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SANDERS

Active
Public limited companyfounded 1986active for 39 yearsGroenendaallaan 17, 8400 Oostende, BelgiumKBO/BCE: BE 0429.907.661
Summary

SANDERS has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4.1m and a net result of -€111,791. Equity has been stable since 2019 (±2.3% per year). Its solvency ranks better than 72% of 372 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 27-11-1986 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110and 1 other
Joint committee
202.01 Paritair Subcomité voor de middelgrote levensmiddelenbedrijven · annual accounts 31-01-2026
Establishment unit
2.034.287.661 8400 Oostende, since 23-02-2001
Financial year end
31 January
Peppol
Reachable since 27-03-2026

Board and ownership

Last known board
Shareholders
  • DISTRIHOLD30-06-2024 annual accounts of DISTRIHOLD

Financial position

81 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 31-01-2026
Gross margin
€1.3m
▼ 50.7%
Turnover
≈ €8.8m
estimated
Loss
€111,791
Equity
€4.1m
▼ 2.7%
Total assets
€7.1m
▼ 17.4%
Employees on 31-01-2026
25
▲ 19.0%
  • 2026 accounts filed 28 days after the deadline
Filed on 28-09-2026
Score breakdownraises riskLiquidity: current ratio 2.73, cash €17,8941 change of registered office in 24 monthslowers riskFounded in 1986Figures for financial year 2026 (filed on 28-09-2026)Show the evidence

Checked score

Score 2026
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of small companies in retail trade (NACE 47)
Financial strength · tick: 2025
Strong
Solvency 83+9
equity 57.6% of total assets
Liquidity 43+6
short-term debt 21.4% · cash 0.3%
Profitability 54+35
return on assets -1.6%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.5%▲ +0.2 percentage points vs 12-2024 02-2025: 0.7%▲ +0.2 percentage points vs 01-2025 03-2025: 1.0%▲ +0.3 percentage points vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%▲ +0.2 percentage points vs 04-2025 06-2025: 2.4%▲ +1.1 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025highest value 09-2025: 2.2%▼ -0.2 percentage points vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 0.3%▼ -1.9 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.6%▲ +0.3 percentage points vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 1.2%▲ +0.4 percentage points vs 08-2026 10-2026: 0.6%▼ -0.6 percentage points vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €330,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.73 (2.19 in 2025), above the usual 1.5. Short-term debt is 21.4% and cash 0.3% of total assets. 42.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, small). It does better than 78% of them on solvency, 50% on liquidity, 36% on profitability and 30% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 2.73, cash €17,894
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2026 (filed on 28-09-2026)
NBB · annual accounts
raises risk · 2026 accounts filed 28 days late
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 28-09-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
28 days late
2025
29 days late
2023
5 days early
2022
1 day early
2021
30 days late
2020
on the day
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 47), the median for financial year 2023 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 28 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2026after a profit of €15,110 in 2025 -€111,791 View
  • Caution: Lower net result than 86% of companies in retail tradesector median €47,488 · 369 companies -€111,791 View
  • Flemish supportawarded from 2022 to 2025 €74,591 View

Recent changes

  1. · Gazette deed Registered office moved from Koekelare to OostendePermanent representative: POLLET Karen
  2. · Gazette deed Resignations: POLLET Jacques, WYTYNCK Adrienne and DISTRIHOLDReappointment: DISTRIHOLD (director) · Permanent representative: Pollet Karen Lieve
  3. · Gazette deed Amendment of the articles
All 17 events

Comparable companies

These companies have the same main activity as SANDERS: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €4.7m and €7m, founded between 1975 and 1989.

CompanyTotal assetsGross margin
SANDERS Oostende€7.1m€1.3m
UNO Oostende€7.0m€1.3m
VERLINDEN Ardooie€4.7m€1.3m
ARTIFREEZE Binche€4.9m€1.4m
DAMA Beveren-Kruibeke-Zwijndrecht€6.9m€2.3m
CARRY GERON Liège€5.9m€2.1m
Fransen Wijnegem€5.4m€1.1m
Full comparison

Key facts about SANDERS

What is the company number of SANDERS?
The company number of SANDERS is 0429.907.661. The VAT number is the same number with BE in front: BE 0429.907.661.
Where is SANDERS based?
The registered office is at Groenendaallaan 17, 8400 Oostende.Company details
What does SANDERS do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of SANDERS?
The legal form of SANDERS is Public limited company (NV).
When was SANDERS founded?
SANDERS was founded on 27-11-1986.
Is SANDERS still active?
Yes, SANDERS is an active enterprise in the KBO register.
How many employees does SANDERS have?
SANDERS had an average of 23.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does SANDERS fall under?
In its 31-01-2026 annual accounts, SANDERS states joint committee 202.01 (Paritair Subcomité voor de middelgrote levensmiddelenbedrijven).
What is the turnover of SANDERS?
The turnover in financial year 2026 is ≈ €8.8m. This figure is estimated from the gross margin of €1.3m and 30 comparable companies (NACE 471). It probably lies between €5.4m and €11.0m.
Is SANDERS profitable?
In financial year 2026, SANDERS made a loss of €111,791.
Where can I find the annual accounts of SANDERS?
SANDERS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of SANDERS due?
SANDERS must file the annual accounts for financial year 2027 by 31-08-2027.Timeline

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