Financials
- Financial year
- 2025
- Total assets
- €43,098
- Loss
- -€28,831
- Solvency
- 37.5%
SUSTIX
ActiveSummary
The annual accounts of SUSTIX for financial year 2025 show a net loss of 67% of total assets. The 2025 annual accounts show equity of €16,169 and a net result of -€28,831. Its solvency ranks better than 48% of 13,626 sector peers (NACE 46, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Wholesale of electrical equipment, including installation materials
NACE 46643
1 site
Size
€43,098total assets 2025
- Equity
- €16,169
- Loss
- -€28,831
Turnover not published (micro format)
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearFounded in 2025Loss of €28,831 (financial year 2025)lowers riskLiquidity: current ratio 1.60, cash €14,855Figures for financial year 2025 (filed 16-07-2026)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 46, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency
63
equity 37.5% of total assets
Liquidity
60
short-term debt 62.5% · cash 34.5%
Profitability
0
return on assets -66.9%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 1.6%
06-2026: 1.7%▲ +0.1 percentage points vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026highest value
08-2026: 1.1%▼ -0.6 percentage points vs 07-2026lowest value
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.6, above the usual 1.5; short-term debt: 62.5% and cash: 34.5% of total assets), but 62.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 46% on solvency, 66% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
15 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: FLORRE (director) · Permanent…
Key points
By topic
Board & ownership
- Board
- 1 member
- FLORREDirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643
- Founded
- 09-04-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 9
- Who signs
- Each director alone
- Annual meeting
- Third Saturday of June at 13:00
Key facts about SUSTIX
- What is the company number of SUSTIX?
- 1022.157.096. In Belgium the VAT number is the company number with BE in front: BE 1022.157.096.
- Where is SUSTIX based?
- The registered office is at Nelson Mandelaplein(Kor) 2, 8500 Kortrijk.Company details
- What does SUSTIX do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of SUSTIX?
- Private limited company (BV).
- When was SUSTIX founded?
- On 09-04-2025.
- Is SUSTIX still active?
- Yes, SUSTIX is an active enterprise in the KBO register.
- What is the turnover of SUSTIX?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is SUSTIX profitable?
- In financial year 2025, SUSTIX made a loss of €28,831.
- Where can I find the annual accounts of SUSTIX?
- SUSTIX filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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