SBM CONSTRUCT
ActiveSummary
SBM CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €681k and a net result of €84k. Equity is growing by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-5
Solvency92▲+15
Growth64▲+2
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.39 against 2.09 in 2024; short-term debt: 25.3% and cash: 11% of total assets), and 33.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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 2025Solvency, return and age of the figures
Solvency
66.8%
Return on assets
8.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
19 d early
2024
9 d early
2023
22 d early
2022
13 d early
2021
20 d early
2020
1 d early
2019
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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€4.41M▲ 7.2%
2024 · €4.12M
2020: €4.26M
2021: €4.20M
2022: €3.77M
2023: €3.32M
2024: €4.12M
2020 → 2025
EBIT margin
2.7%▼ 1.8pp
2024 · 4.5%
2020: 7.5%
2021: 3.1%
2022: 1.9%
2023: 2.9%
2024: 4.5%
2020 → 2025
Net result
€84k▼ 35.6%
2024 · €131k
2019: €26k
2020: €239k
2021: €83k
2022: €-12k
2023: €64k
2024: €131k
2019 → 2025
Working capital
€616k▲ 11.0%
2024 · €555k
2019: €9k
2020: €182k
2021: €330k
2022: €343k
2023: €416k
2024: €555k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.20M-€3.77M▼ 10.2%€3.32M▼ 11.9%€4.12M▲ 24.0%€4.41M▲ 7.2%
Equity€401k-€389k▼ 2.9%€453k▲ 16.5%€584k▲ 28.9%€681k▲ 16.6%
Operating result€130k-€70k▼ 45.6%€97k▲ 37.6%€186k▲ 92.1%€119k▼ 36.2%
Net result€83k-€-12k€64k€131k▲ 104%€84k▼ 35.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€146k ▲ 147%
Current assets
€873k ▼ 17.8%
Equity and liabilities €1.02M
Equity
€681k ▲ 16.6%
Debt
€338k ▼ 37.0%
Debt's share of the balance-sheet total falls from 47.9% to 33.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€173k▼
2024 · €228k
Cash flow
€139k▼
2024 · €173k
Current ratio
3.39▲
2024 · 2.09
Debt to equity
0.50▼
2024 · 0.92
ROE
12.4%▼
2024 · 22.4%
ROA
8.3%▼
2024 · 11.7%
Interest coverage
31.47▲
2024 · 24.14
Debt ≤ 1 year
€258k▼
2024 · €507k
Debt > 1 year
€81k▲
2024 · €29k
Income taxes
€31k▼
2024 · €46k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.12M€1.02M▼
Fixed assets21/28€59k€146k▲
Tangible fixed assets22/27€48k€134k▲
Plant, machinery and equipment23€1k-
Furniture and vehicles24€47k€134k▲
Financial fixed assets28€12k€12k=
Current assets29/58€1.06M€873k▼
Amounts receivable after more than one year29€20k€20k=
Trade receivables290€20k€20k=
Amounts receivable within one year40/41€876k€731k▼
Trade receivables40€398k€341k▼
Other amounts receivable41€479k€391k▼
Cash at bank and in hand54/58€157k€112k▼
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.02M▼
Equity10/15€584k€681k▲
Contributions10/11€6k€19k▲
Reserves13€16k€16k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€14k€14k=
Profit (loss) carried forward14€562k€647k▲
Amounts payable17/49€537k€338k▼
Amounts payable after more than one year17€29k€81k▲
Financial debts170/4€29k€81k▲
Amounts payable within one year42/48€507k€258k▼
Financial debts43€33k€59k▲
Credit institutions430/8€33k€59k▲
Trade debts44€428k€168k▼
Suppliers440/4€428k€168k▼
Taxes, remuneration and social security45€46k€31k▼
Taxes450/3€46k€31k▼
Income statement
Code20242025
Turnover70€4.12M€4.41M▲
Non-recurring operating income76A€40k€56k▲
Goods, raw materials, services and sundry goods60/61€3.93M€4.30M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€54k▲
Other operating charges640/8€188€288▲
Gross operating margin9900€228k€173k▼
Operating profit (loss)9901€186k€119k▼
Financial income75/76B€52€2k▲
Recurring financial income75€52€2k▲
Financial charges65/66B€9k€5k▼
Recurring financial charges65€9k€5k▼
Profit (loss) for the period before taxes9903€177k€115k▼
Income taxes67/77€46k€31k▼
Profit (loss) for the period9904€131k€84k▼
Profit (loss) for the period to be appropriated9905€131k€84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€562k€647k▲
Profit (loss) brought forward from the previous period14P€431k€562k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Equity above €500kEq €584k ▲28.9%
2 profitable years in a row build equity to €584k.
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Back to profitnet €64k
Net result €64k after one loss-making year.
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Highest result since 2019net €239k ▲833%
Operating result €317k, net result €239k, both a record.
30-06
Financial
Equity above €200kEq €318k ▲502%
2 profitable years in a row build equity to €318k.
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Brussel · 1 establishment unit since 2017
Ground area
1,089 m²
Building footprint
489 m²
Volume, LiDAR
8,911 m³
2 parcels, Brussels, Flanders · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
425
companies at this address
See who is registered here
1 establishment unit
SBM CONSTRUCT
since 20172.262.307.343
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0630/00H003 | Brussels | 808 m² | 1 · 279 m² | 26.6 m · 8 fl. |
| 44038A0001/00B004 | Flanders | 281 m² | 1 · 210 m² | 12.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
Legal Entity Identifier
2549007EWGXCB5V0CP60
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Of 337 companies in sector 42219 we hold annual accounts for 149. 84 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2017
Fiscal year end30-06
Activities, NACEBEL 2025
42219Civil engineering
43120Site preparation
43910Bricklaying and masonry work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.