SGM MANAGEMENT

Active

Private limited company (pre-2019)founded 201412 years activeMaurice Lemonnierlaan 165, 1000 Brussel, BelgiumKBO/BCE: BE 0544.757.740

Summary

The computed 12-month bankruptcy probability of SGM MANAGEMENT is 9.8% (elevated). For SGM MANAGEMENT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€163,246) and a net result of €912. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 7% of 14,616 sector peers (NACE 46, fiscal year 2022). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

SGM MANAGEMENTActive

Risk analysis Report Compare

Activity

Agents in non-specialised wholesale trade

NACE 46190

1 site

Size

€111,047total assets 2022

Equity: -€163,246
Profit: €912

Turnover not published (abridged schema)

Financial health

Bankruptcy probabilitywithin 12 months: 9.8%

2022 figures too old to score

Structure

Accounts 799 days overdue0 of 5 deeds read

Signals- Figures for FY 2022 (filed 18-10-2023)- 3 financial years not filed after the legal deadline; latest accounts 74 days late; 3 of the last 3 late- Liquidity: current ratio 0.25, cash €503, halved- Two or more financial years not filed+ Founded in 2014Filed after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 0=

equity -147.0% of total assets

Liquidity 1-1

short-term debt 224.1% · cash 0.5%

Profitability 70+20

return on assets 0.8%

Bankruptcy probability, 12 months

9.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,860 companies)

Last 24 months 11-2024: 4.7%lowest value 12-2024: 6.1%▲ +1.4 percentage points vs 11-2024 01-2025: 8.2%▲ +2.1 percentage points vs 12-2024 02-2025: 8.2%● unchanged vs 01-2025 03-2025: 8.7%▲ +0.5 percentage points vs 02-2025 04-2025: 8.1%▼ -0.6 percentage points vs 03-2025 05-2025: 8.1%● unchanged vs 04-2025 06-2025: 7.9%▼ -0.2 percentage points vs 05-2025 07-2025: 7.9%● unchanged vs 06-2025 08-2025: 10.4%▲ +2.5 percentage points vs 07-2025highest value 09-2025: 10.3%▼ -0.1 percentage points vs 08-2025 10-2025: 10.3%● unchanged vs 09-2025 11-2025: 10.2%▼ -0.1 percentage points vs 10-2025 12-2025: 10.2%● unchanged vs 11-2025 01-2026: 10.2%● unchanged vs 12-2025 02-2026: 10.2%● unchanged vs 01-2026 03-2026: 10.2%● unchanged vs 02-2026 04-2026: 10.2%● unchanged vs 03-2026 05-2026: 10.2%● unchanged vs 04-2026 06-2026: 10.2%● unchanged vs 05-2026 07-2026: 10.2%● unchanged vs 06-2026 08-2026: 9.8%▼ -0.4 percentage points vs 07-2026 09-2026: 9.8%● unchanged vs 08-2026 10-2026: 9.8%● unchanged vs 09-2026

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Signals

Six signals.

−lowers risk+raises risk○neutral

Figures for FY 2022 (filed 18-10-2023)

NBB · annual accounts

3 financial years not filed after the legal deadline; latest accounts 74 days late; 3 of the last 3 late

NBB · filings

Founded in 2014

How long the company has existed counts in the probability; how much depends on the rest of its profile.

KBO

Liquidity: current ratio 0.25, cash €503, halved

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 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 · 8 filings

Position against the passed deadline

31-12-2023 close31-07-2024 deadline08-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-10-2023, 74 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 · 8 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

74 days late

2021

57 days late

2020

31 days late

2019

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 48 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

Checked from 2021 on.

KBO publications · our coverage

13-10-2023 Annual accounts filedfiscal year 2022 · micro…
31-12-2022 Back to profitnet €912
26-09-2022 Annual accounts filedfiscal year 2021 · micro…

Key points

Risk: Accounts not fileddeadline was 31-07-2024 799 days late View
Risk: Negative equityfiscal year 2022: debts exceed assets -€163,246 View
Caution: Among the weakest 5% on equitysector median €54,233 · 14,654 companies -€163,246 View