Equity
Debts exceed assets in financial year 2026.
Debts exceed assets in financial year 2026.
Back in profit in 2026, after a loss of €46,835 in 2025.
The micro format states no turnover.
Of this, €300,547 falls due within a year.
Short-term debts rose from €74,398 to €300,547.
Lower solvency than 95% of companies in construction of buildings. Sector median 52.7% · 343 companies.
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 8% of them on solvency, 5% on liquidity, 49% on profitability and 66% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
In July 2024, 906 companies had the same profile as SLR Build has now. Each dot stands for 3 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SLR Build itself: 3.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 906 companies, not a prediction for SLR Build. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.9 (0.37 in 2025), below 1. Short-term debt is 111.3% and cash 2.9% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 2 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
This company was founded 4 months after the bankruptcy of TOTAL BEAUTY CONCEPT. The annual accounts of both list ERIC BAKKER as director.
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
| Company | ||||
|---|---|---|---|---|
| SLR Build Boortmeerbeek | €269,961 | €12,508 | -13.3% | - |
| GROUP IMMO A&A Zaventem | €297,052 | €15,061 | 20.2% | - |
| CIMINO GIANNI INVEST Sint-Pieters-Leeuw | €272,710 | €14,788 | 20.1% | - |
| MAKYS Evere | €305,965 | €12,333 | 90.3% | - |
| BRUSINVEST Sint-Gillis (bij-Brussel) | €295,209 | €15,042 | 40.0% | - |
| BUSINESS TRADING MANAGEMENT Drogenbos | €322,730 | €15,288 | -1.6% | - |
| Boogaerts Brothers Rotselaar | €337,502 | €15,027 | 58.9% | 0.8 |
These companies have the same main activity as SLR Build: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €273,000 and €338,000, founded between 2020 and 2022.
SLR Build files the micro format. That format states no turnover. The gross margin rose from -€5,344 in 2022 to €12,508 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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