About Summitco
Summitco is a private limited company (BV/SRL) based in Kluisbergen, founded in 2024. Its main activity is classified as "Activiteiten van holdings". For the 2025 financial year, Summitco reported a loss of €251,362. The loss is smaller than in 2024, when it was €272,975. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €15,718. Equity stands at €13.1 million, a solvency ratio of 79%. 2 annual accounts are available, covering 2024 to 2025.
- Sectors
- Holding companies
- Activities
- Signals
-
Reporting lossesReporting losses € -251K
The company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.36The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -251KOperating cash flow was negative in the latest financial year.
Strong equityStrong equity € 13.14MStrong equity provides a buffer against setbacks.
Low riskLow risk 78.8%Good solvency (> 30%) points to long-term financial stability.
Positive EBITDAPositive EBITDA € 15KPositive EBITDA: operating activities are profitable.
- Investments
- Cyclobility 100%
Financial ratios
|
|
2025
|
2024
|
|---|---|---|
|
€
16K
|
€
-111K
|
|
|
€
15K
|
€
-112K
|
|
|
€
-251K
|
€
-273K
|
|
|
€
13.14M
|
€
13.23M
|
|
|
78.75%
|
79.92%
|
|
|
€
3.55M
|
€
3.32M
|
|
|
€
88K
|
€
36K
|
Frequently asked questions
Answers to the most common questions about Summitco, based on official government data and the filed annual accounts.
What is the VAT number of Summitco?
The VAT number of Summitco is BE1008.905.116.
When was Summitco established?
Summitco was founded in 29-04-2024.
What is the official address of Summitco?
The official address of Summitco is Oudenaardebaan 2 Kluisbergen 9690.
What is the legal form of Summitco?
The juridical form of Summitco is Private limited company (BV/SRL).
What is the annual revenue of Summitco?
The 2025 accounts of Summitco do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Summitco a reliable company?
Summitco is a registered Rechtspersoon with company number 1008.905.116 and can be verified through the official CBE database.
What is the credit limit of Summitco?
The estimated credit limit of Summitco is €574,615.
Is Summitco still active?
Summitco currently has the status "Normal situation" and is active.