SUPER G
ActiveSummary
SUPER G has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96,417 and a net result of -€16,766. Equity is shrinking by ~16.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 48% of 9354 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▲+25
Solvency55▼-24
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.3 against 24.4 in 2024; short-term debt: 43.5% and cash: 0.1% of total assets), but 70.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
29.7%
Return on assets
-5.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€16,766
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
1 d late
2023
on the day
2022
51 d late
2021
27 d early
2020
27 d late
2019
54 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 1 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€96,417▼ 14.8%
2024 · €113,183
Total assets
€324,863▲ 55.6%
2024 · €208,739
Net result
-€16,766▲ 94.3%
2024 · -€295,957
Working capital
€183,417▼ 8.4%
2024 · €200,183
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,372▲ 95.0%-€1,786▲ 47.1%-€126,981▼ 7,012%-€286,731▼ 126%-€16,120▲ 94.4%
Net result-€39,142below the sector's middle half▲ 59.8%-€29,940below the sector's middle half▲ 23.5%-€165,541below the sector's middle half▼ 453%-€295,957below the sector's middle half▼ 78.8%-€16,766within the sector's middle half▲ 94.3%
Equity€604,621above the sector's middle half▼ 6.1%€574,680above the sector's middle half▼ 5.0%€409,139above the sector's middle half▼ 28.8%€113,183within the sector's middle half▼ 72.3%€96,417within the sector's middle half▼ 14.8%
Total assets€3.1mabove the sector's middle half▼ 6.6%€3.0mabove the sector's middle half▼ 4.2%€1.5mabove the sector's middle half▼ 49.7%€208,739within the sector's middle half▼ 86.2%€324,863below the sector's middle half▲ 55.6%
Debt€2.5m▼ 6.7%€2.4m▼ 4.1%€1.1m▼ 54.6%€95,556▼ 91.3%€228,446▲ 139%
Working capital-€375,691below the sector's middle half=-€384,572below the sector's middle half▼ 2.4%€31,454within the sector's middle half€200,183above the sector's middle half▲ 536%€183,417within the sector's middle half▼ 8.4%
Solvency19.3%within the sector's middle half▲ 0.1pp19.2%within the sector's middle half▼ 0.1pp27.1%within the sector's middle half▲ 7.9pp54.2%within the sector's middle half▲ 27.1pp29.7%within the sector's middle half▼ 24.5pp
Current ratio0.11below the sector's middle half▼ 0.160.08below the sector's middle half▼ 0.041.33within the sector's middle half▲ 1.2524.40above the sector's middle half▲ 23.072.30within the sector's middle half▼ 22.10
Return on assets (ROA)-1.3%within the sector's middle half▲ 1.7pp-1.0%within the sector's middle half▲ 0.3pp-11.0%below the sector's middle half▼ 10.0pp-141.8%below the sector's middle half▼ 130.8pp-5.2%below the sector's middle half▲ 136.6pp
Staff (FTE)2▲ 25.0%2=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +94% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16,120 in 2025 against €286,731 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €324,863
Equity
€96,417 ▼ 14.8%
Debt
€228,446 ▲ 139%
Debt's share of the balance-sheet total rises from 45.8% to 70.3%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
2.37▲
2024 · 0.84
ROE
-17.4%▲
2024 · -261.5%
Debt ≤ 1 year
€141,446▲
2024 · €8,556
Debt > 1 year
€87,000=
2024 · €87,000
Staff costs
€2,484▼
2024 · €17,124
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.5%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,450 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €905 | - |
| Remuneration, social security and pensions62 | €74,846 | €74,847 | €75,938 | €17,124 | €2,484 | ▼ 85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €130,224 | €133,132 | €72,855 | €201 | - | - |
| Other operating charges640/8 | €10,675 | €12,388 | €47,214 | €218,830 | €2,655 | ▼ 98.8% |
| Non-recurring operating charges66A | - | - | €5,822 | - | - | - |
| Gross operating margin9900 | €212,373 | €218,582 | €74,848 | -€50,577 | -€10,982 | ▲ 78.3% |
| Operating profit (loss)9901 | -€3,372 | -€1,786 | -€126,981 | -€286,731 | -€16,120 | ▲ 94.4% |
| Financial income75/76B | €0 | - | €1 | €35 | €300 | ▲ 760% |
| Recurring financial income75 | €0 | - | €1 | €35 | €300 | ▲ 760% |
| Financial charges65/66B | €34,659 | €28,155 | €38,560 | €9,260 | €945 | ▼ 89.8% |
| Recurring financial charges65 | €34,659 | €28,155 | €38,560 | €9,260 | €945 | ▼ 89.8% |
| Profit (loss) for the period before taxes9903 | -€38,031 | -€29,940 | -€165,541 | -€295,957 | -€16,766 | ▲ 94.3% |
| Income taxes67/77 | €1,110 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€39,142 | -€29,940 | -€165,541 | -€295,957 | -€16,766 | ▲ 94.3% |
| Profit (loss) for the period to be appropriated9905 | -€39,142 | -€29,940 | -€165,541 | -€295,957 | -€16,766 | ▲ 94.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.1m | €3.0m | €1.5m | €208,739 | €324,863 | ▲ 55.6% |
