SD FINANCE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €41k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 489 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 11-06-2026, 50 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
50 d early
2024
29 d early
2023
41 d early
2022
45 d early
2021
25 d early
2020
31 d early
2019
69 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€41k▲ 10.2%
2024 · €37k
2018: €-31k
2019: €-61k
2020: €-113k
2021: €-123k
2022: €-56k
2023: €-31k
2024: €37k
2018 → 2025
Net result
€4k▼ 94.4%
2024 · €68k
2018: €-37k
2019: €-30k
2020: €-52k
2021: €-10k
2022: €67k
2023: €26k
2024: €68k
2018 → 2025
Total assets
€142k▼ 13.9%
2024 · €165k
2018: €290k
2019: €255k
2020: €232k
2021: €192k
2022: €206k
2023: €179k
2024: €165k
2018 → 2025
Solvency
28.9%▲ 6.3pp
2024 · 22.6%
2018: -10.8%
2019: -24.1%
2020: -48.9%
2021: -64.2%
2022: -27.4%
2023: -17.1%
2024: 22.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-123k-€-56k▲ 54.4%€-31k▲ 45.8%€37k€41k▲ 10.2%
Operating result€8k-€111k▲ 1,327%€54k▼ 51.5%€108k▲ 102%€20k▼ 81.1%
Net result€-10k-€67k€26k▼ 61.6%€68k▲ 163%€4k▼ 94.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 81% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€72k▼ 38.5%
Current assets
€70k▲ 47.7%
Equity and liabilities €142k
Equity
€41k▲ 10.2%
Debt
€101k▼ 20.9%
The debt ratio falls from 77.4% to 71.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
28.9%▲
2024 · 22.6%
ROE
9.3%▼
2024 · 182.0%
ROA
2.7%▼
2024 · 41.2%
Debt
€101k▼
2024 · €127k
Debt ≤ 1 year
€61k▲
2024 · €59k
Debt > 1 year
€40k▼
2024 · €68k
Income taxes
€15k▼
2024 · €38k
Staff costs
€187k▲
2024 · €168k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€165k€142k▼
Fixed assets21/28€118k€72k▼
Intangible fixed assets21€103k€69k▼
Tangible fixed assets22/27€14k€3k▼
Furniture and vehicles24€13k€2k▼
Other tangible fixed assets26€1k€881▼
Current assets29/58€47k€70k▲
Amounts receivable within one year40/41€22€6k▲
Other amounts receivable41€22€6k▲
Cash at bank and in hand54/58€45k€46k▲
Deferred charges and accrued income490/1€2k€18k▲
Equity and liabilities
Total equity and liabilities10/49€165k€142k▼
Equity10/15€37k€41k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€31k€35k▲
Amounts payable17/49€127k€101k▼
Amounts payable after more than one year17€68k€40k▼
Financial debts170/4€68k€39k▼
Other amounts payable178/9€341€341=
Amounts payable within one year42/48€59k€61k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€1k€832▼
Suppliers440/4€1k€832▼
Taxes, remuneration and social security45€30k€32k▲
Taxes450/3€8k€8k▼
Remuneration and social security454/9€22k€24k▲
Income statement
Code20242025
Remuneration, social security and pensions62€168k€187k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€45k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€239€474▲
Gross operating margin9900€323k€255k▼
Operating profit (loss)9901€108k€20k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€105k€18k▼
Income taxes67/77€38k€15k▼
Profit (loss) for the period9904€68k€4k▼
Profit (loss) for the period to be appropriated9905€68k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€35k▲
Profit (loss) brought forward from the previous period14P€-37k€31k▲
Social balance
Average headcount (FTE)90872.42.6▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €68k ▲163%
Net result €68k, the highest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €67k
Net result €67k after 4 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Quaregnon · 1 establishment unit since 2017
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.
Rue Jules Destrée 2647390 QuaregnonGround area
70 m²
Building footprint
80 m²
Volume, LiDAR
684 m³
Parcel 53065B0730/00D000, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SD FINANCES
since 20172.268.786.052
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53065B0730/00D000 | Wallonia | 70 m² | 1 · 80 m² | 9.7 m · 3 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.
Structure & network
Ownership & control
1 partySD FINANCEBE 0680.801.329
controls
Where this company holds controlthis company sits on their board1
10 locations
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Of 1,680 companies in sector 66191 we hold annual accounts for 1,229. 793 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-2017
Fiscal year end31-12
Activities, NACEBEL
66191Agents and brokers in banking services
66199Other activities auxiliary to financial services, excluding insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:od@dap.be