Financials
Financial year 2025
Sundo from Kortrijk, company number BE0746524866, closed financial year 2025 with a result of € 112,366 after tax. For that financial year Sundo recorded a gross margin of € 399,142 and equity of € 172,515. Compared with financial year 2024, the result moved from € 243,868 to € 112,366. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 172,515
▲ 187% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 112,366
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 86,295
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 157,515.
People and assets in 2025
3.9
Average over the fiscal year, from the social balance sheet.
€ 200,250
▲ 109% vs 2024
€ 51,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,935
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 660,368
▲ 17% vs 2024
€ 368 is repaid this year. At this pace the long-term loan is gone in ≈ 1522 years.
€ 59,963
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,734
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -153,822 | € 77,796 | € 392,592 | € 399,142 | ▲ 2% |
| Profit after taxes | € -178,016 | € -20,703 | € 243,868 | € 112,366 | ▼ 54% |
| Equity | € -163,016 | € -183,719 | € 60,148 | € 172,515 | ▲ 187% |
| Total debts | € 629,938 | € 682,103 | € 692,738 | € 776,339 | ▲ 12% |
| Cash | € 214,776 | € 24,284 | € 276,653 | € 86,295 | ▼ 69% |
| Retained profit | € -178,016 | € -198,719 | € 45,148 | € 157,515 | ▲ 249% |
| Bank debt | € 560,000 | € 568,962 | € 564,723 | € 660,368 | ▲ 17% |
| Balance sheet total | € 466,922 | € 498,384 | € 752,886 | € 948,853 | ▲ 26% |
| Employees (FTE) | - | - | - | 3.9 |
Key figures of Sundo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to Sundo?
What happened at Sundo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 112,366 (▼ 54% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Victor DESMET became a director. NBB
- Frederic VANNIEUWENBORG became a director. NBB
- Jacob LEYSEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 178,016 loss in 2022 to € 112,366 profit in 2025.
Paid € 55,019 in corporate taxes since 2022.
Best year ever: 2024, with € 243,868 profit.
On average € 102,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Sundo are Victor DESMET, Frederic VANNIEUWENBORG and Jacob LEYSEN.
Directors
According to the 2025 annual accounts
Victor DESMET
Director
since 2020
Frederic VANNIEUWENBORG
Director
since 2020
Jacob LEYSEN
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Tuinwijklaan(Bis) 4
8501 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0746.524.866
- VAT number
- BE 0746.524.866
- Registered office
- Tuinwijklaan(Bis) 4, 8501 Kortrijk
- Names & denominations
- Sundo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2020
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- sundo.be [email protected]
- Activities · NACE
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