SB Services BV
ActiveSummary
SB Services BV has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €432k and a net result of €197k. Equity is growing by ~61% per year across the filed fiscal years. Its solvency ranks better than 66% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency96▼-4
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.41 against 5.29 in 2024; short-term debt: 28.8% and cash: 12.5% of total assets), and 28.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
71.2%
Return on assets
32.4%
Age of the figures
9 mo
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 20-03-2026, 133 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
133 d early
2024
11 d late
2023
43 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€432k▲ 83.6%
2024 · €235k
2023: €145klowest in 3 years
2024: €235k▲ +62.6% vs 2023
2025: €432k▲ +83.6% vs 2024highest in 3 years
2023 → 2025
Total assets
€607k▲ 110%
2024 · €289k
2023: €186klowest in 3 years
2024: €289k▲ +55.1% vs 2023
2025: €607k▲ +110% vs 2024highest in 3 years
2023 → 2025
Net result
€197k▲ 117%
2024 · €91k
2023: €120k
2024: €91k▼ -24.3% vs 2023lowest in 3 years
2025: €197k▲ +117% vs 2024highest in 3 years
2023 → 2025
Working capital
€422k▲ 83.5%
2024 · €230k
2023: €143klowest in 3 years
2024: €230k▲ +61.0% vs 2023
2025: €422k▲ +83.5% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€145k-€235k▲ 62.6%€432k▲ 83.6%
2023: €145klowest in 3 years
2024: €235k▲ +62.6% vs 2023
2025: €432k▲ +83.6% vs 2024highest in 3 years
Operating result€154k-€116k▼ 24.2%€263k▲ 126%
2023: €154k
2024: €116k▼ -24.2% vs 2023lowest in 3 years
2025: €263k▲ +126% vs 2024highest in 3 years
Net result€120k-€91k▼ 24.3%€197k▲ 117%
2023: €120k
2024: €91k▼ -24.3% vs 2023lowest in 3 years
2025: €197k▲ +117% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 126% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €607k
Fixed assets
€10k ▲ 86.4%
Current assets
€596k ▲ 110%
Equity and liabilities €607k
Equity
€432k ▲ 83.6%
Debt
€175k ▲ 226%
Debt's share of the balance-sheet total rises from 18.5% to 28.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€265k▲
2024 · €117k
Cash flow
€199k▲
2024 · €92k
Current ratio
3.41▼
2024 · 5.29
Debt to equity
0.40▲
2024 · 0.23
ROE
45.5%▲
2024 · 38.5%
ROA
32.4%▲
2024 · 31.4%
Interest coverage
45.83▼
2024 · 135.09
Debt ≤ 1 year
€175k▲
2024 · €54k
Income taxes
€62k▲
2024 · €26k
Staff costs
€164k▲
2024 · €73k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€289k€607k▲
Fixed assets21/28€6k€10k▲
Intangible fixed assets21-€7k
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€800€800=
Current assets29/58€283k€596k▲
Amounts receivable within one year40/41€91k€218k▲
Trade receivables40€91k€218k▲
Other amounts receivable41€0-
Current investments50/53€160k€300k▲
Cash at bank and in hand54/58€30k€76k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€289k€607k▲
Equity10/15€235k€432k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€210k€407k▲
Amounts payable17/49€54k€175k▲
Amounts payable within one year42/48€54k€175k▲
Financial debts43€690€2k▲
Credit institutions430/8€690€2k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€50k€168k▲
Taxes450/3€37k€128k▲
Remuneration and social security454/9€13k€40k▲
Other amounts payable47/48€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€73k€164k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€877€2k▲
Other operating charges640/8€118€169▲
Gross operating margin9900€190k€430k▲
Operating profit (loss)9901€116k€263k▲
Financial income75/76B€728€2k▲
Recurring financial income75€728€2k▲
Financial charges65/66B€868€6k▲
Recurring financial charges65€868€6k▲
Profit (loss) for the period before taxes9903€116k€259k▲
Income taxes67/77€26k€62k▲
Profit (loss) for the period9904€91k€197k▲
Profit (loss) for the period to be appropriated9905€91k€197k▲
Appropriation of the result
Profit (loss) to be appropriated9906€210k€407k▲
