Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
S.B.G. IMMO from Manage, company number BE0687544215, closed financial year 2025 with a result of € -26,012 after tax. For that financial year S.B.G. IMMO recorded a gross margin of € 70,597 and equity of € -61,842. Compared with financial year 2024, the result moved from € -22,792 to € -26,012. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -61,842
▼ € 26,012 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,012
▼ 14 % more loss than in 2024
Profit after tax over the fiscal year.
€ 928
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -68,042.
People and assets in 2025
€ 400
▼ 59% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 706,309
▼ 7% vs 2024
€ 52,981 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 5,468
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 92,258 | € 71,592 | € 59,519 | € 70,597 | ▲ 19% |
| Profit after taxes | € 15,314 | € -9,580 | € -22,792 | € -26,012 | ▼ € 3,220 |
| Equity | € -3,457 | € -13,038 | € -35,830 | € -61,842 | ▼ € 26,012 |
| Total debts | € 917,290 | € 866,301 | € 823,416 | € 771,477 | ▼ 6% |
| Cash | € 0 | - | - | € 928 | |
| Land & buildings | € 865,744 | € 805,409 | € 739,932 | € 676,325 | ▼ 9% |
| Retained profit | € -9,657 | € -19,238 | € -42,030 | € -68,042 | ▼ € 26,012 |
| Bank debt | € 860,855 | € 809,814 | € 758,525 | € 706,309 | ▼ 7% |
| Balance sheet total | € 913,832 | € 853,263 | € 787,586 | € 709,635 | ▼ 10% |
Key figures of S.B.G. IMMO, 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 S.B.G. IMMO?
What happened at S.B.G. IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,012. filed late Source: NBB ↗
- New establishment in Manage. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,314 profit in 2022 to € 26,012 loss in 2025.
Best year ever: 2022, with € 15,314 profit.
Establishments
Establishment units
Physical locations of this company
Chaussée de Mons 52
7170 Manage
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Centrius société civile d'avocats same network
€ 101,620 gross margin · 2025
Arnaud Soors Avocat same network
€ 455,171 gross margin · 2025
David Blondeel Avocat
€ 780,517 gross margin · 2025
FRANÇOIS CHARLEZ AVOCAT same network
€ 168,267 gross margin · 2025
CENTRIUS IMMO
€ 31,346 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0687.544.215
- VAT number
- BE 0687.544.215
- Registered office
- Chaussée de Mons 52, 7170 Manage
- Names & denominations
- S.B.G. IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2018
- Peppol
- Active · Active since 17 Mar 2026