Skip to content

SG PARTNER

Active
Private limited companyfounded 199729 yrs activeRue des Cottages 5, 4101 Seraing, BelgiumKBO/BCE: BE 0460.688.533
Summary

The computed 12-month bankruptcy probability of SG PARTNER is 4.8% (elevated). For SG PARTNER, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€2,463) and a net result of -€7,314. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 17995 sector peers (fiscal year 2023). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0▼-85
Growth35=
Track record100
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 2023
Age of the figures
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
6 d early
2021
31 d late
2020
12 d late
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
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

History

SG PARTNER was incorporated on 21 May 1997.1 Revenue fell from EUR 105,883 in 2018 to EUR 12,318 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
€114▼ 99.1%
2020 · €12,318
EBIT margin
-133.5%▼ 264.6pp
2020 · 131.2%
Net result
-€7,314▼ 35.9%
2022 · -€5,382
Working capital
-€2,463
2022 · €4,745
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€9,558▼ 91.0%€12,318▲ 28.9%€114▼ 99.1%
Operating result€237▼ 99.6%€16,155▲ 6,710%-€152-€5,197▼ 3,316%-€6,370▼ 22.6%
Net result€6▼ 100.0%€13,352within the sector's middle half▲ 236,641%-€118within the sector's middle half-€5,382within the sector's middle half▼ 4,469%-€7,314within the sector's middle half▼ 35.9%
EBIT margin2.5%▼ 60.1pp131.2%▲ 128.7pp-133.5%▼ 264.6pp
Equity-€3,001▲ 0.2%€10,351within the sector's middle half€10,233within the sector's middle half▼ 1.1%€4,851within the sector's middle half▼ 52.6%-€2,463within the sector's middle half
Total assets€5,094▼ 40.8%€13,476below the sector's middle half▲ 165%€13,205below the sector's middle half▼ 2.0%€8,049below the sector's middle half▼ 39.0%€2,037below the sector's middle half▼ 74.7%
Debt€8,095▼ 30.3%€3,125▼ 61.4%€2,972▼ 4.9%€3,198▲ 7.6%€4,500▲ 40.7%
Working capital-€3,001▲ 0.2%€9,887within the sector's middle half€9,948within the sector's middle half▲ 0.6%€4,745within the sector's middle half▼ 52.3%-€2,463within the sector's middle half
Solvency-58.9%▼ 24.0pp76.8%above the sector's middle half▲ 135.7pp77.5%above the sector's middle half▲ 0.7pp60.3%above the sector's middle half▼ 17.2pp
Current ratio0.63▼ 0.114.16above the sector's middle half▲ 3.534.35above the sector's middle half▲ 0.182.48above the sector's middle half▼ 1.86
Return on assets (ROA)0.1%▼ 659.2pp99.1%above the sector's middle half▲ 99.0pp-0.9%within the sector's middle half▼ 100.0pp-66.9%below the sector's middle half▼ 66.0pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2019: €237€237Net result 2019: €6€6Operating result 2020: €16,155€16,155Net result 2020: €13,352€13,352Operating result 2021: -€152-€152Net result 2021: -€118-€118Operating result 2022: -€5,197-€5,197Net result 2022: -€5,382-€5,382Operating result 2023: -€6,370-€6,370Net result 2023: -€7,314-€7,31420192020202120222023-€8,000-€6,000-€4,000-€2,000€0Operating result 2021: -€152-€152Net result 2021: -€118-€118Operating result 2022: -€5,197-€5,200Net result 2022: -€5,382-€5,380Operating result 2023: -€6,370-€6,370Net result 2023: -€7,314-€7,310202120222023
The operating result stays negative: a loss of €6,370 in 2023 against €5,197 in 2022; the loss grows and 2023 has the lowest result in the available series.
Key figures and ratios
2023 value · change against 2022
Debt ≤ 1 year
€4,500▲
2022 · €3,198
Ratios withheld: a balance sheet total of €2,037 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€8,049€2,037▼
Formation expenses20€0-
Fixed assets21/28€106-
Tangible fixed assets22/27€106-
Furniture and vehicles24€106-
Current assets29/58€7,943€2,037▼
Amounts receivable within one year40/41€3,240€2,037▼
Other amounts receivable41€3,240€2,037▼
Cash at bank and in hand54/58€4,703-
Equity and liabilities
Total equity and liabilities10/49€8,049€2,037▼
Equity10/15€4,851-€2,463▼
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Profit (loss) carried forward14-€15,609-€22,923▼
Amounts payable17/49€3,198€4,500▲
Amounts payable within one year42/48€3,198€4,500▲
Financial debts43-€630
Credit institutions430/8-€630
Trade debts44€0€1,433▲
Suppliers440/4€0€1,433▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€3,198€2,438▼
