Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Less equity than 91% of companies in specialised construction. Sector median €250,541 · 9,969 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 12% of them on solvency, 43% on liquidity and 19% on profitability.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,135 companies had the same profile as S-DS CONSTRUCT has now. Each dot stands for 6 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of S-DS CONSTRUCT itself: 1.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,135 companies, not a prediction for S-DS CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| S-DS CONSTRUCT Zele | €30,332 | €786 | 7.0% | - |
| Schrijnwerken Braeckman Oosterzele | €31,015 | -€17,537 | -43.8% | - |
| GR Interieur Ninove | €34,288 | -€1,266 | 22.7% | - |
| Schrijnwerken Nick Dierckx Oudenburg | €32,079 | -€3,942 | 43.0% | - |
| WINDWART Zaventem | €35,161 | €1,014 | 15.1% | - |
| Glasdeurenonline.be Zedelgem | €24,806 | €1,012 | 31.9% | - |
| TA Invest Stekene | €39,761 | -€4,949 | 38.4% | - |
These companies have the same main activity as S-DS CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €24,800 and €39,800, founded between 2023 and 2024.
S-DS CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,123 and a net result of €123.
Its solvency ranks better than 10% of 9,967 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €7,900. Estimated: probably between €4,600 and €16,000.
Higher than 10% of 9,967 companies in 2025.
Higher than 22% of 9,830 companies in 2025.
Higher than 24% of 9,899 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
30,332 | |
29/58 |
30,332 | |
3 |
1,500 | |
30/36 |
1,500 | |
40/41 |
5,131 | |
40 |
803 | |
41 |
4,328 | |
54/58 |
23,701 | |
| Balance sheet: equity and liabilities | ||
10/49 |
30,332 | |
10/15 |
2,123 | |
10/11 |
2,000 | |
10 |
2,000 | |
100 |
2,000 | |
14 |
123 | |
17/49 |
28,209 | |
42/48 |
28,209 | |
44 |
10,805 | |
440/4 |
10,805 | |
45 |
2,404 | |
450/3 |
2,404 | |
47/48 |
15,000 | |
| Income statement | ||
9900 |
786 | |
9901 |
786 | |
75/76B |
970 | |
75 |
970 | |
65/66B |
1,551 | |
65 |
1,551 | |
9903 |
205 | |
67/77 |
81 | |
9904 |
123 | |
9905 |
123 | |
| Appropriation of the result | ||
9906 |
123 | |
| Document | ||
Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.
2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00495214.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-08-2026 | 2026-00495214 |
| Line | Trend | 2025 |
|---|---|---|
| 2,123 | ||
| 7.0% | ||
| 1.08 | ||
| 1.02 | ||
| 13.29 | ||
| 5.8% | ||
| 0.4% |
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.
Debt's share of the balance-sheet total is 93.0%.
S-DS CONSTRUCT has no parent and no holdings in its annual accounts.
| DE STERCKE P.
establishment since 13-11-2003 · founded in 1998 |
10 FTE (2025) 0462.897.856 |
| De Stercke Estate
registered office since 13-01-2011 |
founded in 2011 0832.753.017 |
| CERTYN - DE STERCKE via DE STERCKE Peter Marcel, no longer at CERTYN - DE STERCKE · Director · deed of 01-04-2021 founded in 1989 |
total assets €592,490 (2025) |
| Jachthondenafrichtingsclub Orion via SPRUYT Peter, no longer at Jachthondenafrichtingsclub Orion · Director |
founded in 2011 |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Wijnveld 22 registered office 9240 Zele | 28-03-2024 | 2.358.181.549 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42028A1293/00F000 | 1,179 m² | 1 · 540 m² | 6.8 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1007.732.505
If something looks wrong or is missing, please tell us.