SBI-TECH
ActiveSummary
The computed 12-month bankruptcy probability of SBI-TECH is 2.0% (moderate). The 2026 annual accounts show equity of €600k and a net result of €200k. Equity is growing by ~73.4% per year across the filed fiscal years. Its solvency ranks better than 19% of 205 sector peers (fiscal year 2026). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
Axes · tick = 2025
Profitability64▼-15
Solvency42=
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.13 in 2025; short-term debt: 67.2% and cash: 2.1% of total assets), and 83.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
16.7%
Return on assets
5.6%
Age of the figures
6 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 205 sector peers (2026).
NBB · sector comparisonPosition among 205 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-09-2026, 50 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2026
50 d early
2025
164 d early
2024
167 d early
2023
160 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€600k▲ 50.0%
2025 · €400k
2023: €46klowest in 4 years
2024: €124k▲ +170% vs 2023
2025: €400k▲ +222% vs 2024
2026: €600k▲ +50.0% vs 2025highest in 4 years
2023 → 2026
Total assets
€3.59M▲ 50.0%
2025 · €2.40M
2023: €669klowest in 4 years
2024: €1.63M▲ +143% vs 2023
2025: €2.40M▲ +47.3% vs 2024
2026: €3.59M▲ +50.0% vs 2025highest in 4 years
2023 → 2026
Net result
€200k▼ 0.4%
2025 · €201k
2023: €38klowest in 4 years
2024: €78k▲ +103% vs 2023
2025: €201k▲ +156% vs 2024highest in 4 years
2026: €200k▼ -0.4% vs 2025
2023 → 2026
Working capital
€912k▲ 296%
2025 · €230k
2023: €-40k
2024: €-149k▼ -272% vs 2023lowest in 4 years
2025: €230k▲ +254% vs 2024
2026: €912k▲ +296% vs 2025highest in 4 years
2023 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2023202420252026Trend
Equity€46k-€124k▲ 170%€400k▲ 222%€600k▲ 50.0%
2023: €46klowest in 4 years
2024: €124k▲ +170% vs 2023
2025: €400k▲ +222% vs 2024
2026: €600k▲ +50.0% vs 2025highest in 4 years
Operating result€44k-€133k▲ 200%€357k▲ 168%€412k▲ 15.3%
2023: €44klowest in 4 years
2024: €133k▲ +200% vs 2023
2025: €357k▲ +168% vs 2024
2026: €412k▲ +15.3% vs 2025highest in 4 years
Net result€38k-€78k▲ 103%€201k▲ 156%€200k▼ 0.4%
2023: €38klowest in 4 years
2024: €78k▲ +103% vs 2023
2025: €201k▲ +156% vs 2024highest in 4 years
2026: €200k▼ -0.4% vs 2025
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2026 is 15% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €3.59M
Fixed assets
€266k ▼ 36.6%
Current assets
€3.33M ▲ 68.4%
Equity and liabilities €3.59M
Equity
€600k ▲ 50.0%
Debt
€2.99M ▲ 50.0%
Debt's share of the balance-sheet total stays at 83.3%.
