Losses
-€524,337 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
SummitCo
Lifetime
2 annual accounts with figures on one time axispeak €15,718 (2025)
€15,718▲ €127,004
lowest -€272,975 (2024)
-€251,362▲ €21,613
peak €13.2m (2024)
€13.1m▼ 0.7%
€3.5m▲ 6.7%
peak 0 FTE (2024)
0 FTE
Board3 names since 2024
3 directorsMANEFIN and 2 others
Owners
60.04%Down2Earth Capital II
Documentsfilings and deeds
05-06-202656 days before the deadline
2025abbreviated format
Gross margin from -€111,285 to €15,718Loss of €251,362Capital increase of €11,000 04-08Amendment of the articles 24-01Investments €156,000Cash from €36,399 to €87,754
Key points
from the 2025 annual accountsInvestments
€6,000 9.9 × depreciation
Green is investment, beige is depreciation.
Position in the sector
-€251,362
Lower net result than 95% of companies in financial services. Sector median €51,427 · 6,707 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
56 days early
2024
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 45 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Down2Earth Capital II 59.99%equity €49.3m (2026) · 31-03-2026 annual accounts of Down2Earth Capital II
Shares in 1 company, CYCLOBILITY
Board & ownershipRecent changes
Registered office moved within Kluisbergen
New registered office: Oudenaardebaan 2, 9690 Kluisbergen · Previous registered office: Kerkstraat 14, 9690 Kluisbergen · Board meeting of 15-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1008905116
Capital increase of €11,000
10,000 new shares · General meeting of 25-07-2025 · Gazette deed
Amendment of the articles
Issue of 150,000 shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SummitCo Kluisbergen | €16.7m | €15,718 | 78.7% | 0 |
| CICERO INVEST Forest | €14.1m | €38,077 | 8.6% | 0 |
| Zilverwerf Holding Turnhout | €7.6m | €19,751 | 99.0% | 0.1 |
| UNI4SE Waimes | €19.6m | €13,972 | 63.3% | 0 |
| MACH 6 Saint-Ghislain | €19.5m | €18,999 | 56.9% | 0.9 |
| Chez Albert & Friends Bruges | €8.7m | €36,701 | 21.0% | 0 |
| BRAINBRIDGE INVEST Antwerp | €7.7m | €18,471 | 97.6% | 0 |
These companies have the same main activity as SummitCo: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €7.6m and €20m, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 29-04-2024Normal situation
- Activity
- Activities of holding companiesNACE 64210and 1 other
- Establishment unit
- 2.359.671.6869690 Kluisbergen, since 29-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-10-2025
Annual accounts 2025
- €16.7m▲ 0.8%
- Filing
- Filed on 05-06-2026, 56 days before the end of the filing period
Insights on SummitCo
SummitCo is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €13.1m and a net result of -€251,362.
Its solvency ranks better than 75% of 6,708 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 SummitCo
- What is the company number of SummitCo?
- The company number of SummitCo is 1008.905.116. The VAT number is the same number with BE in front: BE 1008.905.116.
- Where is SummitCo based?
- The registered office is at Oudenaardebaan 2, 9690 Kluisbergen.Company details
- What does SummitCo do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of SummitCo?
- SummitCo is a private limited company (BV).
- When was SummitCo founded?
- SummitCo was founded on 29-04-2024.
- Is SummitCo still active?
- Yes, SummitCo is an active enterprise in the KBO register.
- What is the turnover of SummitCo?
- The turnover in financial year 2025 is ≈ €77,000. This figure is estimated from the gross margin of €15,718 and 54 comparable companies (NACE 64210). It probably lies between €39,000 and €130,000. It is a rough estimate.Financials
- Is SummitCo profitable?
- In financial year 2025, SummitCo made a loss of €251,362.
- Where can I find the annual accounts of SummitCo?
- SummitCo filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SummitCo due?
- SummitCo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.Down2Earth Capital II · 50 companies See what changed in the latest annual accounts.What changed
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