SG GROUP
The computed 12-month bankruptcy probability of SG GROUP is 1.9% (moderate). The 2024 annual accounts show negative equity (€-137k) and a net result of €-98k. Equity is shrinking by ~153.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 52 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-137k |
| Net result | €-98k |
| Better than sector | 12% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -112.9% | 3.8% | |
| Net result | €-98k | €-6k | |
| Equity | €-137k | €2k | |
| Gross operating margin | €-87k | €-2k | |
| Total assets | €121k | €87k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-87k |
| Net profit | €-98k |
| Cash flow | €-89k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €121k |
| Equity | €-137k |
| Debt | €258k |
| of which ≤ 1y | €198k |
| of which > 1y | €60k |
| Working capital | €-109k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.45 |
| Quick ratio | 0.02 |
| Working capital ratio | -90.3% |
| Solvency | -112.9% |
| Debt / equity | -1.89 |
| Long-term debt ratio | -0.44 |
| Interest coverage | -45.83 |
| Gross margin | - |
| Net margin | - |
| ROA | -81.1% |
| ROE | 71.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €121k |
| Fixed assets | 21/28 | €32k |
| Formation expenses | 20 | €501 |
| Intangible fixed assets | 21 | €27k |
| Tangible fixed assets | 22/27 | €1k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €89k |
| Stocks & contracts in progress | 3 | €84k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €77 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €121k |
| Equity | 10/15 | €-137k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-139k |
| Amounts payable | 17/49 | €258k |
| Amounts payable after one year | 17 | €60k |
| Amounts payable within one year | 42/48 | €198k |
| Trade debts payable within one year | 44 | €43k |
| Income statement | ||
| Gross operating margin | 9900 | €-87k |
| Operating result | 9901 | €-96k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-98k |
| Net result for the period | 9904 | €-98k |
| Result to be appropriated | 9905 | €-98k |
| NACE primary | 20420 |
| Legal form | Private limited company(610) |
| Incorporation | 09-03-2022 |
| Status | Active |
| Postal code | 4020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62113B0782/00W002 | Wallonia | 1.1 ha | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-02-2024 Registered office moved from SERAING to LIEGE
- RUE DES COTTAGES 5. 4101 SERAING → Avenue de l'Indépendance, 55 à 4020 LIEGE
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue de l\u0027Ind\u00E9pendance, 55 \u00E0 4020 LIEGE",
"city": "LIEGE",
"region": "waals_gewest",
"street": "Avenue de l\u0027Ind\u00E9pendance",
"country": "BE",
"postcode": "4020",
"box_number": null,
"street_number": "55",
"locality_suffix": null
},
"old_address": {
"raw": "RUE DES COTTAGES 5. 4101 SERAING",
"city": "SERAING",
"region": "waals_gewest",
"street": "RUE DES COTTAGES",
"country": "BE",
"postcode": "4101",
"box_number": null,
"street_number": "5",
"locality_suffix": null
},
"effective_date": "2024-02-14",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de transf\u00E9rer le si\u00E9ge social. Il sera dor\u00E9navant \u00E9tabli",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "LIEGE",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-02-28",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-01-01",
"unanimous": true
},
"subject_company": {
"kbo": "0783.239.762",
"name_full": "SG GROUP",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "IBUNAL DE I\u0027FNIREFRISE DE LIE GE",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Mod DO0 19.01"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SG GROUP |