SUPERSA REAL ESTATE
ActiveSummary
SUPERSA REAL ESTATE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-369k) and a net result of €-35k. Equity is shrinking by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-1
Solvency9▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.0 in 2024; short-term debt: 115.5% and cash: 0.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
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
-16%
Return on assets
-1.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-369k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
27 d late
2023
31 d late
2022
31 d late
2021
2 d early
2020
2 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-369k▼ 10.4%
2024 · €-334k
2018: €288k
2019: €-8k
2020: €-78k
2021: €-140k
2022: €-245k
2023: €-321k
2024: €-334k
2018 → 2025
Total assets
€2.30M▼ 2.2%
2024 · €2.36M
2018: €348k
2019: €1.46M
2020: €2.54M
2021: €2.68M
2022: €2.56M
2023: €2.45M
2024: €2.36M
2018 → 2025
Net result
€-35k▼ 177%
2024 · €-13k
2018: €-3k
2019: €-297k
2020: €-70k
2021: €-62k
2022: €-105k
2023: €-76k
2024: €-13k
2018 → 2025
Working capital
€-2.64M▲ 0.3%
2024 · €-2.64M
2018: €38k
2019: €-1.37M
2020: €-2.51M
2021: €-2.71M
2022: €-2.75M
2023: €-2.72M
2024: €-2.64M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-140k-€-245k▼ 74.6%€-321k▼ 31.0%€-334k▼ 3.9%€-369k▼ 10.4%
Operating result€-61k-€-104k▼ 69.4%€-75k▲ 27.9%€-12k▲ 83.9%€-34k▼ 185%
Net result€-62k-€-105k▼ 68.1%€-76k▲ 27.4%€-13k▲ 83.5%€-35k▼ 177%
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 €34k in 2025 against €12k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.30M
Fixed assets
€2.28M ▼ 2.8%
Current assets
€26k ▲ 121%
Key figures and ratios
EBITDA
€64k▼
2024 · €87k
Cash flow
€63k▼
2024 · €87k
Solvency
-16.0%▼
2024 · -14.2%
Current ratio
0.01▲
2024 · 0.00
Debt to equity
-7.25▲
2024 · -8.06
ROA
-1.5%▼
2024 · -0.5%
Interest coverage
142.84▼
2024 · 187.08
Debt
€2.67M▼
2024 · €2.69M
Debt ≤ 1 year
€2.66M▲
2024 · €2.66M
Income taxes
€72▼
2024 · €86
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.36M€2.30M▼
Fixed assets21/28€2.34M€2.28M▼
Tangible fixed assets22/27€2.34M€2.28M▼
Land and buildings22€2.33M€2.26M▼
Plant, machinery and equipment23€13k€11k▼
Furniture and vehicles24€3k€7k▲
Current assets29/58€12k€26k▲
Amounts receivable within one year40/41€1k€4k▲
Trade receivables40€1k€4k▲
Cash at bank and in hand54/58€8k€21k▲
Deferred charges and accrued income490/1€2k€840▼
Equity and liabilities
Total equity and liabilities10/49€2.36M€2.30M▼
Equity10/15€-334k€-369k▼
Contributions10/11€584k€584k=
Revaluation surpluses12€45k€45k=
Profit (loss) carried forward14€-963k€-997k▼
Amounts payable17/49€2.69M€2.67M▼
Amounts payable within one year42/48€2.66M€2.66M▲
Current portion of amounts payable after more than one year42€5k-
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€2.65M€2.65M▲
Accrued charges and deferred income492/3€34k€12k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€98k▼
Other operating charges640/8€2k€11k▲
Gross operating margin9900€89k€75k▼
Operating profit (loss)9901€-12k€-34k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€466€447▼
Recurring financial charges65€466€447▼
Profit (loss) for the period before taxes9903€-12k€-35k▼
Income taxes67/77€86€72▼
Profit (loss) for the period9904€-13k€-35k▼
Profit (loss) for the period to be appropriated9905€-13k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-963k€-997k▼
Profit (loss) brought forward from the previous period14P€-950k€-963k▼
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
31-08
State Gazette act
Resignation: Robert Kuijpers (mandataire)2 facts ▸
State Gazette act
Resignation: Robert Kuijpers (mandataire)
2 facts ▸
- General meeting, 30-06-2026
- Director resignation, Robert Kuijpers (mandataire)
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-297k
Net result drops to €-297k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 7 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-06-2026
Resigned as Mandataire
Location & real-estate footprint
Registered office, Grez-Doiceau · 1 establishment unit since 2013
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.
Chemin de Savenel 371390 Grez-DoiceauGround area
8,445 m²
Building footprint
2,286 m²
Volume, LiDAR
7,568 m³
Parcel 25070B0079/00X000, Wallonia · tallest building 12.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Chemin de Savenel 37, 1390 Grez-Doiceau
since 20132.221.149.055
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25070B0079/00X000 | Wallonia | 8,445 m² | 1 · 2,286 m² | 12.7 m · 1 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
L&M Sporthorses
BE 0662.936.602
Putte · Eq €287,899
STAL NAESSENS
BE 0883.041.577
Horebeke · Eq €287,268
EXCLUSIVE STABLES
BE 0749.634.113
Balen · Eq €287,199
STARHORSES
BE 0870.657.350
Herentals · Eq €286,632
LENTZ SCHRANS
BE 0842.135.291
Lint · Eq €285,387
Of 1,957 companies in sector 01430 we hold annual accounts for 743. 501 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-1999
Fiscal year end31-12
Activities, NACEBEL 2025
01430Raising of horses and other equines
93127Equestrian clubs
01620Support activities for animal production
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.