SB HORECA
ActiveThe computed 12-month bankruptcy probability of SB HORECA is 2.2% (moderate). The 2025 annual accounts show equity of €43k and a net result of €-6k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 13159 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-54
Solvency100▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 1.25 in 2024; short-term debt: 19.7% and cash: 21.8% of total assets), and 21.2% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
78.8%
Return on assets
-11.8%
Age of the figures
12 mo
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
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 29-04-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
37 d late
2022
4 d late
2020
31 d early
2019
21 d early
2018
20 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
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€204k
EBIT margin
15.0%
Net result
€-6k
2024 · €13k
2018: €173
2019: €50
2020: €-542
2022: €-7k
2023: €22k
2024: €13k
2018 → 2025
Working capital
€8k▲ 75.2%
2024 · €5k
2018: €6k
2019: €6k
2020: €7k
2022: €-937
2023: €-8k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Turnover€204k
Equity€18k-€15k▼ 18.4%€37k▲ 145%€50k▲ 35.5%€43k▼ 13.1%
Operating result€-5k-€17k€31k▲ 82.1%€26k▼ 15.1%€-4k
Net result€-542-€-7k▼ 1,101%€22k€13k▼ 40.0%€-6k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €26k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€36k▼ 20.4%
Current assets
€19k▼ 18.1%
Equity and liabilities €55k
Equity
€43k▼ 13.1%
Debt
€12k▼ 37.3%
The debt ratio falls from 27.1% to 21.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €35k
Cash flow
€3k▼
2024 · €22k
Solvency
78.8%▲
2024 · 72.9%
Current ratio
1.76▲
2024 · 1.25
Quick ratio
1.69▲
2024 · 1.21
Debt / equity
0.27▼
2024 · 0.37
ROE
-15.0%▼
2024 · 26.2%
ROA
-11.8%▼
2024 · 19.1%
Interest coverage
4.27▼
2024 · 22.45
Debt
€12k▼
2024 · €18k
Debt ≤ 1 year
€11k▼
2024 · €18k
Income taxes
€1k▼
2024 · €11k
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€68k€55k▼
Fixed assets21/28€45k€36k▼
Tangible fixed assets22/27€45k€36k▼
Land and buildings22€34k€29k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€3k€927▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€23k€19k▼
Stocks and contracts in progress3€839€732▼
Stocks30/36€839€732▼
Amounts receivable within one year40/41€4k€4k▲
Trade receivables40€136-
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€16k€12k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€68k€55k▼
Equity10/15€50k€43k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€31k€24k▼
Amounts payable17/49€18k€12k▼
Amounts payable within one year42/48€18k€11k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€8k€3k▼
Other amounts payable47/48€6k€5k▼
Accrued charges and deferred income492/3-€800
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€8k€6k▼
Gross operating margin9900€43k€12k▼
Operating profit (loss)9901€26k€-4k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€24k€-5k▼
Income taxes67/77€11k€1k▼
Profit (loss) for the period9904€13k€-6k▼
Profit (loss) for the period to be appropriated9905€13k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€24k▼
Profit (loss) brought forward from the previous period14P€18k€31k▲
The notes to these accounts (4 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
30-09
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
30-09
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Liquidity triplescurrent ratio 9.03
Current ratio from 2.99 to 9.03; short-term debt falls from €3k to €877.
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Liquidity doublescurrent ratio 2.99
Current ratio from 1.35 to 2.99; short-term debt falls from €17k to €3k.
10-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Seraing · 1 establishment unit since 2018
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.
Rue de la Banque 44100 SeraingGround area
86 m²
Building footprint
53 m²
Volume, LiDAR
669 m³
Parcel 62096A0310/00H000, Wallonia · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LE PUB
since 20182.272.478.386
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62096A0310/00H000 | Wallonia | 86 m² | 1 · 52 m² | 13.9 m · 4 fl. |
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
Food safety, FASFC
1 siteSeraing2.272.478.386
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BRIPA
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DE SMIS
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Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 4,101 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-01-2018
Fiscal year end30-09
Activities, NACEBEL
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.