S&G

Active

Private limited companyfounded 20215 yrs activeTurnhoutsebaan 100, 2110 Wijnegem, BelgiumKBO/BCE: BE 0768.526.248

The computed 12-month bankruptcy probability of S&G is 4.4% (elevated). The 2024 annual accounts show equity of €13k and a net result of €7k. Equity is growing by ~60.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 18938 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

66 / 100

Healthy▲ +21 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+58

Solvency37▲+24

Growth63▲+16

Stability94

Bankruptcy probability, 12 months

4.4% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity short (current ratio 0.89 against 0.55 in 2023), and 74% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

26%

Return on assets

13.2%

Age of the figures

20 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

92 d late

2023

57 d late

2022

60 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€330k▲ 0.4%

2022 · €329k

2022: €329k

2022 → 2023

EBIT margin

0.8%▼ 0.5pp

2022 · 1.3%

2022: 1.3%

2022 → 2023

Net result

€7k▲ 478%

2023 · €1k

2022: €4k 2023: €1k

2022 → 2024

Working capital

€-4k▲ 68.6%

2023 · €-13k

2022: €-18k 2023: €-13k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Turnover€329k-€330k▲ 0.4%

Equity€5k-€6k▲ 21.6%€13k▲ 103%

Operating result€4k-€3k▼ 39.9%€7k▲ 166%

Net result€4k-€1k▼ 73.2%€7k▲ 478%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 166% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €49k

34.4%

65.6%

Fixed assets €17k▼ 12.9%

Current assets €32k▲ 101%

Equity and liabilities €49k

26.0%

74.0%

Equity €13k▲ 103%

Debt €36k▲ 24.8%

The debt ratio falls from 82.2% to 74.0%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€10k▲

2023 · €6k

Cash flow

€10k▲

2023 · €5k

Solvency

26.0%▲

2023 · 17.8%

Current ratio

0.89▲

2023 · 0.55

Quick ratio

0.87▲

2023 · 0.48

Debt / equity

2.84▼

2023 · 4.62

ROE

50.7%▲

2023 · 17.8%

ROA

13.2%▲

2023 · 3.2%

Interest coverage

41.03▲

2023 · 27.93

Debt

€36k▲

2023 · €29k

Debt ≤ 1 year

€36k▲

2023 · €29k

Staff costs

€69k▲

2023 · €61k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€36k€49k▲

Fixed assets21/28€19k€17k▼

Tangible fixed assets22/27€19k€17k▼

Plant, machinery and equipment23€17k€15k▼

Furniture and vehicles24€2k€2k▲

Current assets29/58€16k€32k▲

Stocks and contracts in progress3€2k€572▼

Stocks30/36€2k-

Contracts in progress37-€572

Amounts receivable within one year40/41€6k€5k▼

Other amounts receivable41€6k€5k▼

Cash at bank and in hand54/58€8k€25k▲

Deferred charges and accrued income490/1-€2k

Equity and liabilities

Total equity and liabilities10/49€36k€49k▲

Equity10/15€6k€13k▲

Contributions10/11€1k€1k=

Profit (loss) carried forward14€5k€12k▲

Amounts payable17/49€29k€36k▲

Amounts payable within one year42/48€29k€36k▲

Trade debts44€16k€22k▲

Suppliers440/4€16k€22k▲

Advances received on contracts in progress46-€922

Taxes, remuneration and social security45€2k€14k▲

Taxes450/3€1k€3k▲

Remuneration and social security454/9€762€11k▲

Other amounts payable47/48€11k-

Income statement Code20232024

Turnover70€330k-

Goods, raw materials, services and sundry goods60/61€262k-

Remuneration, social security and pensions62€61k€69k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€69k€83k▲

Operating profit (loss)9901€3k€7k▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€212€252▲

Recurring financial charges65€212€252▲

Profit (loss) for the period before taxes9903€2k€7k▲

Income taxes67/77€1k-

Profit (loss) for the period9904€1k€7k▲

Profit (loss) for the period to be appropriated9905€1k€7k▲

Appropriation of the result

Profit (loss) to be appropriated9906€5k€12k▲

Profit (loss) brought forward from the previous period14P€4k€5k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

31-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 92 days late

2024

31-12

Financial Highest result since 2022net €7k ▲478%

Operating result €7k, net result €7k, both a record.

26-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 57 days late

2023

31-12

Financial Weakest financial yearnet €1k ▼73.2%

Net result drops to €1k, the lowest in the series; recovery starts the following year.

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Wijnegem · 1 establishment unit since 2021

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.

Turnhoutsebaan 1002110 Wijnegem

Ground area

650 m²

Building footprint

320 m²

Volume, LiDAR

1,968 m³

Parcel 11050A0341/00E002, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

S&G

Ruggeveldstraat 2, 2110 WijnegemLimited-service restaurants, excluding mobile food services

since 20212.317.443.133

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11050A0341/00E002	Flanders	650 m²	1 · 320 m²	9.9 m · 3 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

Of 20,234 companies in sector 56111 we hold annual accounts for 11,308. 7,659 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-05-2021

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56102Limited-service restaurants

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.