SUNLIKE SYSTEMS
ActiveSUNLIKE SYSTEMS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5k and a net result of €1k. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+4
Solvency32▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 46
Relative position
BE, all sectors
reference
Sector 46
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 2024Solvency, return and age of the figures
Solvency
7.5%
Return on assets
1.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 10-10-2025, 71 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
65 d late
2022
68 d late
2021
297 d late
2020
395 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k▲ 27.2%
2023 · €4k
2018: €1k
2019: €9k
2020: €8k
2021: €8k
2022: €6k
2023: €4k
2018 → 2024
Total assets
€71k▼ 29.1%
2023 · €100k
2018: €77k
2019: €77k
2020: €76k
2021: €71k
2022: €91k
2023: €100k
2018 → 2024
Net result
€1k
2023 · €-1k
2018: €3k
2019: €8k
2020: €-1k
2021: €54
2022: €-3k
2023: €-1k
2018 → 2024
Working capital
€46k▼ 21.3%
2023 · €59k
2018: €65k
2019: €73k
2020: €58k
2021: €60k
2022: €57k
2023: €59k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€8k▲ 0.7%€6k▼ 31.8%€4k▼ 25.3%€5k▲ 27.2%
Operating result€-1k-€222€1k▲ 429%€2k▲ 58.4%€2k▲ 3.0%
Net result€-1k-€54€-3k€-1k▲ 45.8%€1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€2k▼ 59.0%
Current assets
€68k▼ 27.3%
Equity and liabilities €71k
Equity
€5k▲ 27.2%
Debt
€65k▼ 31.5%
The debt ratio falls from 95.8% to 92.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▲
2023 · €5k
Cash flow
€4k▲
2023 · €2k
Solvency
7.5%▲
2023 · 4.2%
Current ratio
3.12▲
2023 · 2.68
Quick ratio
2.70▲
2023 · 2.47
Debt / equity
12.37▼
2023 · 22.97
ROE
21.4%▲
2023 · -33.8%
ROA
1.6%▲
2023 · -1.4%
Interest coverage
13.91▼
2023 · 22.96
Debt
€65k▼
2023 · €96k
Debt ≤ 1 year
€22k▼
2023 · €35k
Debt > 1 year
€44k▼
2023 · €60k
Income taxes
€1k▼
2023 · €3k
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€100k€71k▼
Fixed assets21/28€6k€2k▼
Tangible fixed assets22/27€6k€2k▼
Plant, machinery and equipment23€2k€678▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€94k€68k▼
Stocks and contracts in progress3€7k€9k▲
Stocks30/36€7k€9k▲
Amounts receivable within one year40/41€86k€59k▼
Trade receivables40€37k€19k▼
Other amounts receivable41€49k€40k▼
Cash at bank and in hand54/58€410€0▼
Deferred charges and accrued income490/1€407€150▼
Equity and liabilities
Total equity and liabilities10/49€100k€71k▼
Equity10/15€4k€5k▲
Contributions10/11€14k€14k=
Profit (loss) carried forward14€-9k€-8k▲
Amounts payable17/49€96k€65k▼
Amounts payable after more than one year17€60k€44k▼
Financial debts170/4€60k€44k▼
Amounts payable within one year42/48€35k€22k▼
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€29k€12k▼
Suppliers440/4€29k€12k▼
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€4k▼
Remuneration and social security454/9-€605
Other amounts payable47/48€637€637=
Accrued charges and deferred income492/3€482€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€4k€3k▼
Gross operating margin9900€9k€9k▼
Operating profit (loss)9901€2k€2k▲
Financial income75/76B€10€655▲
Recurring financial income75€10€655▲
Financial charges65/66B€225€375▲
Recurring financial charges65€225€375▲
Profit (loss) for the period before taxes9903€2k€2k▲
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€-1k€1k▲
Profit (loss) for the period to be appropriated9905€-1k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-8k▲
Profit (loss) brought forward from the previous period14P€-8k€-9k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 68 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 297 days late
2022
31-12
Financial
Weakest financial yearnet €-3k ▼4912%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 395 days late
2021
31-12
Financial
Back to profitnet €54
Net result €54 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 25.70
Current ratio from 8.21 to 25.70; short-term debt falls from €8k to €2k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 205 days late
2019
31-12
Financial
Highest result since 2018net €8k ▲150%
Operating result €9k, net result €8k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 23.97
Current ratio from 6.65 to 23.97; short-term debt falls from €11k to €3k.
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 115 days late
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 366 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortrijk · 1 establishment unit since 2013
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.
Vierschaarstraat(KOR) 178500 KortrijkGround area
108 m²
Building footprint
72 m²
Volume, LiDAR
579 m³
Parcel 34354C0232/00N009, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sunlike Systems
since 20132.215.964.109
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0232/00N009 | Flanders | 108 m² | 1 · 72 m² | 11.2 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.
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Of 473 companies in sector 46842 we hold annual accounts for 346. 43 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2013
Fiscal year end31-12
Activities, NACEBEL
46842Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.