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SUN & BEAR SOLUTIONS

Open bankruptcy
Private limited company (pre-2019)founded 2019Léo Erreralaan 55, 1180 Ukkel, BelgiumKBO/BCE: BE 0718.895.704

A bankruptcy procedure is open for SUN & BEAR SOLUTIONS according to publications in the Belgian State Gazette; curator: CHARLES DUMONT DE CHASSART.

Summary

The 2023 annual accounts show equity of €31,487 and a net result of -€7,019.

SUN & BEAR SOLUTIONSOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
17 February 2025
Supervising judge
Baudouin Deschamps
Official Gazette
21-02-2025 (pdf) ↗search the document for 2025/107621

Deadlines

Appeal or third-party opposition until
passed on 8 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 19 March 2025art. XX.104 and XX.155 CEL
First verification report
passed on 26 March 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 17 February 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-06-2024, 33 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
33 d early
2022
28 d late
2021
5 d late
2020
38 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 10 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

SUN & BEAR SOLUTIONS was incorporated on 18 January 2019.1 Total assets fell from EUR 46,114 in 2020 to EUR 36,352 in 2023.2 On 17 February 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2023
  3. 3Belgian State Gazette, 21-02-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
€31,487▼ 18.2%
2022 · €38,506
Total assets
€36,352▼ 13.9%
2022 · €42,209
Net result
-€7,019
2022 · €4,670
Working capital
€20,742▼ 5.7%
2022 · €22,004
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2020202120222023
Operating result€30,295-€5,471▼ 81.9%€4,670▼ 14.6%-€6,940
Net result€22,210-€5,426▼ 75.6%€4,670▼ 13.9%-€7,019
Equity€28,410-€33,836▲ 19.1%€38,506▲ 13.8%€31,487▼ 18.2%
Total assets€46,114-€45,136▼ 2.1%€42,209▼ 6.5%€36,352▼ 13.9%
Debt€17,705-€11,300▼ 36.2%€3,703▼ 67.2%€4,865▲ 31.4%
Working capital€10,707-€18,235▲ 70.3%€22,004▲ 20.7%€20,742▼ 5.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2020: €30,295€30,295Net result 2020: €22,210€22,210Operating result 2021: €5,471€5,471Net result 2021: €5,426€5,426Operating result 2022: €4,670€4,670Net result 2022: €4,670€4,670Operating result 2023: -€6,940-€6,940Net result 2023: -€7,019-€7,0192020202120222023-€10,000-€5,000€0€5,000Operating result 2021: €5,471€5,470Net result 2021: €5,426€5,430Operating result 2022: €4,670€4,670Net result 2022: €4,670€4,670Operating result 2023: -€6,940-€6,940Net result 2023: -€7,019-€7,020202120222023
The operating result turns negative in 2023: a loss of €6,940 after €4,670 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €36,352
Fixed assets €10,745 ▼ 34.9%
Current assets €25,607 ▼ 0.4%
Equity and liabilities €36,352
Equity €31,487 ▼ 18.2%
Debt €4,865 ▲ 31.4%
Debt's share of the balance-sheet total rises from 8.8% to 13.4%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€1,183▼
2022 · €10,193
Cash flow
-€1,262▼
2022 · €10,193
Current ratio
5.26▼
2022 · 6.94
Debt to equity
0.15▲
2022 · 0.10
ROE
-22.3%▼
2022 · 12.1%
ROA
-19.3%▼
2022 · 11.1%
Interest coverage
-15.07
Debt ≤ 1 year
€4,865▲
2022 · €3,703
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 31 lines
Balance sheet Code20222023
Assets
Total assets20/58€42,209€36,352▼
Fixed assets21/28€16,502€10,745▼
Tangible fixed assets22/27€16,502€10,745▼
Furniture and vehicles24€16,502€10,745▼
Current assets29/58€25,708€25,607▼
Amounts receivable within one year40/41€25,706€25,605▼
Trade receivables40€484€484=
Other amounts receivable41€25,222€25,121▼
Cash at bank and in hand54/58€2€2▲
Equity and liabilities
Total equity and liabilities10/49€42,209€36,352▼
Equity10/15€38,506€31,487▼
Contributions10/11€6,200€6,200=
Capital10€6,200€6,200=
Issued capital100€18,600€18,600=
Uncalled capital101€12,400€12,400=
Profit (loss) carried forward14€32,306€25,287▼
Amounts payable17/49€3,703€4,865▲
Amounts payable within one year42/48€3,703€4,865▲
