S & D CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of S & D CONSTRUCT is 1.6% (moderate). The annual accounts of S & D CONSTRUCT for financial year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €42,172 and a net result of -€92,093. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 18% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-09-2015 Normal situation
- Activity
- Joinery installation NACE 43320and 8 others
- Establishment unit
- 2.246.746.365 9890 Gavere, since 22-09-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Board and ownership
Board
- ANTONE Debby AngèleDirector · since 01-01-2017
- VAN LANCKER Svenny RaphaëlDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
Annual accounts 2025
- Gross margin
- €68,288
- ▼ 57.4%
- Turnover
- ≈ €270,000
- estimated
- Loss
- €92,093
- ▲ 249%
- Equity
- €42,172
- ▼ 68.6%
- Total assets
- €274,404
- ▼ 34.3%
- Employees on 31-12-2025
- 1
- ▼ 50.0%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €92,093, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)Equity €42,172 (15.4% of total assets)lowers riskSize: total assets €274,404Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 19% of micro companies in specialised construction (NACE 43)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency
40-17
equity 15.4% of total assets
Liquidity
53-8
short-term debt 12.6% · cash 3.9%
Profitability
0-29
return on assets -33.6%
Bankruptcy probability within 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.5%▼ -0.1 percentage points vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 1.6%▲ +1.0 percentage point vs 07-2026highest value
09-2026: 1.6%● unchanged vs 08-2026highest value
10-2026: 1.6%● unchanged vs 09-2026
11-2026: 1.6%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.37 (2.63 in 2024), below the usual 1.5. Short-term debt is 12.6% and cash 3.9% of total assets. 84.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 18% of them on solvency, 49% on liquidity, 4% on profitability and 6% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€92,093
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 34946 sector peers (2025).
NBB · sector comparisonPosition among 34946 sector peers
Solvency
better than 18%
← 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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 days early
2024
38 days early
2023
36 days early
2022
95 days early
2021
73 days early
2020
25 days early
2019
65 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 20-07-2026 at the NBB all 10 filings
Turnover
≈ €270,000
Estimated: probably between €200,000 and €420,000
Total assets
€274,404▼ 34.3%
2024 · €417,390
Net result
-€92,093▼ 249%
2024 · -€26,399
Working capital
€12,906▼ 85.6%
2024 · €89,513
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€79,182
▼ 371%
2025
20182025
Net result
-€92,093
▼ 249%
2025
lowest quarter of the sector
20182025
Equity
€42,172
▼ 68.6%
2025
middle half of the sector
20182025
Total assets
€274,404
▼ 34.3%
2025
middle half of the sector
20182025
Debt
€232,232
▼ 18.0%
2025
20182025
Working capital
€12,906
▼ 85.6%
2025
middle half of the sector
20182025
Solvency
15.4%
▼ 16.8pp
2025
lowest quarter of the sector
20182025
Current ratio
1.37
▼ 1.25
2025
middle half of the sector
20182025
Return on assets (ROA)
-33.6%
▼ 27.2pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
1.6
▼ 20.0%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€17,808-€83,260€30,727▼ 63.1%€45,248▲ 47.3%€23,228▼ 48.7%€43,983▲ 89.4%-€16,817-€79,182▼ 371%
Net result-€27,817-€60,474€17,359within the sector's middle half▼ 71.3%€27,057within the sector's middle half▲ 55.9%€9,865within the sector's middle half▼ 63.5%€25,847within the sector's middle half▲ 162%-€26,399below the sector's middle half-€92,093below the sector's middle half▼ 249%
