Active BE 0793.377.252Private limited company

S&D Holding

Turnhoutsebaan 45 ·3290 Diest, Belgium· 3 yrs active

Sector: Activiteiten van holdings (64210)

Conclusion Checked

S&D Holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2023 annual accounts show equity of €230k and a net result of €-194k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€230k
Net result	€-194k
Active	3 yrs
Board	1

Snowflake analysis 3 of 5 axes measured · computed by Checked

28 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 0

Solvency 4

Growth -

Stability 79

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview2 NBB filings

Annual accounts filed on 04-08-2025 with the NBB · fiscal year 2024 · verkort

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	verkort
Revenue	n/a
EBITDA	n/a
Net profit	€-194k
Cash flow	n/a
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€3.49M
Equity	€230k
Debt	€3.26M
of which ≤ 1y	€697k
of which > 1y	€2.52M
Working capital	n/a
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	6.6%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	-5.6%
ROE	-84.4%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2023

Assets

Fixed assets €3.40M · 97.4% Current assets €90k · 2.6%

Equity & liabilities

Equity €230k · 6.6% Debt €3.26M · 93.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€3.49M
Fixed assets	21/28	€3.40M
Financial fixed assets	28	€3.40M
Current assets	29/58	€90k
Amounts receivable within one year	40/41	€88k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€3.49M
Equity	10/15	€230k
Contributions / capital	10/11	€424k
Accumulated profits (losses)	14	€-194k
Amounts payable	17/49	€3.26M
Amounts payable after one year	17	€2.52M
Amounts payable within one year	42/48	€697k
Trade debts payable within one year	44	€69k
Income statement
Gross operating margin	9900	€-43k
Operating result	9901	€-46k
Financial charges	65	€148k
Result before taxes	9903	€-194k
Net result for the period	9904	€-194k
Result to be appropriated	9905	€-194k

Ratios computed by Checked.

Directors & mandates 1 directors

Current directors & mandates

ROOTS TRANSITION PARTNERSLegal entity
Director
State Gazette act 25324063 (07-04-2025)

Current
07-04-2025 → present

Permanent representatives (1)

These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.

N3X INVESTMENTSLegal entity
Permanent representative· perm. rep.: HENDRICKX Tom
State Gazette act 25324063 (07-04-2025)

Permanent representative
- → 07-04-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Activiteiten van holdings(64210)
Legal form	Private limited company(610)
Incorporation	08-11-2022
Status	Active
Postal code	3290

Connections & network 2 connected companies

Group structure

Elite association group

We sit on their board · 1 location

→

SIGN & DISPLAY

We sit on their board · 1 location

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control 2 parties

S&D HoldingBE 0793.377.252

controls

Where this company holds controlthis company sits on their board2

Elite association group

1 location

SIGN & DISPLAY

1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Establishment units 1 location

S&D Holding

Turnhoutsebaan 45, 3290 DiestOverige dienstverlenende activiteiten op het gebied van informatie, n.e. g.

since 20222.338.003.965

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24020B0278/00H004	Flanders	5,176 m²	-	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

04-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

07-04-2025

State Gazette act Capital & shares

Emiel DE DEKEN

2024

30-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

Belgisch Staatsblad, acts 1 acts

Capital history · 1

07-04-2025

Capital change

All acts · 1 updated 1 year ago

2025

07-04-2025 Capital increase of €511,544 to €935,544 Capital & shares·Emiel DE DEKEN

€424.000 → €935.544
Inbreng in geld · Apport en numéraire

Notary: Emiel DE DEKEN · Antwerpen

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank

Activities

Holdings64200Activiteiten van holdings64210

Primary activity highlighted.

Names & trade names

Legal nameNL

S&D Holding

Registered office

Turnhoutsebaan 45

3290 Diest, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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