SD CONSULT
ActiveSummary
SD CONSULT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €55k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 41% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▲+83
Solvency68▼-23
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 3.29 in 2024; short-term debt: 56.9% and cash: 1.1% of total assets), but 56.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
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
43.1%
Return on assets
19.6%
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 27-08-2026, 27 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 · 7 filingsDeviation from the deadline
2025
27 d late
2024
57 d late
2023
7 d early
2022
7 d early
2021
3 d early
2020
4 d early
2019
on the day
← 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
€122k▲ 83.4%
2024 · €66k
2019: €25klowest in 7 years
2020: €49k▲ +94.6% vs 2019
2021: €34k▼ -30.4% vs 2020
2022: €61k▲ +80.2% vs 2021
2023: €74k▲ +21.1% vs 2022
2024: €66k▼ -9.9% vs 2023
2025: €122k▲ +83.4% vs 2024highest in 7 years
2019 → 2025
Total assets
€283k▲ 179%
2024 · €101k
2019: €131k
2020: €94k▼ -28.7% vs 2019
2021: €89k▼ -4.6% vs 2020lowest in 7 years
2022: €102k▲ +14.6% vs 2021
2023: €129k▲ +25.9% vs 2022
2024: €101k▼ -21.4% vs 2023
2025: €283k▲ +179% vs 2024highest in 7 years
2019 → 2025
Net result
€55k
2024 · €-7k
2019: €13k
2020: €26k▲ +110% vs 2019
2021: €-15k▼ -156% vs 2020lowest in 7 years
2022: €27k▲ +283% vs 2021
2023: €13k▼ -52.6% vs 2022
2024: €-7k▼ -157% vs 2023
2025: €55k▲ +863% vs 2024highest in 7 years
2019 → 2025
Working capital
€120k▲ 80.5%
2024 · €66k
2019: €-6klowest in 7 years
2020: €61k▲ +1102% vs 2019
2021: €33k▼ -45.6% vs 2020
2022: €60k▲ +82.3% vs 2021
2023: €68k▲ +12.2% vs 2022
2024: €66k▼ -1.9% vs 2023
2025: €120k▲ +80.5% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€61k▲ 80.2%€74k▲ 21.1%€66k▼ 9.9%€122k▲ 83.4%
2021: €34klowest in 5 years
2022: €61k▲ +80.2% vs 2021
2023: €74k▲ +21.1% vs 2022
2024: €66k▼ -9.9% vs 2023
2025: €122k▲ +83.4% vs 2024highest in 5 years
Operating result€-14k-€34k€18k▼ 47.8%€-9k€76k
2021: €-14klowest in 5 years
2022: €34k▲ +338% vs 2021
2023: €18k▼ -47.8% vs 2022
2024: €-9k▼ -150% vs 2023
2025: €76k▲ +951% vs 2024highest in 5 years
Net result€-15k-€27k€13k▼ 52.6%€-7k€55k
2021: €-15klowest in 5 years
2022: €27k▲ +283% vs 2021
2023: €13k▼ -52.6% vs 2022
2024: €-7k▼ -157% vs 2023
2025: €55k▲ +863% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €76k after a loss of €9k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €283k
Fixed assets
€2k ▼ 63.3%
Current assets
€280k ▲ 195%
Equity and liabilities €283k
Equity
€122k ▲ 83.4%
Debt
€161k ▲ 360%
Debt's share of the balance-sheet total rises from 34.5% to 56.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80k▲
2024 · €-4k
Cash flow
€59k▲
2024 · €-2k
Current ratio
1.74▼
2024 · 3.29
Debt to equity
1.32▲
2024 · 0.53
ROE
45.5%▲
2024 · -10.9%
ROA
19.6%▲
2024 · -7.2%
Interest coverage
176.91▲
2024 · -3.31
Debt ≤ 1 year
€161k▲
2024 · €29k
Income taxes
€21k▲
2024 · €252
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€101k€283k▲
Fixed assets21/28€6k€2k▼
Tangible fixed assets22/27€6k€2k▼
Furniture and vehicles24€6k€2k▼
Current assets29/58€95k€280k▲
Amounts receivable after more than one year29€32k€53k▲
Other amounts receivable291€32k€53k▲
Amounts receivable within one year40/41€60k€224k▲
Trade receivables40€43k€159k▲
Other amounts receivable41€17k€65k▲
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€252€95▼
Equity and liabilities
Total equity and liabilities10/49€101k€283k▲
Equity10/15€66k€122k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€54k€109k▲
Amounts payable17/49€35k€161k▲
Amounts payable within one year42/48€29k€161k▲
Current portion of amounts payable after more than one year42€778-
Trade debts44€22k€125k▲
Suppliers440/4€22k€125k▲
Taxes, remuneration and social security45€2k€22k▲
Taxes450/3€252€22k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€4k€14k▲
Accrued charges and deferred income492/3€6k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€2k-
Gross operating margin9900€-2k€80k▲
Operating profit (loss)9901€-9k€76k▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€1k€450▼
Recurring financial charges65€1k€450▼
Profit (loss) for the period before taxes9903€-7k€77k▲
Income taxes67/77€252€21k▲
Profit (loss) for the period9904€-7k€55k▲
Profit (loss) for the period to be appropriated9905€-7k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€109k▲
