SD DRIVEN
ActiveSummary
SD DRIVEN has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135,237 and a net result of €25,531. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 42% of 1,101 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, abbreviated format
Equity
€135,237▼ 27.1%
2024 · €185,416
Total assets
€590,152▲ 2.0%
2024 · €578,799
Net result
€25,531
2024 · -€1,253
Working capital
-€8,368▲ 81.3%
2024 · -€44,677
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 803% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€42,109
2025
Net result€25,531
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€590,152
2025
Equity€135,237
2025
Debt€454,915
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€8,368
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency22.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.71
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€55,239-€63,120▲ 14.3%€54,005▼ 14.4%€7,839▼ 85.5%€68,322▲ 772%€3,919▼ 94.3%€4,665▲ 19.0%€42,109▲ 803%
Net result€35,037-€40,673▲ 16.1%€39,506above the sector's middle half▼ 2.9%€6,824within the sector's middle half▼ 82.7%€53,415above the sector's middle half▲ 683%€5,013within the sector's middle half▼ 90.6%-€1,253within the sector's middle half€25,531within the sector's middle half
Equity€41,237-€81,909▲ 98.6%€121,416above the sector's middle half▲ 48.2%€128,240above the sector's middle half▲ 5.6%€181,655above the sector's middle half▲ 41.7%€186,668within the sector's middle half▲ 2.8%€185,416within the sector's middle half▼ 0.7%€135,237within the sector's middle half▼ 27.1%
Total assets€128,124-€176,199▲ 37.5%€176,397within the sector's middle half▲ 0.1%€186,195within the sector's middle half▲ 5.6%€253,875within the sector's middle half▲ 36.3%€800,820within the sector's middle half▲ 215%€578,799within the sector's middle half▼ 27.7%€590,152within the sector's middle half▲ 2.0%
Debt€86,887-€94,290▲ 8.5%€54,981▼ 41.7%€57,955▲ 5.4%€72,220▲ 24.6%€614,152▲ 750%€393,384▼ 35.9%€454,915▲ 15.6%
Working capital€41,237-€79,269▲ 92.2%€112,901above the sector's middle half▲ 42.4%€121,564above the sector's middle half▲ 7.7%€176,818above the sector's middle half▲ 45.5%€183,670within the sector's middle half▲ 3.9%-€44,677within the sector's middle half-€8,368within the sector's middle half▲ 81.3%
Solvency32.2%-46.5%▲ 14.3pp68.8%above the sector's middle half▲ 22.3pp68.9%above the sector's middle half=71.6%above the sector's middle half▲ 2.7pp23.3%within the sector's middle half▼ 48.2pp32.0%within the sector's middle half▲ 8.7pp22.9%within the sector's middle half▼ 9.1pp
Current ratio1.47-1.84▲ 0.373.05above the sector's middle half▲ 1.213.10above the sector's middle half▲ 0.043.45above the sector's middle half▲ 0.354.81above the sector's middle half▲ 1.370.10below the sector's middle half▼ 4.720.71within the sector's middle half▲ 0.61
Return on assets (ROA)27.3%-23.1%▼ 4.3pp22.4%above the sector's middle half▼ 0.7pp3.7%within the sector's middle half▼ 18.7pp21.0%above the sector's middle half▲ 17.4pp0.6%within the sector's middle half▼ 20.4pp-0.2%within the sector's middle half▼ 0.8pp4.3%within the sector's middle half▲ 4.5pp
above
within
below
the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €590,152
Fixed assets
€569,968 ▼ 0.7%
Current assets
€20,184 ▲ 312%
Equity and liabilities €590,152
Equity
€135,237 ▼ 27.1%
Debt
€454,915 ▲ 15.6%
Debt's share of the balance-sheet total rises from 68.0% to 77.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46,040▲
2024 · €8,079
Cash flow
€29,461▲
2024 · €2,162
Debt to equity
3.36▲
2024 · 2.12
ROE
18.9%▲
2024 · -0.7%
Interest coverage
15.26▼
2024 · 19.82
Debt ≤ 1 year
€28,551▼
2024 · €49,578
Debt > 1 year
€426,364▲
2024 · €343,806
Income taxes
€13,560▲
2024 · €5,606
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €660 | €680 | €1,839 | €1,839 | €1,839 | €3,414 | €3,931 | ▲ 15.1% |
| Other operating charges640/8 | - | - | - | €586 | €2,176 | €1,051 | €2,366 | €857 | ▼ 63.8% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | - | - | - |
| Gross operating margin9900 | €56,187 | €64,475 | €57,800 | €10,264 | €72,337 | €6,810 | €10,445 | €46,897 | ▲ 349% |
| Operating profit (loss)9901 | €55,239 | €63,120 | €54,005 | €7,839 | €68,322 | €3,919 | €4,665 | €42,109 | ▲ 803% |
| Financial income75/76B | - | - | - | €2,284 | €10,913 | €9,876 | €96 | €0 | ▼ 100% |
| Recurring financial income75 | €1 | €0 | €934 | €2,284 | €10,913 | €9,876 | €96 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €591 | €252 | €666 | €408 | €3,018 | ▲ 641% |
| Recurring financial charges65 | €151 | €5,748 | €417 | €591 | €252 | €666 | €408 | €3,018 | ▲ 641% |
| Profit (loss) for the period before taxes9903 | €55,089 | €57,372 | €54,522 | €9,532 | €78,983 | €13,130 | €4,354 | €39,091 | ▲ 798% |
