SB Megasystems
ActiveSB Megasystems has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €351k and a net result of €69k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 75% of 16942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 5.2 against 23.09 in 2024; short-term debt: 19.2% and cash: 86.2% of total assets), and 19.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
80.6%
Return on assets
15.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
34 d early
2023
37 d early
2022
31 d early
2021
41 d early
2020
24 d late
2019
32 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€351k▼ 0.4%
2024 · €352k
2018: €339k
2019: €368k
2020: €366k
2021: €323k
2022: €320k
2023: €338k
2024: €352k
2018 → 2025
Total assets
€435k▲ 18.0%
2024 · €369k
2018: €395k
2019: €398k
2020: €420k
2021: €363k
2022: €370k
2023: €363k
2024: €369k
2018 → 2025
Net result
€69k▼ 3.4%
2024 · €71k
2018: €58k
2019: €29k
2020: €41k
2021: €65k
2022: €68k
2023: €63k
2024: €71k
2018 → 2025
Working capital
€351k▼ 0.1%
2024 · €352k
2018: €337k
2019: €368k
2020: €367k
2021: €324k
2022: €320k
2023: €339k
2024: €352k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€323k-€320k▼ 0.8%€338k▲ 5.7%€352k▲ 4.0%€351k▼ 0.4%
Operating result€95k-€101k▲ 5.4%€93k▼ 7.3%€105k▲ 12.7%€100k▼ 4.9%
Net result€65k-€68k▲ 5.7%€63k▼ 7.4%€71k▲ 12.8%€69k▼ 3.4%
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 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €435k
Fixed assets
€581▼ 55.0%
Current assets
€435k▲ 18.3%
Equity and liabilities €435k
Equity
€351k▼ 0.4%
Debt
€84k▲ 405%
The debt ratio rises from 4.5% to 19.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€101k▼
2024 · €106k
Cash flow
€70k▼
2024 · €72k
Solvency
80.6%▼
2024 · 95.5%
Current ratio
5.20▼
2024 · 23.09
Quick ratio
5.20▼
2024 · 23.09
Debt / equity
0.24▲
2024 · 0.05
ROE
19.7%▼
2024 · 20.3%
ROA
15.8%▼
2024 · 19.4%
Interest coverage
215.39▼
2024 · 299.22
Debt
€84k▲
2024 · €17k
Debt ≤ 1 year
€84k▲
2024 · €16k
Income taxes
€32k▼
2024 · €33k
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€369k€435k▲
Fixed assets21/28€1k€581▼
Tangible fixed assets22/27€1k€581▼
Furniture and vehicles24€1k€581▼
Current assets29/58€368k€435k▲
Amounts receivable within one year40/41€34k€59k▲
Trade receivables40€30k€11k▼
Other amounts receivable41€4k€49k▲
Cash at bank and in hand54/58€329k€375k▲
Deferred charges and accrued income490/1€5k€68▼
Equity and liabilities
Total equity and liabilities10/49€369k€435k▲
Equity10/15€352k€351k▼
Contributions10/11€12k€12k=
Reserves13€340k€338k▼
Distributable reserves133€340k€338k▼
Amounts payable17/49€17k€84k▲
Amounts payable within one year42/48€16k€84k▲
Trade debts44€975€537▼
Suppliers440/4€975€537▼
Taxes, remuneration and social security45€13k€13k▼
Taxes450/3€13k€13k▼
Other amounts payable47/48€2k€70k▲
Accrued charges and deferred income492/3€816€817▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€493€711▲
Other operating charges640/8€668€688▲
Gross operating margin9900€106k€101k▼
Operating profit (loss)9901€105k€100k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€353€467▲
Recurring financial charges65€353€467▲
Profit (loss) for the period before taxes9903€105k€101k▼
Income taxes67/77€33k€32k▼
Profit (loss) for the period9904€71k€69k▼
Profit (loss) for the period to be appropriated9905€71k€69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€69k▼
Transfer from equity791/2€58k€70k▲
Transfer to equity691/2€71k€69k▼
To other reserves6921€71k€69k▼
Profit to be distributed694/7€58k€70k▲
Return on contributions (dividend)694€58k€70k▲
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €71k ▲12.8%
Operating result €105k, net result €71k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 15.41
Current ratio from 7.54 to 15.41; short-term debt falls from €49k to €23k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €29k ▼49.3%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
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, Gent · 2 establishment units since 2010
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.
Sportstraat 3169000 GentGround area
358 m²
Building footprint
173 m²
Volume, LiDAR
2,151 m³
2 parcels, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
SB MEGASYSTEMS
since 20102.189.624.451
SB Megasystems
since 20162.251.368.911
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0799/00N002 | Flanders | 292 m² | 1 · 117 m² | 17.7 m · 5 fl. |
| 44809I0242/00C000 | Flanders | 66 m² | 1 · 55 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 13,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2010
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.