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Complete company report
Generated 16-08-2026
Active BE 0799.390.460Private limited company

SG Retail Brussels

Meir 78 ·2000 Antwerpen, Belgium· 3 yrs active
Sector: Detailhandel in huismeubilair (47551)
Conclusion Checked

The computed 12-month bankruptcy probability of SG Retail Brussels is 4.1% (elevated). The 2025 annual accounts show equity of €8k and a net result of €3k. Its solvency ranks better than 20% of 480 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €8k
Net result €3k
Staff (FTE) 4.6
Better than sector 20%
Financial profile 5 of 5 axes measured · computed by Checked
Health38Profitability100Solvency9Growth78Stability94
64 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 38
Profitability 100
Solvency 9
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
4.1% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Multiple establishment units +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
38 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 07-11-2025 with the NBB · fiscal year 2025 · verkort
€-10k€0€10k€20kOperating result 2024: €15k€15kNet result 2024: €-434€-434Operating result 2025: €24k€24kNet result 2025: €3k€3k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 1.3% 21.2%
better than 20% of 480 sector peers
Net result €3k €32k
better than 31% of 478 sector peers
Equity €8k €163k
better than 19% of 480 sector peers
Gross operating margin €241k €281k
better than 45% of 480 sector peers
Staff costs €189k €211k
higher than 46% of 386 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€27k
+60.4% 24-25
Net profit
€3k
- 24-25
Cash flow
€5k
+430.9% 24-25
Total assets
€579k
+21.3% 24-25
Equity
€8k
+69.7% 24-25
Working capital
€-80k
+5.0% 24-25
Employees (FTE)
5
0.0% 24-25
Staff costs
€189k
+19.9% 24-25
Show 10 other metrics
Income taxes
€3k
+165.1% 24-25
Debt
€571k
+20.8% 24-25
Debt ≤ 1y
€566k
+19.7% 24-25
Current ratio
0.86
+4.4% 24-25
Quick ratio
0.62
+9.1% 24-25
Solvency
1.3%
+39.9% 24-25
Debt / equity
73.75
-28.8% 24-25
ROE
41.1%
- 24-25
ROA
0.5%
- 24-25
Interest coverage
0.93
-17.6% 24-25
Figures by fiscal year
Fiscal year2025
Depositverkort
Revenue-
EBITDA€27k
Net profit€3k
Cash flow€5k
Staff costs€189k
Income taxes€3k
Dividends-
Total assets€579k
Equity€8k
Debt€571k
of which ≤ 1y€566k
of which > 1y-
Working capital€-80k
Employees (FTE)4.6
Ratios (computed)
2025
Current ratio0.86
Quick ratio0.62
Working capital ratio-13.7%
Solvency1.3%
Debt / equity73.75
Long-term debt ratio-
Interest coverage0.93
Gross margin-
Net margin-
ROA0.5%
ROE41.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€579k
Fixed assets 21/28€93k
Tangible fixed assets 22/27€10k
Financial fixed assets 28€83k
Current assets 29/58€486k
Stocks & contracts in progress 3€133k
Amounts receivable within one year 40/41€128k
Cash & bank 54/58€187k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€579k
Equity 10/15€8k
Contributions / capital 10/11€5k
Reserves 13€3k
Accumulated profits (losses) 14€0
Amounts payable 17/49€571k
Amounts payable within one year 42/48€566k
Trade debts payable within one year 44€434k
Income statement
Gross operating margin 9900€241k
Operating result 9901€24k
Financial income 75€10k
Financial charges 65€28k
Result before taxes 9903€6k
Income taxes 67/77€3k
Net result for the period 9904€3k
Result to be appropriated 9905€3k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Detailhandel in huismeubilair(47551)
Legal form Private limited company(610)
Incorporation10-03-2023
StatusActive
Postal code2000
Establishment units 4 locations
SG Retail Brussels
Nieuwstraat 123, 1000 BrusselKleinhandel in kantoormaterieel en -meubelen
since 20232.342.684.513
Meir 78, 2000 Antwerpen
Kleinhandel in kantoormaterieel en -meubelen
since 20252.369.403.756
SG Retail Westland
Sylvain Dupuislaan 445, 1070 AnderlechtKleinhandel in kantoormaterieel en -meubelen
since 20252.371.340.093
SG Retail Louvain-la-Neuve
Place de l'Accueil 10, 1348 Ottignies-Louvain-la-NeuveKleinhandel in kantoormaterieel en -meubelen
since 20252.374.009.276
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (25%) Wallonia 1 (25%) Brussels 2 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25386B0123/00V002 Wallonia 2.5 ha 1 · 2.1 ha 24.1 m · 4 fl.
21802B1669/00A000 Brussels 1.6 ha 1 · 1.6 ha 63.3 m · 7 fl.
11803C0320/00E000
ProtectedMonumentStadsfeestzaalSource ↗
 Flanders 8,698 m² 1 · 8,737 m² -
21001A0392/00V000 Brussels 7,228 m² 1 · 1,611 m² 20.4 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
07-11-2025
NBB filing Annual accounts filed
fiscal year 2025 · verkort
11-02-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
29-01-2025
State Gazette act Director changes
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
29-01-2025 Hannes Poelmans appointed as statutory auditor Director changes
  • Hannes Poelmans, Commissaris
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591
Primary activity highlighted.
Names & trade names
Legal nameNL SG Retail Brussels
Registered office
Meir 78 bus 27
2000 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 320 of 2,607 companies in this sector with filed accounts
KAVKAS BE 0770.251.264 · Antwerpen
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CIAVARELLA CUISINES BE 1003.113.226 · Dour
DIJLE TRADE BE 0765.804.409 · Zaventem
MeubleMalin BE 0777.566.153 · Sint-Jans-Molenbeek
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative