S & D Tech

Active Private limited companyfounded 2008active for 18 yearsRue des Métiers 14, 4400 FlémalleKBO/BCE: BE 0807.030.496 #7 company by equity in Flémalle, Manufacturing sector

S & D Tech

Financial year 2025

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Annual accounts 2025

full format, filed on 03-04-2026, 119 days before the deadline

€5.2m

▲ 20.8%

€321,698

▲ €711,493

€478,506

▲ €721,973

€325,002

▲ €729,374

35.5%

▲ 8.4 percentage points

1.37

▲ 0.13

In the rankings #7 company by equity in Flémalle, Manufacturing sector #8 company by total assets in Flémalle, Manufacturing sector #9 company by staff growth in Flémalle

Money flows

of every €100 of turnover, €3.25 remains as profit in 2025

Balance sheet

balance sheet total €3.4m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

35.5%

Higher than 43% of 125 companies in 2025.

1.37

Higher than 33% of 124 companies in 2025.

4.9%

Higher than 59% of 125 companies in 2025.

S & D Tech Middle half of the sector 80% of the sector Full accounts in electrical equipment (NACE 27)

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

Staff

€31,914

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 11 people joined and 10 left. Training hours in 2025: 106.

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
Balance sheet: assets
`20/58`	3.4m	3.9m	3.4m	4.1m	3.9m	2.8m	2.2m	2.2m	2.4m	1.6m	1.7m	1.4m	1.1m	1.2m	824,405	703,931	405,265
`20`	31,618	40,547	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`21/28`	1.3m	1.3m	401,087	323,742	201,083	220,889	226,493	261,512	333,971	443,068	435,593	476,921	517,901	529,674	223,080	222,300	183,835
`21`	2,469	3,200	7,090	10,979	11,524	4,748	2,667	4,458	7,429	2,063	5,774	10,816	15,857	10,586	5,320	-	-
`22/27`	1.3m	1.3m	386,257	309,396	186,192	212,774	219,604	252,832	322,320	437,638	426,451	466,038	501,976	519,020	217,693	222,233	183,768
`22`	908,024	950,816	146,473	96,505	99,578	102,650	106,440	109,513	112,585	251,122	258,760	266,398	321,158	328,796	159,011	163,576	168,142
`23`	311,765	261,119	178,314	176,475	48,358	75,767	81,070	112,874	165,282	157,400	139,896	170,326	151,733	173,679	44,814	48,096	4,329
`24`	62,861	50,709	11,359	23,877	24,814	11,854	14,117	4,175	9,254	16,531	15,612	24,314	24,085	16,545	13,868	10,561	11,297
`25`	-	-	-	0	2,769	-	-	-	-	-	-	-	-	-	-	-	-
`26`	10,568	15,965	25,112	12,538	10,673	12,995	1,731	3,285	5,475	12,586	12,184	-	-	-	-	-	-
`27`	5,055	2,000	25,000	-	-	-	-	-	-	-	-	5,000	5,000	-	-	-	-
`28`	7,740	7,740	7,740	3,367	3,367	3,367	4,222	4,222	4,222	3,367	3,367	67	67	67	67	67	67
`29/58`	2.1m	2.6m	3.0m	3.8m	3.7m	2.6m	2.0m	1.9m	2.0m	1.2m	1.2m	875,601	621,280	640,379	601,325	481,631	221,430
`29`	-	-	-	-	0	600	2,500	-	-	-	-	-	-	-	-	-	-
`291`	-	-	-	-	0	600	2,500	-	-	-	-	-	-	-	-	-	-
`3`	903,394	1.5m	1.8m	1.6m	1.9m	1.7m	1.3m	1.3m	1.3m	575,034	746,438	374,096	133,417	-	-	-	-
`30/36`	751,565	1.4m	1.6m	1.5m	1.1m	732,206	667,222	420,199	497,629	110,013	99,344	116,819	85,417	-	-	-	-
`37`	151,828	169,991	216,642	69,920	839,313	933,435	636,227	886,845	765,997	465,021	647,094	257,277	48,000	-	-	-	-
`40/41`	1.0m	709,940	920,654	2.0m	1.6m	780,210	692,508	432,542	680,545	475,759	475,928	451,465	397,380	568,384	497,449	460,606	217,700
`40`	1.0m	702,947	911,360	2.0m	1.6m	735,680	656,606	402,875	674,291	475,372	475,786	446,577	387,675	402,099	429,359	352,286	55,887
`41`	313	6,992	9,293	8,472	3,279	44,530	35,902	29,667	6,254	388	142	4,888	9,705	166,284	68,090	108,320	161,813
`54/58`	153,862	344,525	234,887	229,827	181,454	144,097	11,751	159,520	88,098	155,702	22,760	50,040	90,483	66,868	55,476	16,558	3,729
`490/1`	10,242	10,252	11,663	13,360	3,670	533	3,061	8,346	3,057	300	559	-	-	5,128	48,400	4,467	-
Balance sheet: equity and liabilities
`10/49`	3.4m	3.9m	3.4m	4.1m	3.9m	2.8m	2.2m	2.2m	2.4m	1.6m	1.7m	1.4m	1.1m	1.2m	824,405	703,931	405,265
`10/15`	1.2m	1.1m	1.6m	1.4m	1.9m	1.5m	1.3m	1.2m	1.1m	879,931	751,801	657,720	540,153	559,178	420,172	258,090	124,942
`10/11`	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`13`	591,209	423,015	423,015	251,860	251,860	251,860	251,860	251,860	251,860	251,860	251,860	251,860	251,860	101,860	251,860	101,860	76,860
`130/1`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
`133`	589,349	421,155	421,155	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	100,000	250,000	100,000	75,000
`14`	604,685	624,685	1.2m	1.2m	1.6m	1.2m	1.0m	894,586	775,698	595,334	465,551	369,818	247,293	444,918	155,912	143,830	35,682
`15`	5,082	6,735	8,387	10,040	11,693	13,727	15,379	17,032	18,684	20,337	21,990	23,642	28,600	-	-	-	-
`16`	23,261	25,670	38,645	54,837	22,167	9,939	17,237	24,146	35,319	-	-	-	-	-	-	-	-
`160/5`	23,261	25,670	38,645	54,837	22,167	9,939	17,237	24,146	35,319	-	-	-	-	-	-	-	-
`164/5`	23,261	25,670	38,645	54,837	22,167	9,939	17,237	24,146	35,319	-	-	-	-	-	-	-	-
