S.D.A.M.
ActiveS.D.A.M. has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €-450. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+46
Solvency48▼-41
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.71 against 2.6 in 2024; short-term debt: 32.8% and cash: 7.3% of total assets), and 77.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
22.7%
Return on assets
-0.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
30 d early
2023
2 d early
2022
3 d early
2021
31 d early
2020
142 d early
2019
154 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▼ 3.3%
2024 · €14k
2018: €12k
2019: €13k
2020: €22k
2021: €19k
2022: €18k
2023: €15k
2024: €14k
2018 → 2025
Total assets
€58k▲ 170%
2024 · €21k
2018: €30k
2019: €36k
2020: €33k
2021: €28k
2022: €29k
2023: €26k
2024: €21k
2018 → 2025
Net result
€-450▲ 67.4%
2024 · €-1k
2018: €-781
2019: €603
2020: €10k
2021: €-3k
2022: €59
2023: €-3k
2024: €-1k
2018 → 2025
Working capital
€-5k
2024 · €13k
2018: €11k
2019: €16k
2020: €20k
2021: €15k
2022: €15k
2023: €13k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€18k▼ 3.9%€15k▼ 17.9%€14k▼ 9.2%€13k▼ 3.3%
Operating result€-1k-€3k€-3k€-2k▲ 50.2%€1k
Net result€-3k-€59€-3k€-1k▲ 58.0%€-450▲ 67.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€45k▲ 4,075%
Current assets
€14k▼ 33.7%
Equity and liabilities €58k
Equity
€13k▼ 3.3%
Debt
€45k▲ 472%
The debt ratio rises from 36.5% to 77.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €-753
Cash flow
€4k▲
2024 · €-625
Solvency
22.7%▼
2024 · 63.5%
Current ratio
0.71▼
2024 · 2.60
Quick ratio
0.39▼
2024 · 1.65
Debt / equity
3.40▲
2024 · 0.57
ROE
-3.4%▲
2024 · -10.1%
ROA
-0.8%▲
2024 · -6.4%
Interest coverage
4.68▲
2024 · -0.62
Debt
€45k▲
2024 · €8k
Debt ≤ 1 year
€19k▲
2024 · €8k
Debt > 1 year
€26k
Income taxes
€573▲
2024 · €110
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€21k€58k▲
Fixed assets21/28€1k€45k▲
Tangible fixed assets22/27€1k€45k▲
Plant, machinery and equipment23€1k€292▼
Furniture and vehicles24€63€44k▲
Current assets29/58€20k€14k▼
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€4k€4k=
Contracts in progress37€4k€2k▼
Amounts receivable within one year40/41€13k€3k▼
Trade receivables40€255€3k▲
Other amounts receivable41€13k€10▼
Cash at bank and in hand54/58-€4k
Equity and liabilities
Total equity and liabilities10/49€21k€58k▲
Equity10/15€14k€13k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-16k€-17k▼
Amounts payable17/49€8k€45k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€8k€19k▲
Current portion of amounts payable after more than one year42-€8k
Financial debts43€6k-
Credit institutions430/8€6k-
Trade debts44€909€2k▲
Suppliers440/4€909€2k▲
Taxes, remuneration and social security45€781€3k▲
Taxes450/3€781€3k▲
Other amounts payable47/48-€6k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€756€5k▲
Other operating charges640/8€760€847▲
Gross operating margin9900€7€7k▲
Operating profit (loss)9901€-2k€1k▲
Financial income75/76B€1k€16▼
Recurring financial income75€1k€16▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-1k€123▲
Income taxes67/77€110€573▲
Profit (loss) for the period9904€-1k€-450▲
Profit (loss) for the period to be appropriated9905€-1k€-450▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-17k▼
Profit (loss) brought forward from the previous period14P€-15k€-16k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-3k ▼5713%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €59
Net result €59 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €10k ▲1491%
Operating result €12k, net result €10k, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €603
Net result €603 after one loss-making year.
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Balen · 1 establishment unit since 2011
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.
Hooivlasstraat 32490 BalenGround area
594 m²
Building footprint
92 m²
Volume, LiDAR
485 m³
Parcel 13003A1431/00K003, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S.D.A.M.
since 20112.201.105.192
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A1431/00K003 | Flanders | 594 m² | 1 · 92 m² | 7.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 307 EUR awarded · 307 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 60 EUR | 60 EUR |
| 2022 | 1 | 247 EUR | 247 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,866 companies in sector 43341 we hold annual accounts for 2,664. 1,825 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-07-2011
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.