Turnover
≈ €170,000 estimated
The micro format states no turnover.
SUN TIMES
Lifetime
18 annual accounts with figures on one time axisGross marginpeak €138,384 (2019)
€72,100▼ 29.9%
Resultlowest -€37,456 (2008)
-€15,017▼ €38,249
Equitypeak €65,228 (2024)
€50,211▼ 23.0%
Debts
€135,423▲ 16.9%
Staffpeak 0.6 FTE (2020)
-not published
Board2 names since 2007
2 directorsDE NEVE Davy and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €102,904 to €72,100Loss of €15,017Equity from €65,228 to €50,211Debts from €115,814 to €135,423
Key points
from the 2025 annual accountsDebts
€135,423 72% of the balance sheet
Financial debts 22%Suppliers 13%Taxes and wages 4%Other 61%
Of this, €105,500 falls due within a year.
Investments
€72,108 2.1 × depreciation
Green is investment, beige is depreciation.
Staff
1 employees on 31-12-2025
In 2025, 69 people joined and 69 left.
Filings
18 annual accounts since 2008
The last five annual accounts were filed 3 to 34 days before the end of the period.
Position in the sector
-€15,017
Lower net result than 90% of companies in personal services. Sector median €2,795 · 5,748 companies.
Checked score
84
Excellent
Financially stronger than 36% of micro companies in personal services (NACE 96)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.3%▼ -0.1 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €15,017 (financial year 2025)
lowers risk
Founded in 2007
Size: total assets €187,801
Liquidity: current ratio 0.45, cash €26,713
Calculation
The band follows from the bankruptcy probability. 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 96, micro). It does better than 50% of them on solvency, 30% on liquidity, 41% on profitability and 22% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,166 companies had the same profile as SUN TIMES has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SUN TIMES itself is lower: 0.3% within 12 months. It rests on far more data about SUN TIMES than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,166 companies, not a prediction for SUN TIMES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.45 (0.52 in 2024), below 1. Short-term debt is 56.2% and cash 14.2% of total assets. 73.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
34 days early
2023
34 days early
2022
3 days early
2021
31 days early
2020
1 day early
2019
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0889621543
Legal-form change · Resignations & appointments
Change of role: DE NEVE Davy, from statutory manager to statutory director · Resignation: DELEN Béatrice (manager) · Reappointment: DELEN Béatrice (director) · General meeting of 19-10-2023 · Gazette deed
First establishment
Zandstraat 2, Scherpenheuvel-Zichem
Incorporation
published on 05-06-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| SUN TIMES Scherpenheuvel-Zichem | €187,801 | €72,100 | 26.7% | - |
| CEEJEE Kortenberg | €201,588 | €91,001 | 74.8% | - |
| DIMMODA Amay | €179,715 | €76,746 | 68.9% | - |
| COTTENIER - VERSTRAETE Kortrijk | €195,313 | €64,075 | 11.1% | - |
| IMMO DELVILLE DASSI Awans | €206,211 | €66,003 | 64.2% | - |
| CESARE Juprelle | €144,002 | €68,889 | 57.1% | - |
| C-SUN Tienen | €217,340 | €49,012 | 44.9% | - |
These companies have the same main activity as SUN TIMES: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €144,000 and €217,000, founded between 2004 and 2009.
Official details
Source: KBO- Status
- Active since 23-05-2007Normal situation
- Activity
- Day spas, saunas and steam bathsNACE 96230and 1 other
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2025
- Establishment unit
- 2.163.098.3173271 Scherpenheuvel-Zichem, since 01-06-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 06-08-2025
Annual accounts 2025
- Total assets
- €187,801▲ 2.2%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on SUN TIMES
SUN TIMES files the micro format. That format states no turnover. The gross margin fell from €74,448 in 2008 to €72,100 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SUN TIMES
- What is the company number of SUN TIMES?
- The company number of SUN TIMES is 0889.621.543. The VAT number is the same number with BE in front: BE 0889.621.543.
- Where is SUN TIMES based?
- The registered office is at Zandstraat 2, 3271 Scherpenheuvel-Zichem.Company details
- What does SUN TIMES do?
- According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
- What is the legal form of SUN TIMES?
- SUN TIMES is a private limited company (BV).
- When was SUN TIMES founded?
- SUN TIMES was founded on 23-05-2007.
- Is SUN TIMES still active?
- Yes, SUN TIMES is an active enterprise in the KBO register.
- How many employees does SUN TIMES have?
- SUN TIMES had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SUN TIMES fall under?
- In its 2025 annual accounts, SUN TIMES states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of SUN TIMES?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €72,100 and 34 comparable companies (NACE 962). It probably lies between €140,000 and €210,000.
- Is SUN TIMES profitable?
- In financial year 2025, SUN TIMES made a loss of €15,017.
- Where can I find the annual accounts of SUN TIMES?
- SUN TIMES filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SUN TIMES due?
- SUN TIMES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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