SUMINVENT
ActiveSummary
SUMINVENT has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €136k and a net result of €-51k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 993 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability35▼-45
Solvency32▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 0.95 in 2023; short-term debt: 28.4% and cash: 7.1% of total assets), and 92.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7.3%
Return on assets
-2.7%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 993 sector peers (2024).
NBB · sector comparisonPosition among 993 sector peers
Solvency
better than 11%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-02-2026, 195 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
195 d late
2023
76 d late
2022
31 d late
2021
101 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€136k▼ 27.1%
2023 · €187k
2018: €48klowest in 7 years
2019: €65k▲ +33.6% vs 2018
2020: €87k▲ +34.2% vs 2019
2021: €57k▼ -34.0% vs 2020
2022: €83k▲ +44.4% vs 2021
2023: €187k▲ +126% vs 2022highest in 7 years
2024: €136k▼ -27.1% vs 2023
2018 → 2024
Total assets
€1.87M▲ 61.9%
2023 · €1.16M
2018: €80klowest in 7 years
2019: €90k▲ +11.6% vs 2018
2020: €189k▲ +110% vs 2019
2021: €811k▲ +330% vs 2020
2022: €1.29M▲ +59.5% vs 2021
2023: €1.16M▼ -10.6% vs 2022
2024: €1.87M▲ +61.9% vs 2023highest in 7 years
2018 → 2024
Net result
€-51k
2023 · €104k
2018: €5k
2019: €16k▲ +205% vs 2018
2020: €22k▲ +36.0% vs 2019
2021: €-30k▼ -233% vs 2020
2022: €126k▲ +526% vs 2021highest in 7 years
2023: €104k▼ -17.3% vs 2022
2024: €-51k▼ -149% vs 2023lowest in 7 years
2018 → 2024
Working capital
€127k
2023 · €-33k
2018: €48k
2019: €63k▲ +32.4% vs 2018
2020: €84k▲ +33.0% vs 2019
2021: €-18k▼ -122% vs 2020
2022: €-14k▲ +25.0% vs 2021
2023: €-33k▼ -144% vs 2022lowest in 7 years
2024: €127k▲ +479% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€57k▼ 34.0%€83k▲ 44.4%€187k▲ 126%€136k▼ 27.1%
2020: €87k
2021: €57k▼ -34.0% vs 2020lowest in 5 years
2022: €83k▲ +44.4% vs 2021
2023: €187k▲ +126% vs 2022highest in 5 years
2024: €136k▼ -27.1% vs 2023
Operating result€25k-€-20k€164k€152k▼ 7.3%€-6k
2020: €25k
2021: €-20k▼ -180% vs 2020lowest in 5 years
2022: €164k▲ +909% vs 2021highest in 5 years
2023: €152k▼ -7.3% vs 2022
2024: €-6k▼ -104% vs 2023
Net result€22k-€-30k€126k€104k▼ 17.3%€-51k
2020: €22k
2021: €-30k▼ -233% vs 2020
2022: €126k▲ +526% vs 2021highest in 5 years
2023: €104k▼ -17.3% vs 2022
2024: €-51k▼ -149% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6k after €152k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.87M
Fixed assets
€1.21M ▲ 145%
Current assets
€658k ▼ 0.3%
Equity and liabilities €1.87M
Equity
€136k ▼ 27.1%
Debt
€1.74M ▲ 79.1%
Debt's share of the balance-sheet total rises from 83.8% to 92.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€107k▼
2023 · €229k
Cash flow
€63k▼
2023 · €181k
Current ratio
1.24▲
2023 · 0.95
Quick ratio
0.79▲
2023 · 0.61
Debt to equity
12.75▲
2023 · 5.19
ROE
-37.2%▼
2023 · 55.7%
ROA
-2.7%▼
2023 · 9.0%
Interest coverage
2.41▼
2023 · 13.51
Debt ≤ 1 year
€531k▼
2023 · €693k
Debt > 1 year
€1.20M▲
2023 · €274k
Income taxes
€0▼
2023 · €31k
Staff costs
€204k▲
2023 · €153k
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 · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.16M€1.87M▲
Fixed assets21/28€496k€1.21M▲
Intangible fixed assets21€429k€376k▼
Tangible fixed assets22/27€67k€838k▲
Land and buildings22-€793k
Plant, machinery and equipment23€52k€37k▼
Furniture and vehicles24€15k€8k▼
Current assets29/58€660k€658k▼
Stocks and contracts in progress3€236k€236k=
Stocks30/36€236k€236k=
Amounts receivable within one year40/41€311k€285k▼
