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SRB

Active
Private limited companyfounded 2021active for 5 yearsElisabethlaan 76, 2600 Antwerpen, BelgiumKBO/BCE: BE 0771.600.653
Summary

SRB has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,713 and a net result of €88,391. Equity is growing by about 9% per year across the filed financial years. Its solvency ranks better than 28% of 13,595 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Agents in the wholesale of timber and building materials
NACE 46130
1 site
Size
€625,114total assets 2025
Equity
€71,713
Profit
€88,391
Turnover not published (micro format)
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Holdings
1
Accounts 66 days early0 of 1 deed read
Why 83raises riskEquity €71,713 (11.5% of total assets)Founded in 2021lowers riskSize: total assets €625,114Figures for financial year 2025 (filed 30-05-2026)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency 36-64
equity 11.5% of total assets
Liquidity 49-42
short-term debt 52.6% · cash 20.6%
Profitability 86-10
return on assets 14.1%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.2 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.57, compared with 4.05 in 2024, below 1; short-term debt: 52.6% and cash: 20.6% of total assets), and 88.5% 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 46, micro): better than 24% on solvency, 49% on liquidity, 81% on profitability and 7% on growth.

The bankruptcy probability was computed on 21-10-2026 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 riskneutral
lowers risk · Size: total assets €625,114
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €71,713 (11.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-05-2026)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
66 days early
2024
26 days late
2023
22 days late
2022
4 days early
← 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 6 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 10 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Equity above €200,000equity €253,353 ▲38.3%

Financials · financial year 2025, micro format

Equity
€71,713▼ 71.7%
2024 · €253,353
Total assets
€625,114▲ 95.7%
2024 · €319,470
Net result
€88,391▲ 25.9%
2024 · €70,213
Working capital
-€139,930
2024 · €141,544
Trend over the years

