Equity
€14,244 from €255,006 in 2009
Equity fell by 94% in 16 years.
SUNCREST
Overview
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1991peak €230,713 (2009)
-€1,282▲ €195
lowest -€241,854 (2011)
-€4,194▼ €1,682
peak €255,006 (2009)
€14,244▼ 22.7%
€125,866
peak 0 FTE (2023)
-not published
Board5 names since 2018
1 directorMAKHZEN
Owners3 names in the annual accounts
100%MakHzen
Documentsfilings and deeds
10-03-202651 days before the deadline
2025abbreviated format
Gross margin from -€1,477 to -€1,282Loss of €4,194Equity from €18,438 to €14,244Cash from €18,438 to €995
Key points
from the 2025 annual accountsLosses
-€8,847 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€125,866 90% of the balance sheet
Filings
34 annual accounts since 1991
Four of the last ten came late. The 2019 accounts came latest: 176 days after the end of the period.
At the same address
20 companies
Position in the sector
€14,244
Less equity than 80% of companies in real estate. Sector median €300,201 · 11,304 companies.
Turnover not published (abbreviated format)
Checked score
86
Excellent
Financially stronger than 20% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged 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 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.3 percentage points vs 03-2026highest value
05-2026: 0.5%● unchanged vs 04-2026highest value
06-2026: 0.5%● unchanged vs 05-2026highest value
07-2026: 0.2%▼ -0.3 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Equity €14,244 (10.2% of total assets)
lowers risk
Size: total assets €140,110
Founded in 1990
Figures for financial year 2025 (filed on 11-03-2026)
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 31% of them on solvency, 4% on liquidity, 26% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as SUNCREST has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SUNCREST itself is lower: 0.2% within 12 months. It rests on far more data about SUNCREST than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,450 companies, not a prediction for SUNCREST. 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.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11, below the usual 1.5. Short-term debt is 89.8% and cash 0.7% of total assets. 89.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
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
19202122232425
2019 to 2025 · latest year -€4,194
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 days early
2024
50 days early
2023
56 days early
2022
53 days early
2021
36 days early
2020
46 days early
2019
176 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 10 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441913786
Registered office moved within Erembodegem
New registered office: Korte Keppestraat 7 bus 52 te 9320 Erembodegem · Previous registered office: KORTE KEPPESTRAAT 7 BUS 62 9320 EREMBODEGEM · Permanent representative: Bart Uyttersprot · Gazette deed
2 directors appointed, 2 resignations
Resignations: Bart Uyttersprot and Herman Uyttersprot · Appointments: Makhzen and Marsanta (managing director) · Permanent representatives: Herman Uytterpsprot and Bart Uyttersprot · General meeting of 02-03-2021 · Gazette deed
2 directors appointed, 1 resignation
Capital from €124,000 to €234,000, 110,000 new shares · Capital after the decrease: €27,500 · Resignation: MAKHZEN · General meeting of 09-06-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SUNCREST Aalst | €140,110 | -€1,282 | 10.2% | - |
| METTEPENNINGEN Temse | €117,905 | -€2,960 | -170.4% | 0 |
| CHALIE Nazareth-De Pinte | €167,049 | -€13,755 | 87.0% | - |
| Magic - Home Wortegem-Petegem | €113,560 | -€1,770 | 31.6% | - |
| KORTRIJKSE VASTGOEDMAATSCHAPPIJ Ghent | €175,079 | -€676 | 88.6% | - |
| HET WASE GROENWONEN Sint-Katelijne-Waver | €130,002 | -€16,910 | 74.8% | - |
| BERNIMMO Wemmel | €135,285 | -€3,571 | -32.4% | - |
These companies have the same main activity as SUNCREST: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €114,000 and €175,000, founded between 1988 and 1993.
Official details
Source: KBO- Status
- Active since 26-10-1990Normal situation
- Registered office
- 21 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.050.373.5289320 Aalst, since 28-11-1990
- Financial year end
- 30 September
- Peppol
- Reachable since 27-03-2026
Annual accounts to 30-09-2025
- -€1,282▲ 13.2%
- €4,194▲ 66.9%
- €14,244▼ 22.7%
- €140,110▲ 660%
- Filing
- Filed on 10-03-2026, 51 days before the end of the filing period
Insights on SUNCREST
SUNCREST files the abbreviated format. That format states no turnover. The gross margin fell from €9,663 in 2007 to -€1,282 in 2025.
