SRB2
ActiveSummary
SRB2 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-104k) and a net result of €-37k. Equity is shrinking by ~105.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98 against 0.54 in 2024; short-term debt: 57% and cash: 17.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-128.8%
Return on assets
-45.8%
Age of the figures
9 mo
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 €-104k
neutral · Filed after the deadline
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. 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 · 4 filingsDeviation from the deadline
2025
21 d late
2024
on the day
2023
6 d early
2022
16 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€20k
EBIT margin
-330.4%
Net result
€-37k▲ 44.9%
2024 · €-67k
2022: €-460highest in 4 years
2023: €-1k▼ -214% vs 2022
2024: €-67k▼ -4544% vs 2023lowest in 4 years
2025: €-37k▲ +44.9% vs 2024
2022 → 2025
Working capital
€-843▲ 95.8%
2024 · €-20k
2022: €152highest in 4 years
2023: €-818▼ -640% vs 2022
2024: €-20k▼ -2326% vs 2023lowest in 4 years
2025: €-843▲ +95.8% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€20k
Equity€2k-€96▼ 93.8%€-67k€-104k▼ 55.2%
2022: €2khighest in 4 years
2023: €96▼ -93.8% vs 2022
2024: €-67k▼ -70078% vs 2023
2025: €-104k▼ -55.2% vs 2024lowest in 4 years
Operating result€-460-€-1k▼ 205%€-66k▼ 4,602%€-34k▲ 48.2%
2022: €-460highest in 4 years
2023: €-1k▼ -205% vs 2022
2024: €-66k▼ -4602% vs 2023lowest in 4 years
2025: €-34k▲ +48.2% vs 2024
Net result€-460-€-1k▼ 214%€-67k▼ 4,544%€-37k▲ 44.9%
2022: €-460highest in 4 years
2023: €-1k▼ -214% vs 2022
2024: €-67k▼ -4544% vs 2023lowest in 4 years
2025: €-37k▲ +44.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2025 against €66k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€35k ▼ 27.0%
Current assets
€45k ▲ 96.1%
Key figures and ratios
EBITDA
€-21k▲
2024 · €-62k
Cash flow
€-24k▲
2024 · €-63k
Solvency
-128.8%▼
2024 · -93.2%
Current ratio
0.98▲
2024 · 0.54
Debt to equity
-1.78▲
2024 · -2.07
ROA
-45.8%▲
2024 · -93.3%
Interest coverage
-7.62▲
2024 · -62.18
Debt
€185k▲
2024 · €139k
Debt ≤ 1 year
€46k▲
2024 · €43k
Debt > 1 year
€139k▲
2024 · €96k
Staff costs
€43k▲
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€72k€81k▲
Formation expenses20€625€336▼
Fixed assets21/28€48k€35k▼
Tangible fixed assets22/27€48k€35k▼
Furniture and vehicles24€48k€35k▼
Current assets29/58€23k€45k▲
Amounts receivable within one year40/41€19k€29k▲
Trade receivables40€13k€25k▲
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€2k€14k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€72k€81k▲
Equity10/15€-67k€-104k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-69k€-106k▼
Amounts payable17/49€139k€185k▲
Amounts payable after more than one year17€96k€139k▲
Financial debts170/4€96k€139k▲
Amounts payable within one year42/48€43k€46k▲
Trade debts44€864€6k▲
Suppliers440/4€864€6k▲
Taxes, remuneration and social security45€39k€40k▲
Taxes450/3-€6k
Remuneration and social security454/9€39k€34k▼
Other amounts payable47/48€3k-
Income statement
Code20242025
Turnover70€20k-
Non-recurring operating income76A€12k-
Goods, raw materials, services and sundry goods60/61€60k-
Remuneration, social security and pensions62€34k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€13k▲
Other operating charges640/8€64€541▲
Gross operating margin9900€-28k€22k▲
Operating profit (loss)9901€-66k€-34k▲
Financial charges65/66B€997€3k▲
Recurring financial charges65€997€3k▲
Profit (loss) for the period before taxes9903€-67k€-37k▲
Profit (loss) for the period9904€-67k€-37k▲
