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BE 0722.583.286Private limited company (pre-2019)Open bankruptcy
S&G ELECTRO
Hellegatstraat 8 ·2590 Berlaar, Belgium· 7 yrs active
Sector: Specialised construction
(43211)
Conclusion
A bankruptcy procedure is open for S&G ELECTRO according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-96k) and a net result of €-116k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €-96k |
| Net result | €-116k |
| Better than sector | 5% |
| Active | 7 yrs |
Snowflake analysis
33
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
100
Solvency
33
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-09-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -113.6% | 38.7% | |
| Net result | €-116k | €12k | |
| Equity | €-96k | €30k | |
| Gross operating margin | €-103k | €33k | |
| Staff costs | €372 | €26k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-103k
-
far below sector median
€-116k
-
far below sector median
€-112k
-
far below sector median
€84k
-42.3%
-90% vs sector
€-96k
-
far below sector median
€-106k
-
far below sector median
0
-83.3%
-99% vs sector
€372
-33.0%
-100% vs sector
€6k
+1252.5%
-81% vs sector
€180k
+46.3%
-50% vs sector
€180k
+74.7%
-5% vs sector
€3k
-36.7%
-99% vs sector
0.41
-68.5%
-79% vs sector
0.40
-69.0%
-77% vs sector
-113.6%
-
far below sector median
-1.88
-
far below sector median
121.6%
+135.8%
far above sector median
-138.1%
-
far below sector median
-11.79
-
far below sector median
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-103k |
| Net profit | €-116k |
| Cash flow | €-112k |
| Staff costs | €372 |
| Income taxes | - |
| Dividends | - |
| Total assets | €84k |
| Equity | €-96k |
| Debt | €180k |
| of which ≤ 1y | €180k |
| of which > 1y | - |
| Working capital | €-106k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.41 |
| Quick ratio | 0.40 |
| Working capital ratio | -125.5% |
| Solvency | -113.6% |
| Debt / equity | -1.88 |
| Long-term debt ratio | - |
| Interest coverage | -11.79 |
| Gross margin | - |
| Net margin | - |
| ROA | -138.1% |
| ROE | 121.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €84k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €10k |
| Current assets | 29/58 | €74k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €70k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €84k |
| Equity | 10/15 | €-96k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €14k |
| Accumulated profits (losses) | 14 | €-116k |
| Amounts payable | 17/49 | €180k |
| Amounts payable within one year | 42/48 | €180k |
| Trade debts payable within one year | 44 | €180k |
| Income statement | ||
| Gross operating margin | 9900 | €-103k |
| Operating result | 9901 | €-108k |
| Financial income | 75 | €24 |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-116k |
| Net result for the period | 9904 | €-116k |
| Result to be appropriated | 9905 | €-116k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | TOON BRAWERS ZOMERSTRAAT 16, 2590 BERLAAR- |
03-03-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Specialised construction(43211) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 11-03-2019 |
| Status | Active |
| Postal code | 2590 |
| First BS signal | 10-03-2025 |
| Latest BS signal | 10-03-2025 |
Company structure, linked entities
Mandates
Establishment units
S&G ELECTRO
since 20192.286.580.901
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12002D0355/00E000 | Flanders | 6,755 m² | 1 · 2,741 m² | 8.8 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
10-03-2025
Bankruptcy
Opening
2024
30-09-2024
NBB filing
Annual accounts filed
17-01-2024
NBB filing
Annual accounts filed
2022
30-08-2022
NBB filing
Annual accounts filed
2021
29-07-2021
NBB filing
Annual accounts filed
2020
11-09-2020
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
10-03-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211
Primary activity highlighted.
Names & trade names
| Legal nameNL | S&G ELECTRO |
Registered office
Hellegatstraat 8
2590 Berlaar, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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