Financials
- Fiscal year
- 2025
- Total assets
- €1.5m
- Profit
- €32,291
- Solvency
- 7.4%
Total assets▲ 64.8%
Net result
20182025
SD ESTATE
ActiveSummary
SD ESTATE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,957 and a net result of €32,291. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 16759 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Buying and selling of own real estate
NACE 68110NACE 68100
1 site
Size
€1.5mtotal assets 2025
- Equity
- €108,957
- Profit
- €32,291
Turnover not published (abridged schema)
Structure
- Board
- 1 member
Accounts filed 25 d late2 of 4 deeds read
Why 90- Equity €108,957 (7.4% of total assets)- Liquidity: current ratio 0.19, cash €18,452, halved+ Size: total assets €1.5m+ Figures for FY 2025 (filed 25-08-2026)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Better than 46% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
32-2
equity 7.4% of total assets
Liquidity
39-2
short-term debt 30.7% · cash 1.2%
Profitability
50-5
return on assets 2.2%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● 0.0% vs 11-2024
01-2025: 0.1%● 0.0% vs 12-2024
02-2025: 0.1%▲ +3.6% vs 01-2025
03-2025: 0.1%▲ +3.5% vs 02-2025
04-2025: 0.1%▼ -0.7% vs 03-2025
05-2025: 0.2%▲ +5.4% vs 04-2025
06-2025: 0.2%▲ +19.2% vs 05-2025
07-2025: 0.3%▲ +47.8% vs 06-2025
08-2025: 0.5%▲ +66.5% vs 07-2025highest value
09-2025: 0.1%▼ -74.9% vs 08-2025
10-2025: 0.1%● 0.0% vs 09-2025
11-2025: 0.1%▼ -0.9% vs 10-2025lowest value
12-2025: 0.1%● 0.0% vs 11-2025lowest value
01-2026: 0.1%● 0.0% vs 12-2025lowest value
02-2026: 0.1%▲ +8.8% vs 01-2026
03-2026: 0.1%▲ +4.0% vs 02-2026
04-2026: 0.1%▼ -2.3% vs 03-2026
05-2026: 0.1%▲ +4.0% vs 04-2026
06-2026: 0.1%▲ +11.5% vs 05-2026
07-2026: 0.2%▲ +29.5% vs 06-2026
08-2026: 0.4%▲ +134% vs 07-2026
09-2026: 0.2%▼ -62.9% vs 08-2026
10-2026: 0.2%● 0.0% vs 09-2026
- Size: total assets €1.5m lowers the probability for this profile
- Equity €108,957 (7.4% of total assets) raises the probability
- Figures for FY 2025 (filed 25-08-2026) lowers the probability
- Liquidity: current ratio 0.19, cash €18,452, halved raises the probability
Credit up to €9,000 at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.36 in 2024; short-term debt: 30.7% and cash: 1.2% of total assets), and 92.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 28%, liquidity 31%, profitability 43%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €108,957
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
30 d late
2023
30 d late
2022
29 d late
2021
17 d early
2020
27 d late
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
- Appointment: Adelina Hanific (director)State Gazette act
- Annual accounts filedfiscal year 2025 · micro…
- Resignation: Saggese Sandra (manager)Director discharge
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 17
- Since
- 2017
- Next accounts
- by 31-07-2027
- 17-09-2026Appointment: Adelina Hanific (director)
- 25-08-2026Annual accounts filed
- 14-07-2026Resignation: Saggese Sandra (manager)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 02-04-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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