Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SANITHERME EUPEN from Eupen, company number BE0450634680, closed financial year 2025 with a result of € 6,584 after tax. For that financial year SANITHERME EUPEN recorded a gross margin of € 119,558 and equity of € -67,638. Compared with financial year 2024, the result moved from € 5,518 to € 6,584. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ -67,638
▲ € 6,584 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,584
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 36,994
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -142,638.
People and assets in 2025
€ 1,336
▲ 98% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,571
▲ € 2,735 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 638,899
▼ 6% vs 2024
€ 87,652 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 24,620
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,567
▲ € 2,401 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 145,719 | € 131,640 | € 120,265 | € 119,558 | ▼ 1% |
| Profit after taxes | € 26,497 | € 3,435 | € 5,518 | € 6,584 | ▲ 19% |
| Equity | € -83,175 | € -79,740 | € -74,222 | € -67,638 | ▲ € 6,584 |
| Total debts | € 837,928 | € 787,780 | € 710,499 | € 668,682 | ▼ 6% |
| Cash | € 44,155 | € 30,846 | € 45,647 | € 36,994 | ▼ 19% |
| Land & buildings | € 422,135 | € 375,465 | € 328,795 | € 282,125 | ▼ 14% |
| Retained profit | € -158,175 | € -154,740 | € -149,222 | € -142,638 | ▲ € 6,584 |
| Bank debt | € 804,427 | € 750,661 | € 676,515 | € 638,899 | ▼ 6% |
| Balance sheet total | € 754,753 | € 708,040 | € 636,277 | € 601,044 | ▼ 6% |
Key figures of SANITHERME EUPEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SANITHERME EUPEN?
What happened at SANITHERME EUPEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Franz Johann CREMER stepped down as director. NBB
- CHRISTOPH CREMER stepped down as director. NBB
- Gisela Katharina CREMER - WILLEMS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,584 (▲ 19% vs 2024). Source: NBB ↗
- Franz Johann CREMER became a director. NBB
- CHRISTOPH CREMER became a director. NBB
- Gisela Katharina CREMER - WILLEMS became a director. NBB
- New establishment in Eupen. KBO
In short
From € 26,497 profit in 2022 to € 6,584 profit in 2025.
Paid € 321 in corporate taxes since 2022.
Best year ever: 2022, with € 26,497 profit.
Management
Directors
According to the 2025 annual accounts
since 2021 · until 2028
since 2021 · until 2028
Gisela Katharina CREMER - WILLEMS
Director
since 2021 · until 2028
Establishments
Establishment units
Physical locations of this company
König-Albert-Allee 3
4700 Eupen
Rue de Herbesthal 146
4700 Eupen
Active since 15 October 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.634.680
- VAT number
- BE 0450.634.680
- Registered office
- König-Albert-Allee 3, 4700 Eupen
- Names & denominations
- SANITHERME EUPEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 July 1993
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
Groothandel in bouwmaterialen, algemeen assortiment
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Installatie van verwarming, klimaatregeling en ventilatie
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair