Sunlogics
Open bankruptcySummary
A bankruptcy procedure is open for Sunlogics according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €416k and a net result of €122k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 15-03-2024, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
46 d early
2022
5 d early
2021
10 d late
2020
on the day
2019
70 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€416k▲ 41.3%
2022 · €294k
2019: €168k
2020: €199k
2021: €216k
2022: €294k
2019 → 2023
Total assets
€2.68M▼ 36.6%
2022 · €4.22M
2019: €929k
2020: €1.82M
2021: €1.25M
2022: €4.22M
2019 → 2023
Net result
€122k▲ 54.4%
2022 · €79k
2019: €16k
2020: €181k
2021: €16k
2022: €79k
2019 → 2023
Working capital
€411k▲ 335%
2022 · €94k
2019: €6k
2020: €99k
2021: €181k
2022: €94k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€168k-€199k▲ 18.6%€216k▲ 8.2%€294k▲ 36.5%€416k▲ 41.3%
Operating result€58k-€225k▲ 288%€36k▼ 83.9%€154k▲ 328%€110k▼ 28.9%
Net result€16k-€181k▲ 1,001%€16k▼ 91.0%€79k▲ 383%€122k▲ 54.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 29% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.68M
Fixed assets
€564k ▲ 54.9%
Current assets
€2.11M ▼ 45.2%
Equity and liabilities €2.68M
Equity
€416k ▲ 41.3%
Debt
€2.26M ▼ 42.4%
Debt's share of the balance-sheet total falls from 93.0% to 84.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€202k▼
2022 · €218k
Cash flow
€213k▲
2022 · €142k
Current ratio
1.24▲
2022 · 1.03
Quick ratio
0.71▲
2022 · 0.48
Debt to equity
5.43▼
2022 · 13.33
ROE
29.2%▲
2022 · 26.7%
ROA
4.5%▲
2022 · 1.9%
Interest coverage
4.79▼
2022 · 12.76
Debt ≤ 1 year
€1.70M▼
2022 · €3.76M
Debt > 1 year
€560k▲
2022 · €162k
Income taxes
€58k▲
2022 · €51k
Staff costs
€1.06M▲
2022 · €824k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 55 lines
Balance sheet
Code20222023
Assets
Total assets20/58€4.22M€2.68M▼
Fixed assets21/28€364k€564k▲
Tangible fixed assets22/27€364k€564k▲
Land and buildings22€208k€407k▲
Plant, machinery and equipment23€19k€11k▼
Furniture and vehicles24€137k€146k▲
Current assets29/58€3.85M€2.11M▼
Stocks and contracts in progress3€2.06M€913k▼
Stocks30/36€2.06M€913k▼
Amounts receivable within one year40/41€1.72M€1.12M▼
Trade receivables40€1.47M€939k▼
Other amounts receivable41€251k€181k▼
Cash at bank and in hand54/58€70k-
Deferred charges and accrued income490/1-€80k
Equity and liabilities
Total equity and liabilities10/49€4.22M€2.68M▼
Equity10/15€294k€416k▲
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€267k€389k▲
Amounts payable17/49€3.92M€2.26M▼
Amounts payable after more than one year17€162k€560k▲
Financial debts170/4€161k€558k▲
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€3.76M€1.70M▼
Current portion of amounts payable after more than one year42€34k€164k▲
Financial debts43€207k€224k▲
Credit institutions430/8€207k€224k▲
Trade debts44€887k€647k▼
Suppliers440/4€887k€647k▼
Advances received on contracts in progress46€1.97M€385k▼
Taxes, remuneration and social security45€461k€252k▼
Taxes450/3€347k€113k▼
Remuneration and social security454/9€114k€139k▲
Other amounts payable47/48€201k€29k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20222023
Remuneration, social security and pensions62€824k€1.06M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€92k▲
Other operating charges640/8€8k€5k▼
Gross operating margin9900€1.05M€1.27M▲
Operating profit (loss)9901€154k€110k▼
Financial income75/76B-€157k
Recurring financial income75-€7k
Non-recurring financial income76B-€150k
Financial charges65/66B€24k€87k▲
Recurring financial charges65€17k€42k▲
Non-recurring financial charges66B€7k€45k▲
Profit (loss) for the period before taxes9903€130k€180k▲
Income taxes67/77€51k€58k▲
Profit (loss) for the period9904€79k€122k▲
Profit (loss) for the period to be appropriated9905€79k€122k▲
Appropriation of the result
Profit (loss) to be appropriated9906€267k€389k▲
Profit (loss) brought forward from the previous period14P€188k€267k▲
Social balance
Average headcount (FTE)908714.418.4▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · SUNLOGICS BV IQ-PARK- LAAN 2/D, 3650 LANKLAAR · event 30-06-2025
2024
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
30-09
Financial
Weakest financial yearnet €16k ▼91%
Net result drops to €16k, the lowest in the series.
30-09
Financial
Equity above €200kEq €216k ▲8.2%
3 profitable years in a row build equity to €216k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2019net €181k ▲1001%
Operating result €225k, net result €181k, both a record.
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
18-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Dilsen-Stokkem · 1 establishment unit since 2021
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.
IQ-Parklaan 23650 Dilsen-StokkemGround area
827 m²
Building footprint
482 m²
Parcel 73043B1401/00M002, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
IQ-Parklaan 2, 3650 Dilsen-Stokkem
since 20212.315.243.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043B1401/00M002 | Flanders | 827 m² | 1 · 482 m² | 0.1 m |
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTOF KROL PRINS BISSCHOPSSINGEL 11,
3500 HASSELT |
30-06-2025 → present |
| Curator | GERTJAN CUPERS PRINS BISSCHOPSSINGEL 11, 3500 HASSELT- g.cupers@exacto-
advocaten.be |
30-06-2025 → present |
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 5,880 EUR awarded · 5,880 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,250 EUR | 2,250 EUR |
| 2023 | 1 | 3,630 EUR | 3,630 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 262 companies in sector 27110 we hold annual accounts for 173. 123 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2008
Fiscal year end30-09
Activities, NACEBEL 2025
27110Manufacture of electrical equipment
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43410Roofing work
80090Investigation and security activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.