SB Services Plus
ActiveSummary
The computed 12-month bankruptcy probability of SB Services Plus is 2.2% (moderate). The 2025 annual accounts show equity of €23,306 and a net result of €21,232. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 28184 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+87
Solvency69▲+36
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.06 in 2024; short-term debt: 56% and cash: 31.3% of total assets), and 56% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
44%
Return on assets
40.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €23,306
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
49 d early
2023
42 d early
2022
52 d early
2021
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€23,306▲ 1,023%
2024 · €2,075
Total assets
€52,966▲ 113%
2024 · €24,848
Net result
€21,232
2024 · -€1,210
Working capital
€13,331▲ 864%
2024 · €1,383
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20212022202320242025
Operating result€21,119--€7,145€2,443-€925€21,352
Net result€17,791within the sector's middle half--€26,841below the sector's middle half€2,335within the sector's middle half-€1,210below the sector's middle half€21,232within the sector's middle half
Equity€27,791within the sector's middle half-€950below the sector's middle half▼ 96.6%€3,285below the sector's middle half▲ 246%€2,075below the sector's middle half▼ 36.8%€23,306within the sector's middle half▲ 1,023%
Total assets€34,384below the sector's middle half-€5,104below the sector's middle half▼ 85.2%€3,436below the sector's middle half▼ 32.7%€24,848below the sector's middle half▲ 623%€52,966below the sector's middle half▲ 113%
Debt€6,593-€4,154▼ 37.0%€151▼ 96.4%€22,773▲ 14,964%€29,659▲ 30.2%
Working capital€6,057--€1,219€1,949€1,383▼ 29.0%€13,331▲ 864%
Solvency80.8%above the sector's middle half-18.6%below the sector's middle half▼ 62.2pp8.4%below the sector's middle half44.0%within the sector's middle half▲ 35.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
The operating result returns to profit in 2025: €21,352 after a loss of €925 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,966
Fixed assets
€9,975 ▲ 2,320%
Current assets
€42,990 ▲ 78.0%
Equity and liabilities €52,966
Equity
€23,306 ▲ 1,023%
Debt
€29,659 ▲ 30.2%
Debt's share of the balance-sheet total falls from 91.6% to 56.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,393▲
2024 · -€281
Cash flow
€23,273▲
2024 · -€566
Current ratio
1.45▲
2024 · 1.06
Quick ratio
1.18▲
2024 · 1.03
Debt to equity
1.27▼
2024 · 10.98
ROE
91.1%▲
2024 · -58.3%
ROA
40.1%▲
2024 · -4.9%
Interest coverage
163.78▲
2024 · -0.98
Debt ≤ 1 year
€29,659▲
2024 · €22,773
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,785 | €841 | €833 | €644 | €2,041 | ▲ 217% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €38,000 | - |
| Other operating charges640/8 | €328 | €272 | €0 | €384 | €1,101 | ▲ 186% |
| Gross operating margin9900 | €28,232 | -€6,032 | €3,276 | €104 | €62,494 | ▲ 60,106% |
| Operating profit (loss)9901 | €21,119 | -€7,145 | €2,443 | -€925 | €21,352 | ▲ 2,408% |
| Financial income75/76B | €1 | - | - | - | €23 | - |
| Recurring financial income75 | €1 | - | - | - | €23 | - |
| Financial charges65/66B | €588 | €19,696 | €108 | €285 | €143 | ▼ 49.9% |
| Recurring financial charges65 | €588 | €19,696 | €108 | €285 | €143 | ▼ 49.9% |
| Profit (loss) for the period before taxes9903 | €20,532 | -€26,841 | €2,335 | -€1,210 | €21,232 | ▲ 1,855% |
| Income taxes67/77 | €2,742 | - | - | - | - | - |
| Profit (loss) for the period9904 | €17,791 | -€26,841 | €2,335 | -€1,210 | €21,232 | ▲ 1,855% |
| Profit (loss) for the period to be appropriated9905 | €17,791 | -€26,841 | €2,335 | -€1,210 | €21,232 | ▲ 1,855% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34,384 | €5,104 | €3,436 | €24,848 | €52,966 | ▲ 113% |
