SAPO
ActiveSummary
SAPO has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,266 and a net result of €8,562. Equity has been growing by about 8.3% per year since 2018. Its solvency ranks better than 73% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 12-05-2000 Normal situation
- Activity
- Wholesale trade NACE 46442and 1 other
- Establishment unit
- 2.099.596.672 9990 Maldegem, since 02-06-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Board and ownership
- Karel PollierDirector
- DEVRIESE Hilde Huberta Marie LouiseDirector
- POLLIER Geert Bertrand HélèneDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €27,135
- ▼ 3.8%
- Turnover
- ≈ €140,000
- estimated
- Profit
- €8,562
- ▲ 0.4%
- Equity
- €111,266
- ▲ 8.3%
- Total assets
- €162,129
- ▼ 5.7%
Score breakdownlowers riskLiquidity: current ratio 3.85, cash €54,165Founded in 2000Equity €111,266 (68.6% of total assets)Figures for financial year 2025 (filed on 29-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 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 46, micro). It does better than 74% of them on solvency, 85% on liquidity, 64% on profitability and 61% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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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Signals
The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Purpose · Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousResignations: POLLIER Geert Bertrand Hélène (statutory director) and POLLIER Karel Germain Estella (gewone bestuurder) · Reappointments: POLLIER Geert Bertrand Hélène (director) and POLLIER Karel Germain Estella (director) · Appointment: DEVRIESE Hilde Huberta Marie Louise (director)
- · Gazette deed Appointment: Karel Pollier (director)
Comparable companies
These companies have the same main activity as SAPO: wholesale trade (NACE 46442). They are comparable in size and age: total assets between €79,900 and €252,000, founded between 1993 and 2003.
| Company | Total assets | Gross margin |
|---|---|---|
| SAPO Maldegem | €162,129 | €27,135 |
| CARHER Frasnes-lez-Anvaing | €217,060 | €27,703 |
| Rifflart & co Anderlecht | €115,305 | €28,777 |
| SINCLEAN Sint-Niklaas | €232,024 | €44,352 |
| HOLVAET Dendermonde | €79,925 | €45,213 |
| BVR Tremelo | €252,087 | €36,515 |
| G-FORCE Hasselt | €192,474 | €53,952 |
Key facts about SAPO
- What is the company number of SAPO?
- The company number of SAPO is 0471.874.316. The VAT number is the same number with BE in front: BE 0471.874.316.
- Where is SAPO based?
- The registered office is at Heirweg 38 C, 9990 Maldegem.Company details
- What does SAPO do?
- According to the KBO register, the main activity is wholesale trade (NACE 46442).
- What is the legal form of SAPO?
- The legal form of SAPO is Private limited company (BV).
- When was SAPO founded?
- SAPO was founded on 12-05-2000.
- Is SAPO still active?
- Yes, SAPO is an active enterprise in the KBO register.
- What is the turnover of SAPO?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €27,135 and 33 comparable companies (NACE 464). It probably lies between €86,000 and €290,000.Financials
- Is SAPO profitable?
- In financial year 2025, SAPO made a profit of €8,562.
- Where can I find the annual accounts of SAPO?
- SAPO filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SAPO due?
- SAPO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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