S.D.E.

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1995active for 31 yearsZevenhoevenstraat 43, 9200 DendermondeKBO/BCE: BE 0455.711.047

S.D.E.

Financial year 2025

Follow Report Compare

Annual accounts 2025

micro format, filed on 23-12-2025, 39 days before the deadline

€34,487

▼ 10.8%

€21,014

▼ 23.8%

€16,146

▼ 21.4%

€88,186

▼ 44.7%

60.0%

▲ 2.2 percentage points

5.22

▼ 1.57

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €75,000. Estimated: probably between €51,000 and €130,000.

Balance sheet

balance sheet total €314,726 on 30-06-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

60.0%

Higher than 71% of 19,803 companies in 2025.

5.22

Higher than 85% of 18,977 companies in 2025.

5.1%

Higher than 66% of 19,446 companies in 2025.

S.D.E. Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	314,726	298,979	285,724	264,959	244,814	239,569	242,106	251,383	262,830	406,218	356,901	308,890	289,426	291,543	287,224	277,841	250,395	262,090	262,406
`21/28`	205,636	111,800	100,546	105,377	115,964	127,079	126,601	138,344	150,087	159,789	172,404	162,956	166,665	172,745	180,114	189,862	179,632	219,768	235,236
`22/27`	81,083	92,000	80,746	85,577	96,164	107,279	106,801	118,544	130,287	139,989	152,604	143,156	146,865	152,945	160,314	170,062	179,632	219,768	235,236
`22`	65,411	72,133	78,855	85,577	92,300	99,023	105,745	112,468	119,191	125,913	132,636	139,359	146,081	152,803	159,525	166,247	172,969	211,401	219,309
`23`	2,656	2,965	-	-	-	528	1,056	1,584	2,112	-	-	397	784	142	661	1,037	1,203	897	587
`24`	13,016	16,903	1,891	-	3,864	7,728	-	4,492	8,984	14,076	19,968	3,400	-	-	128	2,778	5,460	7,470	15,340
`28`	124,554	19,800	19,800	19,800	19,800	19,800	19,800	19,800	19,800	19,800	19,800	19,800	19,800	19,800	19,800	19,800	-	-	-
`29/58`	109,090	187,179	185,178	159,582	128,850	112,490	115,505	113,039	112,743	246,429	184,497	145,934	122,761	118,798	107,110	87,979	70,763	42,321	27,170
`40/41`	101,846	182,298	166,828	148,201	126,850	109,528	113,505	111,039	110,743	244,429	181,363	142,256	120,641	111,277	94,258	77,994	63,185	35,687	23,777
`40`	5,963	14,934	6,578	2,693	-	1,145	5,255	2,919	3,098	2,426	1,406	6,043	-	3,471	2,447	2,483	1,925	14,971	12,899
`41`	95,883	167,364	160,250	145,508	126,850	108,383	108,250	108,120	107,645	242,003	179,957	136,213	120,641	107,806	91,811	75,510	61,260	20,716	10,878
`50/53`	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
`54/58`	4,639	2,105	13,633	9,381	-	533	-	-	-	-	1,134	1,678	-	1,004	1,048	1,302	1,074	1,109	860
`490/1`	605	775	2,717	-	-	429	-	-	-	-	-	-	120	4,517	9,804	6,683	4,504	3,526	533
Balance sheet: equity and liabilities
`10/49`	314,726	298,979	285,724	264,959	244,814	239,569	242,106	251,383	262,830	406,218	356,901	308,890	289,426	291,543	287,224	277,841	250,395	262,090	262,406
`10/15`	188,748	172,601	159,054	137,963	123,917	112,325	98,824	94,423	86,585	210,736	182,718	138,268	93,743	62,896	43,417	32,490	30,982	319	27,874
