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SunBuild

Active
Private limited companyfounded 2025active for 1 yearSint Michielswarande 30, 1040 Etterbeek, Belgium90 active companies are registered at this addressKBO/BCE: BE 1019.289.856
Summary

SunBuild has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,562 and a net result of €200,562. Its solvency ranks better than 9% of 9,816 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €690,000
Estimated: probably between €600,000 and €850,000
Total assets
€4.7m
Net result
€200,562
Working capital
€196,036

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €4.7m
Fixed assets €14,043
Current assets €4.7m
Equity and liabilities €4.7m
Equity €210,562
Debt €4.5m
Debt finances 95.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€274,857
Cash flow
€201,634
Current ratio
1.04
Quick ratio
0.29
Debt to equity
21.20
ROE
95.3%
ROA
4.3%
Interest coverage
22.84
Debt ≤ 1 year
€4.5m
Income taxes
€61,187
Staff costs
€34,286

Peer companies

Historical observation

Of the 139 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 99.3% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
0.0% went bankrupt
0.7% stopped otherwise
99.3% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€4.7m
Formation expenses20€0.001m
Fixed assets21/28€0.01m
Tangible fixed assets22/27€0.005m
Furniture and vehicles24€0.005m
Financial fixed assets28€0.009m
Current assets29/58€4.7m
Stocks and contracts in progress3€3.4m
Stocks30/36€0.02m
Contracts in progress37€3.4m
Amounts receivable within one year40/41€0.8m
Trade receivables40€0.3m
Other amounts receivable41€0.5m
Cash at bank and in hand54/58€0.5m
Deferred charges and accrued income490/1€0.02m
Equity and liabilities
Total equity and liabilities10/49€4.7m
Equity10/15€0.2m
Contributions10/11€0.01m
Profit (loss) carried forward14€0.2m
Amounts payable17/49€4.5m
Amounts payable within one year42/48€4.5m
Current portion of amounts payable after more than one year42€0.2m
Trade debts44€0.7m
Suppliers440/4€0.7m
Advances received on contracts in progress46€3.5m
Taxes, remuneration and social security45€0.07m
Taxes450/3€0.06m
Remuneration and social security454/9€0.01m
Other amounts payable47/48€0.002m
Accrued charges and deferred income492/3€0.001m
Income statement Code2025
Remuneration, social security and pensions62€0.03m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m
Other operating charges640/8€400
Gross operating margin9900€0.3m
Operating profit (loss)9901€0.3m
Financial charges65/66B€0.01m
Recurring financial charges65€0.01m
Profit (loss) for the period before taxes9903€0.3m
Income taxes67/77€0.06m
Profit (loss) for the period9904€0.2m
Profit (loss) for the period to be appropriated9905€0.2m
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m
Social balance sheet
Average headcount (FTE)90870.0

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€34,286
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,072
Other operating charges640/8€400
Gross operating margin9900€309,543
Operating profit (loss)9901€273,785
Financial charges65/66B€12,036
Recurring financial charges65€12,036
Profit (loss) for the period before taxes9903€261,749
Income taxes67/77€61,187
Profit (loss) for the period9904€200,562
Profit (loss) for the period to be appropriated9905€200,562
Line2025
Assets
Total assets20/58€4.7m
Formation expenses20€0.001m
Fixed assets21/28€0.01m
Tangible fixed assets22/27€0.005m
Furniture and vehicles24€0.005m
Financial fixed assets28€0.009m
Current assets29/58€4.7m
Stocks and contracts in progress3€3.4m
Stocks30/36€0.02m
Contracts in progress37€3.4m
Amounts receivable within one year40/41€0.8m
Trade receivables40€0.3m
Other amounts receivable41€0.5m
Cash at bank and in hand54/58€0.5m
Deferred charges and accrued income490/1€0.02m
Equity and liabilities
Total equity and liabilities10/49€4.7m
Equity10/15€0.2m
Contributions10/11€0.01m
Profit (loss) carried forward14€0.2m
Amounts payable17/49€4.5m
Amounts payable within one year42/48€4.5m
Current portion of amounts payable after more than one year42€0.2m
Trade debts44€0.7m
Suppliers440/4€0.7m
Advances received on contracts in progress46€3.5m
Taxes, remuneration and social security45€0.07m
Taxes450/3€0.06m
Remuneration and social security454/9€0.01m
Other amounts payable47/48€0.002m
Accrued charges and deferred income492/3€0.001m
Line2025
Profit (loss) for the period9904€200,562
+ Depreciation and write-downs630€1,072
Operating cash flow (approximation)€201,634

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 20-05-2026 2026-00115389

Similar companies · same sector, comparable size

Of the 22,640 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,525. 8,296 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.