SULTAN EEKLO
ActiveSummary
The computed 12-month bankruptcy probability of SULTAN EEKLO is 3.0% (moderate). The 2026 annual accounts show negative equity (-€6,258) and a net result of €217. Equity is shrinking by about 23% per year across the filed financial years. Its solvency ranks better than 8% of 460 sector peers (NACE 47, financial year 2026). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Financials · financial year 2026, micro format
2024 to 2026, 3 financial years
The operating result returns to profit in 2026: €264 after a loss of €2,956 in 2025, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 516 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 91.7% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit under 5% of the balance sheet
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 516 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | €1,084 | €825 | ▼ 23.9% |
| Gross operating margin9900 | -€4,330 | -€1,872 | €1,088 | - |
| Operating profit (loss)9901 | -€4,330 | -€2,956 | €264 | - |
| Financial income75/76B | - | €2 | €0 | ▼ 100% |
| Recurring financial income75 | - | €2 | €0 | ▼ 100% |
| Financial charges65/66B | €40 | €152 | €47 | ▼ 69.4% |
| Recurring financial charges65 | €40 | €152 | €47 | ▼ 69.4% |
| Profit (loss) for the period before taxes9903 | -€4,370 | -€3,105 | €217 | - |
| Profit (loss) for the period9904 | -€4,370 | -€3,105 | €217 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,370 | -€3,105 | €217 | - |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1,559 | €1,894 | €4,648 | ▲ 145% |
| Current assets29/58 | €1,559 | €1,894 | €4,648 | ▲ 145% |
| Amounts receivable within one year40/41 | €1,353 | €1,603 | €108 | ▼ 93.2% |
| Other amounts receivable41 | €1,353 | €1,603 | €108 | ▼ 93.2% |
| Cash at bank and in hand54/58 | €206 | €292 | €4,540 | ▲ 16× |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1,559 | €1,894 | €4,648 | ▲ 145% |
| Equity10/15 | -€3,370 | -€6,475 | -€6,258 | ▲ 3.4% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€4,370 | -€7,475 | -€7,258 | ▲ 2.9% |
| Amounts payable17/49 | €4,929 | €8,370 | €10,907 | ▲ 30.3% |
| Amounts payable within one year42/48 | €4,929 | €8,370 | €10,907 | ▲ 30.3% |
| Trade debts44 | €3,575 | €12 | €1,728 | ▲ 150× |
| Suppliers440/4 | €3,575 | €12 | €1,728 | ▲ 150× |
| Taxes, remuneration and social security45 | - | - | €221 | - |
| Taxes450/3 | - | - | €221 | - |
| Other amounts payable47/48 | €1,354 | €8,358 | €8,958 | ▲ 7.2% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,370 | -€3,105 | €217 | - |
| Operating cash flow (approximation) | -€4,370 | -€3,105 | €217 | - |
| Change in cash | - | €85 | €4,248 | ▲ 50× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 08-09-2026 | 2026-00509742 |
| 31-03-2025 | micro format | 09-09-2025 | 2025-00488621 |
| 31-03-2024 | micro format | 12-09-2024 | 2024-00460961 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.