SBR SOLUTIONS
ActiveSBR SOLUTIONS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €1k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 78 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▲+6
Solvency30▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.99 in 2024; short-term debt: 90.2% and cash: 15.6% of total assets), and 95.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
4.9%
Return on assets
0.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 29
Relative position
BE, all sectors
reference
Sector 29
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 78 sector peers (2025).
NBB · sector comparisonPosition among 78 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
18 d late
2023
on the day
2022
34 d early
2021
26 d late
2020
43 d early
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€28k▲ 4.3%
2024 · €27k
2018: €9k
2019: €11k
2020: €-32k
2021: €3k
2022: €11k
2023: €22k
2024: €27k
2018 → 2025
Total assets
€564k▼ 34.3%
2024 · €859k
2018: €601k
2019: €1.00M
2020: €473k
2021: €420k
2022: €552k
2023: €524k
2024: €859k
2018 → 2025
Net result
€1k▼ 76.8%
2024 · €5k
2018: €22k
2019: €2k
2020: €-42k
2021: €34k
2022: €8k
2023: €11k
2024: €5k
2018 → 2025
Working capital
€-4k▲ 22.3%
2024 · €-6k
2018: €7k
2019: €-6k
2020: €24k
2021: €-38k
2022: €-20k
2023: €6k
2024: €-6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€11k▲ 277%€22k▲ 104%€27k▲ 22.9%€28k▲ 4.3%
Operating result€51k-€15k▼ 69.9%€25k▲ 60.7%€14k▼ 42.0%€13k▼ 9.2%
Net result€34k-€8k▼ 77.4%€11k▲ 41.8%€5k▼ 55.1%€1k▼ 76.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €564k
Fixed assets
€59k▼ 13.8%
Current assets
€505k▼ 36.1%
Equity and liabilities €564k
Equity
€28k▲ 4.3%
Debt
€537k▼ 35.6%
The debt ratio falls from 96.9% to 95.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €19k
Cash flow
€16k▲
2024 · €9k
Solvency
4.9%▲
2024 · 3.1%
Current ratio
0.99▼
2024 · 0.99
Quick ratio
0.86▲
2024 · 0.83
Debt / equity
19.29▼
2024 · 31.24
ROE
4.1%▼
2024 · 18.6%
ROA
0.2%▼
2024 · 0.6%
Interest coverage
3.18▲
2024 · 2.49
Debt
€537k▼
2024 · €833k
Debt ≤ 1 year
€509k▼
2024 · €796k
Debt > 1 year
€27k▼
2024 · €37k
Income taxes
€3k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€859k€564k▼
Fixed assets21/28€69k€59k▼
Tangible fixed assets22/27€69k€59k▼
Plant, machinery and equipment23€498€55▼
Furniture and vehicles24€67k€54k▼
Other tangible fixed assets26€1k€5k▲
Current assets29/58€790k€505k▼
Stocks and contracts in progress3€126k€66k▼
Stocks30/36€126k€66k▼
Amounts receivable within one year40/41€601k€348k▼
Trade receivables40€506k€253k▼
Other amounts receivable41€95k€95k▲
Cash at bank and in hand54/58€58k€88k▲
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€859k€564k▼
Equity10/15€27k€28k▲
Contributions10/11€124k€124k=
Profit (loss) carried forward14€-97k€-96k▲
Amounts payable17/49€833k€537k▼
Amounts payable after more than one year17€37k€27k▼
Financial debts170/4€37k€27k▼
Amounts payable within one year42/48€796k€509k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Financial debts43€100k€75k▼
Credit institutions430/8€100k€75k▼
Trade debts44€398k€173k▼
Suppliers440/4€398k€173k▼
Taxes, remuneration and social security45€74k€29k▼
Taxes450/3€74k€29k▼
Other amounts payable47/48€217k€223k▲
Income statement
Code20242025
Non-recurring operating income76A€20k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€15k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€844€0▼
Other operating charges640/8€1k€686▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€21k€30k▲
Operating profit (loss)9901€14k€13k▼
Financial income75/76B€412€255▼
Recurring financial income75€412€255▼
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€7k€4k▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€5k€1k▼
Profit (loss) for the period to be appropriated9905€5k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-97k€-96k▲
Profit (loss) brought forward from the previous period14P€-102k€-97k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-42k ▼2518%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-08-2021
Resigned as Director
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2011
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.
Kalvariestraat(Mar) 48510 KortrijkGround area
1.3 ha
Building footprint
694 m²
Parcel 34026B0046/00L002, Flanders. Linked by address, not a title deed.
1 establishment unit
Just Drive Belgium
since 20112.201.239.806
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026B0046/00L002 | Flanders | 1.3 ha | 1 · 694 m² | - |
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.
Similar companies · same sector, comparable size
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MOBIWORX
BE 1001.001.396
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BE 0801.993.624
Ravels · Eq €33k
TFS MANAGEMENT
BE 0659.901.391
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BUZUN
BE 0841.697.407
Ukkel · Eq €22k
Of 248 companies in sector 29201 we hold annual accounts for 120. 56 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2011
Fiscal year end31-12
Activities, NACEBEL
29201Manufacture of motor vehicles, trailers and semi-trailers
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
64910Financial service activities, except insurance and pension funding
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.