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Sun Life

Active
Private limited companyfounded 201610 yrs activeRue de Beaumont(THL) 152 B, 6536 Thuin, BelgiumKBO/BCE: BE 0657.834.994
Summary

Sun Life has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€58,881) and a net result of -€3,669. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 5053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisWatch ReportCompare
Sun LifeActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Day spas, saunas and steam baths
NACE 96230NACE 96040
1 site
Size
€15,959total assets 2025
Equity
-€58,881
Loss
-€3,669
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
1.1%
Structure
Accounts filed 25 d late0 of 2 deeds read
Why 53Capped at 59: negative equity- Loss of €3,669, the second in a row (FY 2025)- Negative equity -€58,881+ Size: total assets €15,959+ Figures for FY 2025 (filed 25-08-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 15% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -369.0% of total assets
Liquidity 11+2
short-term debt 469.0% · cash 9.2%
Profitability 0-69
return on assets -23.0%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,525 companies)
Last 19 months 04-2025: 0.9% 05-2025: 0.9%▼ -1.6% vs 04-2025 06-2025: 0.9%▼ -3.1% vs 05-2025 07-2025: 1.0%▲ +14.0% vs 06-2025 08-2025: 0.9%▼ -14.8% vs 07-2025 09-2025: 0.9%● 0.0% vs 08-2025 10-2025: 0.9%● 0.0% vs 09-2025 11-2025: 0.9%▼ -0.7% vs 10-2025 12-2025: 0.8%▼ -4.0% vs 11-2025 01-2026: 0.8%▼ -1.1% vs 12-2025lowest value 02-2026: 0.8%● 0.0% vs 01-2026lowest value 03-2026: 0.9%▲ +3.5% vs 02-2026 04-2026: 0.9%▲ +5.1% vs 03-2026 05-2026: 0.9%▼ -2.9% vs 04-2026 06-2026: 0.8%▼ -3.1% vs 05-2026 07-2026: 0.9%▲ +5.9% vs 06-2026 08-2026: 1.4%▲ +57.6% vs 07-2026highest value 09-2026: 1.1%▼ -19.9% vs 08-2026 10-2026: 1.1%● 0.0% vs 09-2026
  • Size: total assets €15,959 lowers the probability for this profile
  • Loss of €3,669, the second in a row (FY 2025) raises the probability
  • Negative equity -€58,881 raises the probability
  • Figures for FY 2025 (filed 25-08-2026) lowers the probability
No credit on open account
Liquidity short (current ratio 0.18 against 0.11 in 2024; short-term debt: 469% and cash: 9.2% of total assets), and equity is negative.
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 96, micro). Better than this share of them on solvency 11%, liquidity 11%, profitability 8%, growth against the median 32%. 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.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €15,959
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €3,669, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity -€58,881
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 25-08-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€58,881
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 9 filings
Deviation from the deadline
2025
25 d late
2024
on the day
2023
on the day
2022
21 d late
2021
29 d late
2020
27 d late
2019
31 d late
← 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 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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 21 August (5 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 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€58,881 View
  • Caution: Among the weakest 7% on solvencysector median 27.8% · 5,053 companies -369.0% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€3,669 View

By topic

Financials

Fiscal year
2025
Total assets
€15,959
Loss
-€3,669
Solvency
-369.0%
Total assets▼ 29.8%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2018
Next accounts
by 31-07-2027
  1. 25-08-2026Annual accounts filed
  2. 31-07-2025Annual accounts filed
  3. 31-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
29-06-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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