Equity
€275,116 ▲ 19.3%
SB tec has made a profit in every financial year since 2021.
SB tec
Lifetime
4 annual accounts with figures on one time axispeak €160,162 (2023)
€77,533▼ 51.6%
peak €103,973 (2023)
€44,599▼ 57.1%
peak €275,116 (2024)
€275,116▲ 19.3%
€112,796▼ 3.0%
Documentsfilings and deeds
31-08-202531 days late
2024micro format
Gross margin from €160,162 to €77,533Result from €103,973 to €44,599Equity from €230,517 to €275,116Investments €57,494
Key points
from the 2024 annual accountsResult
€44,599 ▼ 57.1%
The result fell in 2024 from €103,973 to €44,599.
Turnover
≈ €310,000 estimated
The micro format states no turnover.
Investments
€57,494 3.5 × depreciation
Green is investment, beige is depreciation.
Filings
4 annual accounts 106 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€275,116
More equity than 90% of companies in specialised construction. Sector median €58,160 · 36,069 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as SB tec has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for SB tec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0756959591
Registered office moved from Roeselare to Gistel
New registered office: Paardebloemstraat 4, 8470 Gistel · Previous registered office: Mgr. Catrystraat 88, 8800 Roeselare · General meeting of 15-07-2025 · Gazette deed
First establishment
Gullegemsestraat 106, Ledegem
Incorporation
published on 27-10-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SB tec Gistel | €387,912 | €77,533 | 70.9% | - |
| Jonam Oostkamp | €344,610 | €72,724 | 81.5% | 1 |
| Niklas VO Temse | €345,756 | €87,044 | 32.2% | - |
| SINANI Machelen (Brab.) | €349,645 | €88,045 | 47.6% | - |
| VVS Lille | €380,707 | €74,637 | 52.4% | - |
| JACOB KURT & VADER Poperinge | €377,749 | €90,914 | 23.9% | - |
| TC-Technics Oudenburg | €449,143 | €93,435 | 38.0% | - |
These companies have the same main activity as SB tec: plumbing work (NACE 43221). They are comparable in size and age: total assets between €345,000 and €449,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 23-10-2020Normal situation
- Activity
- Plumbing workNACE 43221and 1 other
- Establishment unit
- 2.309.285.9288880 Ledegem, since 10-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 06-10-2025
Insights on SB tec
SB tec files the micro format. That format states no turnover. The gross margin rose from €34,263 in 2021 to €77,533 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SB tec
- What is the company number of SB tec?
- The company number of SB tec is 0756.959.591. The VAT number is the same number with BE in front: BE 0756.959.591.
- Where is SB tec based?
- The registered office is at Paardebloemstraat 4, 8470 Gistel.Company details
- What does SB tec do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of SB tec?
- SB tec is a private limited company (BV).
- When was SB tec founded?
- SB tec was founded on 23-10-2020.
- Is SB tec still active?
- Yes, SB tec is an active enterprise in the KBO register.
- What is the turnover of SB tec?
- The turnover in financial year 2024 is ≈ €310,000. This figure is estimated from the gross margin of €77,533 and 105 comparable companies (NACE 432). It probably lies between €220,000 and €450,000.Financials
- Is SB tec profitable?
- In financial year 2024, SB tec made a profit of €44,599.
- Where can I find the annual accounts of SB tec?
- SB tec filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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