SD CONCEPT
InactiveSD CONCEPT was declared bankrupt on 08-11-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 03-02-2026, published in the Belgian State Gazette on 16-02-2026.
Summary
Inactive; last annual accounts for fiscal year 2024.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 30-04-2025 was due at the National Bank by 30-11-2025. Nothing is on record, 298 days later.
NBB · 9 filingsPosition against the passed deadline
30-04-2025 close30-11-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-04-2024 was due by 30-11-2024 and was filed on 06-05-2025, 157 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
157 d late
2023
on the day
2022
1 d early
2021
6 d early
2020
10 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€78k▼ 81.3%
2023 · €418k
2019: €232k
2020: €200k
2021: €88k
2022: €295k
2023: €418k
2019 → 2024
EBIT margin
-117.4%▼ 119.3pp
2023 · 1.9%
2019: 4.3%
2020: 2.2%
2021: 5.8%
2022: 2.8%
2023: 1.9%
2019 → 2024
Net result
€-95k▼ 785%
2023 · €-11k
2019: €791
2020: €4k
2021: €2k
2022: €84
2023: €-11k
2019 → 2024
Working capital
€-76k
2023 · €10k
2019: €10k
2020: €18k
2021: €20k
2022: €20k
2023: €10k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€200k-€88k▼ 56.1%€295k▲ 236%€418k▲ 41.6%€78k▼ 81.3%
Equity€19k-€21k▲ 11.5%€21k▲ 0.4%€10k▼ 51.6%€-76k
Operating result€4k-€5k▲ 17.6%€8k▲ 60.8%€8k▼ 1.5%€-92k
Net result€4k-€2k▼ 51.9%€84▼ 96.1%€-11k€-95k▼ 785%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €92k after €8k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35k
Fixed assets
€250 ▼ 33.3%
Current assets
€34k ▼ 18.4%
Key figures and ratios
EBITDA
€-92k▼
2023 · €8k
Cash flow
€-95k▼
2023 · €-11k
Solvency
-219.9%▼
2023 · 23.7%
Current ratio
0.31▼
2023 · 1.30
Debt to equity
-1.45▼
2023 · 3.22
ROA
-274.7%▼
2023 · -25.3%
Interest coverage
-27.53▼
2023 · 0.44
Debt
€111k▲
2023 · €32k
Debt ≤ 1 year
€111k▲
2023 · €32k
Staff costs
€82k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€42k€35k▼
Fixed assets21/28€375€250▼
Tangible fixed assets22/27€375€250▼
Plant, machinery and equipment23€375€250▼
Current assets29/58€42k€34k▼
Amounts receivable within one year40/41€34k€32k▼
Trade receivables40€32k€30k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€42k€35k▼
Equity10/15€10k€-76k▼
Contributions10/11€9k€18k▲
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-710€-96k▼
Amounts payable17/49€32k€111k▲
Amounts payable within one year42/48€32k€111k▲
Trade debts44€32k€29k▼
Suppliers440/4€32k€29k▼
Taxes, remuneration and social security45-€82k
Remuneration and social security454/9-€82k
Income statement
Code20232024
Turnover70€418k€78k▼
Goods, raw materials, services and sundry goods60/61€408k€88k▼
Remuneration, social security and pensions62-€82k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125€125=
Other operating charges640/8€2k€426▼
Gross operating margin9900€10k€-10k▼
Operating profit (loss)9901€8k€-92k▼
Financial income75/76B€0€36▲
Recurring financial income75€0€36▲
Financial charges65/66B€19k€3k▼
Recurring financial charges65€19k€3k▼
Profit (loss) for the period before taxes9903€-11k€-95k▼
Profit (loss) for the period9904€-11k€-95k▼
Profit (loss) for the period to be appropriated9905€-11k€-95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-710€-96k▼
Profit (loss) brought forward from the previous period14P€10k€-710▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-02
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · SD CONCEPT CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE. déclarée le 8 novembre 2024 · event 03-02-2026
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 157 days late
2024
26-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL SD CONCEPT, chaussée d’Alsem- berg 842, 1180 Bruxelles · event 08-11-2024
30-04
Financial
Weakest financial yearnet €-95k
Net result drops to €-95k, the lowest in the series.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-04
Financial
Highest result since 2019net €4k ▲462%
Net result €4k, the highest in the series.
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMILIE MICHEL avocat à 1180 Bruxelles, avenue de
Fré 229 () |
08-11-2024 → 03-02-2026 |