S B & V
Judicial reorganisationThe file of S B & V contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €148k and a net result of €-29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 11165 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency11▼-2
Growth32=
Stability60
Credit verdict
No credit on open account
Liquidity short (current ratio 0.01 against 0.02 in 2024), and 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€29k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
12 d late
2022
30 d late
2021
28 d late
2020
107 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k▼ 16.3%
2024 · €176k
2018: €265k
2019: €167k
2020: €113k
2021: €88k
2022: €150k
2023: €61k
2024: €176k
2018 → 2025
Total assets
€863k▼ 6.9%
2024 · €927k
2018: €1.29M
2019: €1.13M
2020: €1.01M
2021: €902k
2022: €855k
2023: €708k
2024: €927k
2018 → 2025
Net result
€-29k▲ 82.3%
2024 · €-163k
2018: €76k
2019: €-98k
2020: €-54k
2021: €-25k
2022: €62k
2023: €-89k
2024: €-163k
2018 → 2025
Working capital
€-434k▼ 2.9%
2024 · €-422k
2018: €-188k
2019: €-96k
2020: €-107k
2021: €-166k
2022: €-124k
2023: €-129k
2024: €-422k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€88k-€150k▲ 70.4%€61k▼ 59.5%€176k▲ 191%€148k▼ 16.3%
Operating result€697-€81k▲ 11,583%€-2k€-137k▼ 5,596%€-11k▲ 92.1%
Net result€-25k-€62k€-89k€-163k▼ 82.4%€-29k▲ 82.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €137k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €863k
Fixed assets
€859k▼ 6.5%
Current assets
€5k▼ 46.7%
Equity and liabilities €863k
Equity
€148k▼ 16.3%
Debt
€716k▼ 4.6%
The debt ratio rises from 81.0% to 82.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€48k▲
2024 · €-92k
Cash flow
€30k▲
2024 · €-117k
Solvency
17.1%▼
2024 · 19.0%
Current ratio
0.01▼
2024 · 0.02
Quick ratio
0.01▼
2024 · 0.02
Debt / equity
4.85▲
2024 · 4.26
ROE
-19.5%▲
2024 · -92.2%
ROA
-3.3%▲
2024 · -17.5%
Interest coverage
2.69▲
2024 · -3.57
Debt
€716k▼
2024 · €751k
Debt ≤ 1 year
€439k▲
2024 · €431k
Debt > 1 year
€277k▼
2024 · €320k
Income taxes
€0=
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€927k€863k▼
Fixed assets21/28€918k€859k▼
Tangible fixed assets22/27€918k€859k▼
Land and buildings22€916k€858k▼
Plant, machinery and equipment23€1k€686▼
Current assets29/58€9k€5k▼
Amounts receivable within one year40/41€5k€5k▼
Trade receivables40€5k€5k▼
Cash at bank and in hand54/58€4k€78▼
Equity and liabilities
Total equity and liabilities10/49€927k€863k▼
Equity10/15€176k€148k▼
Contributions10/11€19k€19k=
Revaluation surpluses12€278k€264k▼
Reserves13€247k€260k▲
Distributable reserves133€247k€260k▲
Profit (loss) carried forward14€-367k€-396k▼
Amounts payable17/49€751k€716k▼
Amounts payable after more than one year17€320k€277k▼
Financial debts170/4€320k€277k▼
Amounts payable within one year42/48€431k€439k▲
Current portion of amounts payable after more than one year42€64k€43k▼
Financial debts43€50k€50k▲
Credit institutions430/8€50k€50k▲
Trade debts44€6k€15k▲
Suppliers440/4€6k€15k▲
Taxes, remuneration and social security45€26k€7k▼
Taxes450/3€26k€7k▼
Other amounts payable47/48€285k€324k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€59k▲
Other operating charges640/8€10k€8k▼
Non-recurring operating charges66A€131k-
Gross operating margin9900€49k€57k▲
Operating profit (loss)9901€-137k€-11k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€26k€18k▼
Recurring financial charges65€26k€18k▼
Profit (loss) for the period before taxes9903€-163k€-29k▲
Income taxes67/77€0€0=
Profit (loss) for the period9904€-163k€-29k▲
Profit (loss) for the period to be appropriated9905€-163k€-29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-367k€-396k▼
Profit (loss) brought forward from the previous period14P€-205k€-367k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-163k
Net result drops to €-163k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €176k ▲191%
Equity rises from €61k to €176k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
05-07
Judicial reorganisation
Opening
Ondernemingsrechtbank Leuven · amiable · event 02-07-2024
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €62k
Net result €62k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €150k ▲70.4%
Equity rises from €88k to €150k.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 107 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
17-11-2023
BAENS, Stefan Joseph Clementine: Resigned as Director
17-11-2023
VANDERSPIKKEN, Rita Marguerite Joseph: Resigned as Director
Location & real-estate footprint
Registered office, Geetbets · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Galgestraat 623454 GeetbetsGround area
3,608 m²
Building footprint
165 m²
Volume, LiDAR
951 m³
Parcel 24095E0017/00L000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECOFERME
since 19942.068.660.503
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24095E0017/00L000 | Flanders | 3,608 m² | 1 · 165 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Meesters Bouwmaterialen
BE 0700.682.864
Kontich · Eq €147k
GREEN PRODUCT
BE 0779.335.018
Herstal · Eq €147k
BAGNO GROUP
BE 0768.453.893
Bornem · Eq €146k
Atlas Bouwmaterialen
BE 1000.349.815
Antwerpen · Eq €146k
HESBY MATERIAUX
BE 0744.830.138
Flémalle · Eq €146k
Of 1,794 companies in sector 46831 we hold annual accounts for 1,390. 877 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-1994
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.