Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SBQ from Kortrijk, company number BE0866878607, closed financial year 2025 with a result of € -150,800 after tax. For that financial year SBQ recorded a gross margin of € 102,572 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -531,265 to € -150,800. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1.5 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -150,800
▲ 72 % less loss than in 2024
Profit after tax over the fiscal year.
€ 276,714
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 105,851
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.7 million
▼ 24% vs 2024
€ 22,517 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 13,465
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,470
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 290,003 | € 1,485,072 | € -189,964 | € 102,572 | ▲ € 292,536 |
| Profit after taxes | € 163,757 | € 885,331 | € -531,265 | € -150,800 | ▲ € 380,465 |
| Equity | € 1,519,016 | € 2,313,437 | € 1,689,697 | € 1,538,897 | ▼ 9% |
| Total debts | € 4,770,909 | € 4,139,404 | € 8,399,676 | € 6,779,771 | ▼ 19% |
| Cash | € 49,673 | € 271,368 | € 296,223 | € 276,714 | ▼ 7% |
| Retained profit | € 1,500,416 | € 2,294,837 | € 1,671,097 | € 1,520,297 | ▼ 9% |
| Dividend | € 224,107 | € 90,909 | € 92,475 | € 0 | ▼ 100% |
| Bank debt | € 3,960,311 | € 3,567,471 | € 6,102,903 | € 4,657,123 | ▼ 24% |
| Balance sheet total | € 6,289,925 | € 6,452,841 | € 10,089,373 | € 8,318,669 | ▼ 18% |
Key figures of SBQ, 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 SBQ?
What happened at SBQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 150,800. Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- STEFANIE BECU became a director. NBB
In short
From € 163,757 profit in 2022 to € 150,800 loss in 2025.
Paid € 481,869 in corporate taxes since 2022.
Best year ever: 2023, with € 885,331 profit.
Paid out € 407,492 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SBQ is STEFANIE BECU. It owns 50% of Rebast itself.
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 11
8500 Kortrijk
Sparrendreef 85
8300 Knokke-Heist
Active since 1 March 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0866.878.607
- VAT number
- BE 0866.878.607
- Registered office
- Beneluxpark(Kor) 11, 8500 Kortrijk
- Names & denominations
- SBQ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 2004
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed