ACTIVE

SUTLAB

Financial year 2025 · closed on 31/12/2025
Net result
-40,6 k €
+1.1% YoY
Gross margin
-3,5 k €
+53.7% YoY
Equity
48,8 k €
-45.4% YoY

What does SUTLAB do?

SUTLAB is a Private limited company incorporated in 2002. Its main activity is: Office administrative and support activities. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.345.996
Incorporation
17/09/2002
Legal form
Private limited company
Registered office
Rue Jules Lejeune 40
1050 Ixelles · BruxellesSee on map
Contributed capital
74 943,00 €
Latest accounts
31/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-3,5 k €-7,6 k €-4,9 k €-4,8 k €1,8 k €48 k €50,2 k €49,6 k €47,1 k €52,5 k €57,1 k €55 k €55,8 k €53,1 k €49,7 k €48,3 k €48,7 k €47,8 k €46,3 k €
EBITDA-7 k €-13,2 k €-8,5 k €-7,5 k €-2 k €45,4 k €47,7 k €47,1 k €44,6 k €50,1 k €55 k €52,9 k €53,7 k €51 k €47,7 k €46,3 k €46,7 k €45,9 k €44,4 k €
Operating result-32,5 k €-39,4 k €-34,2 k €-32,7 k €-22,6 k €28,3 k €30,9 k €30,8 k €26,4 k €31,8 k €41,3 k €40,4 k €41,2 k €36,3 k €33 k €31,6 k €32 k €31,3 k €31,7 k €
Net result-40,6 k €-41 k €-34,4 k €-33,5 k €-24,4 k €18,7 k €17,4 k €16,7 k €12,3 k €15,2 k €17,4 k €14,9 k €17,7 k €13,9 k €11,6 k €10,4 k €9,3 k €7,8 k €7,6 k €
Balance sheet
Equity48,8 k €89,3 k €130,4 k €164,8 k €198,3 k €222,7 k €204 k €186,7 k €170 k €157,6 k €142,5 k €125 k €71,2 k €96,7 k €82,9 k €71,3 k €60,9 k €51,6 k €43,8 k €
Total assets270 k €278,7 k €304,7 k €326,3 k €332,1 k €294,2 k €292,8 k €303,6 k €321,4 k €335,9 k €345,4 k €363,3 k €355,8 k €354,8 k €354,7 k €357,3 k €360,8 k €375,8 k €377,1 k €
Cash176,4 €60,9 €386,8 €134,8 €1,4 k €23,9 k €9,3 k €7,7 k €10,1 k €6,3 k €63,8 k €83,6 k €64,4 k €50,9 k €32 k €24,2 k €9,3 k €13,4 k €19,2 k €
Debts220,7 k €188,6 k €174,4 k €161,6 k €133,7 k €71,5 k €88,8 k €116,9 k €151,5 k €177,9 k €203 k €238,3 k €284,6 k €258,1 k €270,5 k €286 k €299,9 k €324,2 k €333,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

IMMO REMO

Director · 0424.251.670

Represented by Arthur Schurmans

Active

Ended mandates

Françoise Baltus

Managing director

Ended
Françoise Baltus

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Immo ConceptActive
0444.419.356
IMMO REMOActive
0424.251.670
NUMMERKESActive
1023.226.274
ROBEL INVESTActive
0456.742.712
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/05/202630/08/202516/04/202414/06/202323/05/202211/06/2021
General meeting15/04/202615/04/202515/04/202415/05/202315/04/202215/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/04/202618/05/2026FrenchPDF
Abridged model31/12/202415/04/202530/08/2025FrenchPDF
Micro model31/12/202315/04/202416/04/2024FrenchPDF
Micro model31/12/202215/05/202314/06/2023FrenchPDF
Micro model31/12/202115/04/202223/05/2022FrenchPDF
Micro model31/12/202015/04/202111/06/2021FrenchPDF
Micro model31/12/201915/04/202002/06/2020FrenchPDF
Micro model31/12/201815/04/201919/06/2019FrenchPDF
Micro model31/12/201715/04/201805/07/2018FrenchPDF
Micro model31/12/201615/04/201728/08/2017FrenchPDF
Abridged model31/12/201515/04/201607/07/2016FrenchPDF
Abridged model31/12/201415/04/201529/06/2015FrenchPDF
Abridged model31/12/201315/04/201428/06/2014FrenchPDF
Abridged model31/12/201215/04/201305/07/2013FrenchPDF
Abridged model31/12/201115/04/201216/04/2012FrenchPDF
Abridged model31/12/201015/04/201117/04/2011FrenchPDF
Abridged model31/12/200915/04/201003/05/2010FrenchPDF
Abridged model31/12/200815/04/200927/04/2009FrenchPDF
Abridged model31/12/200715/04/200828/04/2008FrenchPDF
Abridged model31/12/200615/04/200729/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active · 2 ended

Active mandates

IMMO REMO

Director · 0424.251.670

Represented by Arthur Schurmans

Active

Ended mandates

Françoise Baltus

Managing director

Ended
Françoise Baltus

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/12/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office02/05/2024
    SIEGE SOCIAL
    PDF
  • Mandates16/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares16/04/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office14/10/2005
    SIEGE SOCIAL
    PDF
  • Other24/09/2002
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025-40,6 k €
  2. 2024
    Annual accounts 2024-41 k €
  3. 2023
    Annual accounts 2023-34,4 k €
  4. 2022
    Annual accounts 2022-33,5 k €
  5. 2021
    Annual accounts 2021-24,4 k €
  6. 2020
    Annual accounts 202018,7 k €
  7. 2019
    Annual accounts 201917,4 k €
  8. 2018
    Annual accounts 201816,7 k €
  9. 2017
    Annual accounts 201712,3 k €
  10. 2016
    Annual accounts 201615,2 k €
  11. 2015
    Annual accounts 201517,4 k €
  12. 2014
    Annual accounts 201414,9 k €
  13. 2013
    Annual accounts 201317,7 k €
  14. 2012
    Annual accounts 201213,9 k €
  15. 2011
    Annual accounts 201111,6 k €
  16. 2010
    Annual accounts 201010,4 k €
  17. 2009
    Annual accounts 20099,3 k €
  18. 2008
    Annual accounts 20087,8 k €
  19. 2007
    Annual accounts 20077,6 k €
  20. 17/09/2002
    IncorporationPrivate limited company