SBDAK
InactiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 05-12-2025 PDF all 3 filings
Turnover
≈ €60,000
Estimated: probably between €28,000 and €140,000
Total assets
€111,449▲ 6.0%
2024 · €105,092
Net result
€4,698▼ 80.8%
2024 · €24,463
Working capital
€80,211▼ 3.1%
2024 · €82,812
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€7,368
▼ 76.2%
2025
20232025
Net result
€4,698
▼ 80.8%
2025
20232025
Equity
€80,211
▲ 6.2%
2025
20232025
Total assets
€111,449
▲ 6.0%
2025
20232025
Debt
€31,238
▲ 5.6%
2025
20232025
Working capital
€80,211
▼ 3.1%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€60,284-€30,960▼ 48.6%€7,368▼ 76.2%
Net result€48,051-€24,463▼ 49.1%€4,698▼ 80.8%
Equity€51,051-€75,513▲ 47.9%€80,211▲ 6.2%
Total assets€62,760-€105,092▲ 67.5%€111,449▲ 6.0%
Debt€11,709-€29,579▲ 153%€31,238▲ 5.6%
Working capital€51,051-€82,812▲ 62.2%€80,211▼ 3.1%
The operating result for 2025 is 76% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €111,449
Equity
€80,211 ▲ 6.2%
Debt
€31,238 ▲ 5.6%
Debt's share of the balance-sheet total falls from 28.1% to 28.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.57▼
2024 · 4.72
Quick ratio
3.18▼
2024 · 3.43
Debt to equity
0.39▼
2024 · 0.39
ROE
5.9%▼
2024 · 32.4%
ROA
4.2%▼
2024 · 23.3%
Debt ≤ 1 year
€31,238▲
2024 · €22,280
Income taxes
€2,472▼
2024 · €6,437
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €217 | - |
| Remuneration, social security and pensions62 | €619 | - | - | - |
| Other operating charges640/8 | €348 | €675 | €534 | ▼ 20.8% |
| Gross operating margin9900 | €61,250 | €31,635 | €7,902 | ▼ 75.0% |
| Operating profit (loss)9901 | €60,284 | €30,960 | €7,368 | ▼ 76.2% |
| Financial income75/76B | - | €0 | €9 | ▲ 310× |
| Recurring financial income75 | - | €0 | €9 | ▲ 310× |
| Financial charges65/66B | €60 | €61 | €207 | ▲ 242% |
| Recurring financial charges65 | €60 | €61 | €207 | ▲ 242% |
| Profit (loss) for the period before taxes9903 | €60,223 | €30,899 | €7,170 | ▼ 76.8% |
| Income taxes67/77 | €12,172 | €6,437 | €2,472 | ▼ 61.6% |
| Profit (loss) for the period9904 | €48,051 | €24,463 | €4,698 | ▼ 80.8% |
| Profit (loss) for the period to be appropriated9905 | €48,051 | €24,463 | €4,698 | ▼ 80.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €62,760 | €105,092 | €111,449 | ▲ 6.0% |
| Current assets29/58 | €62,760 | €105,092 | €111,449 | ▲ 6.0% |
| Stocks and contracts in progress3 | - | €28,700 | €12,000 | ▼ 58.2% |
| Stocks30/36 | - | €28,700 | €12,000 | ▼ 58.2% |
| Amounts receivable within one year40/41 | €23,672 | €22,863 | €15,090 | ▼ 34.0% |
| Trade receivables40 | €20,189 | €22,863 | €12,563 | ▼ 45.1% |
| Other amounts receivable41 | €3,483 | - | €2,528 | - |
| Cash at bank and in hand54/58 | €38,816 | €53,530 | €83,941 | ▲ 56.8% |
| Deferred charges and accrued income490/1 | €272 | - | €417 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €62,760 | €105,092 | €111,449 | ▲ 6.0% |
| Equity10/15 | €51,051 | €75,513 | €80,211 | ▲ 6.2% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €48,051 | €72,513 | €77,211 | ▲ 6.5% |
| Amounts payable17/49 | €11,709 | €29,579 | €31,238 | ▲ 5.6% |
| Amounts payable within one year42/48 | €11,709 | €22,280 | €31,238 | ▲ 40.2% |
| Trade debts44 | €272 | €3,152 | €3,646 | ▲ 15.7% |
| Suppliers440/4 | €272 | €3,152 | €3,646 | ▲ 15.7% |
| Taxes, remuneration and social security45 | €2,172 | €2,437 | €2,420 | ▼ 0.7% |
| Taxes450/3 | €2,172 | €2,437 | €2,420 | ▼ 0.7% |
| Other amounts payable47/48 | €9,265 | €16,692 | €25,172 | ▲ 50.8% |
| Accrued charges and deferred income492/3 | €0 | €7,299 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,051 | €24,463 | €4,698 | ▼ 80.8% |
| Operating cash flow (approximation) | €48,051 | €24,463 | €4,698 | ▼ 80.8% |
| Change in cash | - | €14,714 | €30,412 | ▲ 107% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.