Profit (loss) brought forward from the previous period14P€120k€210k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6k | €73k | €164k | ▲ 126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40 | €877 | €2k | ▲ 175% |
| Other operating charges640/8 | - | €118 | €169 | ▲ 42.9% |
| Gross operating margin9900 | €160k | €190k | €430k | ▲ 126% |
| Operating profit (loss)9901 | €154k | €116k | €263k | ▲ 126% |
| Financial income75/76B | - | €728 | €2k | ▲ 121% |
| Recurring financial income75 | - | €728 | €2k | ▲ 121% |
| Financial charges65/66B | - | €868 | €6k | ▲ 568% |
| Recurring financial charges65 | - | €868 | €6k | ▲ 568% |
| Profit (loss) for the period before taxes9903 | €154k | €116k | €259k | ▲ 123% |
| Income taxes67/77 | €34k | €26k | €62k | ▲ 143% |
| Profit (loss) for the period9904 | €120k | €91k | €197k | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | €120k | €91k | €197k | ▲ 117% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €186k | €289k | €607k | ▲ 110% |
| Fixed assets21/28 | €2k | €6k | €10k | ▲ 86.4% |
| Intangible fixed assets21 | - | - | €7k | - |
| Tangible fixed assets22/27 | €2k | €5k | €3k | ▼ 36.4% |
| Furniture and vehicles24 | €2k | €5k | €3k | ▼ 36.4% |
| Financial fixed assets28 | - | €800 | €800 | = |
| Current assets29/58 | €184k | €283k | €596k | ▲ 110% |
| Amounts receivable within one year40/41 | €122k | €91k | €218k | ▲ 140% |
| Trade receivables40 | €122k | €91k | €218k | ▲ 140% |
| Other amounts receivable41 | €177 | €0 | - | - |
| Current investments50/53 | - | €160k | €300k | ▲ 87.5% |
| Cash at bank and in hand54/58 | €61k | €30k | €76k | ▲ 153% |
| Deferred charges and accrued income490/1 | €1k | €3k | €3k | ▼ 4.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €186k | €289k | €607k | ▲ 110% |
| Equity10/15 | €145k | €235k | €432k | ▲ 83.6% |
| Contributions10/11 | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €120k | €210k | €407k | ▲ 93.5% |
| Amounts payable17/49 | €42k | €54k | €175k | ▲ 226% |
| Amounts payable within one year42/48 | €42k | €54k | €175k | ▲ 226% |
| Financial debts43 | €782 | €690 | €2k | ▲ 165% |
| Credit institutions430/8 | €782 | €690 | €2k | ▲ 165% |
| Trade debts44 | €2k | €1k | €3k | ▲ 165% |
| Suppliers440/4 | €2k | €1k | €3k | ▲ 165% |
| Taxes, remuneration and social security45 | €38k | €50k | €168k | ▲ 234% |
| Taxes450/3 | €34k | €37k | €128k | ▲ 247% |
| Remuneration and social security454/9 | €4k | €13k | €40k | ▲ 199% |
| Other amounts payable47/48 | €2k | €2k | €2k | ▲ 28.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €120k | €91k | €197k | ▲ 117% |
| + Depreciation and write-downs630 | €40 | €877 | €2k | ▲ 175% |
| Operating cash flow (approximation) | €120k | €92k | €199k | ▲ 118% |
| Investment in fixed assets (approximation) | - | €-4k | €-7k | ▼ 61.0% |
| Change in cash | - | €-31k | €46k | ▲ 248% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €197k ▲117%
Operating result €263k, net result €197k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Weakest financial yearnet €91k ▼24.3%
Net result drops to €91k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €235k ▲62.6%
2 profitable years in a row build equity to €235k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Antwerpen · 1 establishment unit since 2023
Ground area
570 m²
Building footprint
212 m²
Volume, LiDAR
2,764 m³
Parcel 11810K1624/00R002, Flanders · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Sourcebright BV
since 20232.340.926.041
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1624/00R002 | Flanders | 570 m² | 1 · 212 m² | 19.3 m · 6 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 9,425 EUR awarded · 9,425 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 9,000 EUR | 9,000 EUR |
| 2023 | 1 | 425 EUR | 425 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
64885KR0Y3S2M9Z46I49
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,800 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
Founded17-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.