SunFreeConcept
ActiveSummary
SunFreeConcept has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,043 and a net result of -€4,063. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 95% of 9,787 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €100,043
- Loss
- -€4,063
- Estelle VOISINDirector
- Frédéric LEDANTManaging director
Why 95raises riskLoss of €4,063, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 919.25, cash €31,103Equity €100,043 (99.9% of total assets)Founded in 2010Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 90% on solvency, 88% on liquidity, 19% on profitability and 33% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 32 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Liquidity more than triplescurrent ratio 919.25
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00476286.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €3,873 in 2025 against €42,954 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,908 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,445 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% | 0.9% |
| 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 74.5% 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 6,908 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €50 | €229 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,512 | €1,626 | €1,945 | €1,945 | €1,076 | €755 | €622 | €417 | ▼ 32.9% |
| Other operating charges640/8 | - | - | - | €483 | €381 | €384 | €168 | - | - |
| Gross operating margin9900 | -€20,687 | -€33,063 | €16,201 | €4,835 | €4,510 | €43,560 | -€42,164 | -€3,455 | ▲ 91.8% |
| Operating profit (loss)9901 | -€45,762 | -€46,136 | €12,531 | €2,407 | €3,053 | €42,421 | -€42,954 | -€3,873 | ▲ 91.0% |
| Financial income75/76B | - | - | - | €5 | €0 | - | - | - | - |
| Recurring financial income75 | €86 | €1 | €0 | €5 | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €404 | €383 | €278 | €191 | €190 | ▼ 0.1% |
| Recurring financial charges65 | €496 | €427 | €431 | €404 | €383 | €278 | €191 | €190 | ▼ 0.1% |
| Profit (loss) for the period before taxes9903 | -€45,489 | -€37,884 | €12,101 | €2,008 | €2,670 | €42,144 | -€43,145 | -€4,063 | ▲ 90.6% |
| Income taxes67/77 | €1,076 | €233 | €50 | €1 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€46,566 | -€38,118 | €12,050 | €2,007 | €2,670 | €42,144 | -€43,145 | -€4,063 | ▲ 90.6% |
| Profit (loss) for the period to be appropriated9905 | -€46,566 | -€38,118 | €12,050 | €2,007 | €2,670 | €42,144 | -€43,145 | -€4,063 | ▲ 90.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €139,413 | €156,690 | €106,050 | €108,289 | €119,264 | €147,668 | €104,474 | €100,150 | ▼ 4.1% |
| Fixed assets21/28 | €6,411 | €4,785 | €4,673 | €2,728 | €1,652 | €2,075 | €2,125 | €1,708 | ▼ 19.6% |
| Intangible fixed assets21 | €1,867 | €1,285 | €704 | €123 | €46 | - | - | - | - |
| Tangible fixed assets22/27 | €4,144 | €3,099 | €3,569 | €2,205 | €1,206 | €1,675 | €1,725 | €1,308 | ▼ 24.2% |
| Furniture and vehicles24 | - | - | - | €816 | €544 | €1,391 | €1,488 | €1,118 | ▼ 24.9% |
| Other tangible fixed assets26 | - | - | - | €1,389 | €662 | €285 | €237 | €190 | ▼ 20.0% |
| Financial fixed assets28 | €400 | €400 | €400 | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €133,002 | €151,906 | €101,377 | €105,561 | €117,612 | €145,592 | €102,349 | €98,442 | ▼ 3.8% |
| Stocks and contracts in progress3 | €13,842 | €13,842 | €13,842 | €13,842 | €13,842 | €13,842 | - | - | - |
| Stocks30/36 | - | - | - | €13,842 | €13,842 | €13,842 | - | - | - |
| Amounts receivable within one year40/41 | €19,666 | €41,015 | €949 | €7,917 | €14,121 | €3,132 | €3,560 | €2,465 | ▼ 30.8% |
| Trade receivables40 | - | - | - | €6,374 | €14,106 | €2,989 | €3,560 | €2,329 | ▼ 34.6% |
| Other amounts receivable41 | - | - | - | €1,542 | €15 | €143 | - | €136 | - |
| Current investments50/53 | €64,875 | €64,875 | €64,875 | €64,875 | €64,875 | €64,875 | €64,875 | €64,875 | = |
| Cash at bank and in hand54/58 | €34,406 | €32,174 | €21,098 | €18,714 | €24,775 | €63,743 | €33,701 | €31,103 | ▼ 7.7% |
| Deferred charges and accrued income490/1 | - | - | - | €213 | - | - | €213 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €139,413 | €156,690 | €106,050 | €108,289 | €119,264 | €147,668 | €104,474 | €100,150 | ▼ 4.1% |
| Equity10/15 | €126,498 | €88,380 | €100,430 | €102,438 | €105,108 | €147,251 | €104,107 | €100,043 | ▼ 3.9% |
| Contributions10/11 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Capital10 | - | - | - | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Issued capital100 | - | - | - | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Reserves13 | €1,804 | €1,804 | €1,804 | €1,804 | €1,804 | €1,804 | €1,804 | €1,804 | = |
| Non-distributable reserves130/1 | - | - | - | €1,804 | €1,804 | €1,804 | €1,804 | €1,804 | = |
| Legal reserve130 | - | - | - | €1,804 | €1,804 | €1,804 | €1,804 | €1,804 | = |
| Profit (loss) carried forward14 | -€275,306 | -€313,424 | -€301,374 | -€299,366 | -€296,696 | -€254,553 | -€297,697 | -€301,761 | ▼ 1.4% |
| Amounts payable17/49 | €12,915 | €68,310 | €5,619 | €5,851 | €14,156 | €416 | €368 | €107 | ▼ 70.9% |
| Amounts payable within one year42/48 | €12,915 | €68,310 | €5,619 | €5,851 | €13,291 | €416 | €368 | €107 | ▼ 70.9% |
| Trade debts44 | €11,257 | €67,600 | €5,376 | €5,851 | €11,503 | €416 | €226 | €107 | ▼ 52.6% |
| Suppliers440/4 | - | - | - | €5,851 | €11,503 | €416 | €226 | €107 | ▼ 52.6% |
| Taxes, remuneration and social security45 | - | - | - | - | €1,788 | - | €142 | - | - |
| Taxes450/3 | - | - | - | - | €1,788 | - | €142 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €865 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€46,566 | -€38,118 | €12,050 | €2,007 | €2,670 | €42,144 | -€43,145 | -€4,063 | ▲ 90.6% |
| + Depreciation and write-downs630 | €3,512 | €1,626 | €1,945 | €1,945 | €1,076 | €755 | €622 | €417 | ▼ 32.9% |
| Operating cash flow (approximation) | -€43,054 | -€36,492 | €13,996 | €3,953 | €3,746 | €42,898 | -€42,523 | -€3,646 | ▲ 91.4% |
| Investment in fixed assets (approximation) | - | €0 | -€1,834 | €0 | €0 | -€1,178 | -€672 | €0 | - |
| Change in cash | - | -€2,232 | -€11,076 | -€2,384 | €6,060 | €38,969 | -€30,042 | -€2,599 | ▲ 91.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-08-2026 | 2026-00476286 |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00383078 |
| 31-12-2023 | micro format | 13-08-2024 | 2024-00346546 |
| 31-12-2022 | micro format | 26-08-2023 | 2023-00404697 |
| 31-12-2021 | micro format | 19-08-2022 | 2022-20326479 |
| 31-12-2020 | micro format | 25-08-2021 | 2021-53700452 |
| 31-12-2019 | micro format | 31-10-2020 | 2020-67000421 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-60300394 |
| 31-12-2017 | micro format | 24-09-2018 | 2018-64100003 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56000274 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Estelle VOISIN |
|
| Frédéric LEDANT |
|
| ECOJUMP SCS |
|
Owners and capital
Capital and shareholders
- 18-01-2024 Capital stated in the deed · €400,000 · 400 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-01
Gazette deed
Reappointments: Estelle VOISIN (director) and Frédéric LEDANT (director)Amendment of the articles · Director discharge · Power of attorney10 facts ▸
- General meeting, 19-12-2023
- Amendment of the articles (2 times)
- Director reappointment, Estelle VOISIN (director (not named in the articles))
- Director reappointment, Frédéric LEDANT (director (not named in the articles))
- Director discharge, Estelle VOISIN
- Director discharge, Frédéric LEDANT (2 times)
- Board meeting, 19-12-2023
- Director reappointment, Frédéric LEDANT (managing director)
- Power of attorney, Frédéric LEDANT
- Capital, €400,000
27-12
Gazette deed
Resignation: ECOJUMP SCS (director)Appointment: Estelle VOISIN (director)3 facts ▸
- General meeting, 21-11-2022
- Director resignation, ECOJUMP SCS (director)
- Director appointment, Estelle VOISIN (director)
Show earlier events
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21372D0323/00F000 | Brussels | 2,912 m² | 1 · 1,568 m² | 23.2 m · 6 |
| 62001B0164/00E000 | Wallonia | 1,548 m² | 1 · 117 m² | 7.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’étude,la création,le développement,la recherche,l’exportation,l’importation,l’achat,la vente,la location,l’exploitation,le…” (deed in French)
7 activities (deed in French)
- L’étude,la création,le développement,la recherche,l’exportation,l’importation,l’achat,la vente,la location,l’exploitation,le conseil,l’installation,l’expertise technique,l’entretien,l’assistance,de tout concept et de tout produit relatif à l’énergie renouvelable,l’énergie solaire et tout autre concept énergétique tels que:les panneaux photovoltaïques,les panneaux solaires,chauffe-eaux solaire,pompes à chaleur,éoliennes,produits éoliens,matériel et produits permettant la production d’énergie
- Elle pourra également créer et exploiter tout brevet et/ou licence de brevet se rapportant directement ou indirectement à son objet social
- Elle pourra préparer,rédiger et conclure,pour son propre compte ou comme mandataire,toutes conventions commerciales ou financières ainsi que tous marchés de travaux et de fournitures se rapportant directement ou indirectement à son objet social
- Elle peut notamment se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société,liée ou non
- Elle peut réaliser toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières,ayant un rapport direct ou indirect avec son objet social ou de nature à en favoriser la réalisation et le développement
- S’intéresser par voie d’apport,de souscription,de cession,de participation,de fusion,d’intervention financière ou autrement dans toutes sociétés,associations et entreprises,tant en Belgique qu’à l’étranger
- La société peut exercer la ou les fonctions d’administrateur,de gérant ou de liquidateur
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SunFreeConcept
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts,succursales Belgique et étranger par simple décision organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Article 12 - Cession et transmission des actions, cessions entre vifs et transmission pour cause de mort à titre gratuit comme à titre…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, comme en matière de modification aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque raison que ce soit et à n'importe quel moment, désignation des liquidateurs” (deed in French)1 more provision on this in the deed