SD PARTNERS

Active

Private limited companyfounded 20242 yrs activePlace Saint-Lambert 27, 4000 Liège, BelgiumKBO/BCE: BE 1013.441.548

The computed 12-month bankruptcy probability of SD PARTNERS is 4.8% (elevated). The 2025 annual accounts show equity of €10k and a net result of €270. Its solvency ranks better than 44% of 13071 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

43 / 100

Weak

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability15

Solvency31

Growth-

Stability67

Bankruptcy probability, 12 months

4.8% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity short (current ratio 0.81), and 75.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

3 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2025, micro schema

Turnover

€158k

EBIT margin

0.2%

Net result

€270

Working capital

€-6k

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

Balance-sheet composition

Assets €43k

38.3%

61.7%

Fixed assets €16k

Current assets €26k

Equity and liabilities €43k

24.1%

75.9%

Equity €10k

Debt €32k

Debt finances 75.9% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€2k

Cash flow

€2k

Solvency

24.1%

Current ratio

0.81

Quick ratio

0.70

Debt / equity

3.14

ROE

2.6%

ROA

0.6%

Interest coverage

23.65

Debt

€32k

Debt ≤ 1 year

€32k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€43k

Fixed assets21/28€16k

Tangible fixed assets22/27€4k

Plant, machinery and equipment23€1k

Furniture and vehicles24€3k

Financial fixed assets28€12k

Current assets29/58€26k

Stocks and contracts in progress3€4k

Stocks30/36€4k

Amounts receivable within one year40/41€2k

Other amounts receivable41€2k

Cash at bank and in hand54/58€17k

Deferred charges and accrued income490/1€4k

Equity and liabilities

Total equity and liabilities10/49€43k

Equity10/15€10k

Contributions10/11€10k

Profit (loss) carried forward14€270

Amounts payable17/49€32k

Amounts payable within one year42/48€32k

Trade debts44€6k

Suppliers440/4€6k

Other amounts payable47/48€26k

Income statement Code2025

Turnover70€158k

Goods, raw materials, services and sundry goods60/61€156k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k

Gross operating margin9900€2k

Operating profit (loss)9901€323

Financial income75/76B€18

Recurring financial income75€18

Financial charges65/66B€72

Recurring financial charges65€72

Profit (loss) for the period before taxes9903€270

Profit (loss) for the period9904€270

Profit (loss) for the period to be appropriated9905€270

Appropriation of the result

Profit (loss) to be appropriated9906€270

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

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2026

28-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

22-12-2025 Resigned as Director

Location & real-estate footprint

Registered office, Liège · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Place Saint-Lambert 274000 Liège

Ground area

1.1 ha

Building footprint

1,912 m²

Volume, LiDAR