Financials
- Fiscal year
- 2026
- Total assets
- €108,278
- Profit
- €24,913
- Solvency
- 45.6%
Total assets▲ 27.9%
Net result
20242026
SB BAU
ActiveSummary
SB BAU has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €49,352 and a net result of €24,913. Equity is growing by ~71.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€108,278total assets 2026
- Equity
- €49,352
- Profit
- €24,913
Structure
Accounts 125 d early0 of 4 deeds read
Why 69- Founded in 2023- Size: total assets €108,278- 1 of the last 3 late+ Liquidity: current ratio 1.87, cash €30,746Show the evidence
Checked score
Score 2026
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 72% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2025
Strong
Solvency
71+14
equity 45.6% of total assets
Liquidity
69+3
short-term debt 36.6% · cash 28.4%
Profitability
98+4
return on assets 23.0%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 1.9%
11-2025: 1.9%▲ +4.7% vs 10-2025highest value
12-2025: 1.9%● 0.0% vs 11-2025highest value
01-2026: 1.9%● 0.0% vs 12-2025highest value
02-2026: 1.9%● 0.0% vs 01-2026highest value
03-2026: 1.9%▼ -1.2% vs 02-2026
04-2026: 1.9%● 0.0% vs 03-2026
05-2026: 1.9%▼ -0.6% vs 04-2026
06-2026: 1.4%▼ -27.6% vs 05-2026
07-2026: 1.4%● 0.0% vs 06-2026
08-2026: 1.4%● 0.0% vs 07-2026
09-2026: 0.9%▼ -32.6% vs 08-2026lowest value
10-2026: 0.9%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 1.87, cash €30,746 lowers the probability
- Founded in 2023 raises the probability for this profile
- Size: total assets €108,278 raises the probability for this profile
- 1 of the last 3 late raises the probability
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.46 in 2025; short-term debt: 36.6% and cash: 28.4% of total assets), but 54.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 49%, liquidity 67%, profitability 84%, growth against the median 89%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 28-05-2026, 125 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2026
125 d early
2025
on the day
2024
48 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 58 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. Usually files around 13 August (3 of the last 3 filed years within 77 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today28-02-2027 close30-09-2027 deadline
- Annual accounts filedfiscal year 2026 · unclassified…
- Highest result since 2024net €24,913 ▲43.9%
- Annual accounts filedfiscal year 2025 · unclassified…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 30-09-2027
- 28-05-2026Annual accounts filed
- 28-02-2026Highest result since 2024
- 30-09-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 02-03-2023
- Year ends
- 28-02
- Peppol
- Reachable for e-invoices
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