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SD MEDIC

Active
Private limited companyfounded 20251 yr activeRue Pastur (Jacques) 33, 1410 Waterloo, BelgiumKBO/BCE: BE 1024.519.047
Summary

The computed 12-month bankruptcy probability of SD MEDIC is 2.0% (moderate). The 2025 annual accounts show equity of €20,152 and a net result of €20,052. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency72
Growth-
Track record67
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.47; short-term debt: 27.4% and cash: 49.5% of total assets), but 52.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47.2%
Return on assets
47%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SD MEDIC was incorporated on 20 June 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€20,152
Total assets
€42,663
Net result
€20,052
Working capital
€17,240

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €42,663
Fixed assets €13,721
Current assets €28,942
Equity and liabilities €42,663
Equity €20,152
Debt €22,510
Debt finances 52.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€30,645
Cash flow
€22,720
Current ratio
2.47
Debt to equity
1.12
ROE
99.5%
ROA
47.0%
Interest coverage
98.60
Debt ≤ 1 year
€11,701
Debt > 1 year
€10,809
Income taxes
€7,700
Staff costs
€884

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€42,663
Fixed assets21/28€13,721
Tangible fixed assets22/27€13,721
Furniture and vehicles24€13,721
Current assets29/58€28,942
Amounts receivable within one year40/41€6,985
Other amounts receivable41€6,985
Cash at bank and in hand54/58€21,117
Deferred charges and accrued income490/1€840
Equity and liabilities
Total equity and liabilities10/49€42,663
Equity10/15€20,152
Contributions10/11€100
Profit (loss) carried forward14€20,052
Amounts payable17/49€22,510
Amounts payable after more than one year17€10,809
Financial debts170/4€10,809
Amounts payable within one year42/48€11,701
Current portion of amounts payable after more than one year42€2,822
Trade debts44€1,180
Suppliers440/4€1,180
Taxes, remuneration and social security45€7,700
Taxes450/3€7,700
Income statement Code2025
Remuneration, social security and pensions62€884
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,668
Other operating charges640/8€303
Gross operating margin9900€31,833
Operating profit (loss)9901€27,977
Financial income75/76B€86
Recurring financial income75€86
Financial charges65/66B€311
Recurring financial charges65€311
Profit (loss) for the period before taxes9903€27,752
Income taxes67/77€7,700
Profit (loss) for the period9904€20,052
Profit (loss) for the period to be appropriated9905€20,052
Appropriation of the result
Profit (loss) to be appropriated9906€20,052

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€884
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,668
Other operating charges640/8€303
Gross operating margin9900€31,833
Operating profit (loss)9901€27,977
Financial income75/76B€86
Recurring financial income75€86
Financial charges65/66B€311
Recurring financial charges65€311
Profit (loss) for the period before taxes9903€27,752
Income taxes67/77€7,700
Profit (loss) for the period9904€20,052
Profit (loss) for the period to be appropriated9905€20,052
Line2025
Assets
Total assets20/58€42,663
Fixed assets21/28€13,721
Tangible fixed assets22/27€13,721
Furniture and vehicles24€13,721
Current assets29/58€28,942
Amounts receivable within one year40/41€6,985
Other amounts receivable41€6,985
Cash at bank and in hand54/58€21,117
Deferred charges and accrued income490/1€840
Equity and liabilities
Total equity and liabilities10/49€42,663
Equity10/15€20,152
Contributions10/11€100
Profit (loss) carried forward14€20,052
Amounts payable17/49€22,510
Amounts payable after more than one year17€10,809
Financial debts170/4€10,809
Amounts payable within one year42/48€11,701
Current portion of amounts payable after more than one year42€2,822
Trade debts44€1,180
Suppliers440/4€1,180
Taxes, remuneration and social security45€7,700
Taxes450/3€7,700
Line2025
Profit (loss) for the period9904€20,052
+ Depreciation and write-downs630€2,668
Operating cash flow (approximation)€22,720

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 2025
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 Pastur (Jacques) 331410 Waterloo
1 establishment unit
SD MEDIC
Rue Pastur (Jacques) 33, 1410 WaterlooSpecialist medical practice
since 20252.376.079.039

Identification & contact

Identification
Legal formPrivate limited company
Founded20-06-2025
Fiscal year end31-12
Contact
E-mail degreve.sarah@gmail.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.