Equity
€18.4m ▲ 91.7%
Equity rose in 2025 from €9.6m to €18.4m.
SAS - IMMOBILIEN
Lifetime
19 annual accounts with figures on one time axis, 33 filings since 1993peak €4.5m (2022)
€2.6m▲ 4.1%
lowest -€136,747 (2024)
€2.4m▲ €2.5m
peak €18.4m (2025)
€18.4m▲ 91.7%
€5.4m▼ 28.6%
peak 3.3 FTE (2017)
3.1 FTEunchanged
Board5 names since 2014
3 directors and 2 others
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Back to profit: €2.4mMerger proposal: SAS-IMMOBILIEN takes over SANLENCO 18-11Equity from €9.6m to €18.4mDebts from €7.5m to €5.4mInvestments €3.6mCash from €132,883 to €2.0m
Key points
from the 2025 annual accountsInvestments
€394,078 0.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 15.7% higher than in 2024.
Payment terms
8 days to suppliers
SAS - IMMOBILIEN pays its suppliers 74 days earlier than in 2024. Customers pay 5 days later.
Liquidity
12.94 was 1.01 in 2024
Short-term debts rose from €293,353 to €408,803.
Restructuring
2026
Merger with SANLENCO. Merger on 27-01-2026.
Position in the sector
€2.4m
Higher net result than 84% of companies in rental and leasing. Sector median €125,523 · 280 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 SAS - IMMOBILIEN 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 SAS - IMMOBILIEN. 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
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Signals
Recent changes
3 directors reappointed
(managing director), and (managing director) · General meeting of 19-05-2026 · Gazette deed
Merger: SAS-IMMOBILIEN takes over SANLENCO
Capital increase of €3,576,537.04 to €6,612,177.04 · Capital from €3,035,640 to €6,612,177.04 · Resignations: , and · General meeting of 31-12-2025 · Gazette deed
Merger proposal: SAS-IMMOBILIEN takes over SANLENCO
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447888095
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SAS - IMMOBILIEN Kampenhout | €2.6m | - | 75.1% | 3.1 |
| PGS REVERSE EUROPE Gistel | €14.3m | 2.8% | 43.7% | 5 |
| VAN LOOY INVEST Bonheiden | - | - | 99.0% | 4.8 |
| Willems Tenten Lommel | - | - | 22.8% | 4.8 |
| WELBI INVEST Dessel | - | - | 98.8% | 3.5 |
| W.D.B. INVEST Oosterzele | - | - | 40.1% | 1.8 |
| Scandinavian Stevedoring Company Antwerp | €0.1m | -94.5% | 94.6% | - |
These companies have the same main activity as SAS - IMMOBILIEN: renting and leasing of other personal and household goods (NACE 77229). They are comparable in size and age: total assets between €6.5m and €15m, founded between 1968 and 2007.
Official details
Source: KBO- Status
- Active since 26-06-1992Normal situation
- Activity
- Renting and leasing of other personal and household goodsNACE 77229and 1 other
- Establishment unit
- 2.058.711.5681910 Kampenhout, since 04-09-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 09-10-2024
Annual accounts 2025
- €6.0m▲ 137%
- €24.5m▲ 43.0%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on SAS - IMMOBILIEN
SAS - IMMOBILIEN has existed since 1992. Turnover grew from €518,294 in 2007 to €2.6m in 2025.
Solvency rose in 2025 from 56.1% to 75.1% because of the retained profit and a capital increase and lower debts.
In June 2023, the Official Gazette published the appointment of as managing director.
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 SAS - IMMOBILIEN
- What is the company number of SAS - IMMOBILIEN?
- The company number of SAS - IMMOBILIEN is 0447.888.095. The VAT number is the same number with BE in front: BE 0447.888.095.
- Where is SAS - IMMOBILIEN based?
- The registered office is at Industriestraat 31, 1910 Kampenhout.Company details
- What does SAS - IMMOBILIEN do?
- According to the KBO register, the main activity is renting and leasing of other personal and household goods (NACE 77229).
- What is the legal form of SAS - IMMOBILIEN?
- SAS - IMMOBILIEN is a public limited company (NV).
- When was SAS - IMMOBILIEN founded?
- SAS - IMMOBILIEN was founded on 26-06-1992.
- Is SAS - IMMOBILIEN still active?
- Yes, SAS - IMMOBILIEN is an active enterprise in the KBO register.
- How many employees does SAS - IMMOBILIEN have?
- SAS - IMMOBILIEN had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SAS - IMMOBILIEN?
- The turnover of SAS - IMMOBILIEN was €2.6m in financial year 2025, according to the filed annual accounts.
- Is SAS - IMMOBILIEN profitable?
- In financial year 2025, SAS - IMMOBILIEN made a profit of €2.4m.
- Where can I find the annual accounts of SAS - IMMOBILIEN?
- SAS - IMMOBILIEN filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SAS - IMMOBILIEN due?
- SAS - IMMOBILIEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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