SUT
ActiveSummary
SUT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,199 and a net result of €41,551. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 74% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 4.27 against 3.57 in 2024; short-term debt: 18.3% and cash: 31.9% of total assets), and 20.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.9%
Return on assets
27.2%
Age of the figures
9 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
21 d early
2023
6 d early
2022
4 d early
2021
3 d late
2020
25 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€122,199▲ 40.2%
2024 · €87,148
Total assets
€152,971▲ 30.2%
2024 · €117,502
Net result
€41,551▲ 17.3%
2024 · €35,420
Working capital
€91,870▲ 37.2%
2024 · €66,975
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36,031▲ 6.0%€50,922▲ 41.3%€48,467▼ 4.8%€56,413▲ 16.4%€59,823▲ 6.0%
Net result€20,967within the sector's middle half▲ 2.3%€31,379within the sector's middle half▲ 49.7%€29,971within the sector's middle half▼ 4.5%€35,420within the sector's middle half▲ 18.2%€41,551within the sector's middle half▲ 17.3%
Equity€43,378within the sector's middle half▲ 15.9%€46,757within the sector's middle half▲ 7.8%€61,728within the sector's middle half▲ 32.0%€87,148within the sector's middle half▲ 41.2%€122,199within the sector's middle half▲ 40.2%
Total assets€84,065within the sector's middle half▲ 4.7%€89,508within the sector's middle half▲ 6.5%€86,713within the sector's middle half▼ 3.1%€117,502within the sector's middle half▲ 35.5%€152,971within the sector's middle half▲ 30.2%
Debt€40,687▼ 5.1%€42,752▲ 5.1%€24,986▼ 41.6%€30,354▲ 21.5%€30,772▲ 1.4%
Working capital€29,106▲ 26.7%€37,473▲ 28.7%€39,701▲ 5.9%€66,975▲ 68.7%€91,870▲ 37.2%
Solvency51.6%within the sector's middle half▲ 5.0pp52.2%within the sector's middle half▲ 0.6pp71.2%within the sector's middle half▲ 18.9pp74.2%within the sector's middle half▲ 3.0pp79.9%within the sector's middle half▲ 5.7pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152,971
Fixed assets
€33,041 ▲ 34.9%
Current assets
€119,929 ▲ 28.9%
Equity and liabilities €152,971
Equity
€122,199 ▲ 40.2%
Debt
€30,772 ▲ 1.4%
Debt's share of the balance-sheet total falls from 25.8% to 20.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64,684▲
2024 · €61,532
Cash flow
€46,412▲
2024 · €40,539
Current ratio
4.27▲
2024 · 3.57
Debt to equity
0.25▼
2024 · 0.35
ROE
34.0%▼
2024 · 40.6%
ROA
27.2%▼
2024 · 30.1%
Interest coverage
174.42▲
2024 · 170.97
Debt ≤ 1 year
€28,059▲
2024 · €26,036
Debt > 1 year
€2,713▲
2024 · €318
Income taxes
€18,122▼
2024 · €20,744
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,069 | €4,988 | €5,522 | €5,119 | €4,861 | ▼ 5.0% |
| Other operating charges640/8 | €1,439 | €1,880 | €2,075 | €2,093 | €1,765 | ▼ 15.6% |
| Gross operating margin9900 | €42,539 | €57,790 | €56,064 | €63,624 | €66,449 | ▲ 4.4% |
| Operating profit (loss)9901 | €36,031 | €50,922 | €48,467 | €56,413 | €59,823 | ▲ 6.0% |
| Financial income75/76B | - | €0 | €3 | €111 | €221 | ▲ 98.6% |
| Recurring financial income75 | - | €0 | €3 | €111 | €221 | ▲ 98.6% |
| Financial charges65/66B | €215 | €182 | €279 | €360 | €371 | ▲ 3.0% |
| Recurring financial charges65 | €215 | €182 | €279 | €360 | €371 | ▲ 3.0% |
| Profit (loss) for the period before taxes9903 | €35,817 | €50,740 | €48,190 | €56,164 | €59,673 | ▲ 6.2% |
| Income taxes67/77 | €14,850 | €19,361 | €18,219 | €20,744 | €18,122 | ▼ 12.6% |
| Profit (loss) for the period9904 | €20,967 | €31,379 | €29,971 | €35,420 | €41,551 | ▲ 17.3% |
| Profit (loss) for the period to be appropriated9905 | €20,967 | €31,379 | €29,971 | €35,420 | €41,551 | ▲ 17.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84,065 | €89,508 | €86,713 | €117,502 | €152,971 | ▲ 30.2% |
| Fixed assets21/28 | €14,272 | €9,284 | €23,577 | €24,491 | €33,041 | ▲ 34.9% |
| Tangible fixed assets22/27 | €14,272 | €9,284 | €23,577 | €24,491 | €33,041 | ▲ 34.9% |
| Plant, machinery and equipment23 | €4,508 | €2,839 | €1,192 | €1,212 | €785 | ▼ 35.2% |
