SUNSHINE BELGIUM
ActiveSUNSHINE BELGIUM has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €101k and a net result of €12k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 38% of 26048 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+2
Solvency44=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.99 against 1.64 in 2023; short-term debt: 23.9% and cash: 3.5% of total assets), and 81.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 47
Relative position
BE, all sectors
reference
Sector 47
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 2024Solvency, return and age of the figures
Solvency
18.5%
Return on assets
2.2%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €101k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
46 d late
2019
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€101k▲ 13.6%
2023 · €89k
2018: €97k
2019: €97k
2020: €37k
2021: €65k
2022: €83k
2023: €89k
2018 → 2024
Total assets
€546k▲ 14.8%
2023 · €475k
2018: €718k
2019: €659k
2020: €399k
2021: €418k
2022: €442k
2023: €475k
2018 → 2024
Net result
€12k▲ 88.9%
2023 · €6k
2018: €3k
2019: €-319
2020: €-60k
2021: €29k
2022: €17k
2023: €6k
2018 → 2024
Working capital
€-1k
2023 · €47k
2018: €453k
2019: €423k
2020: €255k
2021: €121k
2022: €90k
2023: €47k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€65k▲ 78.2%€83k▲ 26.3%€89k▲ 7.8%€101k▲ 13.6%
Operating result€-52k-€29k€17k▼ 39.9%€7k▼ 61.1%€12k▲ 79.7%
Net result€-60k-€29k€17k▼ 40.1%€6k▼ 62.6%€12k▲ 88.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 80% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €546k
Fixed assets
€416k▲ 16.8%
Current assets
€130k▲ 8.7%
Equity and liabilities €546k
Equity
€101k▲ 13.6%
Debt
€445k▲ 15.1%
The debt ratio rises from 81.3% to 81.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▲
2023 · €22k
Cash flow
€30k▲
2023 · €21k
Solvency
18.5%▼
2023 · 18.7%
Current ratio
0.99▼
2023 · 1.64
Quick ratio
0.16▲
2023 · 0.15
Debt / equity
4.40▲
2023 · 4.34
ROE
12.0%▲
2023 · 7.2%
ROA
2.2%▲
2023 · 1.4%
Interest coverage
89.15▲
2023 · 49.47
Debt
€445k▲
2023 · €386k
Debt ≤ 1 year
€131k▲
2023 · €72k
Debt > 1 year
€314k=
2023 · €314k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€475k€546k▲
Fixed assets21/28€356k€416k▲
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€353k€414k▲
Land and buildings22€83k€80k▼
Plant, machinery and equipment23€2k€1k▼
Other tangible fixed assets26€248k€323k▲
Assets under construction and advance payments27€20k€10k▼
Financial fixed assets28€25€25=
Current assets29/58€119k€130k▲
Stocks and contracts in progress3€108k€108k=
Stocks30/36€108k€108k=
Amounts receivable within one year40/41€10k€2k▼
Trade receivables40€9k-
Other amounts receivable41€476€2k▲
Cash at bank and in hand54/58€1k€19k▲
Equity and liabilities
Total equity and liabilities10/49€475k€546k▲
Equity10/15€89k€101k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€27k€39k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€21k€33k▲
Amounts payable17/49€386k€445k▲
Amounts payable after more than one year17€314k€314k=
Financial debts170/4€314k€314k=
Amounts payable within one year42/48€72k€131k▲
Trade debts44-€4k
Suppliers440/4-€4k
Taxes, remuneration and social security45€56-
Taxes450/3€56-
Other amounts payable47/48€72k€127k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€18k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€24k€33k▲
Operating profit (loss)9901€7k€12k▲
Financial income75/76B€54€248▲
Recurring financial income75€54€248▲
Financial charges65/66B€438€341▼
Recurring financial charges65€438€341▼
Profit (loss) for the period before taxes9903€6k€12k▲
Profit (loss) for the period9904€6k€12k▲
Profit (loss) for the period to be appropriated9905€6k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€12k▲
Transfer to equity691/2€6k€12k▲
To other reserves6921€6k€12k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
31-12
Financial
Equity above €100kEq €101k ▲13.6%
4 profitable years in a row build equity to €101k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
2020
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 27.78
Current ratio from 4.20 to 27.78; short-term debt falls from €132k to €10k.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 167 days late
2017
01-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 32 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 2 establishment units since 1995
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.
Van Arteveldestraat 82060 AntwerpenGround area
666 m²
Building footprint
662 m²
Volume, LiDAR
8,465 m³
2 parcels, Flanders · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Van Arteveldestraat 8, 2060 Antwerpen
since 19952.071.784.891
Van Arteveldestraat 36, 2060 Antwerpen
since 20102.190.331.957
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1276/00T008 | Flanders | 384 m² | 1 · 384 m² | 19.0 m · 6 fl. |
| 11808H1276/00K007 | Flanders | 282 m² | 1 · 278 m² | 20.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ROBY MARKET
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SUKHW
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Evergem · Eq €101k
ALI STAR
BE 0563.883.467
Schaarbeek · Eq €101k
DELABIM
BE 0802.311.051
Chapelle-lez-Herlaimont · Eq €101k
ZEEKOREN
BE 0479.662.228
Brugge · Eq €101k
Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 4,644 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-12-1994
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
52113
46190Agents in non-specialised wholesale trade
47552Retail sale of lighting equipment
47592Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
52442
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.