Key figures and ratios
EBITDA
€562k▲
2025 · €517k
Cash flow
€350k▼
2025 · €360k
Current ratio
1.38▲
2025 · 1.13
Quick ratio
0.74▲
2025 · 0.63
Debt to equity
4.99=
2025 · 4.99
ROE
33.3%▼
2025 · 50.2%
ROA
5.6%▼
2025 · 8.4%
Interest coverage
4.54▼
2025 · 6.26
Debt ≤ 1 year
€2.41M▲
2025 · €1.75M
Debt > 1 year
€563k▲
2025 · €243k
Income taxes
€88k▲
2025 · €77k
Staff costs
€2.05M▲
2025 · €937k
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 · 2026 against 2025 · 52 lines
Balance sheet
Code20252026
Assets
Total assets20/58€2.40M€3.59M▲
Fixed assets21/28€420k€266k▼
Intangible fixed assets21€138k€102k▼
Tangible fixed assets22/27€274k€159k▼
Plant, machinery and equipment23€136k€65k▼
Leasing and similar rights25€138k€95k▼
Financial fixed assets28€8k€5k▼
Current assets29/58€1.98M€3.33M▲
Stocks and contracts in progress3€875k€1.55M▲
Stocks30/36€175k€497k▲
Contracts in progress37€700k€1.06M▲
Amounts receivable within one year40/41€1.04M€1.70M▲
Trade receivables40€947k€1.51M▲
Other amounts receivable41€98k€191k▲
Cash at bank and in hand54/58€53k€75k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€2.40M€3.59M▲
Equity10/15€400k€600k▲
Contributions10/11€83k€83k=
Reserves13€317k€517k▲
Distributable reserves133€317k€517k▲
Amounts payable17/49€2.00M€2.99M▲
Amounts payable after more than one year17€243k€563k▲
Financial debts170/4€243k€174k▼
Other amounts payable178/9-€389k
Amounts payable within one year42/48€1.75M€2.41M▲
Current portion of amounts payable after more than one year42€77k€176k▲
Financial debts43€300k€300k=
Credit institutions430/8€300k€300k=
Trade debts44€1.21M€1.69M▲
Suppliers440/4€1.21M€1.69M▲
Taxes, remuneration and social security45€149k€250k▲
Taxes450/3€81k€120k▲
Remuneration and social security454/9€68k€130k▲
Other amounts payable47/48€10k-
Accrued charges and deferred income492/3€8k€15k▲
Income statement
Code20252026
Remuneration, social security and pensions62€937k€2.05M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160k€150k▼
Other operating charges640/8€664€813▲
Gross operating margin9900€1.45M€2.61M▲
Operating profit (loss)9901€357k€412k▲
Financial income75/76B€3k€0▼
Recurring financial income75€3k€0▼
Financial charges65/66B€83k€124k▲
Recurring financial charges65€83k€124k▲
Profit (loss) for the period before taxes9903€277k€288k▲
Income taxes67/77€77k€88k▲
Profit (loss) for the period9904€201k€200k▼
Profit (loss) for the period to be appropriated9905€201k€200k▼
Appropriation of the result
Profit (loss) to be appropriated9906€201k€200k▼
Transfer to equity691/2€201k€200k▼
To other reserves6921€201k€200k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | - | - | - |
| Remuneration, social security and pensions62 | €117k | €524k | €937k | €2.05M | ▲ 118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €115k | €160k | €150k | ▼ 6.1% |
| Other operating charges640/8 | €430 | €447 | €664 | €813 | ▲ 22.4% |
| Gross operating margin9900 | €182k | €773k | €1.45M | €2.61M | ▲ 79.3% |
| Operating profit (loss)9901 | €44k | €133k | €357k | €412k | ▲ 15.3% |
| Financial income75/76B | €369 | €3k | €3k | €0 | ▼ 100.0% |
| Recurring financial income75 | €369 | €3k | €3k | €0 | ▼ 100.0% |
| Financial charges65/66B | €6k | €44k | €83k | €124k | ▲ 49.9% |
| Recurring financial charges65 | €6k | €44k | €83k | €124k | ▲ 49.9% |
| Profit (loss) for the period before taxes9903 | €38k | €92k | €277k | €288k | ▲ 3.8% |
| Income taxes67/77 | - | €14k | €77k | €88k | ▲ 14.7% |
| Profit (loss) for the period9904 | €38k | €78k | €201k | €200k | ▼ 0.4% |
| Profit (loss) for the period to be appropriated9905 | €38k | €78k | €201k | €200k | ▼ 0.4% |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €669k | €1.63M | €2.40M | €3.59M | ▲ 50.0% |
| Fixed assets21/28 | €207k | €530k | €420k | €266k | ▼ 36.6% |
| Intangible fixed assets21 | - | €124k | €138k | €102k | ▼ 25.8% |
| Tangible fixed assets22/27 | €206k | €398k | €274k | €159k | ▼ 41.8% |
| Plant, machinery and equipment23 | €206k | €216k | €136k | €65k | ▼ 52.4% |
| Leasing and similar rights25 | - | €182k | €138k | €95k | ▼ 31.5% |
| Financial fixed assets28 | €1k | €8k | €8k | €5k | ▼ 41.9% |
