Skip to content

STANITAIR

Active
Private limited companyfounded 2017active for 9 yearsHanenstraat 53, 9255 Buggenhout, BelgiumKBO/BCE: BE 0677.755.133
Summary

STANITAIR has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €314,120 and a net result of €30,658. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 30% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

Turnover
€735,440
EBIT margin
13.8%
Net result
€30,658▼ 43.4%
2024 · €54,139
Working capital
-€42,719▲ 43.4%
2024 · -€75,523
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 29% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.05m 2025 Net result€0.03m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.7m
Operating result-€0.004m-€0.06m€0.07m▲ 12.7%€0.1m▲ 48.8%€0.02m▼ 81.8%€0.06m▲ 230%€0.07m▲ 21.6%€0.05m▼ 28.9%
Net result-€0.007m-€0.04m€0.04mwithin the sector's middle half▼ 2.7%€0.08mwithin the sector's middle half▲ 97.6%€0.01mwithin the sector's middle half▼ 81.6%€0.04mwithin the sector's middle half▲ 148%€0.05mwithin the sector's middle half▲ 52.8%€0.03mwithin the sector's middle half▼ 43.4%
EBIT margin13.8%
Equity€0.02m-€0.06m▲ 178%€0.1mwithin the sector's middle half▲ 62.3%€0.2mwithin the sector's middle half▲ 75.9%€0.2mwithin the sector's middle half▲ 7.9%€0.2mwithin the sector's middle half▲ 18.3%€0.3mwithin the sector's middle half▲ 23.6%€0.3mwithin the sector's middle half▲ 10.8%
Total assets€0.6m-€0.7m▲ 11.7%€0.8mwithin the sector's middle half▲ 8.9%€0.8mwithin the sector's middle half▲ 0.9%€0.8mwithin the sector's middle half▲ 1.3%€0.8mwithin the sector's middle half▲ 5.1%€1.1mwithin the sector's middle half▲ 26.4%€1.1mwithin the sector's middle half▲ 6.0%
Debt€0.6m-€0.7m▲ 5.6%€0.7m▲ 3.8%€0.6m▼ 10.4%€0.6m▼ 0.7%€0.6m▲ 0.9%€0.8m▲ 27.4%€0.8m▲ 4.2%
Working capital-€0.2m--€0.2m▲ 12.9%-€0.1mbelow the sector's middle half▲ 20.6%-€0.09mbelow the sector's middle half▲ 38.0%-€0.09mbelow the sector's middle half▲ 0.1%-€0.06mbelow the sector's middle half▲ 38.0%-€0.08mbelow the sector's middle half▼ 36.9%-€0.04mbelow the sector's middle half▲ 43.4%
Solvency3.5%-8.8%▲ 5.2pp13.1%below the sector's middle half▲ 4.3pp22.8%within the sector's middle half▲ 9.7pp24.3%within the sector's middle half▲ 1.5pp27.3%within the sector's middle half▲ 3.0pp26.7%within the sector's middle half▼ 0.6pp27.9%within the sector's middle half▲ 1.2pp
Current ratio0.27-0.45▲ 0.180.61below the sector's middle half▲ 0.160.71below the sector's middle half▲ 0.100.70below the sector's middle half▼ 0.020.83below the sector's middle half▲ 0.130.78below the sector's middle half▼ 0.050.87below the sector's middle half▲ 0.09
Return on assets (ROA)-1.1%-5.6%▲ 6.8pp5.0%within the sector's middle half▼ 0.6pp9.8%within the sector's middle half▲ 4.8pp1.8%within the sector's middle half▼ 8.0pp4.2%within the sector's middle half▲ 2.4pp5.1%within the sector's middle half▲ 0.9pp2.7%within the sector's middle half▼ 2.4pp
Staff (FTE)0.60.8below the sector's middle half▲ 33.3%1.8below the sector's middle half
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Staff figure corrected
  • 2024 Left out: filed figure impossible (100,642.9). The filed figure means under EUR 100 of staff costs per FTE.
  • 2023 Left out: filed figure impossible (6,983.8). The filed figure means under EUR 100 of staff costs per FTE.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €841,094 ▲ 6.3%
Current assets €283,468 ▲ 5.1%
Equity and liabilities €1.1m
Equity €314,120 ▲ 10.8%
Debt €810,442 ▲ 4.2%
Debt's share of the balance-sheet total falls from 73.3% to 72.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€89,937▼
2024 · €105,914
Cash flow
€67,870▼
2024 · €85,919
Quick ratio
0.48▲
2024 · 0.43
Debt to equity
2.58▼
2024 · 2.74
ROE
9.8%▼
2024 · 19.1%
