Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SUELO from Gent, company number BE0759749728, closed financial year 2025 with a result of € 700,624 after tax. For that financial year SUELO recorded revenue of € 25,000 and equity of € 11.6 million. Compared with financial year 2024, the result moved from € 702,303 to € 700,624. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 11.6 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 700,624
Profit after tax over the fiscal year.
€ 87,376
▲ 33% 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 € 4.6 million.
Debts at end 2025
€ 1.4 million
▼ 33% vs 2024
€ 684,509 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 397
▼ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,000 | € 25,000 | € 25,000 | € 25,000 | |
| Profit after taxes | € 674,254 | € 696,282 | € 702,303 | € 700,624 | |
| Equity | € 9,526,190 | € 10,222,471 | € 10,924,774 | € 11,625,398 | ▲ 6% |
| Total debts | € 3,401,346 | € 2,729,494 | € 2,055,525 | € 1,374,007 | ▼ 33% |
| Cash | € 190,480 | € 37,415 | € 65,749 | € 87,376 | ▲ 33% |
| Retained profit | € 2,526,190 | € 3,222,471 | € 3,924,774 | € 4,625,398 | ▲ 18% |
| Bank debt | € 3,399,841 | € 2,728,924 | € 2,053,558 | € 1,373,610 | ▼ 33% |
| Balance sheet total | € 12,927,535 | € 12,951,965 | € 12,980,299 | € 12,999,405 |
Key figures of SUELO, 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 July 2027.
What happened to SUELO?
What happened at SUELO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 700,624. Source: NBB ↗
- New establishment in Gent. KBO
- JC WIBO NV became a director. NBB
- SOFOS BV became a director. NBB
- Jeni Invest NV became a director. NBB
- Katharo BV became a director. NBB
- J. Verfaellie BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 674,254 profit in 2022 to € 700,624 profit in 2025.
Best year ever: 2024, with € 702,303 profit.
Management
The stake of BUILDMAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SUELOBehind SUELO are JC WIBO NV, SOFOS BV, Jeni Invest NV, Katharo BV and J. Verfaellie BV. The shares are held by BUILDMAT (65%). It owns 100% of Technicel itself.
Directors
According to the 2025 annual accounts
Director · represented by Jean-Charles Wibo
Also active at: Ateliers Vlassenroot, DESCAR, ALLBOX, VERKOOPKANTOOR ALLBOX EN DESOUTER, ALLBOX EMBALLAGES, COLLINET-ASSAINISSEMENT - COLLINET-WATERZUIVERING, DOMS, DELTA EXTINCTORS +14 more
since 2020
Director · represented by Geert Van Stappen
Also active at: Cobresco, Cool-Cuyvers, BUILDMAT INVEST, ALL-WOOD TRADING, COLLINET-ASSAINISSEMENT - COLLINET-WATERZUIVERING, DOMS, MAVIBO, JENI HOLDING +30 more
since 2020
since 2020
Director · represented by Jo Verfaellie
Also active at: BUILDMAT INVEST, COLLINET-ASSAINISSEMENT - COLLINET-WATERZUIVERING, DOMS, FOYLO, L&S TOP SOLUTIONS, Best Fence Products, OUTILAC – DE MUNTER, Buildmat Invest Wallonie +5 more
since 2020
Shareholders
65%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 1068
9041 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →BUILDMAT INVEST same network
€ 4 million gross margin · 2025
J. VERFAELLIE same network
€ 451,456 gross margin · 2025
L&S TOP SOLUTIONS same network
€ 3.9 million revenue · 2025
Nakra
€ 181,495 gross margin · 2025
Buildmat Invest Wallonie same network
€ 657,000 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.749.728
- VAT number
- BE 0759.749.728
- Registered office
- Antwerpsesteenweg 1068, 9041 Gent
- Names & denominations
- SUELO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
Vermogensbeheer