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SUNITER

Active
Private limited companyfounded 2024active for 2 yearsLouizalaan 500, 1050 Elsene, BelgiumKBO/BCE: BE 1006.396.279

Financials · financial year 2024, micro format

2024 annual accounts filed 92 days after the deadline Filed on 31 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00556890.

Annual accounts 2024 filed on 31-10-2025 PDF

Equity
-€832
Total assets
€6,988
Net result
-€2,832
Working capital
-€832

Turnover and EBIT margin are not published. The micro format does not require them.

Key figures and ratios
2024 value
Solvency
-11.9%
Current ratio
0.89
ROA
-40.5%
Debt
€7,820
Debt ≤ 1 year
€7,820
The equity ratios are withheld because equity of -€832 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet Code2024
Assets
Total assets20/58€6,988
Current assets29/58€6,988
Amounts receivable within one year40/41€6,988
Trade receivables40€3,528
Other amounts receivable41€3,460
Equity and liabilities
Total equity and liabilities10/49€6,988
Equity10/15-€832
Contributions10/11€2,000
Profit (loss) carried forward14-€2,832
Amounts payable17/49€7,820
Amounts payable within one year42/48€7,820
Financial debts43€2
Credit institutions430/8€2
Trade debts44€7,108
Suppliers440/4€7,108
Taxes, remuneration and social security45€700
Taxes450/3€700
Other amounts payable47/48€10
Income statement Code2024
Other operating charges640/8€1,087
Gross operating margin9900-€1,711
Operating profit (loss)9901-€2,798
Financial charges65/66B€34
Recurring financial charges65€34
Profit (loss) for the period before taxes9903-€2,832
Profit (loss) for the period9904-€2,832
Profit (loss) for the period to be appropriated9905-€2,832
Appropriation of the result
Profit (loss) to be appropriated9906-€2,832

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 31-10-2025.

Line2024
Other operating charges640/8€1,087
Gross operating margin9900-€1,711
Operating profit (loss)9901-€2,798
Financial charges65/66B€34
Recurring financial charges65€34
Profit (loss) for the period before taxes9903-€2,832
Profit (loss) for the period9904-€2,832
Profit (loss) for the period to be appropriated9905-€2,832
Line2024
Assets
Total assets20/58€6,988
Current assets29/58€6,988
Amounts receivable within one year40/41€6,988
Trade receivables40€3,528
Other amounts receivable41€3,460
Equity and liabilities
Total equity and liabilities10/49€6,988
Equity10/15-€832
Contributions10/11€2,000
Profit (loss) carried forward14-€2,832
Amounts payable17/49€7,820
Amounts payable within one year42/48€7,820
Financial debts43€2
Credit institutions430/8€2
Trade debts44€7,108
Suppliers440/4€7,108
Taxes, remuneration and social security45€700
Taxes450/3€700
Other amounts payable47/48€10
Line2024
Profit (loss) for the period9904-€2,832
Operating cash flow (approximation)-€2,832

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,639 companies had the same profile as SUNITER has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
84.8% was still going
5.6% stopped otherwise
8.8% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SUNITER itself: 7.4% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,639 companies, not a prediction for SUNITER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 31-10-2025 2025-00556890 PDF

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