B-sun
ActiveSummary
The computed 12-month bankruptcy probability of B-sun is 3.4% (moderate). The 2025 annual accounts show negative equity (-€1,702) and a net result of -€11,249. Its solvency ranks better than 7% of 9,909 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-08-2023 Normal situation
- Activity
- General electrical installation work NACE 43211and 5 others
- Establishment unit
- 2.348.571.225 4350 Remicourt, since 01-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 04-09-2023
Board and ownership
- JACOB Denis Pierre Louis FabriceDirector
- LIÉGEOIS Jean-LouisDirector
- LIÉGEOIS Jean-Louis501 sharesact of 10-08-2023
- JACOB Denis Pierre Louis Fabrice499 sharesact of 10-08-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.4%
- Turnover
- €137,854
- ▼ 23.5%
- Loss
- €11,249
- Equity
- -€1,702
- Total assets
- €56,666
- ▲ 26.6%
- Negative equity on 31-12-2025
- 2025 accounts filed 39 days after the deadline
Score breakdownraises riskLast filed accounts filed 39 days late; 1 of the last 3 accounts lateFounded in 2023Negative equity -€1,702lowers riskLiquidity: current ratio 0.74, cash €9,673Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 8% of them on solvency, 12% on liquidity, 4% on profitability and 11% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 15 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 39 days after the deadline Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508589.
Annual accounts 2025 filed on 08-09-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €10,112, after a profit of €10,837 in 2024.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €24,848 | - |
| Intangible fixed assets | €1,260 | - |
| Depreciation and write-downs of the year | €9,961 | €3,003 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €180,189 | €137,854 | ▼ 23.5% |
| Goods, raw materials, services and sundry goods60/61 | €159,034 | €143,720 | ▼ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,961 | €3,003 | ▼ 69.9% |
| Other operating charges640/8 | €357 | €1,244 | ▲ 248% |
| Gross operating margin9900 | €21,155 | -€5,865 | - |
| Operating profit (loss)9901 | €10,837 | -€10,112 | - |
| Financial income75/76B | - | €2 | - |
| Recurring financial income75 | - | €2 | - |
| Financial charges65/66B | €153 | €1,139 | ▲ 644% |
| Recurring financial charges65 | €153 | €1,139 | ▲ 644% |
| Profit (loss) for the period before taxes9903 | €10,684 | -€11,249 | - |
| Income taxes67/77 | €2,137 | - | - |
| Profit (loss) for the period9904 | €8,547 | -€11,249 | - |
| Profit (loss) for the period to be appropriated9905 | €8,547 | -€11,249 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €44,755 | €56,666 | ▲ 26.6% |
| Formation expenses20 | €0 | - | - |
| Fixed assets21/28 | €16,447 | €13,444 | ▼ 18.3% |
| Tangible fixed assets22/27 | €16,447 | €13,444 | ▼ 18.3% |
| Plant, machinery and equipment23 | €1,383 | €1,159 | ▼ 16.2% |
| Furniture and vehicles24 | €15,064 | €12,285 | ▼ 18.4% |
| Current assets29/58 | €28,308 | €43,222 | ▲ 52.7% |
| Amounts receivable after more than one year29 | €22,248 | - | - |
| Trade receivables290 | €19,988 | - | - |
| Other amounts receivable291 | €2,260 | - | - |
| Amounts receivable within one year40/41 | €1,938 | €33,499 | ▲ 17× |
| Trade receivables40 | €1,938 | €16,915 | ▲ 773% |
| Other amounts receivable41 | - | €16,584 | - |
| Cash at bank and in hand54/58 | €2,464 | €9,673 | ▲ 293% |
| Deferred charges and accrued income490/1 | €1,658 | €50 | ▼ 97.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €44,755 | €56,666 | ▲ 26.6% |
| Equity10/15 | €9,547 | -€1,702 | - |
| Contributions10/11 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €8,547 | -€2,702 | - |
| Amounts payable17/49 | €35,208 | €58,368 | ▲ 65.8% |
| Amounts payable within one year42/48 | €35,208 | €58,368 | ▲ 65.8% |
| Trade debts44 | - | €9,640 | - |
| Suppliers440/4 | - | €9,640 | - |
| Taxes, remuneration and social security45 | €2,137 | €7,397 | ▲ 246% |
| Taxes450/3 | €2,137 | €7,397 | ▲ 246% |
| Other amounts payable47/48 | €33,071 | €41,331 | ▲ 25.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8,547 | -€11,249 | - |
| + Depreciation and write-downs630 | €9,961 | €3,003 | ▼ 69.9% |
| Operating cash flow (approximation) | €18,508 | -€8,246 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €7,209 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as B-sun has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B-sun itself: 3.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for B-sun. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- LIÉGEOIS Jean-Louis 501 shares (50.1%) · €501 in cash
- JACOB Denis Pierre Louis Fabrice 499 shares (49.9%) · €499 in cash
Capital transactions
- 10-08-2023 Incorporation · €1,000 · 1,000 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| JACOB Denis Pierre Louis Fabrice |
|
| LIÉGEOIS Jean-Louis |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement actions, mêmes formalités si non actionnaires plein droit”
Articles of association, deed of 10-08-2023 (in French)
Network & group
B-sun shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of B-sun. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-08
Gazette deed
IncorporationStarting capital €1,000 · Appointments: LIÉGEOIS Jean-Louis (director) and JACOB Denis Pierre Louis Fabrice (director) · Founder: LIÉGEOIS Jean-Louis (fondateur,comparant) · Founder: JACOB Denis Pierre Louis Fabrice (fondateur,comparant)9 points ▸
- Founder, LIÉGEOIS Jean-Louis (fondateur,comparant)
- Founder, JACOB Denis Pierre Louis Fabrice (fondateur,comparant)
- Incorporation, 08-08-2023
- Founding capital, €1,000, 1,000 shares
- 1,000 shares
- Registered office clause, Rue Hubert Mangon 50, 4350 Remicourt
- Board rule, 2
- Director appointment, LIÉGEOIS Jean-Louis (director (not named in the articles))
- Director appointment, JACOB Denis Pierre Louis Fabrice (director (not named in the articles))
- The act holds 6 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
5 activities
- L’installation de systèmes autonomes hybrides hors panneaux photovoltaïques
- L’installation électrique au sens large,tant industrielle que privée,y compris la téléphonie,la détection d'incendie,le chauffage,l'éclairage,l'automation,la régulation et l'instrumentation
- L'achat,la vente,l'importation et l'exportation en gros et au détail de toutes machines et matériels électriques
- L'entreprise d'installation d'éclairage,de force motrice et de téléphonie
- Le dépannage et la réparation de ces installations électriques,d'éclairage,de force motrice,de téléphonie,de chauffage et de tous matériels électriques en général
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0804.651.127
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 64061A0546/00P002 | Wallonia | 484 m² | 1 · 80 m² | 8.9 m · 3 |