S.D.S.
ActiveThe computed 12-month bankruptcy probability of S.D.S. is 1.6% (moderate). The 2024 annual accounts show equity of €403k and a net result of €43k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 84 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-15
Solvency87▲+3
Growth69=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.84 in 2023; short-term debt: 29.7% and cash: 12.1% of total assets), and 37.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
81 d late
2022
72 d late
2021
94 d late
2020
88 d late
2019
116 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€641k▲ 15.1%
2020 · €557k
2018: €540k
2019: €624k
2020: €557k
2018 → 2021
EBIT margin
6.8%▲ 4.6pp
2020 · 2.2%
2018: 1.1%
2019: 4.6%
2020: 2.2%
2018 → 2021
Net result
€43k▼ 40.0%
2023 · €72k
2018: €306
2019: €21k
2020: €-7k
2021: €39k
2022: €18k
2023: €72k
2018 → 2024
Working capital
€193k▲ 24.0%
2023 · €156k
2018: €151k
2019: €166k
2020: €102k
2021: €188k
2022: €169k
2023: €156k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€557k-€641k▲ 15.1%
Equity€232k-€271k▲ 16.8%€288k▲ 6.5%€360k▲ 24.9%€403k▲ 12.0%
Operating result€12k-€43k▲ 253%€33k▼ 24.9%€102k▲ 212%€73k▼ 28.5%
Net result€-7k-€39k€18k▼ 55.2%€72k▲ 310%€43k▼ 40.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €650k
Fixed assets
€264k▼ 1.1%
Current assets
€386k▲ 13.1%
Equity and liabilities €650k
Equity
€403k▲ 12.0%
Debt
€246k▼ 0.6%
The debt ratio falls from 40.8% to 37.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€151k▼
2023 · €152k
Cash flow
€121k▼
2023 · €122k
Solvency
62.1%▲
2023 · 59.2%
Current ratio
2.00▲
2023 · 1.84
Quick ratio
2.00▲
2023 · 1.84
Debt / equity
0.61▼
2023 · 0.69
ROE
10.7%▼
2023 · 19.9%
ROA
6.6%▼
2023 · 11.8%
Interest coverage
5.08▼
2023 · 27.94
Debt
€246k▼
2023 · €248k
Debt ≤ 1 year
€193k▲
2023 · €186k
Debt > 1 year
€40k▲
2023 · €39k
Staff costs
€99k▲
2023 · €49k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€608k€650k▲
Fixed assets21/28€267k€264k▼
Tangible fixed assets22/27€263k€260k▼
Plant, machinery and equipment23€32k€42k▲
Furniture and vehicles24€196k€200k▲
Leasing and similar rights25€35k€18k▼
Financial fixed assets28€4k€4k=
Current assets29/58€341k€386k▲
Amounts receivable within one year40/41€249k€300k▲
Trade receivables40€141k€187k▲
Other amounts receivable41€107k€113k▲
Cash at bank and in hand54/58€78k€79k▲
Deferred charges and accrued income490/1€14k€7k▼
Equity and liabilities
Total equity and liabilities10/49€608k€650k▲
Equity10/15€360k€403k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€338k€382k▲
Amounts payable17/49€248k€246k▼
Amounts payable after more than one year17€39k€40k▲
Financial debts170/4€39k€40k▲
Amounts payable within one year42/48€186k€193k▲
Current portion of amounts payable after more than one year42€25k€50k▲
Trade debts44€60k€61k▲
Suppliers440/4€60k€61k▲
Taxes, remuneration and social security45€60k€62k▲
Taxes450/3€42k€38k▼
Remuneration and social security454/9€18k€24k▲
Other amounts payable47/48€40k€20k▼
Accrued charges and deferred income492/3€23k€13k▼
Income statement
Code20232024
Remuneration, social security and pensions62€49k€99k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€78k▲
Other operating charges640/8€3k€10k▲
Gross operating margin9900€205k€260k▲
Operating profit (loss)9901€102k€73k▼
Financial income75/76B€208-
Recurring financial income75€208-
Financial charges65/66B€5k€30k▲
Recurring financial charges65€5k€30k▲
Profit (loss) for the period before taxes9903€97k€43k▼
Income taxes67/77€25k-
Profit (loss) for the period9904€72k€43k▼
Profit (loss) for the period to be appropriated9905€72k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€338k€382k▲
Profit (loss) brought forward from the previous period14P€267k€338k▲
Social balance
Average headcount (FTE)90871.82.3▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 90 days late
2024
20-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 81 days late
2023
31-12
Financial
Highest result since 2018net €72k ▲310%
Operating result €102k, net result €72k, both a record.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 72 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 94 days late
2021
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €-7k ▼133%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 116 days late
2019
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 79 days late
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 79 days late
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 98 days late
2016
01-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 93 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Namur · 1 establishment unit since 2000
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 l'Energie(RH) 215020 NamurGround area
9,234 m²
Parcel 92120F0026/00K004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de l'Energie(RH) 21, 5020 Namur
since 20002.093.945.136
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92120F0026/00K004 | Wallonia | 9,234 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 4,917 companies in sector 53200 we hold annual accounts for 1,330. 683 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1999
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
64120
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.
Contact details
2 entriesE-mail:luc@sdsdelivery.be
Phone:+3281513002