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SBS DIGITAL

Active
Private limited companyfounded 20206 yrs activeKennedylaan (President) 65, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0754.675.242
Summary

SBS DIGITAL has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1,259) and a net result of -€10,537. Equity is shrinking by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 4345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-57
Solvency23▼-19
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.76 against 2.59 in 2023; short-term debt: 54.2% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-2.4%
Return on assets
-20.3%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€1,259
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
69 d late
2023
166 d late
2022
130 d late
2021
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 122 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 September 2020, SBS DIGITAL was incorporated as a Private limited company.1 Total assets went from EUR 41,037 in 2021 to EUR 51,844 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€1,259
2023 · €9,278
Total assets
€51,844▼ 5.9%
2023 · €55,090
Net result
-€10,537
2023 · €378
Working capital
€21,349▼ 35.7%
2023 · €33,179
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€8,479-€965▼ 88.6%€1,235▲ 28.0%-€9,621
Net result€6,521within the sector's middle half-€379within the sector's middle half▼ 94.2%€378within the sector's middle half▼ 0.1%-€10,537below the sector's middle half
Equity€8,521below the sector's middle half-€8,899below the sector's middle half▲ 4.4%€9,278below the sector's middle half▲ 4.3%-€1,259below the sector's middle half
Total assets€41,037below the sector's middle half-€52,101within the sector's middle half▲ 27.0%€55,090within the sector's middle half▲ 5.7%€51,844within the sector's middle half▼ 5.9%
Debt€32,517-€43,202▲ 32.9%€45,813▲ 6.0%€53,103▲ 15.9%
Working capital€27,634within the sector's middle half-€28,393within the sector's middle half▲ 2.7%€33,179within the sector's middle half▲ 16.9%€21,349within the sector's middle half▼ 35.7%
Solvency20.8%within the sector's middle half-17.1%within the sector's middle half▼ 3.7pp16.8%below the sector's middle half▼ 0.2pp-2.4%below the sector's middle half▼ 19.3pp
Current ratio3.21within the sector's middle half-2.22within the sector's middle half▼ 0.982.59within the sector's middle half▲ 0.371.76within the sector's middle half▼ 0.83
Return on assets (ROA)15.9%within the sector's middle half-0.7%within the sector's middle half▼ 15.2pp0.7%within the sector's middle half=-20.3%below the sector's middle half▼ 21.0pp
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000€10,000Operating result 2021: €8,479€8,479Net result 2021: €6,521€6,521Operating result 2022: €965€965Net result 2022: €379€379Operating result 2023: €1,235€1,235Net result 2023: €378€378Operating result 2024: -€9,621-€9,621Net result 2024: -€10,537-€10,5372021202220232024-€15,000-€10,000-€5,000€0Operating result 2022: €965€965Net result 2022: €379€379Operating result 2023: €1,235€1,240Net result 2023: €378€378Operating result 2024: -€9,621-€9,620Net result 2024: -€10,537-€10,500202220232024
The operating result turns negative in 2024: a loss of €9,621 after €1,235 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51,844
Fixed assets €2,392 ▲ 118%
Current assets €49,452 ▼ 8.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€8,792▼
2023 · €2,043
Cash flow
-€9,708▼
2023 · €1,186
Debt to equity
-42.17▼
2023 · 4.94
Interest coverage
-9.18▼
2023 · 4.46
Debt ≤ 1 year
€28,103▲
2023 · €20,813
Debt > 1 year
€25,000=
2023 · €25,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.3% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€55,090€51,844▼
Fixed assets21/28€1,099€2,392▲
Tangible fixed assets22/27€1,099€2,392▲
Plant, machinery and equipment23€1,099€2,392▲
Current assets29/58€53,992€49,452▼
Amounts receivable within one year40/41€53,756€49,452▼
Trade receivables40€53,756€48,918▼
Other amounts receivable41-€534
Cash at bank and in hand54/58€11-
Deferred charges and accrued income490/1€224-
Equity and liabilities
Total equity and liabilities10/49€55,090€51,844▼
Equity10/15€9,278-€1,259▼
Contributions10/11€2,000€2,000=
Reserves13€5,000€5,000=
Distributable reserves133€5,000€5,000=
Profit (loss) carried forward14€2,278-€8,259▼
Amounts payable17/49€45,813€53,103▲
Amounts payable after more than one year17€25,000€25,000=
Other amounts payable178/9€25,000€25,000=
Amounts payable within one year42/48€20,813€28,103▲
Financial debts43-€8,467
Credit institutions430/8-€8,467
Trade debts44€3,060€13,686▲
Suppliers440/4€3,060€13,686▲
