SUNBOA
ActiveSummary
The computed 12-month bankruptcy probability of SUNBOA is 3.6% (moderate). The 2024 annual accounts show equity of €59k and a net result of €-32k. Its solvency ranks better than 39% of 36375 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency61▼-5
Growth32
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 1.66 against 1.82 in 2023; short-term debt: 39.8% and cash: 3.6% of total assets), but 63.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.4%
Return on assets
-19.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, micro schema
Equity
€59k▼ 35.0%
2023 · €91k
Total assets
€162k▼ 26.6%
2023 · €220k
Net result
€-32k
2023 · €83k
Working capital
€43k▼ 35.3%
2023 · €66k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€110k-€-28k
Net result€83k-€-32k
Equity€91k-€59k▼ 35.0%
Total assets€220k-€162k▼ 26.6%
Debt€130k-€103k▼ 20.7%
Working capital€66k-€43k▼ 35.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €28k after €110k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162k
Fixed assets
€55k ▼ 26.6%
Current assets
€107k ▼ 26.6%
Equity and liabilities €162k
Equity
€59k ▼ 35.0%
Debt
€103k ▼ 20.7%
Debt's share of the balance-sheet total rises from 58.9% to 63.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2023 · €116k
Cash flow
€-17k▼
2023 · €89k
Current ratio
1.66▼
2023 · 1.82
Debt to equity
1.74▲
2023 · 1.43
ROE
-53.9%▼
2023 · 91.2%
ROA
-19.6%▼
2023 · 37.5%
Interest coverage
-4.03▼
2023 · 99.41
Debt ≤ 1 year
€64k▼
2023 · €80k
Debt > 1 year
€38k▼
2023 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €15k | ▲ 121% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €420 | €2k | ▲ 310% |
| Other operating charges640/8 | €109 | - | - |
| Non-recurring operating charges66A | - | €5k | - |
| Gross operating margin9900 | €117k | €-7k | ▼ 106% |
| Operating profit (loss)9901 | €110k | €-28k | ▼ 126% |
| Financial charges65/66B | €1k | €3k | ▲ 189% |
| Recurring financial charges65 | €1k | €3k | ▲ 189% |
| Profit (loss) for the period before taxes9903 | €108k | €-32k | ▼ 129% |
| Income taxes67/77 | €26k | - | - |
| Profit (loss) for the period9904 | €83k | €-32k | ▼ 138% |
| Profit (loss) for the period to be appropriated9905 | €83k | €-32k | ▼ 138% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €220k | €162k | ▼ 26.6% |
| Fixed assets21/28 | €74k | €55k | ▼ 26.6% |
| Tangible fixed assets22/27 | €74k | €55k | ▼ 26.6% |
| Plant, machinery and equipment23 | €977 | €630 | ▼ 35.5% |
| Furniture and vehicles24 | €5k | - | - |
| Leasing and similar rights25 | €68k | €54k | ▼ 21.1% |
| Current assets29/58 | €146k | €107k | ▼ 26.6% |
| Amounts receivable within one year40/41 | €123k | €101k | ▼ 17.8% |
| Trade receivables40 | €112k | €93k | ▼ 17.6% |
| Other amounts receivable41 | €11k | €9k | ▼ 19.9% |
| Cash at bank and in hand54/58 | €23k | €6k | ▼ 74.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €220k | €162k | ▼ 26.6% |
| Equity10/15 | €91k | €59k | ▼ 35.0% |
| Contributions10/11 | €8k | €8k | = |
| Reserves13 | €83k | €51k | ▼ 38.4% |
| Distributable reserves133 | €83k | €51k | ▼ 38.4% |
| Amounts payable17/49 | €130k | €103k | ▼ 20.7% |
| Amounts payable after more than one year17 | €50k | €38k | ▼ 22.7% |
| Financial debts170/4 | €50k | €38k | ▼ 22.7% |
| Amounts payable within one year42/48 | €80k | €64k | ▼ 19.5% |
| Current portion of amounts payable after more than one year42 | €11k | €11k | ▲ 4.2% |
| Trade debts44 | €26k | €293 | ▼ 98.9% |
| Suppliers440/4 | €26k | €293 | ▼ 98.9% |
| Taxes, remuneration and social security45 | €41k | €41k | = |
| Taxes450/3 | €26k | €26k | = |
| Remuneration and social security454/9 | €16k | €16k | = |
| Other amounts payable47/48 | €2k | €12k | ▲ 564% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €83k | €-32k | ▼ 138% |
| + Depreciation and write-downs630 | €7k | €15k | ▲ 121% |
| Operating cash flow (approximation) | €89k | €-17k | ▼ 119% |
| Investment in fixed assets (approximation) | - | €5k | - |
| Change in cash | - | €-17k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wezembeek-Oppem · 1 establishment unit since 2023
Ground area
583 m²
Building footprint
382 m²
Volume, LiDAR
3,272 m³
2 parcels, Brussels, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
599
companies at this address
See who is registered here
1 establishment unit
SUNBOA
since 20232.344.889.678
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
| 21302A0171/00N004 | Brussels | 63 m² | 1 · 57 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,689 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
46643Wholesale of electrical equipment, including installation materials
Scores and ratios are computed by Checked and are not a credit decision.