`17/49`	2.2m	2.8m	1.8m	2.6m	2.0m	1.3m	937,175	968,940	1.3m	769,933	929,477	694,802	599,028	610,875	404,233	445,841	280,322
`17`	647,322	741,375	158,022	99,992	93,733	130,541	173,051	205,482	277,774	363,681	302,195	336,006	354,179	363,061	131,599	141,507	6,040
`170/4`	647,322	741,375	158,022	99,992	93,733	130,541	173,051	205,482	277,774	363,681	302,195	336,006	354,179	363,061	131,599	141,507	6,040
`42/48`	1.5m	2.1m	1.6m	2.5m	1.9m	1.2m	763,358	763,458	997,560	405,692	627,282	358,796	244,849	247,814	272,634	304,334	271,998
`42`	110,300	101,438	52,649	25,253	32,170	42,510	43,524	72,750	74,082	78,458	35,567	35,472	30,323	22,813	9,908	9,442	2,254
`43`	952,766	1.7m	1.1m	1.9m	1.3m	763,355	531,299	506,363	399,078	97,000	251,676	87,333	48,200	67,589	95,000	118,700	-
`430/8`	952,766	1.7m	1.1m	1.9m	1.3m	763,355	531,299	506,363	399,078	97,000	251,676	87,333	48,200	67,589	95,000	118,700	-
`44`	262,273	177,861	244,981	469,889	300,921	297,555	113,193	133,635	410,505	107,991	230,430	58,251	61,309	85,678	53,056	114,424	232,787
`440/4`	262,273	177,861	244,981	469,889	300,921	297,555	113,193	133,635	410,505	107,991	230,430	58,251	61,309	85,678	53,056	114,424	232,787
`45`	171,064	91,299	169,428	132,347	270,948	86,908	50,342	50,710	113,895	122,243	109,609	177,740	86,913	71,734	113,176	60,274	35,863
`450/3`	78,925	24,205	52,278	34,354	201,667	44,149	2,565	2,579	74,745	79,173	72,957	143,287	58,693	37,514	89,991	44,743	33,054
`454/9`	92,138	67,094	117,149	97,993	69,281	42,759	47,777	48,131	39,149	43,070	36,652	34,453	28,220	34,221	23,185	15,531	2,808
`47/48`	20,000	364	4,453	2,937	2,941	2,923	25,000	-	-	-	-	-	18,104	-	1,494	1,494	1,094
`492/3`	15,758	-	-	0	63	50	766	-	-	560	-	-	-	-	-	-	2,285
Income statement
`70`	5.2m	4.3m	-	-	-	-	-	-	-	-	-	-	-	-	1.8m	1.6m	1.1m
`76A`	-	0	111	1,798	0	0	0	-	74,795	-	14,085	1	-	11	-	-	-
`9900`	1.2m	587,329	1.3m	465,553	1.2m	802,569	685,596	656,503	717,128	562,326	522,945	566,666	472,127	470,451	422,117	280,067	188,276
`60/61`	3.4m	3.4m	-	-	-	-	-	-	-	-	-	-	-	-	1.4m	1.4m	932,590
`62`	676,579	874,694	909,870	720,415	537,337	468,952	376,158	368,081	343,633	276,399	258,322	254,155	297,795	205,168	148,706	49,112	3,481
`630`	156,808	146,329	74,757	37,440	56,894	51,361	59,998	72,974	70,742	56,871	57,936	57,123	55,787	60,667	20,136	16,396	13,989
`631/4`	42,608	-	-	-	-	-	-	-	-	-	610	2,147	-	-	-	-	9,885
`635/8`	-2,409	-12,975	-16,193	32,670	12,228	-7,298	-6,909	-11,173	35,319	-	-	-	-	-	-	-	-
`640/8`	20,432	13,562	10,935	7,959	4,792	3,723	6,145	5,309	4,177	3,002	22,794	6,264	5,650	1,285	432	1,221	285
`649`	0	-44,645	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`66A`	0	160	19	99	217	0	11	352	5,511	693	19,460	3,044	3,646	-	25	1	-
`9901`	321,698	-389,795	357,487	-333,030	634,248	285,830	250,194	220,960	257,745	225,362	183,283	246,976	112,894	203,332	252,843	213,338	160,636
`75/76B`	6,730	4,128	3,108	15,019	6,186	4,442	2,590	1,658	76,977	2,859	4,814	5,856	138	400	1,858	62	430
`75`	6,730	4,128	3,108	14,969	5,839	4,442	2,590	1,658	2,183	2,859	4,814	5,856	138	400	1,858	62	430
`76B`	-	-	0	50	347	-	-	-	74,795	-	-	-	-	-	-	-	-
`65/66B`	142,281	163,901	171,450	128,130	65,218	33,006	43,060	46,190	49,695	43,621	27,410	20,692	28,944	26,660	18,094	13,550	8,822
`65`	142,281	163,901	171,450	116,130	64,957	33,006	43,060	46,190	49,283	43,621	27,410	20,692	28,944	26,660	18,094	13,550	8,822
`66B`	-	-	0	12,000	261	-	-	0	413	-	-	-	-	-	-	-	-
`9903`	186,147	-549,568	189,144	-446,140	575,216	257,266	209,724	176,428	285,027	184,600	155,312	229,097	80,441	177,083	236,582	199,849	152,243
`67/77`	17,953	1,132	17,989	-2,677	156,570	62,775	65,000	52,540	104,663	54,817	59,579	106,572	-566	60,042	74,500	66,701	39,701
`9904`	168,194	-550,700	171,156	-443,464	418,646	194,492	144,724	123,888	180,364	129,783	95,733	122,525	81,007	117,041	162,082	133,148	112,542
`9905`	168,194	-550,700	171,156	-443,464	418,646	194,492	144,724	123,888	180,364	129,783	95,733	122,525	81,007	117,041	162,082	133,148	112,542
Appropriation of the result
`9906`	792,879	624,685	1.3m	1.2m	1.6m	1.2m	1.0m	899,586	775,698	595,334	465,551	369,818	353,960	272,953	305,912	168,830	112,542
`14P`	624,685	1.2m	1.2m	1.6m	1.2m	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	171,965	-	-	-
`691/2`	168,194	0	171,155	-	-	-	-	-	-	-	-	-	-	-	150,000	25,000	76,860
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
`6921`	168,194	0	171,155	-	-	-	-	-	-	-	-	-	-	-	150,000	25,000	75,000
`694/7`	20,000	-	-	-	-	0	33,600	5,000	-	-	-	-	106,667	-	-	-	-
`694`	20,000	-	-	-	-	0	33,600	5,000	-	-	-	-	106,667	-	-	-	-
Social balance sheet
`9087`	21.2	21.2	21.2	17.4	14	13.9	10	9	9.5	8	7.8	5.5	6.1	4.4	3.4	1	0.2
Hours worked`1013`	20,055	25,743	33,201	28,909	22,587	19,376	17,032	15,695	15,594	14,316	12,811	8,727	10,121	7,579	5,593	1,910	269
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 32 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 03-04-2026.

