SUNFOOD
ActiveSummary
The computed 12-month bankruptcy probability of SUNFOOD is 3.7% (moderate). The 2024 annual accounts show equity of €45,400 and a net result of €1,892. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 18935 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability44▲+39
Solvency83▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.16 against 2.52 in 2023; short-term debt: 41.5% and cash: 10.3% of total assets), and 41.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
58.5%
Return on assets
2.4%
Age of the figures
21 mo
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
218 d late
2022
241 d late
2021
88 d late
2020
116 d late
2019
229 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 158 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2024, micro schema
Equity
€45,400▲ 4.3%
2023 · €43,508
Total assets
€77,628▲ 16.3%
2023 · €66,750
Net result
€1,892
2023 · -€7,546
Working capital
€37,234▲ 5.4%
2023 · €35,342
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,742▼ 28.0%€23,828▲ 402%€32,685▲ 37.2%-€5,290€5,649
Net result€4,481within the sector's middle half▼ 14.1%€21,927within the sector's middle half▲ 389%€23,230above the sector's middle half▲ 5.9%-€7,546within the sector's middle half€1,892within the sector's middle half
Equity€15,897within the sector's middle half▲ 39.3%€37,824within the sector's middle half▲ 138%€51,054within the sector's middle half▲ 35.0%€43,508within the sector's middle half▼ 14.8%€45,400within the sector's middle half▲ 4.3%
Total assets€24,107below the sector's middle half▲ 23.9%€48,569within the sector's middle half▲ 101%€77,642within the sector's middle half▲ 59.9%€66,750within the sector's middle half▼ 14.0%€77,628within the sector's middle half▲ 16.3%
Debt€8,209▲ 2.1%€10,745▲ 30.9%€26,588▲ 147%€23,242▼ 12.6%€32,228▲ 38.7%
Working capital€15,897within the sector's middle half▲ 39.3%€35,722within the sector's middle half▲ 125%€43,974above the sector's middle half▲ 23.1%€35,342within the sector's middle half▼ 19.6%€37,234within the sector's middle half▲ 5.4%
Solvency65.9%above the sector's middle half▲ 7.3pp77.9%above the sector's middle half▲ 11.9pp65.8%above the sector's middle half▼ 12.1pp65.2%above the sector's middle half▼ 0.6pp58.5%within the sector's middle half▼ 6.7pp
Current ratio2.94above the sector's middle half▲ 0.524.32above the sector's middle half▲ 1.392.65above the sector's middle half▼ 1.672.52above the sector's middle half▼ 0.132.16above the sector's middle half▼ 0.37
Return on assets (ROA)18.6%above the sector's middle half▼ 8.2pp45.1%above the sector's middle half▲ 26.6pp29.9%above the sector's middle half▼ 15.2pp-11.3%below the sector's middle half▼ 41.2pp2.4%within the sector's middle half▲ 13.7pp
Staff (FTE)1.1
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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: €5,649 after a loss of €5,290 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €77,628
Fixed assets
€8,166 =
Current assets
€69,462 ▲ 18.6%
Equity and liabilities €77,628
Equity
€45,400 ▲ 4.3%
Debt
€32,228 ▲ 38.7%
Debt's share of the balance-sheet total rises from 34.8% to 41.5%. Equity and debt are higher.
