SUSEIA
ActiveSummary
SUSEIA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €-3k. Equity is shrinking by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▲+16
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.77 against 4.8 in 2024; short-term debt: 20.5% and cash: 87.8% of total assets), and 20.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
79.5%
Return on assets
-2%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192022232425
2019 to 2025 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
23 d early
2023
27 d early
2022
15 d early
2021
10 d early
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€117k▼ 2.4%
2024 · €120k
2019: €483khighest value
2020: €480k▼ -0.7% vs 2019
2022: €236k
2023: €174k▼ -26.1% vs 2022
2024: €120k▼ -31.0% vs 2023
2025: €117k▼ -2.4% vs 2024lowest value
2019 → 2025
Total assets
€147k▲ 0.8%
2024 · €146k
2019: €492khighest value
2020: €482k▼ -1.8% vs 2019
2022: €295k
2023: €246k▼ -16.5% vs 2022
2024: €146k▼ -40.7% vs 2023lowest value
2025: €147k▲ +0.8% vs 2024
2019 → 2025
Net result
€-3k▲ 94.6%
2024 · €-54k
2019: €-339highest value
2020: €-3k▼ -846% vs 2019
2022: €-76klowest value
2023: €-62k▲ +19.0% vs 2022
2024: €-54k▲ +12.3% vs 2023
2025: €-3k▲ +94.6% vs 2024
2019 → 2025
Working capital
€114k▲ 14.9%
2024 · €99k
2019: €265k
2020: €279k▲ +5.1% vs 2019highest value
2022: €221k
2023: €145k▼ -34.3% vs 2022
2024: €99k▼ -31.7% vs 2023lowest value
2025: €114k▲ +14.9% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€480k-€236k▼ 50.9%€174k▼ 26.1%€120k▼ 31.0%€117k▼ 2.4%
2020: €480khighest value
2022: €236k
2023: €174k▼ -26.1% vs 2022
2024: €120k▼ -31.0% vs 2023
2025: €117k▼ -2.4% vs 2024lowest value
Operating result€-22k-€-75k▼ 235%€-62k▲ 17.0%€-56k▲ 10.4%€-4k▲ 92.0%
2020: €-22k
2022: €-75klowest value
2023: €-62k▲ +17.0% vs 2022
2024: €-56k▲ +10.4% vs 2023
2025: €-4k▲ +92.0% vs 2024highest value
Net result€-3k-€-76k▼ 2,270%€-62k▲ 19.0%€-54k▲ 12.3%€-3k▲ 94.6%
2020: €-3k
2022: €-76klowest value
2023: €-62k▲ +19.0% vs 2022
2024: €-54k▲ +12.3% vs 2023
2025: €-3k▲ +94.6% vs 2024highest value
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €56k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€3k ▼ 85.5%
Current assets
€144k ▲ 15.1%
Equity and liabilities €147k
Equity
€117k ▼ 2.4%
Debt
€30k ▲ 15.8%
Debt's share of the balance-sheet total rises from 17.9% to 20.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-650▲
2024 · €-48k
Cash flow
€900▲
2024 · €-46k
Current ratio
4.77▼
2024 · 4.80
Debt to equity
0.26▲
2024 · 0.22
ROE
-2.5%▲
2024 · -45.0%
ROA
-2.0%▲
2024 · -37.0%
Interest coverage
-4.43▲
2024 · -79.24
Debt ≤ 1 year
€30k▲
2024 · €26k
Income taxes
€195▼
2024 · €238
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€146k€147k▲
Fixed assets21/28€21k€3k▼
Tangible fixed assets22/27€21k€3k▼
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€14k€0▼
Current assets29/58€125k€144k▲
Amounts receivable after more than one year29€98k€8k▼
Other amounts receivable291€98k€8k▼
Amounts receivable within one year40/41€2k€1k▼
Trade receivables40€971€956▼
Other amounts receivable41€570€121▼
Cash at bank and in hand54/58€19k€129k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€146k€147k▲
Equity10/15€120k€117k▼
Contributions10/11€12k€12k=
Reserves13€60k€60k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€60k€60k=
Profit (loss) carried forward14€47k€44k▼
Amounts payable17/49€26k€30k▲
Amounts payable within one year42/48€26k€30k▲
Trade debts44€245€111▼
Suppliers440/4€245€111▼
Taxes, remuneration and social security45€824€1k▲
Taxes450/3€824€1k▲
Other amounts payable47/48€25k€29k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼
Other operating charges640/8€956€16k▲
Gross operating margin9900€-47k€15k▲
Operating profit (loss)9901€-56k€-4k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€605€147▼
Recurring financial charges65€605€147▼
Profit (loss) for the period before taxes9903€-54k€-3k▲
Income taxes67/77€238€195▼
Profit (loss) for the period9904€-54k€-3k▲
Profit (loss) for the period to be appropriated9905€-54k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€44k▼
Profit (loss) brought forward from the previous period14P€101k€47k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €112 | €4k | €6k | €8k | €4k | ▼ 51.6% |
| Other operating charges640/8 | - | €4k | €1k | €956 | €16k | ▲ 1,560% |
| Non-recurring operating charges66A | - | €83k | - | - | - | - |