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
31-12-2025	full format	03-04-2026	2026-00072191	PDF
31-12-2024	full format	27-06-2025	2025-00186396	PDF
31-12-2023	full format	14-06-2024	2024-00143248	PDF
31-12-2022	full format	20-07-2023	2023-00261482	PDF
31-12-2021	full format	29-07-2022	2022-20265183	PDF
31-12-2020	full format	30-08-2021	2021-57600147	PDF
31-12-2019	full format	17-09-2020	2020-53700074	PDF
31-12-2018	full format	21-08-2019	2019-48300470	PDF
31-12-2017	full format	30-08-2018	2018-54300513	PDF
31-12-2016	full format	31-07-2017	2017-39300067	PDF
31-12-2015	full format	13-06-2016	2016-17600110	PDF
31-12-2014	full format	17-07-2015	2015-34200153	PDF
31-12-2013	full format	02-10-2014	2014-63200470	PDF
31-12-2012	full format	24-04-2014	2014-10200239	PDF
31-12-2011	full format	22-10-2012	2012-61500323	PDF
31-12-2010	full format	31-01-2012	2012-02400575	PDF
31-12-2009	full format	28-05-2011	2011-14000599	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
478,506	-243,466	432,244	-295,590	691,142	337,191	310,192	293,934	328,487	282,233	241,220	304,100	168,681	263,998	272,979	229,734	174,624
325,002	-404,372	245,913	-406,023	475,540	245,853	204,722	196,863	251,106	186,654	153,669	179,648	136,794	177,708	182,218	149,544	126,531
199,621	1.1m	152,169	160,509	43,046	46,611	26,630	515	112,527	64,346	21,608	16,143	53,291	381,469	20,916	54,862	197,824
-190,663	109,638	5,060	48,373	37,356	132,346	-147,769	71,422	-67,604	132,942	-27,280	-40,444	23,616	11,392	38,918	12,829	-
559,618	501,784	1.4m	1.3m	1.8m	1.4m	1.2m	1.1m	1.0m	801,104	618,403	516,805	376,431	392,565	328,691	177,297	-50,568
6.2%	-9.1%	-	-	-	-	-	-	-	-	-	-	-	-	14.2%	13.0%	14.4%
35.5%	27.1%	47.4%	35.4%	48.0%	52.6%	57.4%	54.2%	44.7%	53.3%	44.7%	48.6%	47.4%	47.8%	51.0%	36.7%	30.8%
1.37	1.24	1.88	1.51	1.93	2.17	2.64	2.50	2.04	2.97	1.99	2.44	2.54	2.58	2.21	1.58	0.81
0.77	0.51	0.73	0.89	0.94	0.78	0.93	0.79	0.77	1.56	0.80	1.40	1.99	2.58	2.21	1.58	0.81
1.80	2.67	1.09	1.79	1.07	0.90	0.73	0.82	1.20	0.87	1.24	1.06	1.11	1.09	0.96	1.73	2.24
13.9%	-51.6%	10.6%	-30.6%	22.1%	13.2%	11.3%	10.5%	17.0%	14.7%	12.7%	18.6%	15.0%	20.9%	38.6%	51.6%	90.1%
4.9%	-14.0%	5.0%	-10.8%	10.6%	6.9%	6.5%	5.7%	7.6%	7.9%	5.7%	9.1%	7.1%	10.0%	19.7%	18.9%	27.8%
3.36	-1.49	2.52	-2.55	10.64	-	-	-	-	-	-	-	-	-	-	-	-
71 days	60 days	-	-	-	-	-	-	-	-	-	-	-	-	88 days	78 days	18 days
28 days	19 days	-	-	-	-	-	-	-	-	-	-	-	-	14 days	31 days	91 days

