SBST PARTNERS
ActiveSBST PARTNERS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231k and a net result of €2k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-55
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.64 against 5.43 in 2024; short-term debt: 18.9% and cash: 1% of total assets), and 19% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 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
81%
Return on assets
0.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
29 d early
2024
24 d early
2023
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€231k▲ 1.0%
2024 · €229k
2023: €154k
2024: €229k
2023 → 2025
Total assets
€286k▲ 1.4%
2024 · €282k
2023: €246k
2024: €282k
2023 → 2025
Net result
€2k▼ 96.8%
2024 · €75k
2023: €152k
2024: €75k
2023 → 2025
Working capital
€142k▼ 37.8%
2024 · €229k
2023: €154k
2024: €229k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€154k-€229k▲ 48.9%€231k▲ 1.0%
Operating result€208k-€105k▼ 49.5%€8k▼ 92.8%
Net result€152k-€75k▼ 50.5%€2k▼ 96.8%
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 93% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€89k▲ 9,313%
Current assets
€197k▼ 30.0%
Equity and liabilities €286k
Equity
€231k▲ 1.0%
Debt
€54k▲ 2.8%
The debt ratio rises from 18.8% to 19.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €105k
Cash flow
€3k▼
2024 · €75k
Solvency
81.0%▼
2024 · 81.2%
Current ratio
3.64▼
2024 · 5.43
Quick ratio
3.64▼
2024 · 5.43
Debt / equity
0.23▲
2024 · 0.23
ROE
1.0%▼
2024 · 32.8%
ROA
0.8%▼
2024 · 26.7%
Interest coverage
3.04▼
2024 · 35.26
Debt
€54k▲
2024 · €53k
Debt ≤ 1 year
€54k▲
2024 · €52k
Income taxes
€3k▼
2024 · €27k
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€282k€286k▲
Fixed assets21/28€947€89k▲
Tangible fixed assets22/27€947€1k▲
Furniture and vehicles24€947€1k▲
Financial fixed assets28-€88k
Current assets29/58€281k€197k▼
Amounts receivable within one year40/41€275k€190k▼
Trade receivables40€275k€190k▼
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€282k€286k▲
Equity10/15€229k€231k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€227k€229k▲
Amounts payable17/49€53k€54k▲
Amounts payable within one year42/48€52k€54k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€30k€6k▼
Taxes450/3€30k€6k▼
Other amounts payable47/48€20k€46k▲
Accrued charges and deferred income492/3€1k€300▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€350€439▲
Other operating charges640/8€939€951▲
Gross operating margin9900€106k€9k▼
Operating profit (loss)9901€105k€8k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€102k€5k▼
Income taxes67/77€27k€3k▼
Profit (loss) for the period9904€75k€2k▼
Profit (loss) for the period to be appropriated9905€75k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€227k€229k▲
Profit (loss) brought forward from the previous period14P€152k€227k▲
The notes to these accounts (7 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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €2k ▼96.8%
Net result drops to €2k, the lowest in the series.
06-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity doublescurrent ratio 5.43
Current ratio from 2.70 to 5.43; short-term debt falls from €91k to €52k.
30-09
Financial
Equity above €200kEq €229k ▲48.9%
2 profitable years in a row build equity to €229k.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dilbeek · 1 establishment unit since 2021
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.
Broekstraat 711700 DilbeekGround area
722 m²
Building footprint
136 m²
Volume, LiDAR
1,448 m³
Parcel 23352F0118/00C002, Flanders · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SBST PARTNERS
since 20212.323.984.297
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23352F0118/00C002 | Flanders | 722 m² | 1 · 136 m² | 13.7 m · 4 fl. |
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
PL ADVISORY SERVICES
BE 0698.636.758
Kraainem · Eq €231k
J.M. Management
BE 0835.039.544
Sint-Martens-Latem · Eq €231k
C-COMPANY
BE 0890.197.902
Herent · Eq €231k
Zilverberk
BE 0772.435.942
Zemst · Eq €231k
PAV Advisory
BE 0761.563.529
Hove · Eq €231k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 39,246 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2021
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.