SSB-GROEP

Active

Private limited companyfounded 201412 yrs activeParkstraat(SGW) 21, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0547.667.542

The computed 12-month bankruptcy probability of SSB-GROEP is 2.1% (moderate). The 2024 annual accounts show negative equity (€-23k) and a net result of €-24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36375 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

19 / 100

Critical

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-45

Solvency0▼-29

Growth32▼-46

Track record100

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.77 against 0.68 in 2023; short-term debt: 124.4% and cash: 1.3% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 2024

Solvency, return and age of the figures

Solvency

-59.2%

Return on assets

-61.8%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-23k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

27 d late

2022

30 d late

2021

92 d late

2020

30 d early

2019

123 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-23k

2023 · €994

2018: €-2k 2019: €-5k 2020: €-6k 2021: €-5k 2022: €154 2023: €994

2018 → 2024

Total assets

€38k▲ 39.4%

2023 · €27k

2018: €6k 2019: €8k 2020: €8k 2021: €12k 2022: €21k 2023: €27k

2018 → 2024

Net result

€-24k

2023 · €841

2018: €-2k 2019: €-3k 2020: €-1k 2021: €2k 2022: €5k 2023: €841

2018 → 2024

Working capital

€-11k▼ 28.8%

2023 · €-8k

2018: €-2k 2019: €-5k 2020: €-6k 2021: €-6k 2022: €-11k 2023: €-8k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-6k-€-5k▲ 24.3%€154€994▲ 547%€-23k

Operating result€-1k-€2k€5k▲ 222%€841▼ 83.0%€-24k

Net result€-1k-€2k€5k▲ 222%€841▼ 83.0%€-24k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €24k after €841 in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €38k

95.6%

Fixed assets €2k▼ 82.4%

Current assets €36k▲ 104%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-16k▼

2023 · €8k

Cash flow

€-16k▼

2023 · €8k

Solvency

-59.2%▼

2023 · 3.6%

Current ratio

0.77▲

2023 · 0.68

Quick ratio

0.38▼

2023 · 0.68

Debt / equity

-2.69

ROA

-61.8%▼

2023 · 3.1%

Debt

€61k▲

2023 · €26k

Debt ≤ 1 year

€47k▲

2023 · €26k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€27k€38k▲

Fixed assets21/28€9k€2k▼

Tangible fixed assets22/27€9k€2k▼

Plant, machinery and equipment23€2k€389▼

Furniture and vehicles24€8k€1k▼

Current assets29/58€18k€36k▲

Stocks and contracts in progress3-€18k

Stocks30/36-€18k

Amounts receivable within one year40/41€3k€17k▲

Trade receivables40€2k€17k▲

Other amounts receivable41€545€328▼

Cash at bank and in hand54/58€15k€510▼

Equity and liabilities

Total equity and liabilities10/49€27k€38k▲

Equity10/15€994€-23k▼

Contributions10/11€6k€6k=

Reserves13€1k€1k=

Non-distributable reserves130/1€1k€1k=

Reserves not available under the articles1311€1k€1k=

Profit (loss) carried forward14€-6k€-30k▼

Amounts payable17/49€26k€61k▲

Amounts payable within one year42/48€26k€47k▲

Trade debts44€7k€2k▼

Suppliers440/4€7k€2k▼

Other amounts payable47/48€19k€45k▲

Accrued charges and deferred income492/3-€13k

Income statement Code20232024

Non-recurring operating income76A€9k€6k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲

Other operating charges640/8€3k€2k▼

Non-recurring operating charges66A€4k-

Gross operating margin9900€15k€-13k▼

Operating profit (loss)9901€841€-24k▼

Profit (loss) for the period before taxes9903€841€-24k▼

Profit (loss) for the period9904€841€-24k▼

Profit (loss) for the period to be appropriated9905€841€-24k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-6k€-30k▼

Profit (loss) brought forward from the previous period14P€-6k€-6k=

Transfer to equity691/2€841-

To the legal reserve6920€841-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

31-12

Financial Weakest financial yearnet €-24k ▼2896%

Net result drops to €-24k, the lowest in the series.

27-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 27 days late

2023

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

31-12

Financial Highest result since 2018net €5k ▲222%

Operating result €5k, net result €5k, both a record.

31-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 92 days late

2021

31-12

Financial Back to profitnet €2k

Net result €2k after 3 loss-making years.

01-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

01-12

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 123 days late

2019

26-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 26 days late

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 30 days late

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 29 days late

2016

30-09

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 61 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

10 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, Sint-Gillis-Waas · 1 establishment unit since 2014

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Parkstraat(SGW) 219170 Sint-Gillis-Waas

Ground area

373 m²

Building footprint

138 m²

Volume, LiDAR

924 m³