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SUN HOTEL

Active
Public limited companyfounded 2000active for 26 yearsHerdersstraat 38, 1050 Elsene, BelgiumKBO/BCE: BE 0472.126.615
Summary

The computed 12-month bankruptcy probability of SUN HOTEL is 2.6% (moderate). The 2024 annual accounts show equity of €254,063 and a net result of -€37,727. Equity is shrinking by about 5.5% per year across the filed financial years. Its solvency ranks better than 75% of 1,835 sector peers (NACE 55, financial year 2024). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Hotels and similar accommodation
NACE 55100
1 site
Size
€475,437total assets 2024
Equity
€254,063
Loss
-€37,727
Financial health
51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.6%
Structure
Parent
NEW EUROPEAN TRADE · 99.99%
Accounts 82 days overdue0 of 3 deeds read
Why 51raises riskFigures for financial year 2024 (filed 01-10-2025)Liquidity: current ratio 1.34, cash €3881 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 latelowers riskFounded in 2000Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (NACE 55, micro)
Financial strength · tick = 2023
Weak
Solvency 78-8
equity 53.4% of total assets
Liquidity 35-6
short-term debt 34.2% · cash 0.1%
Profitability 9-75
return on assets -7.9%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,514 companies, NACE 55, micro)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.9%▲ +0.2 percentage points vs 08-2025 10-2025: 1.5%▲ +0.6 percentage points vs 09-2025 11-2025: 1.3%▼ -0.2 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.2%▼ -0.1 percentage points vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.6 percentage points vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026 10-2026: 2.6%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €12,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.34, compared with 1.69 in 2023, below the usual 1.5; short-term debt: 34.2% and cash: 0.1% of total assets), and 46.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro): better than 73% on solvency, 31% on liquidity, 15% on profitability and 28% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 01-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.34, cash €388
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
26 days late
2022
29 days late
2021
29 days late
2020
55 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 48 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Back to profitnet €59,263

Key points

  • Caution: From profit to loss in 2024after €59,263 in 2023 -€37,727 View
  • Caution: Among the weakest 15% on net resultsector median €1,746 · 1,835 companies -€37,727 View
  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View
  • Controlled by NEW EUROPEAN TRADEknown shareholders 100% 99.99% View

By topic

Financials

Financial year
2024
Total assets
€475,437
Loss
-€37,727
Solvency
53.4%
Total assets▼ 0.7%
Net result
20182024
Go to Financials

Timeline

Events
29
Since
2001
  1. 29-08-2023Annual accounts filed
  2. 31-12-2022Liquidity more than doubled
  3. 29-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Hotels and similar accommodationNACE 55100
Founded
16-06-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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