S.Bilt
ActiveSummary
S.Bilt has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.31M and a net result of €203k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 6.14 against 3.9 in 2024; short-term debt: 13.6% and cash: 14.4% of total assets), and 13.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.3%
Return on assets
13.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
30 d late
2022
3 d early
2021
19 d late
2020
on the day
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.31M▲ 6.2%
2024 · €1.23M
2018: €515klowest in 8 years
2019: €641k▲ +24.5% vs 2018
2020: €831k▲ +29.6% vs 2019
2021: €1.03M▲ +24.4% vs 2020
2022: €1.14M▲ +9.9% vs 2021
2023: €1.20M▲ +5.7% vs 2022
2024: €1.23M▲ +2.9% vs 2023
2025: €1.31M▲ +6.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.52M▼ 3.2%
2024 · €1.57M
2018: €608klowest in 8 years
2019: €721k▲ +18.7% vs 2018
2020: €911k▲ +26.2% vs 2019
2021: €1.11M▲ +22.1% vs 2020
2022: €1.30M▲ +16.5% vs 2021
2023: €1.40M▲ +7.8% vs 2022
2024: €1.57M▲ +12.3% vs 2023highest in 8 years
2025: €1.52M▼ -3.2% vs 2024
2018 → 2025
Net result
€203k▲ 7.3%
2024 · €189k
2018: €155k
2019: €126k▼ -18.8% vs 2018lowest in 8 years
2020: €190k▲ +50.2% vs 2019
2021: €286k▲ +51.1% vs 2020highest in 8 years
2022: €227k▼ -20.8% vs 2021
2023: €195k▼ -14.2% vs 2022
2024: €189k▼ -2.7% vs 2023
2025: €203k▲ +7.3% vs 2024
2018 → 2025
Working capital
€1.06M▲ 9.7%
2024 · €970k
2018: €511klowest in 8 years
2019: €632k▲ +23.6% vs 2018
2020: €820k▲ +29.9% vs 2019
2021: €1.02M▲ +23.9% vs 2020
2022: €1.13M▲ +10.9% vs 2021
2023: €1.19M▲ +5.3% vs 2022highest in 8 years
2024: €970k▼ -18.2% vs 2023
2025: €1.06M▲ +9.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.03M-€1.14M▲ 9.9%€1.20M▲ 5.7%€1.23M▲ 2.9%€1.31M▲ 6.2%
2021: €1.03Mlowest in 5 years
2022: €1.14M▲ +9.9% vs 2021
2023: €1.20M▲ +5.7% vs 2022
2024: €1.23M▲ +2.9% vs 2023
2025: €1.31M▲ +6.2% vs 2024highest in 5 years
Operating result€404k-€324k▼ 19.7%€273k▼ 15.9%€287k▲ 5.2%€342k▲ 19.2%
2021: €404khighest in 5 years
2022: €324k▼ -19.7% vs 2021
2023: €273k▼ -15.9% vs 2022lowest in 5 years
2024: €287k▲ +5.2% vs 2023
2025: €342k▲ +19.2% vs 2024
Net result€286k-€227k▼ 20.8%€195k▼ 14.2%€189k▼ 2.7%€203k▲ 7.3%
2021: €286khighest in 5 years
2022: €227k▼ -20.8% vs 2021
2023: €195k▼ -14.2% vs 2022
2024: €189k▼ -2.7% vs 2023lowest in 5 years
2025: €203k▲ +7.3% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 19% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.52M
Fixed assets
€246k ▼ 6.6%
Current assets
€1.27M ▼ 2.5%
Equity and liabilities €1.52M
Equity
€1.31M ▲ 6.2%
Debt
€207k ▼ 38.0%
Debt's share of the balance-sheet total falls from 21.3% to 13.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€398k▲
2024 · €307k
Cash flow
€259k▲
2024 · €210k
Current ratio
6.14▲
2024 · 3.90
Debt to equity
0.16▼
2024 · 0.27
ROE
15.5%▲
2024 · 15.3%
ROA
13.4%▲
2024 · 12.1%
Interest coverage
51.19▲
2024 · 39.47
Debt ≤ 1 year
€207k▼
2024 · €334k
Income taxes
€146k▲
2024 · €96k
Staff costs
€684k▼
2024 · €705k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.57M€1.52M▼
Fixed assets21/28€264k€246k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€256k€240k▼
Land and buildings22€114k€103k▼
Plant, machinery and equipment23€9k€9k▼
Furniture and vehicles24€133k€103k▼
Other tangible fixed assets26-€26k
Financial fixed assets28€4k€4k=
Current assets29/58€1.30M€1.27M▼
Amounts receivable within one year40/41€303k€402k▲
Trade receivables40€127k€331k▲
Other amounts receivable41€177k€71k▼
Current investments50/53€807k€614k▼
Cash at bank and in hand54/58€160k€219k▲
Deferred charges and accrued income490/1€34k€37k▲
