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SunCarpets

Active
Private limited companyfounded 2022active for 4 yearsPasstraat 400 D, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0785.528.665
Summary

SunCarpets has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,549 and a net result of €39,141. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 25% of 255 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of textiles
NACE 13930
2 sites
Size
≈ €240,000turnover 2025, estimated
Equity
€20,549
Profit
€39,141
Turnover estimated from the gross margin
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts filed 3 days late1 deed in the Belgian Official Gazette
Why 88raises riskEquity €20,549 (14.2% of total assets)Founded in 2022lowers riskSector: Manufacture of textiles (NACE 13)Liquidity: current ratio 0.97, cash €37,204Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 13, micro)
Financial strength · tick = 2024
Strong
Solvency 39-2
equity 14.2% of total assets
Liquidity 53-4
short-term debt 57.0% · cash 25.7%
Profitability 100+29
return on assets 27.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.5%▼ -0.1 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025highest value 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.4 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.97, compared with 1.22 in 2024, below 1; short-term debt: 57% and cash: 25.7% of total assets), and 85.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 13, micro): better than 21% on solvency, 48% on liquidity, 96% on profitability and 43% on growth.

The bankruptcy probability was computed on 29-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
lowers risk · Liquidity: current ratio 0.97, cash €37,204
NBB · annual accounts
raises risk · Equity €20,549 (14.2% of total assets)
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 255 sector peers (2025).
NBB · sector comparison
Position among 255 sector peers
Solvency
better than 25%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year €20,549
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
3 days late
2024
37 days early
2023
93 days early
2022
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 42 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% 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 22 June (3 of the last 4 filed years within 42 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2022 to 2025net €39,141 ▲1,829%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (3 days) Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00373297.

Turnover
≈ €240,000
Estimated: probably between €160,000 and €420,000
Total assets
€144,841▲ 13.8%
2024 · €127,283
Net result
€39,141▲ 19×
2024 · €2,029
Working capital
-€2,791
2024 · €10,713
Trend over the years

