SBO²
ActiveSummary
SBO² has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €30k. Equity is growing by ~41.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+18
Solvency100▲+19
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.37 against 2.0 in 2024; short-term debt: 15.9% and cash: 18.3% of total assets), and 17.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
82.4%
Return on assets
31.9%
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 29-01-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
27 d late
2023
1 d late
2022
on the day
← 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, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€78k▲ 63.3%
2024 · €48k
2022: €27k
2023: €38k
2024: €48k
2022 → 2025
Total assets
€94k▲ 11.4%
2024 · €85k
2022: €74k
2023: €77k
2024: €85k
2022 → 2025
Net result
€30k▲ 226%
2024 · €9k
2022: €17k
2023: €11k
2024: €9k
2022 → 2025
Working capital
€36k▲ 22.8%
2024 · €29k
2022: €14k
2023: €25k
2024: €29k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€27k-€38k▲ 40.6%€48k▲ 24.1%€78k▲ 63.3%
Operating result€26k-€16k▼ 36.9%€14k▼ 15.9%€39k▲ 188%
Net result€17k-€11k▼ 35.9%€9k▼ 16.7%€30k▲ 226%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 188% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€44k ▲ 63.1%
Current assets
€51k ▼ 12.5%
Equity and liabilities €94k
Equity
€78k ▲ 63.3%
Debt
€17k ▼ 55.2%
Debt's share of the balance-sheet total falls from 43.8% to 17.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €25k
Cash flow
€46k▲
2024 · €20k
Current ratio
3.37▲
2024 · 2.00
Quick ratio
2.99▲
2024 · 1.80
Debt to equity
0.21▼
2024 · 0.78
ROE
38.8%▲
2024 · 19.4%
ROA
31.9%▲
2024 · 10.9%
Interest coverage
186.21▲
2024 · 53.30
Debt ≤ 1 year
€15k▼
2024 · €29k
Debt > 1 year
€2k▼
2024 · €8k
Income taxes
€9k▲
2024 · €4k
Staff costs
€0
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€85k€94k▲
Fixed assets21/28€27k€44k▲
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€23k€41k▲
Land and buildings22-€2k
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€489€27k▲
Leasing and similar rights25€15k€7k▼
Current assets29/58€58k€51k▼
Stocks and contracts in progress3€6k€6k▼
Stocks30/36€6k€6k▼
Amounts receivable within one year40/41€16k€26k▲
Trade receivables40€16k€24k▲
Other amounts receivable41€257€2k▲
Cash at bank and in hand54/58€33k€17k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€85k€94k▲
Equity10/15€48k€78k▲
Contributions10/11€10k€10k=
Reserves13€38k€68k▲
Distributable reserves133€38k€68k▲
Amounts payable17/49€37k€17k▼
Amounts payable after more than one year17€8k€2k▼
Financial debts170/4€8k€2k▼
Amounts payable within one year42/48€29k€15k▼
Current portion of amounts payable after more than one year42€8k€7k▼
Trade debts44€9k€234▼
Suppliers440/4€9k€234▼
Taxes, remuneration and social security45€9k€8k▼
Taxes450/3€9k€8k▼
Other amounts payable47/48€3k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€16k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€27k€57k▲
Operating profit (loss)9901€14k€39k▲
Financial income75/76B€31€25▼
Recurring financial income75€31€25▼
Financial charges65/66B€463€295▼
Recurring financial charges65€463€295▼
Profit (loss) for the period before taxes9903€13k€39k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€9k€30k▲
Profit (loss) for the period to be appropriated9905€9k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€30k▲
Transfer to equity691/2€9k€30k▲
To other reserves6921€9k€30k▲
The notes to these accounts (10 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2022net €30k ▲226%
Operating result €39k, net result €30k, both a record.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-06
Financial
Weakest financial yearnet €9k ▼16.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kuurne · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koning Boudewijnstraat 1328520 KuurneGround area
994 m²
Building footprint
130 m²
Volume, LiDAR
949 m³
Parcel 34023B0563/00T000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SBO2 Network Solutions
since 20212.316.361.582
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0563/00T000 | Flanders | 994 m² | 1 · 130 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 to 2023 · 2 entries · 567 EUR awarded · 567 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 294 EUR | 294 EUR |
| 2022 | 1 | 273 EUR | 273 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,396 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
Founded09-04-2021
Fiscal year end30-06
Activities, NACEBEL 2025
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.