Financials
- Financial year
- 2024
- Total assets
- €145,897
- Loss
- -€12,371
- Solvency
- 45.9%
Total assets▼ 7.2%
Net result
20182024
SUMMER QUINN
ActiveSummary
The computed 12-month bankruptcy probability of SUMMER QUINN is 2.0% (moderate). The 2024 annual accounts show equity of €67,008 and a net result of -€12,371. Equity is shrinking by about 12% per year across the filed financial years. The company has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€145,897total assets 2024
- Equity
- €67,008
- Loss
- -€12,371
Turnover not published (abbreviated format)
Structure
2025 accounts not filed, 90 days past the deadline4 deeds in the Belgian Official Gazette
Why 52raises riskFigures for financial year 2024 (filed 14-06-2025)Liquidity: current ratio 0.00, cash €12lowers riskSize: total assets €145,897Founded in 1983Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency
71-4
equity 45.9% of total assets
Liquidity
22-3
short-term debt 54.1% · cash 0.0%
Profitability
8-1
return on assets -8.5%
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025lowest value
08-2025: 0.5%● unchanged vs 07-2025lowest value
09-2025: 0.5%● unchanged vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.5%● unchanged vs 10-2025lowest value
12-2025: 0.5%● unchanged vs 11-2025lowest value
01-2026: 0.5%● unchanged vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026lowest value
04-2026: 0.5%● unchanged vs 03-2026lowest value
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.5 percentage points vs 07-2026
09-2026: 1.1%▲ +0.1 percentage points vs 08-2026
10-2026: 2.0%▲ +0.9 percentage points vs 09-2026highest value
Credit of up to €3,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.0, compared with 0.0 in 2023, below 1; short-term debt: 54.1% and cash: 0% of total assets), and 54.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 42% on solvency, 13% on liquidity, 11% on profitability and 20% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€12,371
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline29-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
50 days early
2023
23 days early
2022
48 days early
2021
26 days early
2020
79 days early
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 40 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
- Annual accounts filedfinancial year 2022 · abbreviated…
Key points
By topic
Timeline
- Events
- 43
- Since
- 1984
- 05-07-2022Annual accounts filed
- 13-05-2021Annual accounts filed
- 15-07-2020Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 07-03-1983
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Key facts about SUMMER QUINN
- What is the company number of SUMMER QUINN?
- 0423.823.880. In Belgium the VAT number is the company number with BE in front: BE 0423.823.880.
- Where is SUMMER QUINN based?
- The registered office is at Nieuwpoortlaan 9, 8660 De Panne.Company details
- What is the legal form of SUMMER QUINN?
- Private limited company (pre-2019) (BVBA).
- When was SUMMER QUINN founded?
- On 07-03-1983.
- Is SUMMER QUINN still active?
- Yes, SUMMER QUINN is an active enterprise in the KBO register.
- What is the turnover of SUMMER QUINN?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is SUMMER QUINN profitable?
- In financial year 2024, SUMMER QUINN made a loss of €12,371.
- Where can I find the annual accounts of SUMMER QUINN?
- SUMMER QUINN filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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