SBSS
ActiveSummary
SBSS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,996 and a net result of €29,860. Its solvency ranks better than 65% of 16,996 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-06-2024 Normal situation
- Activity
- Cafés and bars NACE 56301and 1 other
- Establishment unit
- 2.360.829.352 1030 Schaarbeek, since 25-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- €65,097
- ▲ 774%
- Turnover
- ≈ €230,000
- estimated
- Profit
- €29,860
- ▲ 622%
- Equity
- €35,996
- ▲ 487%
- Total assets
- €76,320
- ▲ 250%
- Employees on 31-12-2025
- 2
- ▲ 100%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2024Size: total assets €76,320lowers riskLiquidity: current ratio 1.45, cash €48,165Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 65% of them on solvency, 77% on liquidity, 93% on profitability and 98% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 2 accounts on average 45 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 08-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 7.3 times that of 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 2 |
| part-time | 1 | 2 |
| in full-time equivalents | 0.3 | 0.9 |
| Average over the year, in full-time equivalents | 0 | 0.5 |
| On a permanent contract | 1 | 2 |
| Joined | 1 | 2 |
| Left | 0 | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €3,278 | €16,485 |
| Depreciation and write-downs of the year | €442 | €2,568 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €919 | €16,202 | ▲ 18× |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €442 | €2,568 | ▲ 480% |
| Other operating charges640/8 | €810 | €7,968 | ▲ 884% |
| Gross operating margin9900 | €7,446 | €65,097 | ▲ 774% |
| Operating profit (loss)9901 | €5,274 | €38,358 | ▲ 627% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €105 | €729 | ▲ 597% |
| Recurring financial charges65 | €105 | €729 | ▲ 597% |
| Profit (loss) for the period before taxes9903 | €5,170 | €37,629 | ▲ 628% |
| Income taxes67/77 | €1,034 | €7,769 | ▲ 651% |
| Profit (loss) for the period9904 | €4,136 | €29,860 | ▲ 622% |
| Profit (loss) for the period to be appropriated9905 | €4,136 | €29,860 | ▲ 622% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €21,814 | €76,320 | ▲ 250% |
| Formation expenses20 | €1,039 | €806 | ▼ 22.4% |
| Fixed assets21/28 | €2,959 | €17,108 | ▲ 478% |
| Tangible fixed assets22/27 | €2,959 | €17,108 | ▲ 478% |
| Furniture and vehicles24 | €2,959 | €8,521 | ▲ 188% |
| Other tangible fixed assets26 | - | €8,587 | - |
| Current assets29/58 | €17,816 | €58,405 | ▲ 228% |
| Stocks and contracts in progress3 | €1,513 | €6,671 | ▲ 341% |
| Stocks30/36 | €1,513 | €6,671 | ▲ 341% |
| Amounts receivable within one year40/41 | €9,799 | €3,494 | ▼ 64.3% |
| Trade receivables40 | €8,407 | €942 | ▼ 88.8% |
| Other amounts receivable41 | €1,392 | €2,552 | ▲ 83.4% |
| Cash at bank and in hand54/58 | €6,504 | €48,165 | ▲ 641% |
| Deferred charges and accrued income490/1 | - | €74 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €21,814 | €76,320 | ▲ 250% |
| Equity10/15 | €6,136 | €35,996 | ▲ 487% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €4,136 | €33,996 | ▲ 722% |
| Amounts payable17/49 | €15,678 | €40,324 | ▲ 157% |
| Amounts payable within one year42/48 | €15,678 | €40,324 | ▲ 157% |
| Trade debts44 | €4,644 | €10,914 | ▲ 135% |
| Suppliers440/4 | €4,644 | €10,914 | ▲ 135% |
| Taxes, remuneration and social security45 | €1,198 | €23,887 | ▲ 20× |
| Taxes450/3 | €1,034 | €8,803 | ▲ 751% |
| Remuneration and social security454/9 | €164 | €15,084 | ▲ 92× |
| Other amounts payable47/48 | €9,836 | €5,523 | ▼ 43.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,136 | €29,860 | ▲ 622% |
| + Depreciation and write-downs630 | €442 | €2,568 | ▲ 480% |
| Operating cash flow (approximation) | €4,578 | €32,428 | ▲ 608% |
| Investment in fixed assets (approximation) | - | -€16,717 | - |
| Change in cash | - | €41,661 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as SBSS has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of SBSS itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 39,278 companies, not a prediction for SBSS. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- Oruc Firat 90 shares
- Petrova Kalbten Mehmed 10 shares
- Saglam Sercenk to Oruc Firat 90 shares
- SAGLAM Serçenk sole founder · 100% at incorporation
Capital transactions
- 27-06-2024 Incorporation · €2,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Oruc Firat |
|
| Saglam Sercenk |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, nullité”
Articles of association, deed of 27-06-2024 (in French)
Network & group
SBSS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SBSS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-08
Gazette deed
Transfer of 90 sharesResignation: Saglam Sercenk (director) · Appointment: Oruc Firat (director) · Shareholding6 points ▸
- General meeting, 18-08-2025
- Director resignation, Saglam Sercenk (director)
- Director appointment, Oruc Firat (director)
- Share transfer, Saglam Sercenk → Oruc Firat
- Oruc Firat holds 90 shares
- Petrova Kalbten Mehmed holds 10 shares
27-06
Gazette deed
IncorporationStarting capital €2,000 · Appointment: SAGLAM Serçenk (administrateur non statutaire) · Founder11 points ▸
- Founder, SAGLAM Serçenk
- Incorporation, 21-06-2024
- Founding capital, €2,000
- Registered office clause, “1030 Schaerbeek, Rue Royale Sainte Marie 65” (deed in French)
- Other provision, /., “site internet et adresse électronique” (deed in French)
- Director appointment, SAGLAM Serçenk (administrateur non statutaire)
- Pre-incorporation commitments, “takeover, tous les engagements ainsi que les obligations qui en résultent, et toutes les activités entreprises au nom et pour compte de la société en formation” (deed in French)
- Power of attorney
- Capital
- Other provision, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “nature des autres titres” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21909E0233/02Y000 | Brussels | 72 m² | 1 · 55 m² | 16.1 m · 5 |