ACTIVE

SANDERS

Financial year 2025 · closed on 31/01/2025
Net result
15,1 k €
-92.4% YoY
Gross margin
2,6 M €
+3.2% YoY
Equity
4,2 M €
+0.4% YoY
Workforce
19,4 ETP
-9.3% YoY

What does SANDERS do?

SANDERS is a Public limited company incorporated in 1986. Its registered office is in Oostende. It employs on average 19,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.907.661
Incorporation
27/11/1986
Legal form
Public limited company
Registered office
Groenendaallaan 17 box 102
8400 Oostende · FlandreSee on map
Contributed capital
65 007,91 €
Latest accounts
31/01/2025
Average workforce
19,4 ETP
Joint committees (4)
  • 119
  • 11903
  • 202
  • 20201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin2,6 M €2,6 M €2 M €1,2 M €1,1 M €1,1 M €1 M €1,2 M €1,3 M €1,3 M €1,2 M €1 M €1,1 M €1,1 M €922,6 k €925,4 k €992,8 k €1,2 M €
EBITDA-100,2 k €260,6 k €413 k €359,7 k €227,4 k €325,5 k €310,8 k €370,8 k €371,2 k €450,5 k €300,9 k €177,2 k €370,6 k €387,2 k €217,2 k €243,6 k €277,6 k €466,6 k €
Operating result-275,5 k €142,1 k €267,3 k €227,4 k €98,1 k €191,6 k €161,9 k €178,9 k €173,6 k €258,3 k €122,3 k €41,1 k €342,4 k €291,8 k €116,3 k €143,4 k €185,5 k €375,4 k €
Net result15,1 k €198,3 k €256,4 k €222 k €74 k €135,6 k €156,6 k €146,8 k €153,7 k €204,6 k €109,7 k €42,5 k €244,9 k €225,5 k €113 k €124,3 k €197,2 k €262 k €
Balance sheet
Equity4,2 M €4,2 M €4 M €3,8 M €3,7 M €3,6 M €3,5 M €3,3 M €3,2 M €3,1 M €2,9 M €2,8 M €2,7 M €2,5 M €2,3 M €2,1 M €2 M €1,8 M €
Total assets8,6 M €6,6 M €6,3 M €5,9 M €4,8 M €4,8 M €4,7 M €4,5 M €4,6 M €4,4 M €4,3 M €4,4 M €3,4 M €3,3 M €2,9 M €3 M €3 M €2,9 M €
Cash10,1 k €10,3 k €8,8 k €7,7 k €8,3 k €8 k €13,3 k €13 k €11,6 k €11,3 k €17,8 k €59,7 k €12 k €12,8 k €8,1 k €8,8 k €8,3 k €8,2 k €
Debts4,4 M €2,4 M €2,2 M €2,1 M €1,1 M €1,2 M €1,2 M €1,2 M €1,4 M €1,3 M €1,4 M €1,6 M €707 k €789,8 k €615,4 k €833,1 k €979,7 k €1 M €
Other
Workforce19,4 ETP21,4 ETP22,9 ETP22,0 ETP23,6 ETP22,6 ETP20,0 ETP22,3 ETP27,0 ETP25,0 ETP23,9 ETP24,8 ETP24,3 ETP23,1 ETP23,3 ETP23,1 ETP25,2 ETP24,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/01/2025 · 1 active · 16 ended

Active mandates

DISTRIHOLD

Director · since 11 octobre 2024 · until 25 juillet 2030 · 0832.156.268

Represented by Karen POLLET

Active

Ended mandates

Adrienne Wytynck

Director · since 03 juin 2019 · until 03 juin 2025

Ended
DISTRIHOLD

Chairman of the board of directors · since 03 juin 2019 · until 03 juin 2025 · 0832.156.268

Represented by Karen POLLET

Ended
DISTRIHOLD

Chairman of the board of directors · since 03 juin 2019 · until 03 juin 2025 · 0832.156.268

Represented by Karen POLLET (Vaste vertegenwoordiger)

Ended
DISTRIHOLD

Chairman of the board of directors · since 03 juin 2019 · until 03 juin 2025 · 0832.156.268

