Equity
SD2 has made a profit without a break since 2021.
SD2 has made a profit without a break since 2021.
The last five annual accounts were filed 33 to 81 days before the end of the period.
Higher solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.
In July 2024, 20,124 companies had the same profile as SD2 has now. Each dot stands for 51 companies, two years later.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,124 companies, not a prediction for SD2. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SD2 Ghent | €564,815 | €92,063 | 97.9% | - |
| CLAEYS CONSULTING Lochristi | €578,831 | €76,507 | 83.7% | - |
| DM ADVICE Sint-Niklaas | €502,760 | €79,441 | 36.7% | - |
| INTEGRATED BUSINESS SOLUTIONS Brussels | €618,913 | €86,934 | 70.5% | 1 |
| PYXEL Yvoir | €564,629 | €96,988 | 29.4% | - |
| ICE DESIGN Geel | €506,923 | €94,639 | 47.3% | - |
| F. WILSENS Beveren | €548,055 | €74,735 | 84.0% | - |
These companies have the same main activity as SD2: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €503,000 and €619,000, founded between 2004 and 2007.
SD2 files the micro format. That format states no turnover. The gross margin rose from €20,955 in 2006 to €92,063 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €160,000 and €230,000.
Higher than 95% of 22,039 companies in 2025.
Higher than 95% of 21,339 companies in 2025.
Higher than 38% of 21,530 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
564,815 | 496,717 | 435,940 | 406,895 | 360,170 | 334,461 | 338,949 | 295,825 | 261,343 | 205,790 | 172,599 | 161,740 | 126,833 | 103,918 | 72,175 | 88,614 | 124,701 | 92,457 | 65,170 | 59,273 | |
21/28 |
1,688 | 3,508 | 3,547 | 12,663 | 21,811 | 30,173 | 39,547 | 18,462 | 21,831 | 24,881 | 22,727 | 18,274 | 17,928 | 18,711 | 20,922 | 24,755 | 29,093 | 24,584 | 28,989 | 34,709 | |
22/27 |
1,688 | 3,508 | 3,547 | 12,663 | 21,811 | 30,173 | 39,547 | 18,462 | 21,831 | 24,881 | 22,727 | 18,274 | 17,928 | 18,711 | 20,922 | 24,755 | 29,093 | 24,584 | 28,989 | 34,709 | |
22 |
- | 1,544 | 3,088 | 5,035 | 6,983 | 8,930 | 11,165 | 13,401 | 16,501 | 19,601 | 18,323 | 14,746 | 16,246 | 17,745 | 19,244 | 23,551 | 27,859 | 21,250 | 22,500 | 23,750 | |
24 |
1,688 | 1,964 | 459 | 7,627 | 14,828 | 21,242 | 28,382 | 5,062 | 5,330 | 5,280 | 4,404 | 3,528 | 1,682 | 966 | 1,678 | 1,204 | 1,234 | 3,334 | 6,489 | 10,959 | |
29/58 |
563,127 | 493,209 | 432,394 | 394,232 | 338,359 | 304,288 | 299,402 | 277,362 | 239,513 | 180,909 | 149,872 | 143,466 | 108,905 | 85,207 | 51,253 | 63,859 | 95,608 | 67,873 | 36,181 | 24,564 | |
40/41 |
24,570 | 19,883 | 21,401 | 9,055 | 12,906 | 11,375 | 6,623 | 1,831 | 12,524 | 12,659 | 3,685 | 8,191 | 10,360 | 7,149 | 5,370 | 3,823 | 34,163 | 10,486 | 7,827 | 24,423 | |
40 |
24,567 | 19,883 | 18,646 | 7,640 | 6,588 | 3,375 | 1,433 | - | 12,423 | 9,371 | - | 6,430 | 8,403 | 7,149 | 1,131 | 1,360 | 26,005 | 8,968 | 7,827 | 23,516 | |
41 |
3 | - | 2,755 | 1,415 | 6,317 | 8,000 | 5,190 | 1,831 | 101 | 3,288 | 3,685 | 1,762 | 1,957 | - | 4,239 | 2,463 | 8,158 | 1,518 | - | 907 | |
50/53 |
413,355 | 459,182 | 391,932 | 354,653 | 292,772 | 281,448 | 283,168 | 257,328 | 148,331 | 157,556 | 144,364 | 122,094 | 61,717 | 56,771 | 44,008 | 51,659 | 54,670 | 55,172 | 26,068 | 4 | |
