SUNOUT
ActiveThe computed 12-month bankruptcy probability of SUNOUT is 1.5% (moderate). The 2025 annual accounts show equity of €82k and a net result of €-42k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 11165 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.05 against 3.3 in 2024), and 29.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
70.9%
Return on assets
-36.5%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€42k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
25 d early
2024
37 d early
2023
16 d early
2022
42 d early
2021
41 d early
2020
38 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▼ 34.0%
2024 · €125k
2019: €21k
2020: €38k
2021: €70k
2022: €114k
2023: €146k
2024: €125k
2019 → 2025
Total assets
€116k▼ 34.0%
2024 · €176k
2019: €35k
2020: €67k
2021: €95k
2022: €153k
2023: €237k
2024: €176k
2019 → 2025
Net result
€-42k▼ 94.6%
2024 · €-22k
2019: €15k
2020: €17k
2021: €32k
2022: €44k
2023: €32k
2024: €-22k
2019 → 2025
Working capital
€67k▲ 40.8%
2024 · €48k
2019: €636
2020: €15k
2021: €41k
2022: €74k
2023: €79k
2024: €48k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€114k▲ 63.6%€146k▲ 28.0%€125k▼ 14.9%€82k▼ 34.0%
Operating result€46k-€63k▲ 37.2%€49k▼ 23.2%€-16k€-37k▼ 128%
Net result€32k-€44k▲ 39.9%€32k▼ 28.0%€-22k€-42k▼ 94.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2025 against €16k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€36k▼ 66.9%
Current assets
€80k▲ 17.5%
Equity and liabilities €116k
Equity
€82k▼ 34.0%
Debt
€34k▼ 34.2%
The debt ratio falls from 29.1% to 29.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-17k▼
2024 · €7k
Cash flow
€-23k▼
2024 · €2k
Solvency
70.9%▲
2024 · 70.9%
Current ratio
6.05▲
2024 · 3.30
Quick ratio
5.48▲
2024 · 3.10
Debt / equity
0.41▼
2024 · 0.41
ROE
-51.4%▼
2024 · -17.5%
ROA
-36.5%▼
2024 · -12.4%
Interest coverage
-3.32▼
2024 · 1.31
Debt
€34k▼
2024 · €51k
Debt ≤ 1 year
€13k▼
2024 · €21k
Debt > 1 year
€20k▼
2024 · €30k
Income taxes
€311
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€176k€116k▼
Fixed assets21/28€107k€36k▼
Tangible fixed assets22/27€107k€36k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€25k€19k▼
Leasing and similar rights25€58k-
Other tangible fixed assets26€14k€9k▼
Current assets29/58€68k€80k▲
Stocks and contracts in progress3€4k€8k▲
Stocks30/36€4k€8k▲
Amounts receivable within one year40/41€19k€14k▼
Trade receivables40€681€3k▲
Other amounts receivable41€18k€11k▼
Cash at bank and in hand54/58€42k€55k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€176k€116k▼
Equity10/15€125k€82k▼
Contributions10/11€6k€6k=
Reserves13€107k€107k=
Non-distributable reserves130/1€760€760=
Reserves not available under the articles1311€760€760=
Distributable reserves133€106k€106k=
Profit (loss) carried forward14€11k€-31k▼
Amounts payable17/49€51k€34k▼
Amounts payable after more than one year17€30k€20k▼
Financial debts170/4€30k€20k▼
Amounts payable within one year42/48€21k€13k▼
Current portion of amounts payable after more than one year42€13k€10k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Advances received on contracts in progress46€6k-
Taxes, remuneration and social security45-€239
Taxes450/3-€239
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€20k▼
Other operating charges640/8€2k€730▼
Gross operating margin9900€9k€-16k▼
Operating profit (loss)9901€-16k€-37k▼
Financial income75/76B€93€138▲
Recurring financial income75€93€138▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-22k€-42k▼
Income taxes67/77-€311
Profit (loss) for the period9904€-22k€-42k▼
Profit (loss) for the period to be appropriated9905€-22k€-42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-31k▼
Profit (loss) brought forward from the previous period14P€33k€11k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €44k ▲39.9%
Operating result €63k, net result €44k, both a record.
31-12
Financial
Equity above €100kEq €114k ▲63.6%
4 profitable years in a row build equity to €114k.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Overijse · 1 establishment unit since 2018
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.
Abstraat 323090 OverijseGround area
3,723 m²
Building footprint
219 m²
Volume, LiDAR
91 m³
Parcel 23542G0170/00E000, Flanders · tallest building 6.0 m. Linked by address, not a title deed.
1 establishment unit
Abstraat 32, 3090 Overijse
since 20182.282.070.401
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23542G0170/00E000 | Flanders | 3,722 m² | 1 · 219 m² | 6.0 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,239 EUR awarded · 2,239 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,239 EUR | 2,239 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Similar companies · same sector, comparable size
PANALEX
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QC TRADING
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JVLco
BE 0722.996.725
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DE KETELBUTTER
BE 0462.497.483
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FINIPAN
BE 0435.178.226
Wevelgem · Eq €81k
Of 1,136 companies in sector 46130 we hold annual accounts for 646. 512 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2018
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.