ACTIVE

SANAS

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Financial year 2024 · closed on 31/12/2024

Net result

-130,8 k €

+36.5% YoY

Gross margin

55,5 k €

-66.3% YoY

Equity

432,2 k €

-23.2% YoY

Workforce

0,5 ETP

-92.1% YoY

What does SANAS do?

SANAS is a Private limited company incorporated in 1985. Its main activity is: Manufacture of pharmaceutical preparations. Its registered office is in Harelbeke. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.676.859

Incorporation

21/08/1985

Legal form

Private limited company

Registered office

Evolis 101
8530 Harelbeke · FlandreSee on map

Contributed capital

170 000,00 €

Latest accounts

31/12/2024

Average workforce

0,5 ETP

Activities (NACE)

21209Manufacture of pharmaceutical preparations· main 21209Manufacture of pharmaceutical preparations 52498Warehousing and support activities for transportation 32990Other manufacturing n.e.c.32990Other manufacturing n.e.c.36630Water collection, treatment and supply+2

Joint committees (4)

116
116000
207
207000

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	55,5 k €	-66.3%	164,9 k €	-46.6%	308,6 k €	+242%	90,1 k €	+213%	-79,9 k €	-56.4%	-51,1 k €	-482%	13,4 k €	-64.9%	38 k €	+684%	-6,5 k €	+92.5%	-86,3 k €	-13.2%	-76,3 k €	-764%	11,5 k €	-85.5%	79,3 k €	-21.6%	101,1 k €	-8.5%	110,6 k €	-31.9%	162,3 k €	-20.5%	204,2 k €	-17.9%	248,9 k €	+1.5%	245,3 k €
EBITDA	-46,2 k €	+69.7%	-152,3 k €	-444%	44,2 k €	+955%	-5,2 k €	+96.9%	-164,5 k €	-46.2%	-112,5 k €	-113%	-52,8 k €	-4282%	1,3 k €	+103%	-42 k €	+66.0%	-123,5 k €	+4.8%	-129,7 k €	-535%	-20,4 k €	-145%	45,8 k €	-19.7%	57 k €	+60.8%	35,4 k €	-28.2%	49,4 k €	-22.7%	63,9 k €	-10.0%	71 k €	+79.9%	39,5 k €
Operating result	-93,7 k €	+52.8%	-198,7 k €	-233%	-59,7 k €	-439%	-11,1 k €	+93.4%	-167,9 k €	-38.4%	-121,3 k €	-77.7%	-68,3 k €	-264%	-18,8 k €	+73.4%	-70,7 k €	+52.8%	-149,9 k €	+7.0%	-161,2 k €	-218%	-50,7 k €	-568%	10,8 k €	-58.9%	26,4 k €	+1846%	1,4 k €	-70.4%	4,6 k €	-42.3%	7,9 k €	-36.2%	12,4 k €	+173%	-17,1 k €
Net result	-130,8 k €	+36.5%	-206,1 k €	-250%	-58,9 k €	-2450%	2,5 k €	+102%	-145,6 k €	-44.8%	-100,5 k €	-154%	-39,5 k €	-739%	6,2 k €	+114%	-44,7 k €	+64.1%	-124,8 k €	+9.7%	-138,1 k €	-393%	-28 k €	-193%	30 k €	-48.2%	57,9 k €	+12.4%	51,5 k €	+45.0%	35,5 k €	-3.3%	36,7 k €	+71.9%	21,4 k €	+1327%	1,5 k €
Balance sheet
Equity	432,2 k €	-23.2%	563 k €	-26.8%	769,1 k €	-7.1%	828,1 k €	+0.3%	825,6 k €	-15.0%	971,2 k €	-9.4%	1,1 M €	-3.6%	1,1 M €	-2.1%	1,1 M €	-3.8%	1,2 M €	-9.6%	1,3 M €	-9.6%	1,4 M €	-1.9%	1,5 M €	+2.1%	1,4 M €	+4.2%	1,4 M €	+3.9%	1,3 M €	+2.7%	1,3 M €	+2.9%	1,3 M €	+1.7%	1,2 M €
Total assets	550,3 k €	-41.6%	943,1 k €	-6.0%	1 M €	-20.0%	1,3 M €	+21.3%	1 M €	-24.4%	1,4 M €	+5.8%	1,3 M €	-9.0%	1,4 M €	+9.4%	1,3 M €	-10.1%	1,4 M €	-1.7%	1,5 M €	-3.6%	1,5 M €	-2.7%	1,6 M €	-6.1%	1,7 M €	-14.9%	2 M €	-0.0%	2 M €	+10.2%	1,8 M €	+6.0%	1,7 M €	+19.7%	1,4 M €
Cash	213,3 k €	+498%	35,7 k €	-48.1%	68,7 k €	+15.1%	59,7 k €	+15.9%	51,5 k €	+9.6%	47 k €	-46.7%	88,1 k €	+39.2%	63,3 k €	+20.0%	52,7 k €	-48.0%	101,4 k €	-44.1%	181,3 k €	-11.0%	203,8 k €	+12.0%	181,9 k €	-49.1%	357,7 k €	+143%	147,1 k €	-33.0%	219,7 k €	+418%	42,4 k €	-30.0%	60,6 k €	-83.2%	361,1 k €
Debts	118,1 k €	-68.9%	380,1 k €	+62.4%	234 k €	-45.1%	426,5 k €	+105%	208,5 k €	-47.5%	397,2 k €	+79.4%	221,4 k €	-27.8%	306,5 k €	+88.4%	162,8 k €	-38.2%	263,4 k €	+60.6%	164 k €	+104%	80,5 k €	-14.6%	94,3 k €	-54.8%	208,7 k €	-62.2%	551,8 k €	-9.1%	607,4 k €	+31.2%	463 k €	+11.5%	415,2 k €	+152%	164,8 k €
Other
Workforce	0,5 ETP	-92.1%	6,3 ETP	+186%	2,2 ETP	0.0%	2,2 ETP	+4.8%	2,1 ETP	+31.3%	1,6 ETP	+60.0%	1,0 ETP	+11.1%	0,9 ETP	+12.5%	0,8 ETP	0.0%	0,8 ETP	-20.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-61.5%	2,6 ETP	-23.5%	3,4 ETP	-17.1%	4,1 ETP	-63.7%	11,3 ETP	+63.8%	6,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 18 ended

