SAUNAPOOL
ActiveSummary
SAUNAPOOL has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €526k and a net result of €-13k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-27
Solvency95▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 4.69 against 4.76 in 2024; short-term debt: 18.3% and cash: 29.2% of total assets), and 29.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
27 d early
2023
48 d early
2022
69 d early
2021
48 d early
2020
166 d early
2019
123 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€526k▼ 2.5%
2024 · €539k
2018: €356k
2019: €370k▲ +3.9% vs 2018
2020: €435k▲ +17.4% vs 2019
2021: €346k▼ -20.4% vs 2020lowest in 8 years
2022: €399k▲ +15.4% vs 2021
2023: €442k▲ +10.6% vs 2022
2024: €539k▲ +22.0% vs 2023highest in 8 years
2025: €526k▼ -2.5% vs 2024
2018 → 2025
Total assets
€746k▲ 0.6%
2024 · €741k
2018: €439klowest in 8 years
2019: €468k▲ +6.6% vs 2018
2020: €581k▲ +24.0% vs 2019
2021: €653k▲ +12.4% vs 2020
2022: €676k▲ +3.6% vs 2021
2023: €707k▲ +4.6% vs 2022
2024: €741k▲ +4.8% vs 2023
2025: €746k▲ +0.6% vs 2024highest in 8 years
2018 → 2025
Net result
€-13k
2024 · €147k
2018: €36k
2019: €14k▼ -60.8% vs 2018
2020: €64k▲ +359% vs 2019
2021: €19k▼ -69.8% vs 2020
2022: €53k▲ +174% vs 2021
2023: €42k▼ -20.7% vs 2022
2024: €147k▲ +249% vs 2023highest in 8 years
2025: €-13k▼ -109% vs 2024lowest in 8 years
2018 → 2025
Working capital
€505k▲ 0.3%
2024 · €503k
2018: €337klowest in 8 years
2019: €338k▲ +0.2% vs 2018
2020: €407k▲ +20.6% vs 2019
2021: €394k▼ -3.2% vs 2020
2022: €460k▲ +16.6% vs 2021
2023: €460k● +0.0% vs 2022
2024: €503k▲ +9.4% vs 2023
2025: €505k▲ +0.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€346k-€399k▲ 15.4%€442k▲ 10.6%€539k▲ 22.0%€526k▼ 2.5%
2021: €346klowest in 5 years
2022: €399k▲ +15.4% vs 2021
2023: €442k▲ +10.6% vs 2022
2024: €539k▲ +22.0% vs 2023highest in 5 years
2025: €526k▼ -2.5% vs 2024
Operating result€47k-€32k▼ 32.3%€66k▲ 105%€97k▲ 48.3%€-16k
2021: €47k
2022: €32k▼ -32.3% vs 2021
2023: €66k▲ +105% vs 2022
2024: €97k▲ +48.3% vs 2023highest in 5 years
2025: €-16k▼ -116% vs 2024lowest in 5 years
Net result€19k-€53k▲ 174%€42k▼ 20.7%€147k▲ 249%€-13k
2021: €19k
2022: €53k▲ +174% vs 2021
2023: €42k▼ -20.7% vs 2022
2024: €147k▲ +249% vs 2023highest in 5 years
2025: €-13k▼ -109% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €97k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €746k
Fixed assets
€104k =
Current assets
€641k ▲ 0.7%
Equity and liabilities €746k
Equity
€526k ▼ 2.5%
Debt
€220k ▲ 8.9%
Debt's share of the balance-sheet total rises from 27.3% to 29.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €150k
Cash flow
€38k▼
2024 · €200k
Current ratio
4.69▼
2024 · 4.76
Quick ratio
4.41▲
2024 · 4.31
Debt to equity
0.42▲
2024 · 0.38
ROE
-2.5%▼
2024 · 27.3%
ROA
-1.8%▼
2024 · 19.9%
Interest coverage
7.81▼
2024 · 19.68
Debt ≤ 1 year
€137k▲
2024 · €134k
Debt > 1 year
€83k▲
2024 · €65k
Income taxes
€2k▼
2024 · €11k
Staff costs
€5k▼
2024 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€741k€746k▲
Fixed assets21/28€104k€104k=
Tangible fixed assets22/27€104k€104k=
Plant, machinery and equipment23€30k€21k▼
Furniture and vehicles24€74k€83k▲
Financial fixed assets28€235€235=
Current assets29/58€637k€641k▲
Amounts receivable after more than one year29€220k€258k▲
Trade receivables290€220k€258k▲
Stocks and contracts in progress3€60k€39k▼
Stocks30/36€60k€39k▼
Amounts receivable within one year40/41€73k€98k▲
Trade receivables40€73k€88k▲
Other amounts receivable41€0€9k▲
Current investments50/53€21k€21k▲
Cash at bank and in hand54/58€255k€218k▼
