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SBGA

Active Private limited companyfounded 2024active for 2 yearsRue Grignard 1, 6533 ThuinKBO/BCE: BE 1012.180.053

Lifetime

1 annual account with figures
peak €22,532 (2025)
€22,532 
peak €3,116 (2025)
€3,116 
peak €37,116 (2025)
€37,116 
€223,263 
Board1 name since 2024
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €94,000 estimated

The micro format states no turnover.

Debts

€223,263 86% of the balance sheet
Financial debts 79%Suppliers 2%Taxes and wages 2%Other 17%

Of this, €46,702 falls due within a year.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,542 companies had the same profile as SBGA has now. Each dot stands for 7 companies, two years later.

95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,542 companies, not a prediction for SBGA. 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

Board and ownership

Director
  • founderdeed of 06-08-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1012180053
Incorporation Founding capital of €34,000 · Founder: (fondateur comparant) · Appointment: (director) · published on 06-08-2024 · Gazette deed
First establishment Rue Grignard 1, Thuin
All 4 events

Comparable companies

same main activity, similar in size and age
Company
SBGA Thuin €260,379 €22,532 14.3% -
NESTOR SPACES Asse €243,110 €17,501 10.2% -
Qoor Bree €269,032 €16,539 2.5% -
BOSTOEN BUILDING Frasnes-lez-Anvaing €413,632 €15,212 7.4% -
KAL IMMO Charleroi €329,444 €26,413 13.5% -
GiVa Projects Heusden-Zolder €241,528 €37,906 14.7% -
WIBIMMO Wasseiges €290,048 €20,335 13.7% -

These companies have the same main activity as SBGA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €242,000 and €414,000, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 02-08-2024Normal situation
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.367.168.9946533 Thuin, since 02-08-2024
Financial year end
31 December
Peppol
Reachable since 30-12-2025
Company details

Annual accounts 2025

€260,379
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on SBGA

SBGA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,116 and a net result of €3,116.

Its solvency ranks better than 35% of 19,803 sector peers (NACE 68, financial year 2025).

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 SBGA

What is the company number of SBGA?
The company number of SBGA is 1012.180.053. The VAT number is the same number with BE in front: BE 1012.180.053.
Where is SBGA based?
The registered office is at Rue Grignard 1, 6533 Thuin.Company details
What does SBGA do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of SBGA?
SBGA is a private limited company (BV).
When was SBGA founded?
SBGA was founded on 02-08-2024.
Is SBGA still active?
Yes, SBGA is an active enterprise in the KBO register.
What is the turnover of SBGA?
The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €22,532 and 48 comparable companies (NACE 68121). It probably lies between €46,000 and €290,000. It is a rough estimate.Financials
Is SBGA profitable?
In financial year 2025, SBGA made a profit of €3,116.
Where can I find the annual accounts of SBGA?
SBGA filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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