Sud-Réa
ActiveSummary
Sud-Réa has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255k and a net result of €24k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 8.18 against 4.13 in 2024; short-term debt: 8.5% and cash: 26.5% of total assets), and 9.8% 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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
90.2%
Return on assets
8.4%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-02-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
17 d late
2024
1 d early
2023
on the day
2022
on the day
2021
8 d late
2020
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€255k▲ 10.2%
2024 · €231k
2020: €83k
2021: €119k
2022: €195k
2023: €203k
2024: €231k
2020 → 2025
Total assets
€282k▼ 1.7%
2024 · €287k
2020: €230k
2021: €224k
2022: €289k
2023: €338k
2024: €287k
2020 → 2025
Net result
€24k▼ 16.6%
2024 · €28k
2020: €79k
2021: €37k
2022: €77k
2023: €8k
2024: €28k
2020 → 2025
Working capital
€172k▲ 32.1%
2024 · €130k
2020: €18k
2021: €56k
2022: €137k
2023: €112k
2024: €130k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€195k▲ 63.8%€203k▲ 3.9%€231k▲ 14.0%€255k▲ 10.2%
Operating result€146k-€195k▲ 33.4%€117k▼ 40.1%€116k▼ 0.9%€141k▲ 21.8%
Net result€37k-€77k▲ 107%€8k▼ 90.2%€28k▲ 274%€24k▼ 16.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €282k
Fixed assets
€86k ▼ 25.2%
Current assets
€196k ▲ 14.0%
Equity and liabilities €282k
Equity
€255k ▲ 10.2%
Debt
€28k ▼ 50.7%
Debt's share of the balance-sheet total falls from 19.5% to 9.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€171k▲
2024 · €147k
Cash flow
€54k▼
2024 · €59k
Current ratio
8.18▲
2024 · 4.13
Debt to equity
0.11▼
2024 · 0.24
ROE
9.3%▼
2024 · 12.2%
ROA
8.4%▼
2024 · 9.9%
Interest coverage
1.63▼
2024 · 1.93
Debt ≤ 1 year
€24k▼
2024 · €42k
Debt > 1 year
€4k▼
2024 · €14k
Income taxes
€15k▼
2024 · €18k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€287k€282k▼
Fixed assets21/28€115k€86k▼
Intangible fixed assets21€50k€39k▼
Tangible fixed assets22/27€65k€46k▼
Furniture and vehicles24€64k€45k▼
Other tangible fixed assets26€1k€1k▼
Current assets29/58€172k€196k▲
Amounts receivable within one year40/41€39k€47k▲
Other amounts receivable41€39k€47k▲
Current investments50/53€46k€46k▼
Cash at bank and in hand54/58€80k€75k▼
Deferred charges and accrued income490/1€7k€28k▲
Equity and liabilities
Total equity and liabilities10/49€287k€282k▼
Equity10/15€231k€255k▲
Contributions10/11€5k€5k=
Reserves13€226k€250k▲
Non-distributable reserves130/1€226k€250k▲
Reserves not available under the articles1311€226k€250k▲
Amounts payable17/49€56k€28k▼
Amounts payable after more than one year17€14k€4k▼
Financial debts170/4€14k€4k▼
Amounts payable within one year42/48€42k€24k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€21k€4k▼
Taxes450/3€18k-
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€800-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€30k▼
Other operating charges640/8€408€7k▲
Gross operating margin9900€147k€178k▲
Operating profit (loss)9901€116k€141k▲
Financial income75/76B€7k€3k▼
Recurring financial income75€7k€3k▼
Financial charges65/66B€76k€105k▲
Recurring financial charges65€76k€105k▲
Profit (loss) for the period before taxes9903€46k€39k▼
Income taxes67/77€18k€15k▼
Profit (loss) for the period9904€28k€24k▼
Profit (loss) for the period to be appropriated9905€28k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€24k▼
Transfer to equity691/2€28k€24k▼
To other reserves6921€28k€24k▼
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
Next filing, fiscal year 2026, expected by
2026
17-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 4.13
Current ratio from 2.02 to 4.13; short-term debt falls from €110k to €42k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €8k ▼90.2%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €200kEq €203k ▲3.9%
4 profitable years in a row build equity to €203k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €195k ▲63.8%
3 profitable years in a row build equity to €195k.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
30-06
Financial
Equity above €100kEq €119k ▲43.7%
2 profitable years in a row build equity to €119k.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2019
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.
Louizalaan 3491050 ElseneGround area
968 m²
Building footprint
388 m²
Volume, LiDAR
13,202 m³
Parcel 21807G0217/00G002, Brussels · tallest building 39.1 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
Sud-Réa
since 20192.289.246.025
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0217/00G002 ProtectedMonumentTweede zetel van de Gestapo |
Brussels | 968 m² | 1 · 388 m² | 39.1 m · 12 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
254900RQ97RLIJXSTU27
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Dr. Ingrid Monsieur
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CABINET MEDICAL ORTHOPEDEUS
BE 0675.407.337
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Clinique de la Vision Charleroi
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Of 16,627 companies in sector 86220 we hold annual accounts for 7,974. 6,671 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
Founded15-05-2019
Fiscal year end30-06
Activities, NACEBEL 2025
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.