Equity€28,085-€86,935▲ 210%€102,694within the sector's middle half▲ 18.1%€128,151above the sector's middle half▲ 24.8%€136,417above the sector's middle half▲ 6.4%€160,664above the sector's middle half▲ 17.8%€134,265within the sector's middle half▼ 16.4%€42,172within the sector's middle half▼ 68.6%
Total assets€429,392-€445,896▲ 3.8%€456,212above the sector's middle half▲ 2.3%€448,338above the sector's middle half▼ 1.7%€445,622above the sector's middle half▼ 0.6%€458,459above the sector's middle half▲ 2.9%€417,390above the sector's middle half▼ 9.0%€274,404within the sector's middle half▼ 34.3%
Debt€401,307-€358,961▼ 10.6%€353,518▼ 1.5%€320,187▼ 9.4%€309,205▼ 3.4%€297,795▼ 3.7%€283,125▼ 4.9%€232,232▼ 18.0%
Working capital-€17,700-€33,898€54,805within the sector's middle half▲ 61.7%€87,198above the sector's middle half▲ 59.1%€104,000above the sector's middle half▲ 19.3%€128,041above the sector's middle half▲ 23.1%€89,513within the sector's middle half▼ 30.1%€12,906within the sector's middle half▼ 85.6%
Solvency6.5%-19.5%▲ 13.0pp22.5%within the sector's middle half▲ 3.0pp28.6%within the sector's middle half▲ 6.1pp30.6%within the sector's middle half▲ 2.0pp35.0%within the sector's middle half▲ 4.4pp32.2%within the sector's middle half▼ 2.9pp15.4%below the sector's middle half▼ 16.8pp
Current ratio0.83-1.41▲ 0.571.70within the sector's middle half▲ 0.302.41within the sector's middle half▲ 0.702.52within the sector's middle half▲ 0.123.47above the sector's middle half▲ 0.952.63within the sector's middle half▼ 0.851.37within the sector's middle half▼ 1.25
Return on assets (ROA)-6.5%-13.6%▲ 20.0pp3.8%within the sector's middle half▼ 9.8pp6.0%within the sector's middle half▲ 2.2pp2.2%within the sector's middle half▼ 3.8pp5.6%within the sector's middle half▲ 3.4pp-6.3%below the sector's middle half▼ 12.0pp-33.6%below the sector's middle half▼ 27.2pp
Staff (FTE)2-2=2within the sector's middle half=2.6▲ 30.0%3▲ 15.4%2.3▼ 23.3%2▼ 13.0%1.6▼ 20.0%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €79,182, larger than the loss of €16,817 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €274,404
Fixed assets
€226,798 ▼ 16.9%
Current assets
€47,605 ▼ 67.1%
Equity and liabilities €274,404
Equity
€42,172 ▼ 68.6%
Debt
€232,232 ▼ 18.0%
Debt's share of the balance-sheet total rises from 67.8% to 84.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€42,790▼
2024 · €20,835
Cash flow
-€55,702▼
2024 · €11,252
Debt to equity
5.51▲
2024 · 2.11
ROE
-218.4%▼
2024 · -19.7%
Interest coverage
-3.39▼
2024 · 2.20
Debt ≤ 1 year
€34,700▼
2024 · €55,060
Debt > 1 year
€197,101▼
2024 · €227,584
Income taxes
€281▲
2024 · €117
Staff costs
€108,842▼
2024 · €137,019
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 2 | 2 | 1 |
| full-time | 3 | 3 | 2 | 2 | 1 |
| in full-time equivalents | 3 | 3 | 2 | 2 | 1 |
| Average over the year, in full-time equivalents | 2.6 | 3 | 2.3 | 2 | 1.6 |
| On a permanent contract | 3 | 3 | 2 | 2 | 1 |
| Joined | 1 | - | 0 | - | 0 |
| Left | 0 | - | 1 | - | 1 |
| Training hours | - | - | 16 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 |
| Carrying value of the mortgaged assets | €265,333 | €243,808 | €226,199 | €204,609 | €183,914 |
| Carrying value of the other pledged assets | €12,483 | €14,799 | €43,277 | €49,399 | €30,601 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,726 | €6,271 | €40,204 | €31,923 | - |
| Depreciation and write-downs of the year | €31,539 | €32,034 | €34,933 | €37,652 | €36,391 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €4,756 | - | €5,685 | - |
| Remuneration, social security and pensions62 | - | - | - | €131,963 | €169,769 | €140,345 | €137,019 | €108,842 | ▼ 20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,688 | €31,192 | €30,383 | €31,539 | €32,034 | €34,933 | €37,652 | €36,391 | ▼ 3.3% |
| Other operating charges640/8 | - | - | - | €2,148 | €2,149 | €2,372 | €2,208 | €2,224 | ▲ 0.7% |
| Non-recurring operating charges66A | - | - | - | €562 | - | - | €66 | €12 | ▼ 81.7% |
| Gross operating margin9900 | €90,478 | €231,641 | €172,002 | €211,460 | €227,181 | €221,634 | €160,127 | €68,288 | ▼ 57.4% |
| Operating profit (loss)9901 | -€17,808 | €83,260 | €30,727 | €45,248 | €23,228 | €43,983 | -€16,817 | -€79,182 | ▼ 371% |
| Financial income75/76B | - | - | - | €121 | €142 | €603 | €26 | €5 | ▼ 80.3% |
| Recurring financial income75 | €44 | €495 | €628 | €121 | €142 | €603 | €26 | €5 | ▼ 80.3% |
| Financial charges65/66B | - | - | - | €7,900 | €9,470 | €8,280 | €9,491 | €12,636 | ▲ 33.1% |
| Recurring financial charges65 | €9,839 | €10,991 | €8,224 | €7,900 | €9,470 | €8,280 | €9,491 | €12,636 | ▲ 33.1% |
| Profit (loss) for the period before taxes9903 | -€27,604 | €72,094 | €23,131 | €37,470 | €13,900 | €36,306 | -€26,282 | -€91,812 | ▼ 249% |
| Income taxes67/77 | €213 | €11,620 | €5,771 | €10,413 | €4,035 | €10,459 | €117 | €281 | ▲ 140% |
| Profit (loss) for the period9904 | -€27,817 | €60,474 | €17,359 | €27,057 | €9,865 | €25,847 | -€26,399 | -€92,093 | ▼ 249% |
| Profit (loss) for the period to be appropriated9905 | -€27,817 | €60,474 | €17,359 | €27,057 | €9,865 | €25,847 | -€26,399 | -€92,093 | ▼ 249% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €429,392 | €445,896 | €456,212 | €448,338 | €445,622 | €458,459 | €417,390 | €274,404 | ▼ 34.3% |
| Fixed assets21/28 | €340,920 | €328,629 | €323,478 | €299,103 | €273,340 | €278,611 | €272,817 | €226,798 | ▼ 16.9% |
| Intangible fixed assets21 | €16,667 | €14,167 | €11,667 | €9,167 | €6,667 | €4,167 | €1,667 | - | - |
| Tangible fixed assets22/27 | €323,988 | €314,198 | €311,546 | €289,671 | €266,408 | €274,179 | €270,885 | €226,533 | ▼ 16.4% |
| Land and buildings22 | - | - | - | €277,817 | €255,628 | €237,357 | €215,105 | €193,748 | ▼ 9.9% |
| Plant, machinery and equipment23 | - | - | - | €10,380 | €6,658 | €3,560 | €14,448 | €10,495 | ▼ 27.4% |
| Furniture and vehicles24 | - | - | - | €1,474 | €4,122 | €33,261 | €41,332 | €22,290 | ▼ 46.1% |
| Financial fixed assets28 | €265 | €265 | €265 | €265 | €265 | €265 | €265 | €265 | = |
| Current assets29/58 | €88,472 | €117,266 | €132,735 | €149,236 | €172,282 | €179,848 | €144,573 | €47,605 | ▼ 67.1% |
| Stocks and contracts in progress3 | €17,291 | €15,457 | €13,305 | €56,566 | €49,517 | €58,973 | €34,609 | - | - |
| Stocks30/36 | - | - | - | €56,566 | €49,517 | €58,973 | €34,609 | - | - |
| Amounts receivable within one year40/41 | €60,544 | €70,863 | €92,069 | €55,442 | €49,725 | €86,992 | €65,008 | €34,904 | ▼ 46.3% |
| Trade receivables40 | - | - | - | €45,887 | €37,518 | €80,093 | €39,158 | €28,679 | ▼ 26.8% |
| Other amounts receivable41 | - | - | - | €9,554 | €12,207 | €6,899 | €25,849 | €6,225 | ▼ 75.9% |
| Cash at bank and in hand54/58 | €8,470 | €22,981 | €24,224 | €35,893 | €71,428 | €32,680 | €43,578 | €10,725 | ▼ 75.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,335 | €1,612 | €1,204 | €1,378 | €1,976 | ▲ 43.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €429,392 | €445,896 | €456,212 | €448,338 | €445,622 | €458,459 | €417,390 | €274,404 | ▼ 34.3% |
| Equity10/15 | €28,085 | €86,935 | €102,694 | €128,151 | €136,417 | €160,664 | €134,265 | €42,172 | ▼ 68.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €49,702 | €80,735 | €96,494 | €121,951 | €130,217 | €154,464 | €154,464 | €154,464 | = |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | - | - | - | - |
| Distributable reserves133 | - | - | - | €120,096 | €128,362 | €154,464 | €154,464 | €154,464 | = |
| Profit (loss) carried forward14 | -€27,817 | - | - | - | - | - | -€26,399 | -€118,492 | ▼ 349% |
| Amounts payable17/49 | €401,307 | €358,961 | €353,518 | €320,187 | €309,205 | €297,795 | €283,125 | €232,232 | ▼ 18.0% |
| Amounts payable after more than one year17 | €295,135 | €273,728 | €274,987 | €257,524 | €240,390 | €245,488 | €227,584 | €197,101 | ▼ 13.4% |
