SDAP PERFORMANCE
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €56,000. Estimated: probably between €32,000 and €110,000.
Balance sheet
balance sheet total €91,592 on 31-12-2025in euro
in euro
Position in the sector
37.1%
Higher than 48% of 13,807 companies in 2025.
1.41
Higher than 44% of 13,189 companies in 2025.
-6.3%
Higher than 21% of 13,367 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
91,592 | 72,428 | 132,861 | |
21/28 |
20,919 | 34,279 | - | |
22/27 |
20,919 | 34,279 | - | |
24 |
20,919 | - | - | |
25 |
0 | 34,279 | - | |
29/58 |
70,673 | 38,149 | 132,861 | |
40/41 |
11,582 | 316 | 124,965 | |
40 |
11,582 | 10 | 124,965 | |
41 |
0 | 306 | - | |
54/58 |
59,004 | 36,529 | 7,896 | |
490/1 |
87 | 1,304 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
91,592 | 72,428 | 132,861 | |
10/15 |
33,981 | 39,753 | 5,221 | |
10/11 |
1,000 | 1,000 | 1,000 | |
11 |
- | 1,000 | 1,000 | |
1109/19 |
- | 1,000 | 1,000 | |
14 |
32,981 | 38,753 | 4,221 | |
17/49 |
57,611 | 32,674 | 127,640 | |
42/48 |
50,029 | 32,674 | 25,728 | |
44 |
12,114 | 7,394 | 1,393 | |
440/4 |
12,114 | 7,394 | 1,393 | |
45 |
10,851 | 10,405 | 23,568 | |
450/3 |
10,851 | 10,405 | 23,568 | |
47/48 |
27,064 | 14,875 | 768 | |
492/3 |
7,582 | - | 101,912 | |
| Income statement | ||||
9900 |
8,382 | 50,878 | 6,178 | |
630 |
13,360 | 5,804 | - | |
640/8 |
189 | 63 | - | |
9901 |
-5,167 | 45,011 | 6,178 | |
75/76B |
2 | 9 | - | |
75 |
2 | 9 | - | |
65/66B |
115 | 82 | 7 | |
65 |
115 | 82 | 7 | |
9903 |
-5,279 | 44,938 | 6,171 | |
67/77 |
493 | 10,405 | 1,950 | |
9904 |
-5,773 | 34,532 | 4,221 | |
9905 |
-5,773 | 34,532 | 4,221 | |
| Appropriation of the result | ||||
9906 |
32,981 | 38,753 | 4,221 | |
14P |
38,753 | 4,221 | - | |
| Document | ||||
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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 8,193 | 50,814 | - | ||
| 7,587 | 40,336 | - | ||
| 0 | 40,083 | - | ||
| 22,475 | 28,633 | - | ||
| 20,644 | 5,475 | 107,133 | ||
| 37.1% | 54.9% | 3.9% | ||
| 1.41 | 1.17 | 5.16 | ||
| 1.70 | 0.82 | 24.45 | ||
| -17.0% | 86.9% | 80.8% | ||
| -6.3% | 47.7% | 3.2% | ||
| 71.54 | over 100 | - |
EBIT margin: not included in this filing.
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €40,083 | - |
| Financial fixed assets | €0 | - | - |
| €13,360 | €5,804 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on SDAP PERFORMANCE
The operating result for 2025 is a loss of €5,167, after a profit of €45,011 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 45.1% to 62.9%. Equity is lower and debt is higher.