SD Concept
Open bankruptcyA bankruptcy procedure is open for SD Concept according to publications in the Belgian State Gazette; curator: ERIK GREEVE. The 2024 annual accounts show equity of €124k and a net result of €2k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
27 d late
2022
2 d late
2021
82 d late
2020
90 d late
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€124k▲ 1.4%
2023 · €122k
2018: €95k
2019: €111k
2020: €107k
2021: €112k
2022: €125k
2023: €122k
2018 → 2024
Total assets
€169k▲ 2.2%
2023 · €165k
2018: €115k
2019: €129k
2020: €121k
2021: €131k
2022: €161k
2023: €165k
2018 → 2024
Net result
€2k
2023 · €-3k
2018: €20k
2019: €19k
2020: €-4k
2021: €5k
2022: €12k
2023: €-3k
2018 → 2024
Working capital
€123k▼ 3.3%
2023 · €127k
2018: €95k
2019: €111k
2020: €107k
2021: €112k
2022: €128k
2023: €127k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€107k-€112k▲ 4.8%€125k▲ 10.8%€122k▼ 2.0%€124k▲ 1.4%
Operating result€4k-€13k▲ 186%€22k▲ 77.7%€-3k€5k
Net result€-4k-€5k€12k▲ 138%€-3k€2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169k
Fixed assets
€7k▼ 20.9%
Current assets
€162k▲ 3.5%
Equity and liabilities €169k
Equity
€124k▲ 1.4%
Debt
€45k▲ 4.4%
The debt ratio rises from 26.2% to 26.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▲
2023 · €443
Cash flow
€6k▲
2023 · €728
Solvency
73.3%▼
2023 · 73.8%
Current ratio
4.11▼
2023 · 5.27
Quick ratio
4.04▼
2023 · 5.13
Debt / equity
0.36▲
2023 · 0.35
ROE
1.4%▲
2023 · -2.0%
ROA
1.0%▲
2023 · -1.5%
Interest coverage
2.95▲
2023 · 0.20
Debt
€45k▲
2023 · €43k
Debt ≤ 1 year
€39k▲
2023 · €30k
Debt > 1 year
€6k▼
2023 · €8k
Income taxes
€346▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€165k€169k▲
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€5k▼
Furniture and vehicles24€9k€5k▼
Financial fixed assets28-€2k
Current assets29/58€157k€162k▲
Amounts receivable after more than one year29€150k€150k=
Other amounts receivable291€150k€150k=
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€814€285▼
Contracts in progress37€3k€3k▼
Amounts receivable within one year40/41€345€8k▲
Trade receivables40-€8k
Other amounts receivable41€345€338▼
Cash at bank and in hand54/58€2k€970▼
Deferred charges and accrued income490/1€177-
Equity and liabilities
Total equity and liabilities10/49€165k€169k▲
Equity10/15€122k€124k▲
Contributions10/11€15k€15k=
Reserves13€54k€55k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€52k€53k▲
Profit (loss) carried forward14€53k€54k▲
Amounts payable17/49€43k€45k▲
Amounts payable after more than one year17€8k€6k▼
Financial debts170/4€8k€6k▼
Amounts payable within one year42/48€30k€39k▲
Current portion of amounts payable after more than one year42€2k€2k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€3k€10k▲
Remuneration and social security454/9€1k-
Other amounts payable47/48€19k€22k▲
Accrued charges and deferred income492/3€5k-
Income statement
Code20232024
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€2k€11k▲
Operating profit (loss)9901€-3k€5k▲
Financial income75/76B€3k€0▼
Recurring financial income75€3k€0▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-2k€2k▲
Income taxes67/77€132€346▲
Profit (loss) for the period9904€-3k€2k▲
Profit (loss) for the period to be appropriated9905€-3k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€55k▲
Profit (loss) brought forward from the previous period14P€56k€53k▼
Transfer to equity691/2-€2k
To other reserves6921-€2k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · SD CONCEPT BV ALBERTKA- NAALBAAN 11, 2110 WIJNEGEM · event 26-05-2026
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼120%
Net result drops to €-4k, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €111k ▲16.4%
2 profitable years in a row build equity to €111k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wijnegem · 1 establishment unit since 2008
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.
Albertkanaalbaan 112110 WijnegemGround area
2,212 m²
Building footprint
517 m²
Volume, LiDAR
6,395 m³
Parcel 11050A0577/00X002, Flanders · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SD CONCEPT
since 20082.174.428.313
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0577/00X002 | Flanders | 2,212 m² | 1 · 517 m² | 16.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ERIK GREEVE KONINKLIJKE LAAN 60, 2600 BERCHEM
(ANTWERPEN) |
26-05-2026 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,931 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-10-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.