MakHzen holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 10-03-2026, 51 days before the deadline-€1,282
▲ €195
-€1,888
▲ €189
-
-
10.2%
▼ 89.8 percentage points
1.11
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Money flows
no detail for 2025Balance sheet
balance sheet total €140,110 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
10.2%
Higher than 29% of 11,299 companies in 2025.
1.11
Higher than 49% of 10,851 companies in 2025.
-3.0%
Higher than 20% of 11,184 companies in 2025.
SUNCREST
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
140,110 | 18,438 | 20,950 | 23,090 | 15,082 | 17,820 | 131 | 178 | 189 | 112 | 90 | 278 | 223 | 1,043 | 2,120 | 295,580 | 821,388 | 474,218 | 196,226 | |
21/28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 266,000 | 266,000 | 266,000 | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 266,000 | 266,000 | 266,000 | - | |
29/58 |
140,110 | 18,438 | 20,950 | 23,090 | 15,082 | 17,820 | 131 | 178 | 189 | 112 | 90 | 278 | 223 | 1,043 | 2,120 | 29,580 | 555,388 | 208,218 | 196,226 | |
3 |
138,068 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
37 |
138,068 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
1,047 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29,115 | 542,651 | 199,130 | 168,831 | |
41 |
1,047 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29,115 | 542,651 | 199,130 | 168,831 | |
54/58 |
995 | 18,438 | 20,950 | 23,090 | 15,082 | 17,620 | 131 | 117 | 128 | 51 | 29 | 217 | 148 | 968 | 2,045 | 465 | 12,737 | 9,088 | 27,263 | |
490/1 |
- | - | - | - | 0 | 200 | - | 61 | 61 | 61 | 61 | 61 | 75 | 75 | 75 | - | - | - | 132 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
140,110 | 18,438 | 20,950 | 23,090 | 15,082 | 17,820 | 131 | 178 | 189 | 112 | 90 | 278 | 223 | 1,043 | 2,120 | 295,580 | 821,388 | 474,218 | 196,226 | |
10/15 |
14,244 | 18,438 | 20,950 | 23,090 | 14,735 | 17,353 | -73,384 | -70,119 | -67,274 | -64,310 | -61,262 | -57,800 | -54,133 | -51,081 | -48,686 | 193,168 | 255,006 | 120,408 | -159,841 | |
10/11 |
17,500 | 17,500 | 17,500 | 17,500 | 17,500 | 17,500 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | |
100 |
- | - | - | - | - | - | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | |
13 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
130/1 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
1311 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-15,656 | -11,462 | -8,950 | -6,810 | -15,165 | -12,547 | -209,784 | -206,519 | -203,674 | -200,710 | -197,662 | -194,200 | -190,533 | -187,481 | -185,086 | 56,768 | 118,606 | -15,992 | -296,241 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | 5,000 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | 5,000 | |
17/49 |
125,866 | - | - | 0 | 348 | 467 | 73,515 | 70,296 | 67,463 | 64,422 | 61,352 | 58,078 | 54,356 | 52,124 | 50,806 | 102,413 | 566,381 | 348,810 | 351,067 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 187,911 | 198,741 | 198,741 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 187,911 | 198,741 | 198,741 | |
42/48 |
125,866 | - | - | 0 | 348 | 467 | 73,515 | 70,296 | 67,463 | 64,422 | 61,352 | 58,078 | 54,356 | 52,124 | 50,806 | 102,413 | 378,470 | 137,835 | 142,234 | |
44 |
- | - | - | 0 | 348 | 467 | 162 | 61 | 61 | 61 | - | 469 | 194 | 124 | 806 | 1,233 | 239 | 93,146 | 93,458 | |
440/4 |
