SD Solution
ActiveSummary
SD Solution has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €42k. Equity is growing by ~97.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+8
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 8.48 against 4.01 in 2024; short-term debt: 11.2% and cash: 1% of total assets), and 11.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.8%
Return on assets
36.7%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
9 d early
2024
31 d early
2023
50 d late
2022
21 d late
2021
255 d late
2020
751 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€101k▲ 6.0%
2024 · €95k
2020: €6k
2021: €6k
2022: €28k
2023: €72k
2024: €95k
2020 → 2025
Total assets
€114k▼ 9.2%
2024 · €125k
2020: €47k
2021: €41k
2022: €49k
2023: €113k
2024: €125k
2020 → 2025
Net result
€42k▲ 79.9%
2024 · €23k
2020: €26k
2021: €-218
2022: €22k
2023: €50k
2024: €23k
2020 → 2025
Working capital
€95k▲ 5.2%
2024 · €90k
2020: €-156
2021: €-938
2022: €21k
2023: €-20k
2024: €90k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€28k▲ 362%€72k▲ 158%€95k▲ 32.2%€101k▲ 6.0%
Operating result€308-€32k▲ 10,237%€72k▲ 125%€29k▼ 59.3%€48k▲ 65.5%
Net result€-218-€22k€50k▲ 126%€23k▼ 53.3%€42k▲ 79.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€6k ▲ 21.9%
Current assets
€108k ▼ 10.5%
Equity and liabilities €114k
Equity
€101k ▲ 6.0%
Debt
€13k ▼ 57.8%
Debt's share of the balance-sheet total falls from 24.0% to 11.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2024 · €38k
Cash flow
€44k▲
2024 · €32k
Current ratio
8.48▲
2024 · 4.01
Debt to equity
0.13▼
2024 · 0.32
ROE
41.3%▲
2024 · 24.3%
ROA
36.7%▲
2024 · 18.5%
Interest coverage
28.42▲
2024 · 13.97
Debt ≤ 1 year
€13k▼
2024 · €30k
Income taxes
€10k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€125k€114k▼
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€5k€6k▲
Furniture and vehicles24€5k€6k▲
Financial fixed assets28€0-
Current assets29/58€120k€108k▼
Amounts receivable after more than one year29€75k€60k▼
Other amounts receivable291€75k€60k▼
Amounts receivable within one year40/41€37k€46k▲
Trade receivables40€24k€15k▼
Other amounts receivable41€13k€31k▲
Cash at bank and in hand54/58€315€1k▲
Deferred charges and accrued income490/1€8k€719▼
Equity and liabilities
Total equity and liabilities10/49€125k€114k▼
Equity10/15€95k€101k▲
Contributions10/11€5k€5k=
Reserves13€90k€96k▲
Distributable reserves133€90k€96k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€30k€13k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€30k€13k▼
Current portion of amounts payable after more than one year42€6k€1k▼
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€17k€8k▼
Taxes450/3€17k€8k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€2k▼
Other operating charges640/8€305€502▲
Non-recurring operating charges66A€0-
Gross operating margin9900€39k€51k▲
Operating profit (loss)9901€29k€48k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€31k€52k▲
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€23k€42k▲
Profit (loss) for the period to be appropriated9905€23k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€42k▲
Transfer from equity791/2-€36k
Transfer to equity691/2€23k€42k▲
To other reserves6921€23k€42k▲
Profit to be distributed694/7-€36k
Return on contributions (dividend)694-€36k
The notes to these accounts (6 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 8.48
Current ratio from 4.01 to 8.48; short-term debt falls from €30k to €13k.
31-12
Financial
Equity above €100kEq €101k ▲6%
4 profitable years in a row build equity to €101k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 8current ratio 4.01
Current ratio from 0.50 to 4.01; short-term debt falls from €39k to €30k.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Highest result since 2020net €50k ▲126%
Operating result €72k, net result €50k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
21-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 751 days late
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 255 days late
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.03
Current ratio from 0.94 to 3.03; short-term debt falls from €16k to €10k.
2021
31-12
Financial
Weakest financial yearnet €-218 ▼101%
Net result drops to €-218, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Roeselare · 1 establishment unit since 2019
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.
Hoogstraat 1408800 RoeselareGround area
162 m²
Building footprint
52 m²
Volume, LiDAR
322 m³
Parcel 36302B0245/00W002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SD Solution
since 20192.297.321.175
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B0245/00W002 | Flanders | 162 m² | 1 · 52 m² | 9.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,770 EUR awarded · 1,770 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,770 EUR | 1,770 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,562 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.