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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SRB2 from Blégny, company number BE0794538084, closed financial year 2025 with a result of € -36,943 after tax. For that financial year SRB2 recorded a gross margin of € 22,258 and equity of € -103,919. Compared with financial year 2024, the result moved from € -67,072 to € -36,943. 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 August 21, 2026.
€ -103,919
▼ € 36,943 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,943
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 13,774
▲ € 12,174 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -105,919.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 42,628
▲ 26% 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.
€ 35,201
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 138,613
▲ 44% vs 2024
Loans from banks and other lenders, long and short.
€ 6,008
▲ € 5,144 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,009
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 20,000 | - | |
| Gross margin | € -448 | € -1,110 | € -28,114 | € 22,258 | ▲ € 50,371 |
| Profit after taxes | € -460 | € -1,444 | € -67,072 | € -36,943 | ▲ € 30,129 |
| Equity | € 1,540 | € 96 | € -66,976 | € -103,919 | ▼ € 36,943 |
| Total debts | € 1,849 | € 1,800 | € 138,841 | € 184,630 | ▲ 33% |
| Cash | € 2,000 | € 408 | € 1,600 | € 13,774 | ▲ € 12,174 |
| Retained profit | € -460 | € -1,904 | € -68,976 | € -105,919 | ▼ € 36,943 |
| Bank debt | € 0 | € 0 | € 95,948 | € 138,613 | ▲ 44% |
| Balance sheet total | € 3,388 | € 1,896 | € 71,865 | € 80,711 | ▲ 12% |
Key figures of SRB2, 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 SRB2?
What happened at SRB2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,943. filed late Source: NBB ↗
- New establishment in Blégny. KBO
- Philippe Cuvelier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 460 loss in 2022 to € 36,943 loss in 2025.
Management
Behind SRB2 is Philippe Cuvelier.
Directors
According to the 2025 annual accounts
Philippe Cuvelier
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Frumhy 10
4671 Blégny
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.538.084
- VAT number
- BE 0794.538.084
- Registered office
- Rue Frumhy 10, 4671 Blégny
- Names & denominations
- SRB2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2022
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
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