ACTIVE

Sunrise

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Financial year 2025 · Closed on 31/12/2025

Net result-2,6 M €-59,3 %over 1 year

Gross margin3,1 M €+12,0 %over 1 year

Equity40,7 M €+117,7 %over 1 year

Workforce15,9 ETP+8,2 %over 1 year

Identity

Source · BCE/KBO

Sunrise is a Public limited company incorporated in 2015. Its main activity is: Manufacture of irradiation, electromedical and electrotherapeutic equipment. Its registered office is in Namur. It employs on average 15,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0632.607.373
Incorporation: 20/06/2015
Legal form: Public limited company
Registered office: Chaussée de Marche(EP) 598
5101 Namur · WallonieSee on map
Contributed capital: 48 948 890,48 €
Latest accounts: 31/12/2025
Average workforce: 15,9 ETP

Activities (NACE)

26600Manufacture of irradiation, electromedical and electrotherapeutic equipment· main 26600Manufacture of irradiation, electromedical and electrotherapeutic equipment 72109Research and experimental development on natural sciences and engineering 72190Other research and experimental development on natural sciences and engineering 46460Wholesale of pharmaceutical goods 46460Wholesale of pharmaceutical goods+6

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,1 M €	+12.0%	2,7 M €	+384%	566,7 k €	+304%	-278,3 k €	-161%	457,8 k €
EBITDA	-276,4 k €	-80.9%	-152,8 k €	+91.8%	-1,9 M €	-34.9%	-1,4 M €	-61.7%	-857,9 k €
Operating result	-2,2 M €	-21.4%	-1,8 M €	+39.7%	-3 M €	-36.9%	-2,2 M €	-76.7%	-1,2 M €
Net result	-2,6 M €	-59.3%	-1,7 M €	+44.5%	-3 M €	-38.2%	-2,2 M €	-75.2%	-1,2 M €
Balance sheet
Equity	40,7 M €	+118%	18,7 M €	+49.6%	12,5 M €	+607%	1,8 M €	-50.4%	3,6 M €
Total assets	43,9 M €	+91.0%	23 M €	+40.6%	16,4 M €	+300%	4,1 M €	-11.7%	4,6 M €
Cash	4,1 M €	-50.0%	8,1 M €	+8.5%	7,5 M €	+2396%	300,8 k €	-87.7%	2,4 M €
Debts	3,1 M €	-21.3%	3,9 M €	+2.9%	3,8 M €	+65.3%	2,3 M €	+118%	1,1 M €
Other
Workforce	15,9 ETP	+8.2%	14,7 ETP	+1.4%	14,5 ETP	+21.8%	11,9 ETP	+67.6%	7,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
KURMA PARTNERS0729.767.424Represented by Philippe PELTIER	Director26/11/2021 → 22/07/2031Managing director26/11/2021 → 2024 accountsended
Laurent MARTINOT	Managing director26/11/2021 → 22/07/2031Director07/03/2017 → 2020 accountsendedManager07/03/2017 → 2018 accountsended
Maxime HUERRE	Director22/07/2025 → 22/07/2031
Pierre MARTINOT	Managing director26/11/2021 → 22/07/2031Director18/06/2015 → 2020 accountsendedManager18/06/2015 → 2018 accountsended
VIVES PARTNERS1004.227.835Represented by Yannick VANCOPPENOLLE	Director30/01/2024 → 22/07/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SOPARTEC0402.978.679Represented by Yannick VANCOPPENOLLE	Director26/11/2021 → 2023 accounts
Laure VAN RIJCKEVORSEL	Director05/02/2020 → 2020 accounts

Other companies at this address

Chaussée de Marche(EP) 598 5101 Namur

Company	CBE no.
Association des Copropriétaires Résidence Pixel Park à Erpent, chaussée de Marche 598● Active	0738.716.465
PIXEL IMMO● Active	0764.366.631

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	20/07/2026	25/07/2025	24/06/2024	31/07/2023	08/07/2022	24/06/2021
General meeting	26/06/2026	10/07/2025	07/06/2024	21/07/2023	30/06/2022	04/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	20/07/2026	French	PDF
Abridged model	31/12/2024	10/07/2025	25/07/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	24/06/2024	French	PDF
Abridged model	31/12/2022	21/07/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	08/07/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	24/06/2021	French	PDF
Abridged model	31/12/2019	29/07/2020	11/08/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	26/08/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	12/07/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	18/08/2017	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
KURMA PARTNERS0729.767.424Represented by Philippe PELTIER	Director26/11/2021 → 22/07/2031Managing director26/11/2021 → 2024 accountsended
Laurent MARTINOT	Managing director26/11/2021 → 22/07/2031Director07/03/2017 → 2020 accountsendedManager07/03/2017 → 2018 accountsended
Maxime HUERRE	Director22/07/2025 → 22/07/2031
Pierre MARTINOT	Managing director26/11/2021 → 22/07/2031Director18/06/2015 → 2020 accountsendedManager18/06/2015 → 2018 accountsended
VIVES PARTNERS1004.227.835Represented by Yannick VANCOPPENOLLE	Director30/01/2024 → 22/07/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SOPARTEC0402.978.679Represented by Yannick VANCOPPENOLLE	Director26/11/2021 → 2023 accounts
Laure VAN RIJCKEVORSEL	Director05/02/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/09/2026
Démission et nomination administrateur
PDF
Capital / shares17/11/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates05/08/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares15/07/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates26/03/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares25/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Capital / shares08/08/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings10 filings

Mandates

KURMA PARTNERS

VIVES PARTNERS

Maxime HUERRE

Laurent MARTINOT

Pierre MARTINOT

SOPARTEC

Laure VAN RIJCKEVORSEL

20152016201720182019202020212022202320242025202620272028202920302031

Sunrise

Chaussée de Marche(EP) 598, 5101 Erpent

DirectorManaging director

Director

Managing directorDirectorManager

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Chaussée de Marche(EP) 598, 5101 ErpentCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00314680

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SunriseCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00314680

Events

2025
Annual accounts 2025-2,6 M €↓
2024
Annual accounts 2024-1,7 M €↑
2023
Annual accounts 2023-3 M €↓
2022
Annual accounts 2022-2,2 M €↓
2021
Annual accounts 2021-1,2 M €↓
2020
Annual accounts 2020-703,9 k €↓
2019
Annual accounts 2019452,4 k €↑
2018
Annual accounts 201861,5 k €↑
2017
Annual accounts 201746,6 k €↑
2016
Annual accounts 201610,2 k €
20/06/2015
IncorporationPublic limited company

Sunrise

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events