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€741k€746k▲
Equity10/15€539k€526k▼
Contributions10/11€6k€6k=
Reserves13€532k€519k▼
Distributable reserves133€532k€519k▼
Profit (loss) carried forward14€261€45▼
Amounts payable17/49€202k€220k▲
Amounts payable after more than one year17€65k€83k▲
Financial debts170/4€59k€71k▲
Other amounts payable178/9€6k€11k▲
Amounts payable within one year42/48€134k€137k▲
Current portion of amounts payable after more than one year42€38k€34k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€33k€93k▲
Suppliers440/4€33k€93k▲
Taxes, remuneration and social security45€14k€10k▼
Taxes450/3€14k€10k▼
Other amounts payable47/48€50k€0▼
Accrued charges and deferred income492/3€3k€630▼
Income statement
Code20242025
Remuneration, social security and pensions62€57k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€51k▼
Other operating charges640/8€2k€21k▲
Gross operating margin9900€208k€61k▼
Operating profit (loss)9901€97k€-16k▼
Financial income75/76B€69k€9k▼
Recurring financial income75€69k€9k▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€159k€-12k▼
Income taxes67/77€11k€2k▼
Profit (loss) for the period9904€147k€-13k▼
Profit (loss) for the period to be appropriated9905€147k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€147k€-13k▼
Profit (loss) brought forward from the previous period14P-€261
Transfer from equity791/2-€13k
Transfer to equity691/2€97k€0▼
To other reserves6921€97k€0▼
Profit to be distributed694/7€50k€0▼
Directors or managers695€50k€0▼
Social balance
Average headcount (FTE)90871.10.0▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €78k | €104k | €87k | €57k | €5k | ▼ 91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38k | €32k | €46k | €52k | €51k | ▼ 2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-262 | €-2k | - | - | - | - |
| Other operating charges640/8 | €12k | €4k | €2k | €2k | €21k | ▲ 1,257% |
| Gross operating margin9900 | €175k | €171k | €200k | €208k | €61k | ▼ 70.6% |
| Operating profit (loss)9901 | €47k | €32k | €66k | €97k | €-16k | ▼ 116% |
| Financial income75/76B | €2k | €40k | €3k | €69k | €9k | ▼ 87.5% |
| Recurring financial income75 | €2k | €40k | €3k | €69k | €9k | ▼ 87.5% |
| Financial charges65/66B | €8k | €6k | €9k | €8k | €5k | ▼ 40.4% |
| Recurring financial charges65 | €8k | €6k | €9k | €8k | €5k | ▼ 40.4% |
| Profit (loss) for the period before taxes9903 | €41k | €66k | €60k | €159k | €-12k | ▼ 107% |
| Income taxes67/77 | €22k | €13k | €17k | €11k | €2k | ▼ 86.7% |
| Profit (loss) for the period9904 | €19k | €53k | €42k | €147k | €-13k | ▼ 109% |
| Transfer from tax-exempt reserves789 | €38k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €57k | €53k | €42k | €147k | €-13k | ▼ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €653k | €676k | €707k | €741k | €746k | ▲ 0.6% |
| Fixed assets21/28 | €129k | €97k | €157k | €104k | €104k | = |
| Tangible fixed assets22/27 | €129k | €96k | €156k | €104k | €104k | = |
| Plant, machinery and equipment23 | - | - | €38k | €30k | €21k | ▼ 28.8% |
| Furniture and vehicles24 | €129k | €96k | €118k | €74k | €83k | ▲ 11.5% |
| Financial fixed assets28 | €235 | €235 | €235 | €235 | €235 | = |
| Current assets29/58 | €524k | €580k | €551k | €637k | €641k | ▲ 0.7% |
| Amounts receivable after more than one year29 | - | - | - | €220k | €258k | ▲ 17.4% |
| Trade receivables290 | - | - | - | €220k | €258k | ▲ 17.4% |
| Stocks and contracts in progress3 | €110k | €47k | €48k | €60k | €39k | ▼ 35.4% |
| Stocks30/36 | €110k | €47k | €48k | €60k | €39k | ▼ 35.4% |
| Amounts receivable within one year40/41 | €98k | €131k | €89k | €73k | €98k | ▲ 34.7% |
