S&G INFRA
ActiveThe computed 12-month bankruptcy probability of S&G INFRA is 2.0% (moderate). The 2025 annual accounts show equity of €88k and a net result of €33k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 24% of 27450 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-21
Solvency48▼-46
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 3.68 in 2024; short-term debt: 11.6% and cash: 3.1% of total assets), but 77.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
22.8%
Return on assets
8.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
5 d early
2024
9 d early
2023
124 d early
2022
16 d early
2021
72 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▼ 2.7%
2024 · €91k
2021: €63k
2022: €76k
2023: €88k
2024: €91k
2021 → 2025
Total assets
€387k▲ 196%
2024 · €131k
2021: €121k
2022: €116k
2023: €109k
2024: €131k
2021 → 2025
Net result
€33k▼ 1.6%
2024 · €33k
2021: €61k
2022: €13k
2023: €12k
2024: €33k
2021 → 2025
Working capital
€38k▼ 54.8%
2024 · €85k
2021: €40k
2022: €58k
2023: €81k
2024: €85k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€76k▲ 21.1%€88k▲ 15.2%€91k▲ 3.1%€88k▼ 2.7%
Operating result€77k-€20k▼ 73.9%€19k▼ 5.7%€46k▲ 139%€59k▲ 30.3%
Net result€61k-€13k▼ 78.2%€12k▼ 12.9%€33k▲ 187%€33k▼ 1.6%
Turnover and EBIT margin not published: the 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 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €387k
Fixed assets
€304k▲ 2,024%
Current assets
€83k▼ 28.6%
Equity and liabilities €387k
Equity
€88k▼ 2.7%
Debt
€299k▲ 647%
The debt ratio rises from 30.6% to 77.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€72k▲
2024 · €51k
Cash flow
€45k▲
2024 · €39k
Solvency
22.8%▼
2024 · 69.4%
Current ratio
1.86▼
2024 · 3.68
Quick ratio
1.86▼
2024 · 3.68
Debt / equity
3.39▲
2024 · 0.44
ROE
37.1%▲
2024 · 36.7%
ROA
8.5%▼
2024 · 25.5%
Interest coverage
11.52▼
2024 · 20.99
Debt
€299k▲
2024 · €40k
Debt ≤ 1 year
€45k▲
2024 · €32k
Debt > 1 year
€254k▲
2024 · €8k
Income taxes
€20k▲
2024 · €10k
Staff costs
€27k▲
2024 · €3k
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€131k€387k▲
Fixed assets21/28€14k€304k▲
Tangible fixed assets22/27€14k€304k▲
Land and buildings22-€286k
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€12k€14k▲
Current assets29/58€117k€83k▼
Amounts receivable within one year40/41€35k€67k▲
Trade receivables40€27k€57k▲
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€81k€12k▼
Deferred charges and accrued income490/1€644€4k▲
Equity and liabilities
Total equity and liabilities10/49€131k€387k▲
Equity10/15€91k€88k▼
Contributions10/11€2k€2k=
Reserves13€89k€86k▼
Distributable reserves133€89k€86k▼
Amounts payable17/49€40k€299k▲
Amounts payable after more than one year17€8k€254k▲
Financial debts170/4€8k€254k▲
Amounts payable within one year42/48€32k€45k▲
Current portion of amounts payable after more than one year42€3k€16k▲
Trade debts44€18k€5k▼
Suppliers440/4€18k€5k▼
Taxes, remuneration and social security45€10k€23k▲
Taxes450/3€10k€21k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€665€227▼
Income statement
Code20242025
Non-recurring operating income76A€4k€37k▲
Remuneration, social security and pensions62€3k€27k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€13k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€58k€101k▲
Operating profit (loss)9901€46k€59k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€43k€53k▲
Income taxes67/77€10k€20k▲
Profit (loss) for the period9904€33k€33k▼
Profit (loss) for the period to be appropriated9905€33k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€119k€33k▼
Profit (loss) brought forward from the previous period14P€86k-
Transfer from equity791/2-€35k
Transfer to equity691/2€89k€33k▼
To other reserves6921€89k€33k▼
Profit to be distributed694/7€31k€35k▲
Return on contributions (dividend)694€31k€35k▲
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
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-09
Financial
Weakest financial yearnet €12k ▼12.9%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Beringen · 1 establishment unit since 2020
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.
Geiteling 833580 BeringenGround area
266 m²
Building footprint
94 m²
Volume, LiDAR
81 m³
Parcel 71004A0113/00H002, Flanders · tallest building 2.6 m. Linked by address, not a title deed.
1 establishment unit
S&G INFRA
since 20202.307.143.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0113/00H002 | Flanders | 266 m² | 1 · 94 m² | 2.6 m |
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.
Recognitions · licences · registrations
Recognised contractor
5 categoriesS&G INFRA BV46407
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JETECH
BE 0838.602.810
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JOB 7
BE 0895.243.088
Nazareth-De Pinte · Eq €88k
FDG-Construct
BE 0477.442.215
Brugge · Eq €88k
DSWM
BE 0458.263.236
Retie · Eq €88k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,810 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2020
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.