Debts
€308,888 89% of the balance sheet
Suppliers 19%Taxes and wages 20%Other 62%
SR GROUP
Lifetime
7 annual accounts with figures on one time axispeak €79,619 (2025)
€79,619▲ 80.4%
lowest -€25,213 (2019)
€5,588▲ €11,569
peak €39,500 (2023)
€39,107▲ 16.7%
€308,888▲ 39.6%
Board2 names since 2019
1 directorSEDDIK Rachid
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Bankruptcy reversal 17-03Bankruptcy published 11-02Gross margin from €44,144 to €79,619Back to profit: €5,588Equity from €33,519 to €39,107Debts from €221,288 to €308,888
Key points
from the 2025 annual accountsFilings
7 annual accounts 7 late
The 2024 accounts came latest: 56 days after the end of the period.
Position in the sector
11.2%
Lower solvency than 85% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Checked score
51
Fair
Financially stronger than 25% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.8%
01-2025: 2.8%● unchanged vs 12-2024
02-2025: 2.8%● unchanged vs 01-2025
04-2025: 2.6%
05-2025: 2.5%▼ -0.1 percentage points vs 04-2025
06-2025: 2.3%▼ -0.2 percentage points vs 05-2025lowest value
07-2025: 2.4%▲ +0.1 percentage points vs 06-2025
08-2025: 3.0%▲ +0.6 percentage points vs 07-2025
09-2025: 3.2%▲ +0.2 percentage points vs 08-2025
10-2025: 4.0%▲ +0.8 percentage points vs 09-2025
11-2025: 4.0%● unchanged vs 10-2025
12-2025: 4.0%● unchanged vs 11-2025
01-2026: 4.0%● unchanged vs 12-2025
02-2026: 4.0%● unchanged vs 01-2026
03-2026: 4.0%● unchanged vs 02-2026
04-2026: 3.9%▼ -0.1 percentage points vs 03-2026
05-2026: 3.8%▼ -0.1 percentage points vs 04-2026
06-2026: 3.7%▼ -0.1 percentage points vs 05-2026
07-2026: 3.6%▼ -0.1 percentage points vs 06-2026
08-2026: 4.5%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 2.5%▼ -2.0 percentage points vs 08-2026
10-2026: 2.4%▼ -0.1 percentage points vs 09-2026
11-2026: 2.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.13, cash €2,288
lowers risk
Size: total assets €347,995
Calculation
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 43, micro). It does better than 15% of them on solvency, 3% on liquidity, 20% on profitability and 64% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as SR GROUP has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SR GROUP itself: 2.4% within 12 months.
Test of the method
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 3,274 companies, not a prediction for SR GROUP. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions: historical bankruptcy publications
Liquidity is tight, with a current ratio of 1.13 (1.15 in 2024), below the usual 1.5. Short-term debt is 88.8% and cash 0.7% of total assets. 88.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 15%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 days late
2024
56 days late
2023
29 days late
2022
23 days late
2021
19 days late
2020
30 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 9925:BE0719321910
Bankruptcy reversal
French-language Enterprise Court of Brussels · judgment of 27-02-2025 · Bankruptcy
Bankruptcy published
French-language Enterprise Court of Brussels · judgment of 03-02-2025 · Bankruptcy
Transfer of 56 shares from El Mostafa Aissaoui to Seddik Rachid
Resignation: El Mostafa Aissaoui (director) · Director discharge: El Mostafa Aissaoui · Seddik Rachid holds all the shares · General meeting of 01-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SR GROUP Molenbeek-Saint-Jean | €347,995 | €79,619 | 11.2% | - |
| BDP Build Schaerbeek | €382,273 | €76,404 | 65.9% | - |
| GET IT CLEAN Uccle | €336,710 | €97,131 | 47.4% | - |
| IMC SERVICES Schaerbeek | €357,621 | €104,702 | 53.9% | - |
| DG ONE Ixelles | €335,758 | €105,009 | 73.5% | - |
| CSDI Anderlecht | €356,658 | €63,260 | 51.2% | - |
| AB Solutions Brasschaat | €379,414 | €82,651 | 41.7% | - |
These companies have the same main activity as SR GROUP: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €336,000 and €382,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 23-01-2019Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.292.344.9761080 Molenbeek-Saint-Jean, since 23-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 03-04-2026
Annual accounts 2025
- ≈ €400,000estimated
- €347,995▲ 36.6%
- ≈ 1.3 FTEestimated
- Filing
- Filed on 31-08-2026
Insights on SR GROUP
SR GROUP files the micro format. That format states no turnover. The gross margin rose from -€24,940 in 2019 to €79,619 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SR GROUP
- What is the company number of SR GROUP?
- The company number of SR GROUP is 0719.321.910. The VAT number is the same number with BE in front: BE 0719.321.910.
- Where is SR GROUP based?
- The registered office is at Onafhankelijkheidstraat 142, 1080 Molenbeek-Saint-Jean.Company details
- What does SR GROUP do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of SR GROUP?
- SR GROUP is a private limited company (BV).
- When was SR GROUP founded?
- SR GROUP was founded on 23-01-2019.
- Is SR GROUP still active?
- Yes, SR GROUP is an active enterprise in the KBO register.
- What is the turnover of SR GROUP?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €79,619 and 68 comparable companies (NACE 43990). It probably lies between €300,000 and €830,000. In financial year 2023 turnover was €104,443.Financials
- Is SR GROUP profitable?
- In financial year 2025, SR GROUP made a profit of €5,588.
- Where can I find the annual accounts of SR GROUP?
- SR GROUP filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SR GROUP due?
- SR GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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