SUD CAPITALE
ActiveSUD CAPITALE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €37k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 18035 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 7.16 against 5.52 in 2024), and 13.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.6%
Return on assets
51.7%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
20 d late
2023
30 d late
2022
26 d early
2021
40 d early
2020
31 d late
2019
25 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▲ 115%
2024 · €29k
2018: €21k
2019: €26k
2020: €24k
2021: €24k
2022: €25k
2023: €20k
2024: €29k
2018 → 2025
Total assets
€72k▲ 106%
2024 · €35k
2018: €46k
2019: €45k
2020: €49k
2021: €40k
2022: €36k
2023: €34k
2024: €35k
2018 → 2025
Net result
€37k▲ 288%
2024 · €10k
2018: €-3k
2019: €4k
2020: €-1k
2021: €-319
2022: €1k
2023: €2k
2024: €10k
2018 → 2025
Working capital
€60k▲ 126%
2024 · €26k
2018: €5k
2019: €13k
2020: €15k
2021: €18k
2022: €24k
2023: €19k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€25k▲ 4.5%€20k▼ 18.8%€29k▲ 43.1%€63k▲ 115%
Operating result€969-€3k▲ 225%€4k▲ 26.2%€17k▲ 317%€52k▲ 210%
Net result€-319-€1k€2k▲ 66.4%€10k▲ 441%€37k▲ 288%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 210% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€3k▲ 1.1%
Current assets
€70k▲ 115%
Equity and liabilities €72k
Equity
€63k▲ 115%
Debt
€10k▲ 65.8%
The debt ratio falls from 16.7% to 13.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€53k▲
2024 · €17k
Cash flow
€38k▲
2024 · €10k
Solvency
86.6%▲
2024 · 83.3%
Current ratio
7.16▲
2024 · 5.52
Quick ratio
7.16▲
2024 · 5.52
Debt / equity
0.16▼
2024 · 0.20
ROE
59.8%▲
2024 · 33.1%
ROA
51.7%▲
2024 · 27.5%
Interest coverage
61.10▲
2024 · 16.15
Debt
€10k▲
2024 · €6k
Debt ≤ 1 year
€10k▲
2024 · €6k
Income taxes
€14k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€35k€72k▲
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Furniture and vehicles24€3k€3k▲
Current assets29/58€32k€70k▲
Amounts receivable within one year40/41€13k€25k▲
Trade receivables40€8k€13k▲
Other amounts receivable41€5k€12k▲
Cash at bank and in hand54/58€19k€45k▲
Equity and liabilities
Total equity and liabilities10/49€35k€72k▲
Equity10/15€29k€63k▲
Contributions10/11€19k€19k=
Reserves13€11k€44k▲
Distributable reserves133€11k€44k▲
Profit (loss) carried forward14€8€19▲
Amounts payable17/49€6k€10k▲
Amounts payable within one year42/48€6k€10k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€921€859▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€680€1k▲
Other operating charges640/8€537€2k▲
Gross operating margin9900€18k€54k▲
Operating profit (loss)9901€17k€52k▲
Financial income75/76B-€562
Recurring financial income75-€562
Financial charges65/66B€1k€861▼
Recurring financial charges65€1k€861▼
Profit (loss) for the period before taxes9903€16k€51k▲
Income taxes67/77€6k€14k▲
Profit (loss) for the period9904€10k€37k▲
Profit (loss) for the period to be appropriated9905€10k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€37k▲
Profit (loss) brought forward from the previous period14P-€8
Transfer to equity691/2€9k€33k▲
To other reserves6921€9k€33k▲
Profit to be distributed694/7€859€4k▲
Return on contributions (dividend)694€859€859=
Directors or managers695-€3k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €37k ▲288%
Operating result €52k, net result €37k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 5.52
Current ratio from 2.44 to 5.52; short-term debt falls from €14k to €6k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brugelette · 1 establishment unit since 2010
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.
Le Patard(M) 67942 BrugeletteGround area
1,081 m²
Building footprint
223 m²
Volume, LiDAR
1,035 m³
Parcel 51043A0200/00L000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Le Patard(M) 6, 7942 Brugelette
since 20102.186.856.090
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51043A0200/00L000 | Wallonia | 1,081 m² | 1 · 223 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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TEP GROUPE
BE 0877.068.951
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MAC FASHION
BE 0680.590.996
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La Renaissance de Eve Lingerie
BE 0742.856.682
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DWDM
BE 1009.627.468
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Of 6,498 companies in sector 47716 we hold annual accounts for 2,440. 1,879 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2010
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.