S.G Pro Construct
ActiveSummary
The computed 12-month bankruptcy probability of S.G Pro Construct is 11.3% (high). For S.G Pro Construct, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €5,952 and a net result of -€259. Its solvency ranks better than 17% of 8997 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability68▼-14
Solvency33▼-21
Growth32
Track record86
Bankruptcy probability, 12 months
11.3%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk
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 · 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 2023Solvency, return and age of the figures
Solvency
8.2%
Return on assets
-0.4%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 18-11-2024, 110 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
110 d late
2022
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 66 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2023, micro schema
Equity
€5,952▼ 4.2%
2022 · €6,211
Total assets
€72,783▲ 243%
2022 · €21,223
Net result
-€259
2022 · €2,211
Working capital
€7,985
2022 · -€2,171
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Operating result€3,182-€3,138▼ 1.4%
Net result€2,211within the sector's middle half--€259within the sector's middle half
Equity€6,211below the sector's middle half-€5,952below the sector's middle half▼ 4.2%
Total assets€21,223below the sector's middle half-€72,783within the sector's middle half▲ 243%
Debt€15,012-€66,831▲ 345%
Working capital-€2,171below the sector's middle half-€7,985within the sector's middle half
Solvency29.3%within the sector's middle half-8.2%below the sector's middle half▼ 21.1pp
Current ratio0.86below the sector's middle half-1.23within the sector's middle half▲ 0.37
Return on assets (ROA)10.4%within the sector's middle half--0.4%below the sector's middle half▼ 10.8pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 1% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €72,783
Fixed assets
€29,572 ▲ 253%
Current assets
€43,211 ▲ 237%
Equity and liabilities €72,783
Equity
€5,952 ▼ 4.2%
Debt
€66,831 ▲ 345%
Debt's share of the balance-sheet total rises from 70.7% to 91.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7,257▲
2022 · €5,995
Cash flow
€3,860▼
2022 · €5,024
Quick ratio
1.04▲
2022 · 0.86
Debt to equity
11.23▲
2022 · 2.42
ROE
-4.4%▼
2022 · 35.6%
Interest coverage
5.97▼
2022 · 147.22
Debt ≤ 1 year
€35,226▲
2022 · €15,012
Debt > 1 year
€31,605
Income taxes
€584▼
2022 · €931
Staff costs
€24,574▼
2022 · €41,797
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €41,797 | €24,574 | ▼ 41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,813 | €4,119 | ▲ 46.5% |
| Other operating charges640/8 | €611 | €478 | ▼ 21.8% |
| Gross operating margin9900 | €48,402 | €32,309 | ▼ 33.2% |
| Operating profit (loss)9901 | €3,182 | €3,138 | ▼ 1.4% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €41 | €2,813 | ▲ 6,808% |
| Recurring financial charges65 | €41 | €1,217 | ▲ 2,888% |
| Non-recurring financial charges66B | - | €1,596 | - |
| Profit (loss) for the period before taxes9903 | €3,142 | €325 | ▼ 89.7% |
| Income taxes67/77 | €931 | €584 | ▼ 37.2% |
| Profit (loss) for the period9904 | €2,211 | -€259 | ▼ 112% |
| Profit (loss) for the period to be appropriated9905 | €2,211 | -€259 | ▼ 112% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €21,223 | €72,783 | ▲ 243% |
| Fixed assets21/28 | €8,382 | €29,572 | ▲ 253% |
| Tangible fixed assets22/27 | €8,382 | €29,572 | ▲ 253% |
| Furniture and vehicles24 | €8,382 | €2,769 | ▼ 67.0% |
| Leasing and similar rights25 | - | €26,803 | - |
| Current assets29/58 | €12,841 | €43,211 | ▲ 237% |
| Stocks and contracts in progress3 | - | €6,445 | - |
| Stocks30/36 | - | €6,445 | - |
| Amounts receivable within one year40/41 | €9,211 | €34,432 | ▲ 274% |
| Trade receivables40 | €4,792 | €29,796 | ▲ 522% |
| Other amounts receivable41 | €4,419 | €4,636 | ▲ 4.9% |
| Cash at bank and in hand54/58 | €3,630 | €1,726 | ▼ 52.4% |
| Deferred charges and accrued income490/1 | - | €608 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €21,223 | €72,783 | ▲ 243% |
| Equity10/15 | €6,211 | €5,952 | ▼ 4.2% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €2,211 | €1,952 | ▼ 11.7% |
| Amounts payable17/49 | €15,012 | €66,831 | ▲ 345% |
| Amounts payable after more than one year17 | - | €31,605 | - |
| Financial debts170/4 | - | €31,605 | - |
| Amounts payable within one year42/48 | €15,012 | €35,226 | ▲ 135% |
| Current portion of amounts payable after more than one year42 | - | €6,043 | - |
| Financial debts43 | - | €2,415 | - |
| Credit institutions430/8 | - | €2,415 | - |
| Trade debts44 | €14,082 | €21,585 | ▲ 53.3% |
| Suppliers440/4 | €14,082 | €21,585 | ▲ 53.3% |
| Advances received on contracts in progress46 | - | €1,034 | - |
| Taxes, remuneration and social security45 | €931 | €1,755 | ▲ 88.5% |
| Taxes450/3 | €931 | €1,755 | ▲ 88.5% |
| Other amounts payable47/48 | - | €2,395 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,211 | -€259 | ▼ 112% |
| + Depreciation and write-downs630 | €2,813 | €4,119 | ▲ 46.5% |
| Operating cash flow (approximation) | €5,024 | €3,860 | ▼ 23.2% |
| Investment in fixed assets (approximation) | - | -€25,309 | - |
| Change in cash | - | -€1,904 | - |
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
2026
09-03
KBO administration
Address struck
event 03-02-2026
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 110 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Kraainem · 1 establishment unit since 2021
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
1 establishment unit
S.G Pro Construct
since 20212.324.377.841
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
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.
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Of 29,766 companies in sector 41001 we hold annual accounts for 16,055. 7,156 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
Founded10-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.