Summary
SUELO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11.6m and a net result of €700,624. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 2451 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 d early
2024
73 d early
2023
48 d early
2022
47 d early
2021
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 52 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 14 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Equity
€11.6m▲ 6.4%
2024 · €10.9m
Net result
€700,624▼ 0.2%
2024 · €702,303
Total assets
€13.0m▲ 0.1%
2024 · €13.0m
Solvency
89.4%▲ 5.3pp
2024 · 84.2%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€25,000-€25,000=€25,000=€25,000=€25,000=
Operating result€16,683-€19,988▲ 19.8%€17,845▼ 10.7%€19,496▲ 9.2%€13,135▼ 32.6%
Net result€1.9mabove the sector's middle half-€674,254within the sector's middle half▼ 63.6%€696,282within the sector's middle half▲ 3.3%€702,303within the sector's middle half▲ 0.9%€700,624within the sector's middle half▼ 0.2%
Equity€8.9mwithin the sector's middle half-€9.5mwithin the sector's middle half▲ 7.6%€10.2mwithin the sector's middle half▲ 7.3%€10.9mwithin the sector's middle half▲ 6.9%€11.6mwithin the sector's middle half▲ 6.4%
Total assets€12.8mwithin the sector's middle half-€12.9mwithin the sector's middle half▲ 1.4%€13.0mwithin the sector's middle half▲ 0.2%€13.0mwithin the sector's middle half▲ 0.2%€13.0mwithin the sector's middle half▲ 0.1%
Debt€3.9m-€3.4m▼ 12.8%€2.7m▼ 19.8%€2.1m▼ 24.7%€1.4m▼ 33.2%
Working capital-€485,254within the sector's middle half--€481,915within the sector's middle half▲ 0.7%-€461,000within the sector's middle half▲ 4.3%-€438,645within the sector's middle half▲ 4.8%-€422,530within the sector's middle half▲ 3.7%
Solvency69.4%within the sector's middle half-73.7%within the sector's middle half▲ 4.3pp78.9%within the sector's middle half▲ 5.2pp84.2%within the sector's middle half▲ 5.2pp89.4%above the sector's middle half▲ 5.3pp
Current ratio0.03below the sector's middle half-0.28below the sector's middle half▲ 0.250.32below the sector's middle half▲ 0.030.36within the sector's middle half▲ 0.040.38within the sector's middle half▲ 0.03
Return on assets (ROA)14.5%above the sector's middle half-5.2%within the sector's middle half▼ 9.3pp5.4%within the sector's middle half▲ 0.2pp5.4%within the sector's middle half=5.4%within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.0m
Fixed assets
€12.7m =
Current assets
€262,376 ▲ 7.9%
Equity and liabilities €13.0m
Equity
€11.6m ▲ 6.4%
Debt
€1.4m ▼ 33.2%
Debt's share of the balance-sheet total falls from 15.8% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
6.0%▼
2024 · 6.4%
Debt ≤ 1 year
€684,906▲
2024 · €681,915
Debt > 1 year
€689,101▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €25,090 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Turnover70 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Other operating income74 | €91 | €0 | - | - | - | - |
| Operating charges60/66A | €8,407 | €5,012 | €7,154 | €5,504 | €11,865 | ▲ 116% |
| Services and other goods61 | €8,407 | €3,019 | €6,063 | €5,364 | €9,699 | ▲ 80.8% |
| Other operating charges640/8 | - | €1,993 | €1,092 | €141 | €2,166 | ▲ 1,441% |
| Operating profit (loss)9901 | €16,683 | €19,988 | €17,845 | €19,496 | €13,135 | ▼ 32.6% |
| Financial income75/76B | €1.9m | €680,000 | €700,000 | €700,000 | €700,000 | = |
| Recurring financial income75 | €1.9m | €680,000 | €700,000 | €700,000 | €700,000 | = |
| Income from financial fixed assets750 | €1.9m | €680,000 | €700,000 | €700,000 | €700,000 | = |
| Financial charges65/66B | €39,660 | €25,734 | €21,564 | €17,193 | €12,511 | ▼ 27.2% |
| Recurring financial charges65 | €39,660 | €25,734 | €21,564 | €17,193 | €12,511 | ▼ 27.2% |
| Debt charges650 | €29,265 | €25,261 | €21,065 | €16,614 | €12,033 | ▼ 27.6% |
| Other financial charges652/9 | €10,395 | €473 | €499 | €579 | €478 | ▼ 17.4% |
| Profit (loss) for the period before taxes9903 | €1.9m | €674,254 | €696,282 | €702,303 | €700,624 | ▼ 0.2% |
| Income taxes67/77 | €358 | €0 | - | - | - | - |
| Taxes670/3 | €358 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €1.9m | €674,254 | €696,282 | €702,303 | €700,624 | ▼ 0.2% |
