SUZAR MANAGEMENT
ActiveSUZAR MANAGEMENT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €77k. Equity is shrinking by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 7031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency43=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.19 in 2024; short-term debt: 80.7% and cash: 24.2% of total assets), and 82.3% of the assets are financed with debt.
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 · 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
17.7%
Return on assets
37.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7031 sector peers (2025).
NBB · sector comparisonPosition among 7031 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
4 d early
2022
2 d late
2021
2 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k=
2024 · €36k
2021: €66k
2022: €55k
2023: €78k
2024: €36k
2021 → 2025
Total assets
€206k▲ 1.0%
2024 · €204k
2021: €126k
2022: €123k
2023: €169k
2024: €204k
2021 → 2025
Net result
€77k▲ 32.3%
2024 · €58k
2021: €65k
2022: €-11k
2023: €23k
2024: €58k
2021 → 2025
Working capital
€30k▼ 5.3%
2024 · €32k
2021: €75k
2022: €62k
2023: €80k
2024: €32k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€55k▼ 16.6%€78k▲ 40.8%€36k▼ 53.3%€36k=
Operating result€83k-€-10k€30k€79k▲ 162%€97k▲ 23.8%
Net result€65k-€-11k€23k€58k▲ 158%€77k▲ 32.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€9k▲ 46.1%
Current assets
€197k▼ 0.5%
Equity and liabilities €206k
Equity
€36k=
Debt
€170k▲ 1.2%
The debt ratio rises from 82.1% to 82.3%. Debt is higher.
Key figures and ratios
EBITDA
€99k▲
2024 · €79k
Cash flow
€78k▲
2024 · €59k
Solvency
17.7%▼
2024 · 17.9%
Current ratio
1.18▼
2024 · 1.19
Quick ratio
1.18▼
2024 · 1.19
Debt / equity
4.65▲
2024 · 4.59
ROE
211.9%▲
2024 · 160.1%
ROA
37.5%▲
2024 · 28.6%
Interest coverage
25.01▲
2024 · 20.00
Debt
€170k▲
2024 · €168k
Debt ≤ 1 year
€166k▲
2024 · €166k
Income taxes
€20k▲
2024 · €16k
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€204k€206k▲
Formation expenses20€0-
Fixed assets21/28€6k€9k▲
Tangible fixed assets22/27€1k€4k▲
Land and buildings22€1k€837▼
Furniture and vehicles24-€3k
Financial fixed assets28€5k€5k=
Current assets29/58€198k€197k▼
Amounts receivable after more than one year29€20k€93k▲
Trade receivables290€20k€93k▲
Amounts receivable within one year40/41€44k€43k▼
Trade receivables40€43k€42k▼
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€124k€50k▼
Deferred charges and accrued income490/1€10k€10k▲
Equity and liabilities
Total equity and liabilities10/49€204k€206k▲
Equity10/15€36k€36k=
Contributions10/11€2k€2k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€0-
Amounts payable17/49€168k€170k▲
Amounts payable within one year42/48€166k€166k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Advances received on contracts in progress46-€0
Taxes, remuneration and social security45€43k€30k▼
Taxes450/3€41k€30k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€119k€131k▲
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€551€1k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€80k€100k▲
Operating profit (loss)9901€79k€97k▲
Financial income75/76B€16€3k▲
Recurring financial income75€16€3k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€75k€97k▲
Income taxes67/77€16k€20k▲
Profit (loss) for the period9904€58k€77k▲
Profit (loss) for the period to be appropriated9905€58k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€134k€77k▼
Profit (loss) brought forward from the previous period14P€76k-
Transfer to equity691/2€34k-
To other reserves6921€34k-
Profit to be distributed694/7€100k€77k▼
Return on contributions (dividend)694€100k€77k▼
The notes to these accounts (6 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2021net €77k ▲32.3%
Operating result €97k, net result €77k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Weakest financial yearnet €-11k ▼117%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sprimont · 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.
Rue de la Sablière(RVX) 74140 SprimontGround area
650 m²
Building footprint
58 m²
Volume, LiDAR
565 m³
Parcel 62091G0600/00A000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SUZAR MANAGEMENT
since 20202.305.923.590
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62091G0600/00A000 | Wallonia | 650 m² | 1 · 58 m² | 11.5 m · 3 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.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 5,309 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-08-2020
Fiscal year end30-09
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.