| Formation expenses20 | - | - | €0 | - | - | - |
| Fixed assets21/28 | €3.1m | €3.0m | €1.4m | - | - | - |
| Intangible fixed assets21 | €7,119 | €2,465 | - | - | - | - |
| Tangible fixed assets22/27 | €3.1m | €3.0m | €1.4m | - | - | - |
| Land and buildings22 | €3.0m | €2.9m | €1.4m | - | - | - |
| Plant, machinery and equipment23 | €6,674 | €9,029 | - | - | - | - |
| Furniture and vehicles24 | €2,060 | €447 | €201 | - | - | - |
| Leasing and similar rights25 | €24,024 | €12,012 | - | - | - | - |
| Current assets29/58 | €48,105 | €32,179 | €127,892 | €208,739 | €324,863 | ▲ 55.6% |
| Amounts receivable within one year40/41 | €36,299 | €31,006 | €104,869 | €198,452 | €324,627 | ▲ 63.6% |
| Trade receivables40 | €36,299 | €31,006 | €22,859 | - | - | - |
| Other amounts receivable41 | - | - | €82,010 | €198,452 | €324,627 | ▲ 63.6% |
| Cash at bank and in hand54/58 | €5,661 | - | €21,850 | €10,287 | €236 | ▼ 97.7% |
| Deferred charges and accrued income490/1 | €6,145 | €1,172 | €1,172 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.1m | €3.0m | €1.5m | €208,739 | €324,863 | ▲ 55.6% |
| Equity10/15 | €604,621 | €574,680 | €409,139 | €113,183 | €96,417 | ▼ 14.8% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Capital10 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Issued capital100 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €70,000 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Non-distributable reserves130/1 | €70,000 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Legal reserve130 | €70,000 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Profit (loss) carried forward14 | -€765,379 | -€795,320 | -€960,861 | -€1.3m | -€1.3m | ▼ 1.3% |
| Amounts payable17/49 | €2.5m | €2.4m | €1.1m | €95,556 | €228,446 | ▲ 139% |
| Amounts payable after more than one year17 | €2.1m | €2.0m | €1.0m | €87,000 | €87,000 | = |
| Financial debts170/4 | €2.1m | €2.0m | €1.0m | €87,000 | €87,000 | = |
| Amounts payable within one year42/48 | €423,796 | €416,750 | €96,438 | €8,556 | €141,446 | ▲ 1,553% |
| Current portion of amounts payable after more than one year42 | €95,402 | €95,582 | €57,134 | - | - | - |
| Financial debts43 | €24,444 | €18,736 | - | - | - | - |
| Credit institutions430/8 | €24,444 | €18,736 | - | - | - | - |
| Trade debts44 | €50,404 | €79,886 | €20,631 | €8,556 | €11,944 | ▲ 39.6% |
| Suppliers440/4 | €50,404 | €79,886 | €20,631 | €3,892 | €11,944 | ▲ 207% |
| Bills of exchange payable441 | - | - | - | €4,664 | - | - |
| Taxes, remuneration and social security45 | €4,980 | €23,103 | €18,672 | - | - | - |
| Taxes450/3 | €284 | €9,568 | €5,619 | - | - | - |
| Remuneration and social security454/9 | €4,695 | €13,535 | €13,054 | - | - | - |
| Other amounts payable47/48 | €248,567 | €199,443 | - | - | €129,501 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,142 | -€29,940 | -€165,541 | -€295,957 | -€16,766 | ▲ 94.3% |
| + Depreciation and write-downs630 | €130,224 | €133,132 | €72,855 | €201 | - | - |
| Operating cash flow (approximation) | €91,083 | €103,191 | -€92,686 | -€295,756 | -€16,766 | ▲ 94.3% |
| Investment in fixed assets (approximation) | - | -€16,490 | €1.5m | - | - | - |
| Change in cash | - | - | - | -€11,563 | -€10,051 | ▲ 13.1% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Weakest financial yearnet -€295,957
Net result drops to -€295,957, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 18current ratio 24.40
Current ratio from 1.33 to 24.40; short-term debt falls from €96,438 to €8,556.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 17current ratio 1.33
Current ratio from 0.08 to 1.33; short-term debt falls from €416,750 to €96,438.
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
6 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, Hamoir · 1 establishment unit since 1999
Ground area
5,419 m²
Building footprint
1,143 m²
Volume, LiDAR
7,211 m³
2 parcels, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Boulevard Pieret 32, 4180 Hamoir
since 19992.094.841.692
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61024A0769/02B000 | Wallonia | 5,302 m² | 1 · 1,076 m² | 9.2 m · 2 fl. |
| 61024A0181/00A000 | Wallonia | 117 m² | 1 · 68 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IMMO YACO
BE 0871.488.283
Hasselt · Eq €96,566
Q-Motions
BE 1011.060.791
Poperinge · Eq €96,236
IMMO BRIANDA
BE 0589.962.710
Sint-Niklaas · Eq €96,118
TUBARION
BE 0432.185.874
Tubize · Eq €96,778
IMMEDICI
BE 0783.308.652
Lier · Eq €96,794
Of 12,040 companies in sector 68203 we hold annual accounts for 6,007. 3,749 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-09-1999
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77110Renting and leasing of cars and light motor vehicles
77330Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466841501
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.