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Sunmax

Active Private limited companyfounded 2020active for 5 yearsRue De Paepe César 122, 6040 CharleroiKBO/BCE: BE 0758.788.438
Sunmax
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Overview

Lifetime

5 annual accounts with figures on one time axis
peak €69,296 (2021)
€23,901▼ 12.9%
lowest -€26,920 (2022)
€14,752▼ 18.7%
peak €29,867 (2025)
€29,867▲ 97.6%
€8,413▼ 46.7%
Board2 names since 2020
2 directorsSUN Chi-On and 1 other
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €27,432 to €23,901Equity from €15,115 to €29,867Debts from €15,774 to €8,413Cash from €23,496 to €32,109

Key points

from the 2025 annual accounts

Equity

€29,867 ▲ 97.6%

Sunmax has made a profit without a break since 2023.

Turnover

≈ €250,000 estimated

The micro format states no turnover.

Staff

1 employees on 31-12-2025
3120212728202234342025

In 2025, 34 people joined and 34 left.

Liquidity

4.18 was 1.74 in 2024

Short-term debts fell from €15,774 to €8,413.

Filings

5 annual accounts 5 late
AprilJune31 JulyOctober20222024

The 2022 accounts came latest: 44 days after the end of the period.

Position in the sector

78.0%

Higher solvency than 89% of companies in food and beverage service. Sector median 29.5% · 17,162 companies.

Checked score

73
Healthy
Financially stronger than 92% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.7% 01-2025: 2.6%▼ -0.1 percentage points vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.7%▲ +0.1 percentage points vs 02-2025 04-2025: 2.6%▼ -0.1 percentage points vs 03-2025 05-2025: 2.7%▲ +0.1 percentage points vs 04-2025 06-2025: 2.8%▲ +0.1 percentage points vs 05-2025 07-2025: 2.8%● unchanged vs 06-2025 08-2025: 3.4%▲ +0.6 percentage points vs 07-2025 09-2025: 3.6%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 1.4%▼ -2.2 percentage points vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.3%▼ -0.1 percentage points vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.6%▼ -1.1 percentage points vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026

Financial strength
Strong

100+26equity 78.0% of total assets
93+19short-term debt 22.0% · cash 83.9%
100=return on assets 38.5%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
Size: total assets €38,280
Founded in 2020
lowers risk
Liquidity: current ratio 4.18, cash €32,109
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 94% of them on solvency, 93% on liquidity, 93% on profitability and 89% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Sunmax has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Sunmax itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,448 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 26,972 companies, not a prediction for Sunmax. 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.

Credit verdict

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.18 (1.74 in 2024), above the usual 1.5. Short-term debt is 22% and cash 83.9% of total assets. 22% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.18, cash €32,109
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €38,280
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
25 days late
2024
26 days late
2023
20 days late
2022
44 days late
2021
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 28 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SC
SUN Chi-On
Director, since 26-11-2020
SM
SUN Mei Fun
Director, since 26-11-2020
  • SUN Mei Fun 100 sharesdeed of 30-11-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0758788438
First establishment DELICE D'ORIENT, Rue De Paepe César 122, Charleroi
Incorporation Founding capital of €2,500, 100 shares · Founder: SUN Mei Fun (comparante) · Appointments: SUN Chi-On (director) and SUN Mei Fun (director) · published on 30-11-2020 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
Sunmax Charleroi €38,280 €23,901 78.0% -
L'ENVIE D'UNE TABLE Manage €35,675 €26,954 -93.7% -
TOSCANE Stekene €36,763 €22,007 73.5% -
AMINE SERVICES Ternat €35,399 €25,113 21.6% -
KZ GROUP Uccle €42,673 €22,782 23.8% -
Wolf By JPC Woluwe-Saint-Pierre €36,055 €23,203 -60.2% -
Jack Merchtem €41,929 €21,586 -323.0% -

These companies have the same main activity as Sunmax: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €35,400 and €42,700, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 26-11-2020Normal situation
Activity
Full-service restaurantsNACE 56111and 2 others
Establishment unit
2.310.278.8906040 Charleroi, since 08-12-2020
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Annual accounts 2025

€23,901▼ 12.9%
€14,752▼ 18.7%
€29,867▲ 97.6%
€38,280▲ 23.9%
Employeeson 31-12-2025
1=
Filing
Filed on 25-08-2026
Financials

Insights on Sunmax

Sunmax files the micro format. That format states no turnover. The gross margin fell from €69,296 in 2021 to €23,901 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 25-08-2026, 25 days late
€23,901
▼ 12.9%
€15,110
▼ 17.3%
€14,752
▼ 18.7%
€26,714
▲ 130%
78.0%
▲ 29.1 percentage points
4.18
▲ 2.44

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €250,000. Estimated: probably between €120,000 and €510,000.

