ACTIVE

SUNATHIM

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Financial year 2025 · closed on 31/12/2025

Net result

6,1 k €

-87.8% YoY

Gross margin

16,9 k €

-72.8% YoY

Equity

69,8 k €

+9.5% YoY

What does SUNATHIM do?

SUNATHIM is a Private limited company incorporated in 2001. Its main activity is: Management consultancy activities. Its registered office is in Vosselaar.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.893.093

Incorporation

06/06/2001

Legal form

Private limited company

Registered office

Wielewaalstraat 18
2350 Vosselaar · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 46180Agents specialised in the sale of other particular products 46180Agents specialised in the sale of other particular products 51180Passenger air transport

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2010		2009		2008		2007		2006
Income statement
Gross margin	16,9 k €	-72.8%	62,1 k €	+1.3%	61,3 k €	-40.8%	103,5 k €	+15.2%	89,8 k €	+6895%	-1,3 k €	+84.4%	-8,5 k €	+14.5%	-9,9 k €	+25.1%	-13,2 k €	-70.6%	-7,7 k €
EBITDA	16,4 k €	-73.4%	61,5 k €	+3.0%	59,7 k €	-41.8%	102,6 k €	+35.0%	76 k €	+5118%	-1,5 k €	+82.7%	-8,7 k €	+13.5%	-10,1 k €	+25.3%	-13,5 k €	-69.1%	-8 k €
Operating result	15,8 k €	-73.9%	60,7 k €	+4.3%	58,2 k €	-41.8%	100,1 k €	+17.2%	85,4 k €	+4871%	-1,8 k €	+80.1%	-9 k €	+10.7%	-10,1 k €	+27.0%	-13,8 k €	-66.4%	-8,3 k €
Net result	6,1 k €	-87.8%	49,6 k €	-8.1%	54 k €	-42.3%	93,6 k €	+21.1%	77,3 k €	+10275%	-759,4 €	+90.4%	-7,9 k €	+7.2%	-8,5 k €	+29.2%	-12 k €	-106%	-5,8 k €
Balance sheet
Equity	69,8 k €	+9.5%	63,7 k €	-52.5%	134,1 k €	-4.3%	140,1 k €	+15.3%	121,5 k €	-54.0%	264 k €	-0.3%	264,7 k €	-2.9%	272,6 k €	-3.0%	281,1 k €	-4.1%	293,1 k €
Total assets	79,7 k €	+10.9%	71,9 k €	-48.5%	139,6 k €	-3.7%	145 k €	+1.3%	143,1 k €	-48.6%	278,6 k €	-0.3%	279,4 k €	-2.7%	287,1 k €	-2.9%	295,6 k €	-4.0%	307,9 k €
Cash	46,4 k €	+193%	15,8 k €	+3.1%	15,4 k €	-85.5%	105,9 k €	-15.1%	124,7 k €	+13103%	944,4 €	-48.0%	1,8 k €	+234%	544,4 €	+197%	183 €	-98.6%	12,9 k €
Debts	6,1 k €	-24.7%	8,1 k €	+48.6%	5,5 k €	+52.7%	3,6 k €	-83.4%	21,6 k €	+47.5%	14,6 k €	-0.1%	14,7 k €	+1.3%	14,5 k €	+0.2%	14,4 k €	-0.5%	14,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Christine Clerinx

Director · since 22 septembre 2021

Active

Sunangal Ajit Shetty

Director · since 22 septembre 2021

Active

Ended mandates

Ajit Shetty

Manager · since 01 avril 2012

Ended

Ajit Shetty Sunangal

Director · since 01 avril 2012

Ended

Ajit Shetty Sunangal

Manager · since 01 avril 2012

Ended

Christine Clerinx

Director · since 01 juin 2001

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/06/2026	01/07/2025	17/06/2024	13/06/2023	13/06/2022	14/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	19/06/2026	Dutch	PDF
Micro model	31/12/2024	02/06/2025	01/07/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	17/06/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	13/06/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	13/06/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	14/06/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	12/06/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	21/06/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	13/06/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	19/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	01/08/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	06/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	14/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Christine Clerinx

Director · since 22 septembre 2021

Active

Sunangal Ajit Shetty

Director · since 22 septembre 2021

Active

Ended mandates

Ajit Shetty

Manager · since 01 avril 2012

Ended

Ajit Shetty Sunangal

Director · since 01 avril 2012

Ended

Ajit Shetty Sunangal

Manager · since 01 avril 2012

Ended

Christine Clerinx

Director · since 01 juin 2001

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other01/06/2012
DOEL
PDF
Mandates03/05/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/01/2008
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares10/05/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20256,1 k €↓
2024
Annual accounts 202449,6 k €↓
2023
Annual accounts 202354 k €↓
2022
Annual accounts 202293,6 k €↑
2021
Annual accounts 202177,3 k €↑
2010
Annual accounts 2010-759,4 €↑
2009
Annual accounts 2009-7,9 k €↑
2008
Annual accounts 2008-8,5 k €↑
2007
Annual accounts 2007-12 k €↓
2006
Annual accounts 2006-5,8 k €
06/06/2001
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SUNATHIM

Overview

What does SUNATHIM do?

Trend over 10 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline