Equity
€17,280 ▲ 7.0%
SD Electronics has made a profit in every financial year since 2023.
SD Electronics
Overview
Lifetime
3 annual accounts with figures on one time axispeak €17,596 (2023)
€6,862▲ 8.1%
peak €12,293 (2023)
€1,129▼ 16.9%
peak €17,280 (2025)
€17,280▲ 7.0%
€6,874▼ 55.3%
Board2 names since 2023
1 directorDecock Sven
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Registered office moved from Herselt to Begijnendijk 08-01Debts from €15,372 to €6,874Cash from €10,664 to €4,944
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 46% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%▲ +0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 3.40, cash €4,944, halved
Figures for financial year 2025 (filed on 06-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 65% of them on solvency, 47% on liquidity, 18% on profitability and 53% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,546 companies had the same profile as SD Electronics has now. Each dot stands for 7 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SD Electronics itself is lower: 0.1% within 12 months. It rests on far more data about SD Electronics than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,546 companies, not a prediction for SD Electronics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.4 (1.98 in 2024), above the usual 1.5. Short-term debt is 28.5% and cash 20.5% of total assets. 28.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 days early
2024
125 days early
2023
42 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 56 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (3 of the last 3 accounts filed within 84 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0800466764
Registered office moved from Herselt to Begijnendijk
New registered office: Strooiselhoeve 8 te 3130 Begijnendijk · Previous registered office: Schoolstraat 8 te 2230 Herselt · General meeting of 03-09-2024 · Gazette deed
Incorporation
Founding capital of €2,500, 250 shares · Founder: Decock Sven · Appointments: Decock Sven (director) and VANROY Steffie (director) · published on 07-04-2023 · Gazette deed
First establishment
Strooiselhoeve 8, Begijnendijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SD Electronics Begijnendijk | €24,154 | €6,862 | 71.5% | - |
| CONSULT HABIB Molenbeek-Saint-Jean | €26,029 | €6,409 | 17.5% | - |
| SILVER STAR ENTERPRISE Roeselare | €28,220 | €6,492 | 65.4% | - |
| METALAB CONSULTANTS Bruges | €21,935 | €6,882 | 28.0% | - |
| CARE4IT Alken | €25,832 | €8,785 | 57.2% | - |
| LUCKY COOKIE Geel | €25,010 | €5,275 | 47.1% | - |
| EV Project Haaltert | €23,692 | €8,790 | 58.8% | - |
These companies have the same main activity as SD Electronics: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €21,900 and €28,200, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 05-04-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.343.711.8223130 Begijnendijk, since 05-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-11-2025
Annual accounts 2025
- €6,862▲ 8.1%
- €1,129▼ 16.9%
- €17,280▲ 7.0%
- €24,154▼ 23.4%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on SD Electronics
SD Electronics files the micro format. That format states no turnover. The gross margin fell from €17,596 in 2023 to €6,862 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-07-2026, 2 days before the deadline€6,862
▲ 8.1%
€5,647
▲ 9.3%
€1,129
▼ 16.9%
€16,517
▲ 9.4%
71.5%
▲ 20.3 percentage points
3.40
▲ 1.42
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €37,000. Estimated: probably between €18,000 and €72,000.
Balance sheet
balance sheet total €24,154 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
71.5%
Higher than 63% of 21,205 companies in 2025.
3.40
Higher than 62% of 20,568 companies in 2025.
4.7%
Higher than 25% of 20,743 companies in 2025.
