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SG PARTNERS

Active
Private limited companyfounded 2018active for 8 yearsAlsembergsesteenweg 688, 1180 Ukkel, BelgiumKBO/BCE: BE 0699.968.232
Summary

SG PARTNERS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,796 and a net result of -€485. Equity has been growing by about 5.9% per year since 2019. Its solvency ranks better than 50% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 16-07-2018 Normal situation
Activity
Agents in the wholesale of furniture, household goods and hardware NACE 46150
Establishment unit
2.281.641.225 1180 Ukkel, since 16-07-2018
Financial year end
31 December
Peppol
Reachable since 09-02-2026

Board and ownership

Board

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€8,931
Turnover
≈ €77,000
estimated
Loss
€485
Equity
€47,796
Total assets
€118,958
Score breakdownraises risk1 of the last 3 accounts lateSize: total assets €118,958Founded in 2018lowers riskLiquidity: current ratio 44.88, cash €22,603Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 49% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Average
Solvency 65-34
equity 40.2% of total assets
Liquidity 74+33
short-term debt 2.2% · cash 19.0%
Profitability 18+7
return on assets -0.4%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 3.0% 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 2.8%▼ -0.2 percentage points vs 04-2025 06-2025: 2.7%▼ -0.1 percentage points vs 05-2025 07-2025: 2.7%● unchanged vs 06-2025 08-2025: 3.3%▲ +0.6 percentage points vs 07-2025 09-2025: 3.7%▲ +0.4 percentage points vs 08-2025 10-2025: 5.1%▲ +1.4 percentage points vs 09-2025 11-2025: 5.3%▲ +0.2 percentage points vs 10-2025 12-2025: 6.2%▲ +0.9 percentage points vs 11-2025 01-2026: 8.4%▲ +2.2 percentage points vs 12-2025 02-2026: 8.4%● unchanged vs 01-2026 03-2026: 8.7%▲ +0.3 percentage points vs 02-2026highest value 04-2026: 8.1%▼ -0.6 percentage points vs 03-2026 05-2026: 8.1%● unchanged vs 04-2026 06-2026: 8.0%▼ -0.1 percentage points vs 05-2026 07-2026: 8.0%● unchanged vs 06-2026 08-2026: 0.6%▼ -7.4 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 44.88 (3.86 in 2023), above the usual 1.5. Short-term debt is 2.2% and cash 19% of total assets. However, 59.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 49% of them on solvency, 78% on liquidity and 21% on profitability.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 44.88, cash €22,603
NBB · annual accounts
raises risk · Size: total assets €118,958
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2018
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 · 6 filings
Deviation from the deadline
2025
18 days early
2023
67 days late
2022
24 days late
2021
31 days late
2020
31 days late
2019
96 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 39 days after the deadline. In the sector (NACE 46), the median for financial year 2023 was 2 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€485 View

Recent changes

  1. · Gazette deed Resignations: Abdelkarim ZELLAT (director) and Zoé Dave (director)Appointment: Rachid ZELLAT (director)
  2. · Gazette deed Appointments: Abdelkarim Zellat (director) and Zoé Dave (director)
  3. · Gazette deed Appointment: ZELLAT Lounès Dalî (statutory director)Resignation: Zellat Abdelkarim (manager) · Reappointment: Zellat Abdelkarim (director)
All 13 events

Comparable companies

These companies have the same main activity as SG PARTNERS: agents in the wholesale of furniture, household goods and hardware (NACE 46150). They are comparable in size and age: total assets between €75,000 and €192,000, founded between 2014 and 2021.

CompanyTotal assetsGross margin
SG PARTNERS Ukkel€118,958€8,931
Elektro Dewulf Knokke-Heist€88,383€17,521
PROMATOME VLAANDEREN Kortrijk€94,093€15,590
NOB'S Ukkel€74,975€16,189
ILKA MEUBLES Schaarbeek€140,349€4,087
Une idée en tête Saint-Ghislain€96,542€9,250
FRAVEL Kortrijk€191,961€14,380
Full comparison

Key facts about SG PARTNERS

What is the company number of SG PARTNERS?
The company number of SG PARTNERS is 0699.968.232. The VAT number is the same number with BE in front: BE 0699.968.232.
Where is SG PARTNERS based?
The registered office is at Alsembergsesteenweg 688, 1180 Ukkel.Company details
What does SG PARTNERS do?
According to the KBO register, the main activity is agents in the wholesale of furniture, household goods and hardware (NACE 46150).
What is the legal form of SG PARTNERS?
The legal form of SG PARTNERS is Private limited company (BV).
When was SG PARTNERS founded?
SG PARTNERS was founded on 16-07-2018.
Is SG PARTNERS still active?
Yes, SG PARTNERS is an active enterprise in the KBO register.
What is the turnover of SG PARTNERS?
The turnover in financial year 2025 is ≈ €77,000. This figure is estimated from the gross margin of €8,931 and 75 comparable companies (NACE 461). It probably lies between €35,000 and €140,000. It is a rough estimate.Financials
Is SG PARTNERS profitable?
In financial year 2025, SG PARTNERS made a loss of €485.
Where can I find the annual accounts of SG PARTNERS?
SG PARTNERS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SG PARTNERS due?
SG PARTNERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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