Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 49% of them on solvency, 76% on liquidity, 95% on profitability and 97% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as SBC CONSTRUCT has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SBC CONSTRUCT itself is higher: 7.2% within 12 months. It rests on far more data about SBC CONSTRUCT than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for SBC CONSTRUCT. 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.
Liquidity is ample, with a current ratio of 2.61 (3.32 in 2024), above the usual 1.5. Short-term debt is 24.4% and cash 23.9% of total assets. However, 59.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 23 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SBC CONSTRUCT Overijse | €148,182 | €57,431 | 40.5% | - |
| GREEN PRODUCT ECO Verviers | €160,673 | €41,734 | 28.6% | - |
| ENDURE Hasselt | €154,803 | €82,673 | 2.3% | - |
| Il Mondo Company Merelbeke-Melle | €123,593 | €25,611 | 19.6% | - |
| FEELDS SYNTHETIC TURF Waregem | €287,476 | €81,476 | -24.1% | 1.6 |
| K&J Solutions Ans | €115,120 | €22,093 | 69.5% | - |
| LV ADVICE Waregem | €134,823 | €138,332 | 14.3% | - |
These companies have the same main activity as SBC CONSTRUCT: wholesale trade (NACE 46839). They are comparable in size and age: total assets between €115,000 and €287,000, founded between 2022 and 2025.
The computed 12-month bankruptcy probability of SBC CONSTRUCT is 7.2% (elevated). The 2025 annual accounts show equity of €60,048 and a net result of €43,367.
Its solvency ranks better than 50% of 13,805 sector peers (NACE 46, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €150,000 and €540,000.
Higher than 50% of 13,805 companies in 2025.
Higher than 66% of 13,186 companies in 2025.
Higher than 90% of 13,365 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
148,182 | 23,858 | |
21/28 |
53,592 | - | |
22/27 |
53,592 | - | |
24 |
53,592 | - | |
29/58 |
94,590 | 23,858 | |
40/41 |
56,266 | 22,616 | |
40 |
11,266 | 17,500 | |
41 |
45,000 | 5,117 | |
54/58 |
35,361 | 1,241 | |
490/1 |
2,963 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
148,182 | 23,858 | |
10/15 |
60,048 | 16,681 | |
10/11 |
2,000 | 2,000 | |
14 |
58,048 | 14,681 | |
17/49 |
88,133 | 7,177 | |
17 |
51,937 | - | |
170/4 |
51,937 | - | |
42/48 |
36,196 | 7,177 | |
42 |
12,751 | - | |
44 |
10,017 | - | |
440/4 |
9,519 | - | |
441 |
498 | - | |
45 |
13,428 | 7,177 | |
450/3 |
13,428 | 7,177 | |
| Income statement | |||
9900 |
57,431 | 18,483 | |
630 |
2,855 | - | |
640/8 |
327 | - | |
9901 |
54,249 | 18,483 | |
75/76B |
1,682 | - | |
75 |
1,682 | - | |
65/66B |
1,692 | 127 | |
65 |
1,692 | 127 | |
9903 |
54,239 | 18,356 | |
67/77 |
10,872 | 3,675 | |
9904 |
43,367 | 14,681 | |
9905 |
43,367 | 14,681 | |
| Appropriation of the result | |||
9906 |
58,048 | 14,681 | |
14P |
14,681 | - | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 57,104 | - | ||
| 46,222 | - | ||
| 56,446 | - | ||
| 34,120 | - | ||
| 58,394 | 16,681 | ||
| 40.5% | 69.9% | ||
| 2.61 | 3.32 | ||
| 1.47 | 0.43 | ||
| 72.2% | 88.0% | ||
| 29.3% | 61.5% | ||
| 33.75 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €56,446 | - |
| €2,855 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 194% higher than in 2024.
Debt's share of the balance-sheet total rises from 30.1% to 59.5%. Equity and debt are higher.
SBC CONSTRUCT has no parent and no holdings in its annual accounts. SAHITI Emrah is the only director. SBC CONSTRUCT shares no director with another company.
| NORIM
registered office since 04-07-2022 · founded in 2022 |
turnover €1.1m (2025) 0788.183.101 |
| ISTMAN CONSTRUCTION
registered office since 25-04-2023 · founded in 2023 · accounts filed late |
turnover €856,807 (2024) 0801.141.014 |
| DECO-PRO
registered office since 01-06-2025 · founded in 2014 · accounts filed late |
turnover €635,920 (2024) 0567.823.350 |
| MANDO
registered office since 29-07-2022 · founded in 2022 |
total assets €634,884 (2025) 0789.239.510 |
| HVAC Performance
registered office since 25-10-2022 · founded in 2022 |
total assets €623,019 (2025) 0792.862.063 |
| CORDEIRO CONSTRUCT
registered office since 02-06-2020 · founded in 2020 |
total assets €620,151 (2024) 0747.794.279 |
| Beprosoft Venture
establishment since 01-06-2022 · founded in 2017 · accounts filed late |
total assets €608,433 (2024) 0675.566.990 |
| MAT HOME CONSTRUCT
registered office since 09-11-2022 · founded in 2022 |
total assets €558,765 (2025) 0793.454.951 |
| SANDEF
registered office since 23-08-2022 · founded in 2022 |
turnover €362,314 (2025) 0789.882.975 |
| MODOCAR
registered office since 14-12-2024 · founded in 2024 |
total assets €465,537 (2025) 1017.397.267 |
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
SBC CONSTRUCT was incorporated on 14 March 2024 as a private limited company by one natural person, with a starting capital of €2,000.12 The registered office was moved to Liège in 2025.3 Since 2024, SAHITI Emrah has served as director.4
| Establishment | Since | Unit number |
|---|---|---|
| Brusselsesteenweg 292 registered office 3090 Overijse | ||
| Rue Charles-Magnette 13 4000 Liège | 14-03-2024 | 2.357.178.588 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 |
| 62063A1574/00B000 | Wallonia | 662 m² | 1 · 216 m² | 28.7 m · 9 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1007.146.149
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