Profit (loss) brought forward from the previous period14P€61k€54k▼
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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €554 | €1k | €3k | €5k | €4k | ▼ 23.5% |
| Other operating charges640/8 | - | €735 | €776 | €2k | - | - |
| Gross operating margin9900 | €-13k | €36k | €21k | €-2k | €80k | ▲ 3,921% |
| Operating profit (loss)9901 | €-14k | €34k | €18k | €-9k | €76k | ▲ 951% |
| Financial income75/76B | - | €670 | €432 | €3k | €1k | ▼ 52.8% |
| Recurring financial income75 | €2k | €670 | €432 | €3k | €1k | ▼ 52.8% |
| Financial charges65/66B | - | €2k | €395 | €1k | €450 | ▼ 60.5% |
| Recurring financial charges65 | €2k | €2k | €395 | €1k | €450 | ▼ 60.5% |
| Profit (loss) for the period before taxes9903 | €-14k | €32k | €18k | €-7k | €77k | ▲ 1,194% |
| Income taxes67/77 | €340 | €5k | €5k | €252 | €21k | ▲ 8,325% |
| Profit (loss) for the period9904 | €-15k | €27k | €13k | €-7k | €55k | ▲ 863% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €27k | €13k | €-7k | €55k | ▲ 863% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89k | €102k | €129k | €101k | €283k | ▲ 179% |
| Formation expenses20 | €373 | €186 | - | - | - | - |
| Fixed assets21/28 | €367 | €9k | €9k | €6k | €2k | ▼ 63.3% |
| Tangible fixed assets22/27 | €367 | €9k | €9k | €6k | €2k | ▼ 63.3% |
| Furniture and vehicles24 | - | €9k | €9k | €6k | €2k | ▼ 63.3% |
| Current assets29/58 | €89k | €93k | €120k | €95k | €280k | ▲ 195% |
| Amounts receivable after more than one year29 | - | €27k | €22k | €32k | €53k | ▲ 64.7% |
| Other amounts receivable291 | - | €27k | €22k | €32k | €53k | ▲ 64.7% |
| Amounts receivable within one year40/41 | €47k | €62k | €96k | €60k | €224k | ▲ 272% |
| Trade receivables40 | - | €51k | €73k | €43k | €159k | ▲ 268% |
| Other amounts receivable41 | - | €12k | €23k | €17k | €65k | ▲ 283% |
| Cash at bank and in hand54/58 | €1k | €3k | €2k | €2k | €3k | ▲ 21.0% |
| Deferred charges and accrued income490/1 | - | €1k | - | €252 | €95 | ▼ 62.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89k | €102k | €129k | €101k | €283k | ▲ 179% |
| Equity10/15 | €34k | €61k | €74k | €66k | €122k | ▲ 83.4% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Profit (loss) carried forward14 | €21k | €48k | €61k | €54k | €109k | ▲ 103% |
| Amounts payable17/49 | €56k | €42k | €55k | €35k | €161k | ▲ 360% |
| Amounts payable after more than one year17 | - | €5k | €2k | - | - | - |
| Financial debts170/4 | - | €5k | €2k | - | - | - |
| Amounts payable within one year42/48 | €56k | €33k | €53k | €29k | €161k | ▲ 456% |
| Current portion of amounts payable after more than one year42 | - | €3k | €3k | €778 | - | - |
| Trade debts44 | €43k | €22k | €38k | €22k | €125k | ▲ 467% |
| Suppliers440/4 | - | €22k | €38k | €22k | €125k | ▲ 467% |
| Taxes, remuneration and social security45 | - | €8k | €11k | €2k | €22k | ▲ 1,128% |
| Taxes450/3 | - | €8k | €11k | €252 | €22k | ▲ 8,425% |
| Remuneration and social security454/9 | - | - | - | €2k | - | - |
| Other amounts payable47/48 | - | - | - | €4k | €14k | ▲ 227% |
| Accrued charges and deferred income492/3 | - | €3k | €566 | €6k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €27k | €13k | €-7k | €55k | ▲ 863% |
| + Depreciation and write-downs630 | €554 | €1k | €3k | €5k | €4k | ▼ 23.5% |
| Operating cash flow (approximation) | €-14k | €29k | €16k | €-2k | €59k | ▲ 2,876% |
| Investment in fixed assets (approximation) | - | €-10k | €-3k | €-2k | €0 | ▲ 100% |
| Change in cash | - | €2k | €-775 | €68 | €518 | ▲ 663% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
31-12
Financial
Equity above €100kEq €122k ▲83.4%
Equity rises from €66k to €122k.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity quadruplescurrent ratio 2.91
Current ratio from 0.81 to 2.91; short-term debt falls from €32k to €32k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Ferrières · 1 establishment unit since 2019
Ground area
520 m²
Building footprint
139 m²
Volume, LiDAR
837 m³
Parcel 61313B0156/00P000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SD CONSULT
since 20192.283.656.944
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61313B0156/00P000 | Wallonia | 520 m² | 1 · 139 m² | 8.2 m · 2 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.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,537 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
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.