SUNO
ActiveSummary
SUNO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▲+11
Solvency28▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.91 against 0.69 in 2024; short-term debt: 34.9% and cash: 1% of total assets), and 96.9% of the assets are financed with debt.
Credit check 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.1%
Return on assets
1.7%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 10%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €23k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
12 d early
2022
2 d early
2021
2 d early
2020
32 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 121%
2024 · €11k
2018: €-16k
2019: €-21k▼ -30.9% vs 2018lowest in 8 years
2020: €4k▲ +119% vs 2019
2021: €22k▲ +458% vs 2020
2022: €24k▲ +9.1% vs 2021highest in 8 years
2023: €9k▼ -64.3% vs 2022
2024: €11k▲ +22.1% vs 2023
2025: €23k▲ +121% vs 2024
2018 → 2025
Total assets
€742k▲ 5.0%
2024 · €707k
2018: €327k
2019: €324k▼ -0.8% vs 2018lowest in 8 years
2020: €340k▲ +5.0% vs 2019
2021: €354k▲ +4.1% vs 2020
2022: €456k▲ +28.7% vs 2021
2023: €697k▲ +52.8% vs 2022
2024: €707k▲ +1.4% vs 2023
2025: €742k▲ +5.0% vs 2024highest in 8 years
2018 → 2025
Net result
€13k▲ 567%
2024 · €2k
2018: €-23klowest in 8 years
2019: €-5k▲ +77.6% vs 2018
2020: €25k▲ +603% vs 2019highest in 8 years
2021: €18k▼ -28.3% vs 2020
2022: €2k▼ -88.9% vs 2021
2023: €-16k▼ -873% vs 2022
2024: €2k▲ +112% vs 2023
2025: €13k▲ +567% vs 2024
2018 → 2025
Working capital
€-24k▲ 63.4%
2024 · €-65k
2018: €-18k
2019: €-30k▼ -69.0% vs 2018
2020: €-11k▲ +63.6% vs 2019
2021: €27k▲ +354% vs 2020highest in 8 years
2022: €24k▼ -12.7% vs 2021
2023: €-29k▼ -221% vs 2022
2024: €-65k▼ -122% vs 2023lowest in 8 years
2025: €-24k▲ +63.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€24k▲ 9.1%€9k▼ 64.3%€11k▲ 22.1%€23k▲ 121%
2021: €22k
2022: €24k▲ +9.1% vs 2021highest in 5 years
2023: €9k▼ -64.3% vs 2022lowest in 5 years
2024: €11k▲ +22.1% vs 2023
2025: €23k▲ +121% vs 2024
Operating result€30k-€15k▼ 49.3%€1k▼ 92.6%€21k▲ 1,777%€34k▲ 62.9%
2021: €30k
2022: €15k▼ -49.3% vs 2021
2023: €1k▼ -92.6% vs 2022lowest in 5 years
2024: €21k▲ +1777% vs 2023
2025: €34k▲ +62.9% vs 2024highest in 5 years
Net result€18k-€2k▼ 88.9%€-16k€2k€13k▲ 567%
2021: €18khighest in 5 years
2022: €2k▼ -88.9% vs 2021
2023: €-16k▼ -873% vs 2022lowest in 5 years
2024: €2k▲ +112% vs 2023
2025: €13k▲ +567% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 63% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €742k
Fixed assets
€507k ▼ 9.9%
Current assets
€235k ▲ 63.0%
Equity and liabilities €742k
Equity
€23k ▲ 121%
Debt
€719k ▲ 3.2%
Debt's share of the balance-sheet total falls from 98.5% to 96.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€90k▲
2024 · €75k
Cash flow
€68k▲
2024 · €56k
Current ratio
0.91▲
2024 · 0.69
Quick ratio
0.27▲
2024 · 0.20
Debt to equity
31.02▼
2024 · 66.29
ROE
54.7%▲
2024 · 18.1%
ROA
1.7%▲
2024 · 0.3%
Interest coverage
5.01▲
2024 · 3.90
Debt ≤ 1 year
€259k▲
2024 · €209k
Debt > 1 year
€460k▼
2024 · €487k
Income taxes
€4k
Staff costs
€120k▼
2024 · €145k
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 · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€707k€742k▲
Fixed assets21/28€562k€507k▼
Intangible fixed assets21€291-
Tangible fixed assets22/27€562k€506k▼
Land and buildings22€495k€457k▼
Plant, machinery and equipment23€38k€28k▼
Furniture and vehicles24€29k€21k▼
Financial fixed assets28€605€605=
Current assets29/58€144k€235k▲
Stocks and contracts in progress3€103k€167k▲
Stocks30/36€74k€141k▲
