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SB MAINTENANCE

Active
Private limited companyfounded 20241 yr activeRue Emile Vandervelde 121, 4500 Huy, BelgiumKBO/BCE: BE 1015.735.597
Summary

SB MAINTENANCE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,876 and a net result of €26,576. Its solvency ranks better than 72% of 1327 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+66
Solvency91▲+52
Growth78
Track record82
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 1.16 in 2024; short-term debt: 34.4% and cash: 82.9% of total assets), and 34.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
65.6%
Return on assets
60.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
29 d late
2024
141 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 85 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SB MAINTENANCE was incorporated on 30 October 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€28,876▲ 1,155%
2024 · €2,300
Total assets
€44,011▲ 170%
2024 · €16,307
Net result
€26,576
2024 · -€200
Working capital
€21,341▲ 828%
2024 · €2,300
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€200-€34,311
Net result-€200below the sector's middle half-€26,576within the sector's middle half
Equity€2,300below the sector's middle half-€28,876within the sector's middle half▲ 1,155%
Total assets€16,307below the sector's middle half-€44,011below the sector's middle half▲ 170%
Debt€14,007-€15,135▲ 8.1%
Working capital€2,300within the sector's middle half-€21,341within the sector's middle half▲ 828%
Solvency14.1%below the sector's middle half-65.6%within the sector's middle half▲ 51.5pp
Current ratio1.16within the sector's middle half-2.41within the sector's middle half▲ 1.25
Return on assets (ROA)-1.2%below the sector's middle half-60.4%above the sector's middle half▲ 61.6pp
above within below the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, 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
-€10,000€0€10,000€20,000€30,000Operating result 2024: -€200-€200Net result 2024: -€200-€200Operating result 2025: €34,311€34,311Net result 2025: €26,576€26,57620242025-€10,000€0€10,000€20,000€30,000Operating result 2024: -€200-€200Net result 2024: -€200-€200Operating result 2025: €34,311€34,300Net result 2025: €26,576€26,60020242025
The operating result returns to profit in 2025: €34,311 after a loss of €200 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44,011
Fixed assets €7,535
Current assets €36,476
Equity and liabilities €44,011
Equity €28,876 ▲ 1,155%
Debt €15,135 ▲ 8.1%
Debt's share of the balance-sheet total falls from 85.9% to 34.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36,633
Cash flow
€28,898
Debt to equity
0.52▼
2024 · 6.09
ROE
92.0%▲
2024 · -8.7%
Interest coverage
39.91
Debt ≤ 1 year
€15,135▲
2024 · €14,007
Income taxes
€6,818
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€16,307€44,011▲
Fixed assets21/28-€7,535
Tangible fixed assets22/27-€7,535
Land and buildings22-€1,508
Furniture and vehicles24-€6,027
Current assets29/58€16,307€36,476▲
Amounts receivable within one year40/41€500-
Trade receivables40€500-
Cash at bank and in hand54/58€15,807€36,476▲
Equity and liabilities
Total equity and liabilities10/49€16,307€44,011▲
Equity10/15€2,300€28,876▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14-€200€26,376▲
Amounts payable17/49€14,007€15,135▲
Amounts payable within one year42/48€14,007€15,135▲
Trade debts44€255€5,023▲
Suppliers440/4€255€5,023▲
Advances received on contracts in progress46€12,240-
Taxes, remuneration and social security45-€10,068
Taxes450/3-€10,068
Other amounts payable47/48€1,512€45▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,322
Other operating charges640/8€50€50▲
Gross operating margin9900-€150€36,684▲
Operating profit (loss)9901-€200€34,311▲
Financial charges65/66B-€918
Recurring financial charges65-€918
Profit (loss) for the period before taxes9903-€200€33,393▲
Income taxes67/77-€6,818
Profit (loss) for the period9904-€200€26,576▲
Profit (loss) for the period to be appropriated9905-€200€26,576▲
Appropriation of the result
Profit (loss) to be appropriated9906-€200€26,376▲
Profit (loss) brought forward from the previous period14P--€200

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,322-
Other operating charges640/8€50€50▲ 0.2%
Gross operating margin9900-€150€36,684▲ 24,588%
Operating profit (loss)9901-€200€34,311▲ 17,273%
Financial charges65/66B-€918-
Recurring financial charges65-€918-
Profit (loss) for the period before taxes9903-€200€33,393▲ 16,813%
Income taxes67/77-€6,818-
Profit (loss) for the period9904-€200€26,576▲ 13,401%
Profit (loss) for the period to be appropriated9905-€200€26,576▲ 13,401%
Line20242025Change
Assets
Total assets20/58€16,307€44,011▲ 170%
Fixed assets21/28-€7,535-
Tangible fixed assets22/27-€7,535-
Land and buildings22-€1,508-
Furniture and vehicles24-€6,027-
Current assets29/58€16,307€36,476▲ 124%
Amounts receivable within one year40/41€500--
Trade receivables40€500--
Cash at bank and in hand54/58€15,807€36,476▲ 131%
Equity and liabilities
Total equity and liabilities10/49€16,307€44,011▲ 170%
Equity10/15€2,300€28,876▲ 1,155%
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14-€200€26,376▲ 13,301%
Amounts payable17/49€14,007€15,135▲ 8.1%
Amounts payable within one year42/48€14,007€15,135▲ 8.1%
Trade debts44€255€5,023▲ 1,869%
Suppliers440/4€255€5,023▲ 1,869%
Advances received on contracts in progress46€12,240--
Taxes, remuneration and social security45-€10,068-
Taxes450/3-€10,068-
Other amounts payable47/48€1,512€45▼ 97.0%
Line20242025Change
Profit (loss) for the period9904-€200€26,576▲ 13,401%
+ Depreciation and write-downs630-€2,322-
Operating cash flow (approximation)-€200€28,898▲ 14,563%
Change in cash-€20,669-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial Back to profitnet €26,576
Net result €26,576 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.41
Current ratio from 1.16 to 2.41.
19-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 141 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Huy · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,700 m²
Building footprint
148 m²
Volume, LiDAR
849 m³
2 parcels, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Emile Vandervelde 21, 4500 Huy
Installation of industrial machinery and equipment
since 20242.370.406.816
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61007C0723/00C000 Wallonia 2,912 m² 1 · 107 m² 9.2 m · 2 fl.
61007C0754/00H002 Wallonia 788 m² 1 · 41 m² 5.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,719 companies in sector 33120 we hold annual accounts for 1,345. 947 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
Founded30-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33140Repair and maintenance of electrical equipment
33200Installation of industrial machinery and equipment
68121Development of residential building projects
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015735597
Also 9925:BE1015735597

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.