SUGAR MATSON
ActiveSummary
The computed 12-month bankruptcy probability of SUGAR MATSON is 2.4% (moderate). The 2025 annual accounts show equity of €158,254 and a net result of €56,005. Equity is growing by ~47.9% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 6.7 against 5.17 in 2024; short-term debt: 7% and cash: 45.3% of total assets), and 7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
93%
Return on assets
32.9%
Age of the figures
9 mo
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 30-03-2026, 123 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
123 d early
2024
4 d late
2023
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 47 days before 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 (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 10 July (3 of the last 3 filed years within 102 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€158,254▲ 54.8%
2024 · €102,249
Total assets
€170,235▲ 33.9%
2024 · €127,149
Net result
€56,005▲ 28.5%
2024 · €43,579
Working capital
€68,254▼ 33.4%
2024 · €102,553
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
Line202320242025
Operating result€71,961-€55,504▼ 22.9%€70,805▲ 27.6%
Net result€56,987-€43,579▼ 23.5%€56,005▲ 28.5%
Equity€60,387-€102,249▲ 69.3%€158,254▲ 54.8%
Total assets€83,609-€127,149▲ 52.1%€170,235▲ 33.9%
Debt€23,221-€24,901▲ 7.2%€11,981▼ 51.9%
Working capital€60,387-€102,553▲ 69.8%€68,254▼ 33.4%
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 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €170,235
Fixed assets
€90,000
Current assets
€80,235
Equity and liabilities €170,235
Equity
€158,254 ▲ 54.8%
Debt
€11,981 ▼ 51.9%
Debt's share of the balance-sheet total falls from 19.6% to 7.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
6.70▲
2024 · 5.17
Debt to equity
0.08▼
2024 · 0.24
ROE
35.4%▼
2024 · 42.6%
ROA
32.9%▼
2024 · 34.3%
Debt ≤ 1 year
€11,981▼
2024 · €24,596
Income taxes
€14,727▲
2024 · €11,854
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €1,128 | €817 | €585 | ▼ 28.3% |
| Gross operating margin9900 | €73,089 | €56,321 | €71,390 | ▲ 26.8% |
| Operating profit (loss)9901 | €71,961 | €55,504 | €70,805 | ▲ 27.6% |
| Financial charges65/66B | €47 | €71 | €72 | ▲ 1.7% |
| Recurring financial charges65 | €47 | €71 | €72 | ▲ 1.7% |
| Profit (loss) for the period before taxes9903 | €71,914 | €55,433 | €70,732 | ▲ 27.6% |
| Income taxes67/77 | €14,927 | €11,854 | €14,727 | ▲ 24.2% |
| Profit (loss) for the period9904 | €56,987 | €43,579 | €56,005 | ▲ 28.5% |
| Profit (loss) for the period to be appropriated9905 | €56,987 | €43,579 | €56,005 | ▲ 28.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €83,609 | €127,149 | €170,235 | ▲ 33.9% |
| Fixed assets21/28 | - | - | €90,000 | - |
| Financial fixed assets28 | - | - | €90,000 | - |
| Current assets29/58 | €83,609 | €127,149 | €80,235 | ▼ 36.9% |
| Cash at bank and in hand54/58 | €83,281 | €125,197 | €77,182 | ▼ 38.4% |
| Deferred charges and accrued income490/1 | €328 | €1,952 | €3,053 | ▲ 56.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €83,609 | €127,149 | €170,235 | ▲ 33.9% |
| Equity10/15 | €60,387 | €102,249 | €158,254 | ▲ 54.8% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €55,387 | €97,249 | €153,254 | ▲ 57.6% |
| Distributable reserves133 | €55,387 | €97,249 | €153,254 | ▲ 57.6% |
| Amounts payable17/49 | €23,221 | €24,901 | €11,981 | ▼ 51.9% |
| Amounts payable within one year42/48 | €23,221 | €24,596 | €11,981 | ▼ 51.3% |
| Trade debts44 | €1,073 | €4,944 | €685 | ▼ 86.2% |
| Suppliers440/4 | €1,073 | €4,944 | €685 | ▼ 86.2% |
| Taxes, remuneration and social security45 | €14,927 | €11,854 | €8,727 | ▼ 26.4% |
| Taxes450/3 | €14,927 | €11,854 | €8,727 | ▼ 26.4% |
| Other amounts payable47/48 | €7,221 | €7,798 | €2,569 | ▼ 67.1% |
| Accrued charges and deferred income492/3 | - | €304 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,987 | €43,579 | €56,005 | ▲ 28.5% |
| Operating cash flow (approximation) | €56,987 | €43,579 | €56,005 | ▲ 28.5% |
| Change in cash | - | €41,916 | -€48,015 | ▼ 215% |
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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150,000Eq €158,254 ▲54.8%
3 profitable years in a row build equity to €158,254.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Weakest financial yearnet €43,579 ▼23.5%
Net result drops to €43,579, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €102,249 ▲69.3%
2 profitable years in a row build equity to €102,249.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Antwerpen · 1 establishment unit since 2023
Ground area
183 m²
Building footprint
75 m²
Volume, LiDAR
614 m³
Parcel 11313B0900/00N003, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SUGAR MATSON
since 20232.342.922.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11313B0900/00N003 | Flanders | 183 m² | 1 · 74 m² | 9.6 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
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
25%
According to the 2025 annual accounts of SUGAR MATSON 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
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded23-02-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0798779360
Also
9925:BE0798779360
Registered
19-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.