Financials
- Financial year
- 2025
- Total assets
- €1.5m
- Profit
- €167,362
- Solvency
- 43.9%
SGM
ActiveSummary
SGM has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €673,681 and a net result of €167,362. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 59% of 5,034 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
2 sites
Size
≈ €5.4mturnover 2025, estimated
- Staff
- ≈ 7.3 FTE, estimated
- Equity
- €673,681
- Profit
- €167,362
Turnover estimated from the gross margin
Why 65raises riskLast filed accounts filed 47 days late; 3 of the last 3 lateLiquidity: current ratio 1.64, cash €14,636, halvedFigures for financial year 2025 (filed 20-12-2025)lowers riskSize: total assets €1.5mShow the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 60% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency
69+10
equity 43.9% of total assets
Liquidity
33-1
short-term debt 39.6% · cash 1.0%
Profitability
82-5
return on assets 10.9%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 8.0%
12-2024: 8.8%▲ +0.8 percentage points vs 11-2024highest value
01-2025: 0.7%▼ -8.1 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025lowest value
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.8%▲ +0.1 percentage points vs 08-2025
10-2025: 0.9%▲ +0.1 percentage points vs 09-2025
11-2025: 1.2%▲ +0.3 percentage points vs 10-2025
12-2025: 1.4%▲ +0.2 percentage points vs 11-2025
01-2026: 1.1%▼ -0.3 percentage points vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 0.9%▼ -0.2 percentage points vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.1 percentage points vs 07-2026
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.4%▲ +0.4 percentage points vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.64, compared with 1.37 in 2024, above the usual 1.5; short-term debt: 39.6% and cash: 1% of total assets), but 56.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 59% on solvency, 30% on liquidity, 75% on profitability and 77% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 47 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-12-2025, 47 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
47 days late
2024
53 days late
2023
419 days late
2022
4 days late
2021
368 days late
2020
90 days late
2019
74 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 151 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 23 December (4 of the last 5 filed years within 315 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-03-2026 year end31-10-2026 today31-10-2026 deadline
- Annual accounts filedfinancial year 2025 · full…
- Resignation: BY CORP HOLDING (director)Appointment: HASSOUNI Nabil (director)
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 1 member
- HASSOUNI NabilDirector
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-10-2026
- 23-12-2024Annual accounts filed
- 31-03-2024Highest result from 2019 to 2025
- 31-03-2024Equity above €500,000
Company details
- Sites
- 2
- Legal form
- Private limited company (pre-2019)
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 30-12-2015
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Key facts about SGM
- What is the company number of SGM?
- 0644.990.315. In Belgium the VAT number is the company number with BE in front: BE 0644.990.315.
- Where is SGM based?
- The registered office is at Everardlaan 12, 1190 Vorst.Company details
- What does SGM do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of SGM?
- Private limited company (pre-2019) (BVBA).
- When was SGM founded?
- On 30-12-2015.
- Is SGM still active?
- Yes, SGM is an active enterprise in the KBO register.
- How many employees does SGM have?
- On average 8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of SGM?
- €3.6m in financial year 2023, according to the filed annual accounts.
- Is SGM profitable?
- In financial year 2025, SGM made a profit of €167,362.
- Where can I find the annual accounts of SGM?
- SGM filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SGM due?
- By 31-10-2026, for financial year 2026.Timeline
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