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SULTAN

Active Private limited companyfounded 2005active for 21 yearsKoerselsesteenweg 164, 3582 BeringenKBO/BCE: BE 0873.157.574

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €14,551 (2024)
€12,097▼ 16.9%
lowest -€21,535 (2007)
€5,758▼ 29.1%
peak €12,013 (2006)
-€4,558▲ €5,758
€46,441▼ 17.1%
peak 0.3 FTE (2006)
-not published
Board3 names since 2017
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €14,551 to €12,097Result from €8,123 to €5,758Equity from -€10,316 to -€4,558Debts from €56,000 to €46,441

Key points

from the 2025 annual accounts

Equity

-€4,558
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€46,441 111% of the balance sheet
Suppliers 0%Taxes and wages 1%Other 99%

Board

1 joined · 1 left

Board changed. Latest change 14-03-2026 · 1 in office.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,795 companies had the same profile as SULTAN has now. Each dot stands for 10 companies, two years later.

91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,795 companies, not a prediction for SULTAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • deed of 09-06-2026
  • deed of 09-06-2026
Board & ownership

Recent changes

Resignation: (director) Appointment: (director) · is a shareholder · is a shareholder · General meeting of 14-03-2026 · Gazette deed
Appointment: (director) General meeting of 07-12-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0873157574
Registered office moved from Heusden-Zolder to Beringen New registered office: Koerselsesteenweg 164-3582 Beringen · Previous registered office: Stationsstraat 113 bus 1, 3550 Heusden-Zolder, België · General meeting of 15-03-2022 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
SULTAN Beringen €41,884 €12,097 -10.9% -
BEEREN Lummen €47,490 €13,880 54.0% -
PRESSING VITASEC Charleroi €37,769 €13,441 26.5% -
BLUE WASH Gembloux €39,775 €8,060 77.8% -
AZUR & CO Woluwe-Saint-Lambert €40,392 €10,312 16.4% -
AVS-WASSHOP Vorselaar €56,698 €14,006 -34.7% -
CRIAS Verviers €52,633 €16,974 53.4% -

These companies have the same main activity as SULTAN: launderettes and laundries for private customers (NACE 96102). They are comparable in size and age: total assets between €37,800 and €56,700, founded between 2000 and 2007.

Official details

Source: KBO
Status
Active since 13-04-2005Normal situation
Activity
Launderettes and laundries for private customersNACE 96102
Establishment unit
2.147.149.1413582 Beringen, since 13-04-2005
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

≈ €73,000estimated
€41,884▼ 8.3%
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on SULTAN

SULTAN files the micro format. That format states no turnover. The gross margin rose from €655 in 2006 to €12,097 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SULTAN

What is the company number of SULTAN?
The company number of SULTAN is 0873.157.574. The VAT number is the same number with BE in front: BE 0873.157.574.
Where is SULTAN based?
The registered office is at Koerselsesteenweg 164, 3582 Beringen.Company details
What does SULTAN do?
According to the KBO register, the main activity is launderettes and laundries for private customers (NACE 96102).
What is the legal form of SULTAN?
SULTAN is a private limited company (BV).
When was SULTAN founded?
SULTAN was founded on 13-04-2005.
Is SULTAN still active?
Yes, SULTAN is an active enterprise in the KBO register.
What is the turnover of SULTAN?
The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €12,097 and 177 comparable companies (NACE 96). It probably lies between €39,000 and €150,000. It is a rough estimate.Financials
Is SULTAN profitable?
In financial year 2025, SULTAN made a profit of €5,758.
Where can I find the annual accounts of SULTAN?
SULTAN filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SULTAN due?
SULTAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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