S.D.M.
ActiveS.D.M. has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.60M and a net result of €1.64M. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 27% of 8589 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+70
Solvency46▼-30
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 0.9 in 2024), and 73.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.4%
Return on assets
26.9%
Age of the figures
8 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
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
on the day
2023
7 d early
2022
81 d late
2021
4 d early
2020
15 d early
2019
59 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Name match with a sanctions list
1 entryMURAD EN SONS DIAMONDSalias M.S.D.
A name match is not a finding that this company itself is on the list; check the entry at the source.
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.64M▲ 696%
2024 · €206k
2018: €320k
2020: €19k
2021: €1.23M
2022: €652k
2023: €58k
2024: €206k
2018 → 2025
Working capital
€965k
2024 · €-15k
2018: €-72k
2020: €-2.02M
2021: €-760k
2022: €-74k
2023: €-127k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.49M-€3.13M▲ 25.7%€3.18M▲ 1.7%€3.39M▲ 6.4%€1.60M▼ 52.7%
Operating result€52k-€94k▲ 81.2%€99k▲ 4.7%€85k▼ 14.2%€732k▲ 765%
Net result€1.23M-€652k▼ 46.8%€58k▼ 91.1%€206k▲ 255%€1.64M▲ 696%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 765% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.08M
Fixed assets
€1.52M▼ 63.9%
Current assets
€4.56M▲ 3,206%
Equity and liabilities €6.08M
Equity
€1.60M▼ 52.7%
Provisions
€52k▼ 7.6%
Debt
€4.42M▲ 387%
The debt ratio rises from 20.9% to 72.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€779k▲
2024 · €125k
Cash flow
€1.68M▲
2024 · €246k
Solvency
26.4%▼
2024 · 77.8%
Current ratio
1.27▲
2024 · 0.90
Quick ratio
1.27▲
2024 · 0.90
Debt / equity
2.76▲
2024 · 0.27
ROE
102.1%▲
2024 · 6.1%
ROA
26.9%▲
2024 · 4.7%
Interest coverage
66.99▲
2024 · 7.58
Debt
€4.42M▲
2024 · €909k
Debt ≤ 1 year
€3.59M▲
2024 · €153k
Debt > 1 year
€826k▲
2024 · €756k
Income taxes
€17k▼
2024 · €20k
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€4.35M€6.08M▲
Fixed assets21/28€4.21M€1.52M▼
Tangible fixed assets22/27€575k€568k▼
Land and buildings22€573k€567k▼
Plant, machinery and equipment23€2k€1k▼
Financial fixed assets28€3.64M€951k▼
Current assets29/58€138k€4.56M▲
Amounts receivable within one year40/41€62k€3.51M▲
Trade receivables40€9k€41k▲
Other amounts receivable41€52k€3.46M▲
Cash at bank and in hand54/58€71k€1.05M▲
Deferred charges and accrued income490/1€5k€123▼
Equity and liabilities
Total equity and liabilities10/49€4.35M€6.08M▲
Equity10/15€3.39M€1.60M▼
Contributions10/11€51k€51k=
Reserves13€182k€174k▼
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€127k€118k▼
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€3.12M€1.34M▼
Investment grants15€38k€35k▼
Provisions and deferred taxes16€56k€52k▼
Deferred taxes168€56k€52k▼
Amounts payable17/49€909k€4.42M▲
Amounts payable after more than one year17€756k€826k▲
Financial debts170/4€753k€822k▲
Other amounts payable178/9€3k€3k▲
Amounts payable within one year42/48€153k€3.59M▲
Current portion of amounts payable after more than one year42€141k€151k▲
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48-€3.43M
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Non-recurring operating income76A-€1.95M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€47k▲
Other operating charges640/8€25k€29k▲
Non-recurring operating charges66A-€925k
Gross operating margin9900€150k€1.73M▲
Operating profit (loss)9901€85k€732k▲
Financial income75/76B€153k€929k▲
Recurring financial income75€153k€4k▼
Non-recurring financial income76B-€925k
Financial charges65/66B€17k€12k▼
Recurring financial charges65€17k€12k▼
Profit (loss) for the period before taxes9903€222k€1.65M▲
Transfer from deferred taxes780€4k€4k=
Income taxes67/77€20k€17k▼
Profit (loss) for the period9904€206k€1.64M▲
Transfer from tax-exempt reserves789€8k€8k=
Profit (loss) for the period to be appropriated9905€214k€1.64M▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.12M€4.76M▲
Profit (loss) brought forward from the previous period14P€2.90M€3.12M▲
Profit to be distributed694/7-€3.42M
Return on contributions (dividend)694-€3.42M
The notes to these accounts (14 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €1.64M ▲696%
Operating result €732k, net result €1.64M, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 81 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €2MEq €2.49M ▲95%
3 profitable years in a row build equity to €2.49M.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €19k ▼94.1%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Seraing · 1 establishment unit since 2008
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.
Rue de Tilleur 234101 SeraingGround area
258 m²
Building footprint
106 m²
Parcel 62058B0382/00W000, Wallonia. Linked by address, not a title deed.
1 establishment unit
S.D.M. sprl
since 20082.169.697.582
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62058B0382/00W000 | Wallonia | 258 m² | 1 · 106 m² | - |
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.
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 22,592 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-02-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:0474/86.04.47
Phone:085/82.66.20