Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2015 to 2025 closed with a loss. 2017 was the heaviest.
In July 2024, 6,618 companies had the same profile as SUNBERT has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,618 companies, not a prediction for SUNBERT. 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.
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.
SUNBERT files the micro format. That format states no turnover. The gross margin fell from €4,858 in 2006 to €2,026 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €15,000. Estimated: probably between €7,100 and €37,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
12,930 | 19,386 | 25,832 | 32,277 | 39,463 | 45,909 | 52,355 | 63,830 | 69,766 | 76,549 | 79,051 | 85,834 | 92,617 | 71,339 | 75,620 | 79,901 | 83,450 | 86,999 | 90,548 | 94,505 | |
21/28 |
10,510 | 16,956 | 23,402 | 29,847 | 36,293 | 42,739 | 49,185 | 55,631 | 57,371 | 64,154 | 66,656 | 73,439 | 80,222 | 58,944 | 63,225 | 67,506 | 71,055 | 74,604 | 78,152 | 82,110 | |
22/27 |
10,510 | 16,956 | 23,402 | 29,847 | 36,293 | 42,739 | 49,185 | 55,631 | 57,371 | 64,154 | 66,656 | 73,439 | 80,222 | 58,944 | 63,225 | 67,506 | 71,055 | 74,604 | 78,152 | 82,110 | |
22 |
10,510 | 16,956 | 23,402 | 29,847 | 36,293 | 42,739 | 49,185 | 55,631 | 57,371 | 64,154 | 66,656 | 73,439 | 80,222 | 58,944 | 63,225 | 66,774 | 70,323 | 73,872 | 77,420 | 81,377 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 732 | 732 | 732 | 732 | 733 | |
29/58 |
2,420 | 2,430 | 2,430 | 2,430 | 3,170 | 3,170 | 3,170 | 8,199 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,396 | 12,395 | |
54/58 |
2,420 | 2,430 | 2,430 | 2,430 | 3,170 | 3,170 | 3,170 | 8,199 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,396 | 12,395 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
12,930 | 19,386 | 25,832 | 32,277 | 39,463 | 45,909 | 52,355 | 63,830 | 69,766 | 76,549 | 79,051 | 85,834 | 92,617 | 71,339 | 75,620 | 79,901 | 83,450 | 86,999 | 90,548 | 94,505 | |
10/15 |
-34,049 | -29,629 | -26,897 | -23,638 | -22,204 | -19,835 | -16,064 | -7,599 | 33 | 8,875 | 10,616 | 14,208 | 10,943 | 20,130 | 14,034 | 14,688 | 14,235 | 13,853 | 13,750 | 13,820 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | 6,170 | |
130/1 |
353 | 353 | 353 | 353 | 353 | 353 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 353 | 353 | 353 | 353 | 353 | 353 | 353 | 353 | 353 | 353 | 353 | 353 | 353 | 353 | 353 | |
1319 |
353 | 353 | 353 | 353 | 353 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | 5,817 | |
14 |
-58,811 | -54,391 | -51,659 | -48,400 | -46,966 | -44,597 | -40,826 | -32,361 | -24,729 | -15,887 | -14,146 | -10,554 | -13,819 | -4,632 | -10,728 | -10,074 | -10,527 | -10,909 | -11,012 | -10,942 | |
17/49 |
46,979 | 49,015 | 52,729 | 55,915 | 61,667 | 65,744 | 68,419 | 71,429 | 69,733 | 67,674 | 68,435 | 71,626 | 81,674 | 51,209 | 61,586 | 65,213 | 69,215 | 73,146 | 76,798 | 80,685 | |
42/48 |
46,979 | 49,015 | 52,729 | 55,915 | 61,667 | 65,744 | 68,419 | 71,429 | 69,733 | 67,674 | 68,435 | 71,626 | 81,674 | 51,209 | 61,586 | 65,213 | 69,215 | 73,146 | 76,798 | 80,685 | |
47/48 |
46,979 | 49,015 | 52,729 | 55,915 | 61,667 | 65,744 | 68,419 | 71,429 | 69,733 | 67,674 | 68,435 | 71,626 | 81,674 | 51,209 | 61,586 | 65,213 | 69,215 | 73,146 | 76,798 | 80,685 | |
