Skip to content

SUN EQUIPMENTS

Active
Public limited companyfounded 198342 yrs activeTervurenlaan 80, 1040 Etterbeek, BelgiumKBO/BCE: BE 0425.163.668
Summary

The annual accounts of SUN EQUIPMENTS for fiscal year 2025 show a net loss of 53% of total assets. The 2025 annual accounts show equity of €48,805 and a net result of -€27,317. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1127 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999NACE 28755
#8 oldest company in Etterbeek, Manufacturing sector1 site
Size
€51,100total assets 2025
Equity
€48,805
Loss
-€27,317
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Accounts 56 d early0 of 6 deeds read
Why 56Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €27,317, the second in a row (FY 2025)- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Liquidity: current ratio 22.27, cash €51,100+ Equity €48,805 (95.5% of total assets)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 51% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 95.5% of total assets
Liquidity 100=
short-term debt 4.5% · cash 100.0%
Profitability 0=
return on assets -53.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,670 companies)
Last 16 months 07-2025: 0.1%lowest value 08-2025: 0.2%▲ +189% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.1%▼ -14.2% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +0.7% vs 03-2026 05-2026: 0.1%▲ +4.3% vs 04-2026 06-2026: 0.1%▼ -2.1% vs 05-2026 07-2026: 0.2%▲ +54.5% vs 06-2026highest value 08-2026: 0.2%● 0.0% vs 07-2026highest value 09-2026: 0.2%● 0.0% vs 08-2026highest value 10-2026: 0.2%● 0.0% vs 09-2026highest value
  • Loss of €27,317, the second in a row (FY 2025) raises the probability
  • Liquidity: current ratio 22.27, cash €51,100 lowers the probability
  • Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
  • Equity €48,805 (95.5% of total assets) lowers the probability
Credit up to €2,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 22.27 against 39.27 in 2024; short-term debt: 4.5% and cash: 100% of total assets), and 4.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 90%, liquidity 98%, profitability 4%, growth against the median 11%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €27,317, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 22.27, cash €51,100
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Equity €48,805 (95.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€27,317
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 · 10 filings
Deviation from the deadline
2025
56 d early
2024
27 d early
2023
42 d early
2022
81 d early
2021
26 d early
2020
31 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 20 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€27,317
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: 6 loss-making years in a rowloss fiscal year 2025 -€27,317 View
  • Caution: Among the weakest 12% on net resultsector median €45,024 · 1,127 companies -€27,317 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€51,100
Loss
-€27,317
Solvency
95.5%
Total assets▼ 34.6%
Net result
20202025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 05-06-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 04-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25999
Founded
22-12-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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