SD Electronics
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
24,154 | 31,524 | 30,239 | |
21/28 |
763 | 1,051 | 1,339 | |
22/27 |
763 | 1,051 | 1,339 | |
24 |
763 | 1,051 | 1,339 | |
29/58 |
23,391 | 30,473 | 28,900 | |
40/41 |
18,447 | 19,809 | 13,439 | |
40 |
14,103 | 14,127 | 13,277 | |
41 |
4,344 | 5,682 | 162 | |
54/58 |
4,944 | 10,664 | 15,413 | |
490/1 |
- | - | 48 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
24,154 | 31,524 | 30,239 | |
10/15 |
17,280 | 16,151 | 14,793 | |
10/11 |
2,500 | 2,500 | 2,500 | |
13 |
14,780 | 13,651 | 12,293 | |
133 |
14,780 | 13,651 | 12,293 | |
17/49 |
6,874 | 15,372 | 15,446 | |
42/48 |
6,874 | 15,372 | 15,446 | |
43 |
449 | - | - | |
430/8 |
449 | - | - | |
44 |
2,030 | 7,975 | 3,318 | |
440/4 |
2,030 | 7,975 | 3,318 | |
45 |
4,375 | 1,338 | 5,241 | |
450/3 |
4,375 | 1,338 | 3,687 | |
454/9 |
- | - | 1,554 | |
47/48 |
20 | 6,059 | 6,887 | |
| Income statement | ||||
9900 |
6,862 | 6,346 | 17,596 | |
62 |
13 | - | - | |
630 |
288 | 288 | 102 | |
640/8 |
914 | 891 | 676 | |
9901 |
5,647 | 5,167 | 16,819 | |
75/76B |
3 | - | 0 | |
75 |
3 | - | 0 | |
65/66B |
3,630 | 2,804 | 1,026 | |
65 |
3,630 | 2,804 | 1,026 | |
9903 |
2,020 | 2,363 | 15,793 | |
67/77 |
892 | 1,005 | 3,500 | |
9904 |
1,129 | 1,359 | 12,293 | |
9905 |
1,129 | 1,359 | 12,293 | |
| Appropriation of the result | ||||
9906 |
1,129 | 1,359 | 12,293 | |
691/2 |
1,129 | 1,359 | 12,293 | |
6921 |
1,129 | 1,359 | 12,293 | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2025, 1 entry, €210 awarded, €210 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 5,935 | 5,455 | 16,921 | ||
| 1,417 | 1,647 | 12,395 | ||
| 0 | 0 | 1,441 | ||
| -5,720 | -4,749 | - | ||
| 16,517 | 15,101 | 13,454 | ||
| 71.5% | 51.2% | 48.9% | ||
| 3.40 | 1.98 | 1.87 | ||
| 0.40 | 0.95 | 1.04 | ||
| 6.5% | 8.4% | 83.1% | ||
| 4.7% | 4.3% | 40.7% | ||
| 1.64 | 1.95 | 16.49 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €1,441 |
| €288 | €288 | €102 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on SD Electronics
The operating result for 2025 is 9% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 48.8% to 28.5%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 07-04-2023
Mandates through the years
2 names, the dashed line is todayDecock Sven
Director
Director
VANROY Steffie
Director (not named in the articles)
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
- Decock Sven
- Director, from 05-04-2023 to date
- VANROY Steffie
- Director (not named in the articles), appointed by deed of 07-04-2023, no longer listed in the 2025 annual accounts
Control
Capital
- Contribution
- €2,500
- Shares
- 250
- Contribution per share
- €10
- Equity per share
- €69.12 in 2025
- Source
- deed of 07-04-2023
Articles of association
deed of 07-04-2023 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Shareholders
At incorporation
deed of 07-04-2023 ↗
- Decock Sven 250 shares (100%) · €2,500
Network & group
No group
SD Electronics has no parent and no holdings in its annual accounts. Decock Sven is the only director. SD Electronics shares no director with another company.
The LEI register names no parent.
