SG EURO
ActiveSummary
The annual accounts of SG EURO for fiscal year 2024 show a net loss of 56% of the equity at the start of that year. The 2024 annual accounts show equity of €14k and a net result of €-18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 15869 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
41
/ 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
Profitability0▼-60
Solvency40▼-10
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.02 against 1.08 in 2023; short-term debt: 84.9% and cash: 49.4% of total assets), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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 2024Solvency, return and age of the figures
Solvency
15.1%
Return on assets
-19%
Age of the figures
21 mo
raises risk · 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 →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-18k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
44 d early
2022
40 d early
2021
4 d early
2020
292 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€14k▼ 55.7%
2023 · €32k
2018: €15k
2019: €16k
2020: €-25k
2021: €16k
2022: €41k
2023: €32k
2018 → 2024
Total assets
€95k▼ 28.1%
2023 · €132k
2018: €87k
2019: €114k
2020: €91k
2021: €205k
2022: €195k
2023: €132k
2018 → 2024
Net result
€-18k▼ 104%
2023 · €-9k
2018: €-3k
2019: €1k
2020: €-41k
2021: €41k
2022: €25k
2023: €-9k
2018 → 2024
Working capital
€2k▼ 76.2%
2023 · €8k
2018: €7k
2019: €11k
2020: €-53k
2021: €-6k
2022: €1k
2023: €8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-25k-€16k€41k▲ 152%€32k▼ 21.5%€14k▼ 55.7%
Operating result€-23k-€52k€41k▼ 22.0%€-6k€-17k▼ 174%
Net result€-41k-€41k€25k▼ 39.4%€-9k€-18k▼ 104%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2024 against €6k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €95k
Fixed assets
€12k ▼ 48.7%
Current assets
€83k ▼ 23.5%
Equity and liabilities €95k
Equity
€14k ▼ 55.7%
Debt
€81k ▼ 19.1%
Debt's share of the balance-sheet total rises from 75.4% to 84.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2023 · €11k
Cash flow
€-6k▼
2023 · €9k
Current ratio
1.02▼
2023 · 1.08
Quick ratio
0.67▲
2023 · 0.50
Debt to equity
5.60▲
2023 · 3.07
ROE
-125.7%▼
2023 · -27.3%
ROA
-19.0%▼
2023 · -6.7%
Interest coverage
-5.80▼
2023 · 53.09
Debt ≤ 1 year
€81k▼
2023 · €100k
Staff costs
€307k▲
2023 · €283k
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 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€132k€95k▼
Fixed assets21/28€24k€12k▼
Tangible fixed assets22/27€22k€10k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€17k€7k▼
Financial fixed assets28€2k€2k=
Current assets29/58€108k€83k▼
Stocks and contracts in progress3€58k€28k▼
Stocks30/36€58k€28k▼
Amounts receivable within one year40/41€43k€3k▼
Trade receivables40€40k-
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€3k€47k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€132k€95k▼
Equity10/15€32k€14k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€14k€-4k▼
Amounts payable17/49€100k€81k▼
Amounts payable within one year42/48€100k€81k▼
Trade debts44€7k€6k▼
Suppliers440/4€7k€6k▼
Taxes, remuneration and social security45€89k€67k▼
Taxes450/3€28k€13k▼
Remuneration and social security454/9€61k€54k▼
Other amounts payable47/48€4k€7k▲
Income statement
Code20232024
Remuneration, social security and pensions62€283k€307k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€12k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€299k€306k▲
Operating profit (loss)9901€-6k€-17k▼
Financial income75/76B€22-
Recurring financial income75€22-
Financial charges65/66B€215€927▲
Recurring financial charges65€215€927▲
Profit (loss) for the period before taxes9903€-6k€-18k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€-9k€-18k▼
Profit (loss) for the period to be appropriated9905€-9k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-4k▼
Profit (loss) brought forward from the previous period14P€23k€14k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 292 days late
2021
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
2020
31-12
Financial
Weakest financial yearnet €-41k ▼3834%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 85 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2016
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.
Lindenstraat 2982070 Beveren-Kruibeke-ZwijndrechtGround area
9,368 m²
Building footprint
766 m²
Volume, LiDAR
4,991 m³
Parcel 11056B0590/00F002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SG EURO
since 20162.250.702.777
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056B0590/00F002 | Flanders | 9,368 m² | 1 · 766 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
VAN DER AUWERMEULEN
BE 0865.607.115
Wevelgem · Eq €14,472
HEx CONSULTING
BE 0667.642.882
Schaarbeek · Eq €14,260
GDS CONSULT
BE 0837.087.927
Rochefort · Eq €14,258
ALGU 3D Printing
BE 0597.899.882
Assesse · Eq €14,203
OXTRA
BE 0839.180.058
Lubbeek · Eq €14,109
Of 1,075 companies in sector 46140 we hold annual accounts for 644. 306 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
Founded09-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
46649Wholesale of other machinery and equipment
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.