ACTIVE

X-SANATEC

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Financial year 2025 · closed on 31/12/2025

Net result

32,2 k €

-47.1% YoY

Gross margin

103,5 k €

-26.6% YoY

Equity

477,9 k €

+1.5% YoY

Workforce

1,0 ETP

0.0% YoY

What does X-SANATEC do?

X-SANATEC is a Public limited company incorporated in 2001. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Genk. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.081.344

Incorporation

14/11/2001

Legal form

Public limited company

Registered office

Horizonlaan 36
3600 Genk · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

46432Wholesale of electrical household appliances· main 46433Wholesale of electrical household appliances 46460Wholesale of pharmaceutical goods 46460Wholesale of pharmaceutical goods 51460Air transport 46460Wholesale of pharmaceutical goods+4

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	103,5 k €	-26.6%	141,1 k €	-25.3%	189 k €	+3.3%	183 k €	-6.6%	196 k €	+14.7%	170,8 k €	+8.6%	157,4 k €	+30.6%	120,5 k €	+13.2%	106,5 k €	-75.1%	427,4 k €	+4.9%	407,4 k €	+14.6%	355,5 k €	+2.7%	346,2 k €	-27.3%	476,3 k €	+14.4%	416,5 k €	+15.3%	361,2 k €	+56.3%	231,1 k €	-48.9%	452,4 k €	+67.6%	269,9 k €		–
EBITDA	41,7 k €	-50.3%	83,9 k €	-35.4%	129,8 k €	+2.2%	127 k €	-12.2%	144,7 k €	+16.8%	123,9 k €	+13.0%	109,6 k €	+46.2%	75 k €	+18.0%	63,5 k €	-69.8%	210,1 k €	+259%	58,5 k €	-5.6%	62 k €	-0.6%	62,4 k €	-77.4%	275,5 k €	+50.5%	183,1 k €	+1.6%	180,3 k €	+2271%	7,6 k €	-94.8%	145,9 k €	+261%	-90,8 k €	-125684%	-72,2 €
Operating result	39,2 k €	-49.3%	77,4 k €	-38.1%	125 k €	+1.3%	123,4 k €	-12.2%	140,5 k €	+16.4%	120,7 k €	+15.6%	104,4 k €	+49.3%	69,9 k €	+16.7%	59,9 k €	-70.8%	204,9 k €	+735%	24,5 k €	+104%	12 k €	+187%	4,2 k €	-98.0%	207 k €	+74.9%	118,3 k €	-1.9%	120,6 k €	+1014%	-13,2 k €	-113%	98,7 k €	+191%	-108 k €	-862%	-11,2 k €
Net result	32,2 k €	-47.1%	60,9 k €	-40.1%	101,6 k €	+0.2%	101,4 k €	-14.1%	118 k €	+17.9%	100,1 k €	+4.0%	96,2 k €	+58.5%	60,7 k €	+19.2%	50,9 k €	-68.8%	163,5 k €	+613%	22,9 k €	+142%	9,5 k €	-61.2%	24,4 k €	-86.3%	177,7 k €	+68.8%	105,3 k €	-18.7%	129,5 k €	+455%	23,3 k €	-78.9%	110,6 k €	+513%	18 k €	-83.6%	110,1 k €
Balance sheet
Equity	477,9 k €	+1.5%	470,7 k €	+8.2%	434,9 k €	+15.0%	378,2 k €	-30.2%	541,8 k €	+10.9%	488,8 k €	+12.7%	433,7 k €	+7.8%	402,5 k €	-47.5%	766,7 k €	+1.4%	755,8 k €	+5.4%	717,3 k €	+3.3%	694,4 k €	+1.4%	684,9 k €	+3.7%	660,5 k €	+20.6%	547,8 k €	+23.8%	442,5 k €	-74.2%	1,7 M €	+1.4%	1,7 M €	+7.0%	1,6 M €	+1.2%	1,6 M €
Total assets	890 k €	+8.6%	819,5 k €	+8.7%	753,9 k €	-28.2%	1,1 M €	-1.9%	1,1 M €	-3.3%	1,1 M €	-3.6%	1,1 M €	+52.9%	751,1 k €	-40.0%	1,3 M €	-0.1%	1,3 M €	+12.4%	1,1 M €	+3.7%	1,1 M €	-9.5%	1,2 M €	-19.2%	1,5 M €	-7.2%	1,6 M €	-42.4%	2,7 M €	+22.4%	2,2 M €	-18.6%	2,8 M €	-14.3%	3,2 M €	-3.0%	3,3 M €
Cash	502,8 k €	+83.8%	273,5 k €	-20.5%	343,9 k €	-23.5%	449,8 k €	+21.6%	369,8 k €	-46.0%	685,3 k €	+41.4%	484,8 k €	+15.7%	418,9 k €	-42.2%	724,1 k €	-3.1%	747,4 k €	+282%	195,5 k €	+38.1%	141,5 k €	-45.9%	261,4 k €	+18.0%	221,7 k €	-33.5%	333,5 k €	+0.5%	332 k €	+29.0%	257,4 k €	-25.9%	347,4 k €	-42.7%	605,8 k €	+38.5%	437,3 k €
Debts	412,1 k €	+18.3%	348,5 k €	+9.3%	318,9 k €	-52.6%	672,1 k €	+27.2%	528,6 k €	-13.5%	611,3 k €	-14.4%	714,4 k €	+105%	348 k €	-27.3%	478,8 k €	-3.4%	495,8 k €	+24.8%	397,4 k €	+4.5%	380,4 k €	-23.1%	494,4 k €	-38.8%	808 k €	-21.8%	1 M €	-55.2%	2,3 M €	+336%	529,1 k €	-50.5%	1,1 M €	-34.9%	1,6 M €	-6.6%	1,8 M €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-68.8%	3,2 ETP	-41.8%	5,5 ETP	+10.0%	5,0 ETP	+8.7%	4,6 ETP	+31.4%	3,5 ETP	-12.5%	4,0 ETP	+25.0%	3,2 ETP	-15.8%	3,8 ETP	-28.3%	5,3 ETP	-28.4%	7,4 ETP	-1.3%	7,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