At the same address
Strooiselhoeve 8, 3130 Begijnendijk · 1 other company| Vanroy, Steffie (sole trader)
establishment since 01-07-2026 |
founded in 2026 1038.763.003 |
Timeline
Timeline
7 events since 2023Filings
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 2 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0800466764
Annual accounts 2024 filed PDFmicro format · 125 days before the deadline
Registered office moved from Herselt to BegijnendijkNew registered office: Strooiselhoeve 8 te 3130 Begijnendijk · Previous registered office: Schoolstraat 8 te 2230 Herselt · General meeting of 03-09-20242 points ▸
- General meeting, 03-09-2024
- Registered-office move, Strooiselhoeve 8 te 3130 Begijnendijk
2024
Annual accounts 2023 filed PDFmicro format · 42 days before the deadline
2023
IncorporationFounding capital of €2,500, 250 shares · Founder: Decock Sven · Appointments: Decock Sven (director) and VANROY Steffie (director) · published on 07-04-20234 points ▸
- Founder, Decock Sven
- Founding capital, €2,500, 250 shares
- Director appointment, Decock Sven
- Director appointment, VANROY Steffie (director (not named in the articles))
- The deed holds 1 more point.
First establishment Strooiselhoeve 8, Begijnendijk
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
SD Electronics was incorporated on 5 April 2023 as a private limited company by one natural person, with a starting capital of €2,500.12 The registered office was moved to Begijnendijk in 2025.3 Since 2023, Decock Sven has served as director.4 Total assets fell from €30,239 in 2023 to €24,154 in 2025.5
Company details
Identity
- Enterprise number
- 0800.466.764
- VAT number
- BE 0800.466.764
- Peppol ID
- 0208:0800466764
- Other Peppol ID
- 9925:BE0800466764
- LEI code
- 984500E08JE47OE3DH35 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-04-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable since 03-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SD Electronics in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62100
Computer programming
Codes under NACEBEL 2008
62020
IT consultancy main activity
62010
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwerpen en programmeren van computerprogramma's; Overige gespecialiseerde wetenschappelijke en technische activiteiten; Overige…”deed of 07-04-2023 (in Dutch)
25 activities
- Ontwerpen en programmeren van computerprogramma's;
- Overige gespecialiseerde wetenschappelijke en technische activiteiten;
- Overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering;
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enzovoort;
- Berekenen van kosten en baten aan de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enzovoort;
- Overige gespecialiseerde wetenschappelijke en technische activiteiten;
- Computerconsultancy-activiteiten;
- Verlenen van advies aan de gebruikers over soorten computers (hardware) en hun configuratie en de toepassing van bijhorende programmatuur (software);
- Verlenen van advies en praktische hulp aan de bedrijven in verband met public relations en communicatie;
- Ingenieurs en aanverwante technische adviseurs,exclusief landmeters;
- Overige dienstverlenende activiteiten op het gebied van informatie,niet eerder gemeld;
- Vervaardiging van andere machines,apparaten en werktuigen voor specifieke doeleinden,niet eerder gemeld;
- Reparatie van audio- en videoapparatuur;
- Reparatie van elektrische huishoudapparaten;
- Onderhoud en de reparatie van computers en randapparatuur;
- Reparatie van machines;
- Reparatie van elektronische en optische apparatuur;
- Reparatie van elektrische apparatuur;
- Reparatie van andere apparatuur;
- Reparatie van computers en randapparatuur;
- Onderhoud en de reparatie van computers en randapparatuur;
- Reparatie van communicatieapparatuur;
- Reparatie van consumentenelektronica;
- Reparatie van elektrische huishoudapparaten;
- Overige reparaties van consumentenartikelen,niet eerder gemeld.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Strooiselhoeve 8 registered office 3130 Begijnendijk | 05-04-2023 | 2.343.711.822 |
1 former office
- Schoolstraat 8, 2230 Herselt until 10-12-2024 · deed of 08-01-2025
Buildings and parcels at the address
- Ground area
- 3,341 m²
- Buildings
- 176 m²
- Volume, LiDAR
- 861 m³
- Tallest building
- 8.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24007B0109/00F002 | 3,341 m² | 1 · 176 m² | 8.0 m · 2 |