SG WORLD
ActiveSummary
SG WORLD has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-235k) and a net result of €-43k. Equity is shrinking by ~63.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.29 in 2024; short-term debt: 362.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 2025Solvency, return and age of the figures
Solvency
-263.8%
Return on assets
-47.9%
Age of the figures
18 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
192021222425
2019 to 2025 · latest year €-235k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2022
30 d late
2021
3 d late
2020
30 d late
2019
57 d early
2018
72 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-43k▲ 45.1%
2024 · €-78k
2019: €-3k
2020: €-13k
2021: €-53k
2022: €-18k
2024: €-78k
2019 → 2025
Working capital
€-249k▼ 19.6%
2024 · €-208k
2019: €90k
2020: €76k
2021: €22k
2022: €-21k
2024: €-208k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€79k-€25k▼ 67.7%€7k▼ 72.3%€-193k€-235k▼ 22.2%
Operating result€-12k-€-52k▼ 345%€-17k▲ 67.2%€-69k▼ 304%€-31k▲ 55.2%
Net result€-13k-€-53k▼ 303%€-18k▲ 65.6%€-78k▼ 324%€-43k▲ 45.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €69k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€15k ▼ 11.8%
Current assets
€74k ▼ 11.9%
Key figures and ratios
EBITDA
€-29k
Cash flow
€-41k
Solvency
-263.8%▼
2024 · -190.2%
Current ratio
0.23▼
2024 · 0.29
Debt to equity
-1.38▲
2024 · -1.53
ROA
-47.9%▲
2024 · -76.9%
Interest coverage
-2.44
Debt
€325k▲
2024 · €294k
Debt ≤ 1 year
€323k▲
2024 · €293k
Staff costs
€114k▼
2024 · €161k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€101k€89k▼
Fixed assets21/28€17k€15k▼
Intangible fixed assets21€15k€13k▼
Financial fixed assets28€2k€2k=
Current assets29/58€84k€74k▼
Amounts receivable within one year40/41€84k€74k▼
Trade receivables40€39k€29k▼
Other amounts receivable41€45k€45k=
Deferred charges and accrued income490/1€784€194▼
Equity and liabilities
Total equity and liabilities10/49€101k€89k▼
Equity10/15€-193k€-235k▼
Contributions10/11€185k€185k=
Capital10€185k€185k=
Issued capital100€185k€185k=
Reserves13€19k€19k=
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Profit (loss) carried forward14€-396k€-439k▼
Amounts payable17/49€294k€325k▲
Amounts payable within one year42/48€293k€323k▲
Financial debts43€44k€49k▲
Credit institutions430/8€44k€49k▲
Trade debts44€203k€247k▲
Suppliers440/4€203k€247k▲
Advances received on contracts in progress46€150-
Taxes, remuneration and social security45€16k€17k▲
Taxes450/3€2k€17k▲
Remuneration and social security454/9€13k-
Other amounts payable47/48€30k€10k▼
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€161k€114k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k-
Other operating charges640/8€400€678▲
Gross operating margin9900€98k€86k▼
Operating profit (loss)9901€-69k€-31k▲
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€-78k€-43k▲
Income taxes67/77€402-
Profit (loss) for the period9904€-78k€-43k▲
Profit (loss) for the period to be appropriated9905€-78k€-43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-396k€-439k▼
Profit (loss) brought forward from the previous period14P€-318k€-396k▼
The notes to these accounts (6 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Weakest financial yearnet €-78k
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
08-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Watermaal-Bosvoorde · 1 establishment unit since 1965
Ground area
2.2 ha
Building footprint
1,610 m²
Volume, LiDAR
22,368 m³
2 parcels, Brussels · tallest building 40.7 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
SBS EUROPE
since 19652.000.572.144
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0214/00F000 | Brussels | 1.4 ha | 1 · 398 m² | 40.7 m · 12 fl. |
| 21819A0044/00N000 | Brussels | 7,986 m² | 1 · 1,212 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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CSJ COMPUTERS
BE 0475.904.467
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SMARTPHONE FIX
BE 0799.904.956
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ESCAPE
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Of 2,122 companies in sector 46500 we hold annual accounts for 1,403. 366 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-03
Activities, NACEBEL 2025
46492Wholesale trade
46500Wholesale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.