SUSTAIN
ActiveSUSTAIN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-24k) and a net result of €-6k. Equity is shrinking by ~48.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17=
Solvency18▼-1
Growth58=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.41 against 1.34 in 2024; short-term debt: 70.7% and cash: 0.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
-7%
Return on assets
-1.7%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-24k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
25 d early
2024
17 d early
2023
15 d early
2022
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-24k▼ 33.3%
2024 · €-18k
2022: €2k
2023: €-13k
2024: €-18k
2022 → 2025
Total assets
€344k▲ 5.9%
2024 · €324k
2022: €283k
2023: €305k
2024: €324k
2022 → 2025
Net result
€-6k▼ 11.3%
2024 · €-5k
2022: €-8k
2023: €-15k
2024: €-5k
2022 → 2025
Working capital
€100k▲ 23.0%
2024 · €82k
2022: €281k
2023: €301k
2024: €82k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€2k-€-13k€-18k▼ 42.7%€-24k▼ 33.3%
Operating result€-8k-€-15k▼ 92.4%€-5k▲ 64.0%€-5k▼ 2.5%
Net result€-8k-€-15k▼ 86.6%€-5k▲ 63.4%€-6k▼ 11.3%
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 €5k in 2025 against €5k in 2024; the loss grows.
Key figures and ratios
EBITDA
€-5k▼
2024 · €-5k
Cash flow
€-5k▼
2024 · €-5k
Solvency
-7.0%▼
2024 · -5.5%
Current ratio
1.41▲
2024 · 1.34
Quick ratio
0.02▼
2024 · 0.04
Debt / equity
-15.36▲
2024 · -19.07
ROA
-1.7%▼
2024 · -1.7%
Interest coverage
-8.32▲
2024 · -41.67
Debt
€367k▲
2024 · €342k
Debt ≤ 1 year
€243k▲
2024 · €242k
Debt > 1 year
€110k▲
2024 · €93k
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€324k€344k▲
Formation expenses20€724€223▼
Current assets29/58€324k€343k▲
Stocks and contracts in progress3€315k€338k▲
Stocks30/36€315k€338k▲
Amounts receivable within one year40/41€5k€5k▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€4k€1k▼
Deferred charges and accrued income490/1€838-
Equity and liabilities
Total equity and liabilities10/49€324k€344k▲
Equity10/15€-18k€-24k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-28k€-34k▼
Amounts payable17/49€342k€367k▲
Amounts payable after more than one year17€93k€110k▲
Financial debts170/4€93k€110k▲
Amounts payable within one year42/48€242k€243k▲
Current portion of amounts payable after more than one year42€242k€242k=
Trade debts44€65€991▲
Suppliers440/4€65€991▲
Accrued charges and deferred income492/3€7k€15k▲
Income statement
Code20242025
Non-recurring operating income76A-€253
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€501€501=
Other operating charges640/8€516€672▲
Gross operating margin9900€-4k€-4k▲
Operating profit (loss)9901€-5k€-5k▼
Financial charges65/66B€114€588▲
Recurring financial charges65€114€588▲
Profit (loss) for the period before taxes9903€-5k€-6k▼
Profit (loss) for the period9904€-5k€-6k▼
Profit (loss) for the period to be appropriated9905€-5k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-34k▼
Profit (loss) brought forward from the previous period14P€-23k€-28k▼
The notes to these accounts (5 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Zwalm · 1 establishment unit since 2020
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.
Schoolstraat(Ned) 129636 ZwalmGround area
939 m²
Building footprint
231 m²
Volume, LiDAR
1,442 m³
Parcel 45030A0009/00R000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SUSTAIN
since 20202.309.945.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45030A0009/00R000 | Flanders | 939 m² | 1 · 231 m² | 9.8 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 99,888 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 99,888 EUR | 0 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 1,346 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2020
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.