Financials
- Fiscal year
- 2024
- Turnover
- €34,200
- Loss
- -€4,984
- Solvency
- -45.8%
Turnover▼ 8.1%
Net result
20202024
S.D. Concept
ActiveSummary
The computed 12-month bankruptcy probability of S.D. Concept is 3.9% (moderate). The 2024 annual accounts show negative equity (-€5,242) and a net result of -€4,984. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 9972 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
Size
€34,200turnover 2024
- Equity
- -€5,242
- Loss
- -€4,984
Structure
Accounts 63 d overdue0 of 4 deeds read
Why 46- 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late- Sector Construction of residential and non-residential buildings (NACE 41)+ Size: turnover €34,200, total assets €11,438+ Founded in 2013Show the evidence
Checked score
Score 2024
46
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 9% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0-23
equity -45.8% of total assets
Liquidity
10+3
short-term debt 145.8% · cash 7.6%
Profitability
0-100
return on assets -43.6%
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 5 months
06-2026: 3.8%
07-2026: 4.0%▲ +4.7% vs 06-2026highest value
08-2026: 3.8%▼ -3.1% vs 07-2026
09-2026: 3.6%▼ -7.0% vs 08-2026lowest value
10-2026: 3.9%▲ +9.1% vs 09-2026
- Size: turnover €34,200, total assets €11,438 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late raises the probability
- Founded in 2013 lowers the probability for this profile
- Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
No credit on open account
Liquidity short (current ratio 0.69 against 0.98 in 2023; short-term debt: 145.8% and cash: 7.6% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 3%, liquidity 9%, profitability 5%, growth against the median 19%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€5,242
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
92 d late
2022
60 d late
2021
31 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 61 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €6,120
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- 31-10-2025Annual accounts filed
- 31-10-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 22-11-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.