Equity and liabilities
Total equity and liabilities10/49€1.57M€1.52M▼
Equity10/15€1.23M€1.31M▲
Contributions10/11€19k€19k=
Reserves13€1.22M€1.29M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€317k€260k▼
Distributable reserves133€896k€1.03M▲
Profit (loss) carried forward14€321€321=
Amounts payable17/49€334k€207k▼
Amounts payable within one year42/48€334k€207k▼
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€156k€41k▼
Suppliers440/4€156k€41k▼
Taxes, remuneration and social security45€176k€160k▼
Taxes450/3€58k€77k▲
Remuneration and social security454/9€117k€83k▼
Other amounts payable47/48€2k€5k▲
Accrued charges and deferred income492/3-€258
Income statement
Code20242025
Remuneration, social security and pensions62€705k€684k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€56k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€372
Gross operating margin9900€1.02M€1.09M▲
Operating profit (loss)9901€287k€342k▲
Financial income75/76B€6k€15k▲
Recurring financial income75€6k€15k▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€286k€349k▲
Income taxes67/77€96k€146k▲
Profit (loss) for the period9904€189k€203k▲
Transfer from tax-exempt reserves789€222k€57k▼
Transfer to tax-exempt reserves689€134k€0▼
Profit (loss) for the period to be appropriated9905€277k€260k▼
Appropriation of the result
Profit (loss) to be appropriated9906€278k€260k▼
Profit (loss) brought forward from the previous period14P€321€321=
Transfer from equity791/2€155k€127k▼
Transfer to equity691/2€277k€260k▼
To other reserves6921€277k€260k▼
Profit to be distributed694/7€155k€127k▼
Return on contributions (dividend)694€155k€127k▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2k | - | - | - |
| Remuneration, social security and pensions62 | €202k | €244k | €580k | €705k | €684k | ▼ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €10k | €22k | €20k | €56k | ▲ 178% |
| Other operating charges640/8 | €1k | €3k | €3k | €3k | €4k | ▲ 19.4% |
| Non-recurring operating charges66A | - | - | - | - | €372 | - |
| Gross operating margin9900 | €613k | €581k | €878k | €1.02M | €1.09M | ▲ 6.9% |
| Operating profit (loss)9901 | €404k | €324k | €273k | €287k | €342k | ▲ 19.2% |
| Financial income75/76B | €0 | €2k | €2k | €6k | €15k | ▲ 131% |
| Recurring financial income75 | €0 | €2k | €2k | €6k | €15k | ▲ 131% |
| Financial charges65/66B | €684 | €834 | €2k | €8k | €8k | ▼ 0.1% |
| Recurring financial charges65 | €684 | €834 | €2k | €8k | €8k | ▼ 0.1% |
| Profit (loss) for the period before taxes9903 | €403k | €325k | €273k | €286k | €349k | ▲ 22.2% |
| Income taxes67/77 | €116k | €99k | €79k | €96k | €146k | ▲ 51.5% |
| Profit (loss) for the period9904 | €286k | €227k | €195k | €189k | €203k | ▲ 7.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €222k | €57k | ▼ 74.4% |
| Transfer to tax-exempt reserves689 | €122k | €57k | €126k | €134k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €164k | €170k | €68k | €277k | €260k | ▼ 6.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.11M | €1.30M | €1.40M | €1.57M | €1.52M | ▼ 3.2% |
| Fixed assets21/28 | €16k | €8k | €13k | €264k | €246k | ▼ 6.6% |
| Intangible fixed assets21 | - | - | - | €4k | €3k | ▼ 22.2% |
| Tangible fixed assets22/27 | €13k | €4k | €9k | €256k | €240k | ▼ 6.5% |
| Land and buildings22 | - | - | - | €114k | €103k | ▼ 10.4% |
| Plant, machinery and equipment23 | €5k | €3k | €545 | €9k | €9k | ▼ 1.9% |
| Furniture and vehicles24 | €8k | €1k | €9k | €133k | €103k | ▼ 22.8% |
| Other tangible fixed assets26 | - | - | - | - | €26k | - |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €1.10M | €1.29M | €1.38M | €1.30M | €1.27M | ▼ 2.5% |