| Gross operating margin9900 | €-22k | €16k | €-55k | €-47k | €15k | ▲ 132% |
| Operating profit (loss)9901 | €-22k | €-75k | €-62k | €-56k | €-4k | ▲ 92.0% |
| Financial income75/76B | - | €7 | €2k | €3k | €2k | ▼ 27.9% |
| Recurring financial income75 | €20k | €7 | €2k | €3k | €2k | ▼ 27.9% |
| Non-recurring financial income76B | - | €7 | - | - | - | - |
| Financial charges65/66B | - | €961 | €878 | €605 | €147 | ▼ 75.7% |
| Recurring financial charges65 | €293 | €961 | €878 | €605 | €147 | ▼ 75.7% |
| Profit (loss) for the period before taxes9903 | €-3k | €-76k | €-61k | €-54k | €-3k | ▲ 95.0% |
| Income taxes67/77 | €367 | €32 | €235 | €238 | €195 | ▼ 18.3% |
| Profit (loss) for the period9904 | €-3k | €-76k | €-62k | €-54k | €-3k | ▲ 94.6% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-76k | €-62k | €-54k | €-3k | ▲ 94.6% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €482k | €295k | €246k | €146k | €147k | ▲ 0.8% |
| Fixed assets21/28 | €201k | €14k | €29k | €21k | €3k | ▼ 85.5% |
| Tangible fixed assets22/27 | €112 | €14k | €29k | €21k | €3k | ▼ 85.5% |
| Plant, machinery and equipment23 | - | €14k | €11k | €7k | €3k | ▼ 55.9% |
| Furniture and vehicles24 | - | - | €18k | €14k | €0 | ▼ 100% |
| Financial fixed assets28 | €201k | - | - | - | - | - |
| Current assets29/58 | €281k | €280k | €218k | €125k | €144k | ▲ 15.1% |
| Amounts receivable after more than one year29 | - | €4k | €143k | €98k | €8k | ▼ 92.0% |
| Trade receivables290 | - | €3k | - | - | - | - |
| Other amounts receivable291 | - | €1k | €143k | €98k | €8k | ▼ 92.0% |
| Amounts receivable within one year40/41 | €4k | - | €2k | €2k | €1k | ▼ 30.1% |
| Trade receivables40 | - | - | €750 | €971 | €956 | ▼ 1.5% |
| Other amounts receivable41 | - | - | €807 | €570 | €121 | ▼ 78.8% |
| Cash at bank and in hand54/58 | €201k | €274k | €70k | €19k | €129k | ▲ 563% |
| Deferred charges and accrued income490/1 | - | €2k | €4k | €7k | €6k | ▼ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €482k | €295k | €246k | €146k | €147k | ▲ 0.8% |
| Equity10/15 | €480k | €236k | €174k | €120k | €117k | ▼ 2.4% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €58k | €60k | €60k | €60k | €60k | = |
| Non-distributable reserves130/1 | - | €4k | €4k | €0 | - | - |
| Reserves not available under the articles1311 | - | €4k | €4k | €0 | - | - |
| Distributable reserves133 | - | €57k | €57k | €60k | €60k | = |
| Profit (loss) carried forward14 | €415k | €163k | €101k | €47k | €44k | ▼ 6.1% |
| Amounts payable17/49 | €2k | €59k | €72k | €26k | €30k | ▲ 15.8% |
| Amounts payable within one year42/48 | €2k | €59k | €72k | €26k | €30k | ▲ 15.8% |
| Trade debts44 | €951 | €2k | €856 | €245 | €111 | ▼ 54.7% |
| Suppliers440/4 | - | €2k | €856 | €245 | €111 | ▼ 54.7% |
| Advances received on contracts in progress46 | - | €2k | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €1k | €1k | €824 | €1k | ▲ 77.5% |
| Taxes450/3 | - | €1k | €1k | €824 | €1k | ▲ 77.5% |
| Other amounts payable47/48 | - | €54k | €70k | €25k | €29k | ▲ 14.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-76k | €-62k | €-54k | €-3k | ▲ 94.6% |
| + Depreciation and write-downs630 | €112 | €4k | €6k | €8k | €4k | ▼ 51.6% |
| Operating cash flow (approximation) | €-3k | €-72k | €-56k | €-46k | €900 | ▲ 102% |
| Investment in fixed assets (approximation) | - | - | €-20k | €0 | €14k | - |
| Change in cash | - | - | €-205k | €-50k | €110k | ▲ 319% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-76k
Net result drops to €-76k, the lowest in the series; recovery starts the following year.
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Liquidity triplescurrent ratio 120.03
Current ratio from 40.57 to 120.03; short-term debt falls from €7k to €2k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 6 days late
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
07-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Mechelen · 1 establishment unit since 2004
Ground area
91 m²
Building footprint
65 m²
Volume, LiDAR
446 m³
Parcel 12025A0135/00B000, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CARACTER COMPANY
since 20042.214.031.433
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025A0135/00B000 | Flanders | 91 m² | 1 · 65 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,845 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-12-2004
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.