SADI CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SADI CONSTRUCT is 2.3% (moderate). The 2025 annual accounts show equity of €29k and a net result of €15k. Its solvency ranks better than 95% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 9.38 against 2.48 in 2024; short-term debt: 8.1% and cash: 18.3% of total assets), and 8.1% of the assets are financed with debt.
Credit check 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 · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
91.9%
Return on assets
45.4%
Age of the figures
9 mo
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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 97.5%
2024 · €15k
2024: €15k
2025: €29k▲ +97.5% vs 2024
2024 → 2025
Total assets
€32k▲ 73.8%
2024 · €18k
2024: €18k
2025: €32k▲ +73.8% vs 2024
2024 → 2025
Net result
€15k▲ 8.4%
2024 · €13k
2024: €13k
2025: €15k▲ +8.4% vs 2024
2024 → 2025
Working capital
€22k▲ 317%
2024 · €5k
2024: €5k
2025: €22k▲ +317% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€15k-€29k▲ 97.5%
2024: €15k
2025: €29k▲ +97.5% vs 2024
Operating result€13k-€15k▲ 12.0%
2024: €13k
2025: €15k▲ +12.0% vs 2024
Net result€13k-€15k▲ 8.4%
2024: €13k
2025: €15k▲ +8.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets
€8k ▼ 21.7%
Current assets
€24k ▲ 179%
Equity and liabilities €32k
Equity
€29k ▲ 97.5%
Debt
€3k ▼ 26.2%
Debt's share of the balance-sheet total falls from 19.2% to 8.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €14k
Cash flow
€17k▲
2024 · €14k
Current ratio
9.38▲
2024 · 2.48
Debt to equity
0.09▼
2024 · 0.24
ROE
49.4%▼
2024 · 89.9%
ROA
45.4%▼
2024 · 72.7%
Interest coverage
32.74▼
2024 · 327.35
Debt ≤ 1 year
€3k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18k€32k▲
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Furniture and vehicles24€10k€8k▼
Current assets29/58€9k€24k▲
Amounts receivable within one year40/41€8k€19k▲
Trade receivables40€8k€3k▼
Other amounts receivable41-€16k
Cash at bank and in hand54/58€547€6k▲
Equity and liabilities
Total equity and liabilities10/49€18k€32k▲
Equity10/15€15k€29k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€13k€28k▲
Amounts payable17/49€4k€3k▼
Amounts payable within one year42/48€4k€3k▼
Trade debts44€952€527▼
Suppliers440/4€952€527▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€2k€2k=
Remuneration and social security454/9€500-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€843€2k▲
Gross operating margin9900€14k€17k▲
Operating profit (loss)9901€13k€15k▲
Financial charges65/66B€44€524▲
Recurring financial charges65€44€524▲
Profit (loss) for the period before taxes9903€13k€15k▲
Profit (loss) for the period9904€13k€15k▲
Profit (loss) for the period to be appropriated9905€13k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€28k▲
Profit (loss) brought forward from the previous period14P-€13k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €843 | €2k | ▲ 149% |
| Gross operating margin9900 | €14k | €17k | ▲ 20.1% |
| Operating profit (loss)9901 | €13k | €15k | ▲ 12.0% |
| Financial charges65/66B | €44 | €524 | ▲ 1,101% |
| Recurring financial charges65 | €44 | €524 | ▲ 1,101% |
| Profit (loss) for the period before taxes9903 | €13k | €15k | ▲ 8.4% |
| Profit (loss) for the period9904 | €13k | €15k | ▲ 8.4% |
| Profit (loss) for the period to be appropriated9905 | €13k | €15k | ▲ 8.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €18k | €32k | ▲ 73.8% |
| Fixed assets21/28 | €10k | €8k | ▼ 21.7% |
| Tangible fixed assets22/27 | €10k | €8k | ▼ 21.7% |
| Furniture and vehicles24 | €10k | €8k | ▼ 21.7% |
| Current assets29/58 | €9k | €24k | ▲ 179% |
| Amounts receivable within one year40/41 | €8k | €19k | ▲ 126% |
| Trade receivables40 | €8k | €3k | ▼ 67.2% |
| Other amounts receivable41 | - | €16k | - |
| Cash at bank and in hand54/58 | €547 | €6k | ▲ 971% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €18k | €32k | ▲ 73.8% |
| Equity10/15 | €15k | €29k | ▲ 97.5% |
| Contributions10/11 | €2k | €2k | = |
| Profit (loss) carried forward14 | €13k | €28k | ▲ 108% |
| Amounts payable17/49 | €4k | €3k | ▼ 26.2% |
| Amounts payable within one year42/48 | €4k | €3k | ▼ 26.2% |
| Trade debts44 | €952 | €527 | ▼ 44.6% |
| Suppliers440/4 | €952 | €527 | ▼ 44.6% |
| Taxes, remuneration and social security45 | €3k | €2k | ▼ 19.4% |
| Taxes450/3 | €2k | €2k | = |
| Remuneration and social security454/9 | €500 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €15k | ▲ 8.4% |
| + Depreciation and write-downs630 | €843 | €2k | ▲ 149% |
| Operating cash flow (approximation) | €14k | €17k | ▲ 16.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €5k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 9.38
Current ratio from 2.48 to 9.38; short-term debt falls from €4k to €3k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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 2022
Ground area
88 m²
Building footprint
60 m²
Volume, LiDAR
591 m³
Parcel 92322G0390/00B000, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SADI CONSTRUCT
since 20222.358.934.486
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92322G0390/00B000 | Wallonia | 88 m² | 1 · 60 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,231. 2,208 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43221Plumbing work
43230Insulation installation
43320Joinery installation
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.