Taxes, remuneration and social security45€17,719€5,787▼
Taxes450/3€6,561€5,787▼
Remuneration and social security454/9€11,158-
Other amounts payable47/48€34€162▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€808€829▲
Other operating charges640/8€369€182▼
Gross operating margin9900€2,411-€8,610▼
Operating profit (loss)9901€1,235-€9,621▼
Financial income75/76B€6€42▲
Recurring financial income75€6€42▲
Financial charges65/66B€459€958▲
Recurring financial charges65€459€958▲
Profit (loss) for the period before taxes9903€782-€10,537▼
Income taxes67/77€404-
Profit (loss) for the period9904€378-€10,537▼
Profit (loss) for the period to be appropriated9905€378-€10,537▼
Appropriation of the result
Profit (loss) to be appropriated9906€2,278-€8,259▼
Profit (loss) brought forward from the previous period14P€1,899€2,278▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€253€380€808€829▲ 2.7%
Other operating charges640/8€685€717€369€182▼ 50.6%
Gross operating margin9900€9,417€2,062€2,411-€8,610▼ 457%
Operating profit (loss)9901€8,479€965€1,235-€9,621▼ 879%
Financial income75/76B€480€21€6€42▲ 628%
Recurring financial income75€480€21€6€42▲ 628%
Financial charges65/66B€183€236€459€958▲ 109%
Recurring financial charges65€183€236€459€958▲ 109%
Profit (loss) for the period before taxes9903€8,776€751€782-€10,537▼ 1,447%
Income taxes67/77€2,255€372€404--
Profit (loss) for the period9904€6,521€379€378-€10,537▼ 2,885%
Profit (loss) for the period to be appropriated9905€6,521€379€378-€10,537▼ 2,885%
Line2021202220232024Change
Assets
Total assets20/58€41,037€52,101€55,090€51,844▼ 5.9%
Fixed assets21/28€886€506€1,099€2,392▲ 118%
Tangible fixed assets22/27€886€506€1,099€2,392▲ 118%
Plant, machinery and equipment23€886€506€1,099€2,392▲ 118%
Current assets29/58€40,151€51,595€53,992€49,452▼ 8.4%
Amounts receivable within one year40/41€25,557€44,010€53,756€49,452▼ 8.0%
Trade receivables40€25,557€44,010€53,756€48,918▼ 9.0%
Other amounts receivable41---€534-
Cash at bank and in hand54/58€14,549€7,536€11--
Deferred charges and accrued income490/1€45€49€224--
Equity and liabilities
Total equity and liabilities10/49€41,037€52,101€55,090€51,844▼ 5.9%
Equity10/15€8,521€8,899€9,278-€1,259▼ 114%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13€5,000€5,000€5,000€5,000=
Distributable reserves133€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€1,521€1,899€2,278-€8,259▼ 463%
Amounts payable17/49€32,517€43,202€45,813€53,103▲ 15.9%
Amounts payable after more than one year17€20,000€20,000€25,000€25,000=
Other amounts payable178/9€20,000€20,000€25,000€25,000=
Amounts payable within one year42/48€12,517€23,202€20,813€28,103▲ 35.0%
Financial debts43---€8,467-
Credit institutions430/8---€8,467-
Trade debts44€8,813€8,693€3,060€13,686▲ 347%
Suppliers440/4€8,813€8,693€3,060€13,686▲ 347%
Taxes, remuneration and social security45€3,704€14,509€17,719€5,787▼ 67.3%
Taxes450/3€3,704€8,787€6,561€5,787▼ 11.8%
Remuneration and social security454/9-€5,722€11,158--
Other amounts payable47/48--€34€162▲ 373%
Line2021202220232024Change
Profit (loss) for the period9904€6,521€379€378-€10,537▼ 2,885%
+ Depreciation and write-downs630€253€380€808€829▲ 2.7%
Operating cash flow (approximation)€6,774€758€1,186-€9,708▼ 919%
Investment in fixed assets (approximation)-€0-€1,400-€2,122▼ 51.6%
Change in cash--€7,014-€7,524--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
08-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
13-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 166 days late
2024
31-12
Financial Weakest financial yearnet -€10,537
Net result drops to -€10,537, the lowest in the series.
2023
08-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 130 days late
2022
30-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Vilvoorde · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
353 m²
Building footprint
109 m²
Volume, LiDAR
619 m³
Parcel 23645C0210/00M004, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SBS DIGITAL
Kennedylaan (President) 65, 1800 VilvoordeVideo and film production, excluding cinema and television films
since 20202.310.747.262
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23645C0210/00M004 Flanders 353 m² 1 · 109 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 6,289 companies in sector 74120 we hold annual accounts for 1,011. 715 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74120Graphic design and visual communication
63910Web portal activities
73110Advertising agencies
96999Other personal services
Contact
E-invoicing
Reachable via Peppol
Peppol ID 0208:0754675242
Also 9925:BE0754675242
Registered 15-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.