54/58 |
124,981 | 13,028 | 18,879 | 30,321 | 32,484 | 11,038 | 9,227 | 18,204 | 78,658 | 10,694 | 1,823 | 13,181 | 36,828 | 21,287 | 1,875 | 8,377 | 6,775 | 2,215 | 2,286 | 137 | |
490/1 |
221 | 1,117 | 181 | 203 | 197 | 427 | 384 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
564,815 | 496,717 | 435,940 | 406,895 | 360,170 | 334,461 | 338,949 | 295,825 | 261,343 | 205,790 | 172,599 | 161,740 | 126,833 | 103,918 | 72,175 | 88,614 | 124,701 | 92,457 | 65,170 | 59,273 | |
10/15 |
552,834 | 489,160 | 428,358 | 397,878 | 353,268 | 331,012 | 333,278 | 290,459 | 243,581 | 198,584 | 163,298 | 152,810 | 118,941 | 96,256 | 64,265 | 54,561 | 120,172 | 91,605 | 60,781 | 37,318 | |
10/11 |
54,065 | 54,065 | 54,065 | 54,065 | 54,065 | 54,065 | 49,150 | 49,150 | 49,150 | 49,150 | 49,150 | 49,150 | 49,150 | 18,550 | 18,550 | 18,550 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 49,150 | 49,150 | 49,150 | 49,150 | 49,150 | 49,150 | 49,150 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,150 | 6,150 | 6,150 | 6,150 | |
13 |
498,769 | 435,095 | 376,559 | 346,079 | 301,469 | 279,213 | 284,128 | 241,309 | 194,431 | 149,434 | 113,203 | 102,715 | 68,915 | 75,855 | 35,855 | 35,855 | 106,855 | 76,855 | 1,855 | 1,855 | |
130 |
- | - | - | - | - | - | 4,915 | 4,915 | 4,915 | 4,915 | 4,915 | 4,915 | 4,915 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
133 |
498,769 | 435,095 | 376,559 | 346,079 | 301,469 | 279,213 | 279,213 | 236,394 | 189,516 | 144,519 | 108,288 | 97,800 | 64,000 | 74,000 | 34,000 | 34,000 | 105,000 | 75,000 | - | - | |
14 |
- | - | -2,266 | -2,266 | -2,266 | -2,266 | - | - | - | - | 945 | 945 | 876 | 1,851 | 9,860 | 156 | 917 | 2,350 | 46,526 | 23,063 | |
17/49 |
11,981 | 7,557 | 7,582 | 9,017 | 6,902 | 3,449 | 5,672 | 5,366 | 17,762 | 7,205 | 9,301 | 8,931 | 7,892 | 7,662 | 7,910 | 34,053 | 4,529 | 852 | 4,389 | 21,955 | |
42/48 |
11,981 | 7,557 | 7,582 | 9,017 | 6,902 | 3,449 | 5,672 | 5,366 | 17,762 | 7,205 | 9,301 | 8,931 | 7,892 | 7,662 | 7,910 | 34,053 | 4,529 | 852 | 4,389 | 21,955 | |
44 |
19 | - | - | - | - | - | 15 | 15 | 5,784 | 191 | 2,554 | 44 | 1,020 | 64 | 138 | 909 | - | 190 | 1,111 | 48 | |
440/4 |
19 | - | - | - | - | - | 15 | 15 | 5,784 | 191 | 2,554 | 44 | 1,020 | 64 | 138 | 909 | - | 190 | 1,111 | 48 | |
45 |
9,022 | 7,557 | 4,931 | 4,728 | 3,771 | 195 | 604 | 1,396 | 6,307 | 1,269 | 68 | 5,034 | 3,468 | 3,877 | 4,860 | 20,910 | 398 | 662 | 3,098 | 159 | |
450/3 |
9,022 | 7,557 | 4,931 | 4,728 | 3,771 | 195 | 604 | 1,396 | 6,307 | 1,269 | 68 | 5,034 | 3,468 | 3,877 | 4,860 | 20,910 | 398 | 662 | 3,098 | 159 | |
47/48 |
2,940 | - | 2,651 | 4,289 | 3,131 | 3,253 | 5,053 | 3,955 | 5,672 | 5,745 | 6,679 | 3,853 | 3,404 | 3,721 | 2,912 | 12,234 | 4,131 | - | 180 | 21,748 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 144 | 2,893 | - | - | - | - | - | |
9900 |
92,063 | 88,101 | 53,229 | 73,001 | 37,563 | 7,147 | 77,130 | 78,918 | 78,221 | 61,250 | 28,625 | 55,989 | 40,403 | 50,065 | 16,303 | 35,023 | 66,664 | 51,744 | 42,803 | 20,955 | |
630 |
2,563 | 2,104 | 9,116 | 9,148 | 9,501 | 10,502 | 10,681 | 6,011 | 4,877 | 4,690 | 4,665 | 2,226 | 2,278 | 2,211 | 5,241 | 5,107 | 7,855 | 4,900 | 5,720 | 8,474 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17,052 | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -17,052 | - | - | - | - | |
