SB AUTOMOBILE

Active

Private limited companyfounded 20206 yrs activeRue de l'Eglise(MOH) 214, 4520 Wanze, BelgiumKBO/BCE: BE 0741.487.596

Summary

The computed 12-month bankruptcy probability of SB AUTOMOBILE is 2.3% (moderate). The 2024 annual accounts show equity of €93k and a net result of €10k. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 15869 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

40 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability67▼-5

Solvency38▲+1

Growth78=

Track record100

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days only on tighter terms

Liquidity tight (current ratio 1.3 against 1.13 in 2023; short-term debt: 76.6% and cash: 0.1% of total assets), and 86.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

13.5%

Return on assets

1.5%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

on the day

2023

27 d late

2022

45 d late

2021

211 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€93k▲ 12.6%

2023 · €82k

2021: €6k 2022: €64k 2023: €82k

2021 → 2024

Total assets

€686k▼ 0.4%

2023 · €689k

2021: €6k 2022: €89k 2023: €689k

2021 → 2024

Net result

€10k▼ 44.0%

2023 · €18k

2021: €-8 2022: €58k 2023: €18k

2021 → 2024

Working capital

€157k▲ 99.7%

2023 · €79k

2022: €61k 2023: €79k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€6k-€64k▲ 964%€82k▲ 29.0%€93k▲ 12.6%

Operating result€-8-€74k€24k▼ 67.3%€13k▼ 46.5%

Net result€-8-€58k€18k▼ 68.0%€10k▼ 44.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 46% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €686k

99.5%

Fixed assets €3k ▼ 4.0%

Current assets €683k ▼ 0.4%

Equity and liabilities €686k

13.5%

86.5%

Equity €93k ▲ 12.6%

Debt €593k ▼ 2.2%

Debt's share of the balance-sheet total falls from 88.1% to 86.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€15k▼

2023 · €26k

Cash flow

€12k▼

2023 · €20k

Current ratio

1.30▲

2023 · 1.13

Quick ratio

0.00▼

2023 · 0.04

Debt to equity

6.41▼

2023 · 7.38

ROE

11.2%▼

2023 · 22.5%

ROA

1.5%▼

2023 · 2.7%

Interest coverage

5.56▼

2023 · 65.02

Debt ≤ 1 year

€526k▼

2023 · €607k

Debt > 1 year

€68k

Staff costs

€16k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines

Balance sheet Code20232024

Assets

Total assets20/58€689k€686k▼

Fixed assets21/28€4k€3k▼

Tangible fixed assets22/27€4k€3k▼

Plant, machinery and equipment23€4k€3k▼

Current assets29/58€685k€683k▼

Stocks and contracts in progress3€659k€681k▲

Stocks30/36€659k€681k▲

Amounts receivable within one year40/41€19€356▲

Other amounts receivable41€19€356▲

Cash at bank and in hand54/58€26k€975▼

Deferred charges and accrued income490/1€593-

Equity and liabilities

Total equity and liabilities10/49€689k€686k▼

Equity10/15€82k€93k▲

Contributions10/11€6k€6k=

Capital10€6k€6k=

Issued capital100€6k€6k=

Profit (loss) carried forward14€76k€87k▲

Amounts payable17/49€607k€593k▼

Amounts payable after more than one year17-€68k

Financial debts170/4-€68k

Amounts payable within one year42/48€607k€526k▼

Current portion of amounts payable after more than one year42-€17k

Trade debts44€7k€13k▲

Suppliers440/4€7k€13k▲

Taxes, remuneration and social security45€26k€7k▼

Taxes450/3€26k€5k▼

Remuneration and social security454/9-€1k

Other amounts payable47/48€574k€489k▼

Income statement Code20232024

Remuneration, social security and pensions62-€16k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲

Gross operating margin9900€26k€31k▲

Operating profit (loss)9901€24k€13k▼

Financial charges65/66B€394€3k▲

Recurring financial charges65€394€3k▲

Profit (loss) for the period before taxes9903€24k€10k▼

Income taxes67/77€5k-

Profit (loss) for the period9904€18k€10k▼

Profit (loss) for the period to be appropriated9905€18k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€76k€87k▲

Profit (loss) brought forward from the previous period14P€58k€76k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

27-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 27 days late

2023

14-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 45 days late

27-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 211 days late

2022

31-12

Financial Back to profitnet €58k

Net result €58k after one loss-making year.

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Wanze · 2 establishment units since 2021

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue de l'Eglise(MOH) 2144520 Wanze

Ground area

4,939 m²

Building footprint

1,446 m²

Volume, LiDAR

6,876 m³

2 parcels, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

SB AUTOMOBILE

Rue de l'Eglise(MOH) 214, 4520 WanzeNACE 45112

since 20212.325.001.809

Rue Batterie 7, 4170 Comblain-au-Pont

NACE 45112

since 20222.376.292.538

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62026K0006/00N000	Wallonia	4,375 m²	1 · 1,356 m²	7.4 m · 2 fl.
61042B0397/00K000	Wallonia	564 m²	1 · 90 m²	9.7 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

SITHO

BE 0679.518.553

Harelbeke · Eq €92,432

Aarschot · Eq €91,982

Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 1,416 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded13-01-2020

Fiscal year end31-12

Activities, NACEBEL 2025

47811Retail sale of cars and light vans (up to 3.5 tonnes)

46180Agents specialised in the wholesale of other particular products

95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)

95316Washing and cleaning of motor vehicles

46720Wholesale of motor vehicle parts and accessories

95314Bodywork repair (including spraying and painting)

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.