2022 to 2025, 4 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€105,559 2025 Net result€88,391 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€168,767-€51,584▼ 69.4%€88,172▲ 70.9%€105,559▲ 19.7%
Net result€132,332above the sector's middle half-€49,308above the sector's middle half▼ 62.7%€70,213above the sector's middle half▲ 42.4%€88,391above the sector's middle half▲ 25.9%
Equity€133,832within the sector's middle half-€183,140above the sector's middle half▲ 36.8%€253,353above the sector's middle half▲ 38.3%€71,713within the sector's middle half▼ 71.7%
Total assets€276,818within the sector's middle half-€302,359within the sector's middle half▲ 9.2%€319,470within the sector's middle half▲ 5.7%€625,114above the sector's middle half▲ 95.7%
Debt€142,986-€119,219▼ 16.6%€66,118▼ 44.5%€553,402▲ 737%
Working capital€60,282within the sector's middle half-€90,603within the sector's middle half▲ 50.3%€141,544above the sector's middle half▲ 56.2%-€139,930below the sector's middle half
Solvency48.3%within the sector's middle half-60.6%within the sector's middle half▲ 12.2pp79.3%above the sector's middle half▲ 18.7pp11.5%within the sector's middle half▼ 67.8pp
Current ratio1.86within the sector's middle half-2.23within the sector's middle half▲ 0.374.05above the sector's middle half▲ 1.820.57below the sector's middle half▼ 3.48
Return on assets (ROA)47.8%above the sector's middle half-16.3%above the sector's middle half▼ 31.5pp22.0%above the sector's middle half▲ 5.7pp14.1%above the sector's middle half▼ 7.8pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €625,114
Fixed assets €436,270 ▲ 232%
Current assets €188,844 ▲ 0.5%
Equity and liabilities €625,114
Equity €71,713 ▼ 71.7%
Debt €553,402 ▲ 737%
Debt's share of the balance-sheet total rises from 20.7% to 88.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€107,279▲
2024 · €90,582
Cash flow
€90,112▲
2024 · €72,623
Debt to equity
7.72▲
2024 · 0.26
ROE
123.3%▲
2024 · 27.7%
Interest coverage
22.79▼
2024 · 70.94
Debt ≤ 1 year
€328,774▲
2024 · €46,385
Debt > 1 year
€224,628▲
2024 · €19,733
Income taxes
€32,787▼
2024 · €36,097
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€319,470€625,114▲
Fixed assets21/28€131,541€436,270▲
Tangible fixed assets22/27€3,491€1,770▼
Furniture and vehicles24€3,491€1,770▼
Financial fixed assets28€128,050€434,500▲
Current assets29/58€187,929€188,844▲
Amounts receivable after more than one year29€31,571€32,719▲
Other amounts receivable291€31,571€32,719▲
Amounts receivable within one year40/41€24,121€25,713▲
Trade receivables40€8,297€25,713▲
Other amounts receivable41€15,824-
Cash at bank and in hand54/58€110,988€128,823▲
Deferred charges and accrued income490/1€21,250€1,590▼
Equity and liabilities
Total equity and liabilities10/49€319,470€625,114▲
Equity10/15€253,353€71,713▼
Contributions10/11€1,500€1,500=
Reserves13€251,853€70,213▼
Distributable reserves133€251,853€70,213▼
Amounts payable17/49€66,118€553,402▲
Amounts payable after more than one year17€19,733€224,628▲
Financial debts170/4€19,733€224,628▲
Amounts payable within one year42/48€46,385€328,774▲
Current portion of amounts payable after more than one year42€26,018€56,101▲
Trade debts44€5,529€3,103▼
Suppliers440/4€5,529€3,103▼
Taxes, remuneration and social security45€14,837€48,847▲
Taxes450/3€14,837€48,847▲
Other amounts payable47/48-€220,723
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,410€1,721▼
Other operating charges640/8€847€677▼
Non-recurring operating charges66A€1,713-
Gross operating margin9900€93,142€107,956▲
Operating profit (loss)9901€88,172€105,559▲
Financial income75/76B€19,415€20,327▲
Recurring financial income75€19,415€20,327▲
Financial charges65/66B€1,277€4,708▲
Recurring financial charges65€1,277€4,708▲
Profit (loss) for the period before taxes9903€106,310€121,178▲
Income taxes67/77€36,097€32,787▼
Profit (loss) for the period9904€70,213€88,391▲
Profit (loss) for the period to be appropriated9905€70,213€88,391▲
Appropriation of the result
Profit (loss) to be appropriated9906€70,213€88,391▲
Transfer from equity791/2-€181,640
Transfer to equity691/2€70,213-
To other reserves6921€70,213-
Profit to be distributed694/7-€270,031
Return on contributions (dividend)694-€270,031