640/8 |
1,012 | 1,239 | 1,110 | 787 | 791 | 753 | 748 | 739 | 731 | 724 | 722 | 721 | 716 | 706 | 694 | 953 | 804 | 769 | 809 | 579 | |
9901 |
88,488 | 84,759 | 43,003 | 63,066 | 27,271 | -4,108 | 65,702 | 72,167 | 72,612 | 55,836 | 23,238 | 53,043 | 37,409 | 47,148 | 10,368 | 46,015 | 40,953 | 46,075 | 36,274 | 11,902 | |
75/76B |
6,280 | 5,402 | 3,981 | 3,303 | 2,183 | 1,978 | 2,698 | 1,637 | 2,397 | 2,275 | 2,180 | 2,000 | 1,321 | 1,108 | 1,216 | 2,617 | 2,301 | 1,780 | 905 | 6 | |
75 |
6,280 | 5,402 | 3,981 | 3,303 | 2,183 | 1,978 | 2,698 | 1,637 | 2,397 | 2,275 | 2,180 | 2,000 | 1,321 | 1,108 | 1,216 | 2,617 | 2,301 | 1,780 | 905 | 6 | |
65/66B |
251 | 255 | 156 | 185 | 120 | 216 | 158 | 330 | 464 | 117 | 139 | 179 | 77 | 60 | 72 | 125 | 215 | 152 | 204 | 1,068 | |
65 |
251 | 255 | 156 | 185 | 120 | 216 | 158 | 330 | 464 | 117 | 139 | 179 | 77 | 60 | 72 | 125 | 215 | 152 | 204 | 1,068 | |
9903 |
94,517 | 89,906 | 46,828 | 66,184 | 29,334 | -2,346 | 68,242 | 73,474 | 74,546 | 57,994 | 25,280 | 54,864 | 38,653 | 48,340 | 14,405 | 48,507 | 43,039 | 47,703 | 36,975 | 10,840 | |
67/77 |
30,843 | 29,104 | 16,347 | 21,574 | 7,078 | -80 | 25,423 | 26,596 | 29,549 | 22,707 | 14,791 | 20,995 | 12,568 | 16,349 | 4,701 | 15,268 | 12,872 | 15,279 | 11,912 | 4,025 | |
9904 |
63,674 | 60,802 | 30,480 | 44,610 | 22,256 | -2,266 | 42,819 | 46,878 | 44,997 | 35,286 | 10,488 | 33,869 | 26,085 | 31,991 | 9,704 | 33,239 | 30,167 | 32,424 | 25,063 | 6,815 | |
9905 |
63,674 | 60,802 | 30,480 | 44,610 | 22,256 | -2,266 | 42,819 | 46,878 | 44,997 | 35,286 | 10,488 | 33,869 | 26,085 | 31,991 | 9,704 | 33,239 | 30,167 | 32,424 | 25,063 | 6,815 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
63,674 | 58,536 | 28,215 | 42,344 | 19,990 | -2,266 | 42,819 | 46,878 | 44,997 | 36,231 | 11,433 | 34,745 | 27,936 | 41,851 | 9,860 | 34,156 | 32,517 | 78,950 | 48,126 | 23,063 | |
14P |
- | -2,266 | -2,266 | -2,266 | -2,266 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
63,674 | 58,536 | 30,480 | 44,610 | 22,256 | - | 42,819 | 46,878 | 44,997 | 36,231 | 10,488 | 33,800 | 27,060 | 40,000 | - | 34,000 | 30,000 | 75,000 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,060 | - | - | - | - | - | - | - | |
6921 |
63,674 | 58,536 | 30,480 | 44,610 | 22,256 | - | 42,819 | 46,878 | 44,997 | 36,231 | 10,488 | 33,800 | 24,000 | 40,000 | - | 34,000 | 30,000 | 75,000 | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,600 | 1,600 | 1,600 | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,600 | 1,600 | 1,600 | - | |
| Document | |||||||||||||||||||||
The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 11-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-05-2026 | 2026-00109583 | |
| 31-12-2024 | micro format | 16-05-2025 | 2025-00098488 | |
| 31-12-2023 | micro format | 17-05-2024 | 2024-00090775 | |
| 31-12-2022 | micro format | 22-05-2023 | 2023-00090890 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20107034 | |
| 31-12-2020 | micro format | 20-05-2021 | 2021-14600487 | |
| 31-12-2019 | micro format | 27-05-2020 | 2020-13300265 | |
| 31-12-2018 | micro format | 20-06-2019 | 2019-20300016 | |
