SBS BOUW
BankruptcySummary
The KBO register records for SBS BOUW the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-37k) and a net result of €-139k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-09-2022, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
61 d late
2020
52 d late
2019
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-37k
2020 · €88k
2018: €60k
2019: €120k
2020: €88k
2018 → 2021
Total assets
€300k▼ 49.4%
2020 · €593k
2018: €198k
2019: €216k
2020: €593k
2018 → 2021
Net result
€-139k▼ 336%
2020 · €-32k
2018: €27k
2019: €60k
2020: €-32k
2018 → 2021
Working capital
€-98k
2020 · €42k
2018: €103k
2019: €116k
2020: €42k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€60k-€120k▲ 98.9%€88k▼ 26.4%€-37k
Operating result€30k-€73k▲ 139%€-27k€-130k▼ 380%
Net result€27k-€60k▲ 122%€-32k€-139k▼ 336%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €130k in 2021 against €27k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €300k
Fixed assets
€187k ▲ 1.8%
Current assets
€113k ▼ 72.3%
Key figures and ratios
EBITDA
€-116k▼
2020 · €-18k
Cash flow
€-124k▼
2020 · €-22k
Solvency
-12.5%▼
2020 · 14.9%
Current ratio
0.54▼
2020 · 1.11
Debt to equity
-9.00▼
2020 · 1.55
ROA
-46.2%▼
2020 · -5.4%
Interest coverage
-12.90
Debt
€338k▼
2020 · €504k
Debt ≤ 1 year
€211k▼
2020 · €367k
Debt > 1 year
€126k▼
2020 · €137k
Staff costs
€57k
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 · 2021 against 2020 · 51 lines
Balance sheet
Code20202021
Assets
Total assets20/58€593k€300k▼
Fixed assets21/28€183k€187k▲
Tangible fixed assets22/27€183k€187k▲
Land and buildings22-€164k
Plant, machinery and equipment23-€10k
Furniture and vehicles24-€13k
Current assets29/58€409k€113k▼
Stocks and contracts in progress3€36k-
Amounts receivable within one year40/41€189k€64k▼
Trade receivables40-€58k
Other amounts receivable41-€6k
Cash at bank and in hand54/58€184k-
Deferred charges and accrued income490/1-€49k
Equity and liabilities
Total equity and liabilities10/49€593k€300k▼
Equity10/15€88k€-37k▼
Contributions10/11-€6k
Reserves13€92k€77k▼
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Tax-exempt reserves132-€0
Distributable reserves133-€75k
Profit (loss) carried forward14€-10k€-121k▼
Amounts payable17/49€504k€338k▼
Amounts payable after more than one year17€137k€126k▼
Financial debts170/4-€126k
Amounts payable within one year42/48€367k€211k▼
Current portion of amounts payable after more than one year42-€44k
Financial debts43-€19k
Credit institutions430/8-€19k
Trade debts44€191k€82k▼
Suppliers440/4-€82k
Taxes, remuneration and social security45-€61k
Taxes450/3-€57k
Remuneration and social security454/9-€3k
Other amounts payable47/48-€6k
Income statement
Code20202021
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62-€57k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k▲
Other operating charges640/8-€2k
Gross operating margin9900€114k€-58k▼
Operating profit (loss)9901€-27k€-130k▼
Financial income75/76B-€928
Recurring financial income75€6k€928▼
Financial charges65/66B-€9k
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€-32k€-139k▼
Profit (loss) for the period9904€-32k€-139k▼
Transfer from tax-exempt reserves789-€15k
Profit (loss) for the period to be appropriated9905€-32k€-124k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-121k
Profit (loss) brought forward from the previous period14P-€3k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-139k
Net result drops to €-139k, the lowest in the series.
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 days late
2020
22-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 22 days late
2019
31-12
Financial
Highest result since 2018net €60k ▲122%
Operating result €73k, net result €60k, both a record.
31-12
Financial
Equity above €100kEq €120k ▲98.9%
2 profitable years in a row build equity to €120k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
28-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Damme · 1 establishment unit since 2016
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.
Bargestraat 168340 DammeGround area
3,966 m²
Parcel 31019C1038/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
Bargestraat 16, 8340 Damme
since 20162.260.329.038
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31019C1038/00M000 | Flanders | 3,966 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,254 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 (pre-2019)
Founded12-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.