SBT Lab
ActiveThe computed 12-month bankruptcy probability of SBT Lab is 2.8% (moderate). The 2024 annual accounts show negative equity (€-2.78M) and a net result of €-1.82M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9016 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
7
/ 100
Critical▼ -19 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+58
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4 against 0.39 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-157.9%
Return on assets
-103.7%
Age of the figures
20 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€2.8M
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
113 d late
2022
23 d late
2021
25 d late
2020
1 d early
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-2.78M▼ 191%
2023 · €-954k
2019: €857
2020: €436k
2021: €-121k
2022: €-873k
2023: €-954k
2019 → 2024
Total assets
€1.76M▼ 30.5%
2023 · €2.53M
2019: €5k
2020: €2.93M
2021: €2.05M
2022: €2.16M
2023: €2.53M
2019 → 2024
Net result
€-1.82M▼ 2,151%
2023 · €-81k
2019: €-5k
2020: €-148k
2021: €-557k
2022: €-751k
2023: €-81k
2019 → 2024
Working capital
€-1.87M▼ 51.7%
2023 · €-1.23M
2019: €857
2020: €84k
2021: €-97k
2022: €-990k
2023: €-1.23M
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€436k-€-121k€-873k▼ 619%€-954k▼ 9.3%€-2.78M▼ 191%
Operating result€-147k-€-546k▼ 272%€-728k▼ 33.4%€-73k▲ 90.0%€-1.80M▼ 2,362%
Net result€-148k-€-557k▼ 277%€-751k▼ 34.9%€-81k▲ 89.2%€-1.82M▼ 2,151%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.80M in 2024 against €73k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.76M
Fixed assets
€519k▼ 70.4%
Current assets
€1.24M▲ 59.4%
Key figures and ratios
EBITDA
€-1.53M▼
2023 · €171k
Cash flow
€-1.55M▼
2023 · €163k
Solvency
-157.9%▼
2023 · -37.7%
Current ratio
0.40▲
2023 · 0.39
Quick ratio
0.20▲
2023 · 0.17
Debt / equity
-1.63▲
2023 · -3.65
ROE
65.7%▲
2023 · 8.5%
ROA
-103.7%▼
2023 · -3.2%
Interest coverage
-59.23▼
2023 · 20.18
Debt
€4.54M▲
2023 · €3.48M
Debt ≤ 1 year
€3.11M▲
2023 · €2.01M
Debt > 1 year
€1.42M▼
2023 · €1.47M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.53M€1.76M▼
Fixed assets21/28€1.75M€519k▼
Intangible fixed assets21€1.75M€516k▼
Tangible fixed assets22/27-€3k
Furniture and vehicles24-€3k
Current assets29/58€778k€1.24M▲
Stocks and contracts in progress3€438k€607k▲
Stocks30/36€438k€607k▲
Amounts receivable within one year40/41€336k€631k▲
Trade receivables40€162k€149k▼
Other amounts receivable41€173k€482k▲
Cash at bank and in hand54/58€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€2.53M€1.76M▼
Equity10/15€-954k€-2.78M▼
Contributions10/11€589k€589k=
Profit (loss) carried forward14€-1.54M€-3.37M▼
Amounts payable17/49€3.48M€4.54M▲
Amounts payable after more than one year17€1.47M€1.42M▼
Financial debts170/4€86k€37k▼
Other amounts payable178/9€1.39M€1.39M=
Amounts payable within one year42/48€2.01M€3.11M▲
Current portion of amounts payable after more than one year42€51k€52k▲
Trade debts44€784k€938k▲
Suppliers440/4€784k€938k▲
Taxes, remuneration and social security45€55k€73k▲
Taxes450/3€55k€73k▲
Other amounts payable47/48€1.12M€2.05M▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€244k€270k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€0▲
Other operating charges640/8€2k€22k▲
Non-recurring operating charges66A-€1.06M
Gross operating margin9900€170k€-450k▼
Operating profit (loss)9901€-73k€-1.80M▼
Financial income75/76B€565€2k▲
Recurring financial income75€565€2k▲
Financial charges65/66B€8k€26k▲
Recurring financial charges65€8k€26k▲
Profit (loss) for the period before taxes9903€-81k€-1.82M▼
Profit (loss) for the period9904€-81k€-1.82M▼
Profit (loss) for the period to be appropriated9905€-81k€-1.82M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.54M€-3.37M▼
Profit (loss) brought forward from the previous period14P€-1.46M€-1.54M▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 74 days late
2024
31-12
Financial
Weakest financial yearnet €-1.82M
Net result drops to €-1.82M, the lowest in the series.
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 113 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €436k ▲50734%
Equity rises from €857 to €436k.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
Louis Posner
CurrentDirector · since 31-03-2025
31-03-2025
Louis Posner: Appointed as Director
31-03-2025
Louis Posner: Appointed as Daily management
31-03-2025
NV ScarPro: Resigned as Director
31-03-2025
NV ScarPro: Resigned as Daily management
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 2019
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.
Lobulckstraat 39880 AalterGround area
3,793 m²
Building footprint
1,294 m²
Volume, LiDAR
6,336 m³
Parcel 44035B0080/00V002, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SBT Lab
since 20192.291.347.559
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44035B0080/00V002 | Flanders | 3,793 m² | 1 · 1,294 m² | 7.2 m · 2 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
SENITAS
BE 0832.163.493
Diepenbeek · Eq €435k
OneLIFE
BE 0588.983.109
Ottignies-Louvain-la-Neuve · Eq €435k
DIOTIMA
BE 0414.063.504
Braine-le-Château · Eq €435k
PIAZZA
BE 0473.532.521
Lille · Eq €434k
CRISTOM
BE 0874.348.201
Wemmel · Eq €443k
Of 793 companies in sector 46450 we hold annual accounts for 449. 297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2019
Fiscal year end31-12
Activities, NACEBEL
46450Wholesale of perfume and cosmetics
46150Agents in the wholesale of furniture, household goods and hardware
46442Wholesale trade
46460Wholesale of pharmaceutical and medical goods
46900Non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.