S.D. PISCINES
ActiveThe computed 12-month bankruptcy probability of S.D. PISCINES is 3.0% (moderate). The 2025 annual accounts show negative equity (€-10k) and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 27787 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+11
Solvency17=
Growth32=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.85 against 0.78 in 2024; short-term debt: 80.1% and cash: 4.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7.8%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 27787 sector peers (2025).
NBB · sector comparisonPosition among 27787 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
23 d late
2022
25 d early
2021
30 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-10k▲ 11.2%
2024 · €-11k
2021: €31k
2022: €33k
2023: €-4k
2024: €-11k
2021 → 2025
Total assets
€127k▼ 13.4%
2024 · €147k
2021: €43k
2022: €59k
2023: €144k
2024: €147k
2021 → 2025
Net result
€1k
2024 · €-7k
2021: €28k
2022: €3k
2023: €-37k
2024: €-7k
2021 → 2025
Working capital
€-16k▲ 29.0%
2024 · €-22k
2021: €31k
2022: €33k
2023: €-15k
2024: €-22k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€33k▲ 9.1%€-4k€-11k▼ 176%€-10k▲ 11.2%
Operating result€34k-€4k▼ 89.4%€-34k€822€11k▲ 1,250%
Net result€28k-€3k▼ 89.9%€-37k€-7k▲ 81.1%€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,250% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets
€41k▼ 42.0%
Current assets
€86k▲ 13.2%
Key figures and ratios
EBITDA
€42k▲
2024 · €30k
Cash flow
€32k▲
2024 · €22k
Solvency
-7.8%▼
2024 · -7.6%
Current ratio
0.85▲
2024 · 0.78
Quick ratio
0.74▲
2024 · 0.66
Debt / equity
-13.89▲
2024 · -14.21
ROA
1.0%▲
2024 · -4.8%
Interest coverage
4.22▲
2024 · 3.76
Debt
€137k▼
2024 · €158k
Debt ≤ 1 year
€102k▲
2024 · €98k
Debt > 1 year
€34k▼
2024 · €59k
Staff costs
€241▲
2024 · €236
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€147k€127k▼
Fixed assets21/28€71k€41k▼
Tangible fixed assets22/27€71k€41k▼
Plant, machinery and equipment23-€686
Furniture and vehicles24€71k€40k▼
Current assets29/58€76k€86k▲
Stocks and contracts in progress3€11k€11k▼
Stocks30/36€11k€11k▼
Amounts receivable within one year40/41€59k€68k▲
Trade receivables40€30k€26k▼
Other amounts receivable41€28k€42k▲
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€730€530▼
Equity and liabilities
Total equity and liabilities10/49€147k€127k▼
Equity10/15€-11k€-10k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-14k€-13k▲
Amounts payable17/49€158k€137k▼
Amounts payable after more than one year17€59k€34k▼
Financial debts170/4€59k€34k▼
Amounts payable within one year42/48€98k€102k▲
Current portion of amounts payable after more than one year42€23k€24k▲
Financial debts43€30k€30k=
Credit institutions430/8€30k€30k=
Trade debts44€41k€32k▼
Suppliers440/4€41k€32k▼
Taxes, remuneration and social security45€3k€15k▲
Taxes450/3€3k€15k▲
Accrued charges and deferred income492/3€769€676▼
Income statement
Code20242025
Remuneration, social security and pensions62€236€241▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€30k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€31k€43k▲
Operating profit (loss)9901€822€11k▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€-7k€1k▲
Profit (loss) for the period9904€-7k€1k▲
Profit (loss) for the period to be appropriated9905€-7k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-13k▲
Profit (loss) brought forward from the previous period14P€-7k€-14k▼
The notes to these accounts (8 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
10-09
State Gazette act
General meeting · Registered-office moveGeneral meeting · Registered-office move2 facts ▸
State Gazette act
General meeting · Registered-office move
General meeting · Registered-office move2 facts ▸
- General meeting, 2026-06-25
- Registered-office move, Rue du Cheneau 49A à 6120 Nalinnes
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €-37k ▼1437%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2021
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 du Cheneau(NAL) 496120 Ham-sur-Heure-NalinnesGround area
1,292 m²
Building footprint
445 m²
Volume, LiDAR
1,973 m³
2 parcels, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
S.D. PISCINES
since 20212.322.970.351
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392D0095/00P007 | Wallonia | 1,159 m² | 1 · 188 m² | - |
| 56034B0053/00V000 | Wallonia | 133 m² | 1 · 257 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DAV CONSTRUCTANCE
BE 0745.353.146
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GP CONSTRUCT
BE 0671.666.305
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BELCOLOR & CONSTRUCT
BE 0653.771.585
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PVD DESIGN
BE 0737.359.356
Meise · Eq €33k
REBUILDIT
BE 0760.981.826
Genk · Eq €33k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,781 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2021
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43120Site preparation
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
81100Combined facilities support activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.