| Current assets29/58 | €463k | €1.10M | €1.98M | €3.33M | ▲ 68.4% |
| Stocks and contracts in progress3 | €83k | €389k | €875k | €1.55M | ▲ 77.2% |
| Stocks30/36 | €83k | €89k | €175k | €497k | ▲ 183% |
| Contracts in progress37 | - | €300k | €700k | €1.06M | ▲ 50.7% |
| Amounts receivable within one year40/41 | €352k | €672k | €1.04M | €1.70M | ▲ 62.5% |
| Trade receivables40 | €281k | €561k | €947k | €1.51M | ▲ 59.0% |
| Other amounts receivable41 | €71k | €111k | €98k | €191k | ▲ 95.9% |
| Cash at bank and in hand54/58 | €21k | €34k | €53k | €75k | ▲ 43.5% |
| Deferred charges and accrued income490/1 | €6k | €682 | €2k | €1k | ▼ 47.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €669k | €1.63M | €2.40M | €3.59M | ▲ 50.0% |
| Equity10/15 | €46k | €124k | €400k | €600k | ▲ 50.0% |
| Contributions10/11 | €8k | €8k | €83k | €83k | = |
| Reserves13 | €38k | €117k | €317k | €517k | ▲ 63.0% |
| Distributable reserves133 | €38k | €117k | €317k | €517k | ▲ 63.0% |
| Amounts payable17/49 | €623k | €1.50M | €2.00M | €2.99M | ▲ 50.0% |
| Amounts payable after more than one year17 | €121k | €251k | €243k | €563k | ▲ 132% |
| Financial debts170/4 | €121k | €251k | €243k | €174k | ▼ 28.2% |
| Other amounts payable178/9 | - | - | - | €389k | - |
| Amounts payable within one year42/48 | €503k | €1.25M | €1.75M | €2.41M | ▲ 38.3% |
| Current portion of amounts payable after more than one year42 | €14k | €54k | €77k | €176k | ▲ 128% |
| Financial debts43 | €150k | €200k | €300k | €300k | = |
| Credit institutions430/8 | €150k | €200k | €300k | €300k | = |
| Trade debts44 | €328k | €930k | €1.21M | €1.69M | ▲ 39.7% |
| Suppliers440/4 | €328k | €930k | €1.21M | €1.69M | ▲ 39.7% |
| Taxes, remuneration and social security45 | €11k | €61k | €149k | €250k | ▲ 67.9% |
| Taxes450/3 | - | €14k | €81k | €120k | ▲ 47.9% |
| Remuneration and social security454/9 | €11k | €47k | €68k | €130k | ▲ 91.9% |
| Other amounts payable47/48 | - | - | €10k | - | - |
| Accrued charges and deferred income492/3 | - | €5k | €8k | €15k | ▲ 101% |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €78k | €201k | €200k | ▼ 0.4% |
| + Depreciation and write-downs630 | €20k | €115k | €160k | €150k | ▼ 6.1% |
| Operating cash flow (approximation) | €58k | €193k | €360k | €350k | ▼ 2.9% |
| Investment in fixed assets (approximation) | - | €-437k | €-50k | €3k | ▲ 106% |
| Change in cash | - | €13k | €18k | €23k | ▲ 25.3% |
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 2027, expected by
2026
11-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Equity above €500kEq €600k ▲50%
4 profitable years in a row build equity to €600k.
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2023net €201k ▲156%
Net result €201k, the highest in the series.
31-03
Financial
Equity above €200kEq €400k ▲222%
3 profitable years in a row build equity to €400k.
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €100kEq €124k ▲170%
2 profitable years in a row build equity to €124k.
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Antwerpen · 1 establishment unit since 2022
Ground area
1,395 m²
Building footprint
357 m²
Volume, LiDAR
2,684 m³
2 parcels, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SBI-TECH
since 20222.330.158.546
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002A0776/00S000 | Flanders | 1,269 m² | 1 · 230 m² | 9.4 m · 2 fl. |
| 11383B0491/00W003 | Flanders | 127 m² | 1 · 127 m² | 13.3 m · 4 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 99 EUR awarded · 99 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 99 EUR | 99 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
5 categoriesSBI-TECH BV#9697
SBI-TECH BV45330
Dual-learning approval
3 live approvalsMonteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Vakman installatietechnieken (vwo)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,473. 2,176 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
Founded06-04-2022
Fiscal year end31-03
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
Scores and ratios are computed by Checked and are not a credit decision.