- | - | - | 0 | 348 | 467 | 162 | 61 | 61 | 61 | - | 469 | 194 | 124 | 806 | 1,233 | 239 | 93,146 | 93,458 | |
45 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,179 | 78,231 | 8,649 | 12,736 | |
450/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,179 | 78,231 | 8,649 | 12,736 | |
47/48 |
125,866 | - | - | - | - | - | 73,353 | 70,235 | 67,402 | 64,361 | 61,352 | 57,609 | 54,162 | 52,000 | 50,000 | 100,000 | 300,000 | 36,040 | 36,040 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,235 | 10,093 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 287,309 | |
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 250,000 | 266,000 | - | |
9900 |
-1,282 | -1,477 | -1,216 | -1,354 | -1,915 | -6,766 | -414 | -70 | -303 | -500 | -633 | -932 | -1,148 | -1,750 | -3,373 | -2,968 | 230,713 | 15,314 | 9,663 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 277,646 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -5,000 | - | -22,740 | |
640/8 |
606 | 600 | 546 | 189 | 535 | 578 | 541 | 539 | 542 | 534 | 539 | 547 | 197 | 541 | 1,186 | 886 | 1,345 | 1,269 | 2,148 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 266,000 | - | - | - | - | |
9901 |
-1,888 | -2,077 | -1,763 | -1,543 | -2,450 | -7,344 | -955 | -609 | -845 | -1,034 | -1,173 | -1,478 | -1,346 | -2,291 | -4,559 | -3,854 | 234,367 | 14,045 | 30,255 | |
75/76B |
- | - | 0 | 10,113 | - | - | - | - | - | - | - | - | - | - | 30,003 | 6,491 | 29,603 | 11,290 | 9,166 | |
75 |
- | - | 0 | 113 | - | - | - | - | - | - | - | - | - | - | 30,003 | 6,491 | 29,603 | 11,290 | 9,166 | |
76B |
- | - | 0 | 10,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
2,306 | 435 | 378 | 215 | 169 | 1,918 | 2,311 | 2,236 | 2,119 | 2,014 | 2,289 | 2,189 | 1,707 | 104 | 377 | 100 | 1,331 | 2,425 | 5,330 | |
65 |
2,306 | 435 | 378 | 215 | 169 | 1,918 | 2,311 | 2,236 | 2,119 | 2,014 | 2,289 | 2,189 | 1,707 | 104 | 377 | 100 | 1,331 | 2,425 | 5,330 | |
9903 |
-4,194 | -2,513 | -2,140 | 8,356 | -2,619 | -9,263 | -3,266 | -2,844 | -2,965 | -3,048 | -3,461 | -3,667 | -3,053 | -2,395 | -240,933 | 2,537 | 512,639 | 288,911 | 34,091 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | 921 | - | 78,040 | 8,662 | 12,357 | |
9904 |
-4,194 | -2,513 | -2,140 | 8,356 | -2,619 | -9,263 | -3,266 | -2,844 | -2,965 | -3,048 | -3,461 | -3,667 | -3,053 | -2,395 | -241,854 | 2,537 | 434,599 | 280,249 | 21,734 | |
9905 |
-4,194 | -2,513 | -2,140 | 8,356 | -2,619 | -9,263 | -3,266 | -2,844 | -2,965 | -3,048 | -3,461 | -3,667 | -3,053 | -2,395 | -241,854 | 2,537 | 434,599 | 280,249 | 21,734 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-15,656 | -11,462 | -8,950 | -6,810 | -15,165 | -219,047 | -209,784 | -206,519 | -203,674 | -200,710 | -197,662 | -194,200 | -190,533 | -187,481 | -185,086 | 56,768 | 418,606 | -15,992 | -296,241 | |
14P |
-11,462 | -8,950 | -6,810 | -15,165 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | 206,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 300,000 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 300,000 | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 15 older financial years (1991-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 10-03-2026 | 2026-00051728 | |
| 30-09-2024 | abbreviated format | 11-03-2025 | 2025-00046462 | |
| 30-09-2023 | abbreviated format | 05-03-2024 | 2024-00039120 | |
| 30-09-2022 | abbreviated format | 08-03-2023 | 2023-00036940 | |
| 30-09-2021 | abbreviated format | 25-03-2022 | 2022-08600046 | |