Income statement Code20222023
Goods, raw materials, services and sundry goods60/61€5,018-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€179-
Non-recurring operating charges66A-€106
Gross operating margin9900-€5,018-€6,263▼
Operating profit (loss)9901-€5,197-€6,370▼
Financial charges65/66B€185€944▲
Recurring financial charges65€185€944▲
Profit (loss) for the period before taxes9903-€5,382-€7,314▼
Profit (loss) for the period9904-€5,382-€7,314▼
Profit (loss) for the period to be appropriated9905-€5,382-€7,314▼
Appropriation of the result
Profit (loss) to be appropriated9906-€15,609-€22,923▼
Profit (loss) brought forward from the previous period14P-€10,227-€15,609▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70€9,558€12,318€114---
Goods, raw materials, services and sundry goods60/61--€4,087€5,018--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€73€179€179--
Non-recurring operating charges66A----€106-
Gross operating margin9900€1,442€16,293€27-€5,018-€6,263▼ 24.8%
Operating profit (loss)9901€237€16,155-€152-€5,197-€6,370▼ 22.6%
Financial charges65/66B--€163€185€944▲ 410%
Recurring financial charges65€169€577€163€185€944▲ 410%
Profit (loss) for the period before taxes9903€68€15,578-€316-€5,382-€7,314▼ 35.9%
Income taxes67/77€62€2,225-€198---
Profit (loss) for the period9904€6€13,352-€118-€5,382-€7,314▼ 35.9%
Profit (loss) for the period to be appropriated9905€6€13,352-€118-€5,382-€7,314▼ 35.9%
Line20192020202120222023Change
Assets
Total assets20/58€5,094€13,476€13,205€8,049€2,037▼ 74.7%
Formation expenses20€0€0€0€0--
Fixed assets21/28€0€464€285€106--
Tangible fixed assets22/27€0€464€285€106--
Furniture and vehicles24--€285€106--
Financial fixed assets28€0-----
Current assets29/58€5,094€13,011€12,920€7,943€2,037▼ 74.3%
Amounts receivable within one year40/41€3,908€2,318€2,679€3,240€2,037▼ 37.1%
Trade receivables40--€0---
Other amounts receivable41--€2,679€3,240€2,037▼ 37.1%
Cash at bank and in hand54/58€1,186€10,694€10,241€4,703--
Equity and liabilities
Total equity and liabilities10/49€5,094€13,476€13,205€8,049€2,037▼ 74.7%
Equity10/15-€3,001€10,351€10,233€4,851-€2,463▼ 151%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10--€18,600€18,600€18,600=
Issued capital100--€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Legal reserve130--€1,860€1,860€1,860=
Profit (loss) carried forward14-€23,461-€10,109-€10,227-€15,609-€22,923▼ 46.9%
Amounts payable17/49€8,095€3,125€2,972€3,198€4,500▲ 40.7%
Amounts payable within one year42/48€8,095€3,125€2,972€3,198€4,500▲ 40.7%
Financial debts43----€630-
Credit institutions430/8----€630-
Trade debts44€0€84€2,022€0€1,433-
Suppliers440/4--€2,022€0€1,433-
Taxes, remuneration and social security45--€0€0--
Taxes450/3--€0€0--
Other amounts payable47/48--€949€3,198€2,438▼ 23.8%
Line20192020202120222023Change
Profit (loss) for the period9904€6€13,352-€118-€5,382-€7,314▼ 35.9%
+ Depreciation and write-downs630-€73€179€179--
Operating cash flow (approximation)€6€13,425€61-€5,203-€7,314▼ 40.6%
Investment in fixed assets (approximation)--€537€0€0--
Change in cash-€9,507-€453-€5,538--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Weakest financial yearnet -€7,314
Net result drops to -€7,314, the lowest in the series.
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial Liquidity times 7current ratio 4.16
Current ratio from 0.63 to 4.16; short-term debt falls from €8,095 to €3,125.
19-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
17-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
19-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
07-09
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Seraing · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
258 m²
Building footprint
77 m²
Volume, LiDAR
618 m³
Parcel 62058A0152/00A004, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LA VILLA DE BONCELLES
Rue des Cottages 5, 4101 SeraingAgents in the wholesale of industrial machinery, ships and aircraft
since 19972.082.263.762
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62058A0152/00A004 Wallonia 258 m² 1 · 77 m² 8.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 4,945 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-05-1997
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:0460688533
Also 9925:BE0460688533
Registered 28-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.