| Amounts receivable within one year40/41 | €143k | €310k | €396k | €303k | €402k | ▲ 32.4% |
| Trade receivables40 | €117k | €242k | €291k | €127k | €331k | ▲ 162% |
| Other amounts receivable41 | €26k | €68k | €105k | €177k | €71k | ▼ 60.1% |
| Current investments50/53 | - | - | - | €807k | €614k | ▼ 24.0% |
| Cash at bank and in hand54/58 | €939k | €959k | €963k | €160k | €219k | ▲ 36.8% |
| Deferred charges and accrued income490/1 | €14k | €19k | €25k | €34k | €37k | ▲ 10.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.11M | €1.30M | €1.40M | €1.57M | €1.52M | ▼ 3.2% |
| Equity10/15 | €1.03M | €1.14M | €1.20M | €1.23M | €1.31M | ▲ 6.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €1.01M | €1.12M | €1.18M | €1.22M | €1.29M | ▲ 6.3% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €222k | €279k | €405k | €317k | €260k | ▼ 17.9% |
| Distributable reserves133 | €791k | €836k | €774k | €896k | €1.03M | ▲ 14.9% |
| Profit (loss) carried forward14 | €321 | €321 | €321 | €321 | €321 | = |
| Amounts payable17/49 | €79k | €161k | €197k | €334k | €207k | ▼ 38.0% |
| Amounts payable within one year42/48 | €79k | €161k | €197k | €334k | €207k | ▼ 38.1% |
| Financial debts43 | €298 | - | €919 | €1k | €0 | ▼ 100% |
| Credit institutions430/8 | €298 | - | €919 | €1k | €0 | ▼ 100% |
| Trade debts44 | €42k | €39k | €76k | €156k | €41k | ▼ 73.4% |
| Suppliers440/4 | €42k | €39k | €76k | €156k | €41k | ▼ 73.4% |
| Taxes, remuneration and social security45 | €31k | €116k | €115k | €176k | €160k | ▼ 8.6% |
| Taxes450/3 | €7k | €89k | €62k | €58k | €77k | ▲ 32.7% |
| Remuneration and social security454/9 | €24k | €26k | €52k | €117k | €83k | ▼ 29.2% |
| Other amounts payable47/48 | €6k | €6k | €6k | €2k | €5k | ▲ 180% |
| Accrued charges and deferred income492/3 | - | - | - | - | €258 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €286k | €227k | €195k | €189k | €203k | ▲ 7.3% |
| + Depreciation and write-downs630 | €5k | €10k | €22k | €20k | €56k | ▲ 178% |
| Operating cash flow (approximation) | €292k | €237k | €217k | €210k | €259k | ▲ 23.7% |
| Investment in fixed assets (approximation) | - | €-1k | €-27k | €-271k | €-39k | ▲ 85.8% |
| Change in cash | - | €20k | €3k | €-803k | €59k | ▲ 107% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
30-09
Financial
Highest result since 2018net €286k ▲51.1%
Operating result €404k, net result €286k, both a record.
30-09
Financial
Equity above €1MEq €1.03M ▲24.4%
4 profitable years in a row build equity to €1.03M.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €126k ▼18.8%
Net result drops to €126k, the lowest in the series; recovery starts the following year.
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 2011
Ground area
1.1 ha
Parcel 12007C0442/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
S.BILT
since 20112.204.147.925
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0442/00L000 | Flanders | 1.1 ha | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,798 EUR awarded · 5,798 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,466 EUR | 2,466 EUR |
| 2024 | 1 | 1,605 EUR | 1,605 EUR |
| 2023 | 1 | 113 EUR | 563 EUR |
| 2022 | 1 | 1,614 EUR | 1,164 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 18,255 companies in sector 71111 we hold annual accounts for 6,323. 2,349 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
71112Activities of interior architects
Contact
E-mail
barbara.verhoeven@sbilt.be
Scores and ratios are computed by Checked and are not a credit decision.