SANIPAR
ActiveThe annual accounts of SANIPAR for fiscal year 2024 show a net loss of 54% of total assets and of 68% of the equity at the start of that year. The 2024 annual accounts show equity of €98k and a net result of €-208k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 24% of 37960 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability1▼-29
Solvency50▼-26
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.11 against 0.19 in 2023; short-term debt: 59.2% and cash: 1.2% of total assets), and 74.6% of the assets are financed with debt.
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
25.4%
Return on assets
-53.8%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 37960 sector peers (2024).
NBB · sector comparisonPosition among 37960 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-03-2026, 242 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
242 d late
2023
604 d late
2022
259 d late
2021
121 d late
2020
87 d late
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€58k
EBIT margin
44.1%
Net result
€-208k
2023 · €938
2018: €58k
2019: €8k
2020: €-19k
2021: €-48k
2022: €18k
2023: €938
2018 → 2024
Working capital
€-204k▼ 12.6%
2023 · €-181k
2018: €-89k
2019: €-123k
2020: €-143k
2021: €-196k
2022: €-175k
2023: €-181k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€58k
Equity€336k-€287k▼ 14.4%€305k▲ 6.2%€306k▲ 0.3%€98k▼ 67.9%
Operating result€-16k-€-43k▼ 165%€25k€10k▼ 62.0%€-693
Net result€-19k-€-48k▼ 150%€18k€938▼ 94.8%€-208k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €693 after €10k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €387k
Fixed assets
€362k▼ 35.2%
Current assets
€25k▼ 40.6%
Equity and liabilities €387k
Equity
€98k▼ 67.9%
Debt
€289k▼ 1.9%
The debt ratio rises from 49.0% to 74.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€917▼
2023 · €11k
Cash flow
€-206k▼
2023 · €3k
Solvency
25.4%▼
2023 · 51.0%
Current ratio
0.11▼
2023 · 0.19
Quick ratio
0.11▼
2023 · 0.19
Debt / equity
2.94▲
2023 · 0.96
ROE
-211.9%▼
2023 · 0.3%
ROA
-53.8%▼
2023 · 0.2%
Interest coverage
0.13▼
2023 · 1.29
Debt
€289k▼
2023 · €294k
Debt ≤ 1 year
€229k▲
2023 · €223k
Debt > 1 year
€58k▼
2023 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€600k€387k▼
Fixed assets21/28€559k€362k▼
Tangible fixed assets22/27€117k€120k▲
Land and buildings22€114k€114k▼
Plant, machinery and equipment23€563€322▼
Furniture and vehicles24€3k€6k▲
Financial fixed assets28€442k€242k▼
Current assets29/58€42k€25k▼
Amounts receivable within one year40/41€42k€20k▼
Trade receivables40€42k€20k▼
Other amounts receivable41€210€329▲
Cash at bank and in hand54/58€4€4k▲
Equity and liabilities
Total equity and liabilities10/49€600k€387k▼
Equity10/15€306k€98k▼
Contributions10/11€108k€108k=
Capital10€108k€108k=
Issued capital100€108k€108k=
Reserves13€11k€11k=
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Profit (loss) carried forward14€187k€-21k▼
Amounts payable17/49€294k€289k▼
Amounts payable after more than one year17€70k€58k▼
Financial debts170/4€70k€58k▼
Amounts payable within one year42/48€223k€229k▲
Current portion of amounts payable after more than one year42€33k€32k▼
Financial debts43€50k€50k▼
Credit institutions430/8€50k€50k▼
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€7k€7k▲
Taxes450/3€7k€7k▲
Other amounts payable47/48€128k€133k▲
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20232024
Non-recurring operating income76A€26k€164▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€759€825▲
Gross operating margin9900€12k€2k▼
Operating profit (loss)9901€10k€-693▼
Financial charges65/66B€9k€207k▲
Recurring financial charges65€9k€7k▼
Non-recurring financial charges66B-€200k
Profit (loss) for the period before taxes9903€938€-208k▼
Profit (loss) for the period9904€938€-208k▼
Profit (loss) for the period to be appropriated9905€938€-208k▼
Appropriation of the result
Profit (loss) to be appropriated9906€187k€-21k▼
Profit (loss) brought forward from the previous period14P€186k€187k▲
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
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 242 days late
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 604 days late
2024
31-12
Financial
Weakest financial yearnet €-208k ▼22280%
Net result drops to €-208k, the lowest in the series.
15-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 259 days late
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial 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, Ciney · 1 establishment unit since 2009
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.
Enhet-Centre(Chevetogne) 475590 CineyGround area
2,472 m²
Building footprint
85 m²
Parcel 91028A0294/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SANIPAR
since 20092.183.125.451
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91028A0294/00K000 | Wallonia | 2,472 m² | 1 · 85 m² | - |
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
JES Construct
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Skylark
BE 0793.696.956
Hasselt · Eq €98k
CAUSEY CONSULTING
BE 0670.778.457
Hoeilaart · Eq €98k
Kria
BE 0790.644.228
Boortmeerbeek · Eq €98k
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,580 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-11-2009
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
43120Site preparation
43130Specialised construction activities
47525Retail trade
71121Engineering and related technical consultancy, excluding land surveyors
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:b.lavigne@skynet.be
Phone:081/24.50.80
Fax:081/24.50.81