Equity
€73,163 ▼ 3.9%
SAPACO paid out €8,500 in dividends. That is 154% of the 2026 profit.
SAPACO
Lifetime
19 annual accounts with figures on one time axispeak €44,764 (2025)
€20,411▼ 54.4%
peak €28,864 (2025)
€5,532▼ 80.8%
peak €76,844 (2021)
€73,163▼ 3.9%
€11,093▲ 0.4%
Board2 names since 2021
1 director
Documentsfilings and deeds
08-10-202623 days before the deadline
2026micro format
Gross margin from €44,764 to €20,411Result from €28,864 to €5,532Dividend €8,500Cash from €23,352 to €31,576
Key points
from the 2026 annual accountsFilings
19 annual accounts since 2008
The last five annual accounts were filed 17 to 36 days before the end of the period.
Position in the sector
86.8%
Higher solvency than 89% of companies in specialised construction. Sector median 49.6% · 1,219 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as SAPACO has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,386 companies, not a prediction for SAPACO. 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.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0883716223
Appointments: (statutory director) and (successor director)
“Fokken van andere dieren; Ondersteuneride activiteiten in verband met de landbouw,activiteiten met betrekking…” (deed in Dutch) · Legal-form conversion: to private limited company · General meeting of 30-08-2021 · Gazette deed
Incorporation
published on 03-10-2006 · Gazette deed
First establishment
Heuvel 35, Geel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SAPACO Geel | €84,256 | €20,411 | 86.8% | - |
| RENOTAS Antwerp | €87,667 | €18,843 | 54.1% | - |
| 't WERK Herselt | €83,857 | €25,155 | 60.4% | - |
| B.H.D. Antwerp | €76,487 | €22,656 | 76.8% | - |
| Heating Masters Aartselaar | €69,746 | €23,314 | 86.8% | - |
| HEK Mol | €99,798 | €17,610 | 52.7% | - |
| VAN de VELDE PLC Nijlen | €67,417 | €21,117 | 85.2% | - |
These companies have the same main activity as SAPACO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €67,400 and €99,800, founded between 2004 and 2008.
Official details
Source: KBO- Status
- Active since 25-09-2006Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 3 others
- Establishment unit
- 2.156.542.1072440 Geel, since 25-09-2006
- Financial year end
- 31 March
- Peppol
- Reachable since 12-03-2025
Annual accounts to 31-03-2026
- ≈ €270,000estimated
- €84,256▼ 3.4%
- Filing
- Filed on 08-10-2026, 23 days before the end of the filing period
Insights on SAPACO
SAPACO files the micro format. That format states no turnover. The gross margin fell from €24,682 in 2008 to €20,411 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SAPACO
- What is the company number of SAPACO?
- The company number of SAPACO is 0883.716.223. The VAT number is the same number with BE in front: BE 0883.716.223.
- Where is SAPACO based?
- The registered office is at Heuvel 35, 2440 Geel.Company details
- What does SAPACO do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of SAPACO?
- SAPACO is a private limited company (BV).
- When was SAPACO founded?
- SAPACO was founded on 25-09-2006.
- Is SAPACO still active?
- Yes, SAPACO is an active enterprise in the KBO register.
- What is the turnover of SAPACO?
- The turnover in financial year 2026 is ≈ €270,000. This figure is estimated from the gross margin of €20,411 and 199 comparable companies (NACE 43990). It probably lies between €150,000 and €540,000. It is a rough estimate.Financials
- Is SAPACO profitable?
- In financial year 2026, SAPACO made a profit of €5,532.
- Where can I find the annual accounts of SAPACO?
- SAPACO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SAPACO due?
- SAPACO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.