Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SBS from Kuurne, company number BE0664599755, closed financial year 2025 with a result of € -5,584 after tax. For that financial year SBS recorded a gross margin of € 152,430 and equity of € 36,662. Compared with financial year 2024, the result moved from € 10,910 to € -5,584. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 27, 2026.
€ 36,662
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,584
▼ still € 10,910 profit in 2024
Profit after tax over the fiscal year.
€ 27,669
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16,202.
People and assets in 2025
1
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 50,917
▼ 34% vs 2024
€ 50,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,507
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 149,338
▼ 27% vs 2024
€ 47,960 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 9,269
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,870
▼ 58% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,168 | € 133,418 | € 156,865 | € 152,430 | ▼ 3% |
| Profit after taxes | € -14,309 | € 25,266 | € 10,910 | € -5,584 | ▼ € 16,494 |
| Equity | € 6,069 | € 31,336 | € 42,246 | € 36,662 | ▼ 13% |
| Total debts | € 237,797 | € 185,437 | € 293,335 | € 234,778 | ▼ 20% |
| Cash | € 14,142 | € 30,188 | € 19,162 | € 27,669 | ▲ 44% |
| Retained profit | € -12,531 | € 10,876 | € 21,786 | € 16,202 | ▼ 26% |
| Bank debt | € 139,687 | € 121,389 | € 203,452 | € 149,338 | ▼ 27% |
| Balance sheet total | € 243,866 | € 216,773 | € 335,581 | € 271,439 | ▼ 19% |
| Employees (FTE) | - | 0.8 | 1.6 | 1 | ▼ 0.6 |
Key figures of SBS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SBS?
What happened at SBS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,584 (▼ € 16,494 vs 2024). Source: NBB ↗
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,309 loss in 2022 to € 5,584 loss in 2025.
Paid € 2,179 in corporate taxes since 2022.
Best year ever: 2023, with € 25,266 profit.
On average € 152,400 of value added per employee in 2025.
Management
Behind SBS is Simon Sioen.
Directors
According to the 2025 annual accounts
Simon Sioen
Director
Establishments
Establishment units
Physical locations of this company
Hulstsestraat 174
8520 Kuurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0664.599.755
- VAT number
- BE 0664.599.755
- Registered office
- Hulstsestraat 174, 8520 Kuurne
- Names & denominations
- SBS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 2016
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
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