SUMMIT VENTURES

Dissolution or liquidation

Private limited companyfounded 2022Da Vincilaan 1, 1930 Zaventem, BelgiumKBO/BCE: BE 0785.457.302

The KBO register records for SUMMIT VENTURES the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show equity of €4.19M and a net result of €17k.

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Checked score

Score 2025

1 / 100

Critical

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2025

Profitability2▲+2

Solvency34▼-66

Growth52=

Stability34

Credit verdict

No credit on open account

Liquidity tight (current ratio 1.28), and 78.9% of the assets are financed with debt.

How do we compute this score?

Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: dissolution or liquidation (code 012). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

1 d early

2025

6 d late

2024

168 d late

2024

on the day

2022

14 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€4.19M▼ 74.9%

2025 · €16.67M

2022: €55k 2024: €1.54M 2024: €17.07M 2025: €16.67M

2022 → 2025

Total assets

€19.85M▼ 16.2%

2025 · €23.70M

2022: €74k 2024: €1.82M 2024: €24.05M 2025: €23.70M

2022 → 2025

Net result

€17k

2025 · €-406k

2022: €50k 2024: €1.48M 2024: €15.53M 2025: €-406k

2022 → 2025

Working capital

€4.32M▼ 74.4%

2025 · €16.89M

2022: €54k 2024: €1.35M 2024: €16.80M 2025: €16.89M

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20222024202420252025Trend

Equity€55k-€1.54M▲ 2,684%€17.07M▲ 1,009%€16.67M▼ 2.4%€4.19M▼ 74.9%

Operating result€66k-€1.87M▲ 2,735%€22.48M▲ 1,099%€-567k€-7k▲ 98.8%

Net result€50k-€1.48M▲ 2,851%€15.53M▲ 947%€-406k€17k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €7k in 2025 against €567k in 2025; the loss shrinks.

Balance-sheet composition

2025 in colour, 2025 as the grey bar beneath

Assets €19.85M

100.0%

Fixed assets €4k▼ 1.4%

Current assets €19.85M▼ 16.2%

Equity and liabilities €19.85M

21.1%

78.2%

Equity €4.19M▼ 74.9%

Provisions €136k▼ 41.2%

Debt €15.53M▲ 128%

The debt ratio rises from 28.7% to 78.2%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2025

EBITDA

€-7k▲

2025 · €-564k

Cash flow

€17k▲

2025 · €-403k

Solvency

21.1%▼

2025 · 70.3%

Current ratio

1.28▼

2025 · 3.48

Quick ratio

1.28▼

2025 · 3.48

Debt / equity

3.71▲

2025 · 0.41

ROE

0.4%▲

2025 · -2.4%

ROA

0.1%▲

2025 · -1.7%

Interest coverage

1.66▲

2025 · -1.18

Debt

€15.53M▲

2025 · €6.80M

Debt ≤ 1 year

€15.53M▲

2025 · €6.80M

Income taxes

€0▼

2025 · €122

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2025

Balance sheet Code20252025

Assets

Total assets20/58€23.70M€19.85M▼

Fixed assets21/28€4k€4k▼

Intangible fixed assets21€0-

Tangible fixed assets22/27€4k€4k▼

Furniture and vehicles24€4k€4k▼

Current assets29/58€23.69M€19.85M▼

Amounts receivable within one year40/41€3.74M€3.78M▲

Trade receivables40€3.59M€3.59M=

Other amounts receivable41€147k€189k▲

Current investments50/53€18.87M€15.62M▼

Cash at bank and in hand54/58€960k€439k▼

Deferred charges and accrued income490/1€131k€16k▼

Equity and liabilities

Total equity and liabilities10/49€23.70M€19.85M▼

Equity10/15€16.67M€4.19M▼

Contributions10/11€5k€5k=

Reserves13€17.02M€17.02M=

Distributable reserves133€17.02M€17.02M=

Profit (loss) carried forward14€-356k€-339k▲

Advance to shareholders on the distribution of net assets19-€12.50M

Provisions and deferred taxes16€231k€136k▼

Provisions for liabilities and charges160/5€231k€136k▼

Other liabilities and charges164/5€231k€136k▼

Amounts payable17/49€6.80M€15.53M▲

Amounts payable within one year42/48€6.80M€15.53M▲

Financial debts43€0-

Credit institutions430/8€0-

Trade debts44€57k€159k▲

Suppliers440/4€57k€159k▲

Taxes, remuneration and social security45€6.74M€6.74M=

Taxes450/3€6.74M€6.74M=

Other amounts payable47/48-€8.63M

Income statement Code20252025

Non-recurring operating income76A€19k€95k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€54▼

Other operating charges640/8€400€0▼

Non-recurring operating charges66A€517k€0▼

Gross operating margin9900€-46k€-7k▲

Operating profit (loss)9901€-567k€-7k▲

Financial income75/76B€636k€20k▼

Recurring financial income75€636k€20k▼

Financial charges65/66B€476k€-4k▼

Recurring financial charges65€476k€-4k▼

Profit (loss) for the period before taxes9903€-406k€17k▲

Income taxes67/77€122€0▼

Profit (loss) for the period9904€-406k€17k▲

Profit (loss) for the period to be appropriated9905€-406k€17k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-406k€-339k▲

Profit (loss) brought forward from the previous period14P-€-356k

Transfer from equity791/2€50k€0▼

Transfer to equity691/2€0-

To other reserves6921€0-

Social balance

Average headcount (FTE)90870.00.0=

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 5Filings 5

2026

30-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

29-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 6 days late

15-01

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 168 days late

2025

31-12

Financial Back to profitnet €17k

Net result €17k after one loss-making year.

23-12

Financial Weakest financial yearnet €-406k ▼103%

Net result drops to €-406k, the lowest in the series; recovery starts the following year.

31-01

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Highest result since 2022net €15.53M ▲947%

Operating result €22.48M, net result €15.53M, both a record.

31-12

Financial Equity above €10MEq €17.07M ▲1009%

3 profitable years in a row build equity to €17.07M.

30-06

Financial Equity above €1MEq €1.54M ▲2684%

2 profitable years in a row build equity to €1.54M.

2023

17-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 4 acts read

About the unread acts

We know of 4 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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