SAINATECH
ActiveThe file of SAINATECH contains 2 judicial reorganisations, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show negative equity (€-693k) and a net result of €-87k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 728 sector peers (fiscal year 2025).
Checked score
Score 2025
6
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▲+13
Solvency0=
Growth32=
Track record60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.12 in 2024; short-term debt: 313.1% and cash: 10.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-242.8%
Return on assets
-30.5%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-693k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
50 d early
2023
10 d late
2022
30 d early
2021
5 d early
2020
45 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-87k▲ 81.2%
2024 · €-462k
2020: €52k
2021: €109k
2022: €5k
2023: €-321k
2024: €-462k
2020 → 2025
Working capital
€-754k▼ 5.5%
2024 · €-714k
2020: €18k
2021: €19k
2022: €-29k
2023: €-321k
2024: €-714k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€172k-€177k▲ 3.0%€-144k€-606k▼ 321%€-693k▼ 14.4%
Operating result€145k-€8k▼ 94.6%€-303k€-382k▼ 26.0%€-52k▲ 86.3%
Net result€109k-€5k▼ 95.3%€-321k€-462k▼ 43.8%€-87k▲ 81.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €52k in 2025 against €382k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €285k
Fixed assets
€146k ▼ 42.2%
Current assets
€140k ▲ 49.7%
Key figures and ratios
EBITDA
€62k▲
2024 · €-223k
Cash flow
€27k▲
2024 · €-303k
Solvency
-242.8%▼
2024 · -175.4%
Current ratio
0.16▲
2024 · 0.12
Debt to equity
-1.41▲
2024 · -1.57
ROA
-30.5%▲
2024 · -133.7%
Interest coverage
1.61▲
2024 · -2.78
Debt
€978k▲
2024 · €951k
Debt ≤ 1 year
€893k▲
2024 · €807k
Debt > 1 year
€85k▼
2024 · €143k
Staff costs
€453k▼
2024 · €742k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€345k€285k▼
Fixed assets21/28€252k€146k▼
Tangible fixed assets22/27€247k€140k▼
Plant, machinery and equipment23€187k€101k▼
Furniture and vehicles24€35k€17k▼
Leasing and similar rights25-€906
Other tangible fixed assets26€25k€21k▼
Financial fixed assets28€6k€6k=
Current assets29/58€93k€140k▲
Amounts receivable within one year40/41€79k€105k▲
Trade receivables40€79k€38k▼
Other amounts receivable41-€67k
Cash at bank and in hand54/58€12k€30k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€345k€285k▼
Equity10/15€-606k€-693k▼
Contributions10/11€10k€10k=
Reserves13€80k€80k=
Distributable reserves133€80k€80k=
Profit (loss) carried forward14€-696k€-783k▼
Amounts payable17/49€951k€978k▲
Amounts payable after more than one year17€143k€85k▼
Financial debts170/4€143k€85k▼
Amounts payable within one year42/48€807k€893k▲
Current portion of amounts payable after more than one year42€140k€136k▼
Trade debts44€165k€131k▼
Suppliers440/4€165k€131k▼
Taxes, remuneration and social security45€494k€627k▲
Taxes450/3€313k€409k▲
Remuneration and social security454/9€181k€217k▲
Other amounts payable47/48€8k-
Accrued charges and deferred income492/3€209-
Income statement
Code20242025
Remuneration, social security and pensions62€742k€453k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159k€114k▼
Other operating charges640/8€7k€6k▼
Non-recurring operating charges66A-€26k
Gross operating margin9900€527k€548k▲
Operating profit (loss)9901€-382k€-52k▲
Financial income75/76B€0€4k▲
Recurring financial income75€0€4k▲
Financial charges65/66B€80k€39k▼
Recurring financial charges65€80k€39k▼
Profit (loss) for the period before taxes9903€-462k€-87k▲
Profit (loss) for the period9904€-462k€-87k▲
Profit (loss) for the period to be appropriated9905€-462k€-87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-696k€-783k▼
Profit (loss) brought forward from the previous period14P€-234k€-696k▼
Social balance
Average headcount (FTE)908712.88.4▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-12
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise du Hainaut · 20250001 · event 01-12-2025
03-11
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 27-10-2025
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Weakest financial yearnet €-462k
Net result drops to €-462k, the lowest in the series; recovery starts the following year.
10-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 10 days late
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2020net €109k ▲109%
Operating result €145k, net result €109k, both a record.
30-09
Financial
Equity above €150kEq €172k ▲175%
2 profitable years in a row build equity to €172k.
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Charleroi · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Route de Châtelet 4806010 CharleroiGround area
154 m²
Building footprint
113 m²
Volume, LiDAR
1,388 m³
Parcel 52014A0265/00P009, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SAINATECH
since 20202.298.498.637
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52014A0265/00P009 | Wallonia | 154 m² | 1 · 113 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Sitocel
BE 0875.295.138
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Futurewave
BE 0746.784.291
Watermaal-Bosvoorde · Eq €177,017
Cybernet Technologies Engineering
BE 0821.419.754
Theux · Eq €177,154
HYPERFAST
BE 0643.782.763
Heusden-Zolder · Eq €177,188
PERFECTEAM
BE 0440.797.692
Charleroi · Eq €177,320
Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,201 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2020
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
47910Intermediation services for non-specialised retail
58110Book publishing
59113Video and film production, excluding cinema and television films
73110Advertising agencies
74999Other professional, scientific and technical activities
82990Other business support services
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.