`10/11`	18,592	18,592	18,592	18,592	18,592	-	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`100`	-	-	-	-	-	-	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`11`	-	-	-	-	-	18,592	-	-	-	-	-	-	-	-	-	-	-	-	-
`1100/10`	-	-	-	-	-	18,592	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	170,156	154,009	136,859	109,859	97,859	91,859	6,853	6,853	6,853	6,853	6,853	6,853	6,853	6,854	6,598	6,051	5,975	5,637	5,637
`130/1`	1,859	1,859	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,604	1,057	981	643	643
`1311`	1,859	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	168,297	152,150	135,000	108,000	96,000	90,000	4,994	4,994	4,994	4,994	4,994	4,994	4,994	4,994	4,994	4,994	4,994	4,994	4,994
`14`	-	-	3,603	9,512	7,466	1,874	73,379	68,978	61,140	185,291	157,273	112,823	68,298	37,450	18,227	7,847	6,414	-23,911	3,645
`16`	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	69,729	64,598	59,721	-
`160/5`	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	69,729	64,598	59,721	-
`160`	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	64,605	-	-	-	-	-	-	-	-	-	-
`17/49`	61,373	61,773	62,065	62,391	56,292	62,639	78,677	92,355	111,640	130,877	109,578	106,017	131,078	164,042	179,202	175,622	154,815	202,050	234,532
`17`	40,469	33,925	38,665	43,285	10,335	28,930	37,140	51,955	69,151	86,952	35,368	33,926	50,427	70,694	81,747	99,139	118,648	139,400	157,858
`170/4`	40,469	33,925	38,665	43,285	10,335	28,930	37,140	51,955	69,151	86,952	35,368	33,926	50,427	70,694	81,747	99,139	118,648	139,400	157,858
`42/48`	20,904	27,573	23,400	19,106	37,829	29,184	35,551	40,400	42,489	43,925	72,804	72,091	80,651	91,689	95,288	74,537	35,815	61,727	76,012
`42`	8,207	4,740	4,621	4,505	18,595	18,105	14,816	17,589	17,094	16,601	18,858	16,501	21,245	20,138	17,610	19,509	20,970	27,953	24,552
`43`	-	-	-	-	13,116	-	11,831	9,901	3,889	4,853	25,308	33,824	29,417	31,733	31,219	32,836	424	30,681	32,430
`430/8`	-	-	-	-	13,116	-	11,831	9,901	3,889	4,853	25,308	33,824	29,417	31,733	31,219	32,836	424	30,681	32,430
`44`	3,236	5,911	117	19	-	-	2,705	1,538	973	1,254	5,352	1,739	5,818	6,461	11,096	4,890	4,895	2,774	6,805
`440/4`	3,236	5,911	117	19	-	-	2,705	1,538	973	1,254	5,352	1,739	5,818	6,461	11,096	4,890	4,895	2,774	6,805
`45`	9,462	9,922	18,662	14,582	6,118	11,079	6,049	10,380	15,871	21,217	23,286	20,027	24,171	15,357	11,363	5,302	9,525	318	225
`450/3`	9,462	9,922	18,662	14,582	6,118	11,079	6,049	10,380	15,871	21,217	23,286	20,027	24,171	15,357	11,363	5,302	9,525	318	225
`47/48`	-	7,000	-	-	-	-	150	992	4,662	-	-	-	-	18,000	24,000	12,000	-	-	12,000
`492/3`	-	274	-	-	8,128	4,525	5,986	-	-	-	1,406	-	-	1,659	2,167	1,946	353	923	662
Income statement
`76A`	-	4,545	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,290	-	-
`9900`	34,487	38,659	40,827	34,997	31,777	38,182	29,721	29,926	55,236	63,463	84,474	81,459	63,186	59,691	62,639	39,945	47,047	59,182	42,262
