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SBTheChange

Active
Private limited companyfounded 20224 yrs activeRue du Coin de Terre 17, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0785.412.562
Summary

SBTheChange has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€16,014) and a net result of -€19,411. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4059 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
SBTheChangeActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Other professional, scientific and technical activities
NACE 74999NACE 74909
1 site
Size
€4,205total assets 2025
Equity
-€16,014
Loss
-€19,411
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Accounts 18 d early0 of 1 deed read
Why 53Capped at 59: negative equity- Negative equity -€16,014+ Size: total assets €4,205+ Sector Other professional, scientific and technical activities (NACE 74)+ Liquidity: current ratio 0.20, cash €1,637, halvedShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 11% of its sector peers (NACE 74, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-44
equity -380.9% of total assets
Liquidity 49-7
short-term debt 480.9% · cash 38.9%
Profitability 0-100
return on assets -461.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,346 companies)
Last 24 months 11-2024: 0.4%highest value 12-2024: 0.4%▼ -3.1% vs 11-2024 01-2025: 0.4%▼ -1.2% vs 12-2024 02-2025: 0.4%● 0.0% vs 01-2025 03-2025: 0.4%▼ -1.3% vs 02-2025 04-2025: 0.4%● 0.0% vs 03-2025 05-2025: 0.4%▲ +3.5% vs 04-2025 06-2025: 0.4%▼ -0.2% vs 05-2025 07-2025: 0.2%▼ -60.0% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.1%▼ -30.7% vs 12-2025 02-2026: 0.1%▼ -4.4% vs 01-2026lowest value 03-2026: 0.1%▲ +3.7% vs 02-2026 04-2026: 0.1%▲ +7.1% vs 03-2026 05-2026: 0.1%▲ +11.7% vs 04-2026 06-2026: 0.1%▲ +5.2% vs 05-2026 07-2026: 0.1%▲ +4.3% vs 06-2026 08-2026: 0.3%▲ +135% vs 07-2026 09-2026: 0.3%● 0.0% vs 08-2026 10-2026: 0.3%● 0.0% vs 09-2026
  • Size: total assets €4,205 lowers the probability for this profile
  • Sector Other professional, scientific and technical activities (NACE 74) lowers the probability
  • Negative equity -€16,014 raises the probability
  • Liquidity: current ratio 0.20, cash €1,637, halved lowers the probability
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 74, micro). Better than this share of them on solvency 6%, liquidity 32%, profitability 7%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €4,205
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Other professional, scientific and technical activities (NACE 74)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Negative equity -€16,014
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.20, cash €1,637, halved
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€16,014
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
18 d early
2024
42 d early
2023
9 d late
2022
32 d early
← 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 21 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 6 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €11,944

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€16,014 View
  • Caution: Among the weakest 5% on solvencysector median 50.2% · 4,059 companies -380.9% View
  • Total assets 20254 fiscal years filed €4,205 View

By topic

Financials

Fiscal year
2025
Total assets
€4,205
Loss
-€19,411
Solvency
-380.9%
Total assets▼ 76.6%
Net result
20222025
Go to Financials

Timeline

Events
7
Since
2023
Next accounts
by 31-07-2027
  1. 13-07-2026Annual accounts filed
  2. 19-06-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other professional, scientific and technical activitiesNACE 74999
Founded
26-04-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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