| Income statement | |||||||||||||||||||||
9900 |
2,026 | 3,714 | 3,186 | 5,012 | 4,077 | 8,900 | 3,010 | 3,010 | 3,010 | 5,165 | 14,047 | 15,561 | 15,384 | 14,959 | 7,606 | 5,261 | 5,190 | 4,856 | 5,196 | 4,858 | |
630 |
6,446 | 6,446 | 6,445 | 6,446 | 6,446 | 6,446 | 6,446 | 6,446 | 6,783 | 2,502 | 6,783 | 6,783 | 21,101 | 4,281 | 4,281 | 3,549 | 3,549 | 3,548 | 3,958 | 3,958 | |
640/8 |
- | - | - | - | - | 6,225 | 5,029 | 4,196 | 5,069 | 4,404 | 10,856 | 5,513 | 3,470 | 4,582 | 3,979 | 1,259 | 1,259 | 1,205 | 1,308 | 2,210 | |
9901 |
-4,420 | -2,732 | -3,259 | -1,434 | -2,369 | -3,771 | -8,465 | -7,632 | -8,842 | -1,741 | -3,592 | 3,265 | -9,187 | 6,096 | -654 | 453 | 382 | 103 | -70 | -1,310 | |
9903 |
-4,420 | -2,732 | -3,259 | -1,434 | -2,369 | -3,771 | -8,465 | -7,632 | -8,842 | -1,741 | -3,592 | 3,265 | -9,187 | 6,096 | -654 | 453 | 382 | 103 | -70 | -1,310 | |
9904 |
-4,420 | -2,732 | -3,259 | -1,434 | -2,369 | -3,771 | -8,465 | -7,632 | -8,842 | -1,741 | -3,592 | 3,265 | -9,187 | 6,096 | -654 | 453 | 382 | 103 | -70 | -1,310 | |
9905 |
-4,420 | -2,732 | -3,259 | -1,434 | -2,369 | -3,771 | -8,465 | -7,632 | -8,842 | -1,741 | -3,592 | 3,265 | -9,187 | 6,096 | -654 | 453 | 382 | 103 | -70 | -1,310 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-58,811 | -54,391 | -51,659 | -48,400 | -46,966 | -44,597 | -40,826 | -32,361 | -24,729 | -15,887 | -14,146 | -10,554 | -13,819 | -4,632 | -10,728 | -10,074 | -10,527 | -10,909 | -11,012 | -10,942 | |
14P |
-54,391 | -51,659 | -48,400 | -46,966 | -44,597 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 14 older financial years (1987-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-08-2026.
2025 annual accounts filed 29 days after the deadline. Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00450920.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-08-2026 | 2026-00450920 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00454621 | |
| 31-12-2023 | micro format | 30-06-2024 | 2024-00184037 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00379382 | |
| 31-12-2021 | micro format | 15-08-2022 | 2022-20287198 | |
| 31-12-2020 | micro format | 21-06-2021 | 2021-22100021 | |
| 31-12-2019 | micro format | 12-09-2020 | 2020-53100448 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-45200173 | |
| 31-12-2017 | micro format | 25-08-2018 | 2018-51300371 | |
| 31-12-2016 | micro format | 17-08-2017 | 2017-44100331 | |
| 31-12-2015 | abbreviated format | 28-08-2016 | 2016-48000228 | |
| 31-12-2014 | abbreviated format | 12-08-2015 | 2015-41100238 | |
| 31-12-2013 | abbreviated format | 30-07-2014 | 2014-38600291 | |
| 31-12-2012 | abbreviated format | 30-07-2013 | 2013-36000258 | |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-48100220 | |
| 31-12-2010 | abbreviated format | 26-08-2011 | 2011-43900318 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-52200186 | |
| 31-12-2008 | abbreviated format | 27-08-2009 | 2009-66000031 | |
| 31-12-2007 | abbreviated format | 14-07-2008 | 2008-41100049 | |
| 31-12-2006 | abbreviated format | 27-09-2007 | 2007-76300150 | |
| 31-12-2005 | abbreviated format | 28-07-2006 | 2006-57302040 | |
| 31-12-2004 | abbreviated format | 15-07-2005 | 2005-50101136 | |
| 31-12-2003 | abbreviated format | 29-12-2004 | 2004-89102568 | |
