SUES FINANCE

Active

Public limited companyfounded 201114 yrs activeKunstlaan 1-9°, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0842.102.233

Summary

SUES FINANCE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48.42M and a net result of €1.14M. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2025

67 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability43▲+1

Solvency100=

Growth58=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2M at 30 days acceptable

Liquidity ample (current ratio 50.25 against 56.62 in 2024; short-term debt: 1.7% and cash: 0.4% of total assets), and 1.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

98.3%

Return on assets

2.3%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

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

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

10 d early

2024

1 d early

2023

75 d early

2022

33 d early

2021

54 d early

2020

78 d early

2019

19 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€1.14M▲ 43.7%

2024 · €790k

2018: €651k 2019: €222k 2020: €-11k 2021: €201k 2022: €-52k 2023: €488k 2024: €790k

2018 → 2025

Working capital

€42.01M▲ 9.4%

2024 · €38.40M

2018: €7.94M 2019: €34.44M 2020: €1.78M 2021: €37.16M 2022: €37.85M 2023: €38.99M 2024: €38.40M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€46.79M-€46.73M▼ 0.1%€46.49M▼ 0.5%€47.28M▲ 1.7%€48.42M▲ 2.4%

Operating result€-21k-€-26k▼ 23.3%€-25k▲ 2.8%€-115k▼ 352%€-107k▲ 6.8%

Net result€201k-€-52k€488k€790k▲ 62.0%€1.14M▲ 43.7%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €107k in 2025 against €115k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €49.27M

13.0%

87.0%

Fixed assets €6.41M ▼ 27.9%

Current assets €42.87M ▲ 9.6%

Equity and liabilities €49.27M

98.3%

Equity €48.42M ▲ 2.4%

Debt €855k ▲ 21.9%

Debt's share of the balance-sheet total rises from 1.5% to 1.7%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

Current ratio

50.25▼

2024 · 56.62

Debt to equity

0.02▲

2024 · 0.01

ROE

2.3%▲

2024 · 1.7%

ROA

2.3%▲

2024 · 1.6%

Debt ≤ 1 year

€853k▲

2024 · €691k

Income taxes

€414k▲

2024 · €254k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Balance sheet Code20242025

Assets

Total assets20/58€47.98M€49.27M▲

Fixed assets21/28€8.89M€6.41M▼

Financial fixed assets28€8.89M€6.41M▼

Current assets29/58€39.09M€42.87M▲

Amounts receivable within one year40/41€445k€277k▼

Other amounts receivable41€445k€277k▼

Current investments50/53€38.47M€42.38M▲

Cash at bank and in hand54/58€184k€210k▲

Deferred charges and accrued income490/1€198€1k▲

Equity and liabilities

Total equity and liabilities10/49€47.98M€49.27M▲

Equity10/15€47.28M€48.42M▲

Contributions10/11€46.30M€46.30M=

Capital10€46.30M€46.30M=

Issued capital100€46.30M€46.30M=

Reserves13€981k€2.12M▲

Non-distributable reserves130/1€231k€288k▲

Legal reserve130€231k€288k▲

Distributable reserves133€751k€1.83M▲

Amounts payable17/49€701k€855k▲

Amounts payable within one year42/48€691k€853k▲

Current portion of amounts payable after more than one year42€75k-

Trade debts44€10k€9k▼

Suppliers440/4€10k€9k▼

Taxes, remuneration and social security45€163k€91k▼

Taxes450/3€163k€91k▼

Other amounts payable47/48€443k€753k▲

Accrued charges and deferred income492/3€11k€2k▼

Income statement Code20242025

Other operating charges640/8€87k€84k▼

Gross operating margin9900€-27k€-23k▲

Operating profit (loss)9901€-115k€-107k▲

Financial income75/76B€1.18M€1.80M▲

Recurring financial income75€1.18M€1.80M▲

Financial charges65/66B€24k€143k▲

Recurring financial charges65€24k€143k▲

Profit (loss) for the period before taxes9903€1.04M€1.55M▲

Income taxes67/77€254k€414k▲

Profit (loss) for the period9904€790k€1.14M▲

Profit (loss) for the period to be appropriated9905€790k€1.14M▲

Appropriation of the result

Profit (loss) to be appropriated9906€790k€1.14M▲

Transfer to equity691/2€790k€1.14M▲

To the legal reserve6920€40k€57k▲

To other reserves6921€751k€1.08M▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 16Financial 6Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

21-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Highest result since 2018net €1.14M ▲43.7%

Net result €1.14M, the highest in the series.

30-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

17-05

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Back to profitnet €488k

Net result €488k after one loss-making year.

28-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Weakest financial yearnet €-52k ▼126%

Net result drops to €-52k, the lowest in the series; recovery starts the following year.

07-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Back to profitnet €201k

Net result €201k after one loss-making year.

31-12

Financial Liquidity times 31current ratio 4229.76

Current ratio from 135.38 to 4229.76; short-term debt falls from €13k to €9k.

14-05

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Liquidity times 10current ratio 135.38

Current ratio from 13.53 to 135.38; short-term debt falls from €2.75M to €13k.

Show earlier events

19-08

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 19 days late

2019

11-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

11-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

10-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

17 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, Sint-Joost-ten-Node · 1 establishment unit since 2012

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.

Kunstlaan 1-9°1210 Sint-Joost-ten-Node

Ground area

787 m²

Building footprint

840 m²

Volume, LiDAR

20,751 m³

2 parcels, Brussels · tallest building 40.6 m, ±12 floors. Linked by address, not a title deed.

1 establishment unit

Belliardstraat 20, 1040 Etterbeek

Other activities auxiliary to financial services, excluding insurance and pension funding

since 20122.206.600.441

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21805E0321/00E000	Brussels	425 m²	1 · 477 m²	32.6 m · 9 fl.
21572B0361/00Y002	Brussels	362 m²	1 · 362 m²	40.6 m · 12 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

254900G4A3Q04Z3EVP60

live in the LEI register

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded23-12-2011

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

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