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SUCCEDO

Active
Naamloze vennootschap met een sociaal oogmerkfounded 201511 yrs activeAlsembergsesteenweg 1017, 1180 Ukkel, BelgiumKBO/BCE: BE 0635.526.875
Summary

For the legal form of SUCCEDO, Checked does not compute a bankruptcy probability. The 2024 annual accounts show negative equity (-€41,775) and a net result of -€752. Equity remains stable across the filed fiscal years (±1.9% per year). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record100
Credit verdict
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€41,775
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
151 d late
2022
59 d late
2021
31 d late
2020
44 d late
2019
92 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 73 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SUCCEDO was incorporated on 13 August 2015.1 Total assets fell from EUR 6,658 in 2018 to EUR 1,025 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2024, micro schema

Equity
-€41,775▼ 1.8%
2023 · -€41,023
Total assets
€44▼ 85.9%
2023 · €316
Net result
-€752▼ 6.4%
2023 · -€707
Working capital
-€41,775▼ 1.8%
2023 · -€41,023
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€1,301-€517-€948▼ 83.2%-€668▲ 29.6%-€708▼ 6.1%
Net result€1,263-€556-€987▼ 77.5%-€707▲ 28.4%-€752▼ 6.4%
Equity-€38,774▲ 3.2%-€39,330▼ 1.4%-€40,317▼ 2.5%-€41,023▼ 1.8%-€41,775▼ 1.8%
Total assets€1,662▲ 316%€1,025▼ 38.3%€754▼ 26.5%€316▼ 58.1%€44▼ 85.9%
Debt€40,436=€40,355▼ 0.2%€41,071▲ 1.8%€41,339▲ 0.7%€41,819▲ 1.2%
Working capital-€38,774▲ 3.2%-€39,330▼ 1.4%-€40,317▼ 2.5%-€41,023▼ 1.8%-€41,775▼ 1.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,000€0€1,000Operating result 2020: €1,301€1,301Net result 2020: €1,263€1,263Operating result 2021: -€517-€517Net result 2021: -€556-€556Operating result 2022: -€948-€948Net result 2022: -€987-€987Operating result 2023: -€668-€668Net result 2023: -€707-€707Operating result 2024: -€708-€708Net result 2024: -€752-€75220202021202220232024-€1,000-€750-€500-€250€0Operating result 2022: -€948-€948Net result 2022: -€987-€987Operating result 2023: -€668-€668Net result 2023: -€707-€707Operating result 2024: -€708-€708Net result 2024: -€752-€752202220232024
The operating result stays negative: a loss of €708 in 2024 against €668 in 2023; the loss grows.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€41,819▲
2023 · €41,339
Ratios withheld: a balance sheet total of €44 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€316€44▼
Current assets29/58€316€44▼
Cash at bank and in hand54/58€316€44▼
Equity and liabilities
Total equity and liabilities10/49€316€44▼
Equity10/15-€41,023-€41,775▼
Contributions10/11€70,000€70,000=
Capital10€70,000€70,000=
Issued capital100€70,000€70,000=
Profit (loss) carried forward14-€111,023-€111,775▼
Amounts payable17/49€41,339€41,819▲
Amounts payable within one year42/48€41,339€41,819▲
Trade debts44€484€514▲
Suppliers440/4€484€514▲
Taxes, remuneration and social security45€50-
Taxes450/3€50-
Other amounts payable47/48€40,805€41,305▲
Income statement Code20232024
Non-recurring operating income76A-€50
Other operating charges640/8€184€244▲
Gross operating margin9900-€484-€464▲
Operating profit (loss)9901-€668-€708▼
Financial charges65/66B€39€44▲
Recurring financial charges65€39€44▲
Profit (loss) for the period before taxes9903-€707-€752▼
Profit (loss) for the period9904-€707-€752▼
Profit (loss) for the period to be appropriated9905-€707-€752▼
Appropriation of the result
Profit (loss) to be appropriated9906-€111,023-€111,775▼
Profit (loss) brought forward from the previous period14P-€110,317-€111,023▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€81--€50-
Other operating charges640/8-€175€232€184€244▲ 32.8%
Gross operating margin9900€1,356-€342-€716-€484-€464▲ 4.1%
Operating profit (loss)9901€1,301-€517-€948-€668-€708▼ 6.1%
Financial charges65/66B-€38€39€39€44▲ 11.5%
Recurring financial charges65€39€38€39€39€44▲ 11.5%
Profit (loss) for the period before taxes9903€1,263-€556-€987-€707-€752▼ 6.4%
Profit (loss) for the period9904€1,263-€556-€987-€707-€752▼ 6.4%
Profit (loss) for the period to be appropriated9905€1,263-€556-€987-€707-€752▼ 6.4%
Line20202021202220232024Change
Assets
Total assets20/58€1,662€1,025€754€316€44▼ 85.9%
Current assets29/58€1,662€1,025€754€316€44▼ 85.9%
Cash at bank and in hand54/58€1,662€1,025€754€316€44▼ 85.9%
Equity and liabilities
Total equity and liabilities10/49€1,662€1,025€754€316€44▼ 85.9%
Equity10/15-€38,774-€39,330-€40,317-€41,023-€41,775▼ 1.8%
Contributions10/11€70,000€70,000€70,000€70,000€70,000=
Capital10-€70,000€70,000€70,000€70,000=
Issued capital100-€70,000€70,000€70,000€70,000=
Profit (loss) carried forward14-€108,774-€109,330-€110,317-€111,023-€111,775▼ 0.7%
Amounts payable17/49€40,436€40,355€41,071€41,339€41,819▲ 1.2%
Amounts payable within one year42/48€40,436€40,355€41,071€41,339€41,819▲ 1.2%
Trade debts44€81-€716€484€514▲ 6.3%
Suppliers440/4--€716€484€514▲ 6.3%
Taxes, remuneration and social security45-€50€50€50--
Taxes450/3-€50€50€50--
Other amounts payable47/48-€40,305€40,305€40,805€41,305▲ 1.2%
Line20202021202220232024Change
Profit (loss) for the period9904€1,263-€556-€987-€707-€752▼ 6.4%
Operating cash flow (approximation)€1,263-€556-€987-€707-€752▼ 6.4%
Change in cash--€637-€271-€438-€271▲ 38.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
29-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 151 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
31-12
Financial Back to profitnet €1,263
Net result €1,263 after 2 loss-making years.
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial Weakest financial yearnet -€8,759
Net result drops to -€8,759, the lowest in the series; recovery starts the following year.
21-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
18-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Ukkel · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
2,096 m²
Building footprint
446 m²
Volume, LiDAR
6,090 m³
Parcel 21616A0082/00B003, Brussels · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
SUCCEDO
Alsembergsesteenweg 1017, 1180 UkkelOrganisation of conventions and trade shows
since 20152.244.415.692
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21616A0082/00B003 Brussels 2,096 m² 1 · 445 m² 16.5 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formNaamloze vennootschap met een sociaal oogmerk
Founded13-08-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.