Key figures and ratios
Quick ratio
2.04▼
2023 · 2.47
Debt to equity
0.71▲
2023 · 0.53
ROE
4.2%▲
2023 · -17.3%
Debt ≤ 1 year
€32,228▲
2023 · €23,242
Income taxes
€2,822▲
2023 · €883
Staff costs
€12,324
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €243 | €1,203 | - | €12,324 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €280 | €1,691 | €2,389 | - | - |
| Other operating charges640/8 | - | €792 | €2,358 | €3,086 | €1,609 | ▼ 47.8% |
| Gross operating margin9900 | €9,295 | €25,143 | €37,937 | €185 | €19,582 | ▲ 10,492% |
| Operating profit (loss)9901 | €4,742 | €23,828 | €32,685 | -€5,290 | €5,649 | ▲ 207% |
| Financial charges65/66B | - | €20 | €50 | €1,373 | €935 | ▼ 31.9% |
| Recurring financial charges65 | €65 | €20 | €50 | €1,373 | €935 | ▼ 31.9% |
| Profit (loss) for the period before taxes9903 | €4,677 | €23,809 | €32,635 | -€6,663 | €4,714 | ▲ 171% |
| Income taxes67/77 | €196 | €1,882 | €9,405 | €883 | €2,822 | ▲ 219% |
| Profit (loss) for the period9904 | €4,481 | €21,927 | €23,230 | -€7,546 | €1,892 | ▲ 125% |
| Profit (loss) for the period to be appropriated9905 | €4,481 | €21,927 | €23,230 | -€7,546 | €1,892 | ▲ 125% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24,107 | €48,569 | €77,642 | €66,750 | €77,628 | ▲ 16.3% |
| Fixed assets21/28 | - | €2,102 | €7,080 | €8,166 | €8,166 | = |
| Tangible fixed assets22/27 | - | €1,602 | €6,580 | €7,666 | €7,666 | = |
| Plant, machinery and equipment23 | - | - | €4,375 | €4,412 | €4,412 | = |
| Furniture and vehicles24 | - | €1,602 | €2,205 | €3,255 | €3,255 | = |
| Financial fixed assets28 | - | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €24,107 | €46,467 | €70,562 | €58,584 | €69,462 | ▲ 18.6% |
| Stocks and contracts in progress3 | - | - | - | €1,250 | €3,870 | ▲ 210% |
| Stocks30/36 | - | - | - | €1,250 | €3,870 | ▲ 210% |
| Amounts receivable within one year40/41 | €17,805 | €28,092 | €45,725 | €37,037 | €49,497 | ▲ 33.6% |
| Trade receivables40 | - | - | €7,846 | €12,547 | €26,458 | ▲ 111% |
| Other amounts receivable41 | - | €28,092 | €37,879 | €24,490 | €23,040 | ▼ 5.9% |
| Cash at bank and in hand54/58 | €473 | €2,176 | €24,837 | €16,791 | €8,010 | ▼ 52.3% |
| Deferred charges and accrued income490/1 | - | €16,199 | - | €3,507 | €8,085 | ▲ 131% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24,107 | €48,569 | €77,642 | €66,750 | €77,628 | ▲ 16.3% |
| Equity10/15 | €15,897 | €37,824 | €51,054 | €43,508 | €45,400 | ▲ 4.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | €9,697 | €31,624 | €44,854 | €37,308 | €39,200 | ▲ 5.1% |
| Amounts payable17/49 | €8,209 | €10,745 | €26,588 | €23,242 | €32,228 | ▲ 38.7% |
| Amounts payable within one year42/48 | €8,209 | €10,745 | €26,588 | €23,242 | €32,228 | ▲ 38.7% |
| Financial debts43 | - | - | - | - | €903 | - |
| Credit institutions430/8 | - | - | - | - | €903 | - |
| Trade debts44 | €3,579 | €6,036 | €5,255 | €5,474 | €21,851 | ▲ 299% |
| Suppliers440/4 | - | €6,036 | €5,255 | €5,474 | €21,851 | ▲ 299% |
| Taxes, remuneration and social security45 | - | €4,708 | €21,333 | €17,768 | €9,474 | ▼ 46.7% |
| Taxes450/3 | - | €4,182 | €21,333 | €17,768 | €5,899 | ▼ 66.8% |
| Remuneration and social security454/9 | - | €527 | - | - | €3,575 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,481 | €21,927 | €23,230 | -€7,546 | €1,892 | ▲ 125% |
| + Depreciation and write-downs630 | - | €280 | €1,691 | €2,389 | - | - |
| Operating cash flow (approximation) | €4,481 | €22,206 | €24,920 | -€5,157 | €1,892 | ▲ 137% |
| Investment in fixed assets (approximation) | - | - | -€6,669 | -€3,475 | €0 | ▲ 100% |
| Change in cash | - | €1,703 | €22,661 | -€8,046 | -€8,781 | ▼ 9.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 218 days late
2024
31-12
Financial
Back to profitnet €1,892
Net result €1,892 after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 241 days late
2023
31-12
Financial
Weakest financial yearnet -€7,546
Net result drops to -€7,546, the lowest in the series; recovery starts the following year.
2022
31-12
Financial
Highest result since 2019net €23,230 ▲5.9%
Operating result €32,685, net result €23,230, both a record.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 229 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2018
Ground area
98 m²
Building footprint
77 m²
Volume, LiDAR
568 m³
Parcel 21818E0170/00F006, Brussels · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
SUNFOOD
since 20182.279.208.010
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818E0170/00F006 | Brussels | 98 m² | 1 · 77 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.279.208.010
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. 8,428 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0699770965
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.