| 30-09-2020 | abbreviated format | 15-03-2021 | 2021-07500578 | |
| 30-09-2019 | abbreviated format | 23-10-2020 | 2020-63700473 | |
| 30-09-2018 | abbreviated format | 08-07-2019 | 2019-29900249 | |
| 30-09-2017 | abbreviated format | 08-05-2018 | 2018-12400374 | |
| 30-09-2016 | abbreviated format | 31-05-2017 | 2017-14300442 | |
| 30-09-2015 | abbreviated format | 06-04-2016 | 2016-09500451 | |
| 30-09-2014 | abbreviated format | 01-04-2015 | 2015-08700498 | |
| 30-09-2013 | abbreviated format | 30-04-2014 | 2014-11000264 | |
| 30-09-2012 | abbreviated format | 14-05-2013 | 2013-11800489 | |
| 30-09-2011 | abbreviated format | 26-04-2012 | 2012-09800073 | |
| 30-09-2010 | abbreviated format | 06-04-2011 | 2011-08000555 | |
| 30-09-2009 | abbreviated format | 01-04-2010 | 2010-08600364 | |
| 30-09-2008 | abbreviated format | 20-04-2009 | 2009-11400101 | |
| 30-09-2007 | abbreviated format | 01-04-2008 | 2008-09400321 | |
| 30-09-2006 | abbreviated format | 28-03-2007 | 2007-10002896 | |
| 30-09-2005 | abbreviated format | 30-03-2006 | 2006-09500401 | |
| 31-12-2003 | abbreviated format | 01-09-2004 | 2004-61800062 | |
| 31-12-2002 | abbreviated format | 20-06-2003 | 2003-25400099 | |
| 31-12-2001 | abbreviated format | 20-06-2002 | 2002-22300186 | |
| 31-12-2000 | abbreviated format | 15-06-2001 | 2001-21200020 | |
| 31-12-1999 | abbreviated format | 29-06-2000 | 2000-29700188 | |
| 31-12-1998 | abbreviated format | 18-10-1999 | 1999-53503046 | |
| 31-12-1997 | abbreviated format | 24-07-1998 | 1998-34903833 | |
| 31-12-1996 | abbreviated format | 02-09-1997 | 1997-40802594 | |
| 01-12-1995 | abbreviated format | 12-07-1996 | 1996-34001964 | |
| 31-12-1994 | abbreviated format | 20-07-1995 | 1995-41400082 | |
| 31-12-1993 | abbreviated format | 28-06-1994 | 1994-21501010 | |
| 31-12-1992 | abbreviated format | 04-05-1994 | 1994-07404282 | |
| 31-12-1991 | abbreviated format | 24-06-1992 | 1992-14004455 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -17,442 | -2,513 | -2,140 | 8,008 | -2,538 | 17,490 | 14 | -11 | 77 | 22 | -188 | 69 | -820 | -1,077 | 1,580 | -12,272 | 3,649 | -18,175 | - | ||
| 14,244 | - | - | 23,090 | 14,735 | 17,353 | -73,384 | -70,119 | -67,274 | -64,310 | -61,262 | -57,800 | -54,133 | -51,081 | -48,686 | -72,832 | 176,918 | 70,383 | 53,992 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.5% | ||
| 10.2% | 100.0% | 100.0% | 100.0% | 97.7% | 97.4% | - | - | - | - | - | - | - | - | - | 65.4% | 31.0% | 25.4% | -81.5% | ||
| 1.11 | - | - | - | 43.40 | 38.18 | - | - | - | - | - | - | - | - | - | 0.29 | 1.47 | 1.51 | 1.38 | ||
| 0.02 | - | - | - | 43.40 | 38.18 | - | - | - | - | - | - | - | - | - | 0.29 | 1.47 | 1.51 | 1.38 | ||
| 8.84 | - | - | 0.00 | 0.02 | 0.03 | - | - | - | - | - | - | - | - | - | 0.53 | 2.22 | 2.90 | - | ||
| -29.4% | -13.6% | -10.2% | 36.2% | -17.8% | -53.4% | - | - | - | - | - | - | - | - | - | 1.3% | 170.4% | 232.8% | - | ||
| -3.0% | -13.6% | -10.2% | 36.2% | -17.4% | -52.0% | - | - | - | - | - | - | - | - | - | 0.9% | 52.9% | 59.1% | 11.1% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 214 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 123 days |
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.
Insights on SUNCREST
The operating result for 2025 is a loss of €1,888, smaller than the loss of €2,077 in 2024.
Debt's share of the balance-sheet total is 89.8%.