Active mandates

Epina

Director · 0747.945.818

Represented by Denutte IGNACE

Active

Ended mandates

KARINE DE WASCH

Manager · since 15 décembre 2017

Ended

Frederik DE VOS

Director · since 17 juin 2015 · until 15 décembre 2017

Ended

Frederik DE VOS

Director · since 17 juin 2015 · until 16 juin 2021

Ended

Karine DE WASCH

Managing director · since 17 juin 2015 · until 15 décembre 2017

Ended

At this address

Other companies at this address

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ID.HOLD● Active	0795.814.328
ID. NUTRITION● Active	0470.135.838
Nutriliq● Active	0671.844.071

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/10/2025	18/09/2024	31/08/2023	11/07/2022	29/09/2021	30/10/2020
General meeting	18/06/2025	19/06/2024	15/06/2023	15/06/2022	16/06/2021	17/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	18/06/2025	24/10/2025	Dutch	PDF
Abridged model	31/12/2023	19/06/2024	18/09/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	16/06/2021	29/09/2021	Dutch	PDF
Abridged model	31/12/2019	17/06/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	28/09/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	17/06/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	24/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 18 ended

Active mandates

Epina

Director · 0747.945.818

Represented by Denutte IGNACE

Active

Ended mandates

KARINE DE WASCH

Manager · since 15 décembre 2017

Ended

Frederik DE VOS

Director · since 17 juin 2015 · until 15 décembre 2017

Ended

Frederik DE VOS

Director · since 17 juin 2015 · until 16 juin 2021

Ended

Karine DE WASCH

Managing director · since 17 juin 2015 · until 15 décembre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office24/07/2026
MAATSCHAPPELIJKE ZETEL
PDF
Registered office04/11/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/01/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - WIJZIGING RECHTSVORM
PDF
Mandates02/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2009
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-130,8 k €↑
2023
Annual accounts 2023-206,1 k €↓
2023
Name changeSANAS
2022
Annual accounts 2022-58,9 k €↓
2021
Annual accounts 20212,5 k €↑
2021
Name changeVITAPHAR
2020
Annual accounts 2020-145,6 k €↓
2019
Annual accounts 2019-100,5 k €↓
2018
Annual accounts 2018-39,5 k €↓
2017
Annual accounts 20176,2 k €↑
2016
Annual accounts 2016-44,7 k €↑
2015
Annual accounts 2015-124,8 k €↑
2014
Annual accounts 2014-138,1 k €↓
2013
Annual accounts 2013-28 k €↓
2012
Annual accounts 201230 k €↓
2011
Annual accounts 201157,9 k €↑
2010
Annual accounts 201051,5 k €↑
2009
Annual accounts 200935,5 k €↓
2008
Annual accounts 200836,7 k €↑
2007
Annual accounts 200721,4 k €↑
2006
Annual accounts 20061,5 k €
21/08/1985
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SANAS

Overview

What does SANAS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline