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Sbrango

Active
Private limited companyfounded 2019active for 7 yearsJupiterlaan 45, 1190 Vorst, BelgiumKBO/BCE: BE 0735.700.161
Summary

Sbrango has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189,442 and a net result of €89,144. Its solvency ranks better than 95% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 04-10-2019 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200
Establishment unit
2.295.083.049 1190 Vorst, since 20-10-2019
Financial year end
31 December
Peppol
Reachable since 18-03-2025

Board and ownership

Board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€89,652
Turnover
≈ €170,000
estimated
Profit
€89,144
Equity
€189,442
Total assets
€192,182
Filed on 27-07-2026, 4 days before the deadline
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 63.50, cash €154,675Sector: Computer programming, consultancy and related activities (NACE 62)Equity €189,442 (98.6% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 88% of micro companies in computer programming and consultancy (NACE 62)
Financial strength
Strong
Solvency 100
equity 98.6% of total assets
Liquidity 100
short-term debt 1.4% · cash 80.5%
Profitability 100
return on assets 46.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.4 percentage points vs 03-2025highest value 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 0.9%▼ -0.1 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.8%▼ -0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.8 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 63.5, above the usual 1.5. Short-term debt is 1.4% and cash 80.5% of total assets. 1.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 96% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 63.50, cash €154,675
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €189,442 (98.6% of total assets)
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
4 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 27-07-2026 at the NBB

Turnover
≈ €170,000
Estimated: probably between €150,000 and €230,000
Total assets
€192,182
Net result
€89,144
Working capital
€171,260

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €192,182
Fixed assets €18,182
Current assets €174,000
Equity and liabilities €192,182
Equity €189,442
Debt €2,740
Debt's share of the balance-sheet total is 1.4%.
Key figures and ratios
2025 value
EBITDA
€87,947
Cash flow
€90,664
Current ratio
63.50
Debt to equity
0.01
ROE
47.1%
ROA
46.4%
Interest coverage
over 100
Debt ≤ 1 year
€2,740
Income taxes
-€2,589

Investments

fixed assets acquired
Item2025
Tangible fixed assets€19,457
Financial fixed assets€0
Depreciation and write-downs of the year€1,521

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as Sbrango: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €170,000 and €212,000, founded between 2019 and 2020.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
Sbrango Vorst2019€192,182€189,442€89,652-€89,1442025
YMALAYA CONSULT Brussel2019€183,770€52,031€88,419-€50,0312024
ICT Constantinescu Oudergem2019€182,273€166,201€89,467€156,844€31,1982025
Sparkswell Schaarbeek2019€191,850€109,068€83,282-€63,6482025
A.M. PROTEGO Sint-Jans-Molenbeek2020€174,798€123,110€91,674-€41,4132025
BRYTECODE Watermaal-Bosvoorde2019€212,019€69,604€88,612-€62,5862025
EL MAK IT Sint-Jans-Molenbeek2020€170,059€120,087€94,714-€67,8102025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as Sbrango has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Sbrango itself is lower: < 0.1% within 12 months. It rests on far more data about Sbrango than the profile alone.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 26,972 companies, not a prediction for Sbrango. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines

Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€192,182
Fixed assets21/28€18,182
Tangible fixed assets22/27€18,182
Furniture and vehicles24€939
Other tangible fixed assets26€17,243
Current assets29/58€174,000
Amounts receivable within one year40/41€18,602
Trade receivables40€12,495
Other amounts receivable41€6,107
Cash at bank and in hand54/58€154,675
Deferred charges and accrued income490/1€723
Equity and liabilities
Total equity and liabilities10/49€192,182
Equity10/15€189,442
Contributions10/11€1,000
Reserves13€100
Non-distributable reserves130/1€100
Reserves not available under the articles1311€100
Profit (loss) carried forward14€188,342
Amounts payable17/49€2,740
Amounts payable within one year42/48€2,740
Trade debts44€2,039
Suppliers440/4€2,039
Taxes, remuneration and social security45€701
Taxes450/3€701
Remuneration and social security454/9€0
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,521
Other operating charges640/8€1,704
Gross operating margin9900€89,652
Operating profit (loss)9901€86,427
Financial income75/76B€309
Recurring financial income75€309
Financial charges65/66B€180
Recurring financial charges65€180
Profit (loss) for the period before taxes9903€86,555
Income taxes67/77-€2,589
Profit (loss) for the period9904€89,144
Profit (loss) for the period to be appropriated9905€89,144
Appropriation of the result
Profit (loss) to be appropriated9906€188,342
Profit (loss) brought forward from the previous period14P€99,198
Profit to be distributed694/7€0
Directors or managers695€0

