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SRG

Active
Private limited companyfounded 2023active for 3 yearsWinkel 68, 1780 Wemmel, BelgiumKBO/BCE: BE 0797.609.917
Summary

The computed 12-month bankruptcy probability of SRG is 4.4% (elevated). The 2024 annual accounts show equity of €9,382 and a net result of €7,592. Its solvency ranks better than 19% of 35,978 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Plumbing work
NACE 43221
1 site
Size
€123,558turnover 2024
Equity
€9,382
Profit
€7,592
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.4%
Structure
Accounts 73 days overdue0 of 1 deed read
Why 48raises riskFigures for financial year 2024 (filed 20-08-2025)Founded in 2023Size: turnover €123,558, total assets €55,0161 financial year not filed after the legal deadline; latest accounts 20 days lateShow the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 38% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 42-43
equity 17.1% of total assets
Liquidity 24-57
short-term debt 82.9% · cash 15.8%
Profitability 74-11
return on assets 13.8%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 2.4%▲ +1.1 percentage points vs 08-2025 10-2025: 2.2%▼ -0.2 percentage points vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.3%▲ +0.1 percentage points vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.4%▲ +0.1 percentage points vs 04-2026 06-2026: 2.4%● unchanged vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 2.9%▲ +0.5 percentage points vs 07-2026 09-2026: 3.3%▲ +0.4 percentage points vs 08-2026 10-2026: 4.4%▲ +1.1 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.17, compared with 2.23 in 2023, below the usual 1.5; short-term debt: 82.9% and cash: 15.8% of total assets), and 82.9% 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 43, micro): better than 19% on solvency, 14% on liquidity, 47% on profitability and 70% on growth.

The bankruptcy probability was computed on 12-10-2026 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

Seven signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 20-08-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: turnover €123,558, total assets €55,016
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 20 days late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 35978 sector peers (2024).
NBB · sector comparison
Position among 35978 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 2 filings
Deviation from the deadline
2025
not filed
2024
20 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 25 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Among the weakest 16% on equitysector median €58,303 · 35,995 companies €9,382 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Turnover 20242 financial years filed €123,558 View

By topic

Financials

Financial year
2024
Turnover
€123,558
Profit
€7,592
Solvency
17.1%
Turnover▲ 21.2%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
25-01-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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