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SB PROPERTIES

Open bankruptcy
Private limited companyfounded 2021Frankrijklei 5, 2000 Antwerpen, BelgiumKBO/BCE: BE 0763.685.651

A bankruptcy procedure is open for SB PROPERTIES according to publications in the Belgian State Gazette; curator: HANS UBBEN.

Summary

The 2022 annual accounts show negative equity (-€14,598) and a net result of -€15,598.

SB PROPERTIESOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
20 November 2025
Supervising judge
Patrick Theuninck
Official Gazette
26-11-2025 (pdf) ↗search the document for 2025/148851

Deadlines

Provisional date payments stopped
20 November 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 11 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 20 December 2025art. XX.104 and XX.155 CEL
First verification report
passed on 16 January 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
20 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Hans UbbenLouizastraat 39, 2000 Antwerpen 1hu@confidenz.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 04-08-2023, 4 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 · 1 filing
Deviation from the deadline
2022
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 4 days after the deadline; the sector median for financial year 2022 is 4 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
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 PROPERTIES was incorporated on 16 February 2021 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2022.2 On 20 November 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 26-11-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, abbreviated schema

Equity
-€14,598
Total assets
€27.4m
Net result
-€15,598
Working capital
€25.9m

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Key figures and ratios
2022 value
EBITDA
-€13,950
Cash flow
-€15,130
Solvency
-0.1%
Current ratio
17.81
Quick ratio
0.71
ROA
-0.1%
Interest coverage
-11.83
Debt
€27.5m
Debt ≤ 1 year
€1.5m
Debt > 1 year
€25.9m
A ratio outside any meaningful range has been withheld (balance sheet total €27.4m, equity -€14,598).
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 34 lines
Balance sheet Code2022
Assets
Total assets20/58€27.4m
Formation expenses20€780
Current assets29/58€27.4m
Stocks and contracts in progress3€26.3m
Stocks30/36€26.3m
Amounts receivable within one year40/41€837,319
Trade receivables40€712,801
Other amounts receivable41€124,518
Cash at bank and in hand54/58€252,837
Equity and liabilities
Total equity and liabilities10/49€27.4m
Equity10/15-€14,598
Contributions10/11€1,000
Profit (loss) carried forward14-€15,598
Amounts payable17/49€27.5m
Amounts payable after more than one year17€25.9m
Financial debts170/4€15.7m
Other amounts payable178/9€10.2m
Amounts payable within one year42/48€1.5m
Trade debts44€1.5m
Suppliers440/4€1.5m
Taxes, remuneration and social security45€75,883
Taxes450/3€75,883
Other amounts payable47/48€1,500
Accrued charges and deferred income492/3€9,888
Income statement Code2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€468
Other operating charges640/8€848
Gross operating margin9900-€13,103
Operating profit (loss)9901-€14,418
Financial charges65/66B€1,180
Recurring financial charges65€1,180
Profit (loss) for the period before taxes9903-€15,598
Profit (loss) for the period9904-€15,598
Profit (loss) for the period to be appropriated9905-€15,598
Appropriation of the result
Profit (loss) to be appropriated9906-€15,598

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€468
Other operating charges640/8€848
Gross operating margin9900-€13,103
Operating profit (loss)9901-€14,418
Financial charges65/66B€1,180
Recurring financial charges65€1,180
Profit (loss) for the period before taxes9903-€15,598
Profit (loss) for the period9904-€15,598
Profit (loss) for the period to be appropriated9905-€15,598
Line2022
Assets
Total assets20/58€27.4m
Formation expenses20€780
Current assets29/58€27.4m
Stocks and contracts in progress3€26.3m
Stocks30/36€26.3m
Amounts receivable within one year40/41€837,319
Trade receivables40€712,801
Other amounts receivable41€124,518
Cash at bank and in hand54/58€252,837
Equity and liabilities
Total equity and liabilities10/49€27.4m
Equity10/15-€14,598
Contributions10/11€1,000
Profit (loss) carried forward14-€15,598
Amounts payable17/49€27.5m
Amounts payable after more than one year17€25.9m
Financial debts170/4€15.7m
Other amounts payable178/9€10.2m
Amounts payable within one year42/48€1.5m
Trade debts44€1.5m
Suppliers440/4€1.5m
Taxes, remuneration and social security45€75,883
Taxes450/3€75,883
Other amounts payable47/48€1,500
Accrued charges and deferred income492/3€9,888
Line2022
Profit (loss) for the period9904-€15,598
+ Depreciation and write-downs630€468
Operating cash flow (approximation)-€15,130

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

2025
26-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 20-11-2025
2023
04-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Antwerpen · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
2,975 m²
Building footprint
2,664 m²
Volume, LiDAR
106,871 m³
Parcel 11808H1294/00A000, Flanders · tallest building 93.2 m, ±7 floors. Linked by address, not a title deed.
225 companies at this address See who is registered here
1 establishment unit
SB PROPERTIES
Frankrijklei 5, 2000 AntwerpenReal estate development
since 20212.314.282.319
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H1294/00A000
ProtectedMonument · Townscape or village viewSite Vlaamse Opera, schermenmagazijn en hotel WagnerSource ↗
Flanders 2,975 m² 1 · 2,664 m² 93.2 m · 7 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

1 mandate
Role Name Tenure
Curator HANS UBBEN
LOUIZASTRAAT 39, 2000 ANTWERPEN 1-
20-11-2025 → present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
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.

Register as of 29 September 2026 · Peppol Directory

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