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Complete company report
Generated 21-08-2026
Active BE 0778.304.838Private limited company

S&B BUSINESS

Rue de Namur 183 ·1400 Nivelles, Belgium· 4 yrs active
Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen (47110)
Conclusion Checked

The computed 12-month bankruptcy probability of S&B BUSINESS is 7.4% (elevated). The 2024 annual accounts show negative equity (€-19k) and a net result of €-24k. Equity is shrinking by ~161% per year across the filed fiscal years. Its solvency ranks better than 5% of 6722 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €-19k
Net result €-24k
Better than sector 5%
Active 4 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health17Profitability50Solvency33Growth55Stability94
50 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 17
Profitability 50
Solvency 33
Growth 55
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
7.4% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
17 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 15-12-2025 with the NBB · fiscal year 2024 · micro
€-50k€0€50k€100k€150kRevenue 2022: €3k€3kOperating result 2022: €-1k€-1kNet result 2022: €-1k€-1kRevenue 2023: €93k€93kOperating result 2023: €7k€7kNet result 2023: €7k€7kRevenue 2024: €134k€134kOperating result 2024: €4k€4kNet result 2024: €-24k€-24k202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~161%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-60k€-40k€-20k€02025: €-27k (€-29k - €-26k)2026: €-36k (€-38k - €-35k)2027: €-45k (€-47k - €-44k)2022: €-1k2023: €5k2024: €-19k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -629.6% 20.4%
better than 5% of 6722 sector peers
Net result €-24k €4k
better than 10% of 6703 sector peers
Equity €-19k €16k
better than 14% of 6737 sector peers
Gross operating margin €26k €24k
better than 51% of 6682 sector peers
Staff costs €21k €33k
higher than 38% of 3049 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€134k
+44.2% 22-24
Net profit
€-24k
- 22-24
Total assets
€3k
-81.8% 22-24
Equity
€-19k
- 22-24
Working capital
€-19k
- 22-24
Staff costs
€21k
-4.5% 22-24
Debt
€22k
+99.9% 22-24
Debt ≤ 1y
€22k
+99.9% 22-24
Show 7 other metrics
Current ratio
0.14
-90.9% 22-24
Quick ratio
0.14
-90.9% 22-24
Solvency
-629.6%
- 22-24
Debt / equity
-1.16
- 22-24
ROE
129.3%
+8.3% 22-24
ROA
-814.0%
- 22-24
Net margin
-17.9%
- 22-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue€134k
EBITDA-
Net profit€-24k
Cash flow-
Staff costs€21k
Income taxes-
Dividends-
Total assets€3k
Equity€-19k
Debt€22k
of which ≤ 1y€22k
of which > 1y-
Working capital€-19k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.14
Quick ratio0.14
Working capital ratio-629.6%
Solvency-629.6%
Debt / equity-1.16
Long-term debt ratio-
Interest coverage-
Gross margin19.1%
Net margin-17.9%
ROA-814.0%
ROE129.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding41d
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (17 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€3k
Current assets 29/58€3k
Cash & bank 54/58€756
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3k
Equity 10/15€-19k
Contributions / capital 10/11€1
Accumulated profits (losses) 14€-19k
Amounts payable 17/49€22k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€12k
Income statement
Turnover 70€134k
Gross operating margin 9900€26k
Operating result 9901€4k
Financial charges 65€28k
Result before taxes 9903€-24k
Net result for the period 9904€-24k
Result to be appropriated 9905€-24k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • SINGH LOVE PREET
    Director
    State Gazette act 23047307 (06-04-2023)
    Current
    06-04-2023 → present
    2 events
    • 06-04-2023 Appointed· Director
    • 31-03-2023 Resigned· Director
  • BHAWANIDIN Pooja Rani
    Director
    State Gazette act 23050804 (14-04-2023)
    Current
    01-04-2023 → present
Former directors (1)
  • SINGH DILBAG
    Director
    State Gazette act 23047307 (06-04-2023)
    Former
    - → 31-12-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form Private limited company(610)
Incorporation06-12-2021
StatusActive
Postal code1400
Establishment units 2 locations
S&B BUSINESS
Zuidlaan 122, 1000 BrusselNiet-gespecialiseerde kleinhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100m2)
since 20212.325.554.412
S&B BUSINESS
Rue de Namur 183, 1400 NivellesDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
since 20232.346.762.372
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25782C0122/00T000 Wallonia 137 m² 1 · 121 m² -
21809K0558/00M002 Brussels 131 m² 1 · 135 m² 18.9 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
15-12-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
19-11-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
15-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
14-04-2023
State Gazette act Capital & shares
06-04-2023
State Gazette act Capital & shares
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
Capital history · 2
14-04-2023
Capital change
06-04-2023
Capital change
All acts · 2 updated 3 years ago
2023
14-04-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "decision": {
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    "unanimous": true,
    "under_authorized_capital": false,
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  "bedrijfsrevisor": null,
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  "share_classes_after": []
}
06-04-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "notary": {
    "name": null,
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    "office_city": "Bruxelles",
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  },
  "act_meta": {
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameFR S&B BUSINESS
Registered office
Rue de Namur 183
1400 Nivelles, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative