SUNSWITCH

Bankruptcy

Public limited companyfounded 2007KBO/BCE: BE 0890.449.112

The KBO register records for SUNSWITCH the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2012 annual accounts show equity of €1.71M and a net result of €540k.

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Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Latest accounts filed on time

The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 10-07-2013, 21 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2012, full schema

Turnover

€32.65M▲ 9.4%

2011 · €29.83M

2009: €19.13M 2010: €16.51M 2011: €29.83M

2009 → 2012

EBIT margin

3.0%▼ 1.2pp

2011 · 4.1%

2009: 2.5% 2010: 0.2% 2011: 4.1%

2009 → 2012

Net result

€540k▼ 13.0%

2011 · €620k

2009: €197k 2010: €25k 2011: €620k

2009 → 2012

Working capital

€1.14M▲ 27.6%

2011 · €894k

2009: €886k 2010: €559k 2011: €894k

2009 → 2012

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2009201020112012Trend

Turnover€19.13M-€16.51M▼ 13.7%€29.83M▲ 80.7%€32.65M▲ 9.4%

Equity€660k-€685k▲ 3.7%€1.21M▲ 75.9%€1.71M▲ 42.3%

Operating result€475k-€37k▼ 92.1%€1.23M▲ 3,184%€966k▼ 21.4%

Net result€197k-€25k▼ 87.5%€620k▲ 2,410%€540k▼ 13.0%

Result per fiscal year

Operating resultNet result

The operating result falls in 2012; 2012 is 21% below 2011.

Balance-sheet composition

2012 in colour, 2011 as the grey bar beneath

Assets €8.57M

13.7%

86.3%

Fixed assets €1.18M▲ 36.2%

Current assets €7.39M▼ 30.3%

Equity and liabilities €8.57M

20.0%

78.3%

Equity €1.71M▲ 42.3%

Provisions €143k▼ 15.3%

Debt €6.71M▼ 33.5%

The debt ratio falls from 88.0% to 78.3%: equity grows while debt is paid down.

Key figures and ratios

2012 value · change against 2011

EBITDA

€1.17M▼

2011 · €1.41M

Cash flow

€743k▼

2011 · €800k

Solvency

20.0%▲

2011 · 10.5%

Current ratio

1.18▲

2011 · 1.09

Quick ratio

0.66▼

2011 · 0.90

Debt / equity

0.10▼

2011 · 0.28

ROE

31.5%▼

2011 · 51.5%

ROA

6.3%▲

2011 · 5.4%

Interest coverage

11.10▲

2011 · 10.03

Debt

€6.71M▼

2011 · €10.08M

Debt ≤ 1 year

€6.25M▼

2011 · €9.70M

Debt > 1 year

€170k▼

2011 · €341k

Income taxes

€296k▼

2011 · €432k

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 · 2012 against 2011

Balance sheet Code20112012

Assets

Total assets20/58€11.46M€8.57M▼

Fixed assets21/28€863k€1.18M▲

Intangible fixed assets21€288k€232k▼

Tangible fixed assets22/27€269k€318k▲

Financial fixed assets28€306k€626k▲

Current assets29/58€10.59M€7.39M▼

Stocks and contracts in progress3€1.82M€3.26M▲

Amounts receivable within one year40/41€7.15M€3.25M▼

Current investments50/53€430k€60k▼

Cash at bank and in hand54/58€994k€358k▼

Equity and liabilities

Total equity and liabilities10/49€11.46M€8.57M▼

Equity10/15€1.21M€1.71M▲

Contributions10/11€340k€340k=

Reserves13€34k€184k▲

Profit (loss) carried forward14€831k€1.19M▲

Provisions and deferred taxes16€169k€143k▼

Amounts payable17/49€10.08M€6.71M▼

Amounts payable after more than one year17€341k€170k▼

Amounts payable within one year42/48€9.70M€6.25M▼

Trade debts44€1.70M€1.71M▲

Income statement Code20112012

Turnover70€29.83M€32.65M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€180k€203k▲

Operating profit (loss)9901€1.23M€966k▼

Recurring financial income75€5k€26k▲

Recurring financial charges65€175k€166k▼

Debt charges650€140k€105k▼

Profit (loss) for the period before taxes9903€1.05M€836k▼

Income taxes67/77€432k€296k▼

Profit (loss) for the period9904€620k€540k▼

Profit (loss) for the period to be appropriated9905€620k€390k▼

Appropriation of the result

Return on contributions (dividend)694€100k€30k▼

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2013

10-07

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

15-10

NBB filing Annual accounts filed

fiscal year 2011 · full schema · 76 days late

2011

31-12

Financial Highest result since 2009net €620k ▲2410%

Operating result €1.23M, net result €620k, both a record.

31-12

Financial Equity above €1MEq €1.21M ▲75.9%

3 profitable years in a row build equity to €1.21M.

18-07

NBB filing Annual accounts filed

fiscal year 2010 · full schema

2010

31-12

Financial Weakest financial yearnet €25k ▼87.5%

Net result drops to €25k, the lowest in the series.

09-08

NBB filing Annual accounts filed

fiscal year 2009 · full schema · 9 days late

2009

12-06

NBB filing Annual accounts filed

fiscal year 2008 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

7 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

1 establishment unit since 2007

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.

Ground area

8.8 ha

Building footprint

654 m²

Volume, LiDAR

3,995 m³

Parcel 25384A0101/00W000, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Establishment

NACE 45310

since 20072.163.641.319

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25384A0101/00W000	Wallonia	8.8 ha	1 · 654 m²	8.9 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.

Similar companies · same sector, comparable size

Machelen (Brab.) · Eq €1.71M

Of 22,731 companies in sector 43211 we hold annual accounts for 10,271. 3,236 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded27-06-2007

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

45310

46190Agents in non-specialised wholesale trade

70200Business and other management consultancy

70220Business consulting

74142

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.