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,521
Other operating charges640/8€1,704
Gross operating margin9900€89,652
Operating profit (loss)9901€86,427
Financial income75/76B€309
Recurring financial income75€309
Financial charges65/66B€180
Recurring financial charges65€180
Profit (loss) for the period before taxes9903€86,555
Income taxes67/77-€2,589
Profit (loss) for the period9904€89,144
Profit (loss) for the period to be appropriated9905€89,144
Line2025
Assets
Total assets20/58€192,182
Fixed assets21/28€18,182
Tangible fixed assets22/27€18,182
Furniture and vehicles24€939
Other tangible fixed assets26€17,243
Current assets29/58€174,000
Amounts receivable within one year40/41€18,602
Trade receivables40€12,495
Other amounts receivable41€6,107
Cash at bank and in hand54/58€154,675
Deferred charges and accrued income490/1€723
Equity and liabilities
Total equity and liabilities10/49€192,182
Equity10/15€189,442
Contributions10/11€1,000
Reserves13€100
Non-distributable reserves130/1€100
Reserves not available under the articles1311€100
Profit (loss) carried forward14€188,342
Amounts payable17/49€2,740
Amounts payable within one year42/48€2,740
Trade debts44€2,039
Suppliers440/4€2,039
Taxes, remuneration and social security45€701
Taxes450/3€701
Remuneration and social security454/9€0
Line2025
Profit (loss) for the period9904€89,144
+ Depreciation and write-downs630€1,521
Operating cash flow (approximation)€90,664

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 27-07-2026 2026-00334087 NBB

Board & ownership

Directors

Directors
1 director, last change in 2025
LIMONGI Nicola
Sole director · in office according to the act of 18-03-2025 · earlier manager, until 18-03-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 27-07-2026
Current

Owners and capital

Capital transactions

Capital over time
  1. 18-03-2025 Converted to unavailable equity

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
LIMONGI Nicola
  • Manager, until 18-03-2025
  • Sole director, since before 18-03-2025
See the board, name and registered office on a given date →

Network & group

Sbrango shares no director with another company.

Companies at the same address

1 other company

Connections & network

1 current director
Depth

The network starts from the directors of Sbrango. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
27-07
NBB filing Annual accounts 2025 filedNBB
micro format · 4 days before the deadline
2025
18-03
Gazette deed Registered office moved from Ixelles to Bruxelles
Resignation: LIMONGI Nicola (manager) · Reappointment: LIMONGI Nicola (sole director) · Auditor report13 points ▸
  • General meeting, 13-03-2025
  • Registered-office move, avenue Jupiter 45,Forest (1190 Bruxelles)
  • Other provision, 06-01-2025
  • Auditor report, EUR, “suffisants et appropriés” (deed in French), mentioned 2 times in the deed
  • Other provision, “établissement état actif-passif et calcul actif net, responsabilités organe d’administration” (deed in French)
  • Other provision, “étendue mission réviseur, pas d’opinion d’audit” (deed in French)
  • Legal-form conversion, “société à responsabilité limitée” (deed in French)
  • Capital conversion, “compte 111 apport indisponible hors capital” (deed in French)
  • Amendment of the articles
  • Director resignation, LIMONGI Nicola (manager)
  • Director reappointment, LIMONGI Nicola (sole director)
  • Power of attorney
  • The act holds 1 more point.

Open the act in the Belgian Official Gazette

2019
15-10
Gazette deed IncorporationPDF
Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 4 October 2019, Sbrango was incorporated.1 In 2025 the registered office moved to Bruxelles.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-03-2025
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name Sbrango in French
Enterprise number 0735.700.161
Legal form Private limited company
Status Active, normale toestand
Founded 04-10-2019
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-03-2025 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, Annexes du Moniteur belge”
deed of 18-03-2025 (in French)

Registered office and establishments

Registered office Jupiterlaan 45, 1190 Vorst, Belgium
Former registered office 1050 Ixelles until 01-06-2025 · act of 18-03-2025
Establishment unit Sbrango Scomm, Jupiterlaan 45, 1190 Vorst since 20-10-2019 · unit number 2.295.083.049

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“La conception,la réalisation et la mise en œuvre de programmes informatiques; Le développement,la gestion et le déploiement de sites web ou…”
9 activities
  1. La conception,la réalisation et la mise en œuvre de programmes informatiques
  2. Le développement,la gestion et le déploiement de sites web ou applications pour mobile
  3. Le conseil à l’organisation de services informatiques,à la conception d’architecture et la gestion de flux d’informations,à toute opération liée de près ou loin à l’automatisation des processus et procédures ou à l’acquisition de matériel
  4. La gestion de parc informatique pour compte de tiers
  5. La formation à l’utilisation de matériel informatique ou de programmes
  6. Le management d’équipes informatiques
  7. La sélection et le recrutement pourcompte de tiers de personnels informatiques
  8. Autres services d’information
  9. Les conseils aux entreprises et autres conseils de gestion
deed of 18-03-2025 (in French)

Invoicing and payment

VAT number BE 0735.700.161
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0735700161
Other Peppol ID 9925:BE0735700161
Registered 18-03-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 18-03-2025 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
300 m²
Building footprint
94 m²
Building volume
1,657 m³
Cadastral parcel Region Area Buildings Height / floors
21383B0031/00C044 Brussels 300 m² 1 · 94 m² 21.4 m · 6