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SUTLAB

Active Private limited companyfounded 2002active for 24 yearsJules Lejeunestraat 40, 1050 IxellesKBO/BCE: BE 0478.345.996 subsidiary of

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 2003
peak €57,080 (2015)
-€3,535▲ €4,097
lowest -€41,003 (2024)
-€40,571▲ €433
peak €222,702 (2020)
€48,777▼ 45.4%
€221,271▲ 16.9%
Board2 names since 2021
1 director
Owners
100%
Documentsfilings and deeds
18-05-202674 days before the deadline
2025financial year
Gross margin from -€7,631 to -€3,535Loss of €40,571Equity from €89,348 to €48,777Debts from €189,330 to €221,271Cash from €61 to €176

Key points

from the 2025 annual accounts

Equity

€48,777 from €222,702 in 2020

Equity fell by 78% in 5 years.

Losses

-€173,925 in five years
-24,4012021-33,5132022-34,4372023-41,0032024-40,5712025

Every financial year from 2021 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€221,271 82% of the balance sheet
After one year 0%Within one year 100%

Of this, €220,666 falls due within a year.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Two of the last ten came late. The 2024 accounts came latest: 30 days after the end of the period.

Position in the sector

-€40,571

Lower net result than 84% of companies in office administrative support. Sector median €100,574 · 619 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,221 companies had the same profile as SUTLAB has now. Each dot stands for 4 companies, two years later.

88.6%
were still trading
7.4%
stopped another way
3.8%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,221 companies, not a prediction for SUTLAB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100%score equity €1.5m (2025) · annual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0478345996
Registered office moved from Saint-Gilles to Ixelles New registered office: rue Jules Lejeune 40, 1050 Ixelles · Previous registered office: rue de la Source 67, 1060 Saint-Gilles · Resignation: (director) · Gazette deed
First establishment Jules Lejeunestraat 40, Ixelles
Registered office moved from Saint-Gilles to Brussels New registered office: rue de la Source 67 à 1060 Bruxelles · Previous registered office: 49 rue de Bordeaux à 1060 Saint-Gilles · General meeting of 15-03-2024 · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company
SUTLAB Ixelles - - 18.1% -
MICALOMAR Charleroi - - 55.4% -
KET & CO Pajottegem - - 18.7% -
ALL IN ONE SERVICES Ternat - - 41.7% -
ACCOUNTLY Hasselt €10,287 - 64.5% -
JARLIN Beveren-Kruibeke-Zwijndrecht - - -76.6% -
ALCHIMERYS Brussels €16,422 - 92.4% -

These companies have the same main activity as SUTLAB: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €181,000 and €318,000, founded between 1999 and 2004.

Official details

Source: KBO
Status
Active since 17-09-2002Normal situation
Activity
Office administrative and support servicesNACE 82100and 2 others
Establishment unit
2.367.468.2111050 Ixelles, since 25-11-2024
Financial year end
31 December
Peppol
Reachable since 29-08-2025
Company details

Annual accounts 2025

€270,049▼ 3.1%
Filing
Filed on 18-05-2026, 74 days before the end of the filing period
Financials

Insights on SUTLAB

Solvency fell in 2025 from 32.1% to 18.1% because of the loss.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SUTLAB

What is the company number of SUTLAB?
The company number of SUTLAB is 0478.345.996. The VAT number is the same number with BE in front: BE 0478.345.996.
Where is SUTLAB based?
The registered office is at Jules Lejeunestraat 40, 1050 Ixelles.Company details
What does SUTLAB do?
According to the KBO register, the main activity is office administrative and support services (NACE 82100).
What is the legal form of SUTLAB?
SUTLAB is a private limited company (BV).
When was SUTLAB founded?
SUTLAB was founded on 17-09-2002.
Is SUTLAB still active?
Yes, SUTLAB is an active enterprise in the KBO register.
What is the turnover of SUTLAB?
The annual accounts for financial year 2025 state no turnover. In financial year 2022 turnover was €0.Financials
Is SUTLAB profitable?
In financial year 2025, SUTLAB made a loss of €40,571.
Where can I find the annual accounts of SUTLAB?
SUTLAB filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SUTLAB due?
SUTLAB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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