Trade receivables40€307k€157k▼
Other amounts receivable41€4k€128k▲
Cash at bank and in hand54/58€110k€133k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.87M▲
Equity10/15€187k€136k▼
Contributions10/11€75k€75k=
Reserves13€112k€61k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€112k€61k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€969k€1.74M▲
Amounts payable after more than one year17€274k€1.20M▲
Financial debts170/4€274k€1.20M▲
Amounts payable within one year42/48€693k€531k▼
Current portion of amounts payable after more than one year42€174k€120k▼
Financial debts43€71k€132k▲
Credit institutions430/8€71k€132k▲
Trade debts44€151k€192k▲
Suppliers440/4€151k€192k▲
Taxes, remuneration and social security45€64k€87k▲
Taxes450/3€30k€48k▲
Remuneration and social security454/9€34k€38k▲
Other amounts payable47/48€234k€0▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€153k€204k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€114k▲
Other operating charges640/8€937€4k▲
Gross operating margin9900€383k€315k▼
Operating profit (loss)9901€152k€-6k▼
Financial income75/76B€4€317▲
Recurring financial income75€4€317▲
Financial charges65/66B€17k€45k▲
Recurring financial charges65€17k€45k▲
Profit (loss) for the period before taxes9903€135k€-51k▼
Income taxes67/77€31k€0▼
Profit (loss) for the period9904€104k€-51k▼
Profit (loss) for the period to be appropriated9905€104k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€-51k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€51k
Transfer to equity691/2€104k€0▼
To other reserves6921€104k€0▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90873.63.9▲
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €68k | €97k | €153k | €204k | ▲ 33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €19k | €74k | €77k | €114k | ▲ 48.2% |
| Other operating charges640/8 | - | €915 | €989 | €937 | €4k | ▲ 339% |
| Gross operating margin9900 | €30k | €67k | €336k | €383k | €315k | ▼ 17.6% |
| Operating profit (loss)9901 | €25k | €-20k | €164k | €152k | €-6k | ▼ 104% |
| Financial income75/76B | - | €1k | €240 | €4 | €317 | ▲ 8,964% |
| Recurring financial income75 | €79 | €1k | €240 | €4 | €317 | ▲ 8,964% |
| Financial charges65/66B | - | €10k | €38k | €17k | €45k | ▲ 164% |
| Recurring financial charges65 | €657 | €10k | €38k | €17k | €45k | ▲ 164% |
| Profit (loss) for the period before taxes9903 | €25k | €-29k | €126k | €135k | €-51k | ▼ 137% |
| Income taxes67/77 | €3k | €113 | €79 | €31k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €22k | €-30k | €126k | €104k | €-51k | ▼ 149% |
| Profit (loss) for the period to be appropriated9905 | €22k | €-30k | €126k | €104k | €-51k | ▼ 149% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €189k | €811k | €1.29M | €1.16M | €1.87M | ▲ 61.9% |
| Fixed assets21/28 | €15k | €604k | €546k | €496k | €1.21M | ▲ 145% |
| Intangible fixed assets21 | - | €509k | €458k | €429k | €376k | ▼ 12.5% |
| Tangible fixed assets22/27 | €15k | €95k | €88k | €67k | €838k | ▲ 1,150% |
| Land and buildings22 | - | - | - | - | €793k | - |
| Plant, machinery and equipment23 | - | €70k | €67k | €52k | €37k | ▼ 28.6% |
| Furniture and vehicles24 | - | €24k | €21k | €15k | €8k | ▼ 44.4% |
| Current assets29/58 | €174k | €207k | €747k | €660k | €658k | ▼ 0.3% |
| Stocks and contracts in progress3 | €13k | €121k | €203k | €236k | €236k | = |
| Stocks30/36 | - | €121k | €203k | €236k | €236k | = |
| Amounts receivable within one year40/41 | €102k | €61k | €451k | €311k | €285k | ▼ 8.1% |
| Trade receivables40 | - | €59k | €416k | €307k | €157k | ▼ 48.8% |
| Other amounts receivable41 | - | €2k | €35k | €4k | €128k | ▲ 3,093% |
