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SUNFLOWER SOLUTIONS

Active
Private limited companyfounded 20224 yrs activeBrusselbaan 29, 9550 Herzele, BelgiumKBO/BCE: BE 0783.296.279

The computed 12-month bankruptcy probability of SUNFLOWER SOLUTIONS is 2.7% (moderate). The 2024 annual accounts show equity of €33k and a net result of €11k. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 36373 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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
Profitability89▲+14
Solvency73▲+19
Growth52=
Track record94
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.3 against 0.68 in 2023; short-term debt: 52.4% and cash: 63.6% of total assets), and 52.4% 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.
+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
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 →
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 2024
Solvency, return and age of the figures
Solvency
47.6%
Return on assets
15.8%
Age of the figures
21 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 30-01-2026, 183 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
183 d late
2023
548 d late
2022
245 d late
← before the deadline after the 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 2024, micro schema

Equity
€33k▲ 49.8%
2023 · €22k
2022: €19k 2023: €22k
2022 → 2024
Total assets
€70k▼ 8.6%
2023 · €76k
2022: €70k 2023: €76k
2022 → 2024
Net result
€11k▲ 212%
2023 · €4k
2022: €16k 2023: €4k
2022 → 2024
Working capital
€11k
2023 · €-17k
2022: €3k 2023: €-17k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€19k-€22k▲ 19.0%€33k▲ 49.8%
Operating result€20k-€7k▼ 64.1%€16k▲ 124%
Net result€16k-€4k▼ 77.4%€11k▲ 212%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2022: €20k€20kNet result 2022: €16k€16kOperating result 2023: €7k€7kNet result 2023: €4k€4kOperating result 2024: €16k€16kNet result 2024: €11k€11k202220232024
The operating result recovers in 2024; 2024 is 124% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €70k
Fixed assets €22k▼ 43.3%
Current assets €47k▲ 28.1%
Equity and liabilities €70k
Equity €33k▲ 49.8%
Debt €36k▼ 32.4%
The debt ratio falls from 71.0% to 52.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€31k
2023 · €17k
Cash flow
€26k
2023 · €13k
Solvency
47.6%
2023 · 29.0%
Current ratio
1.30
2023 · 0.68
Quick ratio
1.30
2023 · 0.68
Debt / equity
1.10
2023 · 2.44
ROE
33.2%
2023 · 15.9%
ROA
15.8%
2023 · 4.6%
Interest coverage
54.89
2023 · 37.08
Debt
€36k
2023 · €54k
Debt ≤ 1 year
€36k
2023 · €54k
Income taxes
€6k
2023 · €4k
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€76k€70k
Fixed assets21/28€39k€22k
Tangible fixed assets22/27€39k€22k
Plant, machinery and equipment23€4k€1k
Furniture and vehicles24€35k€21k
Current assets29/58€37k€47k
Amounts receivable within one year40/41€20k€3k
Trade receivables40€8k€3k
Other amounts receivable41€12k-
Cash at bank and in hand54/58€17k€44k
Equity and liabilities
Total equity and liabilities10/49€76k€70k
Equity10/15€22k€33k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€19k€30k
Amounts payable17/49€54k€36k
Amounts payable within one year42/48€54k€36k
Trade debts44€27k€10k
Suppliers440/4€27k€10k
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€20k€21k
Taxes450/3€14k€16k
Remuneration and social security454/9€6k€6k
Other amounts payable47/48€7k€3k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€15k
Other operating charges640/8€1k€5k
Non-recurring operating charges66A-€15
Gross operating margin9900€18k€36k
Operating profit (loss)9901€7k€16k
Financial income75/76B€282€2k
Recurring financial income75€282€2k
Financial charges65/66B€447€564
Recurring financial charges65€447€564
Profit (loss) for the period before taxes9903€7k€17k
Income taxes67/77€4k€6k
Profit (loss) for the period9904€4k€11k
Profit (loss) for the period to be appropriated9905€4k€11k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€30k
Profit (loss) brought forward from the previous period14P€16k€19k

The notes to these accounts (5 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

2026
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 183 days late
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 548 days late
2024
01-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 245 days late
2023
31-12
Financial Weakest financial yearnet €4k ▼77.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
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, Herzele · 1 establishment unit since 2022
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.

Brusselbaan 299550 Herzele
Ground area
127 m²
Building footprint
127 m²
Volume, LiDAR
892 m³
Parcel 41067B0833/00F000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SUNFLOWER SOLUTIONS
Brusselbaan 29, 9550 HerzeleManufacture of electrical equipment
since 20222.329.003.355
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41067B0833/00F000 Flanders 127 m² 1 · 127 m² 10.7 m · 3 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.

Similar companies · same sector, comparable size

Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,100 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-03-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
41001General construction of residential buildings
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43341Painting of buildings
43350Other building finishing work
43990Other specialised construction activities
43995Specialised construction activities
46180Agents specialised in the wholesale of other particular products
46842Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.