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S.G.

Active
Private limited companyfounded 2007active for 19 yearsRue Maubille 44, 1401 Nivelles, BelgiumKBO/BCE: BE 0887.443.201

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

S.G. has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€318,948) and a net result of -€617. Equity is shrinking by about 36% per year across the filed financial years. Its solvency ranks better than 7% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
S.G.ActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 22-02-2007 Normal situation
Legal form
Private limited company
Registered office
Rue Maubille 44, 1401 Nivelles
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.161.646.483 1401 Nivelles, since 23-04-2007
Financial year end
31 December
Peppol
Reachable since 23-12-2025
Company details

Who decides

Board
Holdings
Shares in 1 company WIDNELL EUROPE
Board & ownership

How it is doing

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€9,333
Turnover
≈ €38,000
estimated
Loss
€617
▼ 99.9%
Equity
-€318,948
▼ 0.2%
Total assets
€2.6m
▼ 0.7%
Net result +100%: other schema2025 accounts filed 24 days late
Filed on 24-08-2026at the National Bank
Financials
Why 53raises riskCapped at 59: negative equityNegative equity -€318,948lowers riskSize: total assets €2.6mFigures for financial year 2025 (filed 24-08-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (NACE 70, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 13=
equity -12.1% of total assets
Liquidity 6=
short-term debt 112.1% · cash 4.7%
Profitability 37+37
return on assets 0.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,518 companies, NACE 70, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.7 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.23, compared with 0.23 in 2024, below 1; short-term debt: 112.1% and cash: 4.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small): better than 2% on solvency, 3% on liquidity, 24% on profitability and 29% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €2.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€318,948
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 24-08-2026)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€318,948
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
24 days late
2024
27 days late
2023
28 days late
2022
24 days early
2021
29 days late
2020
31 days late
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€318,948 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€617 View
  • Positive: Result rose in 2025different schema filed ▲ 99.9% View
  • Caution: Among the weakest 5% on equitysector median €324,915 · 10,808 companies -€318,948 View

Documents

Annual accounts at the NBB

All 19 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about S.G.

What is the company number of S.G.?
0887.443.201. In Belgium the VAT number is the company number with BE in front: BE 0887.443.201.
Where is S.G. based?
The registered office is at Rue Maubille 44, 1401 Nivelles.Company details
What does S.G. do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of S.G.?
Private limited company (BV).
When was S.G. founded?
On 22-02-2007.
Is S.G. still active?
Yes, S.G. is an active enterprise in the KBO register.
What is the turnover of S.G.?
≈ €38,000 in financial year 2025. Estimated from the gross margin of €9,333: probably between €17,000 and €94,000, based on 136 comparable companies, NACE 70200. A rough estimate.Financials
Is S.G. profitable?
In financial year 2025, S.G. made a loss of €617.
Where can I find the annual accounts of S.G.?
S.G. filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of S.G. due?
By 31-07-2027, for financial year 2026.Timeline

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