Contracts in progress37€29k€26k▼
Amounts receivable within one year40/41€36k€60k▲
Trade receivables40€28k€60k▲
Other amounts receivable41€8k€682▼
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€133€689▲
Equity and liabilities
Total equity and liabilities10/49€707k€742k▲
Equity10/15€11k€23k▲
Contributions10/11€6k€6k=
Reserves13€3k€17k▲
Distributable reserves133€3k€17k▲
Profit (loss) carried forward14€877-
Amounts payable17/49€696k€719k▲
Amounts payable after more than one year17€487k€460k▼
Financial debts170/4€487k€460k▼
Amounts payable within one year42/48€209k€259k▲
Current portion of amounts payable after more than one year42€42k€44k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€125k€97k▼
Suppliers440/4€125k€97k▼
Advances received on contracts in progress46-€72k
Taxes, remuneration and social security45€15k€20k▲
Taxes450/3€3k€17k▲
Remuneration and social security454/9€12k€3k▼
Other amounts payable47/48€26k€27k▲
Income statement
Code20242025
Non-recurring operating income76A€37k€2k▼
Remuneration, social security and pensions62€145k€120k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€55k▲
Other operating charges640/8€3k€8k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€223k€222k▼
Operating profit (loss)9901€21k€34k▲
Financial income75/76B€69€84▲
Recurring financial income75€69€84▲
Financial charges65/66B€19k€18k▼
Recurring financial charges65€19k€18k▼
Profit (loss) for the period before taxes9903€2k€16k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€2k€13k▲
Profit (loss) for the period to be appropriated9905€2k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€877€14k▲
Profit (loss) brought forward from the previous period14P€-1k€877▲
Transfer from equity791/2€0-
Transfer to equity691/2-€14k
To other reserves6921-€14k
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4k | €4k | €0 | €37k | €2k | ▼ 94.6% |
| Remuneration, social security and pensions62 | €16k | €27k | €82k | €145k | €120k | ▼ 17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46k | €42k | €47k | €54k | €55k | ▲ 2.9% |
| Other operating charges640/8 | €2k | €2k | €4k | €3k | €8k | ▲ 150% |
| Non-recurring operating charges66A | €1k | €0 | - | - | €5k | - |
| Gross operating margin9900 | €96k | €86k | €134k | €223k | €222k | ▼ 0.6% |
| Operating profit (loss)9901 | €30k | €15k | €1k | €21k | €34k | ▲ 62.9% |
| Financial income75/76B | €698 | €11 | €212 | €69 | €84 | ▲ 21.7% |
| Recurring financial income75 | €698 | €11 | €212 | €69 | €84 | ▲ 21.7% |
| Financial charges65/66B | €11k | €11k | €17k | €19k | €18k | ▼ 6.7% |
| Recurring financial charges65 | €11k | €11k | €17k | €19k | €18k | ▼ 6.7% |
| Profit (loss) for the period before taxes9903 | €20k | €5k | €-16k | €2k | €16k | ▲ 763% |
| Income taxes67/77 | €2k | €3k | €0 | - | €4k | - |
| Profit (loss) for the period9904 | €18k | €2k | €-16k | €2k | €13k | ▲ 567% |
| Profit (loss) for the period to be appropriated9905 | €18k | €2k | €-16k | €2k | €13k | ▲ 567% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €354k | €456k | €697k | €707k | €742k | ▲ 5.0% |
| Fixed assets21/28 | €261k | €327k | €553k | €562k | €507k | ▼ 9.9% |
| Intangible fixed assets21 | €2k | €2k | €896 | €291 | - | - |
| Tangible fixed assets22/27 | €259k | €325k | €551k | €562k | €506k | ▼ 9.9% |
| Land and buildings22 | €230k | €291k | €504k | €495k | €457k | ▼ 7.6% |
| Plant, machinery and equipment23 | €19k | €24k | €24k | €38k | €28k | ▼ 26.7% |
| Furniture and vehicles24 | €6k | €8k | €23k | €29k | €21k | ▼ 27.2% |
