Skip to content

SAX SANITAIR

Active
Public limited companyfounded 1990active for 36 yearsAtealaan(HRT) 34, 2200 Herentals, Belgium92 active companies are registered at this addressKBO/BCE: BE 0440.178.179

From the official registers: KBO 43 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SAX SANITAIR has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34.6m and a net result of -€9.8m. Equity is shrinking by about 5.3% per year across the filed financial years. Its solvency ranks better than 27% of 6,158 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow ReportCompare
SAX SANITAIRActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 30-03-1990 Normal situation
Legal form
Public limited company
Registered office
Atealaan(HRT) 34, 2200 Herentals
Activity
Wholesale trade NACE 46842
Establishment units
17 establishment units
Financial year end
31 December
Peppol
Reachable
Company details

Who decides

Board
Auditor
Ernst & Young Bedrijfsrevisoren BV
Shareholders
Holdings
Shares in 5 companies including Induscabel Sanitaire & Techniques and Jeca
Board & ownership

How it is doing

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Turnover
€138.0m
▲ 4.3%
Loss
€9.8m
▼ 8.9%
Equity
€34.6m
▼ 22.1%
Total assets
€140.0m
▼ 6.3%
Staff
256.7 FTE
▼ 1.6%
Standalone figures, without subsidiaries2025 accounts 39 days early
Filed on 22-06-2026at the National Bank
Financials
Why 67raises riskLiquidity: current ratio 2.00, cash €29,4431 change of registered office in 24 monthsLoss of €9.8m, the second in a row (financial year 2025)lowers riskSize: turnover €138.0m, 256.7 FTE, total assets €140.0m, files consolidated accountsShow the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 40% of its sector peers (NACE 46, large)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 50-5
equity 24.7% of total assets
Liquidity 50=
short-term debt 9.3% · cash 0.0%
Profitability 7+1
return on assets -7.0%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (132 companies, NACE 46, large)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.7 percentage points vs 05-2025highest value 07-2025: 0.7%▼ -0.8 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.6%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €2,300,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.0, compared with 2.88 in 2024, above the usual 1.5; short-term debt: 9.3% and cash: 0% of total assets), but 75.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, large): better than 33% on solvency, 81% on liquidity, 4% on profitability and 42% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.00, cash €29,443
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €138.0m, 256.7 FTE, total assets €140.0m, files consolidated accounts
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €9.8m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9.8m
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 22-06-2026, 39 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
39 days early
2024
35 days early
2023
16 days early
2022
34 days early
2021
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 34 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2025 -€9.8m View
  • Caution: Among the weakest 5% on net resultsector median €112,134 · 6,092 companies -€9.8m View
  • Board changedlatest change 15-04-2026 · 3 in office 2 joined · 2 left View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Flemish supportawarded from 2022 to 2025 €59,758 View

Documents

Annual accounts at the NBB

All 43 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SAX SANITAIR

What is the company number of SAX SANITAIR?
0440.178.179. In Belgium the VAT number is the company number with BE in front: BE 0440.178.179.
Where is SAX SANITAIR based?
The registered office is at Atealaan(HRT) 34, 2200 Herentals.Company details
What does SAX SANITAIR do?
According to the KBO register, the main activity is wholesale trade (NACE 46842).
What is the legal form of SAX SANITAIR?
Public limited company (NV).
When was SAX SANITAIR founded?
On 30-03-1990.
Is SAX SANITAIR still active?
Yes, SAX SANITAIR is an active enterprise in the KBO register.
How many employees does SAX SANITAIR have?
On average 256.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SAX SANITAIR?
€138.0m in financial year 2025, according to the filed annual accounts.
Is SAX SANITAIR profitable?
In financial year 2025, SAX SANITAIR made a loss of €9.8m.
Where can I find the annual accounts of SAX SANITAIR?
SAX SANITAIR filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SAX SANITAIR due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to SAX SANITAIR

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure