SBB KITCHEN
ActiveSummary
The computed 12-month bankruptcy probability of SBB KITCHEN is 5.8% (elevated). The 2025 annual accounts show equity of €31k and a net result of €17k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 42% of 13417 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+83
Solvency46▲+5
Growth32=
Track record94
Bankruptcy probability, 12 months
5.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.2 against 1.03 in 2024; short-term debt: 78.1% and cash: 5.6% of total assets), and 78.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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
21.3%
Return on assets
11.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
26 d late
← 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
€31k▲ 117%
2024 · €14k
2023: €36khighest in 3 years
2024: €14k▼ -60.2% vs 2023lowest in 3 years
2025: €31k▲ +117% vs 2024
2023 → 2025
Total assets
€144k▲ 62.2%
2024 · €89k
2023: €83klowest in 3 years
2024: €89k▲ +7.9% vs 2023
2025: €144k▲ +62.2% vs 2024highest in 3 years
2023 → 2025
Net result
€17k
2024 · €-21k
2023: €35khighest in 3 years
2024: €-21k▼ -161% vs 2023lowest in 3 years
2025: €17k▲ +177% vs 2024
2023 → 2025
Working capital
€22k▲ 1,027%
2024 · €2k
2023: €24khighest in 3 years
2024: €2k▼ -91.7% vs 2023lowest in 3 years
2025: €22k▲ +1027% vs 2024
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€36k-€14k▼ 60.2%€31k▲ 117%
2023: €36khighest in 3 years
2024: €14k▼ -60.2% vs 2023lowest in 3 years
2025: €31k▲ +117% vs 2024
Operating result€44k-€-21k€19k
2023: €44khighest in 3 years
2024: €-21k▼ -148% vs 2023lowest in 3 years
2025: €19k▲ +190% vs 2024
Net result€35k-€-21k€17k
2023: €35khighest in 3 years
2024: €-21k▼ -161% vs 2023lowest in 3 years
2025: €17k▲ +177% vs 2024
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: €19k after a loss of €21k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144k
Fixed assets
€10k ▼ 26.1%
Current assets
€135k ▲ 77.3%
Equity and liabilities €144k
Equity
€31k ▲ 117%
Debt
€114k ▲ 51.8%
Debt's share of the balance-sheet total falls from 84.1% to 78.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €-18k
Cash flow
€21k▲
2024 · €-18k
Current ratio
1.20▲
2024 · 1.03
Quick ratio
1.15▲
2024 · 0.95
Debt to equity
3.69▼
2024 · 5.27
ROE
53.9%▲
2024 · -151.4%
ROA
11.5%▲
2024 · -24.1%
Interest coverage
24.09▲
2024 · -28.36
Debt ≤ 1 year
€113k▲
2024 · €74k
Income taxes
€3k▲
2024 · €218
Staff costs
€188k▲
2024 · €147k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€89k€144k▲
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€13k€10k▼
Plant, machinery and equipment23€13k€10k▼
Financial fixed assets28€120€120=
Current assets29/58€76k€135k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€58k€121k▲
Trade receivables40€33k€88k▲
Other amounts receivable41€25k€33k▲
Cash at bank and in hand54/58€12k€8k▼
Deferred charges and accrued income490/1€129€256▲
Equity and liabilities
Total equity and liabilities10/49€89k€144k▲
Equity10/15€14k€31k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€13k€29k▲
Amounts payable17/49€75k€114k▲
Amounts payable within one year42/48€74k€113k▲
Trade debts44€37k€51k▲
Suppliers440/4€37k€51k▲
Advances received on contracts in progress46-€30k
Taxes, remuneration and social security45€37k€31k▼
Taxes450/3€17k€7k▼
Remuneration and social security454/9€20k€24k▲
Accrued charges and deferred income492/3€785€881▲
Income statement
Code20242025
Remuneration, social security and pensions62€147k€188k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€400▼
Gross operating margin9900€131k€212k▲
Operating profit (loss)9901€-21k€19k▲
Financial income75/76B€683€1k▲
Recurring financial income75€683€1k▲
Financial charges65/66B€633€977▲
Recurring financial charges65€633€977▲
Profit (loss) for the period before taxes9903€-21k€20k▲
Income taxes67/77€218€3k▲
Profit (loss) for the period9904€-21k€17k▲
Profit (loss) for the period to be appropriated9905€-21k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€29k▲
Profit (loss) brought forward from the previous period14P€34k€13k▼
The notes to these accounts (8 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 | €38k | €147k | €188k | ▲ 27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €4k | ▲ 25.8% |
| Other operating charges640/8 | - | €2k | €400 | ▼ 81.6% |
| Gross operating margin9900 | €84k | €131k | €212k | ▲ 61.4% |
| Operating profit (loss)9901 | €44k | €-21k | €19k | ▲ 190% |
| Financial income75/76B | - | €683 | €1k | ▲ 101% |
| Recurring financial income75 | - | €683 | €1k | ▲ 101% |
| Financial charges65/66B | €299 | €633 | €977 | ▲ 54.5% |
| Recurring financial charges65 | €299 | €633 | €977 | ▲ 54.5% |
| Profit (loss) for the period before taxes9903 | €44k | €-21k | €20k | ▲ 192% |
| Income taxes67/77 | €9k | €218 | €3k | ▲ 1,306% |
| Profit (loss) for the period9904 | €35k | €-21k | €17k | ▲ 177% |
| Profit (loss) for the period to be appropriated9905 | €35k | €-21k | €17k | ▲ 177% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €83k | €89k | €144k | ▲ 62.2% |
| Formation expenses20 | €277 | - | - | - |
| Fixed assets21/28 | €12k | €13k | €10k | ▼ 26.1% |
| Tangible fixed assets22/27 | €12k | €13k | €10k | ▼ 26.4% |
| Plant, machinery and equipment23 | €12k | €13k | €10k | ▼ 26.4% |
| Financial fixed assets28 | €120 | €120 | €120 | = |
| Current assets29/58 | €71k | €76k | €135k | ▲ 77.3% |
| Stocks and contracts in progress3 | €6k | €6k | €6k | = |
| Stocks30/36 | €6k | €6k | €6k | = |
| Amounts receivable within one year40/41 | €19k | €58k | €121k | ▲ 108% |
| Trade receivables40 | €19k | €33k | €88k | ▲ 163% |
| Other amounts receivable41 | - | €25k | €33k | ▲ 34.5% |
| Cash at bank and in hand54/58 | €46k | €12k | €8k | ▼ 34.1% |
| Deferred charges and accrued income490/1 | - | €129 | €256 | ▲ 98.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €83k | €89k | €144k | ▲ 62.2% |
| Equity10/15 | €36k | €14k | €31k | ▲ 117% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €34k | €13k | €29k | ▲ 131% |
| Amounts payable17/49 | €47k | €75k | €114k | ▲ 51.8% |
| Amounts payable within one year42/48 | €47k | €74k | €113k | ▲ 52.2% |
| Trade debts44 | €21k | €37k | €51k | ▲ 39.3% |
| Suppliers440/4 | €21k | €37k | €51k | ▲ 39.3% |
| Advances received on contracts in progress46 | - | - | €30k | - |
| Taxes, remuneration and social security45 | €25k | €37k | €31k | ▼ 16.1% |
| Taxes450/3 | €15k | €17k | €7k | ▼ 59.9% |
| Remuneration and social security454/9 | €10k | €20k | €24k | ▲ 21.1% |
| Other amounts payable47/48 | €800 | - | - | - |
| Accrued charges and deferred income492/3 | - | €785 | €881 | ▲ 12.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €-21k | €17k | ▲ 177% |
| + Depreciation and write-downs630 | €2k | €3k | €4k | ▲ 25.8% |
| Operating cash flow (approximation) | €37k | €-18k | €21k | ▲ 215% |
| Investment in fixed assets (approximation) | - | €-5k | €-862 | ▲ 81.4% |
| Change in cash | - | €-34k | €-4k | ▲ 87.8% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Rixensart · 2 establishment units since 2023
Ground area
8.9 ha
Building footprint
1.6 ha
Volume, LiDAR
228,513 m³
3 parcels, Brussels, Wallonia · tallest building 51.1 m, ±7 floors. Linked by address, not a title deed.
116
companies at this address
See who is registered here
2 establishment units
Sababa
since 20232.344.797.430
SBB KITCHEN
since 20232.344.797.529
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0905/00H000 | Brussels | 8.3 ha | 1 · 1.3 ha | 51.0 m · 3 fl. |
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
| 25033B0525/00T002 | Wallonia | 2,544 m² | 1 · 1,570 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWatermaal-Bosvoorde2.344.797.430
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,494 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
Founded20-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Scores and ratios are computed by Checked and are not a credit decision.