SG CONSULTING
ActiveSG CONSULTING has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113k and a net result of €28k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
90
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97▼-3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 4.47 in 2024), and 43.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
56.6%
Return on assets
14.1%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
61 d late
2022
60 d late
2021
31 d late
2020
29 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€113k▼ 13.2%
2024 · €130k
2018: €49k
2019: €70k
2020: €79k
2021: €87k
2022: €109k
2023: €97k
2024: €130k
2018 → 2025
Total assets
€200k▲ 13.5%
2024 · €176k
2018: €65k
2019: €125k
2020: €132k
2021: €173k
2022: €194k
2023: €153k
2024: €176k
2018 → 2025
Net result
€28k▼ 36.9%
2024 · €45k
2018: €12k
2019: €20k
2020: €9k
2021: €12k
2022: €30k
2023: €-2k
2024: €45k
2018 → 2025
Working capital
€79k▼ 31.6%
2024 · €115k
2018: €41k
2019: €64k
2020: €73k
2021: €31k
2022: €92k
2023: €85k
2024: €115k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€109k▲ 26.0%€97k▼ 11.1%€130k▲ 34.2%€113k▼ 13.2%
Operating result€18k-€47k▲ 159%€-441€68k€44k▼ 35.4%
Net result€12k-€30k▲ 151%€-2k€45k€28k▼ 36.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200k
Fixed assets
€69k▲ 149%
Current assets
€130k▼ 12.0%
Equity and liabilities €200k
Equity
€113k▼ 13.2%
Debt
€87k▲ 89.7%
The debt ratio rises from 26.0% to 43.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€68k▼
2024 · €80k
Cash flow
€52k▼
2024 · €57k
Solvency
56.6%▼
2024 · 74.0%
Current ratio
2.52▼
2024 · 4.47
Quick ratio
2.52▼
2024 · 4.47
Debt / equity
0.77▲
2024 · 0.35
ROE
24.9%▼
2024 · 34.3%
ROA
14.1%▼
2024 · 25.4%
Interest coverage
35.14▼
2024 · 137.67
Debt
€87k▲
2024 · €46k
Debt ≤ 1 year
€52k▲
2024 · €33k
Debt > 1 year
€35k▲
2024 · €13k
Income taxes
€14k▼
2024 · €23k
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€176k€200k▲
Fixed assets21/28€28k€69k▲
Intangible fixed assets21€343€109▼
Tangible fixed assets22/27€27k€69k▲
Plant, machinery and equipment23€7k€5k▼
Leasing and similar rights25-€52k
Other tangible fixed assets26€21k€12k▼
Current assets29/58€148k€130k▼
Amounts receivable within one year40/41€97k€60k▼
Trade receivables40€17k€16k▼
Other amounts receivable41€80k€44k▼
Cash at bank and in hand54/58€52k€68k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€176k€200k▲
Equity10/15€130k€113k▼
Contributions10/11€6k€6k=
Reserves13€122k€104k▼
Distributable reserves133€122k€104k▼
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€46k€87k▲
Amounts payable after more than one year17€13k€35k▲
Financial debts170/4€13k€35k▲
Amounts payable within one year42/48€33k€52k▲
Current portion of amounts payable after more than one year42€8k€26k▲
Trade debts44€3k€951▼
Suppliers440/4€3k€951▼
Taxes, remuneration and social security45€22k€25k▲
Taxes450/3€22k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€24k▲
Other operating charges640/8€642€967▲
Gross operating margin9900€81k€69k▼
Operating profit (loss)9901€68k€44k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€580€2k▲
Recurring financial charges65€580€2k▲
Profit (loss) for the period before taxes9903€67k€42k▼
Income taxes67/77€23k€14k▼
Profit (loss) for the period9904€45k€28k▼
Profit (loss) for the period to be appropriated9905€45k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€31k▼
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer from equity791/2€11k€45k▲
Transfer to equity691/2€45k€28k▼
To other reserves6921€45k€28k▼
Profit to be distributed694/7€11k€45k▲
Return on contributions (dividend)694€11k€45k▲
The notes to these accounts (9 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
31-12
Financial
Equity above €100kEq €130k ▲34.2%
Equity rises from €97k to €130k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-2k ▼107%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Equity above €100kEq €109k ▲26%
5 profitable years in a row build equity to €109k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 29 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 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, Merelbeke-Melle · 1 establishment unit since 2013
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.
Hovenierstraat 99090 Merelbeke-MelleGround area
200 m²
Building footprint
89 m²
Volume, LiDAR
562 m³
Parcel 44402A0534/00L002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SG CONSULTING
since 20132.216.846.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44402A0534/00L002 | Flanders | 200 m² | 1 · 89 m² | 10.2 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
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A WIDE HUB
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FIJNE WIJNE
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't TRAITEURKEN
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Of 2,327 companies in sector 47251 we hold annual accounts for 420. 307 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2013
Fiscal year end31-12
Activities, NACEBEL
47251Retail sale of wines and spirits
46341Wholesale of wines and spirits
47252Retail sale of beverages, general range
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.