| Cash at bank and in hand54/58 | €57k | €23k | €90k | €110k | €133k | ▲ 20.5% |
| Deferred charges and accrued income490/1 | - | €2k | €3k | €3k | €4k | ▲ 22.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €189k | €811k | €1.29M | €1.16M | €1.87M | ▲ 61.9% |
| Equity10/15 | €87k | €57k | €83k | €187k | €136k | ▼ 27.1% |
| Contributions10/11 | - | €75k | €75k | €75k | €75k | = |
| Reserves13 | €12k | €7k | €8k | €112k | €61k | ▼ 45.3% |
| Non-distributable reserves130/1 | - | €7k | €7k | €0 | - | - |
| Reserves not available under the articles1311 | - | €7k | €7k | €0 | - | - |
| Distributable reserves133 | - | - | €242 | €112k | €61k | ▼ 45.3% |
| Profit (loss) carried forward14 | €-34k | €-25k | - | €0 | - | - |
| Amounts payable17/49 | €102k | €754k | €1.21M | €969k | €1.74M | ▲ 79.1% |
| Amounts payable after more than one year17 | €12k | €528k | €448k | €274k | €1.20M | ▲ 338% |
| Financial debts170/4 | - | €528k | €448k | €274k | €1.20M | ▲ 338% |
| Amounts payable within one year42/48 | €90k | €225k | €761k | €693k | €531k | ▼ 23.4% |
| Current portion of amounts payable after more than one year42 | - | €83k | €80k | €174k | €120k | ▼ 30.7% |
| Financial debts43 | - | - | €102k | €71k | €132k | ▲ 84.3% |
| Credit institutions430/8 | - | - | €102k | €71k | €132k | ▲ 84.3% |
| Trade debts44 | €73k | €79k | €330k | €151k | €192k | ▲ 27.7% |
| Suppliers440/4 | - | €79k | €330k | €151k | €192k | ▲ 27.7% |
| Taxes, remuneration and social security45 | - | €20k | €53k | €64k | €87k | ▲ 36.0% |
| Taxes450/3 | - | €3k | €39k | €30k | €48k | ▲ 59.8% |
| Remuneration and social security454/9 | - | €17k | €15k | €34k | €38k | ▲ 14.5% |
| Other amounts payable47/48 | - | €44k | €195k | €234k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €2k | €2k | €3k | ▲ 58.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €-30k | €126k | €104k | €-51k | ▼ 149% |
| + Depreciation and write-downs630 | €4k | €19k | €74k | €77k | €114k | ▲ 48.2% |
| Operating cash flow (approximation) | €26k | €-11k | €200k | €181k | €63k | ▼ 65.1% |
| Investment in fixed assets (approximation) | - | €-608k | €-17k | €-27k | €-832k | ▼ 2,954% |
| Change in cash | - | €-34k | €67k | €20k | €23k | ▲ 13.5% |
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
2026
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 195 days late
2024
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 76 days late
2023
31-12
Financial
Equity above €150kEq €187k ▲126%
2 profitable years in a row build equity to €187k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €126k
Net result €126k after one loss-making year.
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 101 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Ieper · 1 establishment unit since 1992
Ground area
3.3 ha
Building footprint
9,494 m²
Volume, LiDAR
100,626 m³
Parcel 33003B0873/00E000, Flanders · tallest building 15.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bargiestraat 9, 8900 Ieper
since 19922.058.668.810
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003B0873/00E000 | Flanders | 3.3 ha | 1 · 9,494 m² | 15.2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 2,856 EUR awarded · 2,672 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,378 EUR | 1,363 EUR |
| 2023 | 1 | 1,478 EUR | 1,309 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 863 companies in sector 95100 we hold annual accounts for 265. 204 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
Founded21-08-1992
Fiscal year end31-12
Activities, NACEBEL 2025
33140Repair and maintenance of electrical equipment
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.