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ERGOSUN

Active
Private limited companyfounded 2000active for 26 yearsKleinesteenweg 3, 2610 Antwerpen, BelgiumKBO/BCE: BE 0472.614.583

The file of ERGOSUN contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 0.8% (low). The 2025 annual accounts show equity of €468,939 and a net result of €434,496. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 1,338 sector peers (NACE 96, financial year 2025).

Overview

Activity
Day spas, saunas and steam baths
NACE 96230
11 sites
Size
€1.7mtotal assets 2025
Staff
35.2 FTE
Equity
€468,939
Profit
€434,496
Turnover not published (abbreviated format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts filed 34 days late0 of 20 deeds read
Why 69raises riskJudicial reorganisation on record (2 publications, latest 03-10-2023)Latest accounts 34 days late; 3 of the last 3 latelowers riskSize: total assets €1.7mFounded in 2000Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 71% of its sector peers (NACE 96, micro)
Financial strength · tick = 2024
Strong
Solvency 53+26
equity 27.9% of total assets
Liquidity 49+23
short-term debt 30.7% · cash 9.4%
Profitability 100+30
return on assets 25.8%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,606 companies, NACE 96, micro)
Last 24 months 11-2024: 12.6% 12-2024: 12.6%● unchanged vs 11-2024 01-2025: 12.6%● unchanged vs 12-2024 02-2025: 12.6%● unchanged vs 01-2025 03-2025: 10.0%▼ -2.6 percentage points vs 02-2025 04-2025: 10.0%● unchanged vs 03-2025 05-2025: 10.0%● unchanged vs 04-2025 06-2025: 10.0%● unchanged vs 05-2025 07-2025: 10.0%● unchanged vs 06-2025 08-2025: 10.0%● unchanged vs 07-2025 09-2025: 10.6%▲ +0.6 percentage points vs 08-2025 10-2025: 13.7%▲ +3.1 percentage points vs 09-2025 11-2025: 11.5%▼ -2.2 percentage points vs 10-2025 12-2025: 11.7%▲ +0.2 percentage points vs 11-2025 01-2026: 11.7%● unchanged vs 12-2025 02-2026: 11.8%▲ +0.1 percentage points vs 01-2026 03-2026: 11.6%▼ -0.2 percentage points vs 02-2026 04-2026: 11.4%▼ -0.2 percentage points vs 03-2026 05-2026: 10.9%▼ -0.5 percentage points vs 04-2026 06-2026: 10.5%▼ -0.4 percentage points vs 05-2026 07-2026: 11.0%▲ +0.5 percentage points vs 06-2026 08-2026: 14.7%▲ +3.7 percentage points vs 07-2026 09-2026: 16.5%▲ +1.8 percentage points vs 08-2026highest value 10-2026: 0.8%▼ -15.7 percentage points vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms, only on tighter conditions: judicial reorganisation (WER Book XX) on file
Liquidity ample (current ratio 1.51, compared with 0.86 in 2024, above the usual 1.5; short-term debt: 30.7% and cash: 9.4% of total assets), but 72.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 96, micro): better than 51% on solvency, 41% on liquidity, 93% on profitability and 99% on growth.

The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Judicial reorganisation on record (2 publications, latest 03-10-2023)
Belgian Official Gazette
raises risk · Latest accounts 34 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €1.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
34 days late
2024
106 days late
2023
471 days late
2022
49 days late
2021
2 days early
2020
31 days late
2019
13 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 100 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 September (4 of the last 5 filed years within 57 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Equity above €200,000equity €468,939 ▲1,262%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Result rose in 2025from €10,737 to €434,496 ▲ 3,947% View
  • Positive: Among the best 5% on net resultsector median €5,209 · 1,334 companies €434,496 View
  • Active since 2000founded 22-08-2000 26 years View

By topic

Financials

Financial year
2025
Total assets
€1.7m
Profit
€434,496
Solvency
27.9%
Total assets▲ 6.9%
Net result
20182025
Go to Financials

Timeline

Events
32
Since
2002
Next accounts
by 31-07-2027
  1. 14-11-2025Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-12-2023Liquidity more than 6 times
Go to Timeline

Company details

Sites
11
Legal form
Private limited company
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
22-08-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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