SADYS
SADYS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €15.05M and a net result of €4.03M. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 678 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €15.05M |
| Net result | €4.03M |
| Staff (FTE) | 8.6 |
| Better than sector | 42% |
Strong profile, led by stability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 35.7% | 44.9% | |
| Net result | €4.03M | €48k | |
| Equity | €15.05M | €1.36M | |
| Staff costs | €773k | €197k | |
| Employees (FTE) | 8.6 | 1.4 |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €4.03M |
| Cash flow | n/a |
| Staff costs | €773k |
| Income taxes | €26k |
| Dividends | - |
| Total assets | €42.20M |
| Equity | €15.05M |
| Debt | €27.15M |
| of which ≤ 1y | €27.15M |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | 8.6 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 35.7% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 9.5% |
| ROE | 26.8% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €42.20M |
| Fixed assets | 21/28 | €10.22M |
| Tangible fixed assets | 22/27 | €11k |
| Financial fixed assets | 28 | €10.21M |
| Current assets | 29/58 | €31.98M |
| Amounts receivable within one year | 40/41 | €1.09M |
| Investments | 50/53 | €29.50M |
| Cash & bank | 54/58 | €1.18M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42.20M |
| Equity | 10/15 | €15.05M |
| Contributions / capital | 10/11 | €2.16M |
| Reserves | 13 | €1.54M |
| Accumulated profits (losses) | 14 | €11.34M |
| Amounts payable | 17/49 | €27.15M |
| Amounts payable within one year | 42/48 | €27.15M |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Turnover | 70 | €926k |
| Operating result | 9901 | €155k |
| Financial income | 75 | €5.08M |
| Financial charges | 65 | €1.15M |
| Result before taxes | 9903 | €4.06M |
| Income taxes | 67/77 | €26k |
| Net result for the period | 9904 | €4.03M |
| Result to be appropriated | 9905 | €4.03M |
| NACE primary | Financial services(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 15-06-1990 |
| Status | Active |
| Postal code | 9770 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017C0768/00F000 | Flanders | 7,817 m² | 1 · 2,489 m² | 7.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-12-2024 Steven T'Jollyn reappointed as statutory auditor
- Steven T'Jollyn, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
"rrn": "IBR A02215",
"name": "Steven T\u0027Jollyn",
"address": "Kwadestraat 151\u0410 bus 42 te 8800 Roeselare",
"birth_date": null,
"profession": "bedrijfsrevisor",
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": "0462.836.191",
"name": "BV VRC Bedrijfsrevisoren",
"address": "Lichterveldestraat 39A te 8820 Torhout",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": "2024-01-01",
"evidence_quote": "Er blijkt uit het verslag van de jaarvergadering van 17 juli 2024 dat als commissaris van de vennootschap wordt herbenoemd, de BV VRC Bedrijfsrevisoren, BE 0462.836.191, Lichterveldestraat 39A te 8820 Torhout, vertegenwoordigd door de heer Steven T\u0027Jollyn (lidnummer IBR A02215), bedrijfsrevisor, Kwa",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "3"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-12-09",
"filing_date": "2024-07-17",
"act_kind_objet": "HERBENOEMING COMMISSARIS"
},
"decisions": [
{
"body": "jaarvergadering",
"date": "2024-07-17",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0440.739.888",
"name_full": "SADYS",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "CommV HUSCON",
"person_name": null,
"org_rep_person_name": "St\u00E9phanie Huys",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}12-01-2024 Capital decrease of €881,559.16 to €2,163,459.84
- €3.045.019 → €2.163.459,84
Technical details
{
"events": [
{
"kind": "capital_decrease",
"after_eur": 2163459.84,
"delta_eur": -881559.16,
"before_eur": 3045019.0,
"share_emission": {
"agio_eur": null,
"share_form": "no_nominal_value",
"share_class": null,
"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": "distribution_to_shareholders",
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": 3045019.0,
"statutory_unavailable_equity_op": "convert_to_apports_non_appeles"
}
],
"notary": {
"name": "Sofie Vermeersch",
"firm_city": null,
"firm_name": null,
"office_city": "Oudenburg",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-12",
"filing_date": "2024-01-10",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-12-27",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2023-12-27"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0440.739.888",
"name_full": "SADYS",
"legal_form": "Naamloze vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition van de akte",
"geco\u00F6rdineerde tekst der statuten"
],
"shareholders_after": [],
"share_classes_after": [
{
"n_shares": 18104,
"class_name": "aandelen zonder vermelding van waarde",
"capital_share_eur": 2163459.84,
"voting_rights_per_share": 1.0
}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SADYS |