According to the annual accounts to 30-06-2025 of SANTIS GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.