`630`	10,918	7,830	6,894	10,587	11,115	11,115	11,743	11,743	12,343	12,615	13,011	7,909	7,241	7,369	14,338	10,194	10,449	11,046	15,847
`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,775	-	-
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,124	5,131	4,877	59,721	-
`640/8`	2,556	3,261	3,542	2,909	2,466	3,851	4,066	1,735	1,897	1,722	1,654	2,922	2,716	2,525	2,426	2,632	1,813	2,476	1,205
`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	-
`9901`	21,014	27,568	30,391	21,501	18,196	23,216	13,912	16,448	40,996	49,126	69,809	70,628	53,229	49,797	50,999	21,988	12,132	-14,062	25,209
`75/76B`	4,598	516	2,853	2,162	594	2	0	4	-	1	452	0	-	5,653	4,630	4,128	1,816	1,175	397
`75`	4,598	516	2,853	2,162	594	2	0	4	-	1	452	0	-	5,653	4,630	4,128	1,816	1,175	397
`65/66B`	2,003	1,231	1,435	2,877	2,156	3,560	3,541	4,650	4,439	7,068	6,010	7,120	7,901	9,156	11,062	10,974	10,013	11,669	11,433
`65`	2,003	1,231	1,435	2,877	2,156	3,560	3,541	4,650	4,439	7,068	6,010	7,120	7,901	9,156	11,062	10,974	10,013	11,669	11,433
`9903`	23,609	26,853	31,809	20,786	16,634	19,658	10,371	11,802	36,557	42,059	64,251	63,508	45,328	46,293	44,567	15,141	26,225	-27,556	14,172
`67/77`	7,463	6,306	10,718	6,740	5,042	6,157	5,970	3,964	10,708	14,041	19,801	18,983	14,480	8,815	9,640	1,633	851	-	-
`9904`	16,146	20,547	21,091	14,046	11,592	13,501	4,401	7,838	25,849	28,018	44,450	44,525	30,848	37,479	34,927	13,509	25,374	-27,556	14,172
`9905`	16,146	20,547	21,091	14,046	11,592	13,501	4,401	7,838	25,849	28,018	44,450	44,525	30,848	37,479	34,927	13,509	25,374	-27,556	14,172
Appropriation of the result
`9906`	16,146	24,150	30,603	21,512	13,466	86,880	73,379	68,978	211,140	185,291	157,273	112,823	68,298	55,706	42,774	19,923	6,752	-23,911	15,754
`14P`	-	3,603	9,512	7,466	1,874	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	16,146	17,150	27,000	12,000	6,000	85,006	-	-	-	-	-	-	-	255	547	76	338	-	109
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	255	547	76	338	-	109
`6921`	16,146	17,150	27,000	12,000	6,000	85,006	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	7,000	-	-	-	-	-	-	150,000	-	-	-	-	18,000	24,000	12,000	-	-	12,000
`694`	-	-	-	-	-	-	-	-	150,000	-	-	-	-	-	-	-	-	-	-
`695`	-	7,000	-	-	-	-	-	-	-	-	-	-	-	18,000	24,000	12,000	-	-	12,000
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 10 older financial years (1997-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 23-12-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-06-2025	micro format	23-12-2025	2025-00588654	PDF
30-06-2024	micro format	20-12-2024	2024-00621418	PDF
30-06-2023	micro format	31-01-2024	2024-00017063	PDF
30-06-2022	micro format	28-02-2023	2023-00032750	PDF
30-06-2021	micro format	30-06-2022	2022-20113007	PDF
30-06-2020	micro format	31-01-2021	2021-04500124	PDF
30-06-2019	micro format	01-02-2020	2020-04200556	PDF
30-06-2018	micro format	31-01-2019	2019-04400276	PDF
30-06-2017	micro format	31-01-2018	2018-04400478	PDF
30-06-2016	abbreviated format	31-01-2017	2017-03300581	PDF