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.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	16	15	24	20	16
full-time	12	12	19	16	11
part-time	4	3	5	4	5
in full-time equivalents	13.5	13.6	21.8	18.3	13.9
	13	16.7	21.2	17.4	14
On a permanent contract	13	12	16	14	11
Joined	11	11	34	24	20
Left	10	20	32	29	22
Training hours	106	-	-	-	-

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	-	-	-	€2.0m	€93,733
Debts guaranteed by Belgian public bodies	€1.7m	€2.6m	-	-	-
Mortgages, amount registered	€50,000	€50,000	€25,000	€25,000	€25,000
	€856,000	€856,000	€155,000	€155,000	-
Carrying value of the mortgaged assets	€856,399	€899,191	€146,473	€96,505	€99,578
	€2.2m	€2.2m	€2.2m	€2.2m	-

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€197,562	€1.1m	€147,729	€157,534	€33,056
Intangible fixed assets	€2,059	-	-	€2,975	€9,990
Financial fixed assets	€0	-	€4,440	-	-
	€156,808	€146,329	€74,757	€37,440	€56,894

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

Insights on S & D Tech

The operating result for 2025 is a profit of €321,698, after a loss of €389,795 in 2024.

Debt's share of the balance-sheet total falls from 72.2% to 63.8%. Equity is higher and debt is lower.

Next steps

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Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency35.5%

Current ratio1.37

Return on assets4.9%

Staff

Staff cost per FTE€31,914

Joined and left+1 person

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on S & D Tech

Next steps

in €m

in euro

35.5%

1.37

4.9%

€31,914

+1 person