Represented by Karen Pollet

Ended
At this address

Other companies at this address

CompanyCBE no.
DISTIMMOActive
0405.087.539
DISTRIHOLDActive
0832.156.268
IZCARActive
0423.464.089
UNIDENActive
0437.827.712
UniduActive
0422.877.438
UNISTELActive
0424.641.452
UNITAPActive
0424.059.749
UNOActive
0431.073.344
Annual accounts

Full financial information

202520232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/06/202301/02/202201/02/202101/02/202001/02/201901/02/2018
Closing of the financial year31/01/202531/05/202331/01/202231/01/202131/01/202031/01/2019
Length of the financial year20 months16 months12 months12 months12 months12 months
Filing date29/09/202526/12/202330/08/202230/09/202131/08/202022/08/2019
General meeting31/07/202520/11/202306/06/202207/06/202101/06/202003/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/01/202531/07/202529/09/2025DutchPDF
Abridged model31/05/202320/11/202326/12/2023DutchPDF
Abridged model31/01/202206/06/202230/08/2022DutchPDF
Abridged model31/01/202107/06/202130/09/2021DutchPDF
Abridged model31/01/202001/06/202031/08/2020DutchPDF
Abridged model31/01/201903/06/201922/08/2019DutchPDF
Abridged model31/01/201804/06/201830/08/2018DutchPDF
Abridged model31/01/201705/06/201730/08/2017DutchPDF
Abridged model31/01/201606/06/201631/08/2016DutchPDF
Abridged model31/01/201501/06/201531/08/2015DutchPDF
Abridged model31/01/201402/06/201429/08/2014DutchPDF
Abridged model31/01/201303/06/201330/08/2013DutchPDF
Abridged model31/01/201204/06/201230/08/2012DutchPDF
Abridged model31/01/201106/06/201130/08/2011DutchPDF
Abridged model31/01/201007/06/201031/08/2010DutchPDF
Abridged model31/01/200901/06/200931/08/2009DutchPDF
Abridged model31/01/200802/06/200829/08/2008DutchPDF
Abridged model31/01/200704/06/200724/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/01/2025 · 1 active · 16 ended

Active mandates

DISTRIHOLD

Director · since 11 octobre 2024 · until 25 juillet 2030 · 0832.156.268

Represented by Karen POLLET

Active

Ended mandates

Adrienne Wytynck

Director · since 03 juin 2019 · until 03 juin 2025

Ended
DISTRIHOLD

Chairman of the board of directors · since 03 juin 2019 · until 03 juin 2025 · 0832.156.268

Represented by Karen POLLET

Ended
DISTRIHOLD

Chairman of the board of directors · since 03 juin 2019 · until 03 juin 2025 · 0832.156.268

Represented by Karen POLLET (Vaste vertegenwoordiger)

Ended
DISTRIHOLD

Chairman of the board of directors · since 03 juin 2019 · until 03 juin 2025 · 0832.156.268

Represented by Karen Pollet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office28/01/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other15/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates01/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2016
    DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2016
    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

Timeline

  1. 2025
    Annual accounts 202515,1 k €
  2. 2023
    Annual accounts 2023198,3 k €
  3. 2022
    Annual accounts 2022256,4 k €
  4. 2021
    Annual accounts 2021222 k €
  5. 2020
    Annual accounts 202074 k €
  6. 2019
    Annual accounts 2019135,6 k €
  7. 2018
    Annual accounts 2018156,6 k €
  8. 2017
    Annual accounts 2017146,8 k €
  9. 2016
    Annual accounts 2016153,7 k €
  10. 2015
    Annual accounts 2015204,6 k €
  11. 2014
    Annual accounts 2014109,7 k €
  12. 2013
    Annual accounts 201342,5 k €
  13. 2012
    Annual accounts 2012244,9 k €
  14. 2011
    Annual accounts 2011225,5 k €
  15. 2010
    Annual accounts 2010113 k €
  16. 2009
    Annual accounts 2009124,3 k €
  17. 2008
    Annual accounts 2008197,2 k €
  18. 2007
    Annual accounts 2007262 k €
  19. 27/11/1986
    IncorporationPublic limited company