| Trade receivables40 | €90k | €124k | €86k | €73k | €88k | ▲ 21.6% |
| Other amounts receivable41 | €8k | €7k | €4k | €0 | €9k | - |
| Current investments50/53 | €270k | €319k | €219k | €21k | €21k | ▲ 1.4% |
| Cash at bank and in hand54/58 | €36k | €81k | €186k | €255k | €218k | ▼ 14.8% |
| Deferred charges and accrued income490/1 | €10k | €2k | €9k | €8k | €8k | ▼ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €653k | €676k | €707k | €741k | €746k | ▲ 0.6% |
| Equity10/15 | €346k | €399k | €442k | €539k | €526k | ▼ 2.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €340k | €393k | €435k | €532k | €519k | ▼ 2.4% |
| Distributable reserves133 | €340k | €393k | €435k | €532k | €519k | ▼ 2.4% |
| Profit (loss) carried forward14 | - | - | - | €261 | €45 | ▼ 82.7% |
| Amounts payable17/49 | €307k | €277k | €266k | €202k | €220k | ▲ 8.9% |
| Amounts payable after more than one year17 | €174k | €153k | €170k | €65k | €83k | ▲ 26.7% |
| Financial debts170/4 | €77k | €50k | €97k | €59k | €71k | ▲ 21.1% |
| Other amounts payable178/9 | €96k | €103k | €73k | €6k | €11k | ▲ 78.8% |
| Amounts payable within one year42/48 | €130k | €120k | €91k | €134k | €137k | ▲ 2.3% |
| Current portion of amounts payable after more than one year42 | €30k | €27k | €39k | €38k | €34k | ▼ 9.2% |
| Financial debts43 | €7k | €7k | €7k | €0 | - | - |
| Credit institutions430/8 | €7k | €7k | €7k | €0 | - | - |
| Trade debts44 | €64k | €68k | €31k | €33k | €93k | ▲ 185% |
| Suppliers440/4 | €64k | €68k | €31k | €33k | €93k | ▲ 185% |
| Taxes, remuneration and social security45 | €29k | €18k | €13k | €14k | €10k | ▼ 29.6% |
| Taxes450/3 | €25k | €18k | €13k | €14k | €10k | ▼ 29.6% |
| Remuneration and social security454/9 | €4k | - | - | - | - | - |
| Other amounts payable47/48 | - | - | €1k | €50k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €4k | €4k | €5k | €3k | €630 | ▼ 80.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €53k | €42k | €147k | €-13k | ▼ 109% |
| + Depreciation and write-downs630 | €38k | €32k | €46k | €52k | €51k | ▼ 2.0% |
| Operating cash flow (approximation) | €57k | €86k | €88k | €200k | €38k | ▼ 81.0% |
| Investment in fixed assets (approximation) | - | €0 | €-106k | €0 | €-51k | - |
| Change in cash | - | €45k | €105k | €70k | €-38k | ▼ 154% |
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
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €147k ▲249%
Net result €147k, the highest in the series.
31-12
Financial
Equity above €500kEq €539k ▲22%
7 profitable years in a row build equity to €539k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Directors · office · real estate
Directors
5 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, Kalmthout · 1 establishment unit since 2008
Ground area
3,087 m²
Building footprint
283 m²
Volume, LiDAR
1,478 m³
Parcel 11662C0395/00B000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAUNAPOOL
since 20082.169.530.110
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662C0395/00B000 | Flanders | 3,087 m² | 1 · 283 m² | 9.4 m · 2 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
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BE 0894.414.531
Bree · Eq €526,327
3D PLUS
BE 0885.446.979
Schaarbeek · Eq €524,379
WAAIE
BE 0825.849.288
Opwijk · Eq €524,092
ALGEMENE ONDERNEMING QUINTELIER TRUDO
BE 0421.262.387
Hamme (Vl.) · Eq €527,248
Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 4,454 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
Founded09-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.