Profit (loss) for the period to be appropriated9905€-67k€-37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-106k▼
Profit (loss) brought forward from the previous period14P€-2k€-69k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €20k | - | - |
| Non-recurring operating income76A | - | - | €12k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €449 | €1k | €60k | - | - |
| Remuneration, social security and pensions62 | - | - | €34k | €43k | ▲ 26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12 | €231 | €4k | €13k | ▲ 226% |
| Other operating charges640/8 | - | €64 | €64 | €541 | ▲ 748% |
| Gross operating margin9900 | €-449 | €-1k | €-28k | €22k | ▲ 179% |
| Operating profit (loss)9901 | €-460 | €-1k | €-66k | €-34k | ▲ 48.2% |
| Financial charges65/66B | - | €39 | €997 | €3k | ▲ 175% |
| Recurring financial charges65 | - | €39 | €997 | €3k | ▲ 175% |
| Profit (loss) for the period before taxes9903 | €-460 | €-1k | €-67k | €-37k | ▲ 44.9% |
| Profit (loss) for the period9904 | €-460 | €-1k | €-67k | €-37k | ▲ 44.9% |
| Profit (loss) for the period to be appropriated9905 | €-460 | €-1k | €-67k | €-37k | ▲ 44.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3k | €2k | €72k | €81k | ▲ 12.3% |
| Formation expenses20 | €1k | €914 | €625 | €336 | ▼ 46.3% |
| Fixed assets21/28 | - | - | €48k | €35k | ▼ 27.0% |
| Tangible fixed assets22/27 | - | - | €48k | €35k | ▼ 27.0% |
| Furniture and vehicles24 | - | - | €48k | €35k | ▼ 27.0% |
| Current assets29/58 | €2k | €982 | €23k | €45k | ▲ 96.1% |
| Amounts receivable within one year40/41 | - | €395 | €19k | €29k | ▲ 51.5% |
| Trade receivables40 | - | - | €13k | €25k | ▲ 92.3% |
| Other amounts receivable41 | - | €395 | €6k | €4k | ▼ 36.7% |
| Cash at bank and in hand54/58 | €2k | €408 | €2k | €14k | ▲ 761% |
| Deferred charges and accrued income490/1 | - | €178 | €2k | €2k | ▲ 3.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3k | €2k | €72k | €81k | ▲ 12.3% |
| Equity10/15 | €2k | €96 | €-67k | €-104k | ▼ 55.2% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-460 | €-2k | €-69k | €-106k | ▼ 53.6% |
| Amounts payable17/49 | €2k | €2k | €139k | €185k | ▲ 33.0% |
| Amounts payable after more than one year17 | - | - | €96k | €139k | ▲ 44.5% |
| Financial debts170/4 | - | - | €96k | €139k | ▲ 44.5% |
| Amounts payable within one year42/48 | €2k | €2k | €43k | €46k | ▲ 7.3% |
| Trade debts44 | €2k | €0 | €864 | €6k | ▲ 595% |
| Suppliers440/4 | €2k | €0 | €864 | €6k | ▲ 595% |
| Taxes, remuneration and social security45 | - | - | €39k | €40k | ▲ 3.3% |
| Taxes450/3 | - | - | - | €6k | - |
| Remuneration and social security454/9 | - | - | €39k | €34k | ▼ 11.3% |
| Other amounts payable47/48 | - | €2k | €3k | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-460 | €-1k | €-67k | €-37k | ▲ 44.9% |
| + Depreciation and write-downs630 | €12 | €231 | €4k | €13k | ▲ 226% |
| Operating cash flow (approximation) | €-449 | €-1k | €-63k | €-24k | ▲ 62.4% |
| Investment in fixed assets (approximation) | - | - | - | €-289 | - |
| Change in cash | - | €-2k | €1k | €12k | ▲ 921% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blégny · 1 establishment unit since 2022
Ground area
1,930 m²
Building footprint
1,147 m²
Volume, LiDAR
6,039 m³
Parcel 62010F0032/00T000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
SRB2
since 20222.341.430.936
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62010F0032/00T000 | Wallonia | 1,930 m² | 1 · 1,147 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 559 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.