M.T.D. SUNSET
ActiveSummary
M.T.D. SUNSET has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €370k and a net result of €92k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 511 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-20
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 17.75 against 15.83 in 2023; short-term debt: 4.4% and cash: 75.9% of total assets), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.6%
Return on assets
23.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
23 d early
2022
40 d early
2021
73 d early
2020
54 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€92k
2023 · €-4k
2018: €6k
2019: €1k
2020: €-14k
2021: €32k
2022: €166k
2023: €-4k
2018 → 2024
Working capital
€283k▲ 57.3%
2023 · €180k
2018: €65k
2019: €65k
2020: €40k
2021: €77k
2022: €178k
2023: €180k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€188k-€233k▲ 23.6%€398k▲ 71.3%€395k▼ 0.9%€370k▼ 6.2%
Operating result€-11k-€35k€233k▲ 564%€-4k€-8k▼ 108%
Net result€-14k-€32k€166k▲ 411%€-4k€92k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2024 against €4k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €387k
Fixed assets
€87k ▼ 59.7%
Current assets
€300k ▲ 56.2%
Equity and liabilities €387k
Equity
€370k ▼ 6.2%
Provisions
€0 ▼ 100%
Debt
€17k ▲ 39.3%
Debt's share of the balance-sheet total rises from 3.0% to 4.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-190▼
2023 · €17k
Cash flow
€99k▲
2023 · €17k
Current ratio
17.75▲
2023 · 15.83
Debt to equity
0.05▲
2023 · 0.03
ROE
24.7%▲
2023 · -0.9%
ROA
23.7%▲
2023 · -0.9%
Interest coverage
-0.61▼
2023 · 9.24
Debt ≤ 1 year
€17k▲
2023 · €12k
Income taxes
€11k▲
2023 · €38
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€409k€387k▼
Fixed assets21/28€217k€87k▼
Tangible fixed assets22/27€217k€87k▼
Land and buildings22€215k€86k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€961€497▼
Current assets29/58€192k€300k▲
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40-€826
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€188k€294k▲
Equity and liabilities
Total equity and liabilities10/49€409k€387k▼
Equity10/15€395k€370k▼
Contributions10/11€19k€19k=
Revaluation surpluses12€106k-
Reserves13€185k€266k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€18k-
Distributable reserves133€165k€264k▲
Profit (loss) carried forward14€85k€86k▲
Provisions and deferred taxes16€2k-
Deferred taxes168€2k-
Amounts payable17/49€12k€17k▲
Amounts payable within one year42/48€12k€17k▲
Current portion of amounts payable after more than one year42€11k-
Trade debts44€694€5k▲
Suppliers440/4€694€5k▲
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Income statement
Code20232024
Non-recurring operating income76A-€826
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€7k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-10k
Other operating charges640/8€5k€5k▲
Gross operating margin9900€22k€-5k▼
Operating profit (loss)9901€-4k€-8k▼
Financial income75/76B€2k€108k▲
Recurring financial income75€2k€2k▼
Non-recurring financial income76B-€106k
Financial charges65/66B€2k€312▼
Recurring financial charges65€2k€312▼
Profit (loss) for the period before taxes9903€-4k€100k▲
Transfer from deferred taxes780€300€2k▲
Income taxes67/77€38€11k▲
Profit (loss) for the period9904€-4k€92k▲
Transfer from tax-exempt reserves789€1k€8k▲
Profit (loss) for the period to be appropriated9905€-2k€100k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€185k▲
Profit (loss) brought forward from the previous period14P€87k€85k▼
Transfer to equity691/2-€99k
To other reserves6921-€99k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €92k
Net result €92k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 7current ratio 15.83
Current ratio from 2.32 to 15.83; short-term debt falls from €135k to €12k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €166k ▲411%
Operating result €233k, net result €166k, both a record.
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial
Equity above €200kEq €233k ▲23.6%
Equity rises from €188k to €233k.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-14k ▼1042%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaudfontaine · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue des Thermes 284050 ChaudfontaineGround area
936 m²
Building footprint
224 m²
Volume, LiDAR
427 m³
2 parcels, Wallonia · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Avenue des Thermes 13, 4050 Chaudfontaine
since 19842.024.640.913
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62022C0024/00T000 | Wallonia | 600 m² | 1 · 126 m² | - |
| 62022C0022/00P003 | Wallonia | 337 m² | 1 · 98 m² | 4.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CODDY
BE 0698.613.596
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Centromatic Amusement
BE 0417.678.040
Jette · Eq €370k
FLYING KIDS
BE 0478.051.335
Wavre · Eq €375k
Le Money
BE 0420.766.204
Tubize · Eq €378k
Verviers Indoor Games Center
BE 1003.489.843
Verviers · Eq €393k
Of 298 companies in sector 93293 we hold annual accounts for 190. 147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-1984
Fiscal year end31-12
Activities, NACEBEL 2025
93293Sports, amusement and recreation activities
92000Gambling and betting activities
93291Operation of fairground attractions
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.