Sun Eco
ActiveSun Eco has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.57M and a net result of €1.35M. Equity is growing by ~89.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €460k at 30 days acceptable
Liquidity ample (current ratio 4.2 against 7.14 in 2024; short-term debt: 23.6% and cash: 31.3% of total assets), and 23.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.4%
Return on assets
18.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
45 d late
2024
28 d early
2023
15 d early
2022
29 d late
2021
30 d early
2020
47 d early
2019
141 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.57M▼ 24.0%
2024 · €7.33M
2018: €96k
2019: €298k
2020: €974k
2021: €1.23M
2022: €2.69M
2023: €6.53M
2024: €7.33M
2018 → 2025
Total assets
€7.29M▼ 15.2%
2024 · €8.60M
2018: €278k
2019: €476k
2020: €1.58M
2021: €1.92M
2022: €7.83M
2023: €8.54M
2024: €8.60M
2018 → 2025
Net result
€1.35M▲ 68.5%
2024 · €801k
2018: €89k
2019: €202k
2020: €676k
2021: €257k
2022: €1.46M
2023: €3.84M
2024: €801k
2018 → 2025
Working capital
€5.50M▼ 24.8%
2024 · €7.32M
2018: €96k
2019: €298k
2020: €974k
2021: €1.23M
2022: €5.05M
2023: €6.63M
2024: €7.32M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.23M-€2.69M▲ 118%€6.53M▲ 143%€7.33M▲ 12.3%€5.57M▼ 24.0%
Operating result€366k-€2.06M▲ 464%€5.06M▲ 145%€979k▼ 80.6%€1.76M▲ 79.7%
Net result€257k-€1.46M▲ 466%€3.84M▲ 164%€801k▼ 79.1%€1.35M▲ 68.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 80% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.29M
Fixed assets
€71k▼ 17.5%
Current assets
€7.22M▼ 15.2%
Equity and liabilities €7.29M
Equity
€5.57M▼ 24.0%
Debt
€1.72M▲ 35.8%
The debt ratio rises from 14.7% to 23.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.79M▲
2024 · €1.00M
Cash flow
€1.38M▲
2024 · €825k
Solvency
76.4%▼
2024 · 85.3%
Current ratio
4.20▼
2024 · 7.14
Quick ratio
3.28▼
2024 · 5.73
Debt / equity
0.31▲
2024 · 0.17
ROE
24.2%▲
2024 · 10.9%
ROA
18.5%▲
2024 · 9.3%
Interest coverage
102.64▲
2024 · 54.24
Debt
€1.72M▲
2024 · €1.27M
Debt ≤ 1 year
€1.72M▲
2024 · €1.19M
Debt > 1 year
€0▼
2024 · €60k
Income taxes
€467k▲
2024 · €278k
Staff costs
€939k▼
2024 · €974k
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 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.60M€7.29M▼
Fixed assets21/28€86k€71k▼
Intangible fixed assets21€13k€8k▼
Tangible fixed assets22/27€64k€54k▼
Plant, machinery and equipment23€8k€9k▲
Furniture and vehicles24€38k€32k▼
Other tangible fixed assets26€17k€13k▼
Financial fixed assets28€10k€10k=
Current assets29/58€8.51M€7.22M▼
Stocks and contracts in progress3€1.68M€1.59M▼
Stocks30/36€1.68M€1.59M▼
Amounts receivable within one year40/41€880k€728k▼
Trade receivables40€317k€688k▲
Other amounts receivable41€563k€40k▼
Current investments50/53€4.02M€2.45M▼
Cash at bank and in hand54/58€1.77M€2.28M▲
Deferred charges and accrued income490/1€153k€161k▲
Equity and liabilities
Total equity and liabilities10/49€8.60M€7.29M▼
Equity10/15€7.33M€5.57M▼
Contributions10/11€6k€19k▲
Reserves13€7.33M€5.55M▼
Distributable reserves133€7.33M€5.55M▼
Profit (loss) carried forward14-€0
Amounts payable17/49€1.27M€1.72M▲
Amounts payable after more than one year17€60k€0▼
Financial debts170/4€60k€0▼
Amounts payable within one year42/48€1.19M€1.72M▲
Current portion of amounts payable after more than one year42€63k€60k▼
Financial debts43€3k€0▼
Credit institutions430/8€3k€0▼
Trade debts44€858k€443k▼
Suppliers440/4€858k€443k▼
Taxes, remuneration and social security45€266k€339k▲
Taxes450/3€84k€173k▲
Remuneration and social security454/9€182k€166k▼
Other amounts payable47/48€2k€875k▲
Accrued charges and deferred income492/3€14k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€974k€939k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€32k▲
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A€957€0▼
Gross operating margin9900€1.98M€2.74M▲
Operating profit (loss)9901€979k€1.76M▲
Financial income75/76B€118k€75k▼
Recurring financial income75€118k€75k▼
Financial charges65/66B€18k€17k▼
Recurring financial charges65€18k€17k▼
Profit (loss) for the period before taxes9903€1.08M€1.82M▲
Income taxes67/77€278k€467k▲
Profit (loss) for the period9904€801k€1.35M▲
Profit (loss) for the period to be appropriated9905€801k€1.35M▲
Appropriation of the result
Profit (loss) to be appropriated9906€801k€1.35M▲
Transfer from equity791/2-€3.13M
Transfer to equity691/2€801k€1.35M▲
To other reserves6921€801k€1.35M▲
Profit to be distributed694/7-€3.13M
Return on contributions (dividend)694-€3.13M
Social balance
Average headcount (FTE)908711.710.2▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 45 days late
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €3.84M ▲164%
Operating result €5.06M, net result €3.84M, both a record.
31-12
Financial
Equity above €5MEq €6.53M ▲143%
6 profitable years in a row build equity to €6.53M.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Equity above €2MEq €2.69M ▲118%
5 profitable years in a row build equity to €2.69M.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.23M ▲26.4%
4 profitable years in a row build equity to €1.23M.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €974k ▲227%
3 profitable years in a row build equity to €974k.
12-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €298k ▲211%
2 profitable years in a row build equity to €298k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herentals · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Laagland(HRT) 102200 HerentalsGround area
6,304 m²
Building footprint
3,481 m²
Volume, LiDAR
15,008 m³
2 parcels, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Sun Eco
since 20212.321.999.658
Sun Eco
since 20262.384.345.122
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0446/00Z000 | Flanders | 5,245 m² | 1 · 3,465 m² | 7.6 m · 1 fl. |
| 44072E0513/00L000 | Flanders | 1,060 m² | 1 · 16 m² | 6.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 262 companies in sector 27110 we hold annual accounts for 173. 63 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2017
Fiscal year end31-12
Activities, NACEBEL
27110Manufacture of electrical equipment
47529Retail trade
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.