| Income taxes67/77 | €20,052 | €16,699 | €15,015 | €2,708 | €25,568 | €8,117 | €5,606 | €13,560 | ▲ 142% |
| Profit (loss) for the period9904 | €35,037 | €40,673 | €39,506 | €6,824 | €53,415 | €5,013 | -€1,253 | €25,531 | - |
| Profit (loss) for the period to be appropriated9905 | €35,037 | €40,673 | €39,506 | €6,824 | €53,415 | €5,013 | -€1,253 | €25,531 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €128,124 | €176,199 | €176,397 | €186,195 | €253,875 | €800,820 | €578,799 | €590,152 | ▲ 2.0% |
| Fixed assets21/28 | - | €2,641 | €8,515 | €6,676 | €4,837 | €568,998 | €573,899 | €569,968 | ▼ 0.7% |
| Tangible fixed assets22/27 | - | €2,641 | €8,515 | €6,676 | €4,837 | €2,998 | €7,899 | €3,968 | ▼ 49.8% |
| Plant, machinery and equipment23 | - | - | - | €690 | €477 | €265 | €6,792 | €3,968 | ▼ 41.6% |
| Furniture and vehicles24 | - | - | - | €5,987 | €4,360 | €2,733 | €1,107 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | - | - | - | €566,000 | €566,000 | €566,000 | = |
| Current assets29/58 | €128,124 | €173,558 | €167,882 | €179,519 | €249,038 | €231,822 | €4,901 | €20,184 | ▲ 312% |
| Amounts receivable after more than one year29 | - | - | - | €144,423 | €172,171 | €201,240 | €0 | - | - |
| Other amounts receivable291 | - | - | - | €144,423 | €172,171 | €201,240 | €0 | - | - |
| Amounts receivable within one year40/41 | €8,228 | €69,738 | €46,656 | €26,570 | €59,490 | €11,041 | €4,901 | €11,493 | ▲ 135% |
| Trade receivables40 | - | - | - | €26,570 | €59,490 | €11,041 | €4,901 | €11,493 | ▲ 135% |
| Cash at bank and in hand54/58 | €119,331 | €103,821 | €36,331 | €3,232 | €17,377 | €19,541 | €0 | €8,691 | - |
| Deferred charges and accrued income490/1 | - | - | - | €5,294 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €128,124 | €176,199 | €176,397 | €186,195 | €253,875 | €800,820 | €578,799 | €590,152 | ▲ 2.0% |
| Equity10/15 | €41,237 | €81,909 | €121,416 | €128,240 | €181,655 | €186,668 | €185,416 | €135,237 | ▼ 27.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €35,037 | €75,709 | €115,216 | €122,040 | €175,040 | €180,468 | €179,053 | €128,874 | ▼ 28.0% |
| Distributable reserves133 | - | - | - | €122,040 | €175,040 | €180,468 | €179,053 | €128,874 | ▼ 28.0% |
| Profit (loss) carried forward14 | - | - | - | - | €415 | - | €163 | €163 | = |
| Amounts payable17/49 | €86,887 | €94,290 | €54,981 | €57,955 | €72,220 | €614,152 | €393,384 | €454,915 | ▲ 15.6% |
| Amounts payable after more than one year17 | - | - | - | - | - | €566,000 | €343,806 | €426,364 | ▲ 24.0% |
| Other amounts payable178/9 | - | - | - | - | - | €566,000 | €343,806 | €426,364 | ▲ 24.0% |
| Amounts payable within one year42/48 | €86,887 | €94,290 | €54,981 | €57,955 | €72,220 | €48,152 | €49,578 | €28,551 | ▼ 42.4% |
| Financial debts43 | - | - | - | - | - | - | €9,903 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | - | €9,903 | €0 | ▼ 100% |
| Trade debts44 | €16,728 | €19,815 | €16,329 | €31,127 | €1,635 | €1,689 | €3,466 | €883 | ▼ 74.5% |
| Suppliers440/4 | - | - | - | €31,127 | €1,635 | €1,689 | €3,466 | €883 | ▼ 74.5% |
| Taxes, remuneration and social security45 | - | - | - | €26,828 | €70,585 | €36,397 | €17,208 | €27,668 | ▲ 60.8% |
| Taxes450/3 | - | - | - | €26,828 | €70,585 | €36,397 | €17,208 | €27,668 | ▲ 60.8% |
| Other amounts payable47/48 | - | - | - | €0 | - | €10,066 | €19,000 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,037 | €40,673 | €39,506 | €6,824 | €53,415 | €5,013 | -€1,253 | €25,531 | - |
| + Depreciation and write-downs630 | - | €660 | €680 | €1,839 | €1,839 | €1,839 | €3,414 | €3,931 | ▲ 15.1% |
| Operating cash flow (approximation) | €35,037 | €41,333 | €40,186 | €8,663 | €55,254 | €6,852 | €2,162 | €29,461 | ▲ 1,263% |
| Investment in fixed assets (approximation) | - | - | -€6,554 | €0 | €0 | -€566,000 | -€8,315 | €0 | - |
| Change in cash | - | -€15,510 | -€67,490 | -€33,099 | €14,146 | €2,164 | -€19,541 | €8,691 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-06-2026 | 2026-00132217 |
| 31-12-2024 | abbreviated format | 30-05-2025 | 2025-00111694 |
| 31-12-2023 | abbreviated format | 14-06-2024 | 2024-00129141 |
| 31-12-2022 | micro format | 20-05-2023 | 2023-00090288 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20419155 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65900402 |
| 31-12-2019 | micro format | 30-11-2020 | 2020-74400078 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-61300123 |
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Of the 723 active companies whose main activity is activities of independent sportspeople (NACE 93192), figures are known for 90. 65 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.