SUKAF

Active

Public limited companyfounded 1994active for 32 yearsVredestraat 49, 8790 Waregem, Belgium15 active companies are registered at this addressKBO/BCE: BE 0452.681.974

From the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SUKAF has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.8m and a net result of €301,677, of which €267,520 non-recurring income. Equity is shrinking by about 5.1% per year across the filed financial years. Its solvency ranks better than 88% of 11,221 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

SUKAFActiveChecked score 97/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 11-05-1994 Normal situation
Legal form: Public limited company
Registered office: Vredestraat 49, 8790 Waregem
Activity: Real estate agency activities NACE 68310and 1 other
Establishment unit: 2.066.934.495 8790 Waregem, since 26-05-1994
Financial year end: 31 December
Peppol: Reachable since 20-11-2025

Company details

Who decides

Board

BALTOManaging director · permanent representative Jochen Moortgat
MOORTGAT Inge Isabelle Suzette KarelDirector · since 28-02-2023
MOORTGAT Karen Leona SuzanneDirector · since 28-02-2023

Shareholders

Milauhretconsolidatesannual accounts 2025
SUFINA33.33%annual accounts 2025
Jochen Moortgatannual accounts 2020

Board & ownership

How it is doing

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts 2025

Gross margin: €843,905; ▼ 11.2%
Turnover: ≈ €2.1m; estimated
Profit: €301,677; ▼ 13.7%
Equity: €3.8m; =
Total assets: €4.4m; ▲ 2.0%

2025 accounts 80 days early

Filed on 12-05-2026PDF

Financials

Why 97lowers riskSize: total assets €4.4mFigures for financial year 2025 (filed 20-05-2026)Liquidity: current ratio 2.08, cash €620,025Equity €3.8m (85.7% of total assets)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 78% of its sector peers (NACE 68, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 85.7% of total assets

Liquidity 68+11

short-term debt 7.0% · cash 14.1%

Profitability 77-2

return on assets 6.9%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,990 companies, NACE 68, small)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €360,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.08, compared with 1.64 in 2024, above the usual 1.5; short-term debt: 7% and cash: 14.1% of total assets), and 14.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 92% on solvency, 92% on liquidity, 87% on profitability and 43% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Size: total assets €4.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 20-05-2026)

NBB · annual accounts

Liquidity: current ratio 2.08, cash €620,025

NBB · annual accounts

Equity €3.8m (85.7% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

80 days early

2024

92 days early

2023

86 days early

2022

117 days early

2021

40 days early

2020

50 days early

2019

23 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 70 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 May (4 of the last 5 filed years within 32 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Among the best 10% on equitysector median €301,806 · 11,226 companies €3.8m View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €301,677, mostly one-off 8 years View

Documents

Key facts about SUKAF

What is the company number of SUKAF?: 0452.681.974. In Belgium the VAT number is the company number with BE in front: BE 0452.681.974.
Where is SUKAF based?: The registered office is at Vredestraat 49, 8790 Waregem.Company details
What does SUKAF do?: According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of SUKAF?: Public limited company (NV).
When was SUKAF founded?: On 11-05-1994.
Is SUKAF still active?: Yes, SUKAF is an active enterprise in the KBO register.
What is the turnover of SUKAF?: ≈ €2.1m in financial year 2025. Estimated from the gross margin of €843,905: probably between €1.4m and €2.7m, based on 30 comparable companies, NACE 683.Financials
Is SUKAF profitable?: In financial year 2025, SUKAF made a profit of €301,677.
Where can I find the annual accounts of SUKAF?: SUKAF filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of SUKAF due?: By 31-07-2027, for financial year 2026.Timeline