Board & ownership
Board
1 director, 1 in day-to-day management, last change in 2021Director, permanent representative Herman Uytterpsprot
appointed by deed of 12-03-2021
listed in the 2025 annual accounts, filed on 10-03-2026
Marsanta
Managing director, permanent representative Bart Uyttersprot
appointed by deed of 12-03-2021
- Marsanta
Permanent representatives 2
Mandates through the years
5 names, the dashed line is todayMAKHZEN
Director
Director
Marsanta
Managing director
Managing director
Bart Uyttersprot
Director (not named in the articles)
Director (not named in the articles)
Herman Uyttersprot
Director (not named in the articles)
Director (not named in the articles)
Otreco
Director
Director
LeadershipBoardEarliermandate already running before its first mention
Mandates as a list
- MAKHZEN
- Director, until 14-08-2020
- Director, appointed by deed of 12-03-2021, still in office
- Marsanta
- Managing director, appointed by deed of 12-03-2021, still in office
- Bart Uyttersprot
- Director (not named in the articles), appointed by deed of 14-08-2020, until 12-03-2021
- Herman Uyttersprot
- Director (not named in the articles), appointed by deed of 14-08-2020, until 12-03-2021
- Otreco
- Director, until 27-06-2018
Control
Parent
Equity €8.7m
Loss €484,301 in 2025 (profit €42,733 in 2024)
Checked score 92
Source: accounts MakHzen 2025
100%
This company
SUNCREST
Equity €14,244
Loss €4,194 in 2025
Capital
- Contribution
- €17,500
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- MakHzen
- VARES RE
- Square Real Estate
Source: lists of holdings in the owners' accounts
Capital transactions
Capital over time
- 14-08-2020 Capital increase of €110,000 · to €234,000 · 110,000 new shares at €1 per share · in cash
- 14-08-2020 Capital reduction of €206,500 · to €27,500 · “incorporatie van verliezen”
Network & group
Holdings
own accounts to 30-09-2021This companySUNCREST1 holding, 1 country
accounts to 30-09-2021
Belgium 1 Equity Result
- BE Westhoek Planning66.67% -€24,168 result -€15,145
Source: list of holdings in its own 30-09-2021 accounts. Every holding stands with its own latest accounts.
Part of the group MakHzen Group, risk and exposureParent
MakHzen
Checked score 920431.761.054 · 100% of the shares · equity €8.7m · loss €484,301 (2025)
At the same address
Korte Keppestraat 7, 9320 Aalst · 20 other companies| VPK Group
establishment since 30-01-2017 · founded in 1935 |
total assets €956.3m (2025) 0400.313.852 |
| SBB BEDRIJFSDIENSTEN
establishment since 01-04-1980 · founded in 1980 |
534 FTE (2025) 0420.170.841 |
| SBB Gecertificeerde Accountants en Adviseurs
establishment since 24-12-1996 · founded in 1996 |
turnover €65.3m (2025) 0459.609.556 |
| RSM INTERAUDIT
establishment since 17-06-2016 · founded in 1988 · group Toelen Cats Dupont Koevoets group |
87 FTE (2025) 0436.391.122 |
| RSM INTERFIDUCIAIRE
establishment since 17-06-2016 · founded in 1991 · group Toelen Cats Dupont Koevoets group |
77 FTE (2025) 0442.616.443 |
| EEP HOLDING
establishment since 26-01-2021 · founded in 2021 |
total assets €13.1m (2025) 0762.490.472 |
| MakHzen
registered office since 19-08-1987 · founded in 1987 |
total assets €10.5m (2025) 0431.761.054 |
| interSERVICES
establishment since 03-05-2024 · founded in 1981 |
21 FTE (2025) 0422.005.527 |
| StorMen
registered office since 29-09-2016 · founded in 2016 · group MakHzen |
total assets €6.1m (2025) 0663.610.058 |
| Drop Office Building
registered office since 14-07-2014 · founded in 2014 |
total assets €4.5m (2025) 0555.949.659 |
Holdings through the years
2007 to 2021Connections & network
1 current directorThe network starts from the directors of SUNCREST. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
47 events since 1990Board
Filings
Financial
Establishments
Address
19901995200020052010201520202025
Deadline for the 2026 accounts: 30-04-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0441913786
Annual accounts 2025 filed PDFabbreviated format · 51 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 50 days before the deadline
2024
Registered office moved within ErembodegemNew registered office: Korte Keppestraat 7 bus 52 te 9320 Erembodegem · Previous registered office: KORTE KEPPESTRAAT 7 BUS 62 9320 EREMBODEGEM · Permanent representative: Bart Uyttersprot2 points ▸
- Registered-office move, Korte Keppestraat 7 bus 52 te 9320 Erembodegem
- Permanent representative, Bart Uyttersprot
- The deed holds 1 more point.