30-06-2015	abbreviated format	23-01-2016	2016-02600140	PDF
30-06-2014	abbreviated format	26-01-2015	2015-02500009	PDF
30-06-2013	abbreviated format	27-01-2014	2014-01600520	PDF
30-06-2012	abbreviated format	27-02-2013	2013-05500553	PDF
30-06-2011	abbreviated format	15-02-2012	2012-03800470	PDF
30-06-2010	abbreviated format	14-02-2011	2011-03200188	PDF
30-06-2009	abbreviated format	22-12-2009	2009-90100347	PDF
30-06-2008	abbreviated format	19-12-2008	2008-86500208	PDF
30-06-2007	abbreviated format	20-12-2007	2007-84300201	PDF
30-06-2006	abbreviated format	15-12-2006	2006-91203331	PDF
30-06-2005	abbreviated format	30-12-2005	2005-92801501	PDF
30-06-2004	abbreviated format	15-12-2004	2004-85601940	PDF
30-06-2003	abbreviated format	16-12-2003	2003-83605011	PDF
30-06-2002	abbreviated format	16-12-2002	2002-77000109	PDF
30-06-2001	abbreviated format	12-12-2001	2001-75500584	PDF
30-06-2000	abbreviated format	27-12-2000	2000-77805205	PDF
30-06-1999	abbreviated format	24-12-1999	1999-65004278	PDF
30-06-1998	abbreviated format	08-12-1998	1998-60704577	PDF
30-06-1997	abbreviated format	30-12-1997	1997-59100383	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
31,932	35,398	37,285	32,088	29,311	34,331	25,655	28,191	53,339	61,741	82,820	78,537	60,470	57,166	65,337	32,182	22,582	-3,016	41,056
27,064	28,377	27,985	24,633	22,707	24,616	16,144	19,581	38,192	40,633	57,461	52,434	38,089	44,848	49,265	23,703	35,824	-16,510	30,020
104,754	19,084	2,063	0	0	11,593	0	0	2,641	0	22,459	4,200	1,161	0	4,590	20,424	2,023	959	12,863
2,534	-11,528	4,252	-	-	-	-	-	-	-	-544	-	-	-44	-254	229	-35	249	-
88,186	159,605	161,778	140,476	91,021	83,306	79,954	72,639	70,254	202,504	111,693	73,843	42,110	27,110	11,823	13,442	34,948	-19,405	-48,842
60.0%	57.7%	55.7%	52.1%	50.6%	46.9%	40.8%	37.6%	32.9%	51.9%	51.2%	44.8%	32.4%	21.6%	15.1%	11.7%	12.4%	0.1%	10.6%
5.22	6.79	7.91	8.35	3.41	3.85	3.25	2.80	2.65	5.61	2.53	2.02	1.52	1.30	1.12	1.18	1.98	0.69	0.36
0.33	0.36	0.39	0.45	0.45	0.56	0.80	0.98	1.29	0.62	0.60	0.77	1.40	2.61	4.13	5.41	5.00	-	8.41
8.6%	11.9%	13.3%	10.2%	9.4%	12.0%	4.5%	8.3%	29.9%	13.3%	24.3%	32.2%	32.9%	59.6%	80.4%	41.6%	81.9%	-	50.8%
5.1%	6.9%	7.4%	5.3%	4.7%	5.6%	1.8%	3.1%	9.8%	6.9%	12.5%	14.4%	10.7%	12.9%	12.2%	4.9%	10.1%	-10.5%	5.4%
15.94	28.76	25.98	11.15	13.60	-	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022	30-06-2021
Tangible fixed assets	-	€19,084	€2,063	-	-
Financial fixed assets	€104,754	-	-	-	-
	€10,918	€7,830	€6,894	€10,587	€11,115

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on S.D.E.

The operating result for 2025 is 24% lower than in 2024 and the lowest since 2021. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 20.7% to 19.5%. Equity is higher and debt is lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency60.0%

Current ratio5.22

Return on assets5.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on S.D.E.

Next steps

in euro

in euro

60.0%

5.22

5.1%