SUELO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11.63M and a net result of €701k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 2389 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 d early
2024
73 d early
2023
48 d early
2022
47 d early
2021
39 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€11.63M▲ 6.4%
2024 · €10.92M
2021: €8.85M
2022: €9.53M
2023: €10.22M
2024: €10.92M
2021 → 2025
Net result
€701k▼ 0.2%
2024 · €702k
2021: €1.85M
2022: €674k
2023: €696k
2024: €702k
2021 → 2025
Total assets
€13.00M▲ 0.1%
2024 · €12.98M
2021: €12.75M
2022: €12.93M
2023: €12.95M
2024: €12.98M
2021 → 2025
Solvency
89.4%▲ 5.3pp
2024 · 84.2%
2021: 69.4%
2022: 73.7%
2023: 78.9%
2024: 84.2%
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€25k-€25k=€25k=€25k=€25k=
Equity€8.85M-€9.53M▲ 7.6%€10.22M▲ 7.3%€10.92M▲ 6.9%€11.63M▲ 6.4%
Operating result€17k-€20k▲ 19.8%€18k▼ 10.7%€19k▲ 9.2%€13k▼ 32.6%
Net result€1.85M-€674k▼ 63.6%€696k▲ 3.3%€702k▲ 0.9%€701k▼ 0.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.00M
Fixed assets
€12.74M=
Current assets
€262k▲ 7.9%
Equity and liabilities €13.00M
Equity
€11.63M▲ 6.4%
Debt
€1.37M▼ 33.2%
The debt ratio falls from 15.8% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
89.4%▲
2024 · 84.2%
ROE
6.0%▼
2024 · 6.4%
ROA
5.4%▼
2024 · 5.4%
Debt
€1.37M▼
2024 · €2.06M
Debt ≤ 1 year
€685k▲
2024 · €682k
Debt > 1 year
€689k▼
2024 · €1.37M
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€12.98M€13.00M▲
Fixed assets21/28€12.74M€12.74M=
Financial fixed assets28€12.74M€12.74M=
Affiliated companies280/1€12.74M€12.74M=
Participating interests280€12.74M€12.74M=
Current assets29/58€243k€262k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€178k€175k▼
Trade receivables40€3k€0▼
Other amounts receivable41€175k€175k=
Cash at bank and in hand54/58€66k€87k▲
Equity and liabilities
Total equity and liabilities10/49€12.98M€13.00M▲
Equity10/15€10.92M€11.63M▲
Contributions10/11€7.00M€7.00M=
Reserves13€3.92M€4.63M▲
Distributable reserves133€3.92M€4.63M▲
Amounts payable17/49€2.06M€1.37M▼
Amounts payable after more than one year17€1.37M€689k▼
Financial debts170/4€1.37M€689k▼
Credit institutions173€1.37M€689k▼
Amounts payable within one year42/48€682k€685k▲
Current portion of amounts payable after more than one year42€680k€685k▲
Trade debts44€2k€0▼
Suppliers440/4€2k€0▼
Taxes, remuneration and social security45€416€397▼
Taxes450/3€416€397▼
Income statement
Code20242025
Operating income70/76A€25k€25k=
Turnover70€25k€25k=
Operating charges60/66A€6k€12k▲
Services and other goods61€5k€10k▲
Other operating charges640/8€141€2k▲
Operating profit (loss)9901€19k€13k▼
Financial income75/76B€700k€700k=
Recurring financial income75€700k€700k=
Income from financial fixed assets750€700k€700k=
Financial charges65/66B€17k€13k▼
Recurring financial charges65€17k€13k▼
Debt charges650€17k€12k▼
Other financial charges652/9€579€478▼
Profit (loss) for the period before taxes9903€702k€701k▼
Profit (loss) for the period9904€702k€701k▼
Profit (loss) for the period to be appropriated9905€702k€701k▼
Appropriation of the result
Profit (loss) to be appropriated9906€702k€701k▼
Transfer to equity691/2€702k€701k▼
To other reserves6921€702k€701k▼
The notes to these accounts (24 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €10MEq €10.22M ▲7.3%
3 profitable years in a row build equity to €10.22M.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €674k ▼63.6%
Net result drops to €674k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Gent · 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.
Antwerpsesteenweg 10689041 GentGround area
2.4 ha
Building footprint
6,465 m²
Volume, LiDAR
48,322 m³
Parcel 44051C0583/00Y000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Antwerpsesteenweg 1068, 9041 Gent
since 20202.316.087.905
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051C0583/00Y000 | Flanders | 2.4 ha | 1 · 6,465 m² | 10.2 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 24,728 companies in sector 64210 we hold annual accounts for 19,762. 5,622 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2020
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
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.