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 1 of the last 2 fiscal years.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SANITEL-INSTALLATIEBEDRIJF from Waasmunster, company number BE0455239806, closed financial year 2023 with a result of € -1.3 million after tax. For that financial year SANITEL-INSTALLATIEBEDRIJF recorded a gross margin of € 1.5 million and equity of € -350,676. Compared with financial year 2022, the result moved from € 128,125 to € -1.3 million. The company made a loss. 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 October 11, 2023.
€ -350,676
▼ € 1.3 million vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ still € 128,125 profit in 2022
Profit after tax over the fiscal year.
€ 278,865
▲ 119% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -412,676.
People and assets in 2023
38.4
▲ 1.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 26% vs 2022
€ 63,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 406,672
▼ 8% vs 2022
Of which on lease € 312,422.
Debts at end 2023
€ 983,891
▲ 2% vs 2022
€ 135,578 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.5 million
▲ 76% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 186,538
▲ 44% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 2,224,366 | € 1,479,019 | ▼ 34% |
| Profit after taxes | € 128,125 | € -1,322,135 | ▼ € 1.5 million |
| Equity | € 971,459 | € -350,676 | ▼ € 1.3 million |
| Total debts | € 2,030,355 | € 3,667,822 | ▲ 81% |
| Cash | € 127,432 | € 278,865 | ▲ 119% |
| Land & buildings | - | € 1,847 | |
| Retained profit | € 909,459 | € -412,676 | ▼ € 1.3 million |
| Bank debt | € 962,952 | € 983,891 | ▲ 2% |
| Balance sheet total | € 3,001,814 | € 3,317,146 | ▲ 11% |
| Employees (FTE) | 36.9 | 38.4 | ▲ 1.5 |
Key figures of SANITEL-INSTALLATIEBEDRIJF, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 October 2024.
What happened to SANITEL-INSTALLATIEBEDRIJF?
What happened at SANITEL-INSTALLATIEBEDRIJF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SANITEL-INSTALLATIEBEDRIJF is active according to the CBE. Legal situation: Opening faillissement.
- Mahler Consulting BV stepped down as director. NBB
- Cristallo Topco BV stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 1.3 million (▼ € 1.5 million vs 2022). Source: NBB ↗
- Sven Moens became a director. NBB
- Mahler Consulting BV became a director. NBB
- Cristallo Topco BV became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 128,125 profit in 2022 to € 1.3 million loss in 2023.
Paid € 1,862 in corporate taxes since 2022.
Best year ever: 2022, with € 128,125 profit.
On average € 38,500 of value added per employee in 2023.
Management
The stake of Cristallo TopCo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SANITEL-INSTALLATIEBEDRIJFBehind SANITEL-INSTALLATIEBEDRIJF is Sven Moens. The shares are held by Cristallo TopCo (100%).
Directors
According to the 2023 annual accounts
since 2023
Director · represented by Geert FOSTIER
Also active at: ELECTRO - VERBEKE, L.V.R. ELECTRONICS, VAN VOOREN, ELECTRO ZWIJSEN, INDUZZ3, BOVEMA INTERNATIONAL, LENAERTS, SETEC +8 more
since 2022 · until 2028
Director · represented by Ruben MONBALLIEU
Also active at: ELECTRO - VERBEKE, L.V.R. ELECTRONICS, VAN VOOREN, ELECTRO ZWIJSEN, INDUZZ3, VAN SEVEREN, BOVEMA INTERNATIONAL, LENAERTS +12 more
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Manta 16 box 1
9250 Waasmunster
Manta 16/1
9250 Waasmunster
Active since 28 June 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0455.239.806
- VAT number
- BE 0455.239.806
- Registered office
- Manta 16 bus 1, 9250 Waasmunster
- Names & denominations
- SANITEL-INSTALLATIEBEDRIJF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 22 May 1995
- Peppol
- Not registered
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
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