Summary
SDA Group has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €52.0m and a net result of -€3,843. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 95% of 3,853 sector peers (NACE 70, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, full format
2025 annual accounts filed late (13 days) Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399249.
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €3,323 in 2025 against €6,154 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Return on assets (ROA).
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Operating charges60/66A | - | - | €3,323 | - |
| Services and other goods61 | - | - | €2,224 | - |
| Other operating charges640/8 | €384 | €387 | €998 | ▲ 158% |
| Non-recurring operating charges66A | - | - | €100 | - |
| Gross operating margin9900 | -€9,234 | -€5,767 | - | - |
| Operating profit (loss)9901 | -€9,619 | -€6,154 | -€3,323 | ▲ 46.0% |
| Financial charges65/66B | €192 | €530 | €520 | ▼ 1.9% |
| Recurring financial charges65 | €192 | €530 | €520 | ▼ 1.9% |
| Debt charges650 | - | - | €520 | - |
| Profit (loss) for the period before taxes9903 | -€9,811 | -€6,685 | -€3,843 | ▲ 42.5% |
| Profit (loss) for the period9904 | -€9,811 | -€6,685 | -€3,843 | ▲ 42.5% |
| Profit (loss) for the period to be appropriated9905 | -€9,811 | -€6,685 | -€3,843 | ▲ 42.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €50.0m | €52.0m | €52.0m | = |
| Fixed assets21/28 | €50.0m | €50.0m | €50.0m | = |
| Financial fixed assets28 | €50.0m | €50.0m | €50.0m | = |
| Affiliated companies280/1 | - | - | €50.0m | - |
| Participating interests280 | - | - | €50.0m | - |
| Current assets29/58 | €0.002m | €2.0m | €2.0m | ▼ 0.3% |
| Amounts receivable within one year40/41 | €9 | €2.0m | €1.2m | ▼ 39.5% |
| Other amounts receivable41 | €9 | €2.0m | €1.2m | ▼ 39.5% |
| Cash at bank and in hand54/58 | €0.002m | €0.001m | €0.8m | ▲ 1,385× |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €50.0m | €52.0m | €52.0m | = |
| Equity10/15 | €50.0m | €52.0m | €52.0m | = |
| Contributions10/11 | €50.0m | €52.1m | €52.1m | = |
| Profit (loss) carried forward14 | -€0.01m | -€0.02m | -€0.02m | ▼ 23.3% |
| Amounts payable17/49 | €0.01m | €0.002m | €197 | ▼ 89.3% |
| Amounts payable within one year42/48 | €0.01m | €0.002m | €197 | ▼ 89.3% |
| Trade debts44 | - | €0.002m | €197 | ▼ 89.3% |
| Suppliers440/4 | - | €0.002m | €197 | ▼ 89.3% |
| Other amounts payable47/48 | €0.01m | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,811 | -€6,685 | -€3,843 | ▲ 42.5% |
| Operating cash flow (approximation) | -€9,811 | -€6,685 | -€3,843 | ▲ 42.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€1,515 | €802,706 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 13-08-2026 | 2026-00399249 |
| 31-12-2024 | full format | 04-08-2025 | 2025-00358873 |
| 31-12-2023 | full format | 12-08-2024 | 2024-00342909 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.