| Formation expenses20 | - | €839 | €559 | €279 | - | - |
| Fixed assets21/28 | €22,583 | €1,330 | €777 | €412 | €9,975 | ▲ 2,320% |
| Intangible fixed assets21 | €1,119 | - | - | - | - | - |
| Tangible fixed assets22/27 | €21,464 | €1,330 | €777 | €412 | €9,975 | ▲ 2,320% |
| Plant, machinery and equipment23 | €1,179 | €907 | €634 | €361 | €2,325 | ▲ 543% |
| Furniture and vehicles24 | €20,081 | €270 | €41 | €0 | €7,651 | - |
| Other tangible fixed assets26 | €204 | €153 | €102 | €51 | €0 | ▼ 100% |
| Current assets29/58 | €11,801 | €2,935 | €2,100 | €24,156 | €42,990 | ▲ 78.0% |
| Stocks and contracts in progress3 | - | - | - | €710 | €7,883 | ▲ 1,010% |
| Stocks30/36 | - | - | - | €710 | €7,883 | ▲ 1,010% |
| Amounts receivable within one year40/41 | €6,364 | €653 | €67 | €3,629 | €18,535 | ▲ 411% |
| Trade receivables40 | €5,877 | - | - | €2,129 | €18,535 | ▲ 770% |
| Other amounts receivable41 | €488 | €653 | €67 | €1,500 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €5,436 | €2,282 | €2,033 | €19,817 | €16,572 | ▼ 16.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34,384 | €5,104 | €3,436 | €24,848 | €52,966 | ▲ 113% |
| Equity10/15 | €27,791 | €950 | €3,285 | €2,075 | €23,306 | ▲ 1,023% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €17,791 | -€9,050 | -€6,715 | -€7,925 | €13,306 | ▲ 268% |
| Amounts payable17/49 | €6,593 | €4,154 | €151 | €22,773 | €29,659 | ▲ 30.2% |
| Amounts payable within one year42/48 | €5,743 | €4,154 | €151 | €22,773 | €29,659 | ▲ 30.2% |
| Trade debts44 | €1,713 | €65 | €0 | €449 | €2,608 | ▲ 481% |
| Suppliers440/4 | €1,713 | €65 | €0 | €449 | €2,608 | ▲ 481% |
| Taxes, remuneration and social security45 | €4,030 | €3,184 | - | €326 | €8,679 | ▲ 2,559% |
| Taxes450/3 | €4,030 | €3,184 | - | €326 | €8,679 | ▲ 2,559% |
| Other amounts payable47/48 | - | €906 | €151 | €21,998 | €18,372 | ▼ 16.5% |
| Accrued charges and deferred income492/3 | €850 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,791 | -€26,841 | €2,335 | -€1,210 | €21,232 | ▲ 1,855% |
| + Depreciation and write-downs630 | €6,785 | €841 | €833 | €644 | €2,041 | ▲ 217% |
| Operating cash flow (approximation) | €24,575 | -€26,000 | €3,168 | -€566 | €23,273 | ▲ 4,214% |
| Investment in fixed assets (approximation) | - | €20,412 | -€280 | -€280 | -€11,604 | ▼ 4,044% |
| Change in cash | - | -€3,154 | -€249 | €17,784 | -€3,244 | ▼ 118% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €21,232
Net result €21,232 after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2,335
Net result €2,335 after one loss-making year.
31-12
Financial
Liquidity times 20current ratio 13.89
Current ratio from 0.71 to 13.89; short-term debt falls from €4,154 to €151.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€26,841
Net result drops to -€26,841, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 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, Ciney · 1 establishment unit since 2020
Ground area
2.0 ha
Building footprint
4,724 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
SB Services Plus
since 20202.311.344.209
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91114D0002/00W004 | Wallonia | 1.9 ha | 1 · 4,604 m² | - |
| 91106B0304/00L000 | Wallonia | 1,183 m² | 1 · 119 m² | - |
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.
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 7,528 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
Founded18-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33120Repair and maintenance of machinery
46649Wholesale of other machinery and equipment
Contact
E-mail
services.sb@hotmail.com
Phone
+32468097336Rochefort
E-invoicing
Reachable via Peppol
Peppol ID
0208:0760302232
Registered
23-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.