| Financial debts170/4 | - | - | - | €257,524 | €240,390 | €245,488 | €227,584 | €197,101 | ▼ 13.4% |
| Amounts payable within one year42/48 | €106,172 | €83,368 | €77,930 | €62,038 | €68,282 | €51,807 | €55,060 | €34,700 | ▼ 37.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,721 | €20,914 | €26,964 | €34,038 | €28,035 | ▼ 17.6% |
| Financial debts43 | - | - | - | €1,384 | €4,485 | €2,656 | €4,517 | €1,015 | ▼ 77.5% |
| Credit institutions430/8 | - | - | - | €1,384 | €4,485 | €2,656 | €4,517 | €1,015 | ▼ 77.5% |
| Trade debts44 | €61,410 | €35,276 | €37,968 | €28,699 | €29,792 | €10,225 | €10,230 | €2,758 | ▼ 73.0% |
| Suppliers440/4 | - | - | - | €28,699 | €29,792 | €10,225 | €10,230 | €2,758 | ▼ 73.0% |
| Taxes, remuneration and social security45 | - | - | - | €11,633 | €11,492 | €10,363 | €6,275 | €2,892 | ▼ 53.9% |
| Taxes450/3 | - | - | - | €5,125 | €3,346 | €4,030 | €2,494 | €8 | ▼ 99.7% |
| Remuneration and social security454/9 | - | - | - | €6,509 | €8,146 | €6,333 | €3,780 | €2,884 | ▼ 23.7% |
| Other amounts payable47/48 | - | - | - | €1,600 | €1,600 | €1,600 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €626 | €533 | €500 | €481 | €431 | ▼ 10.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,817 | €60,474 | €17,359 | €27,057 | €9,865 | €25,847 | -€26,399 | -€92,093 | ▼ 249% |
| + Depreciation and write-downs630 | €33,688 | €31,192 | €30,383 | €31,539 | €32,034 | €34,933 | €37,652 | €36,391 | ▼ 3.3% |
| Operating cash flow (approximation) | €5,872 | €91,666 | €47,742 | €58,596 | €41,900 | €60,780 | €11,252 | -€55,702 | - |
| Investment in fixed assets (approximation) | - | -€18,902 | -€25,231 | -€7,164 | -€6,271 | -€40,204 | -€31,858 | €9,627 | - |
| Change in cash | - | €14,511 | €1,243 | €11,669 | €35,536 | -€38,748 | €10,899 | -€32,854 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,294 companies had the same profile as S & D CONSTRUCT has now. Two years later, 89.6% were still going and 4.1% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
89.6%
was still going
5.9%
stopped otherwise
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of S & D CONSTRUCT itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,294 companies, not a prediction for S & D CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00330686 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00182404 | |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00172037 | |
| 31-12-2022 | micro format | 27-04-2023 | 2023-00071779 | |
| 31-12-2021 | micro format | 19-05-2022 | 2022-20032583 | |
| 31-12-2020 | micro format | 06-07-2021 | 2021-32400338 | |
| 31-12-2019 | micro format | 27-05-2020 | 2020-13700260 | |
| 31-12-2018 | micro format | 07-03-2019 | 2019-06600072 | |
| 31-12-2017 | micro format | 02-05-2018 | 2018-12100244 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-25900037 |
Board & ownership
Directors
Directors
2 directors, last change in 2024
ANTONE Debby Angèle
Current
Director (not named in the articles) · since 01-01-2017 · earlier manager, until 16-05-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 20-07-2026
VAN LANCKER Svenny Raphaël
Current
Director (not named in the articles) · in office according to the act of 16-05-2024 · earlier manager, until 16-05-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 20-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 16-05-2024Owners and capital
Capital transactions
Capital over time
- 16-05-2024 Converted to unavailable equity · €6,200
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ANTONE Debby Angèle |
|
| VAN LANCKER Svenny Raphaël |
|
Network & group
S & D CONSTRUCT shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of S & D CONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
20-07
micro format · 11 days before the deadline
2025
31-12
Financial
Weakest financial yearnet -€92,093
The net result drops to -€92,093, the lowest from 2018 to 2025.
