Financials
- Fiscal year
- 2024
- Total assets
- €1.0m
- Profit
- €46,191
- Solvency
- 44.5%
Total assets▼ 1.4%
Net result
20182024
SUSIN SYSTEM
ActiveSummary
SUSIN SYSTEM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €447,441 and a net result of €46,191. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 56% of 3556 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
How big
€1.0mtotal assets 2024
- Staff
- 10.2 FTE
- Equity
- €447,441
- Profit
- €46,191
Who decides
Accounts 62 d overdue0 of 4 deeds read
Why 65- Higher-failure-rate sector- Higher-failure-rate region+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability74▲+2
Solvency69▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.57 in 2023; short-term debt: 38.9% and cash: 11.4% of total assets), but 55.5% of the assets are financed with debt.
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Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2023
161 d late
2022
87 d late
2021
112 d late
2020
30 d late
2019
152 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 101 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
- Annual accounts filedfiscal year 2022 · full…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 30-09-2025Annual accounts filed
- 08-01-2025Annual accounts filed
- 26-10-2023Annual accounts filed
Support & recognitions
- Recognitions
- 1 register
- Registered contractor
- 4categories
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 26-12-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
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