| 31-12-2002 | abbreviated format | 05-01-2005 | 2005-00304230 | |
| 31-12-2001 | abbreviated format | 29-12-2004 | 2004-89102556 | |
| 31-12-2000 | abbreviated format | 29-12-2004 | 2004-89102544 | |
| 31-12-1999 | abbreviated format | 29-12-2004 | 2004-89102532 | |
| 31-12-1993 | abbreviated format | 07-02-1995 | 1995-02102624 | |
| 31-12-1992 | abbreviated format | 07-02-1995 | 1995-02102599 | |
| 31-12-1991 | abbreviated format | 07-02-1995 | 1995-02102611 | |
| 31-12-1990 | abbreviated format | 03-01-1992 | 1992-00102662 | |
| 31-12-1989 | abbreviated format | 12-07-1990 | 1990-17003021 | |
| 31-12-1988 | abbreviated format | 03-11-1989 | 1989-25105348 | |
| 31-12-1987 | abbreviated format | 03-11-1989 | 1989-25105337 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,026 | 3,714 | 3,186 | 5,012 | 4,077 | 2,675 | -2,019 | -1,186 | -2,059 | 761 | 3,191 | 10,048 | 11,914 | 10,377 | 3,627 | 4,002 | 3,931 | 3,651 | 3,888 | 2,648 | ||
| 2,026 | 3,714 | 3,186 | 5,012 | 4,077 | 2,675 | -2,019 | -1,186 | -2,059 | 761 | 3,191 | 10,048 | 11,914 | 10,377 | 3,627 | 4,002 | 3,931 | 3,651 | 3,888 | 2,648 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,706 | 0 | 0 | 0 | 0 | 42,379 | 0 | 0 | 0 | 0 | 0 | 0 | - | ||
| -10 | 0 | 0 | -740 | 0 | 0 | -5,029 | -4,196 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 | - | ||
| -44,559 | -46,585 | -50,299 | -53,485 | -58,497 | -62,574 | -65,249 | -63,230 | -57,338 | -55,279 | -56,040 | -59,231 | -69,279 | -38,814 | -49,191 | -52,818 | -56,820 | -60,751 | -64,402 | -68,290 | ||
| -263.3% | -152.8% | -104.1% | -73.2% | -56.3% | -43.2% | -30.7% | -11.9% | 0.0% | 11.6% | 13.4% | 16.6% | 11.8% | 28.2% | 18.6% | 18.4% | 17.1% | 15.9% | 15.2% | 14.6% | ||
| 0.05 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.11 | 0.18 | 0.18 | 0.18 | 0.17 | 0.15 | 0.24 | 0.20 | 0.19 | 0.18 | 0.17 | 0.16 | 0.15 | ||
| - | - | - | - | - | - | - | - | - | 7.63 | 6.45 | 5.04 | 7.46 | 2.54 | 4.39 | 4.44 | 4.86 | 5.28 | 5.59 | 5.84 | ||
| - | - | - | - | - | - | - | - | - | -19.6% | -33.8% | 23.0% | -84.0% | 30.3% | -4.7% | 3.1% | 2.7% | 0.7% | -0.5% | -9.5% | ||
| -34.2% | -14.1% | -12.6% | -4.4% | -6.0% | -8.2% | -16.2% | -12.0% | -12.7% | -2.3% | -4.5% | 3.8% | -9.9% | 8.5% | -0.9% | 0.6% | 0.5% | 0.1% | -0.1% | -1.4% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €4,420, larger than the loss of €2,732 in 2024. It is the lowest result since 2019.
Equity is negative. Debt (€46,979) exceeds the balance-sheet total (€12,930).
SUNBERT has no parent and no holdings in its annual accounts. is the only director. SUNBERT shares no director with another company.
| QUERINO
registered office since 05-12-1990 · founded in 1990 |
total assets €332,491 (2025) 0442.707.505 |
| Vereniging van Mede-eigenaars Residentie Sun Lodge Knokke-Heist(Heist) Anemonenlaan 3
registered office since 01-08-1995 |
founded in 1995 0835.790.107 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Anemonenlaan 3 registered office 8301 Knokke-Heist 68201 Renting and operating of own or leased residential real estate, excluding social housing | 13-10-1989 | 2.036.624.371 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31337F0187/00A000 | 1,108 m² | 1 · 398 m² | 14.8 m · 3 |
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