2022 to 2025, 4 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8.7 times 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€47,480 2025 Net result€39,141 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 13, Manufacture of textiles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€4,449--€980€5,432€47,480▲ 774%
Net result€1,943within the sector's middle half--€3,565within the sector's middle half€2,029within the sector's middle half€39,141above the sector's middle half▲ 19×
Equity€21,943within the sector's middle half-€18,378within the sector's middle half▼ 16.2%€20,407within the sector's middle half▲ 11.0%€20,549within the sector's middle half▲ 0.7%
Total assets€166,501within the sector's middle half-€138,569within the sector's middle half▼ 16.8%€127,283within the sector's middle half▼ 8.1%€144,841within the sector's middle half▲ 13.8%
Debt€144,558-€120,190▼ 16.9%€106,876▼ 11.1%€124,293▲ 16.3%
Working capital-€16,434below the sector's middle half--€1,331within the sector's middle half▲ 91.9%€10,713within the sector's middle half-€2,791within the sector's middle half
Solvency13.2%below the sector's middle half-13.3%below the sector's middle half▲ 0.1pp16.0%within the sector's middle half▲ 2.8pp14.2%below the sector's middle half▼ 1.8pp
Current ratio0.70below the sector's middle half-0.97within the sector's middle half▲ 0.271.22within the sector's middle half▲ 0.250.97within the sector's middle half▼ 0.25
Return on assets (ROA)1.2%within the sector's middle half--2.6%below the sector's middle half▼ 3.7pp1.6%within the sector's middle half▲ 4.2pp27.0%above the sector's middle half▲ 25.4pp
above within below the middle half of NACE 13, Manufacture of textiles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144,841
Fixed assets €65,043 ▼ 3.9%
Current assets €79,798 ▲ 33.9%
Equity and liabilities €144,841
Equity €20,549 ▲ 0.7%
Debt €124,293 ▲ 16.3%
Debt's share of the balance-sheet total rises from 84.0% to 85.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€79,571▲
2024 · €35,084
Cash flow
€71,233▲
2024 · €31,682
Quick ratio
0.71▼
2024 · 0.79
Debt to equity
6.05▲
2024 · 5.24
ROE
190.5%▲
2024 · 9.9%
Interest coverage
33.98▲
2024 · 16.52
Debt ≤ 1 year
€82,590▲
2024 · €48,892
Debt > 1 year
€41,018▼
2024 · €57,299
Income taxes
€6,007▲
2024 · €1,279
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 7,976 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 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€127,283€144,841▲
Fixed assets21/28€67,679€65,043▼
Intangible fixed assets21€64,282€37,282▼
Tangible fixed assets22/27€3,397€27,760▲
Land and buildings22-€7,116
Plant, machinery and equipment23€3,397€20,645▲
Current assets29/58€59,605€79,798▲
Stocks and contracts in progress3€20,870€21,370▲
Stocks30/36€20,870€21,370▲
Amounts receivable within one year40/41€13,632€21,225▲
Trade receivables40€13,632€14,717▲
Other amounts receivable41€0€6,507▲
Cash at bank and in hand54/58€25,103€37,204▲
Equity and liabilities
Total equity and liabilities10/49€127,283€144,841▲
Equity10/15€20,407€20,549▲
Contributions10/11€20,000€20,000=
Reserves13€407€549▲
Distributable reserves133€407€549▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€106,876€124,293▲
Amounts payable after more than one year17€57,299€41,018▼
Financial debts170/4€57,299€41,018▼
Amounts payable within one year42/48€48,892€82,590▲
Current portion of amounts payable after more than one year42€15,891€16,281▲
Trade debts44€5,486€8,965▲
Suppliers440/4€5,486€8,965▲
Taxes, remuneration and social security45€4,038€1,815▼
Taxes450/3€2,723€500▼
Remuneration and social security454/9€1,315€1,315=
Other amounts payable47/48€23,477€55,528▲
Accrued charges and deferred income492/3€685€685=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,652€32,092▲
Other operating charges640/8€1,228€1,516▲
Gross operating margin9900€36,312€81,088▲
Operating profit (loss)9901€5,432€47,480▲
Financial income75/76B€0€11▲
Recurring financial income75€0€11▲
Financial charges65/66B€2,124€2,342▲
Recurring financial charges65€2,124€2,342▲
Profit (loss) for the period before taxes9903€3,308€45,149▲
Income taxes67/77€1,279€6,007▲
Profit (loss) for the period9904€2,029€39,141▲
Profit (loss) for the period to be appropriated9905€2,029€39,141▲
Appropriation of the result
Profit (loss) to be appropriated9906€407€39,141▲
Profit (loss) brought forward from the previous period14P-€1,622€0▲
Transfer from equity791/2€0-
Transfer to equity691/2€407€141▼
To other reserves6921€407€141▼
Profit to be distributed694/7-€39,000
Return on contributions (dividend)694-€39,000