Interest coverage
5.74▼
2024 · 11.10
Debt ≤ 1 year
€326,186▼
2024 · €345,330
Debt > 1 year
€484,256▲
2024 · €432,284
Income taxes
€7,786▼
2024 · €12,913
Staff costs
€199,747▲
2024 · €100,643
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.6% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.4% stopped otherwise
96.6% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.1m▲
Fixed assets21/28€0.8m€0.8m▲
Tangible fixed assets22/27€0.5m€0.6m▲
Land and buildings22€0.5m€0.5m▲
Plant, machinery and equipment23€0.01m€0.02m▲
Furniture and vehicles24€0.02m€0.05m▲
Financial fixed assets28€0.3m€0.3m=
Current assets29/58€0.3m€0.3m▲
Stocks and contracts in progress3€0.1m€0.1m▲
Stocks30/36€0.1m€0.1m▲
Amounts receivable within one year40/41€0.03m€0.04m▲
Trade receivables40€0.02m€0.02m▼
Other amounts receivable41€0.01m€0.03m▲
Cash at bank and in hand54/58€0.1m€0.1m▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▲
Equity10/15€0.3m€0.3m▲
Reserves13€0.03m€0.03m=
Distributable reserves133€0.03m€0.03m=
Profit (loss) carried forward14€0.3m€0.3m▲
Amounts payable17/49€0.8m€0.8m▲
Amounts payable after more than one year17€0.4m€0.5m▲
Financial debts170/4€0.4m€0.5m▲
Amounts payable within one year42/48€0.3m€0.3m▼
Current portion of amounts payable after more than one year42€0.03m€0.04m▲
Trade debts44€0.04m€0.07m▲
Suppliers440/4€0.04m€0.07m▲
Taxes, remuneration and social security45€0.01m€0.01m▲
Taxes450/3€0.01m€0.006m▼
Remuneration and social security454/9€302€0.007m▲
Other amounts payable47/48€0.3m€0.2m▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61-€0.2m
Remuneration, social security and pensions62€0.1m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.04m▲
Other operating charges640/8€0.003m€0.004m▲
Gross operating margin9900€0.2m€0.3m▲
Operating profit (loss)9901€0.07m€0.05m▼
Financial income75/76B€0.003m€0.001m▼
Recurring financial income75€0.003m€0.001m▼
Non-recurring financial income76B€0.003m€0.001m▼
Financial charges65/66B€0.01m€0.02m▲
Recurring financial charges65€0.01m€0.02m▲
Non-recurring financial charges66B€0.001m€12▼
Profit (loss) for the period before taxes9903€0.07m€0.04m▼
Income taxes67/77€0.01m€0.008m▼
Profit (loss) for the period9904€0.05m€0.03m▼
Profit (loss) for the period to be appropriated9905€0.05m€0.03m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.3m▲
Profit (loss) brought forward from the previous period14P€0.2m€0.3m▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70---€735,440-----
Goods, raw materials, services and sundry goods60/61---€556,777---€180,650-
Remuneration, social security and pensions62---€49,506€51,418€69,584€100,643€199,747▲ 98.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,501€21,389€22,699€24,461€31,055€29,700€31,780€37,212▲ 17.1%
Other operating charges640/8---€4,150€4,211€4,485€3,440€4,432▲ 28.8%
Gross operating margin9900€22,838€113,708€129,713€179,574€105,178€164,748€209,997€294,115▲ 40.1%
Operating profit (loss)9901-€3,606€60,471€68,174€101,457€18,493€60,979€74,134€52,725▼ 28.9%
Financial income75/76B---€564€1,339€2,019€2,989€1,403▼ 53.1%
Recurring financial income75---€538€1,318€2,019€2,989€1,403▼ 53.1%
Non-recurring financial income76B---€26€21€2,019€2,989€1,403▼ 53.1%
Financial charges65/66B---€7,272€8,011€7,466€10,071€15,683▲ 55.7%
Recurring financial charges65€3,775€10,147€8,265€7,199€7,990€6,642€9,542€15,672▲ 64.2%
Non-recurring financial charges66B---€73€21€825€529€12▼ 97.8%
Profit (loss) for the period before taxes9903-€7,388€50,014€60,247€94,749€11,821€55,531€67,052€38,445▼ 42.7%
Income taxes67/77-€9,703€21,025€17,257-€2,441€20,107€12,913€7,786▼ 39.7%
Profit (loss) for the period9904-€7,388€40,311€39,222€77,492€14,262€35,424€54,139€30,658▼ 43.4%