Balance sheet

balance sheet total €38,280 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

78.0%

Higher than 90% of 17,162 companies in 2025.

4.18

Higher than 90% of 16,586 companies in 2025.

38.5%

Higher than 92% of 16,669 companies in 2025.

Sunmax Middle half of the sector 80% of the sector Micro accounts in food and beverage service (NACE 56)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Staff

€17,128

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 34 people joined and 34 left. Training hours in 2025: 3.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 38,28030,88925,10528,58235,512
21/28 3,1533,4835,0298,37011,710
22/27 3,1533,4835,0298,37011,710
23 1,6911,7403,0054,2705,536
24 --01,7943,588
26 1,4621,7432,0242,3052,586
29/58 35,12727,40620,07620,21323,802
40/41 1,9412,824-2,8288,939
40 1,9412,824-2,7522,526
41 ---756,413
54/58 32,10923,49618,92013,56914,299
490/1 1,0771,0861,1563,816564
Balance sheet: equity and liabilities
10/49 38,28030,88925,10528,58235,512
10/15 29,86715,115-3,031-16,76110,158
10/11 2,5002,5002,5002,5002,500
14 27,36712,615-5,531-19,2617,658
17/49 8,41315,77428,13645,34425,353
42/48 8,41315,77428,13645,34425,353
44 3,0955,6482,5226,5321,010
440/4 3,0955,6482,5226,5321,010
45 5,3185,4155,3187,06810,859
450/3 1,0371,4871,542758725
454/9 4,2803,9283,7766,31010,134
47/48 -4,71220,29631,74313,484
Income statement
9900 23,90127,43227,4648,54969,296
62 5,1385,3668,17629,61556,154
630 1,5601,5463,3403,3402,809
640/8 2,0932,2491,9642,1732,581
9901 15,11018,27113,983-26,5797,752
75/76B ---0-
75 ---0-
65/66B 35812625334194
65 35812625334194
9903 14,75218,14613,730-26,9207,658
9904 14,75218,14613,730-26,9207,658
9905 14,75218,14613,730-26,9207,658
Appropriation of the result
9906 27,36712,615-5,531-19,2617,658
14P 12,615-5,531-19,2617,658-
Social balance sheet
9087 0.30.40.71.52.2
Hours worked1013 2322664381,2221,633
Document PDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00490818.

Financial year Type Filed Reference Document
31-12-2025 micro format 25-08-2026 2026-00490818 PDF
31-12-2024 micro format 26-08-2025 2025-00459757 PDF
31-12-2023 micro format 20-08-2024 2024-00376388 PDF
31-12-2022 micro format 13-09-2023 2023-00447454 PDF
31-12-2021 micro format 26-08-2022 2022-20396485 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
16,67019,81817,323-23,23910,561
16,31219,69217,071-23,58010,467
1,23000014,518
8,6134,5765,350-730-
26,71411,632-8,060-25,131-1,551
78.0%48.9%-12.1%-58.6%28.6%
4.181.740.710.450.94
0.281.04--2.50
49.4%120.1%--75.4%
38.5%58.7%54.7%-94.2%21.6%
46.59over 10068.57-68.23over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date11112
part-time11112
in full-time equivalents0.50.50.30.40.9
0.30.20.30.71
On a permanent contract1---2
Joined34--273
Left34--281
Training hours3551529

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,230---€14,518
€1,560€1,546€3,340€3,340€2,809

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Sunmax

The operating result for 2025 is 17% lower than in 2024.

Debt's share of the balance-sheet total falls from 51.1% to 22.0%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, since incorporation
SUN Chi-On
Director (not named in the articles)
since 26-11-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 25-08-2026
SUN Mei Fun
Director (not named in the articles)
since 26-11-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 25-08-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
SUN Chi-On
Director (not named in the articles)
SUN Mei Fun
Director (not named in the articles)
Board
Mandates as a list
  • SUN Chi-On
    • Director (not named in the articles), from 26-11-2020 to date
  • SUN Mei Fun
    • Director (not named in the articles), from 26-11-2020 to date

See the board, name and registered office on a given date →

Control

Founder
SUN Mei Fun
This company
Sunmax
Equity €29,867
Profit €14,752 in 2025

Capital

Contribution
€2,500
Shares
100
Contribution per share
€25
Equity per share
€299 in 2025
Source
deed of 30-11-2020

Articles of association

deed of 30-11-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“10A, un ou plusieurs administrateurs”
“10A, exécution au nom et pour compte de la personne morale”
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
100 shares
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of June at 18:00

Shareholders

At incorporation deed of 30-11-2020 ↗

Network & group

No group

Sunmax has no parent and no holdings in its annual accounts. Sunmax shares no director with another company.

