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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
SG ELECTRICS from Wommelgem, company number BE0825062105, closed financial year 2024 with a result of € -333,091 after tax. For that financial year SG ELECTRICS recorded a gross margin of € 69,464 and equity of € -232,833. Compared with financial year 2023, the result moved from € -794 to € -333,091. 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 November 26, 2025.
€ -232,833
▼ € 333,091 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -333,091
▼ 41853 % more loss than in 2023
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -246,885.
People and assets in 2024
4.8
▼ 2.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 338,297
▼ 16% vs 2023
€ 70,500 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.
€ 49,920
▼ 35% vs 2023
Of which on lease € 44,982.
Debts at end 2024
€ 307,683
▼ 2% vs 2023
€ 26,084 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 491,028
▲ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 24,912
▼ 25% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 267,732 | € 370,796 | € 463,248 | € 69,464 | ▼ 85% |
| Profit after taxes | € 12,802 | € 13,616 | € -794 | € -333,091 | ▼ € 332,297 |
| Equity | € 122,975 | € 101,052 | € 100,258 | € -232,833 | ▼ € 333,091 |
| Total debts | € 643,687 | € 617,205 | € 755,784 | € 865,434 | ▲ 15% |
| Cash | € 82,114 | € 11,398 | € 31,199 | € 0 | ▼ 100% |
| Land & buildings | € 236,113 | - | - | - | |
| Retained profit | € 102,975 | € 87,000 | € 86,206 | € -246,885 | ▼ € 333,091 |
| Bank debt | € 433,139 | € 345,777 | € 314,653 | € 307,683 | ▼ 2% |
| Balance sheet total | € 767,822 | € 719,030 | € 856,428 | € 632,601 | ▼ 26% |
| Employees (FTE) | 4.8 | 6.3 | 7.4 | 4.8 | ▼ 2.6 |
Key figures of SG ELECTRICS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SG ELECTRICS?
What happened at SG ELECTRICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SG ELECTRICS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 333,091. filed late Source: NBB ↗
- New establishment in Wommelgem. KBO
- Sven Ivette Antonis became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,802 profit in 2021 to € 333,091 loss in 2024.
Paid € 18,161 in corporate taxes since 2021.
Best year ever: 2022, with € 13,616 profit.
On average € 14,500 of value added per employee in 2024.
Management
Behind SG ELECTRICS is Sven Ivette Antonis.
Directors
According to the 2024 annual accounts
Sven Ivette Antonis
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Uilenbaan 88 box 5
2160 Wommelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Domain
Domain
sgelectrics.com
Registered
2012-01-18
Registrar
One.com A/S
Expires
2027-01-18
Website info
Features
Security
Network
Details
- Company number
- 0825.062.105
- VAT number
- BE 0825.062.105
- Registered office
- Uilenbaan 88 bus 5, 2160 Wommelgem
- Names & denominations
- SG ELECTRICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 14 April 2010
- Peppol
- Active · Active since 31 Aug 2023
- Contact
- sgelectrics.com [email protected]
- Activities · NACE
Algemene elektrotechnische installatiewerken
Detailhandel in elektrische huishoudapparaten
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit