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IQ-Parklaan 2 ·3650 Dilsen-Stokkem, Belgium
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BE 0897.509.623
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Turnover
EBIT margin
Net result€122k+54.4%
Working capital€411k+335.2%
Directors2
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Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 15-03-2024 with the NBB · fiscal year 2023 · verkort
€0€50k€100k€150kOperating result 2019: €58k€58kNet result 2019: €141k€141kOperating result 2021: €36k€36kNet result 2021: €16k€16kOperating result 2022: €154k€154kNet result 2022: €79k€79kOperating result 2023: €110k€110kNet result 2023: €122k€122k2019202120222023
Operating resultNet result
EBITDA
€202k
-7.4% +39% vs sector
Net profit
€122k
+54.4% +134% vs sector
Cash flow
€213k
+50.2% +87% vs sector
Total assets
€2.68M
-36.6% +137% vs sector
Equity
€416k
+41.3% +34% vs sector
Working capital
€411k
+335.2% +67% vs sector
Employees (FTE)
18
+27.8% +608% vs sector
Staff costs
€1.06M
+29.3% +519% vs sector
Income taxes
€58k
+12.8% +138% vs sector
Debt
€2.26M
-42.4% +176% vs sector
Debt ≤ 1y
€1.70M
-54.8% +282% vs sector
Debt > 1y
€560k
+244.8% +10% vs sector
Current ratio
1.24
+21.1% -22% vs sector
Quick ratio
0.71
+47.8% -30% vs sector
Solvency
15.5%
+122.7% -43% vs sector
Debt / equity
5.43
-59.2% +106% vs sector
ROE
29.2%
+9.3% +113% vs sector
ROA
4.5%
+143.3% +107% vs sector
Interest coverage
4.79
-62.5% +95% vs sector
Figures by fiscal year
Fiscal year2023
Revenue
EBITDA€202k
Net profit€122k
Cash flow€213k
Staff costs€1.06M
Income taxes€58k
Dividends
Total assets€2.68M
Equity€416k
Debt€2.26M
of which ≤ 1y€1.70M
of which > 1y€560k
Working capital€411k
Employees (FTE)18.4
Ratios (computed)
2023
Current ratio1.24
Quick ratio0.71
Working capital ratio15.4%
Solvency15.5%
Debt / equity5.43
Long-term debt ratio1.34
Interest coverage4.79
Gross margin
Net margin
ROA4.5%
ROE29.2%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€2.68M
Fixed assets 21/28€564k
Tangible fixed assets 22/27€564k
Current assets 29/58€2.11M
Stocks & contracts in progress 3€913k
Amounts receivable within one year 40/41€1.12M
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.68M
Equity 10/15€416k
Contributions / capital 10/11€25k
Reserves 13€3k
Accumulated profits (losses) 14€389k
Amounts payable 17/49€2.26M
Amounts payable after one year 17€560k
Amounts payable within one year 42/48€1.70M
Trade debts payable within one year 44€647k
Income statement
Gross operating margin 9900€1.27M
Operating result 9901€110k
Financial income 75€7k
Financial charges 65€42k
Result before taxes 9903€180k
Income taxes 67/77€58k
Net result for the period 9904€122k
Result to be appropriated 9905€122k
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Ratios computed by Checked.

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FY 2023 · computed
11 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.