Equity
-€103,919
Debts exceed assets in financial year 2025.
SRB2
Lifetime
4 annual accounts with figures on one time axispeak €22,258 (2025)
€22,258▲ €50,371
lowest -€67,072 (2024)
-€36,943▲ €30,129
peak €1,540 (2022)
-€103,919▼ €36,943
€184,630▲ 33.0%
Board1 name since 2022
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from -€28,114 to €22,258Loss of €36,943Registered office moved from Sombreffe to Barchon 05-12Equity from -€66,976 to -€103,919Debts from €138,841 to €184,630Cash from €1,600 to €13,774
Key points
from the 2025 annual accountsLosses
-€105,919 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€184,630 229% of the balance sheet
Financial debts 75%Suppliers 3%Taxes and wages 22%
Of this, €46,017 falls due within a year.
Liquidity
0.98 was 0.54 in 2024
Short-term debts rose from €42,893 to €46,017.
Filings
4 annual accounts 2 late
The 2025 accounts came latest: 21 days after the end of the period.
Position in the sector
-128.8%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 39,364 companies.
Checked score
53
Fair
Financially stronger than 10% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.2%▲ +0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged 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: 1.0%▲ +0.8 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 2.3%▲ +1.3 percentage points vs 12-2025
02-2026: 2.3%● unchanged vs 01-2026
03-2026: 2.3%● unchanged vs 02-2026
04-2026: 2.4%▲ +0.1 percentage points vs 03-2026
05-2026: 2.2%▼ -0.2 percentage points vs 04-2026
06-2026: 2.1%▼ -0.1 percentage points vs 05-2026
07-2026: 2.2%▲ +0.1 percentage points vs 06-2026
08-2026: 2.5%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 1.2%▼ -1.3 percentage points vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
1 change of registered office in 24 months
Negative equity -€103,919
Loss of €36,943, the second in a row (financial year 2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 70, micro). It does better than 3% of them on solvency, 22% on liquidity, 4% on profitability and 12% 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 low class on 30-06-2025, 0.8% 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, 7,639 companies had the same profile as SRB2 has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SRB2 itself is lower: 1.2% within 12 months. It rests on far more data about SRB2 than the profile alone.
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 7,639 companies, not a prediction for SRB2. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.98 (0.54 in 2024), below 1. Short-term debt is 57% and cash 17.1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€103,919
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 4 filingsDeviation from the deadline
2025
21 days late
2024
on the day
2023
6 days early
2022
16 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 8 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 8 August (4 of the last 4 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
Board and ownership
- CUVELIER, Philippe Jean-Marie Christiane Robert 20 sharesdeed of 12-12-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0794538084
Registered office moved from Sombreffe to Barchon
New registered office: 10 Rue Frumhy, 4671 Barchon · Previous registered office: 5b Rue de Wavre, 5140 Sombreffe · General meeting of 04-08-2025 · Gazette deed
Incorporation
Founding capital of €2,000, 20 shares · Founder: CUVELIER, Philippe Jean-Marie Christiane Robert · Appointment: CUVELIER, Philippe Jean-Marie Christiane Robert (director) · published on 12-12-2022 · Gazette deed
First establishment
Rue Frumhy 10, Blegny
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SRB2 Blegny | €80,711 | €22,258 | -128.8% | - |
| EMMUYA Plombières | €82,523 | €23,349 | 43.7% | - |
| LeaLiss Beyne-Heusay | €79,135 | €23,383 | 37.5% | - |
| ACMP Consulting Burdinne | €87,466 | €23,357 | -19.4% | - |
| PASSION FIRST Verviers | €85,182 | €23,548 | 64.9% | - |
| BMACO Sprimont | €86,122 | €24,863 | 76.2% | - |
| LG CONSULTANCE Liège | €70,192 | €23,632 | 4.3% | - |
These companies have the same main activity as SRB2: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €70,200 and €87,500, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 08-12-2022Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.341.430.9364671 Blegny, since 08-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Annual accounts 2025
- ≈ €100,000estimated
- €80,711▲ 12.3%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 21-08-2026
Insights on SRB2
SRB2 files the micro format. That format states no turnover. The gross margin rose from -€449 in 2022 to €22,258 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 SRB2
- What is the company number of SRB2?
- The company number of SRB2 is 0794.538.084. The VAT number is the same number with BE in front: BE 0794.538.084.
- Where is SRB2 based?
- The registered office is at Rue Frumhy 10, 4671 Blegny.Company details
- What does SRB2 do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of SRB2?
- SRB2 is a private limited company (BV).
- When was SRB2 founded?
- SRB2 was founded on 08-12-2022.
- Is SRB2 still active?
- Yes, SRB2 is an active enterprise in the KBO register.
- How many employees does SRB2 have?
- SRB2 had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SRB2 fall under?
- In its 2025 annual accounts, SRB2 states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of SRB2?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €22,258 and 205 comparable companies (NACE 70200). It probably lies between €50,000 and €210,000. It is a rough estimate. In financial year 2024 turnover was €20,000.
- Is SRB2 profitable?
- In financial year 2025, SRB2 made a loss of €36,943.
- Where can I find the annual accounts of SRB2?
- SRB2 filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SRB2 due?
- SRB2 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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