Financials
- Fiscal year
- 2025
- Total assets
- €763,268
- Profit
- €47,919
- Solvency
- 15.3%
Total assets▲ 179%
Net result
20232025
SD TRADING
ActiveSummary
SD TRADING has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,883 and a net result of €47,919. Equity is growing by ~63.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 21069 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Retail sale of watches and jewellery
NACE 47770Wholesale trade NACE 46480
1 site
Size
€763,268total assets 2025
- Staff
- 1 FTE
- Equity
- €116,883
- Profit
- €47,919
Turnover not published (abridged schema)
Structure
Accounts 25 d early0 of 2 deeds read
Why 71- 1 change of registered office in 24 months- Founded in 2023+ Figures for FY 2025 (filed 06-07-2026)+ Size: total assets €763,268Show the evidence
Checked score
Score 2025
71
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 61% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
40-10
equity 15.3% of total assets
Liquidity
53-7
short-term debt 84.7% · cash 57.9%
Profitability
77-10
return on assets 6.3%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%▼ -0.7% vs 11-2024
01-2025: 0.4%▼ -9.6% vs 12-2024lowest value
02-2025: 0.4%▲ +10.8% vs 01-2025
03-2025: 0.8%▲ +80.2% vs 02-2025
04-2025: 0.9%▲ +18.3% vs 03-2025
05-2025: 1.1%▲ +23.2% vs 04-2025
06-2025: 1.1%▲ +0.1% vs 05-2025
07-2025: 0.8%▼ -22.9% vs 06-2025
08-2025: 0.8%● 0.0% vs 07-2025
09-2025: 0.8%▼ -1.5% vs 08-2025
10-2025: 0.8%● 0.0% vs 09-2025
11-2025: 0.8%● 0.0% vs 10-2025
12-2025: 0.8%● 0.0% vs 11-2025
01-2026: 0.7%▼ -12.1% vs 12-2025
02-2026: 0.7%● 0.0% vs 01-2026
03-2026: 0.7%● 0.0% vs 02-2026
04-2026: 0.9%▲ +19.7% vs 03-2026
05-2026: 1.1%▲ +25.2% vs 04-2026
06-2026: 1.1%▲ +0.4% vs 05-2026
07-2026: 1.1%▲ +3.4% vs 06-2026highest value
08-2026: 0.7%▼ -36.4% vs 07-2026
09-2026: 0.6%▼ -20.5% vs 08-2026
10-2026: 0.6%● 0.0% vs 09-2026
- Figures for FY 2025 (filed 06-07-2026) lowers the probability
- 1 change of registered office in 24 months raises the probability
- Size: total assets €763,268 lowers the probability for this profile
- Founded in 2023 raises the probability for this profile
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.32 in 2024; short-term debt: 84.7% and cash: 57.9% of total assets), and 84.7% 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 47, micro). Better than this share of them on solvency 31%, liquidity 58%, profitability 64%, growth against the median 89%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
46 d early
2023
131 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 67 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 15 June (3 of the last 3 filed years within 84 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2023net €47,919 ▲21.2%
- Equity above €100,000Eq €116,883 ▲69.5%
Key points
By topic
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 31-07-2027
- 06-07-2026Annual accounts filed
- 31-12-2025Highest result since 2023
- 31-12-2025Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of watches and jewelleryNACE 47770
- Founded
- 11-01-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.