SBDB
ActiveSummary
SBDB has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,963 and a net result of €7,020. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2023
Profitability76▲+26
Solvency47▲+47
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 0.17 in 2023; short-term debt: 78% and cash: 19.3% of total assets), and 78% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22%
Return on assets
11.9%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 28051 sector peers (2025).
NBB · sector comparisonPosition among 28051 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2023
42 d late
2022
2 d late
2021
115 d late
2020
9 d early
2018
15 d early
2017
78 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days after the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#8 oldest company in Baelen, Construction sector
Turnover
€24,868
EBIT margin
68.0%
Net result
€7,020
2023 · -€7,932
Working capital
€11,660
2023 · -€11,007
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Turnover€24,868
Operating result-€516-€16,903-€10,109-€7,882▲ 22.0%€6,747-
Net result-€1,015-€14,266-€10,357-€7,932▲ 23.4%€7,020-
EBIT margin68.0%
Equity-€1,434-€12,832€2,475▼ 80.7%-€5,458€12,963-
Total assets€317-€52,712▲ 16,554%€15,635▼ 70.3%€7,731▼ 50.6%€58,932-
Debt€1,750-€39,880▲ 2,179%€13,160▼ 67.0%€13,188▲ 0.2%€45,969-
Working capital-€1,434--€9,383▼ 554%-€11,408▼ 21.6%-€11,007▲ 3.5%€11,660-
Result per fiscal year
Operating resultNet result
The operating result is €6,747 in 2025, compared with -€7,882 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €58,932
Fixed assets
€1,303 ▼ 76.5%
Current assets
€57,629 ▲ 2,543%
Equity and liabilities €58,932
Equity
€12,963
Debt
€45,969
Debt finances 78.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€7,653▲
2023 · €451
Cash flow
€7,926▲
2023 · €400
Current ratio
1.25▲
2023 · 0.17
Debt to equity
3.55▲
2023 · -2.42
ROE
54.2%
ROA
11.9%▲
2023 · -102.6%
Interest coverage
5.07▼
2023 · 8.98
Debt ≤ 1 year
€45,969▲
2023 · €13,188
Income taxes
€9,936
Staff costs
€51,811
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €24,868 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €5,636 | €5,670 | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €51,811 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,785 | €8,333 | €8,333 | €906 | - |
| Other operating charges640/8 | - | - | - | - | €560 | - |
| Gross operating margin9900 | -€516 | €19,688 | -€1,776 | €451 | €60,023 | - |
| Operating profit (loss)9901 | -€516 | €16,903 | -€10,109 | -€7,882 | €6,747 | - |
| Financial income75/76B | - | - | €160 | - | €11,717 | - |
| Recurring financial income75 | - | - | €160 | - | €11,717 | - |
| Financial charges65/66B | - | - | €408 | €50 | €1,509 | - |
| Recurring financial charges65 | €253 | - | €408 | €50 | €1,509 | - |
| Profit (loss) for the period before taxes9903 | -€769 | €16,903 | -€10,357 | -€7,932 | €16,956 | - |
| Income taxes67/77 | €246 | €2,638 | - | - | €9,936 | - |
| Profit (loss) for the period9904 | -€1,015 | €14,266 | -€10,357 | -€7,932 | €7,020 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,015 | €14,266 | -€10,357 | -€7,932 | €7,020 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €317 | €52,712 | €15,635 | €7,731 | €58,932 | - |
| Fixed assets21/28 | - | €22,215 | €13,882 | €5,550 | €1,303 | - |
| Tangible fixed assets22/27 | - | €22,215 | €13,882 | €5,550 | €1,303 | - |
| Plant, machinery and equipment23 | - | - | €13,882 | €5,550 | €876 | - |
| Furniture and vehicles24 | - | - | - | - | €427 | - |
| Current assets29/58 | €317 | €30,497 | €1,752 | €2,181 | €57,629 | - |
| Amounts receivable within one year40/41 | - | €30,181 | - | €1,421 | €46,234 | - |
| Trade receivables40 | - | - | - | €1,355 | €46,234 | - |
| Other amounts receivable41 | - | - | - | €66 | - | - |
| Cash at bank and in hand54/58 | €317 | €317 | €1,752 | €760 | €11,358 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €37 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €317 | €52,712 | €15,635 | €7,731 | €58,932 | - |
| Equity10/15 | -€1,434 | €12,832 | €2,475 | -€5,458 | €12,963 | - |
| Contributions10/11 | €18,592 | - | €18,592 | €18,592 | €18,592 | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | - |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | - |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | - |
| Profit (loss) carried forward14 | -€21,885 | -€7,619 | -€17,977 | -€25,909 | -€7,488 | - |
| Amounts payable17/49 | €1,750 | €39,880 | €13,160 | €13,188 | €45,969 | - |
| Amounts payable within one year42/48 | €1,750 | €39,880 | €13,160 | €13,188 | €45,969 | - |
| Trade debts44 | - | €30,712 | €1,275 | €1,246 | €2,265 | - |
| Suppliers440/4 | - | - | €1,275 | €1,246 | €2,265 | - |
| Taxes, remuneration and social security45 | - | - | €1,871 | €1,871 | €29,489 | - |
| Taxes450/3 | - | - | €1,871 | €1,871 | €20,420 | - |
| Remuneration and social security454/9 | - | - | - | - | €9,069 | - |
| Other amounts payable47/48 | - | - | €10,014 | €10,071 | €14,215 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,015 | €14,266 | -€10,357 | -€7,932 | €7,020 | - |
| + Depreciation and write-downs630 | - | €2,785 | €8,333 | €8,333 | €906 | - |
| Operating cash flow (approximation) | -€1,015 | €17,051 | -€2,025 | €400 | €7,926 | - |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - | - |
| Change in cash | - | €0 | €1,436 | -€992 | - | - |
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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €7,020
Net result €7,020 after 2 loss-making years.
31-03
Financial
Liquidity times 8current ratio 1.25
Current ratio from 0.17 to 1.25.
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet -€10,357
Net result drops to -€10,357, the lowest in the series; recovery starts the following year.
23-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
2021
31-03
Financial
Back to profitnet €14,266
Net result €14,266 after 2 loss-making years.
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 78 days late
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 130 days late
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 134 days late
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Baelen · 3 establishment units since 2019
Ground area
4.0 ha
Building footprint
313 m²
Volume, LiDAR
2,094 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
3 establishment units
SBDB
since 20192.294.911.419
SBDB
since 20242.357.174.432
SBDB
since 20242.357.174.630
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63028A0359/00H000 | Wallonia | 3.9 ha | 1 · 157 m² | 8.7 m · 2 fl. |
| 63004C0499/00C000 | Wallonia | 911 m² | 1 · 156 m² | 8.4 m · 2 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHerve2.357.174.432
Plombières2.357.174.630
Similar companies · same sector, comparable size
Totaalrenovatie Vermeulen
BE 1005.901.381
Menen · Eq €13,023
RG SERVICES
BE 0758.665.011
Grimbergen · Eq €13,313
Metal Demolition
BE 0840.595.565
Schoten · Eq €12,567
ST.RENOV
BE 1008.840.283
Tienen · Eq €13,582
BRIA
BE 0794.130.090
Sint-Pieters-Leeuw · Eq €12,237
Of 1,366 companies in sector 43110 we hold annual accounts for 635. 329 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
Founded06-08-1994
Fiscal year end31-03
Activities, NACEBEL 2025
43110Demolition
38210Materials recovery from waste
43120Site preparation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453205972
Also
9925:BE0453205972
Registered
09-01-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.