SUNELEC
ActiveSUNELEC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115k and a net result of €5k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-27
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 5.79 against 5.2 in 2023; short-term debt: 14.4% and cash: 69.5% of total assets), and 21.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
48 d early
2022
61 d early
2021
41 d early
2020
47 d early
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€115k▼ 16.0%
2023 · €137k
2018: €75k
2019: €89k
2020: €89k
2021: €90k
2022: €103k
2023: €137k
2018 → 2024
Total assets
€147k▼ 12.2%
2023 · €168k
2018: €94k
2019: €137k
2020: €116k
2021: €122k
2022: €162k
2023: €168k
2018 → 2024
Net result
€5k▼ 88.9%
2023 · €45k
2018: €13k
2019: €14k
2020: €388
2021: €376
2022: €13k
2023: €45k
2018 → 2024
Working capital
€101k▼ 10.4%
2023 · €113k
2018: €72k
2019: €83k
2020: €60k
2021: €60k
2022: €113k
2023: €113k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€89k-€90k▲ 0.4%€103k▲ 15.0%€137k▲ 33.0%€115k▼ 16.0%
Operating result€4k-€2k▼ 38.3%€22k▲ 815%€69k▲ 208%€8k▼ 87.7%
Net result€388-€376▼ 3.2%€13k▲ 3,477%€45k▲ 231%€5k▼ 88.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €147k
Fixed assets
€25k▼ 10.5%
Current assets
€123k▼ 12.6%
Equity and liabilities €147k
Equity
€115k▼ 16.0%
Debt
€32k▲ 4.6%
The debt ratio rises from 18.2% to 21.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12k▼
2023 · €72k
Cash flow
€9k▼
2023 · €48k
Solvency
78.3%▼
2023 · 81.8%
Current ratio
5.79▲
2023 · 5.20
Quick ratio
5.35▲
2023 · 4.87
Debt / equity
0.28▲
2023 · 0.22
ROE
4.3%▼
2023 · 32.5%
ROA
3.3%▼
2023 · 26.6%
Interest coverage
51.67▼
2023 · 207.76
Debt
€32k▲
2023 · €30k
Debt ≤ 1 year
€21k▼
2023 · €27k
Income taxes
€3k▼
2023 · €24k
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€168k€147k▼
Fixed assets21/28€27k€25k▼
Tangible fixed assets22/27€27k€24k▼
Land and buildings22€20k€19k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€135€135=
Current assets29/58€140k€123k▼
Stocks and contracts in progress3€9k€9k▲
Stocks30/36€9k€9k▲
Amounts receivable within one year40/41€15k€6k▼
Trade receivables40€9k€4k▼
Other amounts receivable41€7k€2k▼
Cash at bank and in hand54/58€113k€102k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€168k€147k▼
Equity10/15€137k€115k▼
Contributions10/11€6k€6k=
Reserves13€106k€84k▼
Tax-exempt reserves132€2k€2k=
Distributable reserves133€104k€82k▼
Profit (loss) carried forward14€25k€25k=
Amounts payable17/49€30k€32k▲
Amounts payable within one year42/48€27k€21k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€86-
Taxes450/3€86-
Other amounts payable47/48€22k€18k▼
Accrued charges and deferred income492/3€4k€11k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€74k€15k▼
Operating profit (loss)9901€69k€8k▼
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€348€241▼
Recurring financial charges65€348€241▼
Profit (loss) for the period before taxes9903€68k€8k▼
Income taxes67/77€24k€3k▼
Profit (loss) for the period9904€45k€5k▼
Profit (loss) for the period to be appropriated9905€45k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€30k▼
Profit (loss) brought forward from the previous period14P€25k€25k=
Transfer from equity791/2€11k€27k▲
Transfer to equity691/2€45k€5k▼
To other reserves6921€45k€5k▼
Profit to be distributed694/7€11k€27k▲
Return on contributions (dividend)694€11k€27k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €45k ▲231%
Operating result €69k, net result €45k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 5.80
Current ratio from 2.89 to 5.80; short-term debt falls from €32k to €24k.
31-12
Financial
Equity above €100kEq €103k ▲15%
5 profitable years in a row build equity to €103k.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €376 ▼3.2%
Net result drops to €376, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Geer · 2 establishment units since 2009
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.
Rue de la Forge(OM) 94252 GeerGround area
1,747 m²
Building footprint
210 m²
Volume, LiDAR
604 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
SUNELEC
since 20092.176.751.957
Rue Joseph Delmotte 52, 4340 Awans
since 20142.318.158.161
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64055A0265/00G000 | Wallonia | 917 m² | 1 · 140 m² | - |
| 62039A0337/00H000 | Wallonia | 831 m² | 1 · 70 m² | 9.9 m · 3 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.
Similar companies · same sector, comparable size
Kaya’s Technics
BE 0821.103.317
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MDAutomElec
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THONON MARC
BE 0884.884.280
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Klusbedrijf Lemmens
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,766 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
33140Repair and maintenance of electrical equipment
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0495/56.42.53