Timeline

Timeline

13 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 25 days late
2025
Liquidity more than doubled current ratio 4.18 The current ratio rises from 1.74 to 4.18. Short-term debt falls from €15,774 to €8,413.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0758788438
Annual accounts 2024 filed PDFmicro format · 26 days late
2024
Highest result from 2021 to 2025 net €18,146 ▲32.2% The operating result of €18,271 and the net result of €18,146 are both a record.
Liquidity more than doubled current ratio 1.74 The current ratio rises from 0.71 to 1.74. Short-term debt falls from €28,136 to €15,774.
Annual accounts 2023 filed PDFmicro format · 20 days late
2023
Back to profit net €13,730 The net result is €13,730, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 44 days late
2022
Weakest financial year net -€26,920 The net result drops to -€26,920, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 26 days late
2020
First establishment DELICE D'ORIENT, Rue De Paepe César 122, Charleroi
IncorporationFounding capital of €2,500, 100 shares · Founder: SUN Mei Fun (comparante) · Appointments: SUN Chi-On (director) and SUN Mei Fun (director) · published on 30-11-20205 points ▸
  • Director appointment, SUN Chi-On (director (not named in the articles))
  • Director appointment, SUN Mei Fun (director (not named in the articles))
  • Registered office clause, Rue César De Paepe 122, 6040 Jumet (Charleroi)
  • Founder, SUN Mei Fun (comparante)
  • Founding capital, €2,500, 100 shares
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 26 November 2020, Sunmax was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 Of the 2 current board members, 2 have served since 2020.3 Total assets went from €35,512 in 2021 to €38,280 in 2025 and headcount from 2.2 to 0.3 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-11-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0758.788.438
VAT number
BE 0758.788.438
Peppol ID
0208:0758788438
Legal form
Private limited company
Status
Active, normal situation
Founded
26-11-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of June at 18:00
deed of 30-11-2020 (in French)
Peppol
Reachable since 10-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Sunmax in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-11-2020 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne”
deed of 30-11-2020 (in French)

Activities

NACEBEL 2025
VAT activities
56111 Full-service restaurants main activity
56210 Event catering
Social security (RSZ) activities
56112 Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
VAT activities
56101 Full-service restaurants main activity
56210 Catering
Social security (RSZ) activities
56102 Limited-service restaurants main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toutes activités relatives au secteur Horeca,notamment en tant que restaurateurs,traiteurs,propriétaires d’hôtel,salons de thé,salons de…”
5 activities
  1. Toutes activités relatives au secteur Horeca,notamment en tant que restaurateurs,traiteurs,propriétaires d’hôtel,salons de thé,salons de dégustation,snack,friterie,pizzeria,sandwicherie,organisateur de banquets,fêtes et buffets
  2. L’exploitation sous sa propre enseigne ou par voie de franchise ou licence,de tout snack-bar,cafétéria,sandwicherie,service de cuisine rapide ou de petite restauration,de tout service traiteur et/ou d’un ou plusieurs restaurants,ainsi que la livraison à domicile et la vente ambulante
  3. L’achat,la vente,au commerce en gros et au détail,à l’importation,l’exportation et la commercialisation de tous produits pour le secteur de l’Horeca et notamment : les produits alimentaires,les boissons,les produits d’entretien et de nettoyage
  4. L'achat,la vente,l'échange,la construction,la reconstruction,la démolition,la transformation,l'exploitation,la location et la gérance de tous immeubles bâtis,meublés ou non
  5. L'achat,la vente,l'échange,la mise en valeur,le lotissement,l'exploitation,la location et l'affermage de tous immeubles non bâtis
deed of 30-11-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
DELICE D'ORIENT registered office Rue De Paepe César 122, 6040 Charleroi 08-12-2020 2.310.278.890 Restaurant

Recognitions

Food safety, FASFC

1 site
Charleroiunit number 2.310.278.890
1 permission
Authorisation · Restaurant · since 17-05-2021

Source: FAVV-AFSCA, open data, updated on 02-11-2026

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