Skip to content

SANTORE

Active
Private limited companyfounded 20232 yrs activeFélicien Ropsstraat 29C, 1070 Anderlecht, BelgiumKBO/BCE: BE 1003.248.234
Summary

SANTORE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,524 and a net result of €18,353. Its solvency ranks better than 86% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+33
Solvency100▲+70
Growth78
Track record82
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.43 against 0.27 in 2024; short-term debt: 18.2% and cash: 41.1% of total assets), and 18.2% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
81.8%
Return on assets
76.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
31 d early
2024
1 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SANTORE was incorporated on 11 December 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18,353
2024 · -€329
Working capital
€10,604
2024 · -€16,668
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€204-€18,395
Net result-€329within the sector's middle half-€18,353within the sector's middle half
Equity€1,171below the sector's middle half-€19,524below the sector's middle half▲ 1,568%
Total assets€23,883below the sector's middle half-€23,881below the sector's middle half=
Debt€22,713-€4,358▼ 80.8%
Working capital-€16,668within the sector's middle half-€10,604within the sector's middle half
Solvency4.9%below the sector's middle half-81.8%above the sector's middle half▲ 76.9pp
Current ratio0.27below the sector's middle half-3.43above the sector's middle half▲ 3.17
Return on assets (ROA)-1.4%within the sector's middle half-76.9%above the sector's middle half▲ 78.2pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000€20,000Operating result 2024: -€204-€204Net result 2024: -€329-€329Operating result 2025: €18,395€18,395Net result 2025: €18,353€18,35320242025-€5,000€0€5,000€10,000€15,000€20,000Operating result 2024: -€204-€204Net result 2024: -€329-€329Operating result 2025: €18,395€18,400Net result 2025: €18,353€18,40020242025
The operating result returns to profit in 2025: €18,395 after a loss of €204 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23,881
Fixed assets €8,919 ▼ 50.0%
Current assets €14,962 ▲ 148%
Equity and liabilities €23,881
Equity €19,524 ▲ 1,568%
Debt €4,358 ▼ 80.8%
Debt's share of the balance-sheet total falls from 95.1% to 18.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27,314▲
2024 · €8,715
Cash flow
€27,273▲
2024 · €8,590
Debt to equity
0.22▼
2024 · 19.40
ROE
94.0%▲
2024 · -28.1%
Interest coverage
658.97▲
2024 · 69.72
Debt ≤ 1 year
€4,358▼
2024 · €22,713
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€23,883€23,881=
Fixed assets21/28€17,839€8,919▼
Tangible fixed assets22/27€17,839€8,919▼
Furniture and vehicles24€17,839€8,919▼
Current assets29/58€6,044€14,962▲
Amounts receivable within one year40/41€297€2,297▲
Trade receivables40€297-
Other amounts receivable41-€2,297
Cash at bank and in hand54/58€5,747€9,826▲
Deferred charges and accrued income490/1-€2,839
Equity and liabilities
Total equity and liabilities10/49€23,883€23,881=
Equity10/15€1,171€19,524▲
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14-€329€18,024▲
Amounts payable17/49€22,713€4,358▼
Amounts payable within one year42/48€22,713€4,358▼
Trade debts44€685-
Suppliers440/4€685-
Taxes, remuneration and social security45€3,266€4,358▲
Taxes450/3€3,266€4,358▲
Other amounts payable47/48€18,762-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,919€8,919=
Other operating charges640/8-€295
Gross operating margin9900€8,715€27,609▲
Operating profit (loss)9901-€204€18,395▲
Financial charges65/66B€125€41▼
Recurring financial charges65€125€41▼
Profit (loss) for the period before taxes9903-€329€18,353▲
Profit (loss) for the period9904-€329€18,353▲
Profit (loss) for the period to be appropriated9905-€329€18,353▲
Appropriation of the result
Profit (loss) to be appropriated9906-€329€18,024▲
Profit (loss) brought forward from the previous period14P--€329

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,919€8,919=
Other operating charges640/8-€295-
Gross operating margin9900€8,715€27,609▲ 217%
Operating profit (loss)9901-€204€18,395▲ 9,097%
Financial charges65/66B€125€41▼ 66.8%
Recurring financial charges65€125€41▼ 66.8%
Profit (loss) for the period before taxes9903-€329€18,353▲ 5,671%
Profit (loss) for the period9904-€329€18,353▲ 5,671%
Profit (loss) for the period to be appropriated9905-€329€18,353▲ 5,671%
Line20242025Change
Assets
Total assets20/58€23,883€23,881=
Fixed assets21/28€17,839€8,919▼ 50.0%
Tangible fixed assets22/27€17,839€8,919▼ 50.0%
Furniture and vehicles24€17,839€8,919▼ 50.0%
Current assets29/58€6,044€14,962▲ 148%
Amounts receivable within one year40/41€297€2,297▲ 673%
Trade receivables40€297--
Other amounts receivable41-€2,297-
Cash at bank and in hand54/58€5,747€9,826▲ 71.0%
Deferred charges and accrued income490/1-€2,839-
Equity and liabilities
Total equity and liabilities10/49€23,883€23,881=
Equity10/15€1,171€19,524▲ 1,568%
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14-€329€18,024▲ 5,571%
Amounts payable17/49€22,713€4,358▼ 80.8%
Amounts payable within one year42/48€22,713€4,358▼ 80.8%
Trade debts44€685--
Suppliers440/4€685--
Taxes, remuneration and social security45€3,266€4,358▲ 33.4%
Taxes450/3€3,266€4,358▲ 33.4%
Other amounts payable47/48€18,762--
Line20242025Change
Profit (loss) for the period9904-€329€18,353▲ 5,671%
+ Depreciation and write-downs630€8,919€8,919=
Operating cash flow (approximation)€8,590€27,273▲ 217%
Investment in fixed assets (approximation)-€0-
Change in cash-€4,078-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €18,353
Net result €18,353 after one loss-making year.
31-12
Financial Liquidity times 13current ratio 3.43
Current ratio from 0.27 to 3.43; short-term debt falls from €22,713 to €4,358.
01-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are 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, Anderlecht · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
9,416 m²
Building footprint
1,031 m²
Volume, LiDAR
20,186 m³
Parcel 21308H0651/00B002, Brussels · tallest building 32.0 m, ±6 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
SANTORE
Félicien Ropsstraat 29C, 1070 AnderlechtReal estate development
since 20232.352.875.352
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21308H0651/00B002 Brussels 9,416 m² 1 · 1,031 m² 32.0 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,294 companies in sector 68122 we hold annual accounts for 904. 355 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003248234
Registered 27-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.