Profit (loss) for the period to be appropriated9905-€7,388€40,311€39,222€77,492€14,262€35,424€54,139€30,658▼ 43.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.6m€0.7m€0.8m€0.8m€0.8m€0.8m€1.1m€1.1m▲ 6.0%
Fixed assets21/28€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.8m€0.8m▲ 6.3%
Tangible fixed assets22/27€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.5m€0.6m▲ 9.9%
Land and buildings22---€0.3m€0.2m€0.2m€0.5m€0.5m▲ 3.4%
Plant, machinery and equipment23---€0.02m€0.02m€0.02m€0.01m€0.02m▲ 29.8%
Furniture and vehicles24---€0.003m€0.04m€0.03m€0.02m€0.05m▲ 163%
Financial fixed assets28€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Current assets29/58€0.08m€0.1m€0.2m€0.2m€0.2m€0.3m€0.3m€0.3m▲ 5.1%
Stocks and contracts in progress3€0.02m€0.04m€0.07m€0.07m€0.09m€0.1m€0.1m€0.1m▲ 2.6%
Stocks30/36---€0.07m€0.09m€0.1m€0.1m€0.1m▲ 2.6%
Amounts receivable within one year40/41€0.05m€0.04m€0.1m€0.05m€0.05m€0.08m€0.03m€0.04m▲ 47.2%
Trade receivables40---€0.04m€0.04m€0.08m€0.02m€0.02m▼ 21.5%
Other amounts receivable41---€0.004m€0.008m€0.008m€0.01m€0.03m▲ 176%
Cash at bank and in hand54/58€0.004m€0.06m€0.05m€0.1m€0.07m€0.08m€0.1m€0.1m▼ 3.3%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.7m€0.8m€0.8m€0.8m€0.8m€1.1m€1.1m▲ 6.0%
Equity10/15€0.02m€0.06m€0.1m€0.2m€0.2m€0.2m€0.3m€0.3m▲ 10.8%
Contributions10/11€0.03m--------
Reserves13-€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m=
Distributable reserves133---€0.03m€0.03m€0.03m€0.03m€0.03m=
Profit (loss) carried forward14-€0.007m€0.03m€0.07m€0.1m€0.2m€0.2m€0.3m€0.3m▲ 12.1%
Amounts payable17/49€0.6m€0.7m€0.7m€0.6m€0.6m€0.6m€0.8m€0.8m▲ 4.2%
Amounts payable after more than one year17€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.4m€0.5m▲ 12.0%
Financial debts170/4---€0.3m€0.3m€0.3m€0.4m€0.5m▲ 12.0%
Amounts payable within one year42/48€0.3m€0.3m€0.4m€0.3m€0.3m€0.3m€0.3m€0.3m▼ 5.5%
Current portion of amounts payable after more than one year42---€0.01m€0.02m€0.02m€0.03m€0.04m▲ 20.5%
Trade debts44€0.01m€0.03m€0.09m€0.02m€0.02m€0.02m€0.04m€0.07m▲ 91.5%
Suppliers440/4---€0.02m€0.02m€0.02m€0.04m€0.07m▲ 91.5%
Taxes, remuneration and social security45---€0.02m-€0.02m€0.01m€0.01m▲ 7.1%
Taxes450/3---€0.02m-€0.01m€0.01m€0.006m▼ 50.4%
Remuneration and social security454/9-----€0.007m€302€0.007m▲ 24×
Other amounts payable47/48---€0.3m€0.3m€0.3m€0.3m€0.2m▼ 22.6%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€7,388€40,311€39,222€77,492€14,262€35,424€54,139€30,658▼ 43.4%
+ Depreciation and write-downs630€17,501€21,389€22,699€24,461€31,055€29,700€31,780€37,212▲ 17.1%
Operating cash flow (approximation)€10,113€61,700€61,921€101,953€45,317€65,124€85,919€67,870▼ 21.0%
Investment in fixed assets (approximation)--€26,088-€10,048-€32,905-€56,776-€9,696-€250,996-€87,038▲ 65.3%
Change in cash-€59,565-€12,247€52,081-€33,966€10,195€37,094-€3,795-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
31-12-2025 abbreviated format 30-06-2026 2026-00220691
31-12-2024 abbreviated format 30-06-2025 2025-00195200
31-12-2023 abbreviated format 04-07-2024 2024-00214650
31-12-2022 abbreviated format 04-08-2023 2023-00324524
31-12-2021 abbreviated format 29-07-2022 2022-20273865
31-12-2020 abbreviated format 30-07-2021 2021-46000361
31-12-2019 abbreviated format 29-06-2020 2020-24500324
31-12-2018 abbreviated format 07-08-2019 2019-46500242

Similar companies · same sector, comparable size

Of the 7,002 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,538. 2,686 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €1,802 awarded · €1,802 paid
Year Entries AwardedPaid
2025 1 €910€910
2024 1 €53€170
2023 1 €234€117
2022 2 €605€605
Schemes
4 entries · €1,302 · €1,302 paid · Fonds voor Innoveren en Ondernemen
1 entry · €500 · €500 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.