SUNCREST
ActiveSummary
SUNCREST has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▲+27
Solvency35▼-65
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.11; short-term debt: 89.8% and cash: 0.7% of total assets), and 89.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
10.2%
Return on assets
-3%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
50 d early
2023
56 d early
2022
53 d early
2021
36 d early
2020
46 d early
2019
176 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
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 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 Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Equity
€14k▼ 22.7%
2024 · €18k
Total assets
€140k▲ 660%
2024 · €18k
Net result
€-4k▼ 66.9%
2024 · €-3k
Working capital
€14k▼ 38.3%
2022 · €23k
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
Line20212022202320242025
Operating result€-2k▲ 66.6%€-2k▲ 37.0%€-2k▼ 14.3%€-2k▼ 17.8%€-2k▲ 9.1%
Net result€-3k▲ 71.7%€8k€-2k€-3k▼ 17.4%€-4k▼ 66.9%
Equity€15k▼ 15.1%€23k▲ 56.7%€21k▼ 9.3%€18k▼ 12.0%€14k▼ 22.7%
Total assets€15k▼ 15.4%€23k▲ 53.1%€21k▼ 9.3%€18k▼ 12.0%€140k▲ 660%
Debt€348▼ 25.6%€0▼ 100%€126k
Working capital€15k▼ 15.1%€23k▲ 56.7%€14k
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
Equity and liabilities €140k
Equity
€14k
Debt
€126k
Debt finances 89.8% of the balance-sheet total.
Key figures and ratios
Current ratio
1.11
Quick ratio
0.02
Debt to equity
8.84
ROE
-29.4%▼
2024 · -13.6%
ROA
-3.0%▲
2024 · -13.6%
Debt ≤ 1 year
€126k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €189 | €546 | €600 | €606 | ▲ 1.1% |
| Gross operating margin9900 | €-2k | €-1k | €-1k | €-1k | €-1k | ▲ 13.2% |
| Operating profit (loss)9901 | €-2k | €-2k | €-2k | €-2k | €-2k | ▲ 9.1% |
| Financial income75/76B | - | €10k | €0 | - | - | - |
| Recurring financial income75 | - | €113 | €0 | - | - | - |
| Non-recurring financial income76B | - | €10k | €0 | - | - | - |
| Financial charges65/66B | - | €215 | €378 | €435 | €2k | ▲ 430% |
| Recurring financial charges65 | €169 | €215 | €378 | €435 | €2k | ▲ 430% |
| Profit (loss) for the period before taxes9903 | €-3k | €8k | €-2k | €-3k | €-4k | ▼ 66.9% |
| Profit (loss) for the period9904 | €-3k | €8k | €-2k | €-3k | €-4k | ▼ 66.9% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €8k | €-2k | €-3k | €-4k | ▼ 66.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15k | €23k | €21k | €18k | €140k | ▲ 660% |
| Current assets29/58 | €15k | €23k | €21k | €18k | €140k | ▲ 660% |
| Stocks and contracts in progress3 | - | - | - | - | €138k | - |
| Contracts in progress37 | - | - | - | - | €138k | - |
| Amounts receivable within one year40/41 | - | - | - | - | €1k | - |
| Other amounts receivable41 | - | - | - | - | €1k | - |
| Cash at bank and in hand54/58 | €15k | €23k | €21k | €18k | €995 | ▼ 94.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15k | €23k | €21k | €18k | €140k | ▲ 660% |
| Equity10/15 | €15k | €23k | €21k | €18k | €14k | ▼ 22.7% |
| Contributions10/11 | - | €18k | €18k | €18k | €18k | = |
| Reserves13 | €12k | €12k | €12k | €12k | €12k | = |
| Non-distributable reserves130/1 | - | €12k | €12k | €12k | €12k | = |
| Reserves not available under the articles1311 | - | €12k | €12k | €12k | €12k | = |
| Profit (loss) carried forward14 | €-15k | €-7k | €-9k | €-11k | €-16k | ▼ 36.6% |
| Amounts payable17/49 | €348 | €0 | - | - | €126k | - |
| Amounts payable within one year42/48 | €348 | €0 | - | - | €126k | - |
| Trade debts44 | €348 | €0 | - | - | - | - |
| Suppliers440/4 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €126k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €8k | €-2k | €-3k | €-4k | ▼ 66.9% |
| Operating cash flow (approximation) | €-3k | €8k | €-2k | €-3k | €-4k | ▼ 66.9% |
| Change in cash | - | €8k | €-2k | €-3k | €-17k | ▼ 594% |
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
Next filing, fiscal year 2026, expected by
2026
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €8k
Net result €8k after 4 loss-making years.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 176 days late
30-09
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 21469current ratio 38.18
Current ratio from 0.00 to 38.18; short-term debt falls from €74k to €467.
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 69 days late
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are 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, Aalst · 1 establishment unit since 1990
Ground area
1.0 ha
Building footprint
1,076 m²
Volume, LiDAR
5,295 m³
2 parcels, Flanders · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
Ninovesteenweg 190, 9320 Aalst
since 19902.050.373.528
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0950/00M002 | Flanders | 7,939 m² | 1 · 615 m² | 3.8 m |
| 41342B0950/00G002 | Flanders | 2,382 m² | 1 · 460 m² | 13.2 m · 4 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 9,698 companies in sector 68121 we hold annual accounts for 7,385. 3,580 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
Founded26-10-1990
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.