| 31-12-2017 | micro format | 29-05-2018 | 2018-14300525 | |
| 31-12-2016 | micro format | 23-05-2017 | 2017-12900508 | |
| 31-12-2015 | abbreviated format | 03-06-2016 | 2016-15300187 | |
| 31-12-2014 | abbreviated format | 26-06-2015 | 2015-22500147 | |
| 31-12-2013 | abbreviated format | 19-05-2014 | 2014-12300487 | |
| 31-12-2012 | abbreviated format | 10-05-2013 | 2013-11400217 | |
| 31-12-2011 | abbreviated format | 23-05-2012 | 2012-12000190 | |
| 31-12-2010 | abbreviated format | 14-06-2011 | 2011-15000461 | |
| 31-12-2009 | abbreviated format | 07-06-2010 | 2010-15000028 | |
| 31-12-2008 | abbreviated format | 15-06-2009 | 2009-22200127 | |
| 31-12-2007 | abbreviated format | 04-06-2008 | 2008-18000058 | |
| 31-12-2006 | abbreviated format | 08-06-2007 | 2007-19600013 | |
| 31-12-2005 | abbreviated format | 07-06-2006 | 2006-19802072 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 91,050 | 86,862 | 52,119 | 72,214 | 36,772 | 6,394 | 76,382 | 78,178 | 77,490 | 60,526 | 27,903 | 55,269 | 39,687 | 49,359 | 15,609 | 51,122 | 48,808 | 50,975 | 41,994 | 20,376 | ||
| 66,236 | 62,905 | 39,597 | 53,758 | 31,757 | 8,236 | 53,500 | 52,890 | 49,874 | 39,977 | 15,153 | 36,094 | 28,363 | 34,202 | 14,945 | 38,346 | 38,022 | 37,324 | 30,783 | 15,289 | ||
| 743 | 2,065 | 0 | 0 | 1,140 | 1,127 | 31,766 | 2,643 | 2,050 | 6,844 | 9,118 | 2,572 | 1,495 | 0 | 1,408 | 769 | 12,364 | 495 | 0 | 26,444 | ||
| 111,953 | -5,851 | -11,442 | -2,163 | 21,446 | 1,811 | -8,977 | -60,454 | 67,964 | 8,871 | -11,358 | -23,647 | 15,541 | 19,412 | -6,502 | 1,602 | 4,560 | -71 | 2,149 | - | ||
| 551,146 | 485,652 | 424,812 | 385,215 | 331,457 | 300,839 | 293,731 | 271,997 | 221,750 | 173,704 | 140,571 | 134,535 | 101,013 | 77,545 | 43,343 | 29,806 | 91,079 | 67,021 | 31,792 | 2,609 | ||
| 97.9% | 98.5% | 98.3% | 97.8% | 98.1% | 99.0% | 98.3% | 98.2% | 93.2% | 96.5% | 94.6% | 94.5% | 93.8% | 92.6% | 89.0% | 61.6% | 96.4% | 99.1% | 93.3% | 63.0% | ||
| 47.00 | 65.26 | 57.03 | 43.72 | 49.02 | 88.23 | 52.79 | 51.69 | 13.48 | 25.11 | 16.11 | 16.06 | 13.80 | 11.12 | 6.48 | 1.88 | 21.11 | 79.66 | 8.24 | 1.12 | ||
| 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.07 | 0.04 | 0.06 | 0.06 | 0.07 | 0.08 | 0.12 | 0.62 | 0.04 | 0.01 | 0.07 | 0.59 | ||
| 11.5% | 12.4% | 7.1% | 11.2% | 6.3% | -0.7% | 12.8% | 16.1% | 18.5% | 17.8% | 6.4% | 22.2% | 21.9% | 33.2% | 15.1% | 60.9% | 25.1% | 35.4% | 41.2% | 18.3% | ||
| 11.3% | 12.2% | 7.0% | 11.0% | 6.2% | -0.7% | 12.6% | 15.8% | 17.2% | 17.1% | 6.1% | 20.9% | 20.6% | 30.8% | 13.4% | 37.5% | 24.2% | 35.1% | 38.5% | 11.5% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €743 | €2,065 | - | - | €1,140 |
| €2,563 | €2,104 | €9,116 | €9,148 | €9,501 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 4% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 1.5% to 2.1%. Equity and debt are higher.
SD2 has no parent and no holdings in its annual accounts. is the only director. SD2 shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Maaltebruggestraat 262 registered office 9000 Ghent | 03-06-2004 | 2.137.610.675 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44809I0470/02V000 | 166 m² | 1 · 110 m² | 10.5 m · 3 |
If something looks wrong or is missing, please tell us.