Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SANDEC from Sint-Martens-Latem, company number BE0440939234, closed financial year 2025 with a result of € -3,470 after tax. For that financial year SANDEC recorded a gross margin of € -2,189 and equity of € 730,519. Compared with financial year 2024, the result moved from € -5,510 to € -3,470. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 730,519
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,470
▲ 37 % less loss than in 2024
Profit after tax over the fiscal year.
€ 146
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,108
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,149 | € -6,901 | € -4,268 | € -2,189 | ▲ € 2,079 |
| Profit after taxes | € 31,913 | € -8,085 | € -5,510 | € -3,470 | ▲ € 2,040 |
| Equity | € 747,583 | € 739,498 | € 733,989 | € 730,519 | |
| Total debts | € 1,363,759 | € 878,303 | € 881,279 | € 884,627 | |
| Cash | € 2,103 | € 2,801 | € 268 | € 146 | ▼ 46% |
| Retained profit | € -1,557,550 | € -1,565,635 | € -1,571,144 | € -1,574,614 | |
| Bank debt | € 26 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,111,342 | € 1,617,801 | € 1,615,268 | € 1,615,146 |
Key figures of SANDEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to SANDEC?
What happened at SANDEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,470. Source: NBB ↗
- Frédéric Declercq became a director. NBB
- Olivia Declercq became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,913 profit in 2022 to € 3,470 loss in 2025.
Best year ever: 2022, with € 31,913 profit.
A new publication or filing at SANDEC? We notify you, reason included.
Follow SANDECDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SANDEC are Barbara Declercq, Brigitte Santens, Frédéric Declercq, Yves Declercq and Olivia Declercq. It owns 100% of Y. Declercq & Co itself.
Establishments
Establishment units
Physical locations of this company
Golflaan 42 box 1
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.939.234
- VAT number
- BE 0440.939.234
- Registered office
- Golflaan 42 bus 1, 9830 Sint-Martens-Latem
- Names & denominations
- SANDEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 1990
- Peppol
- Not registered