23-06
micro format · 38 days before the deadline
2024
25-06
micro format · 36 days before the deadline
16-05
Gazette deed
Resignations: VAN LANCKER Svenny Raphaël (manager) and ANTONE Debby Angèle (manager)Reappointments: VAN LANCKER Svenny Raphaël (director) and ANTONE Debby Angèle (director) · Capital conversion · Reserve release13 points ▸
Gazette deed
Resignations: VAN LANCKER Svenny Raphaël (manager) and ANTONE Debby Angèle (manager)
Reappointments: VAN LANCKER Svenny Raphaël (director) and ANTONE Debby Angèle (director) · Capital conversion · Reserve release13 points ▸
- General meeting, 06-04-2023
- Other provision, “aanpassing statuten en behoud rechtsvorm, statuten aanpassen aan Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “middelen beschikbaar maken voor uitkering, opheffing” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- Director resignation, VAN LANCKER Svenny Raphaël (manager)
- Director resignation, ANTONE Debby Angèle (manager)
- Director reappointment, VAN LANCKER Svenny Raphaël (director (not named in the articles))
- Director reappointment, ANTONE Debby Angèle (director (not named in the articles))
- Registered office clause, “9890 Gavere, Legen Heirweg 54” (deed in Dutch)
- The act holds 1 more point.
2023
31-12
Financial
Equity above €150,000equity €160,664 ▲17.8%
After 5 profitable years in a row, equity reaches €160,664.
27-04
micro format · 95 days before the deadline
2022
19-05
micro format · 73 days before the deadline
2021
06-07
micro format · 25 days before the deadline
2020
31-12
Financial
Equity above €100,000equity €102,694 ▲18.1%
After 2 profitable years in a row, equity reaches €102,694.
27-05
micro format · 65 days before the deadline
2019
31-12
Financial
Back to profitnet €60,474
The net result is €60,474, after one loss-making year.
Show earlier events
07-03
micro format · 146 days before the deadline
2018
02-05
micro format · 90 days before the deadline
2017
30-06
abbreviated format · 31 days before the deadline
2015
30-09
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
S & D CONSTRUCT in Dutch
Enterprise number
0637.913.570
Legal form
Private limited company
Status
Active, normale toestand
Founded
10-09-2015
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-05-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
S&D Construct, besloten vennootschap
deed of 16-05-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…”
deed of 16-05-2024 (in Dutch)Registered office and establishments
Registered office
Legen Heirweg 54, 9890 Gavere, Belgium
Establishment unit
S & D CONSTRUCT, Legen Heirweg 54, 9890 Gavere since 22-09-2015 · unit number 2.246.746.365
Activities
NACEBEL 2025VAT activities
43320
Joinery installation main activity
25110
Manufacture of metal structures and parts of structures
43211
General electrical installation work
43230
Insulation installation
43331
Floor and wall tiling
43343
Specialised construction activities
43350
Other building finishing work
43410
Roofing work
43910
Bricklaying and masonry work
Social security (RSZ) activities
43320
Joinery installation main activity
Codes under NACEBEL 2008
VAT activities
43320
Joinery installation main activity
25110
Manufacture of metal structures and parts of structures
43211
Specialised construction activities
43291
Specialised construction activities
43331
Floor and wall tiling
43343
Specialised construction activities
43390
Specialised construction activities
43910
Specialised construction activities
43994
Specialised construction activities
Social security (RSZ) activities
43320
Joinery installation main activity
Invoicing and payment
VAT number
BE 0637.913.570
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0637.913.570
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
30 June at 20:00
deed of 16-05-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
1,486 m²
Building footprint
750 m²
Building volume
3,417 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44003A0059/00N000 | Flanders | 1,486 m² | 1 · 750 m² | 7.4 m · 1 |