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SUD-FRESH

Active
Public limited companyfounded 2010active for 15 yearsRue du Kiell - AUBANGE 3, 6790 Aubange, BelgiumKBO/BCE: BE 0830.634.061
Summary

The computed 12-month bankruptcy probability of SUD-FRESH is 2.4% (moderate). The annual accounts of SUD-FRESH for financial year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €234,826 and a net result of -€380,732. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 9% of 1,063 sector peers (NACE 49, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
#1 employer in Aubange2 sites
Size
€21.6mturnover 2025
Staff
142.1 FTE
Equity
€234,826
Loss
-€380,732
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Parent
Vision - Action · 100%
Holdings
1
Auditor: J. MARKO - Réviseur d'EntrepriseAccounts filed 35 days late2 of 11 deeds read
Why 51raises riskLiquidity: current ratio 0.35, cash €110,067Sector: Land transport and transport via pipelines (NACE 49)Equity €234,826 (2.0% of total assets)Latest accounts 35 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 26% of its sector peers (NACE 49, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 27-6
equity 2.0% of total assets
Liquidity 24+8
short-term debt 53.2% · cash 0.9%
Profitability 41-7
return on assets -3.2%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (274 companies, NACE 49, medium-sized)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 0.9%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.9%● unchanged vs 02-2025lowest value 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▼ -0.1 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.0%▼ -0.1 percentage points vs 01-2026 03-2026: 1.1%▲ +0.1 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.7 percentage points vs 07-2026 09-2026: 2.3%▲ +0.4 percentage points vs 08-2026 10-2026: 2.4%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €11,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.35, compared with 0.33 in 2024; short-term debt: 53.2% and cash: 0.9% of total assets), and 98% of the assets are financed with debt.
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 49, medium-sized): better than 8% on solvency, 28% on liquidity, 19% on profitability and 49% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
+raises risk○neutral
raises risk · Liquidity: current ratio 0.35, cash €110,067
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Equity €234,826 (2.0% of total assets)
NBB · annual accounts
raises risk · Latest accounts 35 days late; 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1063 sector peers (2025).
NBB · sector comparison
Position among 1063 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
35 days late
2024
8 days early
2023
1 day early
2022
14 days early
2021
30 days late
2020
36 days early
2019
14 days early
← 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 1 day before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 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 · full…
  2. Appointment: J. MARKO - Réviseur d'Entreprise…Gazette deed
  3. Resignation: Grégory SKUPIEWSKI (director)Director discharge

Key points

  • Caution: From profit to loss in 2025after €110,954 in 2024 -€380,732 View
  • Caution: Among the weakest 7% on net resultsector median €51,256 · 1,063 companies -€380,732 View
  • Positive: 5 years of growth in a rowturnover 2025: €21.6m 5 years View
  • Controlled by Vision - Actionitself parent of 1 companies 100% View
  • A director leftlatest change 23-01-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2025
Turnover
€21.6m
Loss
-€380,732
Solvency
2.0%
Turnover▲ 20.4%
Net result
20202025
Go to Financials

Timeline

Events
23
Since
2012
Next accounts
by 31-07-2027
  1. 23-07-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
26-10-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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