Annual accounts 2023 filed PDFabbreviated format · 56 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 53 days before the deadline
2022
Back to profit net €8,356 The net result is €8,356, after 11 loss-making years.
Annual accounts 2021 filed PDFabbreviated format · 36 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 46 days before the deadline
2 directors appointed, 2 resignationsResignations: Bart Uyttersprot and Herman Uyttersprot · Appointments: Makhzen and Marsanta (managing director) · Permanent representatives: Herman Uytterpsprot and Bart Uyttersprot · General meeting of 02-03-20217 points ▸
- General meeting, 02-03-2021
- Director resignation, Bart Uyttersprot
- Director resignation, Herman Uyttersprot
- Director appointment, Makhzen
- Permanent representative, Herman Uytterpsprot
- Director appointment, Marsanta (managing director)
- Permanent representative, Bart Uyttersprot
2020
Annual accounts 2019 filed PDFabbreviated format · 176 days late
Liquidity more than 21469 times current ratio 38.18 The current ratio rises from 0.00 to 38.18. Short-term debt falls from €73,515 to €467.
2 directors appointed, 1 resignationCapital from €124,000 to €234,000, 110,000 new shares · Capital after the decrease: €27,500 · Resignation: MAKHZEN · General meeting of 09-06-20209 points ▸
- General meeting, 09-06-2020
- Capital increase, €110,000
- Capital decrease, €206,500
- Legal-form conversion, from public limited company to private limited company
- Director resignation, MAKHZEN
- Director discharge, MAKHZEN
- Director appointment, Bart UYTTERSPROT (director (not named in the articles))
- Director appointment, Herman UYTTERSPROT (director (not named in the articles))
- Net-asset statement, 31-03-2020
- The deed holds 8 more points.
2019
Annual accounts 2018 filed PDFabbreviated format · 69 days late
Resignation: Otreco (director)Permanent representative: Etienne Declercq2 points ▸
- Director resignation, Otreco
- Permanent representative, Etienne Declercq
2018
Annual accounts 2017 filed PDFabbreviated format · 8 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 24 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 29 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · on the deadline day
2013
Annual accounts 2012 filed PDFabbreviated format · 14 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 4 days before the deadline
2011
Weakest financial year net -€241,854 The net result drops to -€241,854, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFabbreviated format · 24 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 29 days before the deadline
2009
Highest result from 2007 to 2025 net €434,599 ▲55.1% The operating result of €234,367 and the net result of €434,599 are both a record.
Equity above €200,000 equity €255,006 ▲112% With a profit in every financial year since 2007, equity grows to €255,006.
Annual accounts 2008 filed PDFabbreviated format · 10 days before the deadline
2008
Equity above €100,000 equity €120,408 With a profit in every financial year since 2007, equity grows to €120,408.
Annual accounts 2007 filed PDFabbreviated format · 29 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 33 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0441.913.786
- VAT number
- BE 0441.913.786
- Peppol ID
- 0208:0441913786
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-10-1990
- Financial year
- ends on 30 September
- Peppol
- Reachable since 27-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SUNCREST in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Korte Keppestraat 7 bus 62, 9320 Aalst (Erembodegem)”deed of 14-08-2020 (in Dutch)
Activities
NACEBEL 202568121
Development of residential building projects main activity
Codes under NACEBEL 2008
41101
Real estate development main activity
Codes under NACEBEL 2003
70111
main activity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Korte Keppestraat 7 registered office 9320 Aalst | ||
| Ninovesteenweg 190 9320 Aalst 7031 Activities of head offices; management consultancy activities | 28-11-1990 | 2.050.373.528 |
Buildings and parcels at the addresses
- Ground area
- 1.0 ha
- Buildings
- 1,076 m²
- Volume, LiDAR
- 5,295 m³
- Tallest building
- 13.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41342B0950/00M002 | 7,939 m² | 1 · 615 m² | 3.8 m |
| 41342B0950/00G002 | 2,382 m² | 1 · 460 m² | 13.2 m · 4 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0441.913.786