HOLDIX

Director · 0479.058.848

Represented by Ben Reynders

Active

Ended mandates

HOLDIX

Managing director · since 29 septembre 2020 · until 19 juin 2021 · 0479.058.848

Represented by Benny Reynders

Ended

HOLDIX

Managing director · since 29 septembre 2020 · 0479.058.848

Represented by Benny Reynders

Ended

HOLDIX

Managing director · since 29 septembre 2020 · 0479.058.848

Represented by Benny Reynders

Ended

Benny Reynders

Director · since 19 juin 2015 · until 29 septembre 2020

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	27/06/2025	25/07/2024	28/07/2023	29/06/2022	30/07/2021
General meeting	30/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	19/08/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	16/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	10/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	17/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	01/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	31/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	30/10/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	22/08/2008	Dutch	PDF
Full model	31/12/2006	29/08/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2025 · 1 active · 17 ended

Active mandates

HOLDIX

Director · 0479.058.848

Represented by Ben Reynders

Active

Ended mandates

HOLDIX

Managing director · since 29 septembre 2020 · until 19 juin 2021 · 0479.058.848

Represented by Benny Reynders

Ended

HOLDIX

Managing director · since 29 septembre 2020 · 0479.058.848

Represented by Benny Reynders

Ended

HOLDIX

Managing director · since 29 septembre 2020 · 0479.058.848

Represented by Benny Reynders

Ended

Benny Reynders

Director · since 19 juin 2015 · until 29 septembre 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/10/2020
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/02/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2004
ONTSLAGEN - BENOEMINGEN
PDF
Other22/11/2002
DIVERSEN
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

2025
Annual accounts 202532,2 k €↓
2024
Annual accounts 202460,9 k €↓
2023
Annual accounts 2023101,6 k €↑
2022
Annual accounts 2022101,4 k €↓
2021
Annual accounts 2021118 k €↑
2020
Annual accounts 2020100,1 k €↑
2019
Annual accounts 201996,2 k €↑
2018
Annual accounts 201860,7 k €↑
2017
Annual accounts 201750,9 k €↓
2016
Annual accounts 2016163,5 k €↑
2015
Annual accounts 201522,9 k €↑
2014
Annual accounts 20149,5 k €↓
2013
Annual accounts 201324,4 k €↓
2012
Annual accounts 2012177,7 k €↑
2011
Annual accounts 2011105,3 k €↓
2010
Annual accounts 2010129,5 k €↑
2009
Annual accounts 200923,3 k €↓
2008
Annual accounts 2008110,6 k €↑
2007
Annual accounts 200718 k €↓
2006
Annual accounts 2006110,1 k €
14/11/2001
IncorporationPublic 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

X-SANATEC

Overview

What does X-SANATEC do?

Trend over 20 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