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SDAP PERFORMANCE

Active
Private limited companyfounded 20233 yrs activeRue du Docteur Rebuffat 15, 6032 Charleroi, BelgiumKBO/BCE: BE 0797.928.532
Summary

The computed 12-month bankruptcy probability of SDAP PERFORMANCE is 2.0% (moderate). The 2024 annual accounts show equity of €39,753 and a net result of €34,532. Its solvency ranks better than 64% of 6133 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+55
Solvency80▲+51
Growth78
Track record94
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 5.16 in 2023; short-term debt: 45.1% and cash: 50.4% of total assets), and 45.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 2 February 2023, SDAP PERFORMANCE was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34,532▲ 718%
2023 · €4,221
Working capital
€5,475▼ 94.9%
2023 · €107,133
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€6,178-€45,011▲ 629%
Net result€4,221within the sector's middle half-€34,532within the sector's middle half▲ 718%
Equity€5,221below the sector's middle half-€39,753below the sector's middle half▲ 661%
Total assets€132,861below the sector's middle half-€72,428below the sector's middle half▼ 45.5%
Debt€127,640-€32,674▼ 74.4%
Working capital€107,133within the sector's middle half-€5,475below the sector's middle half▼ 94.9%
Solvency3.9%below the sector's middle half-54.9%within the sector's middle half▲ 51.0pp
Current ratio5.16above the sector's middle half-1.17within the sector's middle half▼ 4.00
Return on assets (ROA)3.2%within the sector's middle half-47.7%above the sector's middle half▲ 44.5pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2023: €6,178€6,178Net result 2023: €4,221€4,221Operating result 2024: €45,011€45,011Net result 2024: €34,532€34,53220232024€0€20,000€40,000Operating result 2023: €6,178€6,180Net result 2023: €4,221€4,220Operating result 2024: €45,011€45,000Net result 2024: €34,532€34,50020232024
The operating result rises in 2024; 2024 is 629% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72,428
Fixed assets €34,279
Current assets €38,149
Equity and liabilities €72,428
Equity €39,753 ▲ 661%
Debt €32,674 ▼ 74.4%
Debt's share of the balance-sheet total falls from 96.1% to 45.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€50,814
Cash flow
€40,336
Debt to equity
0.82▼
2023 · 24.45
ROE
86.9%▲
2023 · 80.8%
Interest coverage
620.29
Debt ≤ 1 year
€32,674▲
2023 · €25,728
Income taxes
€10,405▲
2023 · €1,950
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€132,861€72,428▼
Fixed assets21/28-€34,279
Tangible fixed assets22/27-€34,279
Leasing and similar rights25-€34,279
Current assets29/58€132,861€38,149▼
Amounts receivable within one year40/41€124,965€316▼
Trade receivables40€124,965€10▼
Other amounts receivable41-€306
Cash at bank and in hand54/58€7,896€36,529▲
Deferred charges and accrued income490/1-€1,304
Equity and liabilities
Total equity and liabilities10/49€132,861€72,428▼
Equity10/15€5,221€39,753▲
Contributions10/11€1,000€1,000=
Outside capital11€1,000€1,000=
Other1109/19€1,000€1,000=
Profit (loss) carried forward14€4,221€38,753▲
Amounts payable17/49€127,640€32,674▼
Amounts payable within one year42/48€25,728€32,674▲
Trade debts44€1,393€7,394▲
Suppliers440/4€1,393€7,394▲
Taxes, remuneration and social security45€23,568€10,405▼
Taxes450/3€23,568€10,405▼
Other amounts payable47/48€768€14,875▲
Accrued charges and deferred income492/3€101,912-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,804
Other operating charges640/8-€63
Gross operating margin9900€6,178€50,878▲
Operating profit (loss)9901€6,178€45,011▲
Financial income75/76B-€9
Recurring financial income75-€9
Financial charges65/66B€7€82▲
Recurring financial charges65€7€82▲
Profit (loss) for the period before taxes9903€6,171€44,938▲
Income taxes67/77€1,950€10,405▲
Profit (loss) for the period9904€4,221€34,532▲
Profit (loss) for the period to be appropriated9905€4,221€34,532▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,221€38,753▲
Profit (loss) brought forward from the previous period14P-€4,221

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,804-
Other operating charges640/8-€63-
Gross operating margin9900€6,178€50,878▲ 723%
Operating profit (loss)9901€6,178€45,011▲ 629%
Financial income75/76B-€9-
Recurring financial income75-€9-
Financial charges65/66B€7€82▲ 1,028%
Recurring financial charges65€7€82▲ 1,028%
Profit (loss) for the period before taxes9903€6,171€44,938▲ 628%
Income taxes67/77€1,950€10,405▲ 434%
Profit (loss) for the period9904€4,221€34,532▲ 718%
Profit (loss) for the period to be appropriated9905€4,221€34,532▲ 718%
Line20232024Change
Assets
Total assets20/58€132,861€72,428▼ 45.5%
Fixed assets21/28-€34,279-
Tangible fixed assets22/27-€34,279-
Leasing and similar rights25-€34,279-
Current assets29/58€132,861€38,149▼ 71.3%
Amounts receivable within one year40/41€124,965€316▼ 99.7%
Trade receivables40€124,965€10▼ 100.0%
Other amounts receivable41-€306-
Cash at bank and in hand54/58€7,896€36,529▲ 363%
Deferred charges and accrued income490/1-€1,304-
Equity and liabilities
Total equity and liabilities10/49€132,861€72,428▼ 45.5%
Equity10/15€5,221€39,753▲ 661%
Contributions10/11€1,000€1,000=
Outside capital11€1,000€1,000=
Other1109/19€1,000€1,000=
Profit (loss) carried forward14€4,221€38,753▲ 818%
Amounts payable17/49€127,640€32,674▼ 74.4%
Amounts payable within one year42/48€25,728€32,674▲ 27.0%
Trade debts44€1,393€7,394▲ 431%
Suppliers440/4€1,393€7,394▲ 431%
Taxes, remuneration and social security45€23,568€10,405▼ 55.8%
Taxes450/3€23,568€10,405▼ 55.8%
Other amounts payable47/48€768€14,875▲ 1,837%
Accrued charges and deferred income492/3€101,912--
Line20232024Change
Profit (loss) for the period9904€4,221€34,532▲ 718%
+ Depreciation and write-downs630-€5,804-
Operating cash flow (approximation)€4,221€40,336▲ 856%
Change in cash-€28,633-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Charleroi · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
171 m²
Building footprint
50 m²
Parcel 52050A0155/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SDAP PERFORMANCE
Rue du Docteur Rebuffat 15, 6032 CharleroiNACE 45310
since 20232.341.844.769
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52050A0155/00R000 Wallonia 171 m² 1 · 50 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,146 companies in sector 46190 we hold annual accounts for 2,576. 1,888 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
43211General electrical installation work
46341Wholesale of wines and spirits
47120Other non-specialised retail sale
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797928532
Registered 12-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.