SUNSTONE
ActiveSUNSTONE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €5k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 84% of 7376 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+4
Solvency100▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.31 against 3.08 in 2024; short-term debt: 23.2% and cash: 4% of total assets), and 23.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
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
76.8%
Return on assets
9.4%
Age of the figures
9 mo
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 €39k
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
16 d early
2023
43 d late
2022
29 d late
2021
16 d late
2020
27 d late
2019
91 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 13.9%
2024 · €34k
2018: €51k
2019: €39k
2020: €28k
2021: €3k
2022: €24k
2023: €31k
2024: €34k
2018 → 2025
Total assets
€51k▲ 0.3%
2024 · €51k
2018: €105k
2019: €98k
2020: €98k
2021: €70k
2022: €82k
2023: €62k
2024: €51k
2018 → 2025
Net result
€5k▲ 62.0%
2024 · €3k
2018: €-1k
2019: €-11k
2020: €-12k
2021: €-25k
2022: €21k
2023: €7k
2024: €3k
2018 → 2025
Working capital
€39k▲ 14.3%
2024 · €34k
2018: €49k
2019: €39k
2020: €27k
2021: €1k
2022: €23k
2023: €31k
2024: €34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€24k▲ 801%€31k▲ 30.9%€34k▲ 9.4%€39k▲ 13.9%
Operating result€-23k-€21k€7k▼ 65.1%€3k▼ 60.0%€5k▲ 61.3%
Net result€-25k-€21k€7k▼ 65.2%€3k▼ 60.3%€5k▲ 62.0%
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 2025; 2025 is 61% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€76▼ 57.2%
Current assets
€51k▲ 0.5%
Equity and liabilities €51k
Equity
€39k▲ 13.9%
Debt
€12k▼ 28.2%
The debt ratio falls from 32.4% to 23.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▲
2024 · €3k
Cash flow
€5k▲
2024 · €3k
Solvency
76.8%▲
2024 · 67.6%
Current ratio
4.31▲
2024 · 3.08
Quick ratio
0.22▲
2024 · 0.14
Debt / equity
0.30▼
2024 · 0.48
ROE
12.2%▲
2024 · 8.6%
ROA
9.4%▲
2024 · 5.8%
Interest coverage
111.74▲
2024 · 81.40
Debt
€12k▼
2024 · €16k
Debt ≤ 1 year
€12k▼
2024 · €16k
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€51k€51k▲
Fixed assets21/28€178€76▼
Tangible fixed assets22/27€178€76▼
Plant, machinery and equipment23€178€76▼
Current assets29/58€50k€51k▲
Stocks and contracts in progress3€48k€48k=
Contracts in progress37€48k€48k=
Amounts receivable within one year40/41€2k€572▼
Trade receivables40€2k-
Other amounts receivable41€126€572▲
Cash at bank and in hand54/58€598€2k▲
Equity and liabilities
Total equity and liabilities10/49€51k€51k▲
Equity10/15€34k€39k▲
Contributions10/11€19k€19k=
Reserves13€42k€42k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€-26k€-22k▲
Amounts payable17/49€16k€12k▼
Amounts payable within one year42/48€16k€12k▼
Trade debts44€1k€207▼
Suppliers440/4€1k€207▼
Other amounts payable47/48€15k€12k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€263€102▼
Other operating charges640/8€767€657▼
Gross operating margin9900€4k€6k▲
Operating profit (loss)9901€3k€5k▲
Financial charges65/66B€40€44▲
Recurring financial charges65€40€44▲
Profit (loss) for the period before taxes9903€3k€5k▲
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-22k▲
Profit (loss) brought forward from the previous period14P€-29k€-26k▲
The notes to these accounts (4 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after 4 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lessines · 1 establishment unit since 2001
Ground area
8,792 m²
Building footprint
115 m²
Volume, LiDAR
687 m³
Parcel 55007B0177/00L000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Boureng(DA) 39, 7864 Lessines
since 20012.098.472.561
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55007B0177/00L000 | Wallonia | 8,792 m² | 1 · 115 m² | 7.8 m · 2 fl. |
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.
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 12,825 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-10-2001
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.