Sundust Academy
ActiveSundust Academy has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €2k. Equity is shrinking by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 3020 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+77
Solvency50▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.17 against 0.96 in 2023; short-term debt: 74.5% and cash: 30.9% of total assets), and 74.5% of the assets are financed with debt.
Credit advice for your own amount and term
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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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 2024Solvency, return and age of the figures
Solvency
25.5%
Return on assets
6.6%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-04-2026, 270 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
270 d late
2023
295 d late
2022
457 d late
2021
78 d late
2020
86 d late
2019
82 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€7k▲ 34.8%
2023 · €5k
2018: €28k
2019: €40k
2020: €40k
2021: €50k
2022: €13k
2023: €5k
2018 → 2024
Total assets
€28k▲ 5.9%
2023 · €27k
2018: €106k
2019: €118k
2020: €118k
2021: €165k
2022: €53k
2023: €27k
2018 → 2024
Net result
€2k
2023 · €-7k
2018: €11k
2019: €12k
2020: €12k
2021: €19k
2022: €-37k
2023: €-7k
2018 → 2024
Working capital
€4k
2023 · €-853
2018: €48k
2019: €46k
2020: €46k
2021: €45k
2022: €8k
2023: €-853
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€50k▲ 23.1%€13k▼ 74.8%€5k▼ 57.3%€7k▲ 34.8%
Operating result€21k-€24k▲ 10.1%€-35k€-6k▲ 81.7%€2k
Net result€12k-€19k▲ 53.6%€-37k€-7k▲ 80.7%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €28k
Fixed assets
€4k▼ 40.3%
Current assets
€25k▲ 19.8%
Equity and liabilities €28k
Equity
€7k▲ 34.8%
Debt
€21k▼ 1.3%
The debt ratio falls from 80.0% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▲
2023 · €-4k
Cash flow
€4k▲
2023 · €-5k
Solvency
25.5%▲
2023 · 20.0%
Current ratio
1.17▲
2023 · 0.96
Quick ratio
1.17▲
2023 · 0.96
Debt / equity
2.93▼
2023 · 4.00
ROE
25.8%▲
2023 · -134.4%
ROA
6.6%▲
2023 · -26.9%
Interest coverage
24.04▲
2023 · -2.00
Debt
€21k▼
2023 · €21k
Debt ≤ 1 year
€21k▼
2023 · €21k
Income taxes
€140
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€27k€28k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€2k€900▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€21k€25k▲
Amounts receivable within one year40/41€13k€11k▼
Trade receivables40€4k€5k▲
Other amounts receivable41€9k€6k▼
Cash at bank and in hand54/58€7k€9k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€27k€28k▲
Equity10/15€5k€7k▲
Contributions10/11€19k€19k=
Reserves13€22k€22k=
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€2k€2k=
Other1319€7k€7k=
Tax-exempt reserves132€13k€13k=
Profit (loss) carried forward14€-35k€-34k▲
Amounts payable17/49€21k€21k▼
Amounts payable within one year42/48€21k€21k▼
Current portion of amounts payable after more than one year42-€5k
Trade debts44€5k€532▼
Suppliers440/4€5k€532▼
Taxes, remuneration and social security45€17k€16k▼
Taxes450/3€17k€16k▼
Income statement
Code20232024
Remuneration, social security and pensions62€273-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-2k€6k▲
Operating profit (loss)9901€-6k€2k▲
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€2k€195▼
Recurring financial charges65€2k€195▼
Profit (loss) for the period before taxes9903€-7k€2k▲
Income taxes67/77-€140
Profit (loss) for the period9904€-7k€2k▲
Profit (loss) for the period to be appropriated9905€-7k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-34k▲
Profit (loss) brought forward from the previous period14P€-28k€-35k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 270 days late
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 295 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 457 days late
2022
31-12
Financial
Weakest financial yearnet €-37k ▼295%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Highest result since 2018net €19k ▲53.6%
Operating result €24k, net result €19k, both a record.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 44 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jan Van Rijswijcklaan 2772020 AntwerpenGround area
4,881 m²
Building footprint
432 m²
Volume, LiDAR
4,924 m³
2 parcels, Flanders · tallest building 25.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
IJskelderstraat 12, 2660 Antwerpen
since 19942.066.762.073
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11383B0280/00F002 | Flanders | 4,617 m² | 1 · 260 m² | 9.8 m · 2 fl. |
| 11809I2311/00G002 | Flanders | 264 m² | 1 · 172 m² | 25.2 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 3,290 companies in sector 93110 we hold annual accounts for 1,492. 490 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-1994
Fiscal year end31-12
Activities, NACEBEL
92611
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.sundustacademy.com
E-mail:sundustacademy@gmail.com