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,071€8,434€2,410€1,721▼ 28.6%
Other operating charges640/8€1,658€1,239€847€677▼ 20.1%
Non-recurring operating charges66A--€1,713--
Gross operating margin9900€180,496€61,256€93,142€107,956▲ 15.9%
Operating profit (loss)9901€168,767€51,584€88,172€105,559▲ 19.7%
Financial income75/76B€30,952€18,807€19,415€20,327▲ 4.7%
Recurring financial income75€30,952€18,807€19,415€20,327▲ 4.7%
Financial charges65/66B€2,881€1,335€1,277€4,708▲ 269%
Recurring financial charges65€2,881€1,335€1,277€4,708▲ 269%
Profit (loss) for the period before taxes9903€196,839€69,056€106,310€121,178▲ 14.0%
Income taxes67/77€64,507€19,748€36,097€32,787▼ 9.2%
Profit (loss) for the period9904€132,332€49,308€70,213€88,391▲ 25.9%
Profit (loss) for the period to be appropriated9905€132,332€49,308€70,213€88,391▲ 25.9%
Line2022202320242025Change
Assets
Total assets20/58€276,818€302,359€319,470€625,114▲ 95.7%
Fixed assets21/28€146,721€138,288€131,541€436,270▲ 232%
Tangible fixed assets22/27€18,671€10,238€3,491€1,770▼ 49.3%
Furniture and vehicles24€18,671€10,238€3,491€1,770▼ 49.3%
Financial fixed assets28€128,050€128,050€128,050€434,500▲ 239%
Current assets29/58€130,096€164,071€187,929€188,844▲ 0.5%
Amounts receivable after more than one year29-€18,389€31,571€32,719▲ 3.6%
Other amounts receivable291-€18,389€31,571€32,719▲ 3.6%
Amounts receivable within one year40/41€26,997€22,187€24,121€25,713▲ 6.6%
Trade receivables40€26,997€6,363€8,297€25,713▲ 210%
Other amounts receivable41-€15,824€15,824--
Cash at bank and in hand54/58€80,789€123,495€110,988€128,823▲ 16.1%
Deferred charges and accrued income490/1€22,310-€21,250€1,590▼ 92.5%
Equity and liabilities
Total equity and liabilities10/49€276,818€302,359€319,470€625,114▲ 95.7%
Equity10/15€133,832€183,140€253,353€71,713▼ 71.7%
Contributions10/11€1,500€1,500€1,500€1,500=
Reserves13€132,332€181,640€251,853€70,213▼ 72.1%
Distributable reserves133€132,332€181,640€251,853€70,213▼ 72.1%
Amounts payable17/49€142,986€119,219€66,118€553,402▲ 737%
Amounts payable after more than one year17€73,172€45,751€19,733€224,628▲ 1,038%
Financial debts170/4€73,172€45,751€19,733€224,628▲ 1,038%
Amounts payable within one year42/48€69,814€73,468€46,385€328,774▲ 609%
Current portion of amounts payable after more than one year42€27,404€27,421€26,018€56,101▲ 116%
Trade debts44€4,691€7,819€5,529€3,103▼ 43.9%
Suppliers440/4€4,691€7,819€5,529€3,103▼ 43.9%
Taxes, remuneration and social security45€36,495€38,228€14,837€48,847▲ 229%
Taxes450/3€36,495€38,228€14,837€48,847▲ 229%
Other amounts payable47/48€1,224--€220,723-
Line2022202320242025Change
Profit (loss) for the period9904€132,332€49,308€70,213€88,391▲ 25.9%
+ Depreciation and write-downs630€10,071€8,434€2,410€1,721▼ 28.6%
Operating cash flow (approximation)€142,403€57,742€72,623€90,112▲ 24.1%
Investment in fixed assets (approximation)-€0€4,337-€306,450-
Change in cash-€42,706-€12,507€17,835-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 26-05-2026 2026-00127319
31-12-2024 micro format 26-08-2025 2025-00407343
31-12-2023 micro format 22-08-2024 2024-00360850
31-12-2022 micro format 27-07-2023 2023-00306085

Similar companies · same sector, comparable size

Of the 1,111 active companies whose main activity is agents in the wholesale of timber and building materials (NACE 46130), figures are known for 648. 509 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of SRB and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 1 Gazette act processed.

History

SRB was incorporated on 20 July 2021 as a private limited company.1 Total assets rose from €276,818 in 2022 to €625,114 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
26-05
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
26-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 26 days late
2024
31-12
Financial Equity above €200,000equity €253,353 ▲38.3%
A profit in every financial year since 2022 builds equity to €253,353.
22-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 22 days late
2023
31-12
Financial Weakest financial yearnet €49,308 ▼62.7%
Net result drops to €49,308, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €150,000equity €183,140 ▲36.8%
A profit in every financial year since 2022 builds equity to €183,140.
27-07
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded20-07-2021
Financial year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46150Agents in the wholesale of furniture, household goods and hardware
47526Retail trade
47530Retail trade
47559Retail sale of other household articles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0771600653
Also 9925:BE0771600653
Registered 27-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 21 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
271 m²
Building footprint
99 m²
Building volume
736 m³
Parcel 11303C0206/00G003, Flanders · tallest building 12.2 m. Linked by address, not a title deed.
1 establishment unit
SRB
Elisabethlaan 76, 2600 AntwerpenAgents in the wholesale of timber and building materials
since 2021unit no. 2.319.988.887
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11303C0206/00G003 Flanders 271 m² 1 · 99 m² 12.2 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.