| Leasing and similar rights25 | €4k | €2k | €0 | - | - | - |
| Financial fixed assets28 | €605 | €605 | €605 | €605 | €605 | = |
| Current assets29/58 | €93k | €129k | €144k | €144k | €235k | ▲ 63.0% |
| Stocks and contracts in progress3 | €52k | €75k | €76k | €103k | €167k | ▲ 62.2% |
| Stocks30/36 | €46k | €61k | €58k | €74k | €141k | ▲ 91.0% |
| Contracts in progress37 | €6k | €14k | €18k | €29k | €26k | ▼ 11.5% |
| Amounts receivable within one year40/41 | €38k | €40k | €60k | €36k | €60k | ▲ 67.3% |
| Trade receivables40 | €25k | €35k | €52k | €28k | €60k | ▲ 112% |
| Other amounts receivable41 | €13k | €6k | €8k | €8k | €682 | ▼ 91.5% |
| Cash at bank and in hand54/58 | €3k | €12k | €8k | €5k | €8k | ▲ 40.4% |
| Deferred charges and accrued income490/1 | €250 | €942 | €184 | €133 | €689 | ▲ 420% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €354k | €456k | €697k | €707k | €742k | ▲ 5.0% |
| Equity10/15 | €22k | €24k | €9k | €11k | €23k | ▲ 121% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | - | €18k | €3k | €3k | €17k | ▲ 395% |
| Distributable reserves133 | - | €18k | €3k | €3k | €17k | ▲ 395% |
| Profit (loss) carried forward14 | €16k | €420 | €-1k | €877 | - | - |
| Amounts payable17/49 | €332k | €432k | €688k | €696k | €719k | ▲ 3.2% |
| Amounts payable after more than one year17 | €267k | €327k | €515k | €487k | €460k | ▼ 5.6% |
| Financial debts170/4 | €267k | €327k | €515k | €487k | €460k | ▼ 5.6% |
| Amounts payable within one year42/48 | €66k | €105k | €173k | €209k | €259k | ▲ 23.9% |
| Current portion of amounts payable after more than one year42 | €19k | €24k | €38k | €42k | €44k | ▲ 3.3% |
| Financial debts43 | - | €5k | €156 | €0 | - | - |
| Credit institutions430/8 | - | €5k | €156 | €0 | - | - |
| Trade debts44 | €47k | €72k | €128k | €125k | €97k | ▼ 22.8% |
| Suppliers440/4 | €47k | €72k | €128k | €125k | €97k | ▼ 22.8% |
| Advances received on contracts in progress46 | - | - | - | - | €72k | - |
| Taxes, remuneration and social security45 | €37 | €3k | €4k | €15k | €20k | ▲ 30.9% |
| Taxes450/3 | €37 | €3k | €41 | €3k | €17k | ▲ 510% |
| Remuneration and social security454/9 | - | - | €4k | €12k | €3k | ▼ 78.4% |
| Other amounts payable47/48 | - | - | €3k | €26k | €27k | ▲ 2.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €2k | €-16k | €2k | €13k | ▲ 567% |
| + Depreciation and write-downs630 | €46k | €42k | €47k | €54k | €55k | ▲ 2.9% |
| Operating cash flow (approximation) | €65k | €44k | €32k | €56k | €68k | ▲ 22.1% |
| Investment in fixed assets (approximation) | - | €-108k | €-273k | €-64k | €314 | ▲ 100% |
| Change in cash | - | €9k | €-4k | €-2k | €2k | ▲ 190% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Jabbeke · 1 establishment unit since 2018
Ground area
1,992 m²
Building footprint
313 m²
Volume, LiDAR
1,277 m³
2 parcels, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Suno
since 20182.284.050.387
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012C0109/00P003 | Flanders | 1,148 m² | 1 · 179 m² | 6.9 m · 1 fl. |
| 31012C0716/00B000 | Flanders | 844 m² | 1 · 135 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 432 EUR awarded · 310 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 310 EUR | 310 EUR |
| 2023 | 1 | 122 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 6,376 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-2017
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
47529Retail trade
Contact
Scores and ratios are computed by Checked and are not a credit decision.