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SUTISA

Active
Private limited companyfounded 20242 yrs activeScheutboschlaan 33, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1008.488.808
Summary

The computed 12-month bankruptcy probability of SUTISA is 8.9% (elevated). The 2024 annual accounts show negative equity (-€60,277) and a net result of -€85,277. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency3
Growth-
Track record67
Bankruptcy probability, 12 months
8.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3; short-term debt: 53.5% and cash: 2.7% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
-21.9%
Return on assets
-31%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SUTISA was incorporated on 17 April 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€60,277
Total assets
€274,797
Net result
-€85,277
Working capital
-€103,610

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €274,797
Fixed assets €231,323
Current assets €43,474
Key figures and ratios
2024 value
EBITDA
-€83,112
Cash flow
-€83,194
Solvency
-21.9%
Current ratio
0.30
Debt to equity
-5.56
ROA
-31.0%
Interest coverage
-3323.15
Debt
€335,074
Debt ≤ 1 year
€147,084
Debt > 1 year
€187,989
Income taxes
€57

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 8.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 7,657 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
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€274,797
Fixed assets21/28€231,323
Tangible fixed assets22/27€231,323
Land and buildings22€205,569
Furniture and vehicles24€25,754
Current assets29/58€43,474
Amounts receivable within one year40/41€35,000
Trade receivables40€35,000
Cash at bank and in hand54/58€7,383
Deferred charges and accrued income490/1€1,092
Equity and liabilities
Total equity and liabilities10/49€274,797
Equity10/15-€60,277
Contributions10/11€25,000
Profit (loss) carried forward14-€85,277
Amounts payable17/49€335,074
Amounts payable after more than one year17€187,989
Other amounts payable178/9€187,989
Amounts payable within one year42/48€147,084
Current portion of amounts payable after more than one year42€24,666
Trade debts44€10,684
Suppliers440/4€10,684
Taxes, remuneration and social security45€57
Taxes450/3€57
Other amounts payable47/48€111,678
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,083
Other operating charges640/8€27,361
Gross operating margin9900-€55,751
Operating profit (loss)9901-€85,195
Financial charges65/66B€25
Recurring financial charges65€25
Profit (loss) for the period before taxes9903-€85,220
Income taxes67/77€57
Profit (loss) for the period9904-€85,277
Profit (loss) for the period to be appropriated9905-€85,277
Appropriation of the result
Profit (loss) to be appropriated9906-€85,277

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,083
Other operating charges640/8€27,361
Gross operating margin9900-€55,751
Operating profit (loss)9901-€85,195
Financial charges65/66B€25
Recurring financial charges65€25
Profit (loss) for the period before taxes9903-€85,220
Income taxes67/77€57
Profit (loss) for the period9904-€85,277
Profit (loss) for the period to be appropriated9905-€85,277
Line2024
Assets
Total assets20/58€274,797
Fixed assets21/28€231,323
Tangible fixed assets22/27€231,323
Land and buildings22€205,569
Furniture and vehicles24€25,754
Current assets29/58€43,474
Amounts receivable within one year40/41€35,000
Trade receivables40€35,000
Cash at bank and in hand54/58€7,383
Deferred charges and accrued income490/1€1,092
Equity and liabilities
Total equity and liabilities10/49€274,797
Equity10/15-€60,277
Contributions10/11€25,000
Profit (loss) carried forward14-€85,277
Amounts payable17/49€335,074
Amounts payable after more than one year17€187,989
Other amounts payable178/9€187,989
Amounts payable within one year42/48€147,084
Current portion of amounts payable after more than one year42€24,666
Trade debts44€10,684
Suppliers440/4€10,684
Taxes, remuneration and social security45€57
Taxes450/3€57
Other amounts payable47/48€111,678
Line2024
Profit (loss) for the period9904-€85,277
+ Depreciation and write-downs630€2,083
Operating cash flow (approximation)-€83,194

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
156 m²
Building footprint
47 m²
Volume, LiDAR
392 m³
Parcel 21524C0066/00M002, Brussels · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Scheutboschlaan 33, 1080 Sint-Jans-Molenbeek
Renting and operating of own or leased residential real estate, excluding social housing
since 20242.359.180.847
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21524C0066/00M002 Brussels 156 m² 1 · 47 m² 9.3 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded17-04-2024
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.