| Furniture and vehicles24 | €7,164 | €4,365 | €20,825 | €22,240 | €26,958 | ▲ 21.2% |
| Other tangible fixed assets26 | €2,599 | €2,079 | €1,560 | €1,040 | €5,298 | ▲ 410% |
| Current assets29/58 | €69,793 | €80,225 | €63,137 | €93,011 | €119,929 | ▲ 28.9% |
| Amounts receivable within one year40/41 | €49,424 | €15,584 | €14,758 | €23,133 | €23,178 | ▲ 0.2% |
| Trade receivables40 | €48,484 | €14,257 | €13,431 | €14,407 | €18,791 | ▲ 30.4% |
| Other amounts receivable41 | €940 | €1,327 | €1,327 | €8,727 | €4,387 | ▼ 49.7% |
| Current investments50/53 | - | - | - | - | €45,000 | - |
| Cash at bank and in hand54/58 | €10,365 | €61,540 | €45,509 | €59,910 | €48,866 | ▼ 18.4% |
| Deferred charges and accrued income490/1 | €10,004 | €3,100 | €2,870 | €9,967 | €2,885 | ▼ 71.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84,065 | €89,508 | €86,713 | €117,502 | €152,971 | ▲ 30.2% |
| Equity10/15 | €43,378 | €46,757 | €61,728 | €87,148 | €122,199 | ▲ 40.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €4,860 | €19,360 | €44,360 | €78,360 | ▲ 76.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €3,000 | €17,500 | €42,500 | €76,500 | ▲ 80.0% |
| Profit (loss) carried forward14 | €35,318 | €35,697 | €36,168 | €36,588 | €37,639 | ▲ 2.9% |
| Amounts payable17/49 | €40,687 | €42,752 | €24,986 | €30,354 | €30,772 | ▲ 1.4% |
| Amounts payable after more than one year17 | €0 | - | €1,550 | €318 | €2,713 | ▲ 753% |
| Financial debts170/4 | €0 | - | €1,550 | €318 | €2,713 | ▲ 753% |
| Amounts payable within one year42/48 | €40,687 | €42,752 | €23,436 | €26,036 | €28,059 | ▲ 7.8% |
| Current portion of amounts payable after more than one year42 | €1,681 | €0 | €1,168 | €1,231 | €1,606 | ▲ 30.4% |
| Trade debts44 | €6,348 | €2,681 | €0 | €844 | €7,117 | ▲ 743% |
| Suppliers440/4 | €6,348 | €2,681 | €0 | €844 | €7,117 | ▲ 743% |
| Taxes, remuneration and social security45 | €29,274 | €39,004 | €20,274 | €15,438 | €19,259 | ▲ 24.7% |
| Taxes450/3 | €29,274 | €39,004 | €20,274 | €15,438 | €19,259 | ▲ 24.7% |
| Other amounts payable47/48 | €3,385 | €1,067 | €1,994 | €8,522 | €77 | ▼ 99.1% |
| Accrued charges and deferred income492/3 | - | - | - | €4,000 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,967 | €31,379 | €29,971 | €35,420 | €41,551 | ▲ 17.3% |
| + Depreciation and write-downs630 | €5,069 | €4,988 | €5,522 | €5,119 | €4,861 | ▼ 5.0% |
| Operating cash flow (approximation) | €26,036 | €36,367 | €35,493 | €40,539 | €46,412 | ▲ 14.5% |
| Investment in fixed assets (approximation) | - | €0 | -€19,815 | -€6,034 | -€13,411 | ▼ 122% |
| Change in cash | - | €51,175 | -€16,032 | €14,401 | -€11,044 | ▼ 177% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €41,551 ▲17.3%
Operating result €59,823, net result €41,551, both a record.
31-12
Financial
Equity above €100,000Eq €122,199 ▲40.2%
6 profitable years in a row build equity to €122,199.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €20,497
Net result €20,497 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet -€700
Net result drops to -€700, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Ninove · 1 establishment unit since 2012
Ground area
1,232 m²
Building footprint
112 m²
Volume, LiDAR
586 m³
Parcel 41004A0282/00P003, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SUT
since 20122.214.287.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41004A0282/00P003 | Flanders | 1,232 m² | 1 · 112 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
875500NG0RFID5FGAA31
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,469 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-11-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47761Retail sale of flowers, plants, seeds and fertilisers
Contact
E-mail
evy.geerts@gmail.comNinove
Phone
0474597124Ninove
E-invoicing
Reachable via Peppol
Peppol ID
0208:0500788036
Also
9925:BE0500788036
Registered
01-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.