| Profit (loss) for the period to be appropriated9905 | €1.9m | €674,254 | €696,282 | €702,303 | €700,624 | ▼ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.8m | €12.9m | €13.0m | €13.0m | €13.0m | ▲ 0.1% |
| Fixed assets21/28 | €12.7m | €12.7m | €12.7m | €12.7m | €12.7m | = |
| Financial fixed assets28 | €12.7m | €12.7m | €12.7m | €12.7m | €12.7m | = |
| Affiliated companies280/1 | €12.7m | €12.7m | €12.7m | €12.7m | €12.7m | = |
| Participating interests280 | €12.7m | €12.7m | €12.7m | €12.7m | €12.7m | = |
| Current assets29/58 | €17,105 | €190,506 | €214,936 | €243,270 | €262,376 | ▲ 7.9% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | - | €26 | €177,521 | €177,521 | €175,000 | ▼ 1.4% |
| Trade receivables40 | - | - | €2,521 | €2,521 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €26 | €175,000 | €175,000 | €175,000 | = |
| Cash at bank and in hand54/58 | €17,105 | €190,480 | €37,415 | €65,749 | €87,376 | ▲ 32.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.8m | €12.9m | €13.0m | €13.0m | €13.0m | ▲ 0.1% |
| Equity10/15 | €8.9m | €9.5m | €10.2m | €10.9m | €11.6m | ▲ 6.4% |
| Contributions10/11 | €7.0m | €7.0m | €7.0m | €7.0m | €7.0m | = |
| Reserves13 | - | €2.5m | €3.2m | €3.9m | €4.6m | ▲ 17.9% |
| Distributable reserves133 | - | €2.5m | €3.2m | €3.9m | €4.6m | ▲ 17.9% |
| Profit (loss) carried forward14 | €1.9m | €0 | - | - | - | - |
| Amounts payable17/49 | €3.9m | €3.4m | €2.7m | €2.1m | €1.4m | ▼ 33.2% |
| Amounts payable after more than one year17 | €3.4m | €2.7m | €2.1m | €1.4m | €689,101 | ▼ 49.8% |
| Financial debts170/4 | €3.4m | €2.7m | €2.1m | €1.4m | €689,101 | ▼ 49.8% |
| Credit institutions173 | €3.4m | €2.7m | €2.1m | €1.4m | €689,101 | ▼ 49.8% |
| Amounts payable within one year42/48 | €502,358 | €672,422 | €675,936 | €681,915 | €684,906 | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | €500,159 | €670,916 | €675,367 | €679,948 | €684,509 | ▲ 0.7% |
| Trade debts44 | €1,073 | €847 | €0 | €1,552 | €0 | ▼ 100% |
| Suppliers440/4 | €1,073 | €847 | €0 | €1,552 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €1,126 | €658 | €569 | €416 | €397 | ▼ 4.6% |
| Taxes450/3 | €1,126 | €658 | €569 | €416 | €397 | ▼ 4.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.9m | €674,254 | €696,282 | €702,303 | €700,624 | ▼ 0.2% |
| Operating cash flow (approximation) | €1.9m | €674,254 | €696,282 | €702,303 | €700,624 | ▼ 0.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €173,375 | -€153,065 | €28,335 | €21,627 | ▼ 23.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
State Gazette act
MiscellaneousCapital increase · Bank account4 facts ▸
State Gazette act
Miscellaneous
Capital increase · Bank account4 facts ▸
- General meeting, 22-05-2027
- Capital increase, €400.000
- Bank account, (…), 400000
- Other statement, vaststelling verwezenlijking bijkomende inbreng, definitief en volgestort
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €10mEq €10.2m ▲7.3%
3 profitable years in a row build equity to €10.2m.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €674,254 ▼63.6%
Net result drops to €674,254, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2020
Ground area
2.4 ha
Building footprint
6,465 m²
Volume, LiDAR
48,322 m³
Parcel 44051C0583/00Y000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
Antwerpsesteenweg 1068, 9041 Gent
since 20202.316.087.905
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051C0583/00Y000 | Flanders | 2.4 ha | 1 · 6,465 m² | 10.2 m · 3 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.
Structure & network
Part of the group
BUILDMAT
13 companies
Group, risk and exposure
Owners and holdings
1 owner · 1 holdingChain of control
- SJW CONSULTING
- BUILDMAT
- SUELO
Highest known parent: SJW CONSULTING. The sources do not say who stands above it.
Owners 1
- BUILDMATparentSourceaccounts BUILDMAT 202565%
Holdings 1
-
100%
According to the 2025 annual accounts of SUELO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Capital and shareholders
Capital over the years
- 08-06-2026 Capital increase of 400,000 EUR · no new shares · in cash
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Of 24,721 companies in sector 64210 we hold annual accounts for 19,799. 5,641 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759749728
Also
9925:BE0759749728
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.