Trade debts44€1,041€2,203▲
Suppliers440/4€1,041€2,203▲
Other amounts payable47/48€2,662€2,662=
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,523€5,757▲
Gross operating margin9900€10,193-€1,183▼
Operating profit (loss)9901€4,670-€6,940▼
Financial charges65/66B-€78
Recurring financial charges65-€78
Profit (loss) for the period before taxes9903€4,670-€7,019▼
Profit (loss) for the period9904€4,670-€7,019▼
Profit (loss) for the period to be appropriated9905€4,670-€7,019▼
Appropriation of the result
Profit (loss) to be appropriated9906€32,306€25,287▼
Profit (loss) brought forward from the previous period14P€27,636€32,306▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,215€4,317€5,523€5,757▲ 4.2%
Gross operating margin9900€32,205€9,788€10,193-€1,183▼ 112%
Operating profit (loss)9901€30,295€5,471€4,670-€6,940▼ 249%
Recurring financial income75€55----
Financial charges65/66B-€45-€78-
Recurring financial charges65€176€45-€78-
Profit (loss) for the period before taxes9903€30,174€5,426€4,670-€7,019▼ 250%
Income taxes67/77€7,964----
Profit (loss) for the period9904€22,210€5,426€4,670-€7,019▼ 250%
Profit (loss) for the period to be appropriated9905€22,210€5,426€4,670-€7,019▼ 250%
Line2020202120222023Change
Assets
Total assets20/58€46,114€45,136€42,209€36,352▼ 13.9%
Fixed assets21/28€17,703€15,600€16,502€10,745▼ 34.9%
Tangible fixed assets22/27€17,703€15,600€16,502€10,745▼ 34.9%
Furniture and vehicles24-€15,600€16,502€10,745▼ 34.9%
Current assets29/58€28,411€29,536€25,708€25,607▼ 0.4%
Amounts receivable within one year40/41€24,993€18,535€25,706€25,605▼ 0.4%
Trade receivables40-€484€484€484=
Other amounts receivable41-€18,051€25,222€25,121▼ 0.4%
Cash at bank and in hand54/58€3,418€11,000€2€2▲ 11.9%
Equity and liabilities
Total equity and liabilities10/49€46,114€45,136€42,209€36,352▼ 13.9%
Equity10/15€28,410€33,836€38,506€31,487▼ 18.2%
Contributions10/11€6,200€6,200€6,200€6,200=
Capital10-€6,200€6,200€6,200=
Issued capital100-€18,600€18,600€18,600=
Uncalled capital101-€12,400€12,400€12,400=
Profit (loss) carried forward14€22,210€27,636€32,306€25,287▼ 21.7%
Amounts payable17/49€17,705€11,300€3,703€4,865▲ 31.4%
Amounts payable within one year42/48€17,705€11,300€3,703€4,865▲ 31.4%
Trade debts44€7,079€674€1,041€2,203▲ 112%
Suppliers440/4-€674€1,041€2,203▲ 112%
Taxes, remuneration and social security45-€7,964---
Taxes450/3-€7,964---
Other amounts payable47/48-€2,662€2,662€2,662=
Line2020202120222023Change
Profit (loss) for the period9904€22,210€5,426€4,670-€7,019▼ 250%
+ Depreciation and write-downs630€1,215€4,317€5,523€5,757▲ 4.2%
Operating cash flow (approximation)€23,425€9,743€10,193-€1,262▼ 112%
Investment in fixed assets (approximation)--€2,214-€6,424€0▲ 100%
Change in cash-€7,582-€10,998€0▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
21-02
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 17-02-2025
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€7,019
Net result drops to -€7,019, the lowest in the series.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Liquidity triplescurrent ratio 6.94
Current ratio from 2.61 to 6.94; short-term debt falls from €11,300 to €3,703.
05-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
07-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Ukkel · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
3,188 m²
Building footprint
168 m²
Volume, LiDAR
1,391 m³
2 parcels, Brussels · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
SUN & BEAR SOLUTIONS
François Bekaertstraat 15, 1160 OudergemAgents in non-specialised wholesale trade
since 20192.285.200.333
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21618B0298/00R004 Brussels 3,071 m² 1 · 119 m² 10.6 m · 3 fl.
21332E0015/00B013 Brussels 117 m² 1 · 49 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHARLES DUMONT DE CHASSART
RUE AUX LAINES 67-70, 1000 BRUXELLES
17-02-2025 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded18-01-2019
Fiscal year end31-12
Abbreviation FR SBS
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.