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,060€34,178€29,652€32,092▲ 8.2%
Other operating charges640/8€825€1,113€1,228€1,516▲ 23.5%
Gross operating margin9900€28,334€34,312€36,312€81,088▲ 123%
Operating profit (loss)9901€4,449-€980€5,432€47,480▲ 774%
Financial income75/76B€11€1€0€11-
Recurring financial income75€11€1€0€11-
Financial charges65/66B€1,857€2,586€2,124€2,342▲ 10.3%
Recurring financial charges65€1,857€2,586€2,124€2,342▲ 10.3%
Profit (loss) for the period before taxes9903€2,603-€3,565€3,308€45,149▲ 14×
Income taxes67/77€660€0€1,279€6,007▲ 370%
Profit (loss) for the period9904€1,943-€3,565€2,029€39,141▲ 19×
Profit (loss) for the period to be appropriated9905€1,943-€3,565€2,029€39,141▲ 19×
Line2022202320242025Change
Assets
Total assets20/58€166,501€138,569€127,283€144,841▲ 13.8%
Fixed assets21/28€127,762€93,584€67,679€65,043▼ 3.9%
Intangible fixed assets21€118,282€91,282€64,282€37,282▼ 42.0%
Tangible fixed assets22/27€9,480€2,302€3,397€27,760▲ 717%
Land and buildings22---€7,116-
Plant, machinery and equipment23€7,576€2,302€3,397€20,645▲ 508%
Furniture and vehicles24€1,904€0---
Current assets29/58€38,739€44,984€59,605€79,798▲ 33.9%
Stocks and contracts in progress3€23,800€21,531€20,870€21,370▲ 2.4%
Stocks30/36€23,800€21,531€20,870€21,370▲ 2.4%
Amounts receivable within one year40/41€14,939€11,992€13,632€21,225▲ 55.7%
Trade receivables40€14,939€11,542€13,632€14,717▲ 8.0%
Other amounts receivable41-€451€0€6,507-
Cash at bank and in hand54/58-€11,461€25,103€37,204▲ 48.2%
Equity and liabilities
Total equity and liabilities10/49€166,501€138,569€127,283€144,841▲ 13.8%
Equity10/15€21,943€18,378€20,407€20,549▲ 0.7%
Contributions10/11€20,000€20,000€20,000€20,000=
Reserves13€1,943€0€407€549▲ 34.7%
Distributable reserves133€1,943€0€407€549▲ 34.7%
Profit (loss) carried forward14--€1,622€0€0-
Amounts payable17/49€144,558€120,190€106,876€124,293▲ 16.3%
Amounts payable after more than one year17€88,700€73,190€57,299€41,018▼ 28.4%
Financial debts170/4€88,700€73,190€57,299€41,018▼ 28.4%
Amounts payable within one year42/48€55,173€46,315€48,892€82,590▲ 68.9%
Current portion of amounts payable after more than one year42€15,138€15,510€15,891€16,281▲ 2.5%
Financial debts43€4,293€0---
Credit institutions430/8€4,293€0---
Trade debts44€5,481€4,543€5,486€8,965▲ 63.4%
Suppliers440/4€5,481€4,543€5,486€8,965▲ 63.4%
Taxes, remuneration and social security45€5,184€1,815€4,038€1,815▼ 55.1%
Taxes450/3€4,100€500€2,723€500▼ 81.6%
Remuneration and social security454/9€1,084€1,315€1,315€1,315=
Other amounts payable47/48€25,078€24,447€23,477€55,528▲ 137%
Accrued charges and deferred income492/3€685€685€685€685=
Line2022202320242025Change
Profit (loss) for the period9904€1,943-€3,565€2,029€39,141▲ 19×
+ Depreciation and write-downs630€23,060€34,178€29,652€32,092▲ 8.2%
Operating cash flow (approximation)€25,003€30,613€31,682€71,233▲ 125%
Investment in fixed assets (approximation)-€0-€3,747-€29,456▼ 686%
Change in cash--€13,642€12,101▼ 11.3%

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 (4)
Financial year Type Filed Reference
31-12-2025 micro format 03-08-2026 2026-00373297
31-12-2024 micro format 24-06-2025 2025-00168808
31-12-2023 micro format 29-04-2024 2024-00071849
31-12-2022 micro format 19-06-2023 2023-00144216

Similar companies · same sector, comparable size

Of the 117 active companies whose main activity is manufacture of textiles (NACE 13930), figures are known for 86. 15 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.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 28 April 2022, SunCarpets was incorporated as a private limited company.1 Total assets went from €166,501 in 2022 to €144,841 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
03-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 3 days late
2025
31-12
Financial Highest result from 2022 to 2025net €39,141 ▲1,829%
Operating result €47,480, net result €39,141, both a record.
24-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Back to profitnet €2,029
Net result €2,029 after one loss-making year.
29-04
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Weakest financial yearnet -€3,565
Net result drops to -€3,565, the lowest in the series; recovery starts the following year.
19-06
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded28-04-2022
Financial year end31-12
Activities, NACEBEL 2025
13930Manufacture of textiles
46473Wholesale trade
47120Other non-specialised retail sale
47530Retail trade
96101Personal service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0785528665
Also 9925:BE0785528665

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Niklaas · 2 establishment units since 2022
registered office establishment approximate All 2 establishment units on the map
Ground area
2.0 ha
Building footprint
1.3 ha
Building volume
107,918 m³
2 parcels, Flanders · tallest building 14.0 m. Linked by address, not a title deed.
2 establishment units
SunCarpets
Passtraat 400 D, 9100 Sint-NiklaasManufacture of textiles
since 2022unit no. 2.330.913.859
SunCarpets
Europark-Zuid 18, 9100 Sint-NiklaasManufacture of textiles
since 2026unit no. 2.387.804.260
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
46442C0435/00K000 Flanders 1.8 ha 1 · 1.3 ha 14.0 m · 2
46442C0124/00F000 Flanders 1,894 m² 1 · 8 m² 2.3 m · 1
How the parcels are linked
Good to know
Both parcels match the address exactly.