Santorimmo
ActiveSummary
Santorimmo has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €246k and a net result of €18k. Equity is growing by ~38.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 18941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-25
Solvency52▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.39 in 2023; short-term debt: 31.6% of total assets), and 73.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
64 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
3 d late
2019
96 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€246k▲ 7.8%
2023 · €228k
2018: €7k
2019: €18k
2020: €56k
2021: €119k
2022: €198k
2023: €228k
2018 → 2024
Total assets
€922k▼ 4.9%
2023 · €970k
2018: €495k
2019: €477k
2020: €475k
2021: €511k
2022: €997k
2023: €970k
2018 → 2024
Net result
€18k▼ 60.8%
2023 · €45k
2018: €45k
2019: €11k
2020: €38k
2021: €69k
2022: €92k
2023: €45k
2018 → 2024
Working capital
€72k▼ 44.2%
2023 · €129k
2018: €48k
2019: €75k
2020: €122k
2021: €175k
2022: €61k
2023: €129k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€56k-€119k▲ 112%€198k▲ 66.6%€228k▲ 15.3%€246k▲ 7.8%
Operating result€60k-€101k▲ 69.1%€70k▼ 30.7%€80k▲ 14.6%€53k▼ 33.2%
Net result€38k-€69k▲ 82.2%€92k▲ 34.1%€45k▼ 50.8%€18k▼ 60.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 33% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €922k
Fixed assets
€558k ▲ 8.7%
Current assets
€364k ▼ 20.3%
Equity and liabilities €922k
Equity
€246k ▲ 7.8%
Debt
€676k ▼ 8.9%
Debt's share of the balance-sheet total falls from 76.4% to 73.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▼
2023 · €168k
Cash flow
€56k▼
2023 · €133k
Current ratio
1.25▼
2023 · 1.39
Debt to equity
2.74▼
2023 · 3.25
ROE
7.2%▼
2023 · 19.9%
ROA
1.9%▼
2023 · 4.7%
Interest coverage
3.48▼
2023 · 6.34
Debt ≤ 1 year
€292k▼
2023 · €327k
Debt > 1 year
€384k▼
2023 · €414k
Income taxes
€9k▼
2023 · €11k
Staff costs
€25k▼
2023 · €53k
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 · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€970k€922k▼
Formation expenses20€0€0=
Fixed assets21/28€514k€558k▲
Tangible fixed assets22/27€514k€473k▼
Land and buildings22€500k€467k▼
Plant, machinery and equipment23€10k€5k▼
Furniture and vehicles24€3k€2k▼
Leasing and similar rights25€0-
Financial fixed assets28-€85k
Current assets29/58€456k€364k▼
Stocks and contracts in progress3€317k-
Stocks30/36€317k-
Amounts receivable within one year40/41€91k€363k▲
Trade receivables40€2k€357k▲
Other amounts receivable41€89k€6k▼
Cash at bank and in hand54/58€39k-
Deferred charges and accrued income490/1€9k€896▼
Equity and liabilities
Total equity and liabilities10/49€970k€922k▼
Equity10/15€228k€246k▲
Contributions10/11€89k€89k=
Reserves13€140k€158k▲
Distributable reserves133€140k€158k▲
Amounts payable17/49€741k€676k▼
Amounts payable after more than one year17€414k€384k▼
Financial debts170/4€414k€384k▼
Amounts payable within one year42/48€327k€292k▼
Current portion of amounts payable after more than one year42€40k€42k▲
Financial debts43€25k€47k▲
Credit institutions430/8€25k€47k▲
Trade debts44€75k€38k▼
Suppliers440/4€75k€38k▼
Taxes, remuneration and social security45€56k€34k▼
Taxes450/3€50k€33k▼
Remuneration and social security454/9€6k€1k▼
Other amounts payable47/48€131k€130k▼
Accrued charges and deferred income492/3€286€77▼
Income statement
Code20232024
Remuneration, social security and pensions62€53k€25k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€38k▼
Other operating charges640/8€8k€13k▲
Non-recurring operating charges66A€661€2k▲
Gross operating margin9900€229k€132k▼
Operating profit (loss)9901€80k€53k▼
Financial income75/76B€3k€121▼
Recurring financial income75€3k€110▼
Non-recurring financial income76B€25€11▼
Financial charges65/66B€26k€27k▲
Recurring financial charges65€26k€26k▼
Non-recurring financial charges66B-€350
Profit (loss) for the period before taxes9903€56k€27k▼
Income taxes67/77€11k€9k▼
Profit (loss) for the period9904€45k€18k▼
Profit (loss) for the period to be appropriated9905€45k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€18k▼
Profit (loss) brought forward from the previous period14P€-23k-
Transfer to equity691/2€7k€18k▲
To other reserves6921€7k€18k▲
Profit to be distributed694/7€15k-
Directors or managers695€15k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €228k ▲15.3%
6 profitable years in a row build equity to €228k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €92k ▲34.1%
Net result €92k, the highest in the series.
31-12
Financial
Equity above €150kEq €198k ▲66.6%
5 profitable years in a row build equity to €198k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €100kEq €119k ▲112%
4 profitable years in a row build equity to €119k.
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
31-12
Financial
Weakest financial yearnet €11k ▼75.6%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
Show earlier events
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 39 days late
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Houthalen-Helchteren · 1 establishment unit since 2005
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.
Weg naar Zwartberg 1373530 Houthalen-HelchterenGround area
535 m²
Building footprint
150 m²
Parcel 72452E1154/00G040, Flanders. Linked by address, not a title deed.
1 establishment unit
Cucina du Gio
since 20052.154.695.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72452E1154/00G040 | Flanders | 535 m² | 1 · 150 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHouthalen-Helchteren2.154.695.147
Similar companies · same sector, comparable size
DE HAES & ZONEN
BE 0765.267.246
Tremelo · Eq €246,305
TANOR
BE 0759.585.719
Antwerpen · Eq €246,339
Jasmine
BE 0794.723.176
Geel · Eq €246,147
Patijntje
BE 0466.421.629
Gent · Eq €246,379
CREATEX
BE 0435.614.330
Lier · Eq €246,407
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,116 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
Founded20-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.