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SunElektro

Active
Private limited companyfounded 201114 yrs activeZonnestraat (W.-P.) 35, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0840.078.594

SunElektro has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €847k and a net result of €42k. Equity is growing by ~84.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-28
Solvency85▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.23 against 4.58 in 2024; short-term debt: 24% and cash: 9% of total assets), and 40.2% 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 riskneutral
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59.8%
Return on assets
3%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
3 d early
2023
on the day
2022
on the day
2021
28 d late
2020
15 d late
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€847k▲ 3.4%
2024 · €819k
2019: €35k 2020: €47k 2021: €118k 2022: €191k 2023: €527k 2024: €819k
2019 → 2025
Total assets
€1.42M▲ 39.9%
2024 · €1.01M
2019: €317k 2020: €291k 2021: €332k 2022: €507k 2023: €1.08M 2024: €1.01M
2019 → 2025
Net result
€42k▼ 86.6%
2024 · €313k
2019: €10k 2020: €13k 2021: €71k 2022: €73k 2023: €337k 2024: €313k
2019 → 2025
Working capital
€757k▲ 29.9%
2024 · €583k
2019: €28k 2020: €39k 2021: €57k 2022: €123k 2023: €378k 2024: €583k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€118k-€191k▲ 61.3%€527k▲ 176%€819k▲ 55.3%€847k▲ 3.4%
Operating result€121k-€109k▼ 10.2%€500k▲ 358%€456k▼ 8.7%€76k▼ 83.3%
Net result€71k-€73k▲ 2.4%€337k▲ 364%€313k▼ 7.1%€42k▼ 86.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €121k€121kNet result 2021: €71k€71kOperating result 2022: €109k€109kNet result 2022: €73k€73kOperating result 2023: €500k€500kNet result 2023: €337k€337kOperating result 2024: €456k€456kNet result 2024: €313k€313kOperating result 2025: €76k€76kNet result 2025: €42k€42k20212022202320242025
The operating result has fallen two years in a row; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets €319k▲ 19.7%
Current assets €1.10M▲ 47.1%
Equity and liabilities €1.42M
Equity €847k▲ 3.4%
Debt €568k▲ 195%
The debt ratio rises from 19.0% to 40.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€153k
2024 · €508k
Cash flow
€118k
2024 · €364k
Solvency
59.8%
2024 · 81.0%
Current ratio
3.23
2024 · 4.58
Quick ratio
2.28
2024 · 3.85
Debt / equity
0.67
2024 · 0.23
ROE
4.9%
2024 · 38.2%
ROA
3.0%
2024 · 30.9%
Interest coverage
9.18
2024 · 14.62
Debt
€568k
2024 · €192k
Debt ≤ 1 year
€340k
2024 · €163k
Debt > 1 year
€41k
2024 · €20k
Income taxes
€20k
2024 · €118k
Staff costs
€476k
2024 · €368k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.01M€1.42M
Fixed assets21/28€266k€319k
Intangible fixed assets21€1k€4k
Tangible fixed assets22/27€265k€315k
Land and buildings22€78k€68k
Plant, machinery and equipment23€18k€81k
Furniture and vehicles24€169k€166k
Current assets29/58€745k€1.10M
Stocks and contracts in progress3€119k€323k
Stocks30/36€119k€210k
Contracts in progress37-€113k
Amounts receivable within one year40/41€247k€493k
Trade receivables40€155k€386k
Other amounts receivable41€92k€106k
Current investments50/53€108k€108k=
Cash at bank and in hand54/58€269k€128k
Deferred charges and accrued income490/1€2k€45k
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.42M
Equity10/15€819k€847k
Contributions10/11€19k€19k=
Reserves13€801k€828k
Non-distributable reserves130/1€108k€108k=
Own shares acquired1312€108k€108k=
Distributable reserves133€693k€720k
Amounts payable17/49€192k€568k
Amounts payable after more than one year17€20k€41k
Financial debts170/4€20k€41k
Amounts payable within one year42/48€163k€340k
Current portion of amounts payable after more than one year42€10k€64k
Financial debts43-€75k
Credit institutions430/8-€75k
Trade debts44€102k€130k
Suppliers440/4€102k€130k
Taxes, remuneration and social security45€29k€42k
Remuneration and social security454/9€29k€42k
Other amounts payable47/48€22k€28k
Accrued charges and deferred income492/3€10k€188k
Income statement Code20242025
Remuneration, social security and pensions62€368k€476k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€76k
Other operating charges640/8€6k€4k
Gross operating margin9900€882k€632k
Operating profit (loss)9901€456k€76k
Financial income75/76B€10k€3k
Recurring financial income75€10k€3k
Financial charges65/66B€35k€17k
Recurring financial charges65€35k€17k
Profit (loss) for the period before taxes9903€431k€62k
Income taxes67/77€118k€20k
Profit (loss) for the period9904€313k€42k
Profit (loss) for the period to be appropriated9905€313k€42k
Appropriation of the result
Profit (loss) to be appropriated9906€313k€42k
Transfer from equity791/2-€14k
Transfer to equity691/2€292k€42k
To other reserves6921€292k€42k
Profit to be distributed694/7€21k€14k
Directors or managers695€21k€14k
Social balance
Average headcount (FTE)90876.16.5

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Liquidity triplescurrent ratio 4.58
Current ratio from 1.73 to 4.58; short-term debt falls from €521k to €163k.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Highest result since 2019net €337k ▲364%
Operating result €500k, net result €337k, both a record.
30-06
Financial Equity above €500kEq €527k ▲176%
5 profitable years in a row build equity to €527k.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Equity above €150kEq €191k ▲61.3%
4 profitable years in a row build equity to €191k.
28-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
30-06
Financial Equity above €100kEq €118k ▲149%
3 profitable years in a row build equity to €118k.
15-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
27-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
28-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Wortegem-Petegem · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Zonnestraat (W.-P.) 359790 Wortegem-Petegem
Ground area
3,029 m²
Building footprint
360 m²
Volume, LiDAR
1,264 m³
Parcel 45039A0597/00E000, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Zonnestraat (W.-P.) 35, 9790 Wortegem-Petegem
Manufacture of electrical equipment
since 20112.203.067.463
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45039A0597/00E000 Flanders 3,029 m² 1 · 360 m² 4.8 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 51,870 EUR awarded · 32,627 EUR paid
Year Entries awardedpaid
2025 3 2,052 EUR15,275 EUR
2024 2 47,343 EUR14,878 EUR
2023 1 1,085 EUR1,394 EUR
2022 1 1,390 EUR1,080 EUR
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
3 entries · 43,500 EUR · 25,000 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 8,370 EUR · 7,627 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 5,157 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-10-2011
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.