SFB GROUP
ActiveThe computed 12-month bankruptcy probability of SFB GROUP is 3.5% (moderate). The 2024 annual accounts show equity of €4k and a net result of €-1k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 6162 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▲+9
Solvency70▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 dateAge against the risk zone
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
44.8%
Return on assets
-11.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
23 d late
2023
41 d early
2022
23 d early
2021
28 d late
2020
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€4k▼ 20.5%
2023 · €5k
2020: €3k
2021: €7k
2022: €8k
2023: €5k
2020 → 2024
Total assets
€9k▼ 1.3%
2023 · €9k
2020: €4k
2021: €13k
2022: €12k
2023: €9k
2020 → 2024
Net result
€-1k▲ 68.8%
2023 · €-3k
2020: €788
2021: €4k
2022: €1k
2023: €-3k
2020 → 2024
Working capital
€4k▼ 18.6%
2023 · €5k
2020: €3k
2021: €6k
2022: €8k
2023: €5k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3k-€7k▲ 145%€8k▲ 19.9%€5k▼ 39.7%€4k▼ 20.5%
Operating result€882-€4k▲ 377%€2k▼ 54.5%€-3k€-1k▲ 67.0%
Net result€788-€4k▲ 415%€1k▼ 66.4%€-3k€-1k▲ 68.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2024 against €3k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €9k
Equity
€4k▼ 20.5%
Debt
€5k▲ 22.8%
The debt ratio rises from 44.3% to 55.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-900▲
2023 · €-3k
Cash flow
€-900▲
2023 · €-3k
Solvency
44.8%▼
2023 · 55.7%
Current ratio
1.81▼
2023 · 2.23
Quick ratio
1.81▼
2023 · 2.23
Debt / equity
1.23▲
2023 · 0.80
ROE
-25.8%▲
2023 · -65.8%
ROA
-11.6%▲
2023 · -36.6%
Debt
€5k▲
2023 · €4k
Debt ≤ 1 year
€5k▲
2023 · €4k
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€9k€9k▼
Fixed assets21/28€115-
Tangible fixed assets22/27€115-
Furniture and vehicles24€115-
Current assets29/58€9k€9k=
Cash at bank and in hand54/58€9k€9k=
Equity and liabilities
Total equity and liabilities10/49€9k€9k▼
Equity10/15€5k€4k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€3k€2k▼
Amounts payable17/49€4k€5k▲
Amounts payable within one year42/48€4k€5k▲
Trade debts44€57-
Suppliers440/4€57-
Taxes, remuneration and social security45€3k€599▼
Taxes450/3€3k€599▼
Other amounts payable47/48€1k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€344€115▼
Gross operating margin9900€-3k€-900▲
Operating profit (loss)9901€-3k€-1k▲
Financial charges65/66B€176-
Recurring financial charges65€176-
Profit (loss) for the period before taxes9903€-3k€-1k▲
Profit (loss) for the period9904€-3k€-1k▲
Profit (loss) for the period to be appropriated9905€-3k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€2k▼
Profit (loss) brought forward from the previous period14P€6k€3k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-3k ▼339%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial
Highest result since 2020net €4k ▲415%
Operating result €4k, net result €4k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
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, Schaarbeek · 1 establishment unit since 2020
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.
Madeliefjesstraat 601030 SchaarbeekGround area
140 m²
Building footprint
88 m²
Volume, LiDAR
1,183 m³
Parcel 21906D0009/00Y000, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SFB GROUP
since 20202.298.444.692
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0009/00Y000 | Brussels | 140 m² | 1 · 88 m² | 18.2 m · 5 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.
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Of 24,858 companies in sector 96220 we hold annual accounts for 1,441. 824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2020
Fiscal year end31-12
Activities, NACEBEL
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.