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Full Sun

Active
Private limited companyfounded 201115 yrs activeRue de la Westrée 80, 4360 Oreye, BelgiumKBO/BCE: BE 0839.375.246

Full Sun has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €130k and a net result of €-43k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
64 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-91
Solvency100▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 8.82 against 3.04 in 2023; short-term debt: 10.6% and cash: 33.4% of total assets), and 10.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
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
89.4%
Return on assets
-29.2%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
50 d late
2023
61 d late
2022
24 d late
2021
71 d late
2020
2 d early
2019
90 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€130k▼ 24.6%
2023 · €173k
2018: €109k 2019: €133k 2020: €113k 2021: €119k 2022: €127k 2023: €173k
2018 → 2024
Total assets
€145k▼ 42.0%
2023 · €251k
2018: €135k 2019: €227k 2020: €189k 2021: €189k 2022: €319k 2023: €251k
2018 → 2024
Net result
€-43k
2023 · €45k
2018: €186 2019: €24k 2020: €-19k 2021: €6k 2022: €8k 2023: €45k
2018 → 2024
Working capital
€120k▼ 23.8%
2023 · €158k
2018: €91k 2019: €118k 2020: €92k 2021: €99k 2022: €110k 2023: €158k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€113k-€119k▲ 5.0%€127k▲ 7.1%€173k▲ 35.6%€130k▼ 24.6%
Operating result€-17k-€9k€10k▲ 12.4%€70k▲ 579%€-42k
Net result€-19k-€6k€8k▲ 47.8%€45k▲ 439%€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50kOperating result 2020: €-17k€-17kNet result 2020: €-19k€-19kOperating result 2021: €9k€9kNet result 2021: €6k€6kOperating result 2022: €10k€10kNet result 2022: €8k€8kOperating result 2023: €70k€70kNet result 2023: €45k€45kOperating result 2024: €-42k€-42kNet result 2024: €-43k€-43k20202021202220232024
The operating result turns negative in 2024: a loss of €42k after €70k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €145k
Fixed assets €10k▼ 37.7%
Current assets €136k▼ 42.3%
Equity and liabilities €145k
Equity €130k▼ 24.6%
Debt €15k▼ 80.3%
The debt ratio falls from 31.3% to 10.6%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-33k
2023 · €80k
Cash flow
€-33k
2023 · €55k
Solvency
89.4%
2023 · 68.7%
Current ratio
8.82
2023 · 3.04
Quick ratio
6.15
2023 · 2.47
Debt / equity
0.12
2023 · 0.45
ROE
-32.7%
2023 · 26.2%
ROA
-29.2%
2023 · 18.0%
Interest coverage
-53.63
2023 · 150.13
Debt
€15k
2023 · €78k
Debt ≤ 1 year
€15k
2023 · €77k
Income taxes
€247
2023 · €24k
Staff costs
€30k
2023 · €72k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€251k€145k
Fixed assets21/28€16k€10k
Tangible fixed assets22/27€16k€8k
Plant, machinery and equipment23€4k€2k
Furniture and vehicles24€11k€6k
Financial fixed assets28€185€1k
Current assets29/58€235k€136k
Stocks and contracts in progress3€44k€41k
Stocks30/36€44k€41k
Amounts receivable within one year40/41€125k€41k
Trade receivables40€116k€29k
Other amounts receivable41€9k€12k
Cash at bank and in hand54/58€62k€49k
Deferred charges and accrued income490/1€4k€5k
Equity and liabilities
Total equity and liabilities10/49€251k€145k
Equity10/15€173k€130k
Contributions10/11€12k€12k=
Reserves13€160k€118k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€158k€116k
Amounts payable17/49€78k€15k
Amounts payable within one year42/48€77k€15k
Current portion of amounts payable after more than one year42€4k-
Trade debts44€35k€10k
Suppliers440/4€35k€10k
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45€33k€5k
Taxes450/3€28k€1k
Remuneration and social security454/9€5k€4k
Accrued charges and deferred income492/3€1k€115
Income statement Code20232024
Non-recurring operating income76A€30€48
Remuneration, social security and pensions62€72k€30k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k
Other operating charges640/8€2k€2k
Gross operating margin9900€154k€-1k
Operating profit (loss)9901€70k€-42k
Financial income75/76B€146€256
Recurring financial income75€146€256
Financial charges65/66B€532€606
Recurring financial charges65€532€606
Profit (loss) for the period before taxes9903€70k€-42k
Income taxes67/77€24k€247
Profit (loss) for the period9904€45k€-43k
Profit (loss) for the period to be appropriated9905€45k€-43k
Appropriation of the result
Profit (loss) to be appropriated9906€45k€-43k
Transfer from equity791/2-€43k
Transfer to equity691/2€45k-
To other reserves6921€45k-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
19-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
31-12
Financial Weakest financial yearnet €-43k ▼194%
Net result drops to €-43k, the lowest in the series.
31-12
Financial Liquidity triplescurrent ratio 8.82
Current ratio from 3.04 to 8.82; short-term debt falls from €77k to €15k.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Highest result since 2018net €45k ▲439%
Operating result €70k, net result €45k, both a record.
31-12
Financial Equity above €150kEq €173k ▲35.6%
3 profitable years in a row build equity to €173k.
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
10-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
19-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 231 days late
19-03
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 596 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Oreye · 1 establishment unit since 2011
establishment The establishment unit on the map
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 Westrée 804360 Oreye
Ground area
1,038 m²
Building footprint
180 m²
Volume, LiDAR
1,050 m³
Parcel 64056B0111/00Y000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FULL SUN
Rue de la Westrée 80, 4360 OreyeManufacture of machinery and equipment not elsewhere classified
since 20112.202.880.886
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64056B0111/00Y000 Wallonia 1,038 m² 1